Global Video Event Data Recorder Market Is Projected To Experience Rapid Expansion From 2026 To 2030
How Does The Expected Video Event Data Recorder Market Size In 2030 Compare With Its Size In 2026? The video event data recorder market size has grown strongly in recent years. It will grow from $2.75 billion in 2025 to $2.98 billion in 2026 at a compound annual growth rate (CAGR) of 8.6%. The growth in the historic period can be attributed to rising demand for road safety solutions, increasing adoption of commercial fleets, regulatory mandates for vehicle monitoring, growth in telematics systems, advancement in onboard camera technologies. The video event data recorder market size is expected to see strong growth in the next few years. It will grow to $4.1 billion in 2030 at a compound annual growth rate (CAGR) of 8.3%. The growth in the forecast period can be attributed to integration with AI and machine learning, expansion of connected vehicle infrastructure, adoption of cloud-based data storage, growth in transportation and logistics sector, rising demand for driver behavior...