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Mobile Video Surveillance Market size was valued at USD 7 billion in 2023 and is estimated to register a CAGR of over 8% between 2023 and 2032. Mobile video surveillance involves the use of portable cameras and monitoring systems for real-time video capture, transmission & analysis. It offers flexible security solutions, commonly used in law enforcement, transportation, and other industries, for on-the-go monitoring. The market for mobile video surveillance is booming as a result of ongoing technological developments.
Real-time video analysis and object recognition are improved through the integration of cutting-edge technologies such as artificial intelligence, edge computing, and advanced analytics. These developments improve security system accuracy and efficiency, making mobile video surveillance a crucial component of the growing smart city and critical infrastructure landscape. Constant technological advancements result in more sophisticated and potent surveillance tools, propelling market expansion. For instance, in October 2023, Teledyne FLIR released its new FLIR FC-Series Al, the latest model in its signature Fixed Camera (FC) series. The FLIR FC-Series AI is a thermal analytics security camera that offers a reliable, cost-effective way to protect perimeters from intrusion.
Report Attribute | Details |
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Base Year: | 2023 |
Mobile Video Surveillance Market Size in 2023: | USD 7 Billion |
Forecast Period: | 2024 to 2032 |
Forecast Period 2024 to 2032 CAGR: | 8% |
2032 Value Projection: | USD 14 Billion |
Historical Data for: | 2018 to 2023 |
No. of Pages: | 250 |
Tables, Charts & Figures: | 427 |
Segments covered: | Offering, system type, application, End-use, verticals |
Growth Drivers: |
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Pitfalls & Challenges: |
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Growing awareness of public safety, while beneficial, can hinder the mobile video surveillance market as heightened sensitivity to privacy concerns may impede widespread adoption. Striking a delicate balance between security and privacy is crucial, necessitating industry players to address public apprehensions and advocate transparent & ethical use of surveillance technologies.
The market for mobile video surveillance is challenged by scalability and integration complexity, which prevent widespread adoption. Overcoming compatibility obstacles and resolving scalability issues are necessary when implementing in diverse environments and integrating with the current infrastructure. The complexity of these tasks may put off potential users, which can hinder the smooth implementation of mobile video surveillance systems.
The growing global demand for smart city initiatives is a major driving force in the mobile video surveillance industry. As urbanization grows, municipalities invest in advanced surveillance technologies to improve public safety and infrastructure management. The integration of mobile video surveillance solutions into smart city frameworks enables real-time monitoring, traffic management, and incident response.
For instance, in November 2023, Motorola Solutions unveiled the LTE-enabled V500 body camera, the newest addition to the company’s mobile video portfolio that brings critical real-time field intelligence to emergency response. The V500 body camera enables first responders to stream live video & location to the control room, giving incident managers a better understanding of events and aiding them to respond quickly & efficiently.
Furthermore, growing awareness about the benefits of video analytics and artificial intelligence is driving market growth by enabling proactive threat detection and efficient resource allocation. The expansion of 5G networks accelerates this growth by enabling high-speed, low-latency connectivity, thereby improving the capabilities of mobile video surveillance systems. The convergence of these factors establishes mobile video surveillance as a critical component in creating safer, more efficient urban environments, resulting in increased adoption & market growth.
Based on application, the market is segmented into crowd management, traffic management, incident detection, remote monitoring, and public safety. The crowd management segment held over 40% of the market share in 2023.
Based on End-use, the mobile video surveillance market is segmented into public transit, fleet management, emergency vehicles, and drones. The emergency vehicles segment is poised to expand at 9% CAGR during the forecast period.
Asia Pacific mobile video surveillance market accounted for 35% of the revenue share in 2023, because of growing infrastructures, growing security concerns, and fast urbanization. Governments in Southeast Asia, China, and India are investing heftily in smart city initiatives, driving up the demand for sophisticated surveillance systems. It is anticipated that as these countries prioritize public safety and take advantage of technological advancements, the adoption of mobile video surveillance will soar. The spread of reasonably priced mobile devices and the development of 4G & 5G networks also contribute to the Asia Pacific market expansion.
Axis Communications holds a significant share in the mobile video surveillance industry. A pioneer in network video solutions, Axis Communications specializes in mobile video surveillance through innovative products and software. The company focuses on delivering scalable & high-quality solutions, emphasizing open standards for seamless integration and compatibility within diverse surveillance ecosystems.
Major companies, such as vigilon Corporation, Hikvision, Axis Communications, Genetec, Verkada, Milestone Systems, and Hanwha Techwin (formerly Samsung Techwin), are also constantly implementing strategic measures, such as geographical expansion, acquisition, mergers, collaborations, partnerships, and product or service launches, to gain market shares.
Major companies operating in the mobile video surveillance industry are:
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Market, By Offering
Market, By System Type
Market, By Application
Market, By End-use
Market, By Verticals
The above information has been provided for the following regions and countries: