The report will provides the historical, present and forecasted data to understand the growth potential of the market. The report will provides in-depth analysis of non-IP/IP Base CCTV market in CCTV Camera and Video recorder segment.India overall CCTV Market is expected to register a CAGR of more than 12% in forecasted period 2018-2023. CCTV Camera is the dominant Segment in CCTV Market followed by video recorder. Market is driven by increase acceptance of IP based technology over non-IP. Currently, the market is driven by traditional non-IP technology.It is expected the market will driven by IP Based technology in 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 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 forecasted period. The Key players operate in CCTV Market includes CP Plus, Dahua, Hikvision, Axis Communication, Zicom, Videocon etc. CP Plus contributes major share in CCTV Market.Strong Brand Promotion with reality shows like Big Boss has 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.
source was taken from technical progress
for more details visit sixaxishttp://www.cctvshsoponline.in
No comments:
Post a Comment