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Opportunities in the World Mobile Video Surveillance Market
Frost & Sullivan, Sep 2009, Pages: 105
This Frost & Sullivan research service titled Opportunities in the World Mobile Video Surveillance Market provides an in-depth analysis of the technology, competition, pricing and distribution trends for the mobile video surveillance market. The study also includes a detailed analysis of six mobile segment types across three geographical regions. In this research, Frost & Sullivan's expert analysts thoroughly examine the following vertical markets: aircraft, police vehicles, taxi cabs, transit bus, school bus and rail; and they examine the aforementioned markets in the following geographic regions: the Americas, Europe, Middle East and Africa and Asia Pacific.
Market Overview
Demand for Recording and Transmission Solutions Steers Mobile Video Surveillance onto the Fast Track
Advanced technologies for recording and transmission have opened up several avenues for mobile video surveillance devices, especially in the transit bus, police vehicles and rail markets across the world. These technology developments have extended the scope of mobile video surveillance to include monitoring and training drivers to improve performance. Mobile video surveillance’s growing popularity in security and non-security applications presents new opportunities for solution providers. The need for security in public transport systems will offer additional impetus for the uptake of mobile video surveillance technology. “Video as evidence provides higher safety for passengers and better accountability for transit authorities by minimizing false liability claims,” says the analyst of this research. “The ability of these solutions to improve operational efficiency apart from providing safety and security will ensure a steady stream of investments in the market.”
The mobile video surveillance market, unlike many others, has been fairly insulated from the economic downturn, thanks to regulations and the need to curtail vandalism, crime and false litigations. However, it could take a hit from the low awareness of its benefits, especially in developing countries, and end users’ price sensitivity. “Failure to see video surveillance as a proactive tool to avert crime and enhance operational efficiency hampers adoption, particularly in the cost-sensitive school bus and taxi cab segments,” notes the analyst.
“Educating end users about the return on investment (ROI) is critical for success in this cost-conscious market.” With falling prices, mobile video surveillance technology is expected to see a much faster adoption in lucrative segments such as school bus and taxi cabs.
Emerging market participants can survive only if they establish a strong relationship in the value chain and offer solutions at a competitive price. Companies can also gain an edge by leveraging their existing expertise to tap opportunities in more promising mass-transit and police vehicle applications and other regions.
Market Sectors
Expert Frost & Sullivan analysts thoroughly examine the following market sectors in this research:
By Vertical Markets:
- Aircraft
- Police vehicles
- Taxi cabs
- Transit bus
- School bus
- Rail
By Geographic Region:
- The Americas
- Europe, Middle East and Africa
- Asia Pacific
Technologies
The following technologies are covered in this research:
- Analogue cameras
- DVR
- Solid-state devices
- Video encoders
- Wireless
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