India Video Surveillance Camera Market (2014 - 2019)
|Product Code: ETC000159||Publication Date: Apr 2014||Product Type: Report|
Video surveillance systems have captured key position in modern security systems. Inability of physical security to monitor 24x7 is driving the growth of video surveillance systems. Surveillance camera forms a core building block of video surveillance systems, which accounts for around 23%-51% of the total video surveillance systems cost. There are two types of video surveillance camera namely - analog and IP surveillance camera.
The report includes video surveillance camera market by technologies such as analog and IP; by regions such as North, South, East, West, and Central India; by verticals such as banking and finance, government, retail, commercial, industrial, residential, travel and transportation, and healthcare and provides their market trend and forecast in terms of volume (‘000 units) and revenue ($ Million) from the year 2011 to 2019, with CAGR from the year 2014 to 2019.
The report provides market share of major players for 2013 for all the quarters and by technologies and also provides market dynamics and trends in Indian video surveillance market. Additionally, the report provides exhaustive market snapshot for the year 2013 by technologies, resolution, type (day/night), USB connectivity, card support type, megapixel, shape, PoE type, Ethernet type, and PTZ feature.
Video surveillance market is gaining solid grounds in India due to security concerns, government initiatives, and growing awareness. Video surveillance has played an important role in enhancing homeland security systems for ensuring safety of individuals and control, monitor, and enforces public safety laws and regulations. Video surveillance finds wide application in all the verticals such as government, banking and finance, travel and transport, residential, commercial, healthcare, industrial, and retail. Among the aforementioned verticals, government and travel and transport are the leading verticals in indian market.
Cameras constitute major portion of cost in the surveillance systems and are majorly imported from countries such as China, Taiwan, Korea, Vietnam, and others. Domestic production constitutes miniscule share in the overall supply in the Indian Market and the scenario expected to moreover remain same during the forecast period due to low degree of support from government and lack of technical expertise for mass production.
The most commonly utilized form of surveillance camera in India is analog surveillance camera due to its low cost and ease of installation. However, IP surveillance camera market by revenue in India is projected to grow at a CAGR of 44.2%, during 2014-19. Major players in the market in-terms of volume include- Hikvision, CP-Plus, Dahua Security and others.