Mobile Video Surveillance Market Size is Reach USD 3.6 Billion By 2027 With A CAGR of 8.7% | Future Forecast, Key Players and Competitive Landscape
Research Reports
Nov 21, 2022
Mobile Video Surveillance Market Overview:
The Mobile Video Surveillance Market is projected to develop from USD 2.4 billion in 2022 to USD 3.6 billion by 2027; it is anticipated to grow at a Compound Annual Growth Rate (CAGR) of 8.7% from 2022 to 2027.
Mobile video surveillance is a site monitoring solution with multiple benefits for the company. Mobile video surveillance has gained momentum in several application territories like transportation, industrial, military, barrier, and law authorization. Mobile video surveillance enables a specific area to be monitored through mobile devices. Mobile video surveillance allows end-customers to view and screen cameras remotely from everywhere on a cell phone, PC, or tablet using a stable web association.
Key Players
Some of the important players operating in the mobile video surveillance market are-
- Pro-Vigil
- Pelco Corporations
- Apollo Video Technology, LLC
- Tyco Ireland Ltd.
- Hanwha Techwin Co., Ltd.
- Dallmeier electronic
- 3xLOGIC
- CoStar Group
- DTI Group
- Avigilon Corporation
- United Technologies Corporation
- Teledyne FLIR LLC
- Axis Communications AB
- Hangzhou Hikvision Digital Technology Co., Ltd.
- Bosch Security Systems
- LLC
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Regional Analysis
The worldwide mobile video surveillance market is ruled by North America. Mobile video surveillance market rise here is majorly attributed to the robust safety and security measures being undertaken in the public interest. Moreover, the presence of a massive range of big players in the area such as Avigilon Corporation, Pelco Corporation, Safety Vision, LLC, and Pro-Vigil, Inc. among others has in addition contributed to the mobile video surveillance market boom.
The Asia Pacific region is predicted to witness considerable growth over the forecast period. The growth can be attributed to the elevated spending on part of the governments of numerous nations including China, Japan, India, and Australia among others to over security equipment. Moreover, a reduction in the price of IP cameras has similarly aided the market boom in the Asia Pacific.
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Mobile Video Surveillance Market Segmentation
The mobile video surveillance market is segmented based on offering, application, and vertical. The growth among the different segments enables you in accomplishing the knowledge associated with the different growth elements predicted to be popular during the market and formulate specific strategies to help identify core application areas and the difference in your target market.
Based on the offering, the mobile video surveillance market can be segmented into hardware, software, and service. Hardware can be in addition sub-segmented into cameras, storage solutions, video encoders, and supporting accessories. The software can be sub-segmented into VMS (video management system) and video analytics. Service can be in addition sub-segmented into maintenance and installation.
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Based on application, the mobile video surveillance market can be segmented into trains and trams, buses, transport vehicles, police cars, and drones.
Based on vertical, the mobile video surveillance market can be segmented into transportation, law and enforcement, industrial and military, and defense. Law and enforcement can be further sub-segmented into city surveillance and prisons and correctional facilities. Industrial can be in addition sub-segmented into mining, energy and power, manufacturing, construction, and marine
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