Surging Criminal Activities Fuel Growth In The Mobile Video Surveillance Market: Key Factor Driving The Growth In The Mobile Video Surveillance Market

The Mobile Video Surveillance Market Report by The Business Research Company delivers a detailed market assessment, covering size projections from 2025 to 2034. This report explores crucial market trends, major drivers and market segmentation by [key segment categories].

What Is the Current Mobile Video Surveillance Market Size and Its Estimated Growth Rate?
The market size for mobile video surveillance has seen significant expansion in the past few years. It's projected to increase from $2.4 billion in 2024 to $2.56 billion in 2025, experiencing a compound annual growth rate (CAGR) of 6.3%. This growth during the historical period can be linked to factors such as amalgamation with analytics and AI, concerns over security and public safety, development of urbanization and infrastructure, applications in law enforcement and military sectors, and event security and crowd control.

The market for mobile video surveillance is predicted to experience robust growth in the coming years, reaching a valuation of $3.7 billion by 2029 with an annual compound growth rate (CAGR) of 9.7%. This growth during the projected period can be attributed to several factors such as rising demand for cloud-based solutions, cost-efficiency and scalability, better management of transportation and logistics, an increase in remote work and monitoring, as well as heightened security concerns and threats. Notable trends during this forecast period consist of incorporating IoT and edge computing, 5g network and substantial bandwidth, reliance on cloud-based solutions and remote access, integration and accessibility via mobile apps, and hybrid surveillance solutions.

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What Are the High-Growth Segments in the Mobile Video Surveillance Market?
The mobile video surveillance market covered in this report 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

Subsegments:
1) By Hardware: Cameras, Storage Devices, Accessories
2) By Software: Video Management Software (VMS), Analytics Software, Cloud Storage Solutions
3) By Service: Installation And Setup Services, Maintenance And Support Services, Monitoring Services

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What Key Drivers Are Expected to Influence Future Mobile Video Surveillance Market Growth?
The upward trend in criminal activities is anticipated to drive the growth of the mobile video surveillance market. Criminal activities, which are illegal actions punishable by criminal law involving physical and/or mental intentions to commit the crime, pose a significant offence under the state or country's law. Mobile video surveillance aids in identifying crime incidents in public and capturing live events, which means an increase in crime consequently escalifies the need for mobile surveillance solutions. For instance, as reported by ABC News, a US-based Television network, in March 2024, there was a 12.6% increase in antisemitic hate crimes and a 22% rise in anti-Muslim episodes in New York City. In Los Angeles, antisemitic hate crimes skyrocketed by 48%, and anti-Muslim offences went up by 40% in 2023. These disturbing trends continued into the early part of 2024, with a 12% increase in bias crimes reported by the NYPD's Hate Crime Task Force. The stats illustrate an alarming incline in hate crimes against both communities, calling for immediate interventions. As such, the spike in criminal activities effectively stimulates the mobile video surveillance market.

Which Companies Hold the Largest Share Across Different Mobile Video Surveillance Market Segments?
Major companies operating in the mobile video surveillance market include Hikvision Digital Technology Co. Ltd., Dahua Technology Co. Ltd., Axis Communications AB, Bosch Security Systems Inc., Hanwha Techwin Co. Ltd., Avigilon Corporation, Teledyne FLIR LLC, Huawei Technologies Co. Ltd., Seon Design Inc., Pro-Vigil Inc., Strongwatch Corporation, BriefCam Ltd., Uniview Technologies Co. Ltd., Agent Video Intelligence Ltd., Aditya Infotech Ltd, Genetec Inc., Safety Vision LLC, Apollo Video Technology, Maxxess Systems Inc., DynaColor, Webgate, Motorola Solutions, Tiandy Technologies, Dnake, Jovision, Ava Group

What Trends Are Driving Growth in The Mobile Video Surveillance Market?
Advancements in technology are emerging as a dominant trend in the mobile video surveillance sector. To consolidate their market presence, major firms in this sector are concentrating on the invention of new AI multi-directional cameras. As an example, Hanwha Techwin, a South Korean leader in video surveillance known for its superior optical design and manufacturing technology, introduced its first AI multi-directional camera, the PNM-C12083RVD, in May 2022. This unique product offers enhanced object detection and user convenience through the use of AI technology. The AI-integrated features aid in minimizing false alerts, distinguishing human faces, identifying specific vehicles, and recognizing license plates. It also leverages AI to reduce image blur in poorly lit conditions, ensuring vivid images.

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What Are the Emerging Geographies for The Mobile Video Surveillance Market Growth?
North America was the largest region in the mobile video surveillance market in 2024. Asia-Pacific is expected to be the fastest-growing region in the mobile video surveillance market during the forecast period. The regions covered in the mobile video surveillance market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa

Frequently Asked Questions:
1. What Is the Market Size and Growth Rate of the Mobile Video Surveillance Market?
2. What is the CAGR expected in the Mobile Video Surveillance Market?
3. What Are the Key Innovations Transforming the Mobile Video Surveillance Industry?
4. Which Region Is Leading the Mobile Video Surveillance Market?

Why This Report Matters:

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