The North America Mobile Video Surveillance Market would witness market growth of 6.9% CAGR during the forecast period (2022-2028).
The rising safety and security concerns in multiple countries are the leading cause of the expansion of the global mobile video surveillance market. Most businesses and government agencies have consistently increased their investment in video surveillance equipment.
Mobile video surveillance has become as one of the most promising methods for tackling security issues as smartphones and mobile applications increase. The demand for IP cameras, which provide better capabilities at a lower cost, has been steady for mobile video surveillance applications. This aspect has helped the market grow even more.
One of the current developments in the mobile video surveillance market is the deployment of body-worn video cameras by the police. The application of mobile video surveillance has been made easier by the rising use of body-worn cameras. Body-worn cameras enable the recording of an incident as seen by a police officer in addition to mobility.
Due to the rising number of applications, which drives demand for video surveillance cameras and equipment in the region, North America is one of the major contributors to the mobile video surveillance market. For example, Mount Royal University in Canada uses artificial intelligence to improve campus-wide security. An AI-enabled software system and 360-degree high-resolution cameras will replace the university's outdated CCTV hardware.
The US market dominated the North America Mobile Video Surveillance Market by Country in 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $956.5 Million by 2028.The Canada market is poised to grow at a CAGR of 9.4% during (2022 - 2028). Additionally, The Mexico market would witness a CAGR of 8.4% 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 U.S., Mexico, Canada, and Rest of North America.
Free Valuable Insights: The Global Mobile Video Surveillance Market is Estimated to reach $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
By Vertical
By Country
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