Engagement in Adventure Sports like Skydiving to Position Wearable Cameras Market at US$ 16.5 Billion by 2028

NEW YORK, Sept. 22, 2022 /PRNewswire/ -- The global wearable cameras market is expected to be valued at US$ 16.5 Billion in 2028 and exhibit steady growth at a CAGR of 14.8% in the forecast period (2022-2028). Wearable cameras are gaining immense popularity as more individuals are becoming conscious of their right to privacy and security. Thus, use of these cameras is increasing at a fast pace for both private and business needs.

Hands-free capability of wearable cameras is thought of as an adjunct to the smartphone camera, allowing users to snap images with the assistance of both body mounts and head mounts. At present, the market for wearable cameras includes devices that are mainly utilized for consumer, public safety, and adventure & sports activities. By application, sports and fitness is considered to be one of the largest segments in the global wearable cameras market.

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As wearable cameras are hands-free recording tools that enable users to capture and transmit a live event or circumstance, these are set to be extensively used by those individuals who engage in adventurous activities like skydiving. With their hands and eyes free, it enables users to focus on the work at hand while the recording continues through the camera they are wearing.

Law enforcement officials also use wearable cameras to capture any events they come across while on duty, including traffic stops, sobriety tests, and interviews, among other events. Increasing demand for these cameras among surgeons for usage in filming the entire surgical process for subsequent review is expected to push the market. Sales of head-mounted wearable cameras are anticipated to be boosted by increased demand from customers participating in adventure sports and rising need for social media recording.

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Competitive Landscape:

Some of the major strategies used by competitors in the global wearable cameras market are new product launches, mergers & acquisitions, joint ventures, and regional growth. Launch of new products into the market is now a primary emphasis for many large-scale companies. They are striving to compete with their rivals by diversifying the existing product portfolios.

For instance,

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More Valuable Insights on Wearable Cameras Market

In the latest study, Fact.MR offers a detailed study on global wearable cameras market for the forecast period of 2022 to 2028. This study also highlights key drivers promoting the sales of wearable cameras through detailed segmentation as follows:

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Key Questions Covered in the Wearable Cameras Market Report

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