Since multiview video coding (MVC) based on H.264/AVC uses a prediction scheme exploiting inter-view correlation among multiview video, MVC encoder compresses multiple views more efficiently than simulcast H.264/AVC encoder. However, in case that the number of views to be encoded increases in MVC, the total encoding time will be greatly increased. To reduce computational complexity in MVC, a fast mode decision using both Macroblock-based region segmentation information and global disparity vector among views is proposed to reduce the encoding time. The proposed method achieves on the average 1.5 2.9 reduction of the total encoding time with the PSNR (Peak Signal-to-Noise Ratio) degradation of about 0.05 dB.