India CCTV Market Overview
Market Size in 2024: USD 4.22 Billion
Market Forecast in 2033: USD 20.33 Billion
Market Growth Rate (2025-2033): 19.08%
According to the latest report by IMARC Group, the India CCTV market size reached USD 4.22 Billion in 2024. Looking forward, IMARC Group expects the market to reach USD 20.33 Billion by 2033, exhibiting a growth rate (CAGR) of 19.08% during 2025-2033.
India CCTV Industry Trends and Drivers:
India CCTV market is growing its roots now only but one of the most important reasons is the growing insecurity and safety suspicion among residential buildings, commercial buildings, and even public areas. Increasing crime rates and a growing need for urban areas to be monitored are highly fuelling the industry. And with the advent of smart city initiatives, implementation of such advanced security technologies will be a game-changer for the entire country in terms of massively adapting to intelligent security consolidation. Ensuring the public space in the developing and expanding cities creates ample scope for the growth of the CCTV market. Government mandates surveillance of public places such as streets, shopping centers, and airports, thus contributing to the increased requirement of CCTV solutions as they mold and define the industry trajectory.
Multitudes of technological advancements, particularly around an area of analytics based on artificial intelligence (AI), further contribute to growth in the CCTV markets in India. The integration of AI improves the efficiency and intelligence of surveillance systems. These systems use AI to provide face recognition, behavioral anomaly detection, and real-time alerts to authorities to secure measures. The going trend to digital systems from analog is further accelerating the transition to new surveillance systems made possible by cheapening costs of internet protocol (IP) cameras. More advanced security features requested by businesses and homes are also changing towards IP solutions as provides better image quality and features of remote monitoring.
Increased demands from different end-user vertical markets have also contributed to the expansion of the CCTV market. In the commercial sector, an increased number of businesses are adopting these cameras to protect assets, monitor employees, and comply with safety regulations. Awareness regarding home security drives people in urban areas to buy CCTV systems for safety. Moreover, the government is focusing on public safety in urban areas, fueling public spaces, transportation hubs, and other government buildings to drive demand for surveillance solutions. The changing market environment is expected to see further growth in demand for high-definition cameras, cloud storage, and integrated security systems, which will shape the next phase of the CCTV industry.
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India CCTV Industry Segmentation:
The report has segmented the market into the following categories:
Type Insights:
- Analog Cameras
- IP Cameras (excluding PTZ)
- PTZ Cameras
End User Vertical Insights:
- Government
- Industrial
- BFSI
- Transportation Vertical
- Others
Regional Insights:
- North India
- South India
- East India
- West India
Competitive Landscape:
The competitive landscape of the industry has also been examined along with the profiles of the key players.
India CCTV Market News:
- In November 2024, Avathon, a leader in AI for industrial operations, partnered with CP PLUS, a top CCTV manufacturer, to integrate advanced computer vision technology into surveillance cameras across India. This collaboration empowers SMBs with AI-driven security, enabling real-time anomaly detection and intelligent monitoring. The partnership aims to enhance workplace safety and drive innovation in AI-powered surveillance solutions.
- In August 2024, Bosch Building Technologies launched its India assembly line for FLEXIDOME IP Starlight 5000i cameras, reinforcing its commitment to localization. Equipped with AIoT capabilities, cybersecurity features, and advanced analytics, these cameras enhance security solutions for India’s growing smart city and infrastructure sectors. This move aligns with Bosch’s “Make in India” strategy, driving innovation and strengthening its market presence in intelligent video surveillance.
Key highlights of the Report:
- Market Performance (2019-2024)
- Market Outlook (2025-2033)
- COVID-19 Impact on the Market
- Porter’s Five Forces Analysis
- Strategic Recommendations
- Historical, Current and Future Market Trends
- Market Drivers and Success Factors
- SWOT Analysis
- Structure of the Market
- Value Chain Analysis
- Comprehensive Mapping of the Competitive Landscape
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IMARC Group is a global management consulting firm that helps the world’s most ambitious changemakers to create a lasting impact. The company provide a comprehensive suite of market entry and expansion services. IMARC offerings include thorough market assessment, feasibility studies, company incorporation assistance, factory setup support, regulatory approvals and licensing navigation, branding, marketing and sales strategies, competitive landscape and benchmarking analyses, pricing and cost research, and procurement research.
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