6wresearch logo

India Video Surveillance Market (2016-2022)-6Wresearch

August 11, 2016

India Video Surveillance Market is Projected to Grow at a CAGR of Over 13% During 2016-22; Hikvision, CP Plus, Dahua, Axis Communications and Honeywell Acquired Majority of Market in 2015- 6Wresearch

India has emerged as one of the most promising markets for electronic security systems in last six years. Amongst all electronic security systems, video surveillance systems have captured key share of the market pie. Video surveillance market in India has increased tremendously in recent years on account of rising security concerns, primarily related to terrorism threats and increasing crime rates. Additionally, India's video surveillance market is also driven by increasing IT spending coupled with government initiatives.

According to 6Wresearch, India Video Surveillance Market is projected to grow at a CAGR of over 13% from 2016 to 2022. Until 2015, analog video surveillance systems captured majority of the market demand owing to low cost and ease of installation. However, analog video surveillance systems market is gradually becoming matured and is being overtaken by IP surveillance systems.

According to Rajat Kharbanda, Senior Consultant, Research and Consulting, 6Wresearch," IP video surveillance segment is expected to overtake analog video surveillance segment over the next six years attributed to declining prices, higher flexibility, scalability, remote accessibility and rising IT infrastructure".

"In addition to, the government & transportation and banking verticals are shifting highly towards IP video surveillance systems in order to prevent major security threats," Rajat further added.

According to Prijo Samuel, Senior Research Analyst, Research and Consulting, 6Wresearch," Amongst major verticals, government & transportation vertical accounted for major revenue share on account of deployment of these systems for city surveillance and to secure public transportation network, followed by commercial offices, banking and others".

"Additionally, in terms of value, players such as Hikvision, CP Plus, Dahua, Axis Communications, Honeywell and Panasonic cumulatively accounted for over 78% of the total market in 2015," Samuel concluded.

The major companies in India video surveillance market include- Axis Communications, Bosch Security Systems, CP Plus, FLIR Systems (DVTel), Hikvision, Hanwha Techwin (Samsung), Honeywell, Panasonic, Pelco, Sony, Dahua and Zicom.

"India Video Surveillance Market (2016-2022)" provides in-depth analysis with 92 figures and 64 tables covered in more than 190 pages. The report estimates and forecast the overall India video surveillance market by revenue, by types & components of video surveillance systems and verticals such as banking & financial institutions, government & transportation, commercial offices, retail, industrial & manufacturing, residential, hospitality & healthcare and educational institutions. The report also provide insights on competitive landscape, market share by companies, companies benchmarking, company profiles, market drivers and restraints.

Media Source: Open PR

      Browse More Report

India LED Lighting Market (2017-2023)

Market Forecast by Types (LED Lamps (Self-Ballasted, Down Lighters and Street Lights) and LED Luminaires (Indoor and Outdoor Luminaires)), By Wattage (Upto 5W, 6W-10W, 11W-15W, 16W-20W and Above 20W), Applications (Outdoor Lighting, Indoor Lighting ...

Read More

Saudi Arabia Diesel Genset Rental Market (2017-2022)

Market Forecast by KVA Rating (Below 100 KVA, 100.1 KVA- 350 KVA, 350.1 KVA-750 KVA, 750.1 KVA-1000 KVA and Above 1000 KVA), Applications (Power Utilities, Oil & Gas, Construction, Manufacturing, Quarrying and Mining and Others)

Read More

Latin America Asphalt Paver Market (2017-2022)

Market Forecast by Types (Wheeled and Tracked Asphalt Pavers), Technologies (Hydrostatic and Mechanical), Paving Width (<2.5m, 2.5-5m and >5m) and Countries (Mexico, Brazil, Argentina, Colombia, Chile and Others)

Read More

GCC Medium Voltage Switchgear Market (2017-2023)

Market Forecast by Insulation (AIS, GIS and Others), Applications (Oil & Gas, Industrial, Infrastructure & Transportation, Commercial and Power Utilities) and Countries (Saudi Arabia, UAE, Qatar, Kuwait, Oman and Bahrain)

Read More

GCC Air Conditioner Market (2017-2023)

Market Forecast by Air Conditioners Types (Window AC, Split AC, Ceiling Concealed/ Ducted Split, Packaged AC, Suspended AC, Floor Standing AC, Cassette AC and Centralized AC (Chiller, VRF, Condensing Unit and AHU/FCU)), Applications

Read More

Japan Video Surveillance Systems Market (2017-2023)

Market Forecast by Types (Analog, IP and Video Surveillance Software), Verticals (Banking & Financial Institutions, Government & Transportation, Retail, Commercial Offices, Industrial & Manufacturing, Residential, Hospitality & Healthcare and Educational Institutions)

Read More

India Power & Distribution Transformer Market (2017-2022)

Market Forecast by Types (Power Transformer and Distribution Transformer), Power Rating (Power Transformer (5.1 MVA – 50 MVA, 50.1 MVA – 160 MVA, 160.1 MVA – 350 MVA and Above 350 MVA) and Distribution Transformer (Up to 100 kVA, 100.1 – 315 kVA and 315.1 – 5 MVA)

Read More

India Output Management Software Market for SME Segment (2016-2022)

Market Forecast by Segments (On-Premise Output Management Software and Cloud Output Management Software), Regions (Northern, Southern, Eastern and Western) and Competitive Landscape)

Read More


Our Key Clients
6wreserach client list