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Mobile Video Surveillance Market Trends

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

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Mobile Video Surveillance Market Trends

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.

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.