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The global dashboard camera market is anticipated to grow at a CAGR of 20.1%
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Dashboard Camera Market Industry Analysis, Growth, Trends and Forecast – 2029 The global dashboard camera market is anticipated to grow at a CAGR of 20.1% during the forecast period. Dashboard cameras are gaining popularity due to the increase in road accidents. Dashboard cameras assist the drivers to store the incidents happening in the front and the rear side of the vehicles. The incident is stored in the DVR box placed inside the car and that clip is beneficial for a legal proceeding, insurance claims, protection purposes, and others. People are installing dashboard cameras in their cars as the risk of road accidents is increased. According to the US Department of Transportation’s National Highway Traffic Safety Administration, in March 2022, a total of 38,824 lives were lost in traffic crashes nationwide and a total of 6,755,841 highway crashes occurred in 2020. To Request a Sample of our Report on Dashboard Camera Market https://www.omrglobal.com/request-sample/dashboard-camera-market Moreover, vehicle theft is a major concern for vehicle owners across the globe. In order to protect their vehicle, consumers are using dashboard cameras to watch on vehicles and to protect vehicles from theft. For instance, in 2020, according to a Federal Bureau of Investigation (FBI) report, a total of 810,400 vehicles were stolen across the US. The number of vehicles stolen was up 11.8 percent from 724,872 in 2019. Adding on, around $7.4 billion was lost to motor vehicle theft in 2020. Additionally, the FBI says that the 2020 vehicle theft record was the highest rate since 2009. Additionally, in India, a large number of vehicle theft are recorded yearly. For instance, in January 2018, according to Delhi police records, the total number of motor vehicle theft cases reported stood at 44,158, as compared to 39,084 in 2017, which accounted for about 19% of the total crimes reported. A full Report of Dashboard Camera Market https://www.omrglobal.com/industry-reports/dashboard-camera-market Market Coverage The market number available for – 2021-2028 Base year- 2021 Forecast period- 2023-2029 Segment Covered- By Technology By End User By Video Quality By Application Distribution Channel Regions Covered- North America Europe Asia-Pacific Rest of the World Competitive Landscape- ABEO technology co. ltd, Garmin Ltd.,Pittasoft Co. Ltd., DigiLife Technologies Co., Ltd, Cobra Electronics Corp., Panasonic Holdings Corp., and others. Key questions addressed by the report What is the market growth rate? Which segment and region dominate the market in the base year? Which segment and region will project the fastest growth in the market? Who is the leader in the market? How players are addressing challenges to sustain growth? Where is the investment opportunity? Global Dashboard Camera Market Report Segment ByTechnology Basic Advanced Smart By End-User Automotive Automotive Aftermarket Fleet Management By Video Quality SD & HD Full HD & 4K By Application
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