Global Military Body-worn Camera Market: Snapshot
Body worn cameras are video recording systems that are typically used by military and law and order personnel to record communications of the general population or collect video confirmations at various circumstances. These are the closed circuit TV that contain a camera, an amplifier and an inward information stockpiling enabling the video and sound to be broken down and put away with good programming. The size of the cameras are small.
The market for military body worn camera is benefitting from the rising need for accountability and transparency in police conduct. Apart from that, their use in supporting military training and operations is also driving demand. Posing a challenge to their sales, on the other hand, is the high cost of body worn cameras. As a result the products have not been able to make much headway in sales in developing regions of the world.
The market for global military body-worn camera is highly competitive on account of the presence of a copious number of multinational and local players. The multinational players account for a dominant share in the market due to their wide-ranging product portfolio.
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With varied emerging needs in the defense and security sector, the market is seeing healthy demand in more sophisticated products outfitted with cutting-edge technology. Sensing an opportunity in this, keen players in the market are seen expending time and money on product development.
Body worn cameras are the video recording system that are usually utilized by the law enforcement and military personnel to record interactions with the public or to accumulate video evidences at different situations. These are the closed circuit television that comprises of a camera, a microphone and an internal data storage allowing the video and audio to be analyzed and stored with compatible software. These cameras are small in size and are clipped on the uniform, glass integrated, button pinhole, mounted on the helmet, and clipped on the holster depending on the mission type that is undertaken.
Auto recording body worn cameras are cameras with several storing and data sharing facilities and these cameras are integrated into eyewear which is an important trend in the global military body worn camera market. Cameras integrated into eyewear is an important trend in this market since they are much convenient and are not visible to other persons.
The military body worn camera market is primarily driven by the increasing need for accountability and transparency of the police conduct. Another important driver in this market is that it supports military training and operations. Use of body worn cameras by security guards and transit security is also bolstering the demand of military body worn cameras in the global market during the forecast period.
High cost of these body worn cameras is one of the most important factors setting back the growth of military body worn cameras in the global market. Due to this factor, penetration of this product is less globally, especially in the developing regions. Another important restraining factor in this market is the continuous operation of these cameras leads to wear out of the product quickly which is unfavorable for the market growth.
The military body worn camera market is bifurcated based on end user into defense sector and homeland security sector. The homeland security market accounted for the highest market revenue share in 2016 and is likely to continue to lead the market during the forecast period. The homeland security consists of law enforcement agencies such as crime investigators, traffic police, security officers, guards, city police force and intelligence gathering departments. These departments work with the police department on a regular basis and are essential to gather and safeguard evidence to support claims. Additionally, numerous law enforcement agencies across the globe have been taking initiatives to reinforce public confidence in police forces and to increase the communication between the public and police that is likely to head to the increased acceptance of military body-worn camera over the next couple of years. Based on components, the market is bifurcated into cameras, sensors, microphones, battery, and data storage among others.
The geographical split of the market comprises of North America, Asia Pacific, Europe, Middle East and Africa and Latin America. North America held the highest market revenue share followed by Europe and Asia Pacific.
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The global military body-worn camera market is very competitive with the existence of numerous regional and multinational players. The multinational players proposes heterogeneous services and products like tailored products according to the necessity of clients and the nature of duties. With varying requirements in the defense and security sector, the market is experiencing a growing demand for newer technologies and products. The consequent increase in security needs and the growing global urban population is likely to have a positive influence on the progress of the market in the coming years. The vendors are likely to register a significant increase in the demand for their services and products.
Some of the major players in the global military body worn camera market are Digital Ally, VIEVU, GoPro,Wolfcom, B-Cam, TASER International, Black Mamba Protection, Martel Electronics BODYCAM, and Reveal Media among others.
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