Mobile Video Surveillance Market Size, Share, Statistics and Industry Growth Analysis Report by Offering (Cameras, Monitors, Storage Devices, Accessories, Software, VSaaS), System (IP, Analog), Application (Public Transit, Fleet Management, Emergency Vehicles, Drones), Vertical & Region - Global Forecast to 2029
[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 grow 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 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.
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 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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Key Market 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
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Report Metric |
Details |
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Market size available for years |
2020-2029 |
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Base year considered |
2023 |
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Forecast period |
2024-2029 |
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Forecast units |
Value (USD Million) |
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Segments Covered |
By Offering, By System, By Application, and By Vertical |
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Geographies covered |
North America, Europe, Asia Pacific, and RoW |
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Companies covered |
The major market players include Hangzhou 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), Vivotek Inc. (Taiwan), Motorola Solutions, Inc. (US), Teledyne FLIR LLC (US), BriefCam Ltd (US), Zhejiang Uniview Technologies Co., Ltd. (China). (Total 25 players are profiled) |
Mobile Video Surveillance Market Highlights
The study categorizes the Mobile video surveillance market based on the following segments:
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Segment |
Subsegment |
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By Offering |
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By System |
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By Application |
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By Vertical |
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By Region |
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Recent Developments
- 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.
Frequently Asked Questions:
What are the major driving factors and opportunities in the mobile video surveillance market?
Some of the major driving factors for the growth of this market include Rising security concerns, Rapid urbanization and the expansion of smart cities, Increasing demand for real-time monitoring, Rise in remote monitoring and cloud-based solutions. Moreover, Increased use of smart devices for wireless remote monitoring, Integration of mobile video surveillance with access control and alarm systems, and Increasing applications in law enforcement and emergency services are some of the critical opportunities for the mobile video surveillance market.
Which region is expected to hold the highest market share?
Rapid urbanization in the Asia Pacific region, coupled with the implementation of smart city initiatives, is driving the demand for mobile video surveillance. These solutions ensure public safety, traffic management, and overall urban security. Advances in camera technologies, connectivity options, and cost-effective solutions make mobile video surveillance more accessible to a broader range of industries and applications in the Asia Pacific region.
Who are the leading players in the global mobile video surveillance market?
Companies 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) are the leading players in the market. Moreover, these companies rely on strategies that include new product launches and developments, partnerships and collaborations, and acquisitions. Such advantages give these companies an edge over other companies in the market.
What are some of the technological advancements in the market?
Technological advancements in the mobile video surveillance market have been transformative, marked by integrating cutting-edge technologies such as high-resolution cameras, artificial intelligence (AI), and advanced analytics. These innovations enable real-time video analysis, object recognition, and facial identification, enhancing the accuracy and efficiency of surveillance systems. Additionally, the adoption of 5G connectivity ensures faster data transfer, enabling seamless remote monitoring and quicker response times. The convergence of mobile video surveillance with Internet of Things (IoT) devices further contributes to creating intelligent, interconnected ecosystems, making these systems more sophisticated, versatile, and effective in addressing evolving security challenges across various sectors.
What is the impact of the global recession on the market?
The anticipated economic downturn and escalating inflation in 2023 are likely to have a negative effect on the mobile video surveillance sector. The industry's growth is closely tied to the manufacturing and sale of various semiconductor devices, such as image sensors, processors, and memory storage, essential components of mobile video surveillance systems. As inflation, interest rates, and unemployment rates rise, the demand for mobile video surveillance solutions among both consumers and enterprises is expected to decrease. This, in turn, will impact production and investment on a global scale. Due to the recession, verticals such as industrial, military & defense, and transportation using mobile video surveillance would have low CAPEX spending for mobile video surveillance-based solution development.
Inflation can also affect the cost of raw materials and components used to produce Mobile video surveillance. For example, suppose the cost of certain metals or plastics in manufacturing increases. In that case, the cost of producing Mobile video surveillance will also increase, leading to higher consumer prices. This may lead to a decline in demand, particularly among budget-conscious consumers who may opt for cheaper alternatives or delay purchasing a Mobile video surveillance altogether.
The adoption of mobile video surveillance across various industries hinges largely on the capital expenditures (CAPEX) allocated by organizations for the construction, renovation, or enhancement of their technological solutions. The recession exerts an impact on both the extent of CAPEX spending and a company's sales and profitability. There is no guarantee that ongoing capital spending will persist, and there is a possibility of a reduction in spending amid the economic downturn. This, in turn, is likely to impede the uptake of devices based on mobile video surveillance in industrial and transportation settings.
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The study involved four major activities in estimating the current size of the mobile video surveillance market. Exhaustive secondary research was done to collect information on the market, peer market, and parent market. The next step was to validate these findings, assumptions, and sizing with industry experts across the value chain through primary research. Both top-down and bottom-up approaches were employed to estimate the complete market size. After that, market breakdown and data triangulation were used to estimate the market size of segments and subsegments.
Secondary Research
Secondary sources for this research study included corporate filings (such as annual reports, investor presentations, and financial statements); trade, business, and professional associations; white papers; certified publications; articles by recognized authors; directories; and databases. The secondary data was collected and analyzed to determine the overall market size, further validated through primary research.
List of major secondary sources
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SOURCE |
WEB LINK |
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Federal Communications Commission (FCC) |
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National Institute of Standards and Technology (NIST) |
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Ministry of Electronics and Information Technology (MeitY) |
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Ministry of Industry and Information Technology (MIIT) |
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Ministry of Internal Affairs and Communications (MIC) |
Primary Research
Extensive primary research was conducted after gaining knowledge about the current scenario of the Mobile video surveillance market through secondary research. Several primary interviews were conducted with experts from both demand and supply sides across four major regions—North America, Europe, Asia Pacific, and RoW. This primary data was collected through questionnaires, emails, and telephonic interviews.
