Press release
India CCTV Market 2021 Precise Outlook - Aditya Infotech Ltd. (CP Plus GmbH & Co KG), Videocon Industries Limited, D-Link India Limited
The India CCTV Market report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain. The report provides in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies.India CCTV market is expected to register a CAGR of 22.35% over the forecast period from 2020 to 2025.
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Top Leading Companies of India CCTV Market are Aditya Infotech Ltd. (CP Plus GmbH & Co KG), Videocon Industries Limited, D-Link India Limited, Godrej Security Solution, Honeywell Commercial Security, Axis Video Systems India Pvt Ltd and others.
Industry News and Updates
January 2020 - D-Link announced some additions to the mydlink product portfolio. The latest mydlink cameras feature edge-based person detection with AI technology, allowing for more personal and intelligent automation and surveillance for every smart home. Additionally, all modern cameras feature the latest industry-standard 128-bit wireless encryption, built-in Bluetooth for faster setup, cloud recording, and work with the free mydlink app for remote viewing and management.
- February 2020 - Hikvision announced the launch of a new generation of its signature AcuSense products, with significant updates. Compared with previous AcuSense cameras, this latest generation extends target classification distances from 10, 15, or 22 meters to 20, 25, or 30 meters, depending on the model. The camera lenses are also equipped with an aperture reaching up to F1.4.
Key Market Trends
Government is Expected to Hold Significant Share
- State governments in India are increasingly adopting video surveillance equipment to improve security and safety. For instance, The Telangana government is primarily focusing on enhancing surveillance on the streets to upgrade Hyderabad's safety. It asked residential associations, enterprises, public sectors, and individuals to install closed-circuit television cameras (CCTVs) in and around their premises. More than a lakh CCTVs are expected to be installed across the city in the next few years. The initiative is a part of the Nenu Saitham (Telugu for Me Too) project being promoted by Hyderabad Police, which is expected to monitor the feed. To ensure that low-quality CCTVs are not installed, and the project is sustainable, the police asked citizens to only buy from selected vendors.
- In June 2019, Delhi Chief Minister inaugurated several hundred CCTV cameras in Laxmi Bai Nagar in New Delhi. The Delhi government is installing CCTV cameras in the city to ensure the security of its people and lights have been installed on roads that fall in the domain. While referring to the rise in crimes against women, the government was installing around 3 lakh CCTV cameras in the city, which will act as a deterrent and bring down the crime rate. The installation of CCTV cameras is a part of the government's city-wide program under which an average of 4,000 CCTV cameras will be set up in each assembly constituency. Around 3 lakh cameras are expected to be installed in all 70 assembly constituencies.
Regional Outlook of India CCTV Market report includes the following geographic areas such as: North America, Europe, China, Japan, Southeast Asia, India and ROW.
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What Are The Market Factors That Are Explained In The Report?
Key Strategic Developments: The study also includes the key strategic developments of the market, comprising R&D, new product launch, M&A, agreements, collaborations, partnerships, joint ventures, and regional growth of the leading competitors operating in the market on a global and regional scale.
Analytical Tools: The India CCTV Market Report includes the accurately studied and assessed data of the key industry players and their scope in the market by means of a number of analytical tools. The analytical tools such as Porter’s five forces analysis, SWOT analysis, feasibility study, and investment return analysis have been used to analyze the growth of the key players operating in the market.
Key Market Features: The report evaluated key market features, including revenue, price, capacity, capacity utilization rate, gross, production, production rate, consumption, import/export, supply/demand, cost, market share, CAGR, and gross margin. In addition, the study offers a comprehensive study of the key market dynamics and their latest trends, along with pertinent market segments and sub-segments.
Customization of the Report: This report can be customized as per your needs for additional data up to 3 companies or countries or 40 analyst hours.
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MarketInsightsReports provides syndicated market research on industry verticals including Healthcare, Information and Communication Technology (ICT), Technology and Media, Chemicals, Materials, Energy, Heavy Industry, etc. MarketInsightsReports provides global and regional market intelligence coverage, a 360-degree market view which includes statistical forecasts, competitive landscape, detailed segmentation, key trends, and strategic recommendations.
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