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India Video Surveillance Market Research Report 2021-2027
Bharat Book Bureau Provides the Trending Market Research Report on “India Video Surveillance Market (2021-2027) “ under Services Market Research Reports Category. The report offers a collection of superior market research, market analysis, competitive intelligence and Market reports.
India Video Surveillance Market Forecast By Components (Camera, Recorder, Software And Encoder), By Verticals (Commercial Offices, Residential, Industrial And Manufacturing, Transportation, Government, Retail And Logistics, BFSI, Hospitality And Healthcare And Education), By Camera Types (Analog And IP), By Megapixels (Up To 1 MP, 1.1-2 MP, 2.1-3 MP, 3.1-5 MP And Above 5 MP), By Form Factor (Dome, Bullet And Others), By Recorder Types (Network Video Recorder And Digital Video Recorder), By Slot Types (With Slot And Without Slot), By Regions (Northern, Western, Eastern And Southern) And Competitive Landscape
India Video Surveillance Market report comprehensively covers the market by components, verticals, and regions. The market report provides an unbiased and detailed analysis of the ongoing market trends, opportunities, high growth areas and market drivers which would help the stakeholders to devise and align their market strategies according to the current and future market dynamics.
India Video Surveillance Market Synopsis
India Video Surveillance Market has been growing at a significant rate over the past few years owing to the rising security concerns, primarily arising from growing incidents of theft, domestic crime and acts of terrorism. However, uncertainties raised due to COVID-19 resulted in economic slowdown by creating an obstruction in the construction projects along with the contraction in the fund allocated for infrastructural projects which brought a negative impact on the demand for surveillance cameras in 2020. Besides, with the gradual lifting of lockdown restrictions post 2020 and increasing government initiatives, such as the smart city mission, installation of video surveillance systems for traffic management, rapid infrastructural growth and growing deployment of video surveillance system in schools, banks, coupled with rising awareness among the end users and businesses in the country about the advantages of video surveillance systems would act as a key driving force behind the growth of the market during the forecast period.
According to 6Wresearch, India Video Surveillance Market size is projected to grow at CAGR of 17.8% during 2021-27. India video surveillance market is predicted to witness significant growth during the forecast period due to rising crime, terrorism, communal violence and growing government, commercial and IT infrastructure in the country. Further, increased competencies and low penetration of CCTVs would also a play a significant role in raising the demand for surveillance systems in India.
Market Analysis by Products
By components, cameras accounted for the highest revenue share in the market in 2020 owing to the surging use of cameras by the law enforcement agencies and deployment of CCTV cameras across vertical like transportation with advanced intelligent functionalities like AI and machine learning solutions which enables facial recognition, thermal scanning and monitoring in order to combat COVID- 19 limitations. Further, with the growing development of smart cities and smart home applications in the country along with the strengthening IT infrastructure due to National Digital Communication Policy-2018, it is expected that IP surveillance cameras would remain the largest revenue shareholder, by type, during the forecast period.
Key Attractiveness of the Report
COVID-19 Impact on the Market.
10 Years Market Numbers.
Historical Data Starting from 2017 to 2020.
Base Year: 2020
Forecast Data until 2027.
Key Performance Indicators Impacting the Market.
Major Upcoming Developments and Projects.
Key Highlights of the Report
India Video Surveillance Market Overview
India Video Surveillance Market Outlook
India Video Surveillance Market Forecast
Historical Data and Forecast of India Video Surveillance Market Revenues for the Period 2017-2027F
Historical Data and Forecast of Revenues, By Components for the Period 2017-2027F
Historical Data and Forecast of Revenues, By Verticals for the Period 2017-2027F
Historical Data and Forecast of Revenues, By Regions for the Period 2017-2027F
Market Drivers, Restraints
India Video Surveillance Market Trends
Industry Life Cycle
Porter’s Five Forces Analysis
Market Opportunity Assessment
India Video Surveillance Market Share/Ranking, By Companies
Market Competitive Benchmarking
Key Strategic Recommendations
Market Scope and Segmentation
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