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Mobile Video Surveillance Market Size, Industry Analysis Report By System (analog video surveillance, IP video surveillance), By Application (trains and trams, buses, transport vehicles), By Industry Vertical (transportation, law enforcement, industrial, military, Défense) & Region – Forecast

  • PUBLISHED ON
  • 14/11/2022
  • NO OF PAGES
  • 202
  • CATEGORY
  • Information Communication & Technology
The Mobile Video Surveillance Market: Overview
The Mobile Video Surveillance Market is valued at around USD 41.61 billion in 2022 and is expected to reach USD 66.35 billion by 2030, registering a CAGR of 6.0% over the forecast period. Security operations are increasingly being managed remotely or offshore in a number of sectors, including transportation, industry, military and defence, and law enforcement. Remote monitoring and administration of security cameras have gained popularity in a number of industries recently, including manufacturing and construction, energy and power, mining, and marine. This has encouraged the implementation of mobile video surveillance systems on a larger scale. With the aid of these systems, end customers may remotely see and manage security cameras using a smartphone, PC, or tablet with a strong internet connection. The videos can also be stored for subsequent viewing. Mobile video surveillance systems have become more popular in a number of developing and developing countries as a result of the demand for mobile monitoring and security in police cars and drones.

The Mobile Video Surveillance Market - Growth Factor
One of the main factors propelling the market is the rising demand for remote video surveillance technologies and systems for real-time monitoring and security at airports, business offices, public transit vehicles, warehouses, and homes. A prominent trend driving the market in many regions is the increased demand for scalable and intelligent mobile video surveillance systems in a variety of diverse application sectors. The market is expanding as a result of a rapidly expanding number of businesses and government agencies installing mobile video surveillance systems to guard against fraud and terrorism-related activities. The demand for intelligent mobile video surveillance solutions is growing as security concerns related to an increase in criminal activity in police cars, trams, school buses, and drones are becoming more widespread. One significant obstacle that is anticipated to impede demand is the absence of dependable connections in some nations, particularly in developing and less developed regions.

The Mobile Video Surveillance Market – Market Trends
• When the supply and demand curves for a particular good or service alter as a result of these pressures, pricing signals are produced. Both macroeconomic and microeconomic issues may be related to forces of market dynamics.
• Other than pricing, demand, and supply, there are other dynamic market dynamics. Human emotions can also affect the market, affect the way people make decisions, and signal price changes.
• Decision-makers try to figure out the best approach to use different financial tools to stem various methods for accelerating growth and lowering risks when market dynamics affect supply and demand curves.
• One significant obstacle that is anticipated to impede demand is the absence of dependable connections in some nations, particularly in developing and less developed regions.
• On the other hand, it's expected that the hardware systems utilised in mobile video surveillance will become more affordable over time.

The Mobile Video Surveillance Market – Segmentation
The Mobile Video Surveillance Market fragrance concentrates market has been sub-classified into offering, system, application, industry vertical.

On the basis of offering, the Mobile Video Surveillance Market is bifurcated into:
• Hardware- cameras, storage solutions
• Software
• Services
• others

On the basis of system, the market is segmented into:
• analog video surveillance
• IP video surveillance
• others

On the basis of application, the market segmented into:
• trains and trams
• buses
• transport vehicles
• others

On the basis of industry vertical, the market segmented into:
• transportation
• law enforcement
• industrial
• military and Défense
• others

The Mobile Video Surveillance Market Ophthalmic Drugs Market –Regional Analysis
North America dominated the global Mobile Video Surveillance Market, due to increased awareness of eye disorders, the presence of a strong healthcare infrastructure, and major players like Pfizer, Inc. and Alcon in the area, the market is predicted to develop at the greatest CAGR.

The Mobile Video Surveillance Market – Key Market players
Global key players of Mobile Video Surveillance Market include Dallmeier electronic GmbH and Co.KG, CoStar Group, Inc., Axis Communications, Hanwha Techwin Co., Ltd., Avigilon Corporatio, FLIR Systems, Inc, Hangzhou Hikvision Digital Technology Co., Ltd., Apollo Video Technology, LLC, DTI Corp, 3xLOGIC, Inc., Tyco Ireland Ltd., United Technologies Corporation, Bosch Security Systems, Inc., Pro-Vigil, Inc., Pelco, Inc.

Report scope
Global Mobile Video Surveillance Market: Historical Years- 2018-2021
Global Mobile Video Surveillance Market: Forecast Years- 2022-2030
Global Mobile Video Surveillance Market 2022- USD 2.35 billion
Global Mobile Video Surveillance Market 2030- USD 3.63 billion
Global Mobile Video Surveillance Market CAGR- 9.10%

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We Market Research senior executive is assigned to each consulting engagement and works closely with the project team to deliver as per the clients expectations.

Market Research Process




We Market Research monitors 3 important attributes during the QA process- Cost, Schedule & Quality. We believe them as a critical benchmark in achieving a project’s success.

To mitigate risks that can impact project success, we deploy the follow project delivery best practices:
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  • Assign a senior SR executive as QA Executive
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Case Study- Automotive Sector

One of the key manufacturers of automotive had plans to invest in electric utility vehicles. The electric cars and associated markets being a of evolving nature, the automotive client approached We Market Research for a detailed insight on the market forecasts. The client specifically asked for competitive analysis, regulatory framework, regional prospects studied under the influence of drivers, challenges, opportunities, and pricing in terms of revenue and sales (million units).

Solution

The overall study was executed in three stages, intending to help the client meet its objective of precisely understanding the entire market before deciding on an investment. At first, secondary research was conducted considering political, economic, social, and technological parameters to get a gist of the various aspects of the market. This stage of the study concluded with the derivation of drivers, opportunities, and challenges. It also laid substantial emphasis on understanding and collecting data not only on a global scale but also on the regional and country levels. Data Extraction through Primary Research

The second stage involved primary research in which several market players and automotive parts suppliers were contacted to study their viewpoint concerning the development of their market and production capacity, clientele, and product line. This stage concluded in a brief understanding of the competitive ecosystem and also glanced through the strategies and pricing of the companies profiled.

Market Estimates and Forecast

In the final stage of the study, market forecasts for the electric utility were derived using multiple market engineering approaches. This data helped the client to get an overview of the market and accelerate the process of investment.

Case Study- ICT Sector

Business process outsourcing, being one of the lucrative markets from both supply- and demand- side, has appealed to various companies. One of the prominent corporations based out of Japan approached us with their requirements regarding the scope of the procurement outsourcing market for around 50 countries. Additionally, the client also sought key players operating in the market and their revenue breakdown in terms of region and application.


Business Solution

An exhaustive market study was conducted based on primary and secondary research that involved factors such as labor costs in various countries, skilled and technical labors, manufacturing scenario, and their respective contributions in the global GDP. A comparative study of the market was conducted from both supply- and demand side, with the supply-side comprising of notable companies, such as GEP, Accenture, and others, that provide these services. On the other hand, large manufacturing companies from them demand-side were considered that opt for these services.


Conclusion

The report aided the client in understanding the market trends, including country-level business scenarios, consumer behavior, and trends in 50 countries. The report also provided financial insights of crucial players and detailed market estimations and forecasts till 2033.


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