India Video Surveillance Market to Reach USD 5.0 Billion by 2024

New York, USA, 2018-Dec-10 — /EPR Network/ —  According to Goldstein Research, India Video Surveillance Market is expected to reach USD 5.0 billion by the end of 2024 from USD 0.85 billion in 2016, growing at a CAGR of 33%. Rising incidents of terrorism, thefts, burglary, and other human and material safety related issues are driving the growing demand for video surveillances.  India Video Surveillance Industry segmentation has been done on the basis of types, specifications, end-users and geography. Analog based surveillance accounts for largest market share, whereas IP surveillance is expected to grow at the fastest rate in future backed by the growing IP infrastructure. India video surveillance market revenue was majorly drawn from the northern part of the country, which were majorly used at the airports, railway stations, educational institutions and power plants.

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Market Segmentation

IndiaVideo Surveillance Market can be segmented as follows:

By Types

  • Analog surveillance
  • Analog camera
  • DVR
  • IP/ Network surveillance
  • IP Camera
  • NVR
  • Encoder/ Decoder
  • Video surveillance software
  • VMS
  • Video Analytics
  • Others

By Specification

  • Outdoor/ Indoor
  • PTZ
  • Form Factor
  • Megapixel
  • ONVIF Complaint

By End User

  • Banking & Financial
  • Government & Transportation
  • Retail and Logistics
  • Commercial Offices
  • Industrial and Manufacturing
  • Residential
  • Hospitality and Healthcare
  • Educational Institutions

On the basis of region

  • Northern India (Delhi NCR, Haryana, Punjab, Uttaranchal, Uttar Pradesh) {Market Share (%), Market Size (USD Billion), Product Sales (Units)}
  • South India (Chennai, Kerala, etc) {Market Share (%), Market Size (USD Billion), Product Sales (Units)}
  • East India (Bihar:Patna, Gaya, Bhagalpur, Muzaffarpur, Purnia, West Bengal: Kolkata, Siliguri, Asansol, Durgapur etc) {Market Share (%), Market Size (USD Billion), Product Sales (Units)}
  • West India (Maharastra, Gujrat, Daman&Diu, Goa and rest of western India) {Market Share (%), Market Size (USD Billion), Product Sales (Units)}

 Get More Information About Video Surveillance Market

“India Video surveillance Market Outlook 2024” contains detailed overview of the India video surveillance market. On the basis of our in-depth analysis, market can be segmented in terms of market segmentation by types, specifications, end-user and geography.

The IndiaVideo surveillance Market Report highlights the in-depth analysis of video surveillance market report that will help the clients to assess their business strategies as per the competitive environment in the market space. The competitive outlook of major India players discussed in the India video surveillance market report includes the business strategies, revenue distribution, financial analysis, product portfolio, R&D activities and investments.

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Major players of the Indiavideo surveillance marketdiscussedin the report are: Axis Communications AB, Bosch Security Systems, Inc., CP Plus India Pvt. Ltd., FLIR Systems, Inc. (DVTel), Hangzhou Hikvision Digital Technology Co. Ltd., HanwhaTechwin Co., Ltd., Honeywell Automation India Limited, Panasonic India Pvt. Ltd., Pelco by Schneider Electric, Sony Corporation, Zhejiang Dahua Technology Co., Ltd., Zicom Electronic Security Systems Ltd.,etc.

Further, India Video surveillance Market Report encompasses the major trends & opportunities, market dynamics and other growth factors of the market. The Video surveillance Market outlook also comprises of key challenges, risk analysis, BPS analysis, SWOT Analysis and Market Attractiveness. The report also highlights the expert analysis to provide complete overview of the market including the PESTLE analysis of each region and country.

India Video Surveillance Market is driving on the basis of advancement in mention below industries:

Video Surveillance Market

video surveillance market size is projected to be valued at more than USD 76.84 billion by 2024, growing at a CAGR of 15.04% over the forecast period 2016-2024. The factors such as the need to secure various buildings, sites and premises due to rising security threats and increasing instances of crime and terror attacks are driving the growth of the Video Surveillance Market.

Video Surveillance Storage Market

The major driving factor for the expansion of Video Surveillance Storage Market is high definition, megapixel network cameras which resulted in the decrease in price and begun to proliferate, the need for reliable and scalable storage space has risen.

Surveillance Robots Market

various unmanned robots such as drones founded vast applications for monitoring and security purposes and is used by defense and civil sectors as well as used by individuals and companies for their personal surveillance benefits such as child care, security, and more. Surveillance Robots Market size is set to reach USD 10.23 billion by 2025, growing at a CAGR of 14.3% over the forecast period.

 Airborne Surveillance Market

major driving factor for the growth of Airborne Surveillance Market is the ease and remote monitoring features of the systems, even of the unreachable areas has increased the use of airborne surveillance all over the world. Further, continuous innovation and technological advancement trend are growing the dependency on the airborne surveillance systems.

Cameras Market

The Camera Market is expected to reach USD 15.9 billion by 2024, declining at a CAGR of 1.2% over the forecast period 2016-2024.The sale of smartphones with continuous improving camera quality is eating the HD camera market share. Expansion of product line and launching innovative design and technology products is expected to drive the market.

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