According to the forecast Tractica, in five years, shipments of wearable cameras reached 24 million units per year
Wearable camera quickly found recognition among fans of extreme sports. In addition, they are included in the equipment of law enforcement officers and used in other areas. According to analysts of the company Tractica, the popularity of wearable cameras in the coming years will grow. If last year was shipped 7.4 million of such devices, in 2021, the volume of deliveries will increase to 24.0 million shares. In monetary terms the market will grow to 3.4 billion dollars.
The interest in cameras from the fans of extreme sports and other types of physical activity will continue to be the main driving force of market growth.
Experts ‘ forecasts say that the market enters a phase of uncertainty. The company GoPro, who held a leading position, lose his position, so in its place could come a new leader. Suitable candidates there are among Chinese companies, for example, the company Xiaomi, rapidly increasing sales. Its products attract consumers with the best ratio of price and features.