Mobile Video Surveillance Market

Market Definition:

The Mobile Video Surveillance Market size was valued at USD 2.5 billion in 2023 and is predicted to reach USD 4.4 billion by 2030 with a CAGR of 8.2% from 2024-2030. Mobile video surveillance units are portable and flexible security solutions that are deployed for monitoring activities in various locations. They include a range of surveillance technology, such as video cameras, infra-red, and two-way audio to provide comprehensive security personalized for specific demands. The surveillance system is widely used in private security firms, event organizers, and property owners to monitor construction sites, industrial facilities, parking lots, and other private properties. They ensure continuous operation, particularly in areas lacking conventional power access, offering remote access and integration with motion sensors, alarms, and mobile surveillance enhances situational awareness and response capabilities. They are designed to be easy to install and operate, and can be integrated with existing security systems, making them reliable solutions for dynamic surveillance needs.

Market Dynamics:

The mobile video surveillance system is driven by the global increase in crimes and the rapid change in social dynamics. According to a report published by Human Rights Watch, the number of politically motivate crimes within Germany rose by around 16% in 2021 compared to 2020. Additionally, in the year 2022, 15 journalists were killed within the Mexico region, rising the concerns regarding the increasing crime rates in the region. The rise in crime rates globally is driving the demand for enhance security measures such as mobile video surveillance system, which empower law enforcement agencies, businesses and communities to monitor and respond to criminal activities swiftly and effectively. 

Moreover, the rising urbanization around the world is further propelling the growth of the market. According to a report published by World Economic Forum, in April 2022, the percentage of people residing in cities is expected to rise from 55% in the year 2022 to 80% in 2050.  With such rise in the urban population globally, the need for mobile video surveillance system to enhance public safety and to manage security within the urban locations. These systems monitor public spaces, transportation networks, and critical infrastructure, mitigating security risks and enhancing situational awareness in urban areas, thereby propelling the growth of the market.

Furthermore, the mobile video surveillance market is driven by the increasing road accidents around the world. For instance, in the UK, the number of road accidents increased by 10% and serious injuries rose by 8% since 2021. Additionally, the number of road accidents in the Mexico region is increased by 4% in the year 2022 compares to 2017-19. This rise in road accidents globally is boosting the demand for advance surveillance system to helps authorities monitor over-speeding vehicles and manage traffic thereby reduces the risk of road accidents.

However, privacy and security concerns regarding video data in wireless cameras may create hindrance to the growth of the market, as users may hesitate due to fears of potential breaches and unauthorized access to sensitive footage. On the other hand, integration of mobile video surveillance system with unmanned ariel vehicles is expected to create future opportunities for the market. The integration is anticipated to provide seamless surveillance system with command, control, and reconnaissance systems.

Market Segmentations and Scope of the Study:

The mobile video surveillance market share is segmented on the basis of hardware, software, applications, end-user, and region. On the basis of hardware, the market is divided into cameras, storage devices, mobile digital video recorder, and others. On the basis of software, the market is bifurcated into video management software, video analytics software, and others. On the basis of applications, the market is segmented into fleet monitoring, public safety & law enforcement, traffic monitoring, remote monitoring, and others. On the basis of end-user, the market is divided into military, industries, law enforcement agencies, commercial, and others. Regional breakdown and analysis of each of the aforesaid segments includes regions comprising of North America, Europe, Asia-Pacific, and RoW.

Geographical Analysis: 

Asia Pacific holds the dominant share of the mobile video surveillance market at present and is expected to continue its dominance during the forecast period. This is due to the presence of major companies such as Dahua Technology Co., Ltd., Hanwha VisionCo., Ltd., and Hangzhou Hikvision Digital Technology Co., Ltd within the Asia Pacific region. These companies adopt various strategies and advancements to uphold mobile video surveillance market. For instance, November 2023, Dahua Technology launched the Dahua Wireless Series, a range of flexible, compact, and wireless cameras designed for small and medium-sized application scenarios. These cameras can be managed and operated over cell phone networks using the Dahua Mobile Security Surveillance (DMSS) app or via WiFi using the Dahua Security System (DSS) video management system, enhancing the experience of remote surveillance of the user.

Moreover, Asia Pacific region is showing a rapid rise in the mobile video surveillance system due to the rising urbanization within the region. According to a report published by Food and Agricultural Organisation of the United Nations, in January 2023, around 55% of Asia’s population is expected to reside in urban areas by the year 2030. The surge in urbanization is driving the demand for public safety, crime prevention, and infrastructure protection, while improving the quality of living.

