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Mobile Video Surveillance Market to Reach USD 2.46 Billion by 2023 End

08-06-2018 02:09 PM CET | IT, New Media & Software

Press release from: Genesis market insights

Mobile Video Surveillance Market

Mobile Video Surveillance Market

GLOBAL MOBILE VIDEO SURVEILLANCE MARKET was valued at USD 1.48 Billion for the year 2017. Mobile Video Surveillance Market is further expected to grow at a CAGR of 8.84% from 2018 to reach USD 2.46 Billion by the year 2023. North America region holds the highest market share in 2017. The Asia-Pacific region is considered as the fastest growing market in the forecasted period. The U.S. is the major market in 2017 at country level and it is also further anticipated to grow at a steady pace in the next 5 years.

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Hangzhou Hikvision Digital Technology Co. Ltd. (China), Pelco Corporation (US), Dahua Technology Co. Ltd. (China), Avigilon Corporation (Canada), Bosch Security Systems (Germany), FLIR Systems (US) are some of the top players in the Mobile Video Surveillance Market with Pelco Corporation holding a substantial market share in 2017. Better global reach, at an operational level, is the main reason for holding this market share. Rising research and development expenses to satisfy the changing demands of end users, new product launches and organic growth strategies were few techniques adopted by various manufacturers in last 5 years.


• Increasing demand for real-time video surveillance


• Data privacy issues


• Implementation of wireless IP surveillance to reduce cost


• The requirement for high capacity data storage facilities

The segmentation done on the basis of Application include Police Cars, Transport Vehicles, Buses, Trains and Trams, Drones of which the Transport Vehicles segment is expected to hold the highest market share during the forecast period.

The Drones segment is expected to grow at the highest CAGR during the forecasted period.

Key Benefits for Stakeholders

• Mobile Video Surveillance System Providers
• Research and Consulting organization
• Government bodies
• End-use industries
• Regulatory bodies, Policy Makers, and consumers.

By Offering

• Software
• Hardware
• Others

By Application

• Police Cars
• Transport Vehicles
• Buses
• Trains and Trams
• Drones

By Industry

• Transportation
• City Surveillance
• Manufacturing
• Construction
• Energy and Power
• Mining
• Military and Defense

By Region

• North America
• Europe
• Asia-Pacific

Key Market Players

• Hangzhou Hikvision Digital Technology Co. Ltd.
• Pelco Corporation
• Dahua Technology Co. Ltd.
• Avigilon Corporation
• Bosch Security Systems
• FLIR Systems
• Tyco International PLC
• Hanwha Techwin
• Axis Communications AB
• United Technologies Corporation
• Infinova

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About Us:

Genesis Market Insights (GMI), is a subsidiary of Genesis Management & Market Research Pvt.Ltd. (GMMR) having a strong experience both in primary and secondary market research serving small to large scale enterprises across globe. Established in 1993, GMMR has become a recommended brand for Market Research for various international and MNC Corporations with its strong data foundation. With its exhaustive research capabilities, strong analytics services and in house data validation tools, GMMR has delivered actionable, reliable and all-inclusive Market Research Reports. GMMR is growing strongly for last 2 decades with most of the clients providing repeat business for their trust on the data quality and recommendations for decision making.

Contact Us;

Genesis Market Insights (GMI)
902 Broadway, 6th Floor,
New York, NY 10010
(212) 634-4560
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