India video analytics market is estimated to grow considerably at a CAGR of around 28.0% during the forecast period. Video analytics is expected to play a vital role in the near future to enhance security solutions, operations, and management in India. Security operations will become more pro-active and response will be more robust by incorporating the right video analytics features. The growing rate of crimes, increasing IT spending, remote monitoring, growth of public infrastructure, government initiatives and increasing security spending are boosting the market for video analytics in the Indian market. Video analytics is an essential part of the video surveillance system and works on IP Camera. Video analytics are offered as built-in applications on IP Cameras which will become a standard offering in the near future.

In India, high-definition network cameras are cheaper and more abundant in recent years. The public sector is adopting video analytics, especially urban security & traffic management and some sections of defense. Cloud-based solutions are also increasing due to which organizations are adopting video analytics across this region. With the emergence of network video and remote monitoring devices and the advent of advanced applications in security products, surveillance is also contributing to the growth of the market in this region. Growth of IP CCTV Security applications with embedded video analytics is getting more mobile based so that the user can have control over his/her security from anywhere. Wearable camera footage is also expected to play an important role in facial recognition and people tracking across this region. The technological barriers to real-time video streaming analysis are decreasing.

The companies which are contributing to the growth of the India video analytics market include Bosch Security Systems, Inc., Canon Inc., IBM Corp., Cisco Systems, Inc., and Hitachi Vantara LLC. The market players are considerably contributing to the market growth by the adoption of various strategies including new product launch, merger, and acquisition, collaborations with government, funding to the start-ups and technological advancements to stay competitive in the market. 

Research Methodology

The market study of the India video analytics market is incorporated by extensive primary and secondary research conducted by the research team. Secondary research has been conducted to refine the available data to breakdown the market in various segments, derive total market size, market forecast, and growth rate. Different approaches have been worked on to derive the market value and market growth rate. Our team collects facts and data related to the market from different geography to provide a better regional outlook. In the report, the country-level analysis is provided by analyzing various regional players, regional tax laws and policies, consumer behavior and macro-economic factors. Numbers extracted from Secondary research have been authenticated by conducting proper primary research. It includes tracking down key people from the industry and interviewing them to validate the data. This enables our analyst to derive the closest possible figures without any major deviations in the actual number. Our analysts try to contact as many executives, managers, key opinion leaders, and industry experts. Primary research brings authenticity to our reports.

Secondary Sources Include

• Financial reports of companies involved in the market.
• Whitepapers, research-papers, and news blogs.
• Company websites and their product catalog.

The report provides an in-depth analysis of market size, various services offered by the players, and market opportunity. The report will serve as a source for 360-degree analysis of the market delivering insights for making better business decisions.

Market Segmentation

1. India Video Analytics Market Research and Analysis by Deployment Type
2. India Video Analytics Market Research and Analysis by Application

The Report Covers

• Comprehensive research methodology of the India video analytics market.
• This report also includes a detailed and extensive market overview with key analyst insights.
• An exhaustive analysis of macro and micro factors influencing the market guided by key recommendations.
• Analysis of regional regulations and other government policies impacting the India video analytics market.
• Insights about market determinants which are stimulating the India video analytics market.
• Detailed and extensive market segments with regional distribution of forecasted revenues.
• Extensive profiles and recent developments of market players.