Lucintel’s latest market report analyzed that global vehicle surveillance provides attractive opportunities in the passenger car and commercial vehicle industries. The global vehicle surveillance market is expected to reach $75.2 billion by 2025 with a CAGR of 10.6%. In this market, passenger car is the largest segment by vehicle type, whereas under vehicle surveillance system (UVSS) is largest by type. The advanced video surveillance as a service (VSAAS) solutions for out-vehicle surveillance and increasing use of high definition camera provides strategic growth path in this market.
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Based on in-vehicle surveillance market by vehicle type, the global vehicle surveillance market is segmented into passenger car and commercial vehicle. The passenger car segment is accounted for the largest share of the market in 2020 due to the increasing demand for premium cars and commercial vehicle is expected to register the highest CAGR during the forecast period supported by increasing demand for vehicle tracking and information system.
Browse in-depth TOC on “Global Vehicle Surveillance Market”
70 – Tables
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176 – Pages
The global vehicle surveillance market is marked by the presence of several big and small players. Some of the prominent players offering global vehicle surveillance include Robert Bosch GmbH, Delphi Automotive PLC, Continental AG, Magna International Inc. and Comm-Port Technologies.
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