Market Forecast By Product Types (Conventional, Discreet, Dome, Bullet CCTV Cameras), By Technology (Analog CCTV Systems, Wireless CCTV Systems, IP-based CCTV Systems, Hybrid CCTV Systems), By Applications (BFSI, Healthcare, Transportation, Education, Business, Retail), By Surveillance Components (CCTV Camera, Video Surveillance Storage Mechanisms, Video Surveillance Software, Analytics) And Competitive Landscape
Product Code: ETC013604 | Publication Date: Mar 2024 | Updated Date: Apr 2025 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 | |
India Cctv market currently, in 2023, has witnessed an HHI of 2613, Which has decreased slightly as compared to the HHI of 3327 in 2017. The market is moving towards concentration. The herfindahl index measures the competitiveness of exporting countries. The range lies from 0 to 10000, where a lower index number represents a larger number of players or exporting countries in the market while a large index number means fewer numbers of players or countries exporting in the market.
Report Name | India CCTV Market |
Forecast Period | 2025-2031 |
CAGR | 6.5% |
Growing Sector | Commercial |
The India CCTV Market report thoroughly covers the market by products, systems, and services. The report provides an unbiased and detailed analysis of the ongoing market trends, opportunities/high-growth areas, and market drivers to help stakeholders align their strategies with current and future market dynamics.
The India CCTV market has been gaining traction over the years, influenced by concerns regarding security and surveillance rises across various industries. Also, the demand for the demand for CCTV systems is increasing tremendously, driven by government efforts, including smart city projects and rapid urbanization. To improve the efficiency of CCTV systems, there are some advancements have been integrated such as cloud-based storage solutions and AI-enabled surveillance.
According to 6Wresearch, the India CCTV Market is anticipated to grow at a CAGR of 6.5% during the forecast period 2025-2031. The rising adoption of robust surveillance systems, this aspect is contributing to the market growth, influenced by the development of the infrastructure across cities and expanding urbanization. Additionally, CCTV installations have been increasing in the country, with the rising government focus on enhancing public safety, including smart city projects. There are some other major factors involved in shaping the India CCTV Market growth such as technological advancements such as AI and IoT integration and security concerns across certain sectors, including residential and commercial have been increasing. Furthermore, widespread adoption of CCTVs being seen in the country as the CCTV systems’s costs falling, making it more accessible to a larger population. Besides its growth landscape, the market consists of several obstacles that need to be addressed. These challenges are inconsistent adoption in the country as seen with the shortage of standardized rules leading to the use and installation of surveillance systems, coupled with the rising misuse of surveillance footage has created concern regarding the moral implications of prevalent monitoring.
Below are mentioned several trends shaping the market growth:
Government Efforts Driving Adoption
Growing Demand for Smart Surveillance Solutions
Technological Advancements
Several opportunities are mentioned in the following points proliferating the market growth, these opportunities include:
Development of Manufacturing Capabilities
Expansion of Distribution Networks
Emphasis on R&D for Advanced Technologies
The India CCTV market consists of both the players including domestic and international offering advanced surveillance solutions. Several prominent players include
These companies lead in the market owing to their wide-ranging product portfolios and consistent investments in technological advancements.
Government policies and regulations have been introduced that are playing a vital role in boosting the CCTV market in India. For making sure the proper storage of surveillance data to protect individuals' privacy and security, data protection laws have been established. Additionally, to improve public safety, the government has set initiatives like the "Safe City Project", which is boosting the adoption of CCTV systems in entire regions, especially in urban areas. Adherence to these rules fosters trust among consumers while powerful standardization in the industry. Lastly, the government has made compulsory the installation of CCTVs across public and private sectors, proliferating the market expansion.
The future of the India CCTV market seems optimistic, influenced by various drivers such as advancements in technologies, increased security concerns and urbanization. The rising incorporation of advanced technologies such as artificial intelligence and machine learning is expected to escort in smart surveillance systems capable of facial recognition and real-time analytics. Another factor that is estimated to leave a positive impact on the market growth is the rising 5G technology proliferation rate, faster data transmission, and enhanced connectivity to monitor remotely. Furthermore, the market will experience considerable growth in the coming years with the growing security concern awareness and affordability of CCTVs.
