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The Ultimate Guide to the Best Recording Devices of 2023

Moneymagpie Team 14th Jul 2023 No Comments

Reading Time: 5 minutes

There’s a lot you can do with a camcorder. There are also a lot of factors that go into purchasing great recording devices. The first thing you need to consider is what you want to use it for. 

For example, if you just need a simple Zoom recorder, you’re in luck. You can easily find video capture software for free without needing to buy additional hardware. 

But let’s say you want it for home movies of your family. For that, you probably want a handheld device that’s decent and portable. But if you’re trying to make a side hustle or a career as a Youtuber, you will want to spend a bit more money.

So here’s a comparison of 2023’s best video cameras. We aim to have a good camera for every type of consumer.


Top Pick: Panasonic HC-WXF991 4K Camcorder

If you want a professional-grade camcorder and the price is no concern for you, here’s an awesome splurge. The Panasonic HC-WXF991 gives you 4k HD videos and will let you edit them in-camera for displays up to 1080p. 

This camera can shoot pretty much any type of video. It has up to 20x zoom, infrared, and time-lapse capabilities. Its high dynamic range (HDR) will automatically correct for unideal shooting conditions. It has Wi-Fi connection for streaming and a 3.5 mm/1/8″ audio input port for an external mic. 

The main downside is the cost. This is by no means a cheap camera. This is for people who want to create film-quality digital videos.

Wi-Fi connection

Can do almost anything
Software and accessories included


Best Family Cam: Sony HDRCX405 Handycam

For making personal videos, you just need something easy to operate. The Handycam is exactly that. It’s one of the closest things to a VCR camera that you can find.

It’s programmed to automatically detect faces and pick up voices. This way, you can capture all those magic family moments. Once you’re done shooting, the camera can automatically generate an MP4 highlight reel. 

While it’s good at picking up voices, there is no place for an external mic. This 

is meant for low-production value videos, so it doesn’t have many multimedia functions. We recommend this for people who just want a classic home camcorder.

Image stabilization
Face detection
Automatic voice enhancement

Easy to use
Ideal for personal recordings

No external microphone input

Best Wearable Camera: AKASO EK7000 Pro 4K Action Camera

The best way to describe this is “a GoPro, but cheaper.” It’s a small camera that can record 4k/30fps videos. It also has enhanced Electronic Image Stabilization (EIS). No matter what kind of crazy stunt you pull, the AKASO EK7000 can give you an amazing video of it.

The adjustable view angle lets you capture video of many different aspect ratios. A lot of people like to use the wide-angle feature to capture everything and then resize the video to focus on the real action. This camera can go underwater, but it cannot record sound while it’s in underwater mode. 

Overall, audio quality is where this camera falls short. We recommend this for anyone who wants to take their camera anywhere but doesn’t necessarily care about the sound. 

Wifi connectivity
Adjustable view angle

Relatively inexpensive
Built to be taken anywhere
Easy to get a lot of different shots

Cannot record sound in waterproof mode

Best Recorder For Musicians: Zoom Q2N-4K

Some people mainly look for good sound quality in a camera. The Zoom Q2N-4K gives you amazing audio with no additional equipment. 

That isn’t to say the video is sub-par. It can shoot 4K/30p high definition videos with a wide angle lens. This makes it great at recording performances. If you are trying to get your band’s songs heard all over the world, this camera will do the trick. It’s also great for recording interviews and streaming. 

The only thing we don’t love is the battery doesn’t last very long. Most people who use it recommend having an AC adapter on hand. This is a good camera for people who need to be heard well, but don’t want to spend thousands. 

Built-in mic for excellent audio recording
Wide angle lens
Wifi connectivity 

Amazing audio
Pre-set light scenes make recording live shows easy
Perfect for musicians, event videographers, and online teachers

Battery life isn’t great

Best Supplementary Camera: Atomos Ninja V

Already got a great camera, but want another? The Ninja V is small but mighty. Atomos works closely with other camera manufacturers to design cameras that will work alongside other cameras. 

This offers a choice of industry-standard recording formats. It has a lot of advantages with its HDR monitoring and RAW recording. It’s pretty easy to use with its touchscreen controls. It will easily boost your production value without having to drop another thousand quid to buy a new camera. 

We love this camera, but it’s not for beginners. This is made for established professionals who already have the equipment they want to keep using. It’s not ideal for people looking to start a video career. 

Compact design
HDR monitoring
Touchscreen controls

Works great with other cameras
Records in several professional formats
Easily mounted anywhere

Too complex for an amateur

Best Audio Recording Accessory: Zoom H1N

For those who already have a  good camera but just want to improve things, a nice microphone can make your videos a lot better. We love this for two reasons: it’s compact, and it’s super easy to use. 

This microphone can auto-record, pre-record, and self-time. This means you will not miss any magic music moments. 

The main downside here is obvious. It’s not a camera. It is a camera accessory. If you want something more all-in-one, we recommend the Zoom Q2N-4K.

Compact design
2 stereo condenser mics
Sonically transparent mic shield

Great for beginners
Easily boosts the production value of the camera you already have
Easy one-touch recording and playback

No video 

We hope you find this review of 2023’s best recording devices helpful. Let this be a year of amazing videos!



Ron Stefanski is a college professor who became a successful online business owner. He has helped hundreds of thousands of people create and market their own online businesses, and now shares his knowledge and experience through his website OneHourProfessor.com and empowers others to start their own business journey.


Disclaimer: MoneyMagpie is not a licensed financial advisor and therefore information found here including opinions, commentary, suggestions or strategies are for informational, entertainment or educational purposes only. This should not be considered as financial advice. Anyone thinking of investing should conduct their own due diligence.

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Jasmine Birtles

Your money-making expert. Financial journalist, TV and radio personality.

Jasmine Birtles

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