Mobile Video Surveillance Market

Market Leader - Mobile Video Surveillance Market

The mobile video surveillance system is used for safety and security of people. The systems can monitor people, places, and objects, and then provides stored data to analyze or to identify suspects and criminals acts. The increasing concerns for public safety and security, growing adoption of IP cameras owing to better functionality at a reduced cost, rising demand for cloud-based mobile video surveillance solutions, rising demand for intelligent and scalable mobile video surveillance solutions, improving infrastructure and deployment capabilities are the major driving factors for the mobile video surveillance market growth. The mobile video surveillance market was valued at 1.40 Billion in 2017 and is expected to reach USD 2.32 Billion by 2023, at a CAGR of 8.77% between 2017 and 2023.

Key strategies adopted by major players in the mobile video surveillance market include product launches, agreements, partnerships, and contracts, among others. The strategy of product launches accounted for a share of 85% of the overall strategies adopted by the market players between 2014 and 2017. Companies such as Axis Communications (Sweden), Bosch Security Systems (Germany), and Hikvision (China) have adopted this strategy to expand their customer base and enhance their product portfolio.

Hikvision is one of the leading players in the mobile video surveillance market. The company has developed several innovative products, with decades of experience in manufacturing and marketing products. The company specializes in mobile video surveillance technology as well as designing and manufacturing a full line of innovative CCTV and mobile video surveillance products. Hikvision provides mobile video surveillance solutions in the global market, through more than 2,400 partners in 155 countries across different regions. Hikvision provides the most advanced mobile DVR solutions for transportation, parking, and industrial applications, which boost the mobile video surveillance market growth. For instance, in May 2015, the company offered a mobile solution in collaboration with Observit for the European transportation. In this strategic cooperation, Hikvision integrated their 4 series of smart IP cameras with Observit’s mobile video management system.

Hanwha Techwin was formerly known as Samsung Techwin, offers CCTV, IP & network, access control, door entry, intruder detection, and other security solutions. In 2015, the company (Samsung Techwin Co., Ltd.) was acquired by the Hanwha Group (South Korea) and renamed as Hanwha Techwin. The company produces 2.6 million surveillance solutions in South Korea and China and achieves 75% of its sales in other markets. In 2015, the company signed a contract to supply 800,000 security cameras to AT&T/Securitas, securing its/their growing presence in the global market.

Other companies operating in the mobile video surveillance market include Axis Communications (Sweden), Dahua (China), Bosch, Security Systems  (Germany), FLIR (US), Avigilon (Canada), Pelco (US), and Panasonic (Japan).

Related Reports:

Mobile Video Surveillance Market by Offering (Hardware (Cameras, Storage Solutions), Software (Video Analytics, VMS), Service), Application (Trains & Trams, Buses, Transport Vehicles, Police Cars, Drones), Vertical, and Geography - Global Forecast to 2023

Contact:
Mr. Rohan
MarketsandMarkets™ INC.
630 Dundee Road
Suite 430
Northbrook, IL 60062
USA : 1-888-600-6441
sales@marketsandmarkets.com

Report Code
SE 5688
Published ON
Oct, 2017
Choose License Type
BUY NOW
  • SHARE
X
Request Customization
Speak to Analyst
Speak to Analyst
OR FACE-TO-FACE MEETING
PERSONALIZE THIS RESEARCH
  • Triangulate with your Own Data
  • Get Data as per your Format and Definition
  • Gain a Deeper Dive on a Specific Application, Geography, Customer or Competitor
  • Any level of Personalization
REQUEST A FREE CUSTOMIZATION
LET US HELP YOU!
  • What are the Known and Unknown Adjacencies Impacting the Mobile Video Surveillance Market
  • What will your New Revenue Sources be?
  • Who will be your Top Customer; what will make them switch?
  • Defend your Market Share or Win Competitors
  • Get a Scorecard for Target Partners
REQUEST A FREE WORKSHOP
ADJACENT MARKETS
REQUEST BUNDLE REPORTS
ONLINE CHAT
+1-888-600-6441
  • Call Us
  • +1-888-600-6441 (Corporate office hours)
  • +1-888-600-6441 (US/Can toll free)
  • +44-800-368-9399 (UK office hours)
CONNECT WITH US
ABOUT TRUST ONLINE
© MarketsandMarkets Research Private Ltd. All rights reserved