Europe Mobile Video Surveillance Market Size, Share & Industry Trends Analysis Report By Offering (Hardware, Software and Services), By Hardware Type (Cameras, Monitors, Storage Devices and Accessories), By Application, By Vertical, By Country and Growth Forecast, 2022 - 2028
The Europe Mobile Video Surveillance Market would witness market growth of 7.5% CAGR during the forecast period (2022-2028).
Demand for mobile video surveillance and cloud-based video demand has skyrocketed. Small and medium-sized enterprises place a great deal of demand on the mobile video surveillance market since it offers a high-standard security solution. Key market players in this sector are making significant investments in this market.
The market is growing in popularity because it offers storage platforms, computer vision processing, and scalable video imaging. Platforms for alarm management are integrated with cloud-based video surveillance, also known as the mobile video surveillance market.
Additionally, it aids in the video surveillance system that assists numerous firms in addressing the rising security demands. Through mobile equipment, mobile surveillance enables the monitoring of a specific area. Mobile video surveillance is widely utilized in schools and other places since it is adaptable and reasonably priced. By making mobile device tracking simple, it enhances area security.
The demand for an efficient monitoring system has increased due to the recent terrorist incidents in the area. The political stability of Russia and other nations will help the IP video surveillance business to grow. Because cloud-based solutions reduce the cost of data storage, they are more widely used in Europe, which eventually boosts the market share of IP surveillance systems there.
The Germany market dominated the Europe Mobile Video Surveillance Market by Country in 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $238.3 Million by 2028.The UK market is anticipated to grow at a CAGR of 6.6% during (2022 - 2028). Additionally, The France market would exhibit a CAGR of 8.3% during (2022 - 2028).
Based on Offering, the market is segmented into Hardware, Software and Services. Based on Hardware Type, the market is segmented into Cameras, Monitors, Storage Devices and Accessories. Based on Application, the market is segmented into Buses, Police Vehicles, Railways and Transport Vehicles & Drones. Based on Vertical, the market is segmented into Transportation, Law Enforcement, Industrial, Military & Defense and First Responders. Based on countries, the market is segmented into Germany, UK, France, Russia, Spain, Italy, and Rest of Europe.
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Hikvision Digital Technology Co., Ltd., Zhejiang Dahua Technology Co., Ltd., Axis Communications AB (Canon, Inc.), Hanwha Techwin Co., Ltd., Bosch Security Systems GmbH (Robert Bosch GmbH), Avigilon Corporation (Motorola Solutions), Teledyne FLIR LLC (Teledyne Technologies Incorporated), and Zhejiang Uniview Technologies Co., Ltd.
Scope of the Study
Market Segments covered in the Report:
By Offering
Learn how to effectively navigate the market research process to help guide your organization on the journey to success.
Download eBook