India CCTV Market Overview 2017-2023: CP Plus Dominates with the Major Market Share Followed by Hikvision and …
The report will provides the historical, present and forecasted data to understand the growth potential of the market. The report will provides in-depth analysis of non-IP/IP Base CCTV market in CCTV Camera and Video recorder segment. The report also covers the leading companies in CCTV market along with examining the competition between them.
Forecasted Data of five years is provides to understand the market growth potential in coming years. Comprehensive and iterative research methodology focused on minimizing errors was employed in order to provide the most accurate estimates and forecast possible. Additionally, the report includes a bird eye view on India CCTV market, with the all segment covers with forecast.
The CCTV Market is expected to grow with a CAGR of more than 12% in forecasted period 2018-2023. CCTV market has higher penetration in Tier 1, 2 cities together contributes more than 80% market in India. By region, In CCTV market, North dominates the market.
South and west together contributes more than 55% market share. In CCTV Camera Market Dome type CCTV Camera is highly used in Indian market follow by Bullet and Box. Residential Sector is one of the major factors in preference of Dome type CCTV Camera.
After Implementation of 4G Network India, the IP Based Technology has gain momentum in CCTV market as the bandwidth required is now more sufficient to support the IP solution. Now IP is in fact evolving and have various options with 4G, wireless technology. Rise in unsociable elements, terrorist activities, threat perceptions, growing crime rates, data thefts, remote monitoring, growth of public infrastructure, increase in IT spending, and government initiatives are the main reasons for the unprecedented boom in the CCTV market.
CP Plus is one of the dominating brands in CCTV market India with major market share followed by other players like Hikvision and Dahua from China, Panasonic, Bosch Security Systems, and Honeywell. In last few years, CCTV market has shown huge potential in India. With the entry of new players like Videocon Wallcam and D-link it is seems that market will get more competitive in future.
It is expected that in forecasted period the organised players will gobble the share of unorganised players. Key Topics Covered:
1. Executive Summary
2. India Video Surveillance Market Outlook
3. India CCTV Camera Market Outlook
4. India CCTV Video recorder Market Outlook
5. India CCTV Storage Market Outlook
6. India CCTV Monitor Market Outlook
7. India CCTV Video Management Software / Analytics, Accessories and other Market Outlook
8. Company Profiles
- CP PLUS India Private Limited
- Dahua Technology Co. Ltd.
- Honeywell International Inc.
- Panasonic Corporation
- PramaHikvision India Pvt.
For more information about this report visit https://www.researchandmarkets.com/research/v6dn4f/india_cctv_market?w=5 Media Contact: Research and Markets
Laura Wood, Senior Manager
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