Future of the Mobile Video Surveillance Market: Trends, Innovations, and Key Forecasts Through 2034

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Mobile Video Surveillance Market Size Growth Forecast: What to Expect by 2025?
In recent times, the size of the mobile video surveillance market has seen substantial growth. The market, worth $2.4 billion in 2024, is projected to expand to $2.56 billion in 2025, with a compound annual growth rate (CAGR) of 6.3%. Factors such as integration with analytics and AI, security and public safety issues, urbanization and infrastructure evolution, applications in law enforcement and military, as well as event safety and crowd control have contributed to this historical growth.

How Will the Mobile Video Surveillance Market Size Evolve and Grow by 2029?
In the coming years, the market size for mobile video surveillance is anticipated to experience significant expansion. It's projected to rise to $3.7 billion by 2029, with a notable compound annual growth rate (CAGR) of 9.7%. This projected growth over the forecast period can be ascribed to factors such as the increasing need for cloud-based solutions, cost-effectiveness and scalability, enhanced transportation and logistics management, the rise of remote work and the need for remote monitoring, as well as security risks and threats. Forecast period trends consist of integration with Internet of Things (IoT) and edge computing, 5G connectivity and better bandwidth, the wide adoption of cloud-based solutions and remote access capabilities, mobile app integration and accessibility, and the rise of hybrid surveillance solutions.

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What Drivers Are Propelling the Growth of Mobile Video Surveillance Market Forward?
The upward trend in criminal activities is predicted to spur the mobile video surveillance market. Criminal activities encompass actions that are forbidden by criminal law, implicating both physical and mental components in the execution of a crime. Criminal acts are major offences, punishable by the law of the land. Mobile video surveillance plays a crucial role in detecting criminal activities in public areas and also records live public events. Therefore, an increase in criminal activities will fuel the demand for mobile surveillance systems. For example, in March 2024 as reported by ABC News, a US Broadcasting network, there was an alarming increase in racially motivated crimes in New York City and Los Angeles. Antisemitic hate crimes grew by 12.6% and anti-Muslim incidents escalated by 22% in New York City. Los Angeles witnessed a 48% spike in antisemitic hate crimes and a 40% rise in anti-Muslim crimes in 2023. These disturbing trends continued into early 2024, with the NYPD's Hate Crime Task Force noting a 12% increase in bias crimes. These statistics underscore a worsening situation of hate crimes impacting both communities. Initiatives to tackle this growing issue are imperative. Consequently, the escalating criminal activities are pushing the growth of the mobile video surveillance market.

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Which Emerging Trends Are Transforming the Mobile Video Surveillance Market in 2025?
Tech advancements are becoming a prominent trend in the mobile video surveillance sector. Key corporations in this market are emphasizing the creation of innovative AI multi-directional cameras to bolster their market standing. Take for example, in May 2022, Hanwha Techwin, a South Korean firm renowned for its superior optical design and manufacturing technology, launched its first AI multi-directional camera, the PNM-C12083RVD. Its distinctive attribute is its capacity for enhanced object detection and user-friendly interaction, hinging on artificial intelligence. The AI capabilities facilitate the decrease of false alerts and are able to differentiate human faces, spot specific cars, as well as discern license plates. It utilizes AI to minimize image fuzziness in dark settings, delivering high-definition images.

What Are the Key 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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Who Are the Key Players Shaping the Mobile Video Surveillance Market's Competitive Landscape?
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 Geographic Markets Are Powering Growth in the Mobile Video Surveillance Market?
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

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