India Video Surveillance Market (2016-2022)

Market Reports on India presents the latest report on “India Video Surveillance Market (2016-2022)”. http://www.marketreportsonindia.com/consumer-goods-market-research-reports-12237/india-video-surveillance.html The report thoroughly covers video surveillance market types, components, verticals and regions.

16th June 2016 – Navi Mumbai, India: Market reports on India presents the latest report on “India Video Surveillance Market (2016-2022)”. The report provides an unbiased and detailed analysis of the on-going trends, opportunities/ high growth areas, market drivers which would help the stakeholders to decide.

India Video Surveillance Market (2016-2022): Market Forecast By Surveillance Type (Analog & IP Surveillance), Software (Video Management Software, Video Analytics and Others), By Components (Cameras (Analog and IP)), DVR/NVR, Encoders/Decoders, By Verticals (Government and Transportation, Banking & Financial, Retail, Industrial & Manufacturing, Commercial Offices, Residential, Hospitality & Healthcare and Education Institutions) and Regions (North India, South India, East India, West India and Central India)

India has emerged as one of the most promising markets for electronic security systems in last six years. Amongst all electronic security systems, video surveillance systems have captured key share of the market pie. Video surveillance market in India has increased tremendously in recent years on account of rising security concerns, primarily related to terrorism threats and increasing crime rates. Additionally, India’s video surveillance market is also driven by increasing IT spending coupled with government initiatives.

India’s video surveillance market is projected to grow at a CAGR of over 13% from 2016 to 2022. Although analog based surveillance systems have accounted for majority of the market revenues; however, growing awareness along with declining prices are likely to proliferate IP based surveillance systems market in the coming...