The Asia Pacific Mobile Video Surveillance Market would witness market growth of 9.1% CAGR during the forecast period (2022-2028).
High-definition, high-framerate video is a specialty of IP cameras. Additionally, they provide more flexibility for connecting to various cameras and increasing the number of connected cameras. Data is transmitted from IP security cameras using encryption and authentication techniques like WEP, WPA, WPA2, TKIP, and AES. An NVR and IP cameras can wirelessly communicate.
Additionally, these cameras provide remote access, allowing users to view them from any computer, anywhere in the world, as well as various mobile devices, such as laptops and smartphones. Many businesses and organizations are moving to IP-based video systems due to the improved capabilities of IP cameras and digital recording capabilities.
The real-time video display is the major selling feature for remote and mobile monitoring. In certain cameras, users can also store and watch videos at a later time at their convenience in addition to real-time monitoring. Remote monitoring and mobile surveillance offer the ease of on-the-go, real-time access to deployed live cameras at the location, allowing users to check in at any time, day or night. The increased use of smart camera systems and video analytics is driving the market.
Asia-Pacific is becoming one of the top regions for adopting technology, particularly in the retail industry. This propensity for adoption can be attributed to features like real-time access management and remote monitoring. Over the course of the forecast period, this region is anticipated to experience high CAGR growth in the video surveillance market. Each of these communities is expected to invest more than $1 billion in smart city development, according to a recent study.
The China market dominated the Asia Pacific Mobile Video Surveillance Market by Country in 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $317.5 Million by 2028.The Japan market is estimated to grow a CAGR of 8.4% during (2022 - 2028). Additionally, The India market would experience a CAGR of 9.8% during (2022 - 2028).
Based on Offering, the market is segmented into Hardware, Software and Services. Based on Hardware Type, the market is segmented into Cameras, Monitors, Storage Devices and Accessories. Based on Application, the market is segmented into Buses, Police Vehicles, Railways and Transport Vehicles & Drones. Based on Vertical, the market is segmented into Transportation, Law Enforcement, Industrial, Military & Defense and First Responders. Based on countries, the market is segmented into China, Japan, India, South Korea, Singapore, Malaysia, and Rest of Asia Pacific.
Free Valuable Insights: The Worldwide Mobile Video Surveillance Market is Projected to reach USD 3.8 Billion by 2028, at a CAGR of 8.2%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Hikvision Digital Technology Co., Ltd., Zhejiang Dahua Technology Co., Ltd., Axis Communications AB (Canon, Inc.), Hanwha Techwin Co., Ltd., Bosch Security Systems GmbH (Robert Bosch GmbH), Avigilon Corporation (Motorola Solutions), Teledyne FLIR LLC (Teledyne Technologies Incorporated), and Zhejiang Uniview Technologies Co., Ltd.
By Offering
By Application
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By Country
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