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NEW YORK, March 22, 2022 /PRNewswire/ — The military body-worn camera market is set to grow by USD 268.49 million at a CAGR of 5.44% from 2021 to 2026, according to the latest research report from Technavio. 41% of the market’s growth will originate from APAC during the forecast period. China and India are the key markets for the military body-worn camera market in APAC. Market growth in this region will be faster than the growth of the market in other regions. Australia has been making significant investments in the market will facilitate the military body-worn camera market growth in APAC over the forecast period.
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Military Body-worn Camera Market – Scope
The military body-worn camera market covers the following areas:
- Military Body-Worn Camera Market Sizing
- Military Body-Worn Camera Market Forecast
- Military Body-Worn Camera Market Analysis
Military Body-worn Camera Market – Drivers & Challenges
The body-worn cameras to support military operations and training is one of the key drivers supporting the military body-worn camera market growth. For instance, in 2015, the British Ministry of Defence (MoD) unveiled a new uniform design for the British Army, which had a pair of specially designed smart glasses with a heads-up display, combined with a helmet-mounted camera and bone- conduction headphones. British Army trainees, who were trained at Salisbury Plain, which is the UK’s largest military training area, were spotted using body-worn cameras during their training exercises. The cameras were meant to record the soldiers’ movements, and actions as they train, and the recorded footage was then used during the post-exercise debriefing process to educate the trainees further on their activities. Thus, military body-worn cameras will enable defense forces to monitor such confrontations and help ensure safety on both sides. Such factors are driving the market growth.
However. the complications with the continuous rolling of body-worn cameras is one of the factors hindering the military body-worn camera market growth. Despite the advantages that body-worn cameras offer, it has been observed that more police personnel are exhibiting unwillingness to adopt these devices. One main reason is the loss of privacy. These cameras cannot be shut off even during lunch hours or other breaks, which can be uncomfortable for many people. With the continuous rolling of the cameras, complications might arise while storing and retrieving data. Further, there are no clear protocols on how long this data can be stored, who can view the recorded clip, and whether such clips can be released for public viewing. If any footage is released for public viewing, it may lead to negative public reaction or publicity as the clippings might contain certain confidential information, which can then affect the actual impact of and reason for recording the footage. These factors can lead negatively impact the market growth during the forecast period.
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Military Body-worn Camera Market – Segmentation Analysis
The Military Body-Worn Camera Market is segmented by End-user (Defense sector and Homeland security sector) and Geography (APAC, North America, Europe, South Americaand the Middle East and Africa).
Technavio report presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters.
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Companies Mentioned
The military body-worn camera market is fragmented and the vendors are deploying growth strategies such as the cost, quality, and reliability of body-worn cameras to compete in the market.
- Axon Enterprise Inc.
- B Cam Ltd.
- Black Mamba Protection LLC
- Defender LLC
- Digital Ally Inc.
- GoPro Inc.
- Intrensic LLC
- Martel Electronics
- Motorola Solutions Inc.
- Panasonic Corp.
- Pinnacle Response Ltd.
- Pro Vision Solutions LLC
- Reveal Media Ltd.
- Safe Fleet Acquisition Corp.
- Transcend Information Inc.
- Wolfcom
- ZEPCAM BV
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Military Body-Worn Camera Market Scope |
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Report Coverage |
Details |
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Page number |
120 |
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Base year |
2021 |
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Forecast period |
2022-2026 |
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Full story available on Benzinga.com
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