AI Dash Cam Market Trends and Forecast
The future of the global AI dash cam market looks promising with opportunities in the passenger vehicle and commercial vehicle markets. The global AI dash cam market is expected to grow with a CAGR of 26.8% from 2024 to 2030. The major drivers for this market are increasing demand for road safety & accident prevention measures and growing adoption of fleet management solutions for monitoring driver behavior.
• Lucintel forecasts that on the network edge AI processing is expected to witness the highest growth over the forecast period.
• Within this market, passenger vehicle is expected to witness the higher growth.
• APAC is expected to witness the highest growth over the forecast period.
Country Wise Outlook for the AI Dash Cam Market
• United States: Companies like Tesla and Waymo are integrating AI-powered dash cams into their autonomous vehicles for enhanced safety and data collection. The government aims to mandate AI-driven safety features in all new vehicles by 2025.
• China: Huawei and Xiaomi are launching AI dash cams with advanced features like driver fatigue detection and real-time alerts. The Chinese government encourages AI adoption in vehicles to reduce accidents and improve road safety.
• Germany: Bosch and Continental are developing AI dash cam solutions with focus on vehicle-to-vehicle communication for accident prevention. The governmentÄX%$%Xs targets include reducing road fatalities by 50% through AI-driven safety technologies by 2030.
A more than 150-page report is developed to help in your business decisions. Sample figures with some insights are shown below.
AI Dash Cam Market by Segment
The study includes a forecast for the global AI dash cam market by type, application, and region.
AI Dash Cam Market by Type [Value from 2018 to 2030]:
• On the Network Edge AI Processing
• In the Cloud AI Processing
• Edge-to-Cloud Implementation AI Processing
AI Dash Cam Market by Application [Value from 2018 to 2030]:
• Passenger Vehicle
• Commercial Vehicle
• Others
AI Dash Cam Market by Region [Value from 2018 to 2030]:
• North America
• Europe
• Asia Pacific
• The Rest of the World
List of AI Dash Cam Companies
Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies AI dash cam companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the AI dash cam companies profiled in this report include-
• Nauto
• Samsara
• KeepTruckin
• Viatech
• Nexar
• Magic Earth
• AnyConnect
• MiX Vision
• Azuga
• Lytx
Recent Development in the AI Dash Cam Market
• Tesla: Introduced AI-powered dash cams with advanced driver-assist features, utilizing neural networks for real-time object detection and collision avoidance.
• Waymo: Deployed AI dash cams in their autonomous vehicles, incorporating machine learning algorithms for improved decision-making and navigation in complex driving scenarios.
• Huawei: Launched an AI-driven dash cam system integrated with their smart vehicle solutions, offering features like lane departure warnings and intelligent cruise control.
• Bosch: Developed AI dash cam technology with predictive analytics capabilities, enabling proactive maintenance alerts and optimizing vehicle performance based on real-time data analysis.
• Xiaomi: Introduced affordable AI dash cams for mainstream consumers, focusing on high-resolution video recording and cloud-based AI processing for enhanced security and convenience.
Features of the Global AI Dash Cam Market
Market Size Estimates: AI dash cam market size estimation in terms of value ($B).
Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.
Segmentation Analysis: AI dash cam market size by type, application, and region in terms of value ($B).
Regional Analysis: AI dash cam market breakdown by North America, Europe, Asia Pacific, and Rest of the World.
Growth Opportunities: Analysis of growth opportunities in different types, applications, and regions for the AI dash cam market.
Strategic Analysis: This includes M&A, new product development, and competitive landscape of the AI dash cam market.
Analysis of competitive intensity of the industry based on Porter’s Five Forces model.
FAQ
Q1. What is the growth forecast for AI dash cam market?
Answer: The global AI dash cam market is expected to grow with a CAGR of 26.8% from 2024 to 2030.
Q2. What are the major drivers influencing the growth of the AI dash cam market?
Answer: The major drivers for this market are increasing demand for road safety & accident prevention measures and growing adoption of fleet management solutions for monitoring driver behavior.
Q3. What are the major segments for AI dash cam market?
Answer: The future of the AI dash cam market looks promising with opportunities in the passenger vehicle and commercial vehicle markets.
Q4. Who are the key AI dash cam market companies?
Answer: Some of the key AI dash cam companies are as follows:
• Nauto
• Samsara
• KeepTruckin
• Viatech
• Nexar
• Magic Earth
• AnyConnect
• MiX Vision
• Azuga
• Lytx
Q5. Which AI dash cam market segment will be the largest in future?
Answer: Lucintel forecasts that on the network edge AI processing is expected to witness the highest growth over the forecast period.
Q6. In AI dash cam market, which region is expected to be the largest in next 5 years?
Answer: APAC is expected to witness the highest growth over the forecast period.
Q7. Do we receive customization in this report?
Answer: Yes, Lucintel provides 10% customization without any additional cost.
This report answers following 11 key questions:
Q.1. What are some of the most promising, high-growth opportunities for the AI dash cam market by type (on the network edge AI processing, in the cloud AI processing, and edge-to-cloud implementation AI processing), application (passenger vehicle, commercial vehicle, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
Q.2. Which segments will grow at a faster pace and why?
Q.3. Which region will grow at a faster pace and why?
Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
Q.5. What are the business risks and competitive threats in this market?
Q.6. What are the emerging trends in this market and the reasons behind them?
Q.7. What are some of the changing demands of customers in the market?
Q.8. What are the new developments in the market? Which companies are leading these developments?
Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?
For any questions related to AI Dash Cam Market, AI Dash Cam Market Size, AI Dash Cam Market Growth, AI Dash Cam Market Analysis, AI Dash Cam Market Report, AI Dash Cam Market Share, AI Dash Cam Market Trends, AI Dash Cam Market Forecast, AI Dash Cam Market Companies, write Lucintel analyst at email: helpdesk@lucintel.com. We will be glad to get back to you soon.