Mobile Video Surveillance Market Forecasts to 2030 – Global Analysis By System Type (Analog, Internet Protocol-based and Hybrid), Component (Hardware, Software and Service), Connectivity, Deployment, Application, End User and By Geography

Mobile Video Surveillance Market Forecasts to 2030 – Global Analysis By System Type (Analog, Internet Protocol-based and Hybrid), Component (Hardware, Software and Service), Connectivity, Deployment, Application, End User and By Geography

According to Stratistics MRC, the Global Mobile Video Surveillance Market is accounted for $2.48 billion in 2023 and is expected to reach $4.15 billion by 2030 growing at a CAGR of 8.9% during the forecast period. Mobile video surveillance refers to the use of portable video recording and monitoring systems to capture, transmit, and analyze visual data in real-time from various locations. It enables remote monitoring of activities, enhancing security and safety in dynamic environments such as construction sites, public events, and transportation systems. By providing flexibility and accessibility, it allows for proactive monitoring and response to potential security threats or emergencies, facilitating effective surveillance on the go.

According to the AI global surveillance index, 51.0% of the liberal democracies such as the United States, Canada, and others deployed advanced surveillance systems.

Market Dynamics:

Driver:

Increased security concerns

Organizations and governments seek robust solutions to monitor and safeguard their environments, assets, and people. Mobile video surveillance offers real-time monitoring, remote access, and proactive threat detection capabilities, addressing the need for comprehensive security measures. This heightened demand for advanced surveillance technology fuels innovation and investment in mobile video surveillance solutions, propelling market expansion to meet evolving security challenges effectively.

Restraint:

Privacy concerns

Privacy concerns in mobile video surveillance arise due to the potential for indiscriminate monitoring in public spaces. This apprehension can trigger public backlash, legal challenges, and regulatory scrutiny, deterring adoption and investment in mobile surveillance solutions. As a result, businesses face resistance from customers, civil liberties groups, and regulatory authorities, impacting market growth by limiting deployment opportunities and undermining trust in the technology's ethical use.

Opportunity:

Growing transportation sector

Increasing passenger volumes, heightened security needs, and the imperative to monitor assets in transit have spurred demand for real-time monitoring solutions. Mobile video surveillance systems offer efficient monitoring, enabling authorities to ensure passenger safety, deter criminal activities, and manage traffic effectively. This trend propels the market as transportation stakeholders seek advanced surveillance technologies to enhance operational efficiency and security measures.

Threat:

High implementation costs

High implementation costs in mobile video surveillance stem from the need for specialized hardware, software, and network infrastructure, along with installation and maintenance expenses. These costs can deter small and medium-sized enterprises (SMEs) and budget-constrained organizations from adopting mobile video surveillance solutions. Consequently, market growth is hindered as potential customers are unable or unwilling to make the substantial upfront investment required.

Covid-19 Impact

The covid-19 pandemic has accelerated the adoption of mobile video surveillance solutions as businesses and governments prioritize safety and security measures to enforce social distancing and monitor compliance with health protocols. Increased demand for remote monitoring and contactless security solutions has driven market growth. However, supply chain disruptions and economic uncertainties have impacted market expansion, causing delays in implementation and investment decisions.

The wireless segment is expected to be the largest during the forecast period

The wireless segment is estimated to have a lucrative growth. Wireless mobile video surveillance involves the deployment of camera systems that transmit video footage over wireless networks, enabling remote monitoring and real-time surveillance. It facilitates surveillance in areas where wired infrastructure is impractical or costly, such as remote locations or temporary setups. Nevertheless, wireless mobile video surveillance continues to gain traction across various sectors, including transportation, law enforcement, and commercial enterprises, driving its market growth.

The security & surveillance segment is expected to have the highest CAGR during the forecast period

The security & surveillance segment is anticipated to witness the highest CAGR growth during the forecast period, due to its real-time monitoring and recording capabilities on-the-go. It enables security personnel to remotely monitor critical areas, respond to incidents promptly, and gather evidence for investigations. By providing flexibility and accessibility, mobile video surveillance contributes to improving overall security measures and deterring criminal activities in various environments.

Region with largest share:

Asia Pacific is projected to hold the largest market share during the forecast period due to rapid urbanization, increasing security concerns, and government initiatives to modernize infrastructure. Countries like China, India, and Japan are investing heavily in surveillance systems to enhance public safety and combat crime. Additionally, the adoption of advanced technologies such as AI-based video analytics and 5G networks is driving market expansion.

Region with highest CAGR:

North America is projected to have the highest CAGR over the forecast period, owing to increasing adoption of smart transportation systems, and the presence of key market players. The region's advanced infrastructure supports the deployment of sophisticated surveillance solutions, including high-definition cameras and real-time analytics.

Key players in the market

Some of the key players profiled in the Mobile Video Surveillance Market include Panasonic Corporation, Iveda Solutions, Verint Systems Inc., Axis Communications, Robert Bosch Gmbh, Dahua Technology, FLIR Systems Inc., Hikvision Digital Technology Corporation, Motorola Solutions, BriefCam Limited, Infinova Limited, Tiandy Technologies Corporation and TKH Group.

Key Developments:

In November 2023, Dahua launched the Dahua Wireless Series, which offers flexible, compact, and wireless cameras ideal for small and medium-sized applications. They can be managed and operated over cell phone networks using the Dahua Mobile Security Surveillance (DMSS) app or via WiFi via the Dahua Security System (DSS) video management system, providing end-users with professional remote surveillance management platforms.

In November 2023, Axis Communications announced a new series of next-generation bullet cameras: AXIS Q18 Series. These cameras detect and classify moving objects using AXIS Object Analytics.

System Types Covered:
• Analog
• Internet Protocol-based
• Hybrid

Components Covered:
• Hardware
• Software
• Service

Connectivities Covered:
• Wired
• Wireless

Deployments Covered:
• Fixed Deployment
• Temporary Deployment

Applications Covered:
• Security & Surveillance
• Traffic Monitoring & Management
• Fleet Management
• Remote Monitoring
• Incident Detection & Response
• Other Applications

End Users Covered:
• Transportation & Logistics Companies
• Law Enforcement & Public Safety Agencies
• Commercial & Industrial Facilities
• Military & Defense
• Residential Communities
• Healthcare Facilities
• Other End Users

Regions Covered:
• North America
US
Canada
Mexico
• Europe
Germany
UK
Italy
France
Spain
Rest of Europe
• Asia Pacific
Japan
China
India
Australia
New Zealand
South Korea
Rest of Asia Pacific
• South America
Argentina
Brazil
Chile
Rest of South America
• Middle East & Africa
Saudi Arabia
UAE
Qatar
South Africa
Rest of Middle East & Africa

What our report offers:
- Market share assessments for the regional and country-level segments
- Strategic recommendations for the new entrants
- Covers Market data for the years 2021, 2022, 2023, 2026, and 2030
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements