Wearable cameras next boom market

Global SourcesUpdated on 2023/12/01

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Annual shipments of wearable cameras will surpass 30 million units by 2020, according to market research firm, Tractica.

Wearable cameras are expected to become even more popular over the next few years
(Image Source: Chicony Electronics Co. Ltd)

GoPro rugged and water-resistant cameras for sports applications are leading the field at present but general consumer, enterprise and public safety applications are not far behind and will drive strong growth in the second half of this decade, Tractica claims.

Wearable cameras are a logical extension of the smartphone camera, enabling handsfree functionality that allows users to capture both planned and spontaneous moments by using body or head mounts, or by clipping the camera to clothing.

The market for wearable cameras is in an early stage and experiencing rapid growth as the use cases for the product category expand. Tractica forecasts that wearable camera shipments will increase from 5.6 million in 2014 to 30.6 million units annually by 2020. That is equivalent to a compound annual growth rate or CAGR over the period of about 32 percent.

This story was originally published on EE Times. To read the rest of the article, click here.

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Wearable cameras next boom market

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