Market Share of India Electronic Security Industry
With the declining product cost, there is a rise in the entry of the players offering the product observed. Additionally, the need for more differentiation in the product offerings made the vendors adopt competitive pricing strategies. Hence, due to the presence of many players, the market trend is toward fragmentation.
In April 2023, Infinova was the selected Surveillance System OEM, trusted by the teams in charge of the airports, to strengthen security measures and fight terrorism at more than 60 airports around India. Over 6,000+ Infinova video surveillance cameras have been installed throughout India's main airports, including high-speed PTZ domes, vandal-resistant minidomes, and day/night fixed cameras. Infinova is a well-known international manufacturer of dependable surveillance systems and security equipment.
In September 2022, The leading communications solutions provider in India, Bharti Airtel (Airtel), introduced Xsafe, an end-to-end home surveillance system that is simple to use and comes with a variety of Wi-Fi-based advanced cameras to ensure customers are connected to their homes even when they are away.
India Electronic Security Market Leaders
SIS Limited
Zicom Electronic Security Systems Ltd.
Honeywell International Inc.
Eurovigil Security Systems
Securitas, Inc.
*Disclaimer: Major Players sorted in no particular order
