Mobile Video Surveillance Market

Market Leaders- Top Mobile Video Surveillance

The mobile video surveillance market is projected to grow from USD 2.4 billion in 2022 to USD 3.6 billion by 2027; it is expected to grow at a CAGR of 8.7% from 2022 to 2027. Mobile video surveillance systems are extensively deployed in a variety of settings, including transportation, law enforcement, industrial and more. Recent advances in wireless signal processing enable the development of m mobile video surveillance systems, notably systems that can flexibly adapt to both WiFI and cellular network. Mobile surveillance and security solutions are increasingly incorporating on-board analytics to deliver data that can drive intelligent protection and monitoring. Hence, the role of on-board analytics is expected to continue to expand significantly in 2022 and beyond.

Although the mobile video surveillance market is growing at a steady pace, the market is competitive among the players in the market. Key strategies adopted by top players to enhance their product portfolios, increase their market share and expand their presence in the market mainly include new product launches and product developments. For instance, In February 2022, Hikvision (China) launched its new TandemVu PTZ camera range, integrating PTZ and bullet camera capabilities into a single unit. TandemVu PTZ cameras could monitor large areas and zoom in on specific security incidents while focusing simultaneously on both ‘viewpoints.’ These cameras would eliminate the need to deploy separate PTZ and bullet cameras in pairs. In April 2022, Axis Communications (Sweden) launched its XF40-Q1785 Explosion-Protected Camera, a robust fixed box camera certified for use in Class I//II/III, Division 1, to ensure safe operation in potentially combustible environments. Enclosed in a stainless steel housing, it could withstand temperatures between -50 °C to 60 °C (-58 °F to 140 °F). In March 2022, Hanwha Techwin (South Korea) unveiled two new AI-powered dual channel multi-sensor cameras featuring powerful deep learning-based object detection and classification and license-free video and audio analytics.

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Hanwha Techwin is one of the leading manufacturers and providers of video surveillance solutions for security personnel, formerly known as Samsung Techwin. In 2015, Samsung Techwin was acquired by the Hanwha Group (South Korea) and renamed Hanwha Techwin. The company offers CCTV, IP & network, access control, door entry, intruder detection, and other security solutions. It is committed to providing world-class total security solutions designed to cater to the varying needs of customers; these include high-resolution equipment and intelligent technologies that can prevent crimes in advance and effectively respond to the emergence of new technologies. In addition, the company also offers several consumer-based video surveillance solutions through its Wisenet brand.

Hanwha’s mobile cameras are designed for transportation applications with their vibration-resistant build complying with EN50155 and EN50121 standards to ensure reliable video in any transportation environment. Some cameras are also rated IP66/IK10 and can work effectively in more demanding environments that are prone to severe or varying weather conditions as well as tampering or physical attack.

Hanwha Techwin has a presence in Korea, the Americas, Europe, and the Asia Pacific. The company’s subsidiaries include Samsung Opto - Electronics America, Inc. (US), Tianjin Samsung Techwin Opto- Electronics Co., Ltd. (China), Samsung Techwin (Europe) Ltd. (UK), Shanghai Samsung Techwin Co., Ltd. (China), Techwin Engineering Center (Japan), and Samsung Techwin Do Brasil Equipamentos de Seguranca Ltda. (Brazil).

Axis Communications is one of the market leaders in developing and marketing video surveillance and access control solutions. In February 2015, the Japanese multinational Canon (Japan) acquired the company and remained its largest stakeholder. The company operates independently from Canon. It is continuously engaged in developing and launching innovative network products to retain its position as a market leader. Axis Communications majorly operates through two business segments, namely, Video and Others.

The company offers network cameras, video encoders, NVRs, VMS, and system devices related to the mobile video surveillance market. Its products are used across various applications in the law enforcement, transportation, and industrial sectors. Axis Communications offer ruggedized onboard cameras for surveillance onboard trains, trams, and metros. The cameras comply with the most stringent EN50155 standards for railway applications. These cameras are also deployed across buses, emergency vehicles, trucks, and even industrial environments where they are exposed to shock and vibration. The company also offers open-platform body-worn cameras that are robust, lightweight, and easy to use for law enforcement applications.

Axis Communications has offices in more than 50 countries. It also has a global network of partners in 179 countries in the Americas, Europe, Asia, the Middle East, and Africa. A few subsidiaries of the company include Axis Communications Pty Ltd (Australia), Axis Communications, Inc. (Canada), Beijing Axis Communications (China), and Axis Communications (UK) Ltd.

Related Reports:

Mobile Video Surveillance Market by Offering (Hardware, Software, Service), Application (Railways, Buses, Transport Vehicles, Police Vehicles, Drones), Vertical (Law Enforcement, Transportation, Industrial) and Geography - Global Forecast to 2027

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Mobile Video Surveillance Market Size,  Share & Growth Report
Report Code
SE 5688
RI Published ON
11/1/2022
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