The video surveillance market of India is expected to see growth from now to 2024, driven largely by security concerns, declining prices and government initiatives to develop smart cities. That was according to a recent market research report, “India Video Surveillance Market (2018-2024),” by 6WResearch, which forec
The video surveillance market of India is expected to see growth from now to 2024, driven largely by security concerns, declining prices and government initiatives to develop smart cities.
That was according to a recent market research report, “India Video Surveillance Market (2018-2024),” by 6WResearch, which forecasts that India's video surveillance market revenues will grow at a compound annual growth rate of 16.4 percent during the forecast period
The report pointed out that demand for video surveillance has been growing in India over recent years, and this has been due to security concerns amid occurrences of theft, domestic crime and terrorist threats.
This growth, meanwhile, will be aided by incre...