Dashboard Camera Market Segmentation Detailed Study With Forecast To 2014 - 2020
Global Dashboard Camera Market – An Overview With installation considered legal in a number of countries, dashboard cameras are set to see an increase in demand over the period 2014 to 2020 as governments allow these to be installed in state cars and insurance companies encourage their use by asking for lesser premiums for cars that have these. Trends and developments that are contributing to growth in the market are outlined below: Massive increase in road accidents and car thefts is pushing insurers to demand for dashboard cameras as they record both what is happening inside the car and outside. This helps in ensuring that fraud is not committed by vehicle owners. This is a major boost to the global dashboard camera market. 1.35 million people die in road accidents on an annual basis. Every day, 3700 people lose lives due to these. Besides, some 20-50 million suffer serious injuries that are non-fatal but lead to disabilities that maybe long term. This pushes the governments ac...