The smartphone has revolutionized the way cameras are used, making the camera highly portable and convenient, combined with the ability to easily share and upload pictures and video content. In many ways, wearable cameras are an extension of the smartphone camera, enabling hands-free functionality that allows users to capture both planned and spontaneous moments from unique perspectives, by using body or head mounts, or simply clipping the camera to clothing.
According to a new report from Tractica, the wearable camera market is still in the early stages of development and is experiencing rapid growth as use cases for wearable cameras expand. Tractica forecasts that wearable camera shipments will increase from 5.6 million in 2014 to 30.6 million units annually by 2020.
“Wearable camera adoption will be strongest in areas where there is a clear and specific use case or context in which the camera is used,” says research director Aditya Kaul. “While GoPro is driving the market for sports and adventure enthusiasts, we expect usage of consumer lifelogging cameras like those from Narrative to mature over time to capture specific moments and support video streaming. The public safety sector is also experiencing growth in the adoption of body-worn cameras for police officers provided by companies like Taser, Vievu, and Digital Ally. In addition, enterprise users are experimenting with applications like user experience research in retail and hospitality.”
Tractica’s report, “Wearable Cameras”, analyzes the global market for wearable cameras, providing an assessment of market drivers and barriers, technology issues, and key industry players. The study provides detailed forecasts for wearable camera shipments and revenue across application markets including sports, public safety, consumer, enterprise, industrial, and healthcare. An Executive Summary of the report is available for free download on the firm’s website.