Examining Closed-circuit TVs

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India overall CCTV Market is expected to register a CAGR of more than 12% in forecasted period 2018-2023.






CTV Camera is the dominant Segment in CCTV Market followed by the video recorder. The market is driven by the increased acceptance of IP based technology over non-IP. Currently, the market is driven by traditional non-IP technology. It is expected the market will drive by IP Based technology in the forecast period. Non-IP CCTV camera market contributes more than 60% market share in 2017.

Dome type CCTV Camera highly preferable in India CCTV Market. In terms of the Video recorder, DVR is high acceptance in India CCTV Market followed by NVR/HVR. Network video recorder (NVR) is gaining ground in video recorder segment as CCTV Market is shifting from Non-IP to IP based technology. It is expected the NVR will overtake the DVR in the forecasted period.

The Key players operate in CCTV Market includes CP Plus, Dahua, Hikvision, Axis Communication, Zicom, Videocon etc. CP Plus contributes a major share in CCTV Market. Strong Brand Promotion with reality shows like Big Boss has a growth indicator in India CCTV market. Government initiatives such as Smart Cities; investments in public infrastructure, increasing crime rates, data thefts, and increasing security awareness are boosting the market for CCTV surveillance systems in India.

Considered for the Report:

·         Geography: India
·         Base Year: 2017
·         Estimated Year: 2018
·         Forecast Year: FY 2023

An objective of the study:

·         To present an overview on CCTV industry of India.
·         To analyze and forecast the market size of CCTV Camera, video recorder, storage, monitor, in terms of value as well as volume.
·         To define, classify and forecast the CCTV market on the basis of components (Cameras, video recorder, storage, and monitor) and technology like IP and Non-IP Based.
·         To further classify and forecast all the product types into various sub-segments (Analog / HD).
·         To strategically profile leading players, which are operating in the CCTV industry in India.

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Category: Technology Market Research Reports

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