India Surveillance Camera Industry Overview
The Indian surveillance camera market is fragmented by nature, with several global and local players. Companies adhere to the country's stringent regulations and focus on innovations through research and development. Strategic initiatives like partnerships, collaborations, mergers, and acquisitions are significantly strengthening their market position. The major market players include CP PLUS, Zicom, Vantage Security, Hangzhou Hikvision Digital Technology Co. Ltd, and Infinova Group, among other companies.
- July 2024: CP PLUS has been selected as the exclusive partner to bolster the security infrastructure of the State Bank of India (SBI), a cornerstone of the nation's financial landscape. This collaboration extends across more than 3,600 SBI branches in Maharashtra and Rajasthan, introducing a new security and operational efficiency era through advanced IP technology developed in India. The adoption of CP PLUS's advanced security offerings not only revolutionizes the banking sector but also underscores the nation's commitment to pioneering technology solutions, further establishing India's global leadership in cutting-edge security measures.
- March 2024: CP PLUS, in line with PM Modi's vision for India's growth, champions the 'Made-in-Bharat' initiative. The company focuses on innovation, local production, and training programs to uplift security sector professionals. This underscores CP PLUS's dedication to excellence and leadership in the industry. As part of its expansion, CP PLUS is bolstering its distributor and SI network, boasting a direct presence in every nook of India through its extensive partner base of over 15,000.
India Surveillance Camera Market Leaders
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CP PLUS
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Zicom
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Vantage Security
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Hangzhou Hikvision Digital Technology Co., Ltd.
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Infinova Group
- *Disclaimer: Major Players sorted in no particular order
