Booming real-estate mainly driving demand for Indian security equipment and services market

Netscribes latest market research report captures the current scenario of the Security Equipment and Services market in India.

Government demands, initiatives and regulations, coupled with the ongoing boom in real-estate sector, is mainly propelling the market in India. Additionally, rising security concerns is catalyzing the adoption of surveillance equipment and services in India. The market can be segregated in terms of surveillance and monitoring equipment, access control equipment, IT security and private security services. The market for private security services has grown the fastest among the segments, followed by surveillance and monitoring and electronic-access control equipment.

This report, Security Equipment and Services Market in India 2014, provides a qualitative analysis of market drivers, challenges, market entry strategy, vendor opportunity and adoption across key sectors in India.

Market overview

The overall market is catering to demand from key industry verticals such as healthcare, real estate and BFSI. All these industries are poised for a steady growth in the coming four-five years, as a result of which the demand curve for security equipment and services is expected to shape up positively for players operating in the market. So far, the market has not seen much of sales from the online space, thereby creating significant opportunity areas for players, especially when the state of internet connectivity and internet user base is improving exponentially on a daily basis.

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