26/07/2018

Video Surveillance Market in India


India's electronics security and surveillance market has grown considerably over the past few years due to rising security concerns and sustained growth of infrastructure in the country. The constant threat of terrorist attacks has necessitated the deployment of surveillance systems in both public and private sector buildings. Commercial offices are increasingly deploying these surveillance systems to protect their infrastructure, data and enhance security in their compounds. The Indian surveillance market is witnessing immense growth from sectors such as city surveillance, hospitality, airport security, retail, BPO, manufacturing, college campuses, infrastructure companies and education. The government is also the biggest segment in terms of volume demand. One of the Research Organization point out that India's video surveillance market has the potential to grow at an annual rate of nearly 13% during 2017-2023.


Analog based surveillance systems have accounted for majority of the market revenues, but recent trends indicate a shift towards IP based surveillance systems, used increasingly in different verticals across private and public sector. As per research the Northern region registered the highest revenue in 2016 with states of Delhi NCR, Haryana, Punjab, Uttaranchal and Uttar Pradesh being the major contributors. 






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