Press release
Mobile Video Surveillance Market Forecast By Key Players: Axis Communications, Bosch Security Systems, Cisco Systems, Honeywell International, Avigilon, Advantech, Tyco International, Hanwha Techwin, Infinova
Market Overview:Mobile Video Surveillance Market is set to witness high growth during the forecast timeline. This growth is attributed to the concerns associated with safety & security across various industry verticals coupled with the increasing demand for real-time surveillance. Rising number of criminal activities such as robbery, murder, theft and burglary across various regions is compelling the adoption of such systems. The emphasis of regulatory authorities to ensure the safety of citizens and prevention of crime using the equipment further contributes to the mobile video surveillance market growth.
Growing demand for increasing vehicular safety and the deployment of comprehensive surveillance solutions provides significant opportunities to the mobile video surveillance market. Advantages of deploying such equipment include continuous monitoring, reduces the unauthorized use of the vehicles, control fuel costs by abolishing unapproved journeys and enhance the overall vehicle security. In order to reduce losses, various organizations are increasingly focusing on integrating such advanced mobile technologies and systems. The surge in transition from analog to IP based surveillance solutions is proving impetus to the industry growth.
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Top Key Players:
Some of the key players in the mobile video surveillance market include Axis Communications, Bosch Security Systems, Cisco Systems Inc., Honeywell International Inc., Avigilon, Advantech, Tyco International, Hanwha Techwin, Infinova and United Technologies. Other prominent industry players include Apollo Video Technology, Safety Vision LLC, Eagle Eye Networks, Pelco, Hikvision and Costar Video Systems. The players are increasingly focusing on incorporating innovating features in existing product portfolio to provide flexible surveillance solutions based on the end-user demands.
Market share calculation in this report is not done based on companies covered in it. The calculation of managed Mobile Video Surveillance Market share is done based on a regional approach and countries covered. On request, additional companies can be covered as well as regional data for particular country / countries can be provided.
Regional Segmentations:
North America mobile video surveillance market is predicted to grow significantly during the forecast timespan. This growth can be attributed to the presence of large number of industry players in the region coupled with the increasing penetration of such systems across various applications.
Rising instances of illegal activities obligated regional authorities to deploy intelligent surveillance solutions for reducing criminal activities and increase safety & security for citizens. Moreover, the increasing infrastructure investments in emerging economies such as China and India provide huge growth opportunities for the Asia Pacific mobile video surveillance market.
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Growing demand for increasing vehicular safety and the deployment of comprehensive surveillance solutions provides significant opportunities to the mobile video surveillance market. Advantages of deploying such equipment include continuous monitoring, reduces the unauthorized use of the vehicles, control fuel costs by abolishing unapproved journeys and enhance the overall vehicle security. In order to reduce losses, various organizations are increasingly focusing on integrating such advanced mobile technologies and systems. The surge in transition from analog to IP based surveillance solutions is proving impetus to the industry growth.
The technology can be delivered in the market through on-premise and cloud models. Large enterprises are deploying on-premise models as they want to have a control over their data and SMEs are inclined toward the cloud model due to its cost benefits and flexibility. Cloud model features will make the market more attractive over the forecast period and ensure that the products stay relevant. Thus, vendors offering MPS are collaborating with cloud providers to deliver their products to customers. The majority of the market revenue comes from IT & telecom, BFSI, healthcare, retail, manufacturing, and education industries.
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About Global Market Insights
Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.
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