Dashboard Camera Market Size, Share, By Technology (Basic and Advanced), By Product Type (Single-Lens and Multi Lens), By Vehicle Type (Passenger Cars and Commercial Cars), and By Region – Market Trends, Analysis and Forecast till 2034

Dashboard Camera Market Size was valued at USD 5.17 Billion in 2024 and is projected to grow at a CAGR of 13.1%to reach USD 15.8 Billion by 2034.

Dashboard Camera is known by their colloquial name, "dashcams" or "dash cams," dashboard cameras are anticipated to see a rise in demand due to growing sales of passenger and commercial cars. Drivers all across the world are starting to use dashboard cameras more and more. Many dashboards of both personal and commercial vehicles are using this technology. It gives the driver more control over the security of the car and makes it possible to document events like crashes, theft, and vandalism. It is now established practice to use dashboard camera footage to support insurance claims and establish liability. In order to combat fraudulent insurance claims, insurance firms offer discounts on insurance premiums, which encourage the use of dashboard cameras.

Because certain versions allow for in-cabin recording as well as front- and rearward filming, multiple-channel dash cams have become increasingly popular. This makes it possible to observe in-depth and in real time. Furthermore, the industry is expanding in developing countries like Brazil and India. Due to the sharp increase in automobile traffic in developing nations and the associated fraud and accidents, manufacturers see an opportunity.

Dashboard Camera Market Drivers:   

Road Accident and Vehicle Theft Incidence Are Rising

• The number of theft and traffic accident incidences worldwide is steadily rising, which has led to a rise in the use of dashboard cameras. Dashcam film gives viewers a clear picture of who is responsible for collisions when a car is involved in an accident or other high-stress situation. In addition, this can expedite insurance claims and lower insurance costs. A dashboard camera's ability to identify and apprehend those guilty of theft and parking accident incidents is another noteworthy benefit. These advantages raise demand for them, which improves revenue generation. Because more and more cars are being stolen, the dashboard camera market has been growing quickly in recent years.

• Because of this growing number, a number of countries have started requiring dash cam installations in cars, which has accelerated the expansion of the industry. In the upcoming years, there will likely be a greater need for dashboard cameras in cars due to the rise in auto theft. While the driver is away from their vehicle, the cameras monitor the area for possible auto thefts and vandalism while in the parking mode of operation. When the ignition is turned off or the car is motionless for a predetermined amount of time, dash cams with this feature automatically transition to parking mode. When the camera detects movement, it begins to record footage in order to gather as much evidence as it can.

Advantages for Motorists and Vehicle Owners

• Data captured by dashboard cameras offers trustworthy and precise details about the sequence, timing, and movements made during the pre-crash period. The information gathered may help to clarify the causes of accidents, strengthen safety protocols, and increase road safety. The majority of dashboard cameras are programmed to begin recording as soon as the engine starts and are connected to the engine. Because of this technology, the dashboard cameras are always in record mode, which may be required by insurance companies.

• The use of dashboard cameras aids fleet managers in keeping an eye on the driving habits of their employees. Dashboard cameras allow car rental firms to monitor their customers' driving habits. Furthermore, watching driving videos can help someone become a better driver.

Tight Government Regulations and a Rise in Insurance Fraud

• These days, multiple-channel dash cams are very popular since many types allow for in-cabin video in addition to front- and rear-view filming. This makes it possible to observe in-depth and in real time. Furthermore, the industry is expanding in developing countries like Brazil and India. Due of the sharp increase in vehicle traffic in developing nations and the associated frauds and accidents, manufacturers see an opportunity.

• The increasing demand for anti-theft measures is expected to drive growth in the 2-channel dashboard camera market. As more consumers and owners of commercial fleets move from low-resolution DVRs to full HD or better-resolution cameras, the need for dash cams with higher resolutions is growing.

Restrains in the Dashboard Camera Market:

Privacy Concerns and Regulations:

• Vehicle manufacturers had started using the digital recorders when complaints regarding the malfunctioning of airbags were filed. Such a move was focused on improving airbag technology and protecting themselves against liability. The increasing computerization of cars, advanced electronics, and data exchange between vehicles and connected devices could lead to the unintended benefit of dashboard camera-recorded data.

