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Body Worn Camera Market size is set to grow by USD 1.25 million from 2024-2028, High demand for adventure tourism to boost the market growth, Technavio

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NEW YORK, July 4, 2024 /PRNewswire/ — The global body worn camera market  size is estimated to grow by USD 1.25 billion from 2024-2028, according to Technavio. The market is estimated to grow at a CAGR of  21.49%  during the forecast period.  High demand for adventure tourism is driving market growth, with a trend towards developments in global body worn camera market. However, growing market for counterfeit products  poses a challenge. Key market players include Arashi Vision Co. Ltd., Axon Enterprise Inc., Cohu Inc., Diamante, Getac Technology Corp., GoPro Inc., LensLock Inc., Mangal Security Products, Motorola Solutions Inc., Panasonic Holdings Corp., Pinnacle Response Ltd., Pro Vision Solutions LLC, Safe Fleet Acquisition Corp., Safety Vision LLC, Sentinel Camera Systems LLC, Shenzhen QOHO Electronics Co. Ltd., StuntCams LLC, Utility Inc., Veho, and VeriPic Inc..

Get a detailed analysis on regions, market segments, customer landscape, and companies – Click for the snapshot of this report

Forecast period

2024-2028

Base Year

2023

Historic Data

2018 – 2022

Segment Covered

Type (Recording and live streaming and Recording), Distribution Channel (Offline and Online), and Geography (North America, Europe, APAC, South America, and Middle East and Africa)

Region Covered

North America, Europe, APAC, South America, and Middle East and Africa

Key companies profiled

Arashi Vision Co. Ltd., Axon Enterprise Inc., Cohu Inc., Diamante, Getac Technology Corp., GoPro Inc., LensLock Inc., Mangal Security Products, Motorola Solutions Inc., Panasonic Holdings Corp., Pinnacle Response Ltd., Pro Vision Solutions LLC, Safe Fleet Acquisition Corp., Safety Vision LLC, Sentinel Camera Systems LLC, Shenzhen QOHO Electronics Co. Ltd., StuntCams LLC, Utility Inc., Veho, and VeriPic Inc.

Key Market Trends Fueling Growth

The body-worn camera market is experiencing significant growth with notable developments. In May 2021, Wilmington’s Mayor and Police Chief implemented a Body-Worn Camera program for transparency and accountability. Panasonic i-PRO introduced their Arbitrator camera, which connects to their management software for ease of use. In August 2020, Los Angeles County Sheriff’s Department agreed to deploy body-worn cameras from Axon Enterprise Inc. These implementations underscore the market’s positive trajectory during the forecast period. 

The Body Worn Camera market is experiencing significant growth with technology companies and law enforcement agencies adopting this technology at an increasing rate. Cameras are used for recording videos and audio during interactions between law enforcement and the public. Key features include documenting incidents, improving transparency, and enhancing safety. Technologies such as video analytics, live streaming, and cloud storage are trending in this market. Additionally, body cameras come with various mounting options, making them versatile for different use cases. The use of body cameras is becoming a standard practice in many industries, including healthcare, education, and security services. The demand for body cameras is expected to continue due to their benefits in enhancing accountability and promoting community trust. 

Research report provides comprehensive data on impact of trend. For more details- Download a Sample Report

Market Challenges

•         The global body-worn camera market faces challenges from the proliferation of counterfeit wearables and electronic devices. Major brands like Apple, Samsung Electronics, Fitbit, and Xiaomi are affected, with smartwatches and smart bands being the most counterfeited products. Manufactured primarily in APAC due to low labor costs and existing counterfeit markets, these fake products lure customers with lower prices, hindering the growth of the body-worn camera market.

•         The Body Worn Camera market faces several challenges. Data storage and transmission are key concerns, requiring significant capacity and secure technology. Compliance with regulations, such as data retention and privacy policies, is essential. Integration with other systems, like dispatch and evidence management, can be complex. Cost-effectiveness is important, as is ensuring cameras are used properly and consistently. Militancy and public resistance to their use can also pose challenges. Micropixels, resolution, and video quality are factors impacting image clarity. Recording and transcribing audio accurately is another challenge. Criminals adapting to the technology and potential misuse are ongoing concerns. Documenting policies and procedures for their use is crucial. Training personnel on proper usage and maintaining equipment is vital.

