Latest Study - Dashboard Camera Market Share, Growth Prospects To 2022: Grand View Research, Inc.
Grand View Research.com has announced the addition of "Dashboard Camera Market Analysis and Segment Forecasts To 2022" Market Research report to their Database.
The global dashboard camera market size is expected to reach USD 1.84 billion by 2022 according to a new report by Grand View Research, Inc. Favorable government initiatives and rising demand for vehicular safety are expected to boost global dashboard camera market growth.The industry is expected to witness an upsurge in demand for dashcams in passenger and commercial vehicles by positively driving industry growth over the forecast period.
Dashcams facilitate in recording video footage of road accidents and other untoward incidents through windshield and assist in collecting evidences to be used in case of impending legal actions. These legitimate evidences can be produced in courts in matter of disputes against the offenders.
Increasing acts of vandalism, car thefts, and wreckages are presumed to trigger the demand for automotive surveillance systems. Dashcams provide automotive surveillance even in the absence of driver and in parking mode.
However, several countries in the European region such as Switzerland and Austria are facing bans on use of dashcams. Violation of privacy and vulnerability towards unethical hacking have hampered the reliability of such in-car DVR systems.
Browse full research report on Global Dashboard Camera Market: http://www.grandviewresearch.com/industry-analysis/dashboard-camera-market
Further key findings from the report suggest:
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Grand View Research has segmented the global dashboard camera market on the basis of technology, product, video quality, and region:
Dashboard Camera Technology Outlook (Revenue, USD Million, 2012 – 2022)
Dashboard Camera Product Outlook (Revenue, USD Million, 2012 – 2022)
Dashboard Camera Video Quality Outlook (Revenue, USD Million, 2012 – 2022)
Browse more reports of this category by Grand View Research: http://www.grandviewresearch.com/industry/automotive-and-transportation
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