The Mobile Video Surveillance Global Market Report 2023, provides comprehensive information on the mobile video surveillance market across 60+ geographies in the seven regions – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa for the 27 major global industries. The report covers a ten year historic period – 2010-2021, and a ten year forecast period – 2023-2032.
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As per The Business Research Company’s Mobile Video Surveillance Global Market Report 2023, the global mobile video surveillance market size is expected to grow from $2.12 billion in 2022 to $2.31 billion in 2023 at a compound annual growth rate (CAGR) of 9.0%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The global mobile video surveillance market size is expected to grow to $3.19 billion in 2027 at a CAGR of 8.4%.
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Technological innovations are a key trend gaining popularity in the mobile video surveillance market. Major companies operating in the mobile video surveillance market are focused on developing new AI multi-directional cameras to strengthen their market position. For instance, in May 2022, Hanwha Techwin, a South Korean-based video surveillance company with the best optical design and manufacturing technology, launched the first artificial intelligence (AI) multi-directional camera, the PNM-C12083RVD. The unique feature is that it provides advanced object detection and user convenience based on artificial intelligence technology. The AI-based features allow for the reduction of false alarms and distinguish human faces, identify particular vehicles, and recognize license plates. It uses AI to reduce image blurriness in low-light environments, resulting in clear pictures.
The mobile video surveillance market is segmented:
1) By Offering: Hardware, Software, Service
2) By Vertical: Law Enforcement, Industrial, Military and Defense, First Responders, Transportation
3) By Application: Railways, Buses, Transport Vehicles, Police Vehicles, Drones
North America was the largest region in the mobile video surveillance market in 2022.
The table of contents in TBRC’s mobile video surveillance market report includes:
1. Executive Summary
2. Mobile Video Surveillance Market Characteristics
3. Mobile Video Surveillance Market Trends And Strategies
4. Mobile Video Surveillance Market – Macro Economic Scenario
5. Mobile Video Surveillance Market Size And Growth
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26. Africa Mobile Video Surveillance Market
27. Mobile Video Surveillance Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Mobile Video Surveillance Market
29. Mobile Video Surveillance Market Future Outlook and Potential Analysis
30. Appendix
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