The Indian security sector is rapidly transforming, driven by technological advancements and evolving threats. AI-powered solutions are revolutionizing security systems, while strategic partnerships are fostering innovation in critical areas like quantum technology and cybersecurity. With growing demand for advanced security solutions, the domestic market is expanding, positioning Indian companies as global leaders through their technological expertise and manufacturing prowess. Industry leaders gathered at IFSEC India 2024 to highlight the significance for innovation and collaboration in the security and fire safety industry.
With over 1.5 million security cameras across 15 cities and Delhi on track to install the targeted 2.8 lakh CCTV cameras, the demand for integrated systems is surging. Supported by associations, government stakeholders, and top players, IFSEC India reinforces the industry’s commitment to a secure and resilient future.
The 17th edition of IFSEC India organized by Informa Markets in India is currently underway from 12th – 14th Dec, is a premier event for the global security and fire safety industries. The event brought together over 300 leading security brands, featuring more than 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 latest innovations shaping the future of security. With the Indian electronic security market expected to grow from USD 2.56 billion in 2024 to USD 7.36 billion by 2029, at a strong CAGR of 23.57%, IFSEC India serves as a key platform for exploring groundbreaking solutions and industry advancements.
Prominent companies such as CP Plus, Godrej, Hikvision, Prama, Seagate, Western Digital Realtime, TP Link, Adiance, , Hi Focus, , Trueview, eSSL, , Viewvision, Voltaic Cables and; and other key partners such as Alba Urmet, Alagtec, Optex, Panasonic, Perto, Syrotech, Toshiba and many more, showcased a comprehensive array of advanced products and solutions.
Mr. Shashank Sambyal, Zonal Head, North & East, Godrej Enterprise, said, “At IFSEC India, Godrej Enterprise is showcasing a range of security solutions, including CCTV cameras, entrance control systems, BDS products, and new electro fencing technology. The global security industry is valued at $120 billion, growing at 8% CAGR annually until 2030. As security becomes an essential focus for governments, institutions, and private sectors alike, the demand is set to increase exponentially in the coming years. Government regulations, like STQC, are strengthening industry standards, ensuring secure data management.”
Mr. M. A. Johar, President, Strategic Business, CP Plus, said “As part of our commitment to innovation, we’ve invested heavily in R&D, employing over 250 experts to focus on new analytics and solutions. This is crucial, as the market is evolving rapidly, and both partners and consumers need to stay updated on
emerging trends. The CCTV surveillance sector in India is currently valued at approximately ₹9,000 crore, with a significant 30% annual growth rate. The potential for further expansion is immense, and Indian brands are gaining global attention as the world increasingly looks towards India for surveillance solutions. This aligns with Prime Minister Narendra Modi’s vision of making India a product nation, and we are proud to be part of this transformation. The integration of AI technologies is revolutionizing the industry. AI enhances the functionality of cameras by offering real-time monitoring, proactive alerts, and
data analytics. At CP Plus, we are also witnessing how the demand for cameras has expanded beyond traditional security applications. Whether it’s in homes, businesses, or even vehicles with the growing popularity of dash cams, security has become a pervasive part of daily life. The market continues to grow, and the evolving technology landscape will only drive more widespread adoption of surveillance systems.”
Mr. Bijoy Alaylo, Vice President, Consumer Networking, TP-LINK INDIA, said “At TP-Link, we are showcasing over 22 new products in surveillance, networking, and enterprise solutions. This includes industrial-grade solar panels, 4G cameras, PTZ and fisheye cameras, and enterprise-grade SIM-based routers. The global surveillance market is valued at around ₹8,000 crores, with a robust CAGR of 16%, projected to grow for the next 10-15 years. TP-Link is currently capturing nearly 50% of the market share in India and continues to expand rapidly. While challenges like stock management and AI integration exist, we are committed to providing partners with strong margins and ensuring compliance with security standards. Despite being new to the surveillance sector, we are growing steadily at over 100% month-on-month, with long-term stability in mind.”
Mr. Ashish P. Dhakan is the MD & CEO, Prama Hikvision India Private Limited, said “IFSEC has been a key platform for Prama Hikvision since 2007, allowing us to showcase cutting-edge technologies aligned with India’s ‘Make in India’ vision. As part of this initiative, we’ve introduced innovations like facial recognition systems (FRS) and Automatic Number Plate Recognition (ANPR). The security industry’s total end-user market is valued at around 12 billion USD, with the OEM sector estimated at 10,000-15,000 crores INR. Prama Hikvision contributes approximately 3,500-4,000 crores INR, with the overall industry size expected to reach 15,000-20,000 crores. AI is revolutionizing not just security, but also industry automation, enabling cameras to detect product quality issues. With the government’s policies, we foresee a 40% growth rate for Indian manufacturers in the coming years.”