On the other hand, North America is showing a steady rise in the mobile video surveillance market, due to the rising crime rates such as vehicle theft and drug offences around the region. According to a report published by the Council of Criminal Justice, in July 2023, the motor vehicle theft cases surges by 33.5% in the year 2023 compared to 2022. Additionally, the drug offences rose by 1% within the same time period. The increase in crimes rate is boosting the demand for advance video surveillance system by the law enforcement agencies and security personnel, to deter criminal behaviour and respond effectively to the incidents, boosting the growth of the market.

Moreover, the rising number of death fatalities driven by the increasing road accidents in this region are further boosting the growth of the market. For instance, in February 2022, the traffic death in U.S increased by 12% in the year 2021 compared to 2020. this rise in road accidents followed by traffic fatalities increasing the demand for mobile video surveillance system to enhance traffic monitoring and road conditions in real time, enabling authorities to optimize traffic signal and deploy emergency services effectively to mitigate the impact of accidents. 

Competitive Landscape

The mobile video surveillance market trends comprising of various market players such as Axis Communications AB, Hangzhou Hikvision Digital Technology Co., Ltd, Panasonic Life Solutions India Pvt. Ltd., Hanwha VisionCo., Ltd., Dahua Technology Co., Ltd., Motorola Solutions, Inc., Eagle Eye Networks., Milestone Systems A/S., Honeywell International Inc., Teledyne FLIR LLC among others. These market players are adopting various strategies such as product launches to maintain their dominance in the mobile video surveillance market.

For instance, November 2023, in Axis Communications launched the AXIS Q18 Bullet Camera Series, which includes two high-performance models, the AXIS Q1805-LE and the AXIS Q1806-LE. These cameras are equipped with OptimizedIR technology, enabling them to capture sharp and clear footage in complete darkness up to 100 meters without the need for additional lighting, enhancing the mobile surveillance system.

Moreover, in November 2023, Hanwha Vision launched the X Series network video recorders (NVRs), equipped with 12th Generation Intel Processor. The new system is expected to enhance the cybersecurity process using the trusted platform module (TPM), which ensures the protection of sensitive information stored within the hardware system.

KEY BENEFITS

• The report provides quantitative analysis and estimations of the mobile video surveillance market from 2024 to 2030, which assists in identifying the prevailing market opportunities.

• The study comprises a deep-dive analysis of mobile video surveillance market including the current and future trends to depict prevalent investment pockets in the market.

• Information related to key drivers, restraints, and opportunities and their impact on the mobile video surveillance market is provided in the report. 

• Competitive analysis of the players, along with their market share is provided in the report.

• SWOT analysis and Porters Five Forces model is elaborated in the study.

• Value chain analysis in the market study provides a clear picture of roles of stakeholders.

KEY MARKET SEGMENTS

By Hardware

• Cameras

• Storage Devices

• Mobile Digital Video Recorder

• Others

By Software

• Video Management Software 

• Video Analytics Software 

• Others

By Application

• Fleet Monitoring

• Public Safety & Law Enforcement 

• Traffic Monitoring, Remote Monitoring 

• Others

By End-User

• Military

• Industries 

• Law Enforcement Agencies

• Commercial 

• Others

By Region

• North America

  • The U.S.

  • Canada

  • Mexico

• Europe

  • The UK

  • Germany

  • France        

  • Italy        

  • Spain        

  • Denmark        

  • Netherlands        

  • Finland        

  • Sweden        

  • Norway        

  • Russia        

  • Rest of Europe    

• Asia Pacific

  • China

  • Japan

  • India

  • South Korea

  • Australia

  • Indonesia

  • Singapore

  • Taiwan

  • Thailand

  • Rest of Asia Pacific

• RoW

  • Latin America

  • Middle East

  • Africa

REPORT SCOPE AND SEGMENTATION:

Parameters	Details
Market Size in 2023	USD 2.5 Billion
Revenue Forecast in 2030	USD 4.4 Billion
Growth Rate	CAGR of 8.2% from 2024 to 2030
Analysis Period	2024–2030
Base Year Considered	2023
Forecast Period	2024–2030
Market Size Estimation	Billion (USD)
Growth Factors	Rising crime rates drives the mobile video surveillance market. Rising urbanization is fueling the demand of the market. Strengthen law and regulations is propelling the growth of the market.
Countries Covered	28
Companies Profiled	10
Market Share	Available for 10 companies
Customization Scope	Free customization (equivalent up to 80 working hours of analysts) after purchase. Addition or alteration to country, regional, and segment scope.
Pricing and Purchase Options	Avail customized purchase options to meet your exact research needs.

KEY PLAYERS

• Axis Communications AB

• Hangzhou Hikvision Digital Technology Co., Ltd

• Panasonic Life Solutions India Pvt. Ltd.

• Hanwha VisionCo., Ltd.

• Dahua Technology Co., Ltd.

• Motorola Solutions, Inc.

• Eagle Eye Networks.

• Milestone Systems A/S.

• Honeywell International Inc.

• Teledyne FLIR LLC