Dash Cameras doing well
There are eight million mobile phones in Singapore, far more than there are residents.
That means more cameras, more pictures and more videos like never before.
But this has not stopped people from buying cameras for their cars too, says Mr Gary Chia, 44, product manager of dash camera company Blackvue.
Sales of Blackvue's dash cameras have been steadily rising by 30 per cent annually for the past five years.
Mr Chia says: "Cars are not cheap in Singapore. The first instinct of Singaporeans will be to find some way to protect it.
"It is just in our nature to want to get insurance for our expensive purchases.
"Even before they leave the showrooms or collect their cars, Singaporeans will want to have their cars protected."
But this behaviour is not confined to individual car owners.
Mr Chia says that dash cameras have become the "new normal" for business and organisations that use vehicles and have drivers.
He claims that Blackvue even supplies cameras to security agencies.
"We are constantly finding ways to improve and make (dash cams) better," he says, adding that dash cameras now can work like CCTV and upload footage to the cloud.
"Videos are a protective tool unlike any other.
"Singaporeans are a bit kiasu, so they'll always need them."