India Video Surveillance and VSaaS Market, 2017

India Video Surveillance and VSaaS Market, 2017

IP Technology, Low Price Points for Analog Solutions and Increased Use of Analytics are trends in the Video Surveillance Market

RELEASE DATE
28-Sep-2017
REGION
South Asia, Middle East & North Africa
Research Code: 9AC2-00-49-00-00
SKU: IT03493-SA-MR_20856

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Description

The Video Surveillance Market in India is rapidly growing, with enterprises and consumers realizing the importance of surveillance to ensure a safe environment and thus creating demand in both the organized and unorganized sectors of the market. However, it is a highly fragmented market with a large number of Original Equipment Manufacturers (OEMs), SIs, and SPs, who offer solutions across levels and users. This Industry Docket offers insights on the VSaaS market and maps strategies not just for new player entry but also for existing players to help them ramp up services and thence revenues and market share

Table of Contents

Scope & Limitations

Key Mega Trends—Smart Cities Mission and enterprise interest in video analytics and high-resolution imaging to drive uptake of VSaaS

The Video Surveillance market in India has considerably matured, Video Surveillance as a Service has started to pick up

What initially started off as Analog Systems, Video Surveillance has slowly moved into a phase of Digitalization

Growth Drivers: Increased Security Concerns, Investments in Urbanization, Building of Awareness and the Concept of Cloud

IP Technology, Low Price Points for Analog Solutions and Increased Use of Analytics are trends in the Video Surveillance Market

Easy access to surveillance video feeds from “anywhere” is a concept that is fast picking up in the Country

Market Trends—Just like any other “-as-a-Service” based offerings, Video Surveillance-as-a-Service (VSaaS) has started to create demand

However, a few Challenges in the Indian market worry Video Surveillance Vendors

New Technological Improvements are making Video Surveillance a Smarter System

Potential Market Opportunities—Industry specific surveillance packages; integration with security systems through use of analytics while monitoring; local police mandates

Defining Video Surveillance and Video Surveillance-as-a-Service (VSaaS)

The Building Blocks within the Video Surveillance System - Camera, Recorder, Coders, Management Software, Storage and Network

The Value Chain – From OEMs till End users

Unorganized & volume players lead; Superior product & networking technology allow value players to dominate enterprise segment

High double digit growth till 2020 is expected to push the Video Surveillance Market to INR. 20000 Cr

Demand of Video Surveillance is expected to remain high in transportation, government and BFSI sectors

Strong presence of central government offices and ministries has increased the need for Video Surveillance Systems in Delhi/NCR

An inclination toward using IP Cameras would slowdown the demand for analog-based Video Surveillance

Growing Network-friendly systems and Decreasing costs of connectivity/ storage have catalyzed the growth of IP-based Video Surveillance in India

Growing Network-friendly systems and Decreasing costs of connectivity/ storage have catalyzed the growth of IP-based Video Surveillance in India

Life Cycle Maturity Status for Video Surveillance Products: IP Cameras soon to take over Analog Systems

Given the privacy concerns of using Public Cloud, Customers prefer to opt for Private Cloud environment for Video Surveillance storage

IP-based Video Surveillance; Healthcare, Manufacturing and Hospitality; and VSaaS – The 3 Key Predictions

Underlying opportunities visible in IP-based VS, healthcare, manufacturing & hospitality and VSaaS

Maximize opportunities from existing products and markets; systematically explore new products, markets, including inorganic Opportunities

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Related Research
The Video Surveillance Market in India is rapidly growing, with enterprises and consumers realizing the importance of surveillance to ensure a safe environment and thus creating demand in both the organized and unorganized sectors of the market. However, it is a highly fragmented market with a large number of Original Equipment Manufacturers (OEMs), SIs, and SPs, who offer solutions across levels and users. This Industry Docket offers insights on the VSaaS market and maps strategies not just for new player entry but also for existing players to help them ramp up services and thence revenues and market share
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Author Rajarshi Dhar
Industries Information Technology
WIP Number 9AC2-00-49-00-00
Is Prebook No