The report offers a comprehensive study of the following market segments and their leading categories:
According to Ashutosh, Senior Research Analyst at 6Wresearch, Dome CCTV Cameras demand has been rising, as it is a leading choice owing to their features such as versatility and wide-angle coverage, making them perfect for indoor surveillance across sectors like retail, education, and healthcare.
In terms of applications, the Business and Retail sectors dominate the demand, relying heavily on advanced surveillance to ensure safety, prevent theft, and monitor operations effectively.
The report provides a detailed analysis of the following market segments:
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 India CCTV Market Overview |
3.1 India CCTV Market Revenues & Volume, 2021 - 2031F |
3.2 India CCTV Market - Industry Life Cycle |
3.3 India CCTV Market - Porter's Five Forces |
3.4 India CCTV Market Revenues & Volume Share, By Product Types, 2021 & 2031F |
3.5 India CCTV Market Revenues & Volume Share, By Technology, 2021 & 2031F |
3.6 India CCTV Market Revenues & Volume Share, By Applications, 2021 & 2031F |
3.7 India CCTV Market Revenues & Volume Share, By Surveillance Components, 2021 & 2031F |
4 India CCTV Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 India CCTV Market Trends |
6 India CCTV Market Segmentation |
6.1 India CCTV Market, By Product Types |
6.1.1 Overview and Analysis |
6.1.2 India CCTV Market Revenues & Volume, By Product Types, 2021 - 2031F |
6.1.3 India CCTV Market Revenues & Volume, By Conventional, 2021 - 2031F |
6.1.4 India CCTV Market Revenues & Volume, By Discreet, 2021 - 2031F |
6.1.5 India CCTV Market Revenues & Volume, By Dome, 2021 - 2031F |
6.1.6 India CCTV Market Revenues & Volume, By Bullet CCTV Cameras, 2021 - 2031F |
6.2 India CCTV Market, By Technology |
6.2.1 Overview and Analysis |
6.2.2 India CCTV Market Revenues & Volume, By Analog CCTV Systems, 2021 - 2031F |
6.2.3 India CCTV Market Revenues & Volume, By Wireless CCTV Systems, 2021 - 2031F |
6.2.4 India CCTV Market Revenues & Volume, By IP-based CCTV Systems, 2021 - 2031F |
6.2.5 India CCTV Market Revenues & Volume, By Hybrid CCTV Systems, 2021 - 2031F |
6.3 India CCTV Market, By Applications |
6.3.1 Overview and Analysis |
6.3.2 India CCTV Market Revenues & Volume, By BFSI, 2021 - 2031F |
6.3.3 India CCTV Market Revenues & Volume, By Healthcare, 2021 - 2031F |
6.3.4 India CCTV Market Revenues & Volume, By Transportation, 2021 - 2031F |
6.3.5 India CCTV Market Revenues & Volume, By Education, 2021 - 2031F |
6.3.6 India CCTV Market Revenues & Volume, By Business, 2021 - 2031F |
6.3.7 India CCTV Market Revenues & Volume, By Retail, 2021 - 2031F |
6.4 India CCTV Market, By Surveillance Components |
6.4.1 Overview and Analysis |
6.4.2 India CCTV Market Revenues & Volume, By CCTV Camera, 2021 - 2031F |
6.4.3 India CCTV Market Revenues & Volume, By Video Surveillance Storage Mechanisms, 2021 - 2031F |
6.4.4 India CCTV Market Revenues & Volume, By Video Surveillance Software, 2021 - 2031F |
6.4.5 India CCTV Market Revenues & Volume, By Analytics, 2021 - 2031F |
7 India CCTV Market Import-Export Trade Statistics |
7.1 India CCTV Market Export to Major Countries |
7.2 India CCTV Market Imports from Major Countries |
8 India CCTV Market Key Performance Indicators |
9 India CCTV Market - Opportunity Assessment |
9.1 India CCTV Market Opportunity Assessment, By Product Types, 2021 & 2031F |
9.2 India CCTV Market Opportunity Assessment, By Technology, 2021 & 2031F |
9.3 India CCTV Market Opportunity Assessment, By Applications, 2021 & 2031F |
9.4 India CCTV Market Opportunity Assessment, By Surveillance Components, 2021 & 2031F |
10 India CCTV Market - Competitive Landscape |
10.1 India CCTV Market Revenue Share, By Companies, 2024 |
10.2 India CCTV Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |
Market Forecast By Product Types (Conventional, Discreet, Dome, Bullet CCTV Cameras), By Technology (Analog CCTV Systems, Wireless CCTV Systems, IP-based CCTV Systems, Hybrid CCTV Systems), By Applications (BFSI, Healthcare, Transportation, Education, Business, Retail), By Surveillance Components (CCTV Camera, Video Surveillance Storage Mechanisms, Video Surveillance Software, Analytics) And Competitive Landscape
Product Code: ETC013604 | Publication Date: Aug 2023 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 |