• Most dashboard camera systems are either equipped with inbuilt GPS or have provision for connecting an external GPS module. Telecommunication companies record location information over a period via these GPS modules stored in their database. Personal security can be compromised if user-sensitive location data falls into the wrong hands or is misused. Moreover, some laws allow other entities, such as government agencies, to access data without the user's permission in certain circumstances.

Key Opportunities in Dashboard Camera Market:

Positive Efforts Regarding Dashboard Camera Installation

• In order to provide their drivers and passengers with the highest level of safety and protection, several nations have legalized the use of dashboard cameras. A measure requiring dashboard camera systems in all government-owned police cars, public utility vehicles (PUVs), and school buses was filed by Senator JV Ejercito in the Philippines.

•  The concept comprises public transit vehicles (PUVs) that are owned by the government, PUVs that offer application-based transportation services, and other vehicles of a similar nature.

• The Dash Cam Law, officially known as Senate Bill No. 1457, was registered on May 16, 2017. The goal of the law is to lessen infractions of traffic laws and roadside incidents.

• It is anticipated that the regulation will shield drivers from dishonest law enforcement officials who abuse their authority and turn to extortion.

• Dashboard cameras are becoming more and more common in the Middle East, particularly in the United Arab Emirates, where they are being used to record traffic accidents and assist law enforcement in their investigations.

• The director of Dubai Police's General Department of Traffic, Brigadier Saif Mohair Al Mazroui, approved the use of dashboard camera photos and videos in June 2017 to combat traffic infractions.

By Technology

• Basic - With over 60% of the market, the most common segment in 2021 was the basic dashboard camera sector. The low cost and convenience of installation of these devices are anticipated to contribute to the growth of this category. It is predicted that basic dashboard cams would sell over 81.0 million units by 2028. The smart dashboard camera market is expected to develop at the fastest rate, with a compound annual growth rate (CAGR) of over 16%, from 2022 to 2028. The main benefit offered by these dashcams is the possibility to integrate them with other auxiliary technologies like telematics and vehicle data monitoring.
• Advance – The increasing incorporation of sophisticated and networked technological systems in automobiles is a primary driver of the Dashboard Camera Industry in the next years. Furthermore, dashcams' demand is growing in international markets as a result of technological developments that have reduced their cost and improved their usability. Features like GPS tracking, G-sensors for impact detection, and cloud storage for convenient video access are commonplace in contemporary dashcams. Because of this, dash cams are now able to monitor driving patterns and vehicle security in addition to serving as safety equipment. The rise in popularity of dashcams has also been facilitated by the development of social media sites and online forums where users may exchange dashcam videos. 

By Product Type

• Single-lens – The majority of entry-level dash cams for cars only have one lens.
• The task of capturing and recording video footage of the road ahead of your car can be completed by a simple dash camera. It is among the easiest and most reasonably priced dash cams for cars to install. The primary drawback of the entry-level dash cam is its inability to record traffic accidents that occur to the side or rear of the car.
• Multi lens – These dash cameras with numerous lenses can be purchased as one or two units. While the former may be simpler to install and use, the later may require wiring to be connected to the electrical devices in your automobile because it is more sophisticated to power. These dash cams have the drawback of being slightly more expensive than the entry-level models. The dash cameras with dual lenses or dual sides record footage of the car's front and back.

By Vehicle Type

• Passenger cars – When a dash cam is hardwired into your car, it records footage anytime the car is turned on, when a sensor detects a collision, or when the camera detects motion. Dash cams operate by using your automobile as a power source. The dash cam's continuous recording feature allows it to record footage of any occurrence or unforeseen circumstance, including careless driving, accidents, and even traffic stops. The camera will record video of everything in its area of vision as long as it is powered on and turned on.
• Commercial Cars – Although there are many reasons to install dash cams in vehicles, trucks, and vans, the primary one is typically to capture the road ahead and behind in the event of an accident. Businesses and consumers alike are increasingly using recorded HD footage to identify vehicle damage or in insurance claims. Dashboard cameras are rapidly becoming essential for organizations.

Dashboard Camera Market Regional Insights:

On region the Dashboard Camera Market is segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa.

