Indian Security Market Scenario And Challenges

Security Market in India is showing healthy growth over last few years with little

to no impact due to recession, in general security products namely CCTV and access control have the "Pull Effect" from the markets, consumers and business are look out of the security products.

Security market pie is getting larger and larger which has attracted even bigger companies like Godrej and Eureka Forbes.

The most of common product lines CCTV, Access Control, and Video Door Phones. Fire Security is considered as extended or secondary product lines due to inherent complexity and business volume.

CCTV solution is most sought after by business not for security purpose alone but also to improve the productivity of employees.

This will be 3 part article covering the Electronic Security Industry opportunities and challenges for the players in bottom level-mid level and top level of the pyramid.

Bottom of the Pyramid

Over crowded -- too many small companies ready to offer services not barring Electrical Contractors, Computer Technicians, Network Companies, etc, generally these companies buy the products at whole-sale prices from companies listed on SecurityIndia which also offers technical consultation and training to System Integrators.

The challenges are not limited to service providers, it is equally challenging for business /consumers to identify right partner to implement security solutions from this segment, as there are too many companies ready to offer services at very competitive prices.

The service providers in this segment most of them 1-5 person teams are increasingly focusing on CCTV Products catering mostly to business through know contacts.

The most common CCTV Products that sells in high volume includes Dome Cameras and 4 channel H.264 DVR CCTV package with 500GB Hard disk.

There is huge untapped micro/small business that has immediate need of CCTV security products which offers good opportunity for service providers in this segment. Since their overheads are less and they can offer competitive priced solutions.

In next part of the article will look in to the customer perspective and the expectations from security solutions......to be continued

by: Shivakumar G.S

POST COMMENT

Some important tips to market yourself Top Ten African Power Market - Outlook To 2020 Schroders Plc - Swot Analysis - Market Research Reports On Aarkstore Enterprise The Future Of The In-vitro Diagnostics Market To 2016 - Aarkstore Enterprise Bed And Breakfast Marketing - Friday The 13th The Future Of The Diabetes Care Devices Market To 2016 - Aarkstore Enterprise Bed And Breakfast Marketing - Thinking Outside The Bed! Marketing Srategies clearance What We Can Not Withstand Markets Rally Before Holiday Once Again Fast Profit Pages Review Scam Exposed Mobile Applications Market - Growing In Recession Swot Analysis Of The Military Simulation And Virtual Training Market Stem Cell Market Is Expected To Witness A Substantial Growth In The Upcoming Years