According to India CCTV Camera Market Outlook, 2021, the India CCTV Camera market is expected to grow with a CAGR of about 27.16% in the period from 2016 to 2021. Technology wise non-IP dominates the Indian market but in the coming years IP is expected to take the lead soon. Non -IP technology constitutes of analog and HD CCTV cameras Analog is technology which is in a depleting stage and it share is expected to be taken by the IP technology and the HD type CCTV camera. Dome typed cameras are the most widely used cameras in any sectors. Commercial segment is the driver of the CCTV market in India with the increasing count of SOHO's and SME's. With the increasing security concerns, residential sector would also be one of the factors for the increasing market.As criminal activities are more in the northern region of India, North dominates the market in terms of revenue. According to the technology different players are present in the market. In the non-IP segment the market is consisting of players like CP Plus, Dahua and Prama Hikvision constituting to more than 70% of the market.Whereas in case of IP segment market consists of Axis Communication, Bosch, Panasonic, Honeywell, etc. The widespread use of CCTV camera in various industries like government sectors, SOHO's and SME's, Banking, Hospitality and other commercial establishment will make the CCTV cameras market to increase with a robust growth
source was taken from cpplus
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