• North America particularly the United States and Canada, is a significant market for Dashboard Camera due to strong regulatory frameworks and increasing investor demand for transparency in sustainability practices.
• Asia Pacific region is rapidly growing in the Dashboard Camera market due to increasing regulatory developments, investor interest, and corporate sustainability efforts. Countries like Japan, South Korea, and Australia are enhancing their ESG reporting requirements. China is also beginning to emphasize ESG reporting as part of its broader economic reforms.
• Europe is expected to dominate the target market growth and this region is also considered a leader in the Dashboard Camera market, driven by rigorous regulations and a strong cultural emphasis on sustainability and corporate responsibility.
• Latin America is emerging as a promising market for Dashboard Camera, driven by increasing awareness and regulatory initiatives. There is a growing awareness of the importance of ESG factors among businesses and investors in Latin America. This has led to increased adoption of ESG reporting practices.
• Middle East & Africa region is a growing interest from both regional and international investors in ESG factors, driving companies to adopt ESG reporting tools to enhance transparency and attract investment.  

Dashboard Camera Market Report Scope:

Attribute	Details
Market Size 2024	USD 5.17 Billion
Projected Market Size 2034	USD 15.8 Billion
CAGR Growth Rate	13.1%
Base year for estimation	2023
Forecast period	2024-2034
Market representation	Revenue in USD Billion & CAGR from 2024 to 2034
Market Segmentation	By Technology – Basic, Advance By Product Type – Single lens, double lens By Vehicle Type – Passenger Cars, Commercial Cars
Regional scope	North America - U.S., Canada Europe - UK, Germany, Spain, France, Italy, Russia, Rest of Europe Asia Pacific - Japan, India, China, South Korea, Australia, Rest of Asia-Pacific Latin America - Brazil, Mexico, Argentina, Rest of Latin America Middle East & Africa - South Africa, Saudi Arabia, UAE, Rest of Middle East & Africa
Report coverage	Revenue forecast, company share, competitive landscape, growth factors, and trends

Segments Covered in the Report:

This report forecasts revenue growth at global, regional, and country levels and provides an analysis of the latest industry trends and opportunities in each of the sub-segments from 2024 to 2034. For the purpose of this study, has segmented the Dashboard Camera Market report based on By Technology, Product Type, Vehicle Type and Region:

Dashboard Camera Market, By Technology:

• Basic
• Advance

Dashboard Camera Market, By Product Type:

• Single-lens
• Multi lens

Dashboard Camera Market, By Vehicle type:

• Passenger cars
• Commercial Cars

Dashboard Camera Market, By Region:

• North America

• U.S.
• Canada

• Europe

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

• Asia Pacific

• China
• India
• Japan
• South Korea
• Rest of Asia Pacific

• Latin America

• Brazil
• Mexico
• Rest of Latin America

• Middle East & Africa

• GCC
• Israel
• South Africa
• Rest of Middle East & Africa

The key players operating the Global Dashboard Camera Market includes Cobra Electronics Corporation, PHILIPS Corp, HP Corp, Qihoo 360 Technology Co. Ltd., Vosonic Technology Corporation, Pittasoft Co. Ltd., Amcrest Technologies LLC, CNSLink Co. Ltd, Honeywell International and Eken Group Ltd, Nextbase, Papapgo, Garmin Ltd, Fine Digital.

• In February 2024, TATA unveiled its initial product on the Acti.EV platform. The all-electric Punch EV has a redesigned front end to better complement the Nexon's design. Updated tail lights and alloy wheels with an aerodynamic appearance are two more exterior changes. A two-spoke steering wheel, a redesigned dashboard, and a new touch-enabled climate control panel are among the interior modifications. It is equipped with six airbags, a 360-degree camera, ventilated front seats, a 10.25-inch touchscreen, and a 10.25-inch digital driver's display. Electronic stability control and an automated parking brake are examples of safety technology.

• Cobra Electronics Corporation
• PHILIPS Corp
• HP Corp
• Qihoo 360 Technology Co. Ltd.
• Vosonic Technology Corporation
• Pittasoft Co. Ltd.
• Amcrest Technologies LLC
• CNSLink Co. Ltd
• Honeywell International
• Eken Group Ltd.