Wearable Camera Market Size, Share, Growth Analysis, By Type(Head Mount, Body Mount), By Application(Sports & Adventure, Security) - Industry Forecast 2024-2031

Wearable Camera Market size was valued at USD 4 billion in 2019 and is poised to grow from USD 4.73 billion in 2023 to USD 18.03 billion by 2031, growing at a CAGR of 18.2% in the forecast period (2024-2031).

A wearable camera is a camera that can be worn as an extension or as part of a costume to record media in the first person. A wearable camera has multiple sensors such as a microphone, inertial measurement units, and an imager, making it a viable alternative to cameras operated by another person for recording media. Because of their ease of use and portability, wearable cameras have found widespread application in a variety of industries such as sports/fitness, crime control, healthcare, and so on.

Furthermore, recent advances in lifelogging, primarily due to the rapid development of wearable cameras, have enabled us to continuously capture moments from our lifestyles from a first-person perspective. Extraction and re-experimentation of moments illustrated by autobiographic images are of specific interest for boosting episodic memory in patients with neurodegenerative diseases such as Alzheimer's, mild cognitive impairment, and so on. The wearable camera Wearable Camera Market includes a variety of products that can be mounted on the head, body, or ear. Among these, head mount wearable cameras have gained enormous popularity among global users, owing to large applications in outdoor activities, such as underwater recording.

Along with that, the travel and tourism industry and the sports industry made significant strides, providing a strong impetus to the wearable cameras market. Wearable cameras have gained traction among broadcasting studios for live streaming of sporting events from the various vantage points of the players on the field, fueling the evolution of the wearable cameras market. While wearable cameras are more commonly used in industries such as sports and entertainment, they are also increasingly being used by law enforcement officers to record footage while in danger zones, which can then be used to strategize and plan specific events, among other applications. As a result of increased applications and technological advancements in wearable cameras, the market is expected to grow exponentially in the coming years.

US Wearable Camera Market is poised to grow at a sustainable CAGR for the next forecast year.