Dashboard Camera Market Size Worth $11,651.72 Million By 2032 | CAGR: 12.9%

The global dashboard camera market size is expected to reach USD 11,651.72 million by 2032, according to a new study by Polaris Market Research. The report “Dashboard Camera Market Size, Share, Trends, Industry Analysis Report: By Technology (Basic, Advanced, and Smart), Product, Video Quality, Application, and Region (North America, Europe, Asia Pacific, Middle East & Africa, and Latin America) – Market Forecast, 2024–2032.” gives a detailed insight into current market dynamics and provides analysis on future market growth.

The demand for dashboard cameras is rising across the world due to increased awareness of road safety, need for enhanced vehicle protection, and advancements in technology. Dashboard cameras, or dashcams, provide valuable visual evidence in the event of accidents, thefts, and disputes, thereby propelling their appeal among consumers and fleet operators.

Companies operating in the dashboard camera market are adopting various initiatives to expand their market presence. Manufacturers are integrating advanced features such as high-definition recording, multiple lenses for comprehensive coverage, GPS tracking, and AI-based functionalities into their products. For instance, in October 2023, Qubo, owned by Hero Electronix, launched GPS trackers and new dashcams featuring AI accident detection and Full HD recording. These advancements drive market growth by enhancing the safety, security, and overall functionality of dashboard cameras.

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Governments and regulatory bodies are playing a crucial role in driving the dashboard camera market growth. In North America, the increasing incidence of vehicle theft and accidents is encouraging the adoption of dashcams for enhanced security and fraud prevention. The US insurance industry actively supports dashcam usage, offering discounts and promoting their benefits to reduce fraudulent claims. Similarly, European countries are developing regulatory frameworks that support or restrict dashcam use. For instance, Germany has recognized dashcam footage as admissible evidence in court, while other countries, such as Portugal and Austria, have stringent regulations. 

Dashboard Camera Market Report Highlights

• Based on technology, the advanced segment dominated the dashboard camera market in 2023. Advanced dashboard cameras offer high-definition recording, multiple lenses, GPS, and driver assistance features, offering superior safety and functionality, leading to their higher demand.
• By product, the 1-channel segment is expected to register the highest CAGR due to its affordability and ease of use, favored by individual drivers and small fleets.
• Europe led the global dashboard camera market in 2023 due to manufacturers' expansion strategies, increased road safety awareness, and supportive legal frameworks, boosting consumer adoption and market growth.
• A few global key market players are ABEO Technology CO., Ltd; Amcrest Industries LLC; CameraMatics; Campark Electronics; CNSLink Ltd.; Cobra Electronics Corporation; CP PLUS International; DDPAI; DOD Tech; FalconEye Electronics; FINEDIGITAL INC.; Firstech, LLC; Garmin Ltd.; Geotab Inc.; Hangzhou Hikvision Digital Technology Co., Ltd.; Hero Electronix; Hewlett Packard Enterprise Development LP; INNOVV; IROAD MOBILITY Co., Ltd.; JVCKENWOOD Corporation; KENT Cam Technologies; Linxup; MiTAC Holdings Corp.; Motive Technologies, Inc.; Nexar; Nextbase; Panasonic Holding Corporation; Pittasoft Co. Ltd.; Powerology; Qrontech Co., Ltd.; Radius Telematics; Rosco, Inc.; Samsara Inc.; Shenzhen Jimi IoT Co., Ltd.; Shenzhen Zhixingsheng Electronics Co., Ltd.; STONKAM CO., LTD.; THINKWARE; Truckx.com; Verizon; VIOFO LTD.

Polaris Market Research has segmented the dashboard camera market report on the basis of technology, product, video quality, application, and region:

By Technology Outlook (Revenue – USD Million, 2019–2032)

• Basic
• Advanced
• Smart

By Product Outlook (Revenue – USD Million, 2019–2032)

• 1-Channel
• 2-Channel
• Rear View

By Video Quality Outlook (Revenue – USD Million, 2019–2032)

• Standard Definition & High Definition (SD & HD)
• Full HD & 4K

By Application Outlook (Revenue – USD Million, 2019–2032)

• Commercial Vehicles
• Personal Vehicles

By Regional Outlook (Revenue – USD Million, 2019–2032)

• North America

• US
• Canada

• Europe

• Germany
• UK
• France
• Italy
• Spain
• Russia
• Netherlands
• Rest of Europe

• Asia Pacific

• China
• India
• Japan
• Malaysia
• Indonesia
• South Korea
• Thailand
• Vietnam
• Taiwan
• Philippines
• Singapore
• Australia
• Rest of Asia Pacific

• Latin America

• Argentina
• Brazil
• Mexico
• Rest of Latin America

• Middle East & Africa

• UAE
• Saudi Arabia
• Israel
• South Africa
• Rest of Middle East & Africa

Dashboard Camera Report Scope