20 Percent Annual Growth Expected for CCTV Use in India

Shift seen toward digital-technology based, Internet-protocol surveillance systems
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The deployment of CCTV surveillance devices is growing in India prompted by the use of CCTV by government and non-government organizations, thereby spurring an annual expected growth rate of more than 20 percent, says a report by Kuick Research, a market-research firm.
The security systems sector in India can be divided into four categories, access control, detector and scanners, CCTV and alarm systems, with the largest amongst those being the CCTV segment, says the report, India CCTV Market Outlook 2016. In addition, the CCTV market accounts for more than 50 percent of the entire electronic security equipment market in India.
The Indian CCTV market is witnessing immense growth from sectors such as city surveillance, hospitality, airport security, BFSI, retail, BPO, manufacturing, college campuses, infrastructure companies and education, according to the report.
The government, in general, is the largest market in terms of demand for CCTV systems, but the private sector is showing potential although that sector’s demand is dwarfed by the government sector, the study says.
In addition, analog based surveillance systems are currently the preference in CCTV systems, but recent trends indicate a shift towards digital-technology based, Internet protocol-surveillance systems, the report says.
The Indian market for surveillance and CCTV is fast changing with new technologies being introduced coupled with new technology focused on software-based solutions rather than hardware based, according to the report.
The latest technology expected to dominate the surveillance space is the network or IP camera and open source and fully integrated systems, with the option for remote surveillance, background screening, video analytics, digital video and sensor-based detection, are gaining in popularity, the document says.
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