Mobile Video Surveillance Market Synopsis:
The mobile market is fast catching up with the technological advancements in the video surveillance industry. A huge untapped market combined with significant funds is opening the doors for some real activity in this market in the coming years. The migration from traditional analogue solutions to IP ones is slower than the static video surveillance market because of the roughened characteristics of the systems in the space coupled with the price-sensitiveness of the market.
The increasing shift from analog to IP cameras by the various enterprises will drive the growth prospects for the global Mobile Video Surveillance market in the years to come. This shift from analog to IP camera enables various end-users to cover a large area for surveillance such as stadiums, city surveillance projects, and hotels, which, in turn, will propel the demand for Mobile Video Surveillance systems. Some of the major factors responsible for the growing adoption of IP cameras is the low cost of installation, low cost of maintenance, cheap labor, and low total cost of ownership. Also, it has been observed that these cameras have various features such as high quality, flexibility, scalability, easy installation, and compatibility with the changing needs of customers. Moreover, components such as servers or encoders are built-in with IP cameras, which help in image encryption, provide multi-level user access control, and prevent third-party manipulation.
The global market of Mobile Video Surveillance is forecasted to witness a thriving growth of approx. USD 27 Billion by 2023, at striking CAGR of 14% between 2017 and 2023.
Major Key Players:
- Seon (Canada)
- Apollo Video Technology (U.S.)
- Mid State Instruments (U.S.)
- Floatograph Technologies
- LLC. (U.S.)
- Maxxess Systems, Inc. (U.S.)
- Strongwatch Corporation (U.S.)
- Safety Vision, LLC. (U.S.)
- Rosco Vision Systems (U.S.)
- Maryland Security Professionals (U.S.)
- Briefcam (Israel)
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Mobile Video Surveillance Market Segments
Segmentation by Component: Comprises citric acid, flavors, & preservatives, salts & electrolytes, carbohydrates, vitamins, and others.
Segmentation by System: Comprises hypotonic, isotonic and hypertonic.
Segmentation by Application: Comprises athletes, casual consumers and lifestyle user, and others.
Segmentation by Regions: Comprises Geographical regions – North America, Europe, APAC and Rest of the World.
Mobile Video Surveillance Market Overview
The mobile Video Surveillance Market is segmented on the basis of component, system and application. The system segment comprises of analog video surveillance and IP video surveillance. Analog video surveillance offers no remote accessibility and are quite difficult to integrate into already existing infrastructure. Another restraint about analog video surveillance is that they are labor intensive. IP video surveillance is simple and cost effective in comparison to analog video surveillance. IP video surveillance systems are flexible, resilient, easy to deploy and convenient to manage. Due to wireless support provision, IP video surveillance proves to be a feasible approach for mobile video surveillance.
Mobile Video Surveillance Market allows surveillance of a particular area through mobile devices. Mobile video surveillance has gained immense popularity owing to its flexible nature which facilitates remote monitoring of the school buses and trains in transit.
This allows better security for school buses which can be monitored easily through mobile devices. Mobile devices can now review surveillance footage in real time, dramatically expanding the opportunity for monitoring situations. Also, there is a growing trend for mobile surveillance cameras to transmit footage in real time back to a control center, supporting better assessments of emergency situations.
The regional analysis of mobile video surveillance market is being studied for regions such as Asia Pacific, North America, Europe and Rest of the World. It has been observed that North America is estimated to account for the largest share of the market, whereas Asia-Pacific projected to grow at the fastest rate during the forecast period.
Owing to larger market size in North America region, there is also higher acceptance for mobile video surveillance. School buses and Police cars represent the largest market share in the North America region.
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