CCTV Market in India Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)

CCTV surveillance cameras are gaining prominence in India due to high crime rates, particularly in Tier 1 and 2 cities, with key market players including Godrej, Panasonic, Hikvision, and Dahua. The Indian Railways and other transportation hubs are extensively deploying IP-based security systems, including facial recognition. The government sector's implementation of surveillance equipment significantly contributes to the market growth. The Indian video security market is fragmented due to significant players and technological advancements.

CCTV Market in India Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)

India CCTV Camera Industry Overview

The Indian CCTV market is fragmented due to significant players, such as Aditya Infotech Ltd (CP Plus GmbH & Co KG), Videocon Industries Limited, D-Link India Limited, Godrej Security Solution, Honeywell Commercial Security, Axis Video Systems India Pvt. Ltd, Everfocus Electronics (I) Pvt. Ltd, etc. Technological advancements are also bringing considerable competitive advantage to companies, and the market is witnessing multiple mergers and partnerships.

  • June 2022: Dahua Technology officially launched the full-color smart dual illuminators camera series at its 2022 full-color online launch. The latest series integrates two illuminators, warm light, and infrared light, with three supplementary light modes to provide clear and vivid full-color images while avoiding continuous use of warm light, providing a flexible solution for various night and low-light monitoring scenarios.

India CCTV Camera Market Leaders

  1. HIKVISION Digital Technology Co, Ltd. (Hikvision India)

  2. Honeywell Commercial Security (Honeywell International Inc)

  3. Aditya Infotech Ltd. (CP Plus GmbH & Co KG)

  4. Videocon Industries Limited

  5. Zicom Electronic Security Systems

  6. *Disclaimer: Major Players sorted in no particular order
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