India’s security sector is rapidly changing due to technological advances and evolving threats. AI-powered solutions are revolutionizing security systems, and strategic partnerships are driving innovation in critical areas such as quantum technology and cybersecurity. With the growing demand for advanced security solutions, the domestic market is expanding and Indian companies are positioning themselves as global leaders with their technological expertise and manufacturing capabilities. Industry leaders gathered at IFSEC India 2024 to highlight the importance of innovation and collaboration in the security and fire protection industry.
With over 1.5 million security cameras installed across 15 cities and Delhi, and a target of 2.8 million CCTV cameras to be installed, the demand for integrated systems is surging. IFSEC India, with the support of associations, government officials and top players, is strengthening the industry’s efforts towards a secure and resilient future.
Organized by India’s Informa Markets, the 17th IFSEC India is currently being held from December 12 to 14 and is the premier event for the global security and fire protection industry. The event brought together over 300 leading security brands and showcased over 5,000 products and solutions. From cutting-edge CCTV and video surveillance systems to biometrics, RFID, integrated systems and perimeter security technologies, the expo showcased the latest innovations shaping the future of security. The Indian electronic security market is expected to grow from USD 2.56 billion in 2024 to USD 7.36 billion by 2029, at a strong CAGR of 23.57%, and IFSEC India is committed to It serves as an important platform for exploring industry advancements.
Prominent companies like CP Plus, Godrej, Hikvision, Prama, Seagate, Western Digital Realtime, TP Link, Adiance, Hi Focus, Trueview, eSSL, Viewvision, Voltaic Cables. Key partners such as Alba Urmet, Alagtec, Optex, Panasonic, Perto, Syrotech and Toshiba exhibited a comprehensive range of advanced products and solutions.
Shashank Sambyal, North & East Zonal Head, Godrej Enterprise, said, The global security industry is worth $120 billion and will grow at a CAGR of 8% annually until 2030. Demand is expected to grow exponentially in the coming years as security becomes a key focus for governments, institutions, and the private sector alike. Government regulations such as STQC strengthen industry standards and ensure secure data management. ”
MA Johar, President, Strategic Business, CP Plus said: “As part of our commitment to innovation, we have invested significantly in research and development and hired more than 250 experts to focus on new analytics and solutions. This is critical as both partners and consumers need to stay informed.
New trend. The CCTV surveillance sector in India is currently valued at around Rs 9,000 crore, with a significant annual growth rate of 30%. The potential for further expansion is immense and Indian brands are gaining global attention as the world increasingly looks to India for surveillance solutions. This is in line with Prime Minister Narendra Modi’s vision of making India a products-based nation, and we are proud to be a part of this transformation. The integration of AI technology is revolutionizing the industry. AI provides real-time monitoring, proactive alerting, and
Data analysis. At CP Plus, we are also seeing demand for cameras expand beyond traditional security applications. Security has become a part of everyday life at home, in businesses, and even in vehicles due to the widespread use of drive recorders. As the market continues to grow and technology advances, surveillance systems will become even more popular. ”
Bijoy Alaylo, Vice President, Consumer Networking, TP-LINK INDIA said: “TP-Link is showcasing more than 22 new products in surveillance, networking, and enterprise solutions, including industrial-grade solar panels, 4G cameras, PTZ and fisheye cameras, and enterprise-grade SIM-based routers. The global surveillance market is valued at around Rs 8,000 billion and is expected to grow over the next 10-15 years at a robust CAGR of 16%. We have nearly 50% market share and continue to expand rapidly. Despite challenges such as inventory management and AI integration, we are able to deliver high margins to our partners and ensure compliance with security standards. Although this is our first entry into the surveillance sector, we are steadily growing by more than 100% month over month with long-term stability in mind.”
Ashish P. Dhakan, MD & CEO, Prama Hikvision India Private Limited said, “IFSEC has been an important platform for Prama Hikvision since 2007, allowing us to showcase cutting-edge technologies that are in line with India’s ‘Make in India’ vision.” As part of this initiative, facial recognition systems (FRS) and automatic number plate recognition (ANPR). The total end-user market for the security industry is valued at around USD 12 billion, while the OEM segment is estimated at INR 10,000-15,000 billion. Prama Hikvision has contributed around INR 3,500-4,000 crore and the overall industry size is expected to reach INR 15,000-20,000 crore. AI is revolutionizing not only security but also industry automation, allowing cameras to detect product quality issues. We expect the growth rate of Indian manufacturers to be 40% in the coming years due to government policies. ”
Manish Rathi, Chief Executive Officer, TrueView India said: “The CCTV industry in India is experiencing impressive growth and is currently valued at around Rs 6-7 billion per annum and is expected to double in the next 2-3 years.Recent restrictions on Chinese brands AI for human detection, facial recognition and Wi-Fi enabled wireless systems has opened up a huge opportunity for Indian manufacturers to strengthen their market presence. Innovations such as led solutions are transforming the industry landscape. With cutting-edge products and state-of-the-art manufacturing facilities, Indian brands are poised to take the lead in meeting the growing security demands. .”
