With the emergence and long-term Impact of COVID-19, Global Mobile Video Surveillance Market to reach USD 4.68 Billion by 2030
Bizwit Research & Consulting LLP’s recent analysis on the Global Mobile Video Surveillance Market points towards a potential rise to USD 4.68 Billion by 2030. Mobile video surveillance is the method of using mobile devices, such as cars or drones, to record and transmit video footage. mobile video surveillance has gained high traction in numerous application areas, including transportation, industry, military and barrier, and law enforcement.
Users are able to see and monitors cameras remotely from any location using mobile video surveillance by using a reliable online connection and a mobile device. This form of surveillance is frequently utilized in public places including streets, parks and schools in order to prevent crime and ensure public safety. Mobile video surveillance can also be used to protect property and assets in private situations, such as offices and houses. The market growth is being driven by the factors such as growing adoption of software analytics and AI in mobile video monitoring, surging use of smart devices for wireless remote monitoring, growing integration of mobile video surveillance with access control and alarm systems.
Geographically, the global Mobile Video Surveillance market has been segmented into North America, Europe, Asia Pacific (APAC), Latin America, and Middle East and Africa (MEA). North America dominated the market in 2022 with largest market share owing to the increasing crime rates, surging installation of surveillance equipment, and rising inclination towards increasing demand for cloud-based mobile video surveillance solutions. Whereas, Asia Pacific is expected to grow at the highest CAGR over the forecasting years. The growing demand for smart and flexible mobile video surveillance solutions, and rising adoption of mobile video surveillance systems in the transportation sector are significantly propelling the market demand across the region.
The global Mobile Video Surveillance market is highly competitive owing to the presence of several key players such as Hangzhou Hikvision Digital Technology Co., Ltd. (China) Dahua Technology Co., Ltd. (China) Axis Communications AB (Sweden) Bosch Security and Safety Systems GmbH (Germany) Hanwha Techwin Co., Ltd. (South Korea) Avigilon Corporation (Canada) Teledyne FLIR Systems, Inc. (US) Briefcam, Inc. (US) Pelco Technologies, Inc. (US) Uniview Technologies Co., Ltd. (China) and others.
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Key findings of the study suggest:
- Global Mobile Video Surveillance Market is anticipated to grow with a healthy growth rate of more than 8.7% over the forecast period 2023-2030.
- In the Offering segment, Hardware emerged out as the leading market segment in 2022.
- North America is anticipated to drive regional growth owing to the increasing crime rates, surging installation of surveillance equipment, and rising inclination towards increasing demand for cloud-based mobile video surveillance solutions.
- Asia Pacific is expected to grow at higher rate followed by Europe during 2023-2030.
Bizwit Research & Consulting has considered following segments for the study:
By Offering:
- Hardware
- Software
- Service
By Application:
- Railways
- Buses
- Transport Vehicles
- Police Vehicles
- Drones
By Vertical:
- Law Enforcement
- Industrial
- Military & Defense
- First Responders
- Transportation
Regional Outlook
- North America
- US
- Canada
- Europe
- UK
- Germany
- France
- Spain
- Italy
- ROE
- Asia Pacific
- China
- India
- Japan
- Korea
- Australia
- RoAPAC
- Latin America
- Brazil
- Mexico
- Rest of Latin America
- Middle East & Africa
- Saudi Arabia
- South Africa
- Rest of Middle East & Africa
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