Market Share of Wearable And Body-worn Cameras Industry
The wearable and body-worn cameras market is highly competitive due to many small and large players supplying their products in domestic and international markets. The market appears fragmented, with significant players adopting strategies like product innovation and mergers and acquisitions to extend their reach and stay ahead of the competition.
In May 2023, Motorola Solutions launched a new body camera called the V700. It can connect to the internet and help keep people safe. It works with other devices like radios and sensors to give a clear picture of what happens during an emergency. If a police officer falls or gets hurt, the V700 will start recording so that other people can help them immediately.
In January 2023, Hytera Communications, a company that makes unique cameras that people can wear on their bodies. They made a new camera called the GC550 2K Mini Body Camera. This camera is made to be comfortable to wear, and it helps police officers and security guards keep everyone safe and ensure everyone is doing their job correctly. The small and light GC550 camera can record everything that happens in a very wide area.
In July 2022, Digital Ally Inc. received an order for 176 FirstVuPro body cameras from the Kansas Department of Wildlife and Parks. The body cams were to be used by law enforcement personnel around the state.
Body Worn Camera Market Leaders
-
Axon Enterprise, Inc.
-
GoPro, Inc.
-
Garmin Ltd
-
Sony Corporation
-
Xiaomi Inc.
*Disclaimer: Major Players sorted in no particular order
