6wresearch logo

IP Surveillance: Honeywell

02 Aug 2012

The ChannelWorld MVP 2012 survey showed a tough tussle between Honeywell and Cisco in the IP Surveillance category but the former won though with a small margin. Honeywell received highest scores in three parameters – market assistance, customer support and financial terms.

IP video surveillance is a definite emergent trend primarily due to recent spate of terrorist activities, and the advent of compliance issues. Government and Corporate in India are investing a significant amount of security budget on IP surveillance projects.

India Video Surveillance market is expected to reach $952.94 million by 2016, with a CAGR of 32.49% from 2011-2016 according to 6Wresearch. In 2011, though analog based surveillance systems have accounted for majority of the share i.e. 67.80% in the overall market but IP based surveillance systems would grow with relatively higher CAGR of 41.78% from 2011-2016, according to the research firm.

It was a tough tussle between Honeywell and Cisco but the former won though with a small margin. Honeywell received highest scores in three parameters – Market assistance, Customer support and financial terms. Cisco came in a close second mainly due to high scores for ‘Training & Certification’ and ‘Management style’.

Pelco by Schneider had a huge fall to number five from its top position in last year’s survey.

Siemens scored highest in the parameter of ‘Technology solutions’, which pushed them a rank higher to third this year. D-Link scored low scores across most parameters compared to top three but the vendor was at number four this year.

Devang Jasani CEO at Vadodara based Meridian Infotech, observes that Honeywell’s market intelligence makes it a best vendor in ‘Market Assistance’ parameter. He explains, “They generate business leads for us through their market intelligence mechanism. They assist us organize marketing events like business seminar etc. which helps us to execute more business. Honeywell updates us about all the technology advancements in the industry. It is easy to sell Honeywell’s products and services due to its great acceptance in IP Surveillance market.”

Rajeev Patayeet, Director, VinTech Electronics Systems comments, “Honeywell is a highly focused vendor with a great mindshare and an end-to-end solution portfolio. It is probably the only vendor which is a one-stop shop in IP surveillance space,” Patayeet concludes.

Jasani informs, “Our business is primarily focused more on facility maintenance, strategic outsourcing of IT infrastructure, and lease and rental of IT infrastructure equipment. For these business activities, Honeywell’s ‘customer support’ played a crucial role for us.”

According to U.K.-based firm IMS Research, the growth in worldwide market for video surveillance equipment was mainly driven by sales of IP-based network video surveillance equipment. IMS forecasts global network security camera market to exceed 4 billion USD in 2015.

Source:http://www.channelworld.in/mvp2012/ip-surveillance

      Browse More Report

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

Saudi Arabia Construction Equipment Market (2017-2022)

Market Forecast by Equipment Types (Mobile Crane, Earthmoving Equipment (Motor Grader, Excavator and Loaders), Material Handling Equipment (Telescopic Handlers and Forklifts), Aerial Work Platform (Articulated Boom Lifts, Telescopic Boom Lifts and Scissor Lifts)

Read More

India Package Substation Market (2017-2023)

Market Forecast by Types (11KV, 33KV, 66 KV and 132KV), Verticals (Residential, Industrial, Infrastructure & Transportation, Commercial and Power Utilities), Regions (Northern, Southern, Western and Eastern) and Competitive Landscape

Read More

India Air Purifier Market (2017-2023)

Market Forecast by Markets Covered by Segments (Car and Room), Types (Type I: HEPA + Carbon, Type II: HEPA + Carbon + Ionizer, Type III: HEPA + Carbon+ UV, Type IV: HEPA + Carbon + Electrostatic, Type V: HEPA + Carbon + Ionizer+ UV + Electrostatic

Read More

India Video Surveillance Storage Market, CY H1 2016

According to 6Wresearch, India VSS (DVR and NVR) market reached over 0.64 Million units in CY H1 2016. CP-Plus led the market with more than 35% share followed by Hikvision and Dahua.

Read More

India Digital Signage Market (2016-2022)

Market Forecast by Components (Display Screens, Content Players and Software), Display Screens (Single Screen, Video Walls/Multi-Screens and Kiosks), Display Screen Technologies (LCD, LED, OLED and QLED), Display Screen Size

Read More

India Digital Camera Market, CY H1 2016

According to 6Wresearch, India Digital Camera market shipments reached over 0.3 Million units in CY H1 2016. Compact Digital camera market registered a significant decline

Read More


Our Key Clients
6wreserach client list