DVR-Dashcams: The £3 Billion Market Driving IoT Fleet Innovation

Dashcam’s are quickly becoming a critical tool for fleet operators, insurers, and even governments and the market figures prove it.

In 2023, the global DVR-Dashcam market was valued at around USD 0.40 billion. By 2032, its forecast to hit $3.72 billion (USD) which is a staggering annual growth rate of nearly 30%. This isn’t a market that’s slowly creeping up, its skyrocketing.

Europe’s Head Start

Europe currently leads the world, holding just over 48% of the DVR-Dashcam market. Strong regulatory frameworks, early adoption of connected vehicle tech, and a focus on road safety have made the continent a perfect proving ground for advanced dashcam solutions but that doesn’t mean that this isn’t growing in other areas too. In fact the North American market according to, Credence Research is valued at USD 1,162.74 million in 2023 and is expected to reach USD 3,330.57 million by 2032, growing at a CAGR of 12.40%.

Why This Growth Matters

For manufacturers of DVR-Dashcams, this surge in demand represents a huge commercial opportunity, but also a technical challenge. Scaling connected devices globally isn’t as simple as plugging in a SIM card and shipping a unit. Regulations differ. Connectivity standards vary. Compliance headaches emerge.

The IoT Factor

At the centre of it all is connectivity. Without robust, reliable IoT networks, these dashcams can’t deliver their full potential; whether that’s streaming incident footage to insurers, logging GPS data for compliance, or integrating with fleet management systems.

The takeaway? The DVR-Dashcam market is growing fast, and the winners will be the ones who are able to master IoT connectivity at a global scale.

Why OV is Your Edge in the Growing Dashcam Market

The DVR-Dashcam market is becoming more competitive and only those that are set up with a future proof plan will keep up. With OV’s global coverage, eUICC-ready SIMs and our very own centralised management platform that has been custom-built and developed in-house, OV ONE, you can deploy at scale without borders slowing you down.

Ready to take advantage of the opportunity? Click here to see how we make cross-regional DVR-Dashcam rollouts simple or click here to speak to a member of our team.

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