By 2020, wearable camera shipments will surpass 30 million units annually, projects market researcher Tractica — up from 5.6 million in 2014.
The firm adds that GoPro is driving momentum in sports applications but consumer, enterprise, and public safety applications are not far behind. “In many ways, wearable cameras are an extension of the smartphone camera, enabling hands-free functionality that allows users to capture both planned and spontaneous moments from unique perspectives, by using body or head mounts, or simply clipping the camera to clothing. Wearable camera adoption will be strongest in areas where there is a clear and specific use case or context in which the camera is used”
Other areas noted include consumer “lifelogging” cameras, public safety/body-worn cameras for police officers, and enterprise uses such as user experience research in retail and hospitality.
Tractica says its “Wearable Cameras” report analyzes the global market for wearable cameras, providing an assessment of market drivers and barriers, technology issues, and key industry players. The study provides detailed forecasts for wearable camera shipments and revenue across application markets including sports, public safety, consumer, enterprise, industrial, and healthcare.