Asia Pacific Mobile Video Surveillance Markets Report 2022: China Offers the Most Lucrative Opportunities with An Estimated Value of $317.5 Million by 2028
Dublin, March 23, 2023 (GLOBE NEWSWIRE) -- The "Asia Pacific Mobile Video Surveillance Market Size, Share & Industry Trends Analysis Report By Offering, By Hardware Type, By Application, By Vertical, By Country and Growth Forecast, 2022 - 2028" report has been added to ResearchAndMarkets.com's offering.
The Asia Pacific Mobile Video Surveillance Market should witness market growth of 9.1% CAGR during the forecast period (2022-2028).
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).
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.
Key Companies Profiled
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)
Zhejiang Uniview Technologies Co., Ltd.
Recent Industry Wide Strategic Developments
Partnerships, Collaborations and Agreements
Product Launches and Product Expansions
Top Winning Strategies
Key Leading Strategies: Percentage Distribution (2018-2022)
Key Strategic Move: (Product Launches and Product Expansions : 2020, Feb - 2022, Nov) Leading Players
Scope of the Study
By Offering
Hardware
Cameras
Monitors
Storage Devices
Accessories
Software
Services
By Application
Buses
Police Vehicles
Railways
Transport Vehicles & Drones
By Vertical
Transportation
Law Enforcement
Industrial
Military & Defense
First Responders
By Country
China
Japan
India
South Korea
Singapore
Malaysia
Rest of Asia Pacific
For more information about this report visit https://www.researchandmarkets.com/r/ls3tj6
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