Mr. Manish Rathi, Chief Executive Officer, TrueView India, said “The CCTV industry in India is witnessing remarkable growth, currently valued at approximately ₹6,000–7,000 crore annually, with projections to double within the next 2–3 years. The recent restrictions on Chinese brands have opened up significant opportunities for Indian manufacturers to strengthen their presence in the market. Innovations such as AI-driven solutions for human detection, face recognition, and Wi-Fi enabled, wire-free systems are transforming the industry landscape. With cutting-edge offerings and state-of-the-art manufacturing facilities, Indian brands are poised to lead the way in addressing growing security demands.”
Prof. Amol Deshmukh, Police and Cyber Advisor, Govt. of Maharashtra, and Hon. OSD, Ministry of Home Affairs, said “There have been rapid advancements in security technology over the past decade. He noted the shift from manual analysis to AI-powered systems capable of identifying vehicle types, license plates, and even occupants. Citing his advisory role in Asia’s first multimodal biometric system in Maharashtra, he shared how it processed 12 lakh CID database prints in 0.4 seconds, leading to 1,200 arrests in a single day. Emphasizing India’s focus on technology in criminal laws and homeland security, he called IFSEC a key platform for innovation and policy influence in building a secure future.”
Mr. S. K. Singh, DCP, Delhi Traffic Police, HQ & Road Safety, emphasized “The shift in security from a primary focus on physical protection to the equally critical realm of digital security. Advanced technologies like AI-driven facial recognition and anomaly detection have transformed security systems but also introduced challenges such as password breaches and vulnerability exploitation. With 35% of critical assets still at risk of cyber threats, integrating robust digital defences alongside physical measures has become imperative. Innovations like spider networks, developed by Indian scientists, underscore the nation’s ability to tackle these evolving security challenges effectively.”
Highlighting the significance of the ongoing collaboration between the UK and India in the security sector, Ms. Christina Scott, Deputy High Commissioner, UK High Commission in India, said “India’s success in executing the world’s largest democratic process with minimal risks highlights the strength of its security infrastructure. The UK, as the third-largest exporter of security and defense technologies, continues to lead in innovation and R&D. Initiatives like the Technology Security Initiative and strengthened bilateral strategic partnerships underscore our commitment to advancing collaboration in cutting-edge areas such as quantum, cybersecurity, and emerging threats. With India’s unmatched manufacturing capabilities and the UK’s technological expertise, the potential for joint efforts to address global security challenges is immense. The participation of prominent British companies at the UK Pavilion exemplifies this shared vision for a secure future.”
Mr. Harvindra Singh, Chair, American Society for Industrial Security (ASIS) New Delhi Chapter, said, “The rapidly evolving risk landscape, driven by technological advancements and interconnected systems, demands innovation and collaboration to ensure safety and security. ASIS International remains committed to empowering security professionals through initiatives like training, knowledge-sharing, and networking, fostering transformative growth in the industry.”
Mr. Yogesh Mudras, Managing Director, Informa Markets in India, said, “IFSEC India 2024 stands as a testament to the dynamic evolution of the Indian security systems market, which is witnessing extraordinary growth driven by rising public safety awareness and advanced cybersecurity needs. While metro cities continue to lead in adopting sophisticated security measures, tier-II and tier-III cities are emerging as significant contributors to this demand surge.
The integration of AIoT technologies is revolutionizing the industry, enabling cutting-edge security cameras and solutions to cater to diverse needs across urban and rural areas. As India strides towards
becoming a global economic powerhouse, the demand for advanced surveillance solutions is accelerating. Valued at USD 3.98 billion in 2024, the Indian CCTV market is set to grow at an impressive
CAGR of 20.6%, reaching USD 10.17 billion by 2029. IFSEC India serves as the ideal platform to showcase these advancements, shaping the future of the security ecosystem and driving innovation across the sector.”
IFSEC India 2024 has received strong support from prominent associations, including Asian Professional Security Association (APSA), American Society for Industrial Security (ASIS) Delhi, Ahmedabad, and Mumbai Chapters, Electronic Security Association of India (ESAI), Overseas Security Advisory Council (OSAC) Delhi and Chennai Chapters, International Institute of Security and Safety Management (IISSM),
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 shift toward smarter and safer urban environments.
