Increased economic activities, higher urbanization rates and growth in crime creates the need for surveillance, which is expected to grow in future. Given the currently nascent market, targeting the right customer segment with products and services that offer desired outcome along with educating customers of the associated benefits hold the key to growth. Also, Government initiatives like “Make in India”, “Digital India” and “Smart Cities” will drive greater adoption of video security surveillance. IP solutions are likely to gain prominence. Video Surveillance as a Service (VSaaS) will gain prominence because of the associated benefits like less cost and higher comfort to consumer. It will be crucial for the service providers to offer a range of options to the user – Live only (real time viewing), Camera storage, On-premise storage, Cloud based storage, etc.
The scope of this research includes vendors, service providers, and resellers that offer video surveillance solutions and services.
The fiscal year runs from April to March. Geographic coverage: India
Study period: FY 2015-FY 2021
Base year: FY 2015
Forecast period: FY 2016-FY 2021
VIDEO SURVEILLANCE MARKET: Cameras (IP and Analog), DVRs and NVRs (Hybrid DVRs classified under NVRs), VMS (Online, On-premise, Hosted by SPs), Analytics
VIDEO SURVEILLANCE-AS-A-SERVICE MARKET: Managed, Hosted, Hybrid
VIDEO SURVEILLANCE STORAGE MARKET: Video Surveillance and VSaaS Markets
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