Global Body Worn Camera Market will propel to garner USD 1,414.3 Mn, with a CAGR of 34.5% by 2025
05 June 2018
Body-worn video cameras are valuable tools that can be used by law enforcement to record traffic stops, arrests, sobriety tests, and interviews. Body-worn video camera systems typically consist of a camera, microphone, battery, and onboard data storage. They are designed to be head-mounted or worn at various locations on the body, depending on the model. Many police officers now use BWCs to document interactions with victims, witnesses, and others during police-citizen encounters, at crime and incident scenes, and during traffic stops. In many instances police agencies have found the BWC useful for officers in the favorable resolution of both administrative and criminal complaints and as a defense resource in cases of civil liability. Officers using these recorders have a clearly documented, firsthand, completely objective account of what was said during an incident in question.
The use of BWCs gives officers, their agencies, administrators, and employing jurisdictions an additional means of defending themselves in civil litigation. This is extremely useful in resolving citizen complaints which in turn is expected to drive the demand for body worn camera. Moreover, effective helping in police agencies to evaluate police officer performance in a more complete and fair manner has led to increased consumption of body worn camera by police officer and agencies is expected to drive this market. In terms of volume, global body worn camera market in 2017 stood at 599.5 thousand units and is expected to reach 3,847.1 thousand units by 2025 growing at a CAGR of 36.8% from 2018 to 2025. In terms of revenue, global Body worn camera market in 2016 stood at USD 243.6 Mn and is expected to reach USD 1,414.3 Mn by 2025 growing at a CAGR of 34.5% from 2018 to 2025.
On the basis of type body worn camera can be classified as recording type, recording and live streaming type and others. Recording type occupied larger market share as compared to iron free grade. Moreover, recording type is also expected to grow at a faster growth rate during the forecast period. Major applications of body worn camera can be classified as local police, special law enforcement agencies, civil usage and others. Local police application held the major market share while civil usage application is expected to grow at a fastest growth rate during the forecast period.
Region wise global Body worn camera market is segmented into North America, Europe, China, Japan, Southeast Asia, India and Row. Europe held the largest market share followed by North America and China respectively. China is expected to grow at a fastest growth rate followed by Japan and Europe during the forecast period.
Some of the global major players operating in the body worn camera market include Axon Enterprise, Inc., Digital Ally, Inc, Vievu LLC, Reveal Media Ltd., Pinnacle Response Ltd, PRO-VISION Video Systems, Safety Vision, LLC, Wolfcom Enterprises, Panasonic Corporation, Transcend Information, Inc., 10-8 Video Systems LLC,, Maxsur, Safety Innovations among others.
The Global Body Worn Camera market is segmented as follows:
Global Body Worn Camera Market: Product analysis
Recording and Live Streaming Type
Global Body Worn Camera Market: Application analysis
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