Market Share of India Video Surveillance Industry
The Indian video surveillance market is highly fragmented, with major players such as Panasonic Corporation, Samsung, Honeywell, and Bosch. Partnerships, innovations, investments, and acquisitions are among the strategies used by market participants to improve their product offerings and gain a sustainable competitive advantage.
January 2024 - Johnson Controls India introduced state-of-the-art domestic security cameras, emphasizing their commitment to the Make in India initiative. With over 75% of local components, the Illustra Standard Gen3 cameras showcase dedication to self-reliance and solidify Johnson Controls’ role as a key player in global manufacturing.
December 2023 - Prama India unveiled its latest range of indigenously manufactured Ranginview Camera series and bespoke Video Security Products at the IFSEC India Security Expo 2023. The latest products embedded with cutting-edge technologies, such as artificial intelligence (AI) and IoT security technologies and applications, were displayed at the PRAMA booth. The PRAMA booth at the IFSEC India displayed a wide range of indigenously manufactured products and innovative solutions.
India Video Surveillance Market Leaders
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Axis Communications AB
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Bosch Security Systems Incorporated
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Honeywell Security Group
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Samsung Group
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Panasonic Corporation
*Disclaimer: Major Players sorted in no particular order
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