For more insights on driver and challenges – Download a Sample Report

Segment Overview 

This body worn camera market report extensively covers market segmentation by

Type 1.1 Recording and live streaming1.2 RecordingDistribution Channel2.1 Offline2.2 OnlineGeography 3.1 North America3.2 Europe3.3 APAC3.4 South America3.5 Middle East and Africa

1.1 Recording and live streaming-  Body-worn cameras have gained significant traction in various industries due to their capabilities in recording and live streaming. These devices offer up to 8 hours of live streaming, 12 hours of video recording, and 22 hours of standby time. The demand for body-worn cameras is driven by the need for transparency and increased security. The global market for body-worn cameras is thriving, fueled by growing Internet and smartphone penetration. Live streaming services are increasingly popular due to their interactivity and accessibility. Advanced technologies and the rise of smart TVs are further boosting the recording and live streaming segment of this market.

For more information on market segmentation with geographical analysis including forecast (2024-2028) and historic data (2018 – 2022)  – Download a Sample Report

Research Analysis

The Body Worn Camera market encompasses innovative wearable technology that integrates camera and audio capabilities for recording purposes. This technology is gaining popularity in various sectors such as adventurous sports, military, healthcare, transportation, and law enforcement. Body Worn Cameras enable real-time audio and visual documentation, ensuring accountability and transparency. However, privacy concerns and data management are significant challenges in this market. Efficient battery life and physical restrictions are crucial factors in the design of these devices. Docking station cameras and streaming cameras are alternative solutions to address battery life concerns. Hybrid cameras offer a combination of features, including body-worn and dashcam functionality. Regardless, the integration of microphone and camera technology continues to revolutionize documentation processes across diverse industries.

Market Research Overview

The Body Worn Camera market refers to the sales and distribution of miniature cameras worn by law enforcement officers, security personnel, and other professionals. These devices record audio and video footage to ensure transparency and accountability in various sectors. Technologies such as real-time streaming, video analytics, and cloud storage are driving the growth of this market. The adoption of body-worn cameras is increasing due to their ability to provide evidence in case of misconduct or criminal activity. Additionally, governments and organizations are investing in this technology to enhance public safety and security. The market for body-worn cameras is expected to grow significantly in the coming years due to the increasing demand for transparency and accountability.

Table of Contents:

1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation

TypeRecording And Live StreamingRecordingDistribution ChannelOfflineOnlineGeographyNorth AmericaEuropeAPACSouth AmericaMiddle East And Africa

7 Customer Landscape
8 Geographic Landscape
9 Drivers, Challenges, and Trends
10 Company Landscape
11 Company Analysis
12 Appendix

About Technavio

Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions.

With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

Contacts

Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: media@technavio.com
Website: www.technavio.com/

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SOURCE Technavio

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Youth Power: Foreign Youth Embrace China’s Economic Prospects

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BEIJING, July 13, 2024 /PRNewswire/ — In the latest episode of China Daily’s Youth Power, which aired on June 30, Jan Kerekes, a Canadian who has lived in South China’s Hainan province for six years, shared what led him to settle down here.

Hainan is really opening up. The whole world comes here, and you see the opportunities right in front of you,” Kerekes said. “It is a place where you can pursue your dreams.”

Now a teacher at Hainan University, Andreev Aleksei, a 30-year-old Russian, found Kerekes’s story particularly resonant.

“When I went back to my country, I missed the island so much that I had to come back,” Aleksei said. “Hainan not only hosts the Boao Forum for Asia but it is also the best place for windsurfing and parachuting.”

To encourage international talent to come, Hainan has introduced 16 measures to streamline living and working conditions for foreigners.

For example, Aleksei mentioned that Hainan offers numerous benefits and advantageous policies to assist global talents in establishing businesses in the region.

“[The application process] takes just three days, and it can be completed entirely online, even for foreigners,” he said.

The young guests visited the Haikou Municipal Government Service Center to learn more about these measures. There, they met people from around the world with different needs — whether for visas, education, or business.

“I think it’s a testament to the inclusivity of the entire province,” said Jood Ghazwan Sharaf, a 27-year-old Bulgarian student at Tsinghua University.

Dylan Walker, 27, from the United States, was impressed by the efficiency of the “one window for all” system.

“It’s like a one-stop service,” he said. “You don’t have to run all over the place.”

In addition to aiding tourists and residents in their daily lives and business activities, Hainan has made significant economic progress.

One notable example is the Yangpu Economic Development Zone, which has evolved from a small port into Hainan’s largest international port.

