Dashboard Camera Infrastructure Market Overview
The dashboard camera market is projected to reach US$ 7,260.97 million by 2028 from US$ 2,018.69 million in 2021; it is expected to grow at a CAGR of 20.1% from 2021 to 2028.
The rising frequency of automobile thefts and road accidents globally has propelled the product demand in the last few years. Dashboard cameras can help avoid insurance fraud, such as deliberately causing vehicle damage to avail false insurance claims. Regulatory reforms supporting the installation of dashcams in cars for security and safety measures in numerous countries, including the US, the UK, and Russia, also support the dashboard camera market growth. The use and ownership of dashcams are legal in the US, as their installation does not impede or break any laws. Notably, the installation and use of dashboard cameras were illegal in several states in the US, such as California, until 2011, when the government passed a law that lifted the ban from dashcams, with the imposition of a few restrictions.
By Geography
North America (the US, Canada, and Mexico) Europe (the UK, Germany, France, Italy, Spain, and the Rest of Europe) Asia Pacific (China, Japan, India, Australia, South Korea, and the Rest of Asia Pacific)
Middle East & Africa (the UAE, Saudi Arabia, South Africa, and the Rest of Middle East & Africa) South & Central America (Brazil, Argentina, and the Rest of South & Central America).