PUBLISHER: The Business Research Company | PRODUCT CODE: 1769852
PUBLISHER: The Business Research Company | PRODUCT CODE: 1769852
A car digital video recorder is a small device installed in a vehicle to capture and store live video footage of the surroundings while driving or parked. It continuously records views through the windshield or from different angles, depending on where it is mounted, and serves to document events like road accidents, traffic infractions, or environmental conditions.
The primary types of car digital video recorders include single-channel, dual-channel, and triple-channel models. Single-channel DVRs utilize one camera to record video, usually focusing on the vehicle's front view. These devices come with various feature sets such as standard, GPS-enabled, Wi-Fi-enabled, cloud-connected, and ADAS-enabled versions. They offer different storage solutions including SD card storage, cloud storage, and internal storage. The technology behind them ranges from basic to advanced to smart and they are available through both online and offline retail channels.
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The car digital video recorder market size has grown strongly in recent years. It will grow from $2.38 billion in 2024 to $2.52 billion in 2025 at a compound annual growth rate (CAGR) of 6.1%. The growth during the historical period can be attributed to the expansion of fleet management solutions, an increase in vehicle sales, the rise of shared mobility and ride-hailing services, the growing adoption of electric and autonomous vehicles, and the surge in e-commerce and last-mile delivery services.
The car digital video recorder market size is expected to see strong growth in the next few years. It will grow to $3.19 billion in 2029 at a compound annual growth rate (CAGR) of 6.0%. The projected growth in the forecast period can be attributed to the rising demand for vehicle safety and security, increasing awareness of accident liability protection, growing consumer interest in in-car technology upgrades, the need to document road trips and daily commutes, and heightened concerns about car theft and vandalism. Key trends expected during this period include the adoption of AI-enabled DVRs, integration of GPS and telematics features, enhancements in video quality, the development of cloud storage capabilities, and advancements in real-time video streaming technology.
The growing incidence of road accidents is anticipated to drive the expansion of the car digital video recorder market in the coming years. This increase in accidents is largely attributed to distracted driving, where individuals use mobile phones or engage in other activities that divert their attention from the road, heightening the risk of collisions. Car digital video recorders play a crucial role in reducing accidents by offering clear, objective video footage of events before and during an incident, aiding in fault determination and insurance claim processing. For instance, in January 2024, the Bureau of Infrastructure and Transport Research Economics (BITRE), an Australian government agency, reported that 1,266 people lost their lives on Australian roads in 2023 an increase of 7.3% compared to 2022. As a result, the growing number of road accidents is contributing to the increased demand for car digital video recorders.
Key players in the car digital video recorder market are innovating by introducing advanced in-car camera solutions, such as rear and side video cameras, to improve evidence gathering and safety during collisions or disputes. These in-car cameras are installed to record footage from rear or side angles, increasing situational awareness and monitoring surrounding activity. For example, in August 2024, i-PRO Co. Ltd., a Japan-based expert in sensing technology, launched the WV-VCR40W in-car video rear or side camera. Part of the i-PRO ICV4000 system, this device provides high-resolution, wide-angle video and is specifically designed for law enforcement, emergency responders, and military use. It enables extensive monitoring from the vehicle's rear, side, or interior. Both the ICV4000 and WV-VCR40W allow for the seamless transfer of video evidence to the i-PRO Unified Digital Evidence (UDE) management system via Wi-Fi, mobile router, or mobile data terminal with cellular connectivity. UDE helps streamline workflows for officers and investigators by allowing them to store, review, manage, and share footage from both in-vehicle and body-worn cameras within a unified platform.
In January 2025, Ross Video, a Canada-based manufacturer of equipment for live events and video production, acquired EagleEye for an undisclosed sum. The acquisition aims to broaden Ross Video's camera motion systems portfolio by adding a range of innovative solutions, including immersive cable camera systems for various production settings. EagleEye is a U.S.-based company specializing in the manufacturing of car digital video recorders.
Major players in the car digital video recorder market are Sony Corporation, HP Inc., Panasonic Corporation, Koninklijke Philips N.V., Garmin Ltd., Samsara Inc., Cobra Electronics Corporation, Pyle Audio Inc., Nextbase UK Ltd., Thinkware Corporation, REXing Inc., Auto-Vox Technology Co. Ltd., Cansonic Inc., Wolfbox Inc., iOttie Inc., DAZA Electronics Co. Ltd., Itronics Co. Ltd., Qrontech Co. Ltd., Vantrue Technology Co. Ltd., CNS Link Co. Ltd.
North America was the largest region in the car digital video recorder market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in car digital video recorder report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.
The countries covered in the car digital video recorder market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.
The car digital video recorder market also includes sales of night vision dash cameras, touchscreen dash cameras, parking mode dash cameras, memory cards and accessories. Values in this market are 'factory gate' values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
Car Digital Video Recorder Global Market Report 2025 from The Business Research Company provides strategists, marketers and senior management with the critical information they need to assess the market.
This report focuses on car digital video recorder market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.
Where is the largest and fastest growing market for car digital video recorder ? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? The car digital video recorder market global report from the Business Research Company answers all these questions and many more.
The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market's historic and forecast market growth by geography.
The forecasts are made after considering the major factors currently impacting the market. These include the Russia-Ukraine war, rising inflation, higher interest rates, and the legacy of the COVID-19 pandemic.