In the zone, the young guests explored the Yangpu Offshore Wind Power Industrial Park, where they discovered Hainan’s commitment to developing its marine economy and striving for a harmonious coexistence with the ocean.

According to Lin Qingsong, the park’s general manager, while Hainan’s wind power utilization is still in its early stages, this project stands out as a pioneering model for future large-scale offshore wind power initiatives.

“We can see that China is not an economy that goes within itself. It goes outward to benefit the rest of humanity,” Sharaf said, impressed by China’s innovative economic experiments.

As a global resident of Hainan, Aleksei believes that this island is not only a dynamic free trade model but also a natural paradise that strikes a balance between work and leisure.

“This is quite a unique place in China,” Aleksei said. “No matter what purpose brings you here, whether it’s tourism, starting a business, or work, just come here, and you will fall in love with it.”

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SOURCE 21st Century English Education Media

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Unimoni Student Stars 2024 – Scholarship & Rewards Program Launched: Study Abroad with ₹12 Lakhs Scholarship

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KOCHI, India, July 13, 2024 /PRNewswire/ — Unimoni, a leading provider of international money transfer services, is thrilled to announce the launch of its highly anticipated Unimoni Student Stars 2024 scholarship program. This year, the program offers a staggering ₹12 lakhs in scholarships and prizes, empowering ambitious Indian students to pursue their educational dreams abroad.

Unimoni Student Stars 2023 proved to be a monumental success, underscoring Unimoni’s commitment to nurturing India’s brightest talents pursuing international education. The program garnered widespread acclaim for its inclusive approach and impactful support of deserving students nationwide.

Building on last year’s initiative’s resounding achievements, which supported numerous talented students in pursuing overseas education dreams, Unimoni aims to elevate its impact further in 2024. The Unimoni Student Stars 2024 scholarship program launched with increased prize offerings, expanded eligibility criteria, and enhanced participant engagement initiatives planned. The company is poised to attract an even broader pool of exceptional candidates.

Beyond the Mega Scholarships: Exciting Rewards Throughout the Year

The Unimoni Student Stars 2024 scholarship program offers a tiered prize structure. The grand prize winner receives a life-changing scholarship of ₹5 lakhs. Additionally, one student will be awarded a second prize of ₹2 lakhs and three deserving students will receive scholarships worth ₹1 lakh each. Every quarter during the application period, lucky applicants will have the chance to win a new laptop. Every month, registered students can win a stylish trolley bag, perfect for their international studies. Plus, every participant secures a coveted free study abroad forex card.

Brace yourselves for a journey of triumph and rewards with Unimoni Student Stars 2024.

Eligibility Criteria

The Unimoni Student Stars 2024 scholarship program is open to Indian students either pursuing higher education abroad or planning to do so. To be eligible, candidates must register on the Unimoni or Remit Forex website with relevant details by March 31, 2025. Eligibility criteria include securing 60% or more in 10+2/diploma or graduation from institutions recognized by CBSE/ICSE/UGC/State/Central government. Candidates must also possess a valid offer letter from a foreign university. Indian students studying overseas are eligible but must update their university details during registration.

The registration process is straightforward

The application process is designed to be simple and convenient. Students can register online at the Unimoni website or the Remitforex website. Or scan QR codes from advertisements or social media links and complete a dedicated registration landing page. Candidates must accept the terms and conditions after entering personal and educational details and confirming eligibility. Subscribing to Unimoni or Remit Forex’s social media pages is encouraged, and additional referral benefits are available.

The Application Window Opens July 1, 2024

Register for Unimoni Student Stars 2024

Embark confidently on the study abroad journey by joining the Unimoni Student Stars 2024 program. Register now to unlock exclusive benefits and services tailored to support every international education dreams. From seamless outward remittance solutions to expert guidance on financial transactions, Unimoni ensures everyone’s study abroad experience is smooth and stress-free.

Follow Unimoni on social media for updates on the Unimoni Student Stars 2024 scholarship program and other exciting initiatives.

Don’t miss out – seize this opportunity to realize global ambitions with Unimoni. Please register today and let Unimoni empower candidates on their educational journey abroad.

To begin the registration process, please visit https://cutt.ly/xehwoWCk  

About Unimoni & Their Customized Services to Meet Everyone’s Needs

Committed to facilitating global education opportunities, Unimoni empowers students to achieve their academic dreams abroad and promotes its services to aspiring students.

