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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.