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Mobile Video Surveillance Market Size

Report ID: GMI8083
Published Date: Dec 2024
Report Format: PDF

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Mobile Video Surveillance Market Size

The global mobile video surveillance market size was valued at USD 2.6 billion in 2023 and is estimated to register a CAGR of 8.2% between 2024 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.

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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.

Mobile Video Surveillance Market Report Attributes
Report Attribute	Details
Base Year:	2023
Mobile Video Surveillance Market Size in 2023:	USD 2.6 Billion
Forecast Period:	2024 to 2032
Forecast Period 2024 to 2032 CAGR:	8.2%
2032 Value Projection:	USD 5.3 Billion
Historical Data for:	2021 to 2023
No. of Pages:	250
Tables, Charts & Figures:	427
Segments covered:	Offering, system type, application, End-use, verticals
Growth Drivers:	Growing security concerns Rising awareness of public safety Increasing technological advancements Growing accessibility of high-speed connectivity Surge in demand for remote monitoring
Pitfalls & Challenges:	Data security risks Scalability and integration complexity

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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.

Authors: Suraj Gujar, Sandeep Ugale

Frequently Asked Questions (FAQ) :

The market size of mobile video surveillance reached USD 2.6 billion in 2023 and is set to grow at a CAGR of 8.2% from 2024 to 2032, driven by increasing technological advancements and rising security concerns.

The emergency vehicles segment is expected to grow at a CAGR of over 9% during the forecast period, as real-time video feeds enhance situational awareness and operational efficiency for police, fire, and medical responders.

Asia Pacific held over 35% of the market share in 2023, fueled by rapid urbanization, growing infrastructure, and significant investments in smart city initiatives by governments in China, India, and Southeast Asia.

The key players in the industry include Axis Communications, Dahua Technology, Hexagon AB, Hanwha Vision America, Hikvision, Pelco, Salient Systems, and Infinova.