To know about the assumptions considered for the study, download the pdf brochure
Market Size Estimation
Both top-down and bottom-up approaches were used to estimate and validate the size of the Mobile video surveillance market and its various dependent submarkets. The key players in the market were identified through secondary research, and their market share in the respective regions was determined through primary and secondary research. This entire procedure involved the study of annual and financial reports of top players and extensive interviews with industry leaders such as chief executive officers (CEOs), vice presidents (VPs), directors, and marketing executives. All percentage shares and breakdowns were determined using secondary sources and verified through primary sources. All the possible parameters that affect the markets covered in this research study were accounted for, viewed in extensive detail, verified through primary research, and analyzed to obtain the final quantitative and qualitative data. This data was consolidated and supplemented with detailed inputs and analysis from MarketsandMarkets and presented in this report.
Bottom-Up Approach
The bottom-up approach was used to arrive at the overall size of the Mobile video surveillance market from the revenues of the key players and their shares in the market. The overall market size was calculated based on the revenues of the key players identified in the market.
- Identifying various applications using or expected to implement Mobile video surveillance
- Analyzing each vertical, along with the major related companies and Mobile video surveillance providers
- Estimating the Mobile video surveillance market for verticals
- Understanding the demand generated by companies operating across different verticals
- Tracking the ongoing and upcoming implementation of projects based on Mobile video surveillance technology by vertical and forecasting the market based on these developments and other critical parameters
- Carrying out multiple discussions with the key opinion leaders to understand the type of Mobile video surveillance products designed and developed vertically. This information would help analyze the breakdown of the scope of work carried out by each major company in the Mobile video surveillance market
- Arriving at the market estimates by analyzing Mobile video surveillance companies as per their countries and subsequently combining this information to arrive at the market estimates by region
- Verifying and cross-checking the estimates at every level through discussions with the key opinion leaders, including CXOs, directors, and operations managers, and finally with domain experts at MarketsandMarkets
- Studying various paid and unpaid sources of information, such as annual reports, press releases, white papers, and databases
Top-Down Approach
In the top-down approach, the overall market size has been used to estimate the size of the individual markets (mentioned in the market segmentation) through percentage splits from secondary and primary research.
To calculate the market size of specific segments, the most appropriate immediate parent market size has been used to implement the top-down approach. The top-down approach was implemented for the data extracted from the secondary research to validate the market size obtained.
The market share of each company was estimated to verify the revenue shares used earlier in the top-down approach. The overall parent market size and individual market sizes were determined and confirmed in this study by the data triangulation method and the validation of data through primaries. The data triangulation method used in this study is explained in the next section.
- Focusing on top-line investments and expenditures being made in the ecosystems of various verticals.
- Building and developing the information related to the market revenue generated by key Mobile video surveillance manufacturers
- Conducting multiple on-field discussions with the key opinion leaders involved in the development of Mobile video surveillance products in various applications
- Estimating geographic splits using secondary sources based on various factors, such as the number of players in a specific country and region, the offering of Mobile video surveillance, and the level of solutions offered in verticals
- The impact of the recession on the steps mentioned above has also been considered.
Data Triangulation
After arriving at the overall market size from the estimation process explained above, the overall market has been split into several segments and subsegments. To complete the overall market engineering process and arrive at the exact statistics for all segments and subsegments, the data triangulation procedure has been employed wherever applicable. The data has been triangulated by studying various factors and trends from both the demand and supply sides. Along with this, the market size has been validated using top-down and bottom-up approaches.
Market Definition
Mobile video surveillance refers to a diverse set of specialized activities and support functions that facilitate the smooth functioning, maintenance, and enhancement of industrial processes and facilities. These services are integral to optimizing operational efficiency, ensuring compliance with regulatory standards, and addressing the complex needs of industrial sectors.
Key Stakeholders
- Manufacturers and Suppliers
- Technology Providers
- System Integrators
- Installers and Service Providers
- Government Agencies
- Transportation Authorities
- Private Security Firms
- Fleet Management Companies
- Regulatory Authorities
- End-User Industries
Report Objectives
- To define, describe, and forecast the mobile video surveillance market based on offering, system, vertical, application, and region.
- To forecast the shipment data of the mobile video surveillance market.
- To forecast the size of the market segments for four major regions—North America, Europe, Asia Pacific (APAC), and the Rest of the World (RoW)
- To provide detailed information regarding the major factors influencing the growth of the market (drivers, restraints, opportunities, and challenges)
- To strategically analyze micro-markets with respect to individual growth trends, prospects, and contributions to the total market
- To study the complete value chain and allied industry segments and perform a value chain analysis of the market
- To strategically profile the key players and comprehensively analyze their market shares and core competencies
- To analyze the opportunities in the market for stakeholders and describe the competitive landscape of the market
- To analyze competitive developments such as collaborations, agreements, partnerships, product developments, and research & development (R&D) in the market
- To analyze the impact of the recession on the mobile video surveillance market
Available Customizations:
With the given market data, MarketsandMarkets offers customizations according to the specific requirements of companies. The following customization options are available for the report:
- Detailed analysis and profiling of additional market players (up to 5)
- Additional country-level analysis of the Mobile video surveillance market
Product Analysis
- Product matrix, which provides a detailed comparison of the product portfolio of each company in the Mobile video surveillance market.
Generating Response ...
Growth opportunities and latent adjacency in Mobile Video Surveillance Market
Decongestion of road traffic , Safety & Security of travelers on Road , Smart Transportation Solutions are the part of this report? If yes, then what could be there market sizing?
Hi could I obtain the pdf brochure/ sample of this Mobile Video Surveillance market research?