Mobile Video Surveillance Market Size, Share & Trends

Updated on : October 23, 2024

Mobile Video Surveillance Market Size & Growth

[250 Pages Report] The global Mobile Video Surveillance Market Size is expected to be valued at USD 2.7 Billion in 2024 and is projected to reach USD 3.9 Billion by 2029; it is expected to growing at a CAGR of 7.9% from 2024 to 2029.

Industries are undergoing digital transformations to enhance efficiency and competitiveness. Advances in camera technologies, video analytics, artificial intelligence (AI), and connectivity have significantly improved the capabilities of mobile video surveillance systems. High-resolution cameras, real-time analytics, and intelligent features contribute to the effectiveness of surveillance. The demand for real-time monitoring capabilities and remote management of video feeds contributes to the growth of mobile video surveillance industry.  

Mobile Video Surveillance Market Forecast to 2029

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Mobile Video Surveillance Market Trends & Dynamics

Driver: Rising security concerns

The escalating global security concerns, characterized by increasing threats such as terrorism, crime, and public safety issues, are a pivotal driver for the mobile surveillance market. Organizations and authorities must deploy mobile surveillance solutions to address evolving security challenges, providing real-time monitoring, enhanced situational awareness, and rapid response capabilities. The flexibility and mobility offered by mobile surveillance cater to dynamic security needs, making these systems indispensable for bolstering security measures across various sectors.

Restraint: Privacy and  security concerns regarding video data in wireless cameras

Privacy and security concerns surrounding video data in wireless cameras significantly restrain the mobile surveillance market. Users and organizations must be more cautious of potential breaches and unauthorized access to sensitive video footage, leading to hesitancy in adopting mobile surveillance solutions. The need for robust encryption, secure data transmission, and adherence to stringent privacy regulations becomes paramount to alleviate these concerns. Striking a delicate balance between effective surveillance and safeguarding individual privacy is essential for overcoming this restraint and fostering broader acceptance of mobile surveillance technologies in wireless camera systems.

Opportunity: Increasingly applications in law enforcement and emergency services

The growing applications of mobile surveillance in law enforcement and emergency services present a compelling opportunity for the market. Mobile surveillance technologies, including body-worn cameras, in-vehicle systems, and drones, are pivotal in enhancing situational awareness, evidence collection, and operational efficiency for law enforcement agencies and emergency responders. The demand for real-time video feeds, remote monitoring capabilities, and integrating these solutions into comprehensive command and control centers creates a favorable landscape for expanding mobile surveillance applications, addressing the evolving needs of public safety and crisis management.

Challenge: Highly competitive environment

The highly competitive environment poses a challenge for the mobile surveillance market as numerous vendors vie for market share. Intense competition fosters rapid technological advancements, requiring companies to innovate to stay ahead continually. This environment can lead to pricing pressures and increased costs associated with research and development, making it essential for market participants to differentiate their offerings through unique features, performance, and comprehensive solutions to maintain a competitive edge in the dynamic and evolving mobile surveillance landscape.

Mobile Video Surveillance Market Ecosystem

Leading and financially robust manufacturers with significant industry expertise dominate the mobile video surveillance market. These companies boast diverse product portfolios, advanced technologies, and robust global sales and marketing networks. Leading players in the market include Hikvision Digital Technology Co., Ltd. from China, Zhejiang Dahua Technology Co., Ltd. from China, Axis Communications AB from Sweden, Robert Bosch GmbH from Germany, Hanwha Vision Co., Ltd. from South Korea.

Mobile Video Surveillance Market Share

Based on offering, cameras for the mobile video surveillance market to hold the highest market share during the forecast period.

The mobile video surveillance market for camera offerings is experiencing significant growth due to several key factors. Firstly, technological advancements in camera technology, including higher resolutions, improved image sensors, and enhanced video analytics capabilities, contribute to the increased demand for advanced camera systems. Additionally, the rising security and public safety concerns have led to greater adoption of mobile video surveillance solutions across various sectors, further driving the need for high-quality and feature-rich cameras. The integration of artificial intelligence (AI) and machine learning in cameras, facilitating functions such as facial recognition and object detection, also plays a crucial role in the market's growth.

Based on the system, the mobile video surveillance market for IP systems to hold the highest market share during the forecast period.

The mobile video surveillance market for IP (Internet Protocol) systems is experiencing substantial growth due to the advantages of IP-based solutions. IP systems provide higher resolution, scalability, and flexibility than traditional analog systems, meeting the increasing demand for more precise and detailed video footage. The convergence of video surveillance with IT infrastructure allows for seamless integration, enabling remote monitoring and real-time access to video feeds. Additionally, the adoption of advanced analytics, cloud storage options, and compatibility with mobile devices further enhances the appeal of IP-based mobile video surveillance systems, contributing to their accelerated growth in the market.

