India’s CCTV Market Projected to Reach ₹246 Billion by FY29
India’s CCTV market is expected to more than double from ₹102 billion in FY26 to ₹246 billion by FY29, according to the India Surveillance Market Overview 2026 report by ELCINA and Counterpoint Research.
Key Highlights
Market growth: The report projects a 34% compound annual growth rate (CAGR) for the CCTV market.
Growing demand: Railway, metro, highway and smart city projects are expected to support growth from FY27.
Security and compliance: The article highlights stronger requirements for camera security, firmware protection and supply-chain traceability.
Domestic technology: The report calls for deeper localisation, indigenous technology development and greater ownership of surveillance technology.
Wider security market: Access control is projected to grow from ₹98 billion to ₹134 billion, while intrusion detection is expected to rise from ₹16 billion to ₹21 billion over the forecast period.
Securus CCTV’s Perspective
Director at Securus CCTV Daksham Ratanchandani said,
The report highlights a significant transformation in India's surveillance industry, from import dependence towards a secure, compliant and Make in India' ecosystem. At Securus CCTV, this transition reinforces our commitment to building trusted surveillance technology in India, supported by our 45,000 sq. ft. manufacturing facility and DSIR-registered R&D centre in the Electronics Zone, Gandhinagar.
The report is equally valuable for policymakers, providing data and insights that can help shape policies around deeper localisation, indigenous technology development, cybersecurity and a stronger domestic component ecosystem.
For corporates and institutional buyers, it reinforces the need to look beyond price and consider SQC compliance, product security, supply-chain transparency and long-term technology capability when making procurement decisions.
India's opportunity is not merely to manufacture surveillance products, but to build the technology and intellectual capability that secures India.