GLOBAL CAR DASHCAM MARKET ANALYSIS

Market Challenges And Opportunities

Global Car Dashcam Market: Restraint

A major factor expected to hinder growth of the global market is the stringent laws imposed against the use of dashcams in certain countries. The use of dashboard cameras is forbidden by law and considered as a violation of privacy in certain European countries such as Austria, Belgium, and Switzerland and heavy fines are charged on violators, thus restraining growth of the market. For instance, according to Belgian Camera Act of March 2007, regulating the installation and use of surveillance cameras in private places that are accessible to the public, are liable to be reported.