Surveillance Market experiencing accelerated growth due to ongoing Digitization

Abhishek Kumar, Regional Director, South Asia, Oncam 

The nation’s businesses are the prime drivers of the economy, and their growth will give a fillip to the surveillance security market. The biggest demand is coming from small and medium enterprises as well as hospitality businesses.
 

Enterprises, both big and small, are beginning to realize the importance of surveillance systems, especially the ones that generate more value for the business. The surveillance market is, at present, experiencing accelerated growth because of the ongoing digitization, both for private businesses and public projects, as well as the replacement of legacy surveillance systems. As far as AI is concerned, considering the value that the technology adds to the surveillance industry, AI will not merely serve as a catalyst, but as a dominating force driving the market adoption,” predicts Abhishek Kumar, Regional Director, South Asia, Oncam. 
 

“India is now the fastest-growing large economy in the world. The nation’s businesses are the prime drivers of the economy, and their growth will give a fillip to the surveillance security market. The biggest demand is coming from small and medium enterprises as well as hospitality businesses. Moreover, Smart Cities in India will require the most advanced surveillance systems for end-to-end processes, from cleanliness management to round-the-clock traffic monitoring. Big enterprises are also focussing on business process enhancement and faultless surveillance through advanced monitoring systems,” highlights Abhishek Kumar.