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According to a latest research report titled “Game Camera Market to 2027–COVID-19 Impact and Forecast and Global Analysis,” published by The Insight Partners, the global game camera market was valued at US$ 89.41 million in 2019, and it is expected to grow at a CAGR of 5.0% during 2020–2027 to reach US$ 130.34 million by 2027.
APAC Game Camera Market to Grow at Highest CAGR during Forecast Period
The game camera market in APAC comprises countries such as China, India, Japan, Australia, South Korea, and the Rest of APAC. The huge population in the region has led to high demand for residential and commercial construction activities. APAC comprises several developing economies—such as China and India, along with many Southeast Asian countries—that generate robust demands for infrastructure projects. The rising population of these countries is the main driver for the construction industry in the region. Further, the governments of various economies are taking several measures for attracting private investments in construction and infrastructure development, which would boost the demand for deploying game cameras for security purposes during the forecast period. Presently, in the region, security is a huge concern due to rising thefts. Thus, household surveillance has become crucial. The best possible way to maintain control over the home or any commercial building is by deploying a game camera for security. The advantages of advanced game cameras for security are likely to positively influence the market in the coming years.
Key Findings of the Study
Wildlife photography in various regions, especially in North America and Europe, has emerged as one of the major career options, where game cameras are widely used. Professional photographers across the world have ventured into the wildlife photography field. Wildlife photography is a flourishing field and is creating massive demand for game cameras since wildlife researchers highly depend on game cameras as a feasible census tool to capture images for use in making evidence-based decisions. The use of game cameras to capture images of wild animals has become a trend. This is a significant factor responsible for the growth of the global game camera market. Game cameras are also widely used for nest monitoring for different kinds of bird species. Researchers in Texas, US have been using motion-sensing game cameras to monitor bird nests. The device enables researchers to monitor bird behavior, nest success rates, and the predator community.
Government agencies are highly procuring game cameras to monitor animals in the wildlife to allow citizens to help identify and classify animals they see during outdoor adventures. For instance, the state of Wisconsin collaborated with the National Aeronautics and Space Administration and the University of Wisconsin to identify Wisconsin’s wildlife populations with the deployment of 5,000 game cameras. The game camera monitoring enabled comparisons among wildlife populations and allowed tracking changes in population. Thus, game cameras are becoming a crucial tool for wildlife photography, research, and the study of animal behavior. The rising wildlife research projects and increasing interest of the masses in exploring the animal kingdom drive market growth worldwide.
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