Based on application, the mobile video surveillance market for public transit applications to hold the highest market share during the forecast period.

The mobile video surveillance market for public transit applications is experiencing significant growth due to a heightened emphasis on passenger safety, security, and operational efficiency within the public transportation sector. Mobile video surveillance systems play a crucial role in deterring criminal activities, investigating incidents, and ensuring the overall well-being of passengers. The integration of advanced technologies, such as high-resolution cameras, real-time monitoring capabilities, and analytics, not only enhances security measures but also contributes to optimizing transit operations. As transit authorities globally prioritize implementing comprehensive security solutions, the demand for mobile video surveillance in public transit applications continues to rise.

Based on vertical, mobile video surveillance for transportation to hold the highest market share during the forecast period.

The mobile video surveillance market for the transportation vertical is experiencing substantial growth driven by the increasing need for enhanced safety, security, and operational efficiency. Mobile surveillance solutions, deployed in vehicles, trains, and other transportation modes, provide real-time monitoring, incident investigation capabilities, and deterrence against criminal activities. With advancements in camera technologies, connectivity, and analytics, transportation authorities seek comprehensive surveillance systems to address evolving security challenges and improve overall transit management. The heightened focus on passenger safety, asset protection, and regulatory compliance fuels continued the mobile video surveillance market growth within the transportation sector.

Mobile Video Surveillance Market Regional Analysis

Mobile video surveillance market in Asia Pacific to hold the highest market share during the forecast period.

The mobile video surveillance market in the Asia-Pacific region is experiencing robust growth due to a convergence of factors. Rapid urbanization, increasing concerns about public safety, and the expansion of smart city initiatives drive the demand for mobile video surveillance solutions. Additionally, the region's growing transportation infrastructure, technological advancements, and rising security awareness further accelerate adoption. As governments and industries in the Asia-Pacific prioritize comprehensive security measures, the mobile video surveillance market witnesses increased deployment across various sectors, contributing to its notable growth in the region.

Mobile Video Surveillance Market Statistics by Region

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Top Mobile Video Surveillance Companies: Key players

The mobile video surveillance companies is dominated by players such as

• Hikvision Digital Technology Co., Ltd. (China),
• Zhejiang Dahua Technology Co., Ltd. (China),
• Axis Communications AB (Sweden),
• Robert Bosch GmbH (Germany),
• Hanwha Vision Co., Ltd. (South Korea),  and others.

Mobile Video Surveillance Market Report Scope

Mobile Video Surveillance Market Highlights

The study categorizes the Mobile video surveillance market based on the following segments:

Recent Developments in Mobile Video Surveillance Industry

• In November 2023, Dahua launched the Dahua Wireless Series, which offers flexible, compact, and wireless cameras ideal for small and medium-sized applications. They can be managed and operated over cell phone networks using the Dahua Mobile Security Surveillance (DMSS) app or via WiFi via the Dahua Security System (DSS) video management system, providing end-users with professional remote surveillance management platforms.
• In November 2023, Axis Communications announced a new series of next-generation bullet cameras: AXIS Q18 Series. These cameras detect and classify moving objects using AXIS Object Analytics.
• In November 2023, Hanwha Vision announced the release of its latest innovation, the NDAA-compliant X Series NVRs. NVR supports AI search features, allowing users to search for specific individuals based on gender, age, hat, bag, clothing color, and vehicles based on vehicle types and colors.
• 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 integrates with Motorola Solutions’ ecosystem of technologies, from radio and in-car video systems to control room solutions.
• In October 2023, Teledyne FLIR announced the release of its new FLIR FC-Series AI, the latest model in its signature fixed camera (FC) series. The FC-Series AI is a thermal security camera with onboard AI analytics that accurately classifies humans and vehicles for early intrusion detection for perimeter protection and remote site monitoring.
• In October 2023, BriefCam announced the release of bundled software and hardware offerings that unlock the value of video surveillance for companies and communities of all sizes. The BriefCam Compact and BriefCam Grow hardware and software bundles are packaged for easy implementation by BriefCam’s extensive channel partner network and optimized for BriefCam Insights video analytics software, which drives video search, alerting, and data visualization through a complete and comprehensive video analysis platform.
• In April 2023, Hikvision released five new cameras leveraging its Colorvu technology designed for effective high-quality color images day or night. This camera line offers outstanding 24/7 color imaging paired with Hikvision’s AI-driven intelligent event detection that can trigger visible, audible, and network alarms in response to events of interest.

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