The global mobile video surveillance market is set to reach approx. USD 27 billion at a CAGR of 14% from 2017 to 2023 (forecast period). The cloud-based video or mobile video surveillance business has grown dramatically in recent years. Because it provides a high-standard security solution, the mobile video surveillance market is in high demand from small and medium-sized enterprises. The sector has key market players who are investing heavily in this market. The market is gaining popularity because it provides computer vision processing, storage platforms, and scalable video imaging because of the intelligent mobile surveillance video applications.
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