LONDON--(BUSINESS WIRE)--Global procurement intelligence advisory firm, SpendEdge, has announced the release of their ‘Wearable Camera Packaging Market Procurement Research Report.’ This report breaks down the data and analysis behind the procurement of Wearable Camera packaging and acts as an all-inclusive guide to enable smarter procurement. Our reports from the information technology category, analyzes the market for both the buyers’ and suppliers’ perspective. It also offers buyers with information on the current market developments and the procurement pain points, which will affect the growth of the market.
“In the wearable camera market, engaging with suppliers who have the capabilities to enhance their spend on R&D to design products with enhanced durability is one of the procurement best practices,” says SpendEdge procurement analyst Bhuvaneshwari Udayakumar. “As adventure tourism industry is considered as one of the prominent end-user segments, the rise in adventure tourism will drive the overall category spend,” added Bhuvaneshwari.
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Procurement experts at SpendEdge expect the following factors to play a key role in influencing the global category spend for Wearable Camera packaging.
- The increasing spend from the end-user industries across North America and Europe
- The growth of value-added features such as instant media sharing
- Advances in technologies in the wearable camera segment
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Wearable Camera packaging supply market analysis
An analysis of the supply market for wearable camera packaging also shows that the suppliers who offer innovation and upgrades will influence the buyers category spend. Such suppliers can help the buyers gain more features in the products procured.
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Category management strategies for Wearable Camera packaging
The suppliers in the market should be vertically integrated with electronic components to offer more reliable services to the buyers. This helps the buyers maximize their cost savings by curtailing their procurement spend.
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