Press release
Dashboard Camera Market 2023 | Market Size, Trends Analysis, Segmentation, And Industry Forecast To 2032
The Business Research Company's global market reports are now updated with the latest market sizing information for the year 2023 and forecasted to 2032The Business Research Company's Dashboard Camera Global Market Report 2023 identifies increase in the number of road accidents as the major driver for the dashboard camera market's growth in the forecast period. Absentminded driving becomes a larger threat and is a major cause of car accidents over the past decades. For instance, in May 2022, National Highway Traffic Safety Administration, a US-based government agency, has estimated traffic fatalities for 2021, according to estimates, 42,915 individuals died in traffic crashes last year, a 10.5% rise over the 38,824 fatalities in 2020. Therefore, the increase in the number of road accidents is anticipated to boost the growth of the dashboard camera market.
The global dashboard camera market size grew from $3.15 billion in 2022 to $3.79 billion in 2023 at a compound annual growth rate (CAGR) of 20.2%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services, and affecting many markets across the globe. The dashboard camera market size is expected to grow to $7.67 billion in 2027 at a CAGR of 19.3%.
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Major competitors in the dashboard camera market are Panasonic Corporation, ABEO Technology, DOD Tech, Pittasoft Co. Ltd., HP Development Company LP, Cobra Electronics Co.
Read More On The Global Dashboard Camera Market Report Here:
https://www.thebusinessresearchcompany.com/report/dashboard-camera-global-market-report
The dashboard camera market is segmented -
1) By Type: Front Facing Dashcam, Front And Rear Dashcam, Front And Interior Dashcam, Triple Lens Dashcam, Miniature Dashcam
2) By Technology: Basic, Advanced, Smart
3) By Application: Commercial Vehicle, Personal Vehicle
• By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. North America was the largest region in the dashboard camera market.
The Business Research Company's "Global Dashboard Camera Market Report 2023" provides a thorough understanding of the market across 60 geographies. The report covers market size, growth rate, segments, drivers and trends in every region and country. In addition, the report offers insights on historical and forecast growth, helping players analyze and strategize better.
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The Table Of Content For The Dashboard Camera Market Include:
1. Executive Summary
2. Dashboard Camera Market Characteristics
3. Dashboard Camera Market Trends And Strategies
4. Dashboard Camera Market - Macro Economic Scenario
5. Dashboard Camera Market Size And Growth
……
26. Africa Dashboard Camera Market
27. Dashboard Camera Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Dashboard Camera Market
29. Dashboard Camera Market Future Outlook and Potential Analysis
30. Appendix
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