Prof. Amol Deshmukh, Government Police and Cyber Adviser, State of Maharashtra, and Hon. “Security technology has advanced rapidly over the past 10 years,” said the Ministry of Interior OSD. Citing his role as an advisor on Asia’s first multi-modal biometric identification system in the state of Maharashtra, he mentioned the transition to a system that leveraged 1.2 million CID database prints in 0.4 seconds. 1,20 in one day He shared how it led to 0 arrests. He highlighted India’s focus on technology in criminal law and homeland security, and IFSEC is committed to innovation and policy influence in building a secure future. It is an important platform for
SK Singh, DCP, Delhi Traffic Police Headquarters and Road Safety Department, said, “The main focus of security is moving from physical protection to the equally important area of digital security.Advanced technologies such as facial recognition and anomaly detection through AI New technology has transformed security systems, but it has also introduced challenges such as password compromise and vulnerability exploitation for 35% of critical assets. remains at risk from cyber threats, making it essential to integrate robust digital defenses alongside physical countermeasures. Innovations like the spider network developed by Indian scientists have made it essential to integrate robust digital defenses alongside physical countermeasures. , underscoring India’s ability to effectively address evolving security challenges.”
Ms Christina Scott, Deputy High Commissioner to the British High Commissioner to India, stressed the importance of continued cooperation between the UK and India in the security field, stating: “Delivering the world’s largest democratic process with minimal risk” India’s success highlights its strength.” Its security infrastructure. As the third largest exporter of security and defense technology, the UK continues to lead in innovation and research and development. Initiatives such as the Technology Security Initiative and strengthened bilateral strategic partnerships highlight our commitment to advancing cooperation in cutting-edge areas such as quantum, cybersecurity and emerging threats. With India’s unrivaled manufacturing capabilities and the UK’s technological expertise, there is enormous potential to jointly tackle global security challenges. The participation of prominent British companies in the UK Pavilion embodies this shared vision for a secure future. ”
Harvindra Singh, Chairman of the American Society for Industrial Security (ASIS) New Delhi Chapter, said: ASIS International remains committed to empowering security professionals and driving transformative growth in the industry through initiatives such as training, knowledge sharing, and networking. ”
Yogesh Mudras, Managing Director, Informa Markets, India, said, “IFSEC India 2024 is a testament to the dynamic evolution of the Indian security systems market, which is driven by rising public safety awareness and advanced cyber technology. Security needs are driving tremendous growth, with large cities continuing to lead the way in adopting advanced security measures, with tier 2 and 3 cities contributing significantly to this surge in demand. It is emerging as a city.
The integration of AIoT technology will revolutionize the industry, enabling cutting-edge security cameras and solutions to meet the diverse needs of urban and rural areas. As India moves forward
As it becomes a global economic powerhouse, the demand for advanced surveillance solutions is accelerating. India’s CCTV market valued at USD 3.98 billion in 2024 is set to witness impressive growth
CAGR is 20.6%, reaching USD 10.17 billion by 2029. IFSEC India serves as the ideal platform to showcase these advances, shaping the future of the security ecosystem and driving innovation across the sector. ”
IFSEC India 2024 was organized by Asian Professional Security Association (APSA), American Industrial Security Society (ASIS) Delhi, Ahmedabad and Mumbai chapters, Electronic Security Association of India (ESAI), Overseas Security Advisory Council (OSAC) International Security and Safety Management Institute of Technology (IISSM) Delhi and Chennai Branch;
Central Association for Private Security Industry (CAPSI), Global Association for Corporate Services (GACS), and Mitkat Advisory.
India’s security landscape is undergoing a remarkable transformation, with cities increasingly adopting advanced solutions such as video analytics, facial recognition, and integrated CCTV systems, driving the transition to smarter and safer urban environments. I am.