In the year 2021, Viet Nam was the largest exporter in terms of value, followed by China. It has registered a decline of -0.15% over the previous year. While China registered a decline of -8.17% as compared to the previous year. In the year 2017, China was the largest exporter followed by Thailand. In terms of the Herfindahl Index, which measures the competitiveness of countries exporting, India has a Herfindahl index of 3327 in 2017 which signifies high concentration also in 2021 it registered a Herfindahl index of 2616 which signifies high concentration in the market.
India CCTV Market report thoroughly covers the market by product types, by technology, by applications, and by surveillance components. The market outlook report provides an unbiased and detailed analysis of the ongoing market trends, opportunities/high growth areas, and market drivers which would help the stakeholders to devise and align their market strategies according to the current and future market dynamics.
India CCTV Market is projected to secure tremendous growth owing to ongoing various latest developments such as rising demand for AI-powered technologies and cloud-based storage surveillance solutions. Additionally, equipped security systems are increasingly becoming popular that are integrated with several advanced technologies like facial recognition and behavioral analytics are estimated to widen the India CCTV industry landscape in the market in the upcoming years. Moreover, Key giant companies are investing heavily in expanding their product portfolio by developing innovative security ranges is again a major factor driving the market growth at a rapid pace in the coming years.
India CCTV Market is surging in the country underpinned by the rising smart city initiative by the government where demand for smart & intelligent camera requirements is rising equipped with advanced features including, AI- enables and machine learning equipped. Also, India has been increasingly becoming a smart country with the rising technological advancements among various sectors, hence installation of smart cameras is increasing at a rapid pace and is estimated to accelerate the market growth.
According to 6Wresearch, the India CCTV Market size is projected to gain momentum during 2020-2026. The market is driven by the rising adoption in the residential sector with growing security concerns. Also, expansion of the commercial places, rapid urbanization, and increasing population rate are estimated to bolster the demand for CCTVs and further estimated to burgeon the market growth in the country. On the other hand, lack of standardization and intense competition leading to reduce profit margin rates are estimated to restrain the market to grow potentially. However, some ongoing opportunities & trends in the market likely to propel the India CCTV Market growth are AI-based facial recognition software and high-resolution monitoring need are securing a high product demand in the country.
The COVID-19 pandemic had seen a slightly mixed impact on the India CCTV Market. The imposed strict regulations during the pandemic time to cease the virus spread led to the closure of all industrial functions and companies which further resulted in a decline in CCTVs adoption. However, remote working had accelerated the demand for cloud-based storage systems in the country. Overall, the India CCTV Market share declined at the time of COVID-19.
Some of the notable key payers are mentioned below:
Based on the product types, Dome CCTV Cameras are holding the largest market share in the country on account of their benefits such as, vandal resistance, and capacity to cover wider areas.
Based on the technology, IP-based systems are experiencing prominent growth in the market due to their various benefits like scalability, and remote accessibility. Also, analog cameras are being replaced IP based cameras which is again another factor proliferating the growth of the market.
Based on the applications, the BFSI and retail sectors are witnessing significant growth in the market driven by high-security needs in the country. Hence, CCTVs adoption is high to ensure smart security.
According to Shivankar, Research Manager, 6Wresearch, Video Surveillance Software, and Analytics is rising the small to large businesses to enhance security and export required insights from video footage.
The report offers a comprehensive study of the subsequent market segments: