Global Dashboard Camera Market Size By Channel Type (Single, Dual), By Technology (Basic, Advanced, Smart), By Vehicle Type (Passenger Cars, Commercial Vehicles), By Geographic Scope And Forecast

Dashboard Camera Market Size and Forecast

Dashboard Camera Market size was valued at USD 4.64 Billion in 2024 and is projected to reach USD 12.73 Billion by 2032, growing at a CAGR of 13.44% from 2026 to 2032.

A dashboard camera, or dashcam, is a small video recording device put on a vehicle's dashboard or windscreen. It continuously records the view in front of the vehicle, with some models additionally recording the inside or rear view.

Dashcams serve a variety of objectives, including providing proof in the event of an accident, protecting against false claims, and improving driver safety by monitoring behaviors. They can record continuously or activate during events, storing footage that can be critical for insurance claims and legal conflicts, effectively serving as an unbiased witness on the road.

Global Dashboard Camera Market Dynamics

The key market dynamics that are shaping the dashboard camera market include:

Key Drivers

Increasing Road Accidents and Safety Concerns: The rising incidence of road accidents worldwide is a primary driver of the dashboard camera market. According to the World Health Organization (WHO), road traffic crashes kill roughly 1.3 million people each year. Dashboard cameras are increasingly considered as a tool for providing evidence in the event of an accident and encouraging better driving habits. For example, a study by the Insurance Institute for Highway Safety (IIHS) discovered that vehicles equipped with front accident prevention systems had 50% fewer front-to-rear crashes than vehicles without such systems.

Growing Adoption of Advanced Driver Assistance Systems (ADAS): The integration of dashboard cameras and ADAS is driving market expansion. According to Verified Market Research, the global ADAS market is expected to increase from $34.93 billion in 2023 to $73.74 billion by 2032, with a CAGR of 10.8%. This expansion is fueling demand for more advanced dashboard cameras that can work in concert with ADAS capabilities such as lane departure warnings and front collision alerts.

Rising Insurance Premium Discounts for Dashboard Camera Users: Insurance companies are increasingly offering premium discounts to policyholders who install dashboard cameras, resulting in market development. According to a survey conducted by Aviva Insurance in the United Kingdom, 27% of motorists currently use a dashboard camera, with 42% receiving an insurance reduction as a result. According to the same survey, 72% of respondents would consider utilizing a dashcam if it resulted in an insurance discount, indicating the possibility for additional market expansion.

Key Challenges:

Privacy Concerns: Privacy concerns are one of the most significant challenges facing the dashboard camera market. Many people are concerned about the consequences of filming others without their agreement, particularly in areas with strict privacy regulations. Dashcam use is restricted in several countries, such as Belgium and Austria, which result in legal consequences for users. This concern discourages potential consumers from investing in these gadgets, restricting market growth and adoption rates.

High Installation Costs: The high installation costs for advanced dashboard cameras make them prohibitively expensive for many users. While simple models are getting more accessible, high-quality devices with features such as dual-channel recording and better night vision are still pricey. This pricing issue restricts adoption among cost-conscious consumers and small businesses, reducing total market penetration and growth potential.

Key Trends:

Increased Adoption of HD and 4K Cameras: The demand for high-resolution cameras has increased as consumers look for greater video quality to provide more lucid evidence in accidents. This trend is being pushed by the demand for precise footage that may be used effectively in insurance claims and legal cases. Higher-quality recordings are becoming increasingly important for both personal and commercial vehicle users, prompting a shift in manufacturing focus to these advanced versions.

Growing Popularity of Online Sales Channels: The increasing prominence of Internet sales channels is influencing how dashboard cameras are marketed and purchased. With the convenience of e-commerce, consumers are increasingly resorting to online platforms for dashcams. This move enables a greater reach and more competitive price, as well as access to user evaluations and ratings, which help buyers make judgments. As a result, manufacturers are shifting their tactics to improve online presence and expedite distribution via digital channels.

Global Dashboard Camera Market Regional Analysis

Here is a more detailed regional analysis of the dashboard camera market:

North America:

According to Verified Market Research, North America is estimated to dominate the market over the forecast period. North America, particularly the United States, has one of the world's highest rates of vehicle ownership, which coincides with a high frequency of traffic accidents. According to the US Department of Transportation's National Highway Traffic Safety Administration (NHTSA), there were an estimated 6,756,000 police-reported traffic crashes in the United States alone in 2019. This high accident rate increases the demand for dashboard cameras to provide evidence and improve driving safety. The NHTSA also claims that the economic impact of motor vehicle crashes in the United States is around USD 242 Billion per year, highlighting the importance of preventative and documentary measures such as dashboard cams.

Furthermore, insurance companies in North America are increasingly offering premium discounts to policyholders who install dashboard cameras, resulting in market development. According to a survey conducted by the Insurance Research Council, 22% of American drivers utilize a dashboard camera, with 35% reporting an insurance discount. Additionally, legal issues are driving dashboard camera use. According to the National Conference of State Legislatures, 37 states and Washington, D.C. have passed legislation allowing dashboard camera film to be used in court proceedings. The legal recognition of dashboard camera evidence encourages more drivers to install these devices to protect themselves in the event of an accident or dispute.

Asia Pacific:

The Asia Pacific region is estimated to exhibit the highest growth within the market during the forecast period. The Asia Pacific region is experiencing a spike in vehicle ownership, resulting in more road traffic and a greater demand for dashboard cameras. According to the International Organization of Motor Vehicle Manufacturers (OICA), vehicle sales in Asia increased by 4% in 2021 to 35.8 million units. China contributed to 26.3 million automobile sales. The increase in automobile ownership is correlated with an increase in road accidents. For example, the World Health Organization states that the Western Pacific region, which includes much of East Asia, accounts for 23% of global road traffic fatalities. This combination of increased vehicle ownership and road safety concerns is pushing dashboard camera use in the region.

Furthermore, several countries in the Asia Pacific region are enacting stronger road safety legislation and initiatives, which will indirectly benefit the dashboard camera market. For example, in India, the Ministry of Road Transport and Highways reported 449,002 road accidents in 2019, with 151,113 deaths. In reaction to such high accident rates, the Indian government mandated the installation of vehicle location monitoring systems and emergency buttons in all new public sector vehicles beginning in January 2019. This form of law encourages the use of dashboard cameras as part of larger car safety systems throughout the region.

Global Dashboard Camera Market: Segmentation Analysis

The Global Dashboard Camera Market is segmented based on Channel Type, Technology, Vehicle Type, and Geography.

Dashboard Camera Market, By Channel Type

• Single
• Dual

Based on Channel Type, the Dashboard Camera Market is segmented into Single and Dual. The dual channel segment is estimated to dominate the dashboard camera market during the forecast period due to its capacity to record both on-road and in-vehicle activity at the same time. This functionality is especially appealing to ride-sharing services such as Uber and Lyft, where extensive monitoring is required for safety and liability reasons. Furthermore, dual channel dashcams frequently include additional features such as motion detection and GPS tracking, making them appealing to both individual customers and commercial fleets seeking improved security and evidence-collecting capabilities.

Dashboard Camera Market, By Technology

• Basic
• Advanced
• Smart

Based on Technology, the Dashboard Camera Market is segmented into Basic, Advanced, and Smart. The basic segment is estimated to dominate the dashboard camera market due to the price and ease of installation of these devices, which make them available to a large customer base. Basic versions provide adequate capability for the majority of users, particularly in developing countries where cost-effective solutions are chosen, ensuring their continued popularity and market presence.

Dashboard Camera Market, By Vehicle Type

• Passenger Cars
• Commercial Vehicles

Based on Vehicle Type, the Dashboard Camera Market is divided into Passenger Cars and Commercial Vehicles. The passenger car segment is estimated to dominate the global market. This segment benefits from increased consumer awareness of car safety and the rising occurrence of road accidents, which boost demand for dashcams as a safety measure. Furthermore, the increase in passenger car sales, particularly electric vehicles, is driving the adoption of dashboard cameras among individual drivers seeking increased road safety and responsibility.

Dashboard Camera Market, By Geography

• North America
• Europe
• Asia Pacific
• Rest of the World

Based on Geography, the Dashboard Camera Market is classified into North America, Europe, Asia Pacific, and the Rest of the World. North America is estimated to hold the largest share of the dashboard camera market owing to the growing popularity of automobile safety systems and strong regulatory requirements for vehicle safety features. Consumer knowledge of the benefits of dashcams, especially in resolving insurance claims and combating fraud, is driving up demand for them. This trend is further reinforced by the integration of advanced driver assistance systems (ADAS) into the automotive sector, which has made North America a dominating participant in this market segment.

Key Players

• The "Dashboard Camera Market" study report will provide valuable insight with an emphasis on the global market. The major players in the market are Hewlett-Packard Company, DOD-Tech Co. Ltd, ABEO Company Co. Ltd, Panasonic Corporation, Aiptek, Inc., Garmin, LG Corporation, Qrontech Co. Ltd, Pittasoft Co. Ltd, Satechi Baravon, and Bulls-I Vehicle Drive Recorders.

Our market analysis also entails a section solely dedicated to such major players wherein our analysts provide an insight into the financial statements of all the major players, along with its product benchmarking and SWOT analysis. The competitive landscape section also includes key development strategies, market share, and market ranking analysis of the above-mentioned players globally.

• Dashboard Camera Market Recent Developments
• In January 2024, Ficosa and Indie Semiconductor collaborated to develop AI-based vehicle camera solutions. The alliance aims to increase safety and commercialize vehicle camera solutions using neural network-based artificial intelligence (Al) processing.
• In January 2023, BlackVue Dash Cameras unveiled their future lineup at the CES in Las Vegas. The new dash cameras will include a 4K UHD camera with built-in LTE connectivity and a secure box option with three cameras and a recording unit.