The global in-car DVR market is anticipated to grow at a considerable CAGR of around 6.5% during the forecast period (2022-2028). It is anticipated that the rapid technological advancements and connectivity of DVRs to smartphone and Wi-Fi will attribute to the market growth. The advanced features of DVRs including proximity sensors, motion detection functionality, built-in Wi-Fi and others will boost the demand of DVRs in the market. The growing market of IoT enabled vehicles and autonomous driving systems will drive the application of automotive electronic devices including in-car DVRs, that will contribute to the market growth during the forecast timeframe.
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For instance, in June 2021, Garmin introduced four latest dashcams or DVRs with cloud connected storage in addition to its existing models of DVRs. All newly launched models are compatible with its connected vault, parking guard and live view features. For up to 24 hours, the recorded footage is saved for free in the vault cloud storage. The company also provides video subscriptions to its customers. If an incident is identified while user is gone from the vehicle, the parking guard sends an alert notification to a connected phone via the Garmin Drive app.
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- Market Coverage
- Market number available for – 2022-2028
- Base year- 2021
- Forecast period- 2022-2028
- Segment Covered- By Source, By Product Type, By Applications
- Competitive Landscape- Archer Daniels Midland Co., Ingredion Inc., Kerry Group Plc, Cargill Inc., and others
Global In-Car DVR Market Report by Segment
By Type
- Single Chanel
- Dual Channel
By Application
- Passenger Car
- Commercial Vehicle
Global In-Car DVR Market Report by Region
North America
- US
- Canada
Europe
- UK
- Germany
- Italy
- Spain
- France
- Rest of Europe
Asia-Pacific
- China
- India
- Japan
- South Korea
- Rest of Asia-Pacific
Rest of the World
- Latin America
- Middle East & Africa
The Report Covers
- Market value data analysis of 2021 and forecast to 2028.
- Annualized market revenues ($ million) for each market segment.
- Country-wise analysis of major geographical regions.
- Key companies operating in the global In-Car DVR market. Based on the availability of data, information related to new product launches, and relevant news is also available in the report.
- Analysis of business strategies by identifying the key market segments positioned for strong growth in the future.
- Analysis of market-entry and market expansion strategies.
- Competitive strategies by identifying ‘who-stands-where’ in the market.
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