Market Overview:
The global video event data recorder market is expected to grow at a CAGR of 10.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for video event data recorders in passenger cars and commercial vehicles. Additionally, the increasing awareness about safety among consumers is also contributing to the growth of this market. The global video event data recorder market can be segmented on the basis of type into flash card and cloud data storage. The flash card segment is expected to account for a larger share of the global video event data recorder market than the cloud storage segment during the forecast period from 2018 to 2030.
Product Definition:
A video event data recorder is a device that records video footage of an incident. This footage can be used as evidence in court or for other purposes. The importance of a video event data recorder is that it provides visual evidence of an incident. This can be helpful in determining what happened during the incident and who was involved.
Flash Card:
A flash card is a small memory device used to store data temporarily. It is available in different forms such as a micro-chip, an IC, and a smart card. The data on the flash cards are organized in groups called frames. Each frame consists of information about one video event which can be audio or video related events such as menu selection or program start and end credits etc.
Cloud Data Storage:
Cloud data storage is a service that allows users to store their data on remote servers using the Internet as a medium. Cloud services are provided by various vendors including video event data recorder (VEDR) providers, backup software vendors, and content delivery network (CDN) providers. The cloud acts as an intermediary between the user and the stored information; it does not keep any copies of information itself.
Application Insights:
The global video event data recorder market is segmented based on application into passenger cars, commercial vehicles and others. The passenger car segment held the largest share in 2017. This can be attributed to the rising number of consumers opting for personal vehicles over public transport or other modes of transportation such as bicycles and walkers. Furthermore, increasing penetration of smartphones has also led to a significant increase in mobile traffic which subsequently increases the risk of accidents caused by driver distraction at workstations or while trying to make a call on cell phones while driving a vehicle. As per WHO, approximately 1 million deaths occur every year due to road traffic crashes globally with around 40% occurring in low- and middle-income countries respectively.
Regional Analysis:
North America dominated the global market in 2017. The region is expected to maintain its position over the forecast period. This can be attributed to increasing adoption of video event data recorders by fleet operators and insurance companies for tracking vehicles and their usage, along with stringent government regulations for vehicle safety systems installation. Moreover, growing demand for advanced driver assistance systems (ADAS) that include forward collision warning and automatic emergency braking in passenger cars is anticipated to drive regional growth over the next eight years.
Asia Pacific is estimated to witness significant growth during the forecast period owing to rising number of road accidents in economies such as India, China, Japan, Australia etc., which has led insurance companies or rental service providers or both involved in covering damages caused from these accidents.
Growth Factors:
- Increasing demand for video data recorder in automotive sector for safety and security purpose
- Rising trend of using video data recorder for insurance claims
- Proliferation of advanced features in video event data recorder products
- Growing popularity of cloud-based video event data recorder solutions
- Emergence of new applications for video event data recorder
Scope Of The Report
Report Attributes
Report Details
Report Title
Video Event Data Recorder Market Research Report
By Type
Flash Card, Cloud Data Storage
By Application
Passenger Cars, Commercial Vehicles
By Companies
Digital Ally, Octo Telematics, WatchGuard Video, L-3 Mobile-Vision, COBAN Technologies, Omnitracs, Safety Vision, Convoy Technologies, Digital Ally
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
156
Number of Tables & Figures
110
Customization Available
Yes, the report can be customized as per your need.
Global Video Event Data Recorder Market Report Segments:
The global Video Event Data Recorder market is segmented on the basis of:
Types
Flash Card, Cloud Data Storage
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Passenger Cars, Commercial Vehicles
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Digital Ally
- Octo Telematics
- WatchGuard Video
- L-3 Mobile-Vision
- COBAN Technologies
- Omnitracs
- Safety Vision
- Convoy Technologies
- Digital Ally
Highlights of The Video Event Data Recorder Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Flash Card
- Cloud Data Storage
- By Application:
- Passenger Cars
- Commercial Vehicles
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Video Event Data Recorder Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Video Event Data Recorder (VIDR) is a Windows 10 feature that records video from your computer's webcam and saves the footage to an .MOV file. You can use VIDR to capture moments during your day-to-day activities, such as when you're talking on the phone, streaming a movie, or working on a project. You can also use VIDR to record events like birthdays or weddings. When you're done recording, you can share the videos with family and friends using email or social media platforms.
Some of the key players operating in the video event data recorder market are Digital Ally, Octo Telematics, WatchGuard Video, L-3 Mobile-Vision, COBAN Technologies, Omnitracs, Safety Vision, Convoy Technologies, Digital Ally.
The video event data recorder market is expected to register a CAGR of 10.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Video Event Data Recorder Market Overview 4.1 Introduction 4.1.1 Market Taxonomy 4.1.2 Market Definition 4.1.3 Macro-Economic Factors Impacting the Market Growth 4.2 Video Event Data Recorder Market Dynamics 4.2.1 Market Drivers 4.2.2 Market Restraints 4.2.3 Market Opportunity 4.3 Video Event Data Recorder Market - Supply Chain Analysis 4.3.1 List of Key Suppliers 4.3.2 List of Key Distributors 4.3.3 List of Key Consumers 4.4 Key Forces Shaping the Video Event Data Recorder Market 4.4.1 Bargaining Power of Suppliers 4.4.2 Bargaining Power of Buyers 4.4.3 Threat of Substitution 4.4.4 Threat of New Entrants 4.4.5 Competitive Rivalry 4.5 Global Video Event Data Recorder Market Size & Forecast, 2020-2028 4.5.1 Video Event Data Recorder Market Size and Y-o-Y Growth 4.5.2 Video Event Data Recorder Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Flash Card
5.2.2 Cloud Data Storage
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Passenger Cars
6.2.2 Commercial Vehicles
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Video Event Data Recorder Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Video Event Data Recorder Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Flash Card
9.6.2 Cloud Data Storage
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Passenger Cars
9.10.2 Commercial Vehicles
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Flash Card
10.6.2 Cloud Data Storage
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Passenger Cars
10.10.2 Commercial Vehicles
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Flash Card
11.6.2 Cloud Data Storage
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Passenger Cars
11.10.2 Commercial Vehicles
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Flash Card
12.6.2 Cloud Data Storage
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Passenger Cars
12.10.2 Commercial Vehicles
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Flash Card
13.6.2 Cloud Data Storage
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Passenger Cars
13.10.2 Commercial Vehicles
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Video Event Data Recorder Market: Competitive Dashboard
14.2 Global Video Event Data Recorder Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Digital Ally
14.3.2 Octo Telematics
14.3.3 WatchGuard Video
14.3.4 L-3 Mobile-Vision
14.3.5 COBAN Technologies
14.3.6 Omnitracs
14.3.7 Safety Vision
14.3.8 Convoy Technologies
14.3.9 Digital Ally