Global Mobile Video Surveillance Market Size, Share, Growth Analysis, By Offering(Hardware, Software), By Application(Rains and Trams, Buses), By Vertical(Transportation, Law and Enforcement) - Industry Forecast 2024-2031

Global Mobile Video Surveillance Market size was valued at USD 6.48 billion in 2022 and is poised to grow from USD 7 billion in 2023 to USD 12.96 billion by 2031, growing at a CAGR of 8% in the forecast period (2024-2031).

The competitive environment of the Global Mobile Video Surveillance Market is dynamic and characterized by the presence of a mix of well-established brands, emerging players, and niche producers. Innovation is a key competitive factor. The global mobile video surveillance market follows a competitive scenario characterized by a mix of established players, start-up companies, and new technologies. Hanwha Techwin Co., Ltd.: Hanwha Techwin is a leading provider of mobile video surveillance solutions, offering advanced cameras, recorders and software platforms. The company’s expertise lies in providing high-quality, reliable monitoring solutions to meet the needs of transportation, law enforcement and public safety applications. 'Bosch Security Systems Inc. (Germany)', 'Hanwha Techwin Co. Ltd. (South Korea)', 'Axis Communications AB (Sweden)', 'Honeywell International Inc. (US)', 'Panasonic Corporation (Japan)', 'Avigilon Corporation (Canada)', 'FLIR Systems Inc. (US)', 'Tyco International Ltd. (Ireland)', 'Genetec Inc. (Canada)', 'March Networks Corporation (Canada)', 'Huawei Technologies Co. Ltd. (China)', 'Zhejiang Uniview Technologies Co. Ltd. (China)', 'CP Plus International (India)', 'Uniview Technologies Co. Ltd. (China)', 'Pelco Inc. (US)', 'VIVOTEK Inc. (Taiwan)', 'IDIS Co. Ltd. (South Korea)', 'Agent Video Intelligence Ltd. (Israel)'

Growing Security Concerns

Rise in Rate of Urbanization: Growing global demand for smart city initiatives is a key driver in the mobile video surveillance market. As urbanization increases, cities are investing in advanced surveillance technologies to improve public safety and infrastructure. Mobile video surveillance solutions integrated into smart city systems enable real-time monitoring, traffic management and incident response. For example, in November 2023, Motorola Solutions unveiled the LTE-enabled V500 body camera, the latest addition to the company’s mobile video portfolio that brings real-time field intelligence critical to emergency response V500 body camera first responds to video & location of control room Enables streaming, which gives incident managers a better understanding of incidents and helps them respond faster & more efficiently.

North America holds the largest market share in terms of revenue and is expected to remain dominant over the forecast period, owing to high adoption of advanced technologies and growing security concerns in the region. North America, especially the United States, acts as a major hub for technological innovation in the global mobile video surveillance market. Leading technology companies, research institutes and start-ups driving advances in camera surveillance devices, video analytics and wireless communication solutions.