14% CAGR to Motivate Growth of Mobile Video Surveillance Market

Mobile Video Surveillance Market – Overview

Increased demand for surveillance has led to the unparalleled growth levels in the mobile video surveillance. Market Research Future, a firm which specializes in market reports related to the information and communication technology sector among others, recently published a report on this market. The mobile video surveillance market is growing rapidly with a 14% CAGR and is expected to reach at approx. USD 27 billion by the end of forecast period.

Reduced costs of IP cameras have been instrumental to the growth of the market. Increase in the levels of security concerns in various spheres have also boosted the need for the market’s products. Interest of government authorities in ensuring citizen safety in public modes of transport have been instrumental for the expansion of the market share of the industry. Mobile surveillance is feasible mode for security solutions as it can be used anywhere and has minimum setup requirements which has further fuelled market growth.

Industry Segments

The mobile video surveillance market can be segmented on the basis of following:

By Component: Hardware, Software, Services. The components in the market are similarly important for the growth of the sector.

By System: Analog Video Surveillance, IP Video Surveillance. Reduced costs of IP cameras is instrumental in the growth of mobile video surveillance market.

By Application: Military & Defense, Law Enforcement, School Transportation, Government, and Transit & Rail. School transportation, transit & rail are some of the areas that have major demand for this market.

Get Report Details @ https://www.marketresearchfuture.com/reports/mobile-video-surveillance-market-3023

Detailed

Regional Analysis

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.

Global Competitive Analysis

With the entry of new industry players in the waterproof security camera segment, a trend of solid, volume-driven growth has been observed in the market with the addition of new and advanced products. Companies are aiming to capture & solidify their share of the market segment, by competing and experimenting with various advantage points. The best long-term growth opportunities for this sector can be captured by ensuring ongoing process improvements and financial flexibility to invest in the optimal strategies. The prominent players in mobile video surveillance market are – 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.).

Latest Industry News:

Aug 2017 Venture Tec Announces Telescoping Mobile Video Surveillance System With New HD Optics. The Mobile Video Surveillance System (MVS System) telescopes to over 32 feet and provides long-range surveillance capability for law enforcement and Emergency Management Services. The Mobile Video Surveillance System (MVS System) telescopes to over 32 feet and provides long-range surveillance capability for law enforcement and Emergency Management Services. This system provides a tactical advantage by allowing responders to see and record all action from a safe stand-off location. With an optional cellular DVR, all video can be viewed live from a remote command center.

May 2017 Luminator Technology Group (LTG) announced recently the acquisition of Apollo Video Technology (Apollo Video). Apollo Video was also recently named the No. 1 supplier of transit bus mobile video surveillance equipment in the Americas. Luminator Technology Group provides passenger information solutions to the Mass Transit and Aerospace market segments. The LTG Mass Transit group is a leading global provider of passenger information systems with the ability to provide relevant customer travel information, beginning at the station and continuing through the entire bus or rail journey.

Nov 2017 a personal robot Keecker has designed to meet its owner’s every home entertainment need, and the very first entertainment it provides comes as it learns the geography of a new room. It also possesses mobile video surveillance feature to see can also be utilized for home security needs.

Feb 2017 a leading provider of mobile video surveillance solutions, AngelTrax has introduced a revolutionary Vulcan Series in-vehicle surveillance systems and Pro8 Central Management System software. This new product lineup will offer clients full HD video of up to 1080P and up to 4 megapixel resolution, along with the ability to schedule or automatically download video clips via Wi-Fi or cellular with Pro8 CMS.