The Associated Chambers of Commerce and Industry of India (ASSOCHAM) have reported that demand for CCTV is soaring in India, after a number of high profile attacks on public safety across the country. The association conducted a survey among 200 security professionals from metropolitan cities, where public and private surveillance could make a significant impact to reduce levels of crime.
According to analysis by ASSOCHAM, the video surveillance and CCTV market in India is growing at a compounded annual growth rate of 30%. “Rapid economic growth and rising industrial activities amid security threats, fear of potential terrorist attacks has fuelled the demand for CCTV cameras evidently as government authorities and even private sector are investing huge amount of money in installing CCTVs to secure their offices and public places across the country,” said D S Rawat, secretary general of ASSOCHAM.
Mairaj Tyagi, Technical Sales Engineer at icomply India, believes that the growth of the CCTV and surveillance market can be traced back to the 2008 Mumbai terrorism, where 166 people died after 12 co-ordinated shooting and bombing attacks. “Before the attacks, no-one was taking an interest in the field of security. But in the aftermath, attitudes changed and now everyone is serious about protecting people’s public safety in India. CCTV has a bright future, not only in India, but the whole of Asia.”
The ASSOCHAM report cited lack of government support and an absence of regulatory framework as two key reasons for holding back the growth of domestic CCTV manufacturers in India. “I am certain that the government will provide more support and regulations for companies providing CCTV systems and hardware in the future”, commented Mairaj. “There was a recent announcement by New Delhi police that shortly the whole city will be under surveillance by CCTV, monitored from a central control room. As the Government is taking public safety more seriously, no doubt the scope of the CCTV industry will increase dramatically.”
“I expect the private sector to grow more rapidly than the public sector,” continued Mairaj. “The Indian government has limited sources of opportunities, whereas private enterprise resources are very extensive. Many new companies are now manufacturing, installing and integrating CCTV, so multi-national companies will start reducing product costs because of competition in the market. The industry will grow and keep on growing in the coming years.”
ASSOCHAM describes CCTV as ‘the most sought-after security system.’ The ease with which different monitoring systems can be connected with police stations and defence headquarters, whilst providing real-time streaming of CCTV, makes surveillance a prominent and feasible security solution.
Mairaj points out how icomply can help with problems in inter-connectivity. “In India, V-TAS Pro is unique because no other software can integrate different brands. It means that clients can use a number of different hardware manufacturers, along with incident reporting and back-office information management software, to create a cost-effective and functional control room.”
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