Global Connected Dashcam Market to Reach USD 18.05 Billion by 2030

According to the report published by Virtue Market Research in Global Connected Dashcam Market was valued at USD 5.53 billion in 2024 and is projected to reach USD 18.05 billion by the end of 2030, growing at a CAGR of 21.8% during the forecast period (2025-2030).

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The market's growth is primarily driven by the rising need for vehicle and driver safety, growing awareness about accident documentation, and the integration of advanced AI technologies in connected dashcams. With increasing road accidents and insurance fraud cases globally, connected dashcams are emerging as essential tools for drivers, fleet managers, and law enforcement agencies.

A long-term driver for the market is the growing adoption of telematics and smart connectivity in vehicles. Modern connected dashcams go beyond recording videos-they collect real-time driving data, monitor driver behavior, and integrate seamlessly with cloud-based platforms for instant data sharing. This has led to their rising use in both personal and commercial vehicles. Additionally, the increasing demand for fleet management solutions that enhance productivity and safety is contributing to sustained market growth.

The COVID-19 pandemic temporarily disrupted automotive production and logistics, leading to supply chain issues and reduced consumer spending on non-essential electronics. However, post-pandemic recovery has accelerated market adoption. The shift toward contactless claims processing, growing e-commerce logistics, and the increased awareness of road safety during the pandemic years have all boosted the adoption of connected dashcams across personal and commercial applications.

In the short term, the market is being driven by technological innovations in AI-powered dashcams capable of detecting lane departures, collisions, and driver fatigue in real-time. These smart systems are enabling proactive safety alerts and preventive action, reducing the risk of accidents. A key opportunity lies in the commercial fleet sector, where logistics and transportation companies are increasingly using connected dashcams to monitor driver performance, prevent theft, and ensure compliance with safety regulations. A notable trend in the industry is the integration of connected dashcams with mobile apps and cloud ecosystems, allowing users to access live footage, receive updates, and store recordings securely on cloud servers-further enhancing convenience and usability.

Connected Dashcam Market Segmentation:
By Product Type: Single-channel (1-channel), Dual-channel (2-channel), Rear-view
Based on product type, the single-channel segment held the highest market share in 2024, primarily due to its affordability and simplicity. These dashcams are popular among individual vehicle owners who seek basic video recording for accident documentation and insurance claims. Meanwhile, the smart dashcam category is expected to grow at the fastest rate, driven by increasing demand for multi-camera setups, higher video resolution, and features like GPS tracking, Wi-Fi connectivity, and real-time streaming.

By Technology: Basic, Advanced, Smart
Based on technology, the basic segment dominated the market in 2024. These models cater to price-sensitive consumers and small fleet owners seeking cost-effective recording solutions with essential functionalities. However, the smart segment is projected to grow rapidly during the forecast period due to its enhanced capabilities such as AI-based driver monitoring, lane detection, and collision alerts. The demand for connected, feature-rich dashcams is growing particularly among tech-savvy users and commercial fleets prioritizing safety and efficiency.

By Application: Personal Vehicles, Commercial Vehicles, Law Enforcement
Based on application, the personal vehicles segment accounted for the largest share of the market in 2024. Rising awareness about road safety, accident prevention, and the need for video evidence in insurance claims have contributed to strong demand from individual vehicle owners. The commercial vehicles segment is expected to grow at the fastest rate during the forecast period. Fleet operators are increasingly using connected dashcams for real-time tracking, accident prevention, and driver behavior analysis. These devices also help reduce operational risks and improve compliance with safety regulations, making them an essential part of modern fleet management.

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Regional Analysis
North America held the largest share of the market in 2024 due to its mature automotive industry, strong safety culture, and high adoption of in-vehicle technologies. The region's market growth is supported by stringent insurance policies that encourage the use of dashcams, as well as the presence of major industry players such as Garmin, BlackVue, and Nextbase. Consumers in North America are also increasingly embracing smart connected devices that integrate seamlessly with smartphones and cloud storage, driving further adoption.

Asia-Pacific is projected to experience the fastest growth during the forecast period. The surge in automobile production, rising disposable incomes, and expanding urban populations in countries like China, India, and Japan are key drivers. Additionally, rising traffic congestion and road accident rates have created a pressing need for vehicle monitoring systems. The affordability of connected dashcams and the growing penetration of e-commerce and logistics fleets in the region are expected to fuel significant market expansion through 2030.

Latest Trends and Developments

• Integration of Artificial Intelligence and Machine Learning: AI-enabled dashcams are capable of analyzing driving behavior, detecting risky situations, and issuing alerts to prevent accidents, greatly improving overall road safety.

• Growth of Cloud-Connected Dashcams: Cloud-based solutions are gaining popularity, offering features such as remote monitoring, automatic video uploads, and real-time incident sharing, ideal for both individual drivers and fleet operators.

• Expansion of Fleet Management Applications: Commercial fleets are adopting connected dashcams to monitor routes, driver activity, and cargo safety. This trend supports regulatory compliance and enhances operational transparency.

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This release was published on openPR.