Overview and Scope
Mobile video surveillance refers to a cellular surveillance system that allows live and recorded video through an integrated motherboard within one portable housing. It helps to monitor the video in real-time. They are used to prevent theft, violence, and vandalism.
Sizing and Forecast
The mobile video surveillance market size has grown strongly in recent years. It will grow from $2.29 billion in 2023 to $2.46 billion in 2024 at a compound annual growth rate (CAGR) of 7.5%. The growth in the historic period can be attributed to integration with analytics and ai, security concerns and public safety, urbanization and infrastructure development, law enforcement and military applications, event security and crowd management..
The mobile video surveillance market size is expected to see strong growth in the next few years. It will grow to $3.34 billion in 2028 at a compound annual growth rate (CAGR) of 8.0%. The growth in the forecast period can be attributed to demand for cloud-based solutions, cost reduction and scalability, transportation and logistics management, rise in remote working and monitoring, security concerns and threats.. Major trends in the forecast period include integration with iot and edge computing, 5g connectivity and high bandwidth, cloud-based solutions and remote accessibility, mobile app integration and accessibility,hybrid surveillance solutions..
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Segmentation & Regional Insights
The mobile video surveillance market covered in this report is segmented –
1) By Offering: Hardware, Software, Service
2) By Vertical: Law Enforcement, Industrial, Military and Defense, First Responders, Transportation
3) By Application: Railways, Buses, Transport Vehicles, Police Vehicles, Drones
North America was the largest region in the mobile video surveillance market in 2023. Asia-Pacific is expected to be the fastest-growing region in the mobile video surveillance market during the forecast period. The regions covered in the mobile video surveillance market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
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Major Driver Impacting Market Growth
Rising criminal activities are expected to propel the mobile video surveillance market going forward. Criminal activities refer to an act of crime that is prohibited by criminal law and that consists of the manifestation of physical behavior or mental elements to execute the crime. It is a serious, punishable offence under the law of the state or country. Mobile video surveillance helps to find crime events in public places and also captures live public events, thus, a rise in criminal activities will accelerate the demand for mobile surveillance solutions. For instance, in November 2022, according to the New York Police Department, a US-based municipal law enforcement agency, in the USA, a total of 4,367 arrests were made for complaints of major felonies in October 2022, which was a 16.5% increase in major felonies compared to October 2021. Therefore, the rising criminal activities are driving the mobile video surveillance market.
Key Industry Players
Major companies operating in the mobile video surveillance market report are Hikvision Digital Technology Co. Ltd., Dahua Technology Co. Ltd., Axis Communications AB, Bosch Security Systems Inc., Hanwha Techwin Co. Ltd., Avigilon Corporation, Teledyne FLIR LLC, Huawei Technologies Co. Ltd., Seon Design Inc., Pro-Vigil Inc., Strongwatch Corporation, Rosco Inc., BriefCam Ltd., Uniview Technologies Co. Ltd., Agent Video Intelligence Ltd., Aditya Infotech Ltd., Genetec Inc., Safety Vision LLC, Maryland Security Professionals, Apollo Video Technology, Floatograph Technologies LLC, Maxxess Systems Inc., Evolv Technologies, DynaColor, Webgate, Motorola Solutions, Tiandy Technologies, Allegion, Dnake, Jovision, Xiamen Leading Optics Co. Ltd., Ava Group, RFHIC Corporation, Anaren Inc., Tokyo Denki Kagaku Kogyo Kabushiki Kaisha, KYOCERA AVX Corporation, Johanson Technology Inc. .
The mobile video surveillance market report table of contents includes:
1. Executive Summary
2. Mobile Video Surveillance Market Characteristics
3. Mobile Video Surveillance Market Trends And Strategies
4. Mobile Video Surveillance Market – Macro Economic Scenario
5. Global Mobile Video Surveillance Market Size and Growth
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31. Global Mobile Video Surveillance Market Competitive Benchmarking
32. Global Mobile Video Surveillance Market Competitive Dashboard
33. Key Mergers And Acquisitions In The Mobile Video Surveillance Market
34. Mobile Video Surveillance Market Future Outlook and Potential Analysis
35. Appendix
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