Whether you’re remitting funds for tuition fees or living expenses, Unimoni ensures secure and streamlined outward remittance services. Unimoni’s competitive rates and efficient exchange services also make navigating currency exchanges seamless. Our exclusive study abroad forex card offers convenience and security, facilitating hassle-free financial transactions wherever you are. If you need assistance with Guaranteed Investment Certificates (GICs), Blocked Accounts, or Foreign Telegraphic Transfers (FTS), Unimoni provides expert guidance and support.

Unimoni facilitates effortless payments for university fees, hostel charges, and other expenses abroad, ensuring timely transactions to support your academic journey. Unimoni offers comprehensive health insurance plans, flexible and competitive overseas education loan options, and suitable student accommodation to ensure a smooth transition to your new academic environment. You need not worry about visa procurement, passport assistance, flight bookings, and pre-departure orientation!

Unimoni Financial Services Ltd
Web: https://www.unimoni.in / https://remitforex.com  
Email: care@remitforex.com  
Contact : +918129922232

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Faith In Young Champions: Hisense Partners with UEFA Foundation to Bring the Beautiful Game to Hospitalized Children

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QINGDAO, China, July 12, 2024 /PRNewswire/ — During the EURO 2024 tournament, the global home appliance and consumer electronics brand Hisense and the UEFA Foundation jointly launched “Faith In Young Champions,” a public welfare initiative. Innovative robots powered by Hisense enabled hospitalized children from 22 countries to virtually connect with 23 EURO 2024 matches, fulfilling their dreams of attending the event despite physical limitations.

During these periods, children can employ the robot to gain entry into exclusive areas, such as the warm-up zone, locker room or VIP section, directing interaction with their beloved players or teams, so that every football-loving soul can express the purest passion of live football in this way.

As part of its commitment to improving the lives of children, Hisense wants to leverage user-centric technology and social responsibility worldwide. For this remarkable occasion, Hisense supported state-of-the-art commercial products like interactive displays to a hospital in South Africa, and the children had the enriching opportunity to learn how this technology works through interactive activities with the help of volunteers. Also, hospital can use that in their daily office, meeting or discussion, making their working processes more electronic and convenient. 

“We gladly accept the digital board and it will go a very long way to share ideas and brain storm with the directors, doctors and management teams of the hospital, this digital version will make life so much easier.” According to the manager of hospital.

UEFA Foundation was founded in 2015 as a charitable organization governed under Swiss law, with a long-standing philosophy that aligns with the concepts of youth care and social responsibility of Hisense. During the EURO 2024 tournaments, fans also noticed “BECAUSE EVERY CHILD IS A CHAMPION” slogan on the LED board at the pitch side, which perfectly coincides with the “Faith In Young Champions” proposal called upon by Hisense this year, also making the collaboration more possible.

Carine Nkoue, General Secretary of the UEFA Foundation, said, “Football is not only the number one sport in the world but is also a great platform to create solidarity projects for those in need. I would like to encourage all of you to join the activities of the UEFA Foundation for children and become a supporter of this global initiative. With Hisense’s support and the solidarity of the European football family, we can achieve even more.”

Engaging in charitable endeavors and fulfilling corporate social responsibility has long been a cornerstone of Hisense’s corporate culture. The company has proactively allocated resources towards public welfare initiatives with the concept of helping everyone enjoy every moment of life with user-centric technology.

Thanks to its global presence in the diversity industries, Hisense is empowered to take on a broad range of social responsibilities to enhance healthcare and education standards worldwide. Hisense exports ultrasound and other equipment to over 20 countries in Asia, Central and Eastern Africa, and Europe to meet a diverse range of those in needs. Hisense’s commercial display products have also gained market traction in over 40 countries, including Europe, the United States, and the Asia-Pacific region.

For many years, Hisense has actively participated in public welfare activities initiated by world-class sports events. The collaboration this time is a spiritual inspiration to upgrade the CSR campaign from product sponsorship to beyond time and space.

Looking ahead, Hisense and UEFA Foundation will keep working to advance their philanthropic efforts and provide greater benefits to various regions around the world by leveraging their respective resources. 

About Hisense
Hisense is a leading global home appliance and consumer electronics brand. Hisense’s business covers multimedia products (with a focus on Smart TVs), home appliances, and IT intelligent information. Hisense ranked No. 2 globally for TV shipments and No. 1 in 100″ TVs in both 2023 and Q1 2024, and now operates in more than 160 countries.

 

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SOURCE Hisense Group

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