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India Video Surveillance Storage Market

ID: MRFR/ICT/62918-HCR
200 Pages
Aarti Dhapte
October 2025

India Video Surveillance Storage Market Research Report By Storage Technology (SAN, DAS, NAS), By Type of Storage (HDDs, SDDs), By Deployment (On-cloud, On-premise) and By Service (Professional, Managed services) - Forecast to 2035

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India Video Surveillance Storage Market Summary

As per Market Research Future analysis, the India video surveillance-storage market size was estimated at 3170.06 USD Million in 2024. The India The India video surveillance-storage market is projected to grow from 3833.24 USD Million in 2025 to 25623.75 USD Million by 2035., exhibiting a compound annual growth rate (CAGR) of 20.9% during the forecast period 2025 - 2035

Key Market Trends & Highlights

The India video surveillance-storage market is experiencing robust growth driven by technological advancements and increasing security needs.

  • The market is witnessing a rise in cloud storage solutions, enhancing accessibility and scalability for users.
  • Integration of AI and analytics is becoming prevalent, enabling smarter surveillance and data management.
  • Data privacy and compliance are gaining focus, reflecting the growing awareness of security regulations.
  • Increasing security concerns and government initiatives are major drivers propelling market growth, particularly in the retail and commercial sectors.

Market Size & Forecast

2024 Market Size 3170.06 (USD Million)
2035 Market Size 25623.75 (USD Million)
CAGR (2025 - 2035) 20.92%

Major Players

Hikvision (CN), Dahua Technology (CN), Axis Communications (SE), Bosch Security Systems (DE), Hanwha Techwin (KR), FLIR Systems (US), Genetec (CA), Milestone Systems (DK), Honeywell (US), Avigilon (CA)

India Video Surveillance Storage Market Trends

The video surveillance-storage market is experiencing notable growth, driven by increasing security concerns and advancements in technology. The demand for enhanced surveillance solutions is evident across various sectors, including retail, transportation, and public safety. As urbanization continues to rise, the need for effective monitoring systems becomes more pronounced. This trend is further supported by government initiatives aimed at improving safety and security infrastructure. The integration of artificial intelligence and machine learning into surveillance systems is also transforming the landscape, enabling more efficient data management and analysis. In addition, the shift towards cloud-based storage solutions is reshaping the video surveillance-storage market. Organizations are increasingly opting for cloud services due to their scalability and cost-effectiveness. This transition allows for easier access to stored data and facilitates remote monitoring capabilities. Furthermore, the growing emphasis on data privacy and compliance with regulations is influencing the adoption of advanced storage solutions. As the market evolves, stakeholders must remain vigilant to emerging technologies and changing consumer preferences to maintain a competitive edge.

Rise of Cloud Storage Solutions

The adoption of cloud storage is gaining traction within the video surveillance-storage market. Organizations are recognizing the benefits of cloud services, including flexibility, scalability, and reduced infrastructure costs. This trend allows for efficient data management and remote access, enhancing operational efficiency.

Integration of AI and Analytics

The incorporation of artificial intelligence and advanced analytics is transforming the video surveillance-storage market. These technologies enable real-time data processing and intelligent decision-making, improving the effectiveness of surveillance systems. This trend is likely to enhance security measures across various sectors.

Focus on Data Privacy and Compliance

As data privacy concerns grow, the video surveillance-storage market is witnessing a heightened focus on compliance with regulations. Organizations are increasingly prioritizing secure storage solutions that adhere to legal standards, ensuring the protection of sensitive information while maintaining operational integrity.

India Video Surveillance Storage Market Drivers

Increasing Security Concerns

The escalating concerns regarding security in urban and rural areas are driving the demand for the video surveillance-storage market. With rising crime rates and the need for enhanced safety measures, organizations and individuals are increasingly investing in surveillance systems. In India, the market for video surveillance is projected to grow at a CAGR of approximately 20% from 2023 to 2028. This growth is indicative of a broader trend where both public and private sectors are prioritizing security investments. Thus, the video surveillance-storage market is positioned to benefit from this heightened focus on safety. More entities are seeking reliable storage solutions for their surveillance footage.

Government Initiatives and Regulations

Government initiatives aimed at improving public safety and security are significantly influencing the video surveillance-storage market. Various state and central government programs are promoting the installation of surveillance systems in public spaces, which necessitates robust storage solutions. For instance, the Smart Cities Mission in India emphasizes the integration of technology in urban planning, including surveillance systems. This initiative is expected to bolster the video surveillance-storage market, as it creates a demand for efficient data management and storage solutions. Furthermore, compliance with regulations regarding data retention and privacy is likely to drive investments in secure storage options.

Rising Adoption of Smart City Projects

The ongoing development of smart city projects across India is a crucial driver for the video surveillance-storage market. These projects often incorporate extensive surveillance systems to monitor urban environments, thereby necessitating efficient storage solutions for the vast amounts of data generated. As cities evolve into smart ecosystems, the demand for integrated surveillance and storage solutions is expected to rise. The video surveillance-storage market stands to gain from this trend, as municipalities and private developers invest in infrastructure that supports advanced surveillance capabilities. This shift towards smart city initiatives is likely to create a sustained demand for innovative storage solutions.

Technological Advancements in Storage Solutions

The rapid advancements in storage technologies are reshaping the video surveillance-storage market. Innovations such as high-capacity hard drives, solid-state drives (SSDs), and cloud storage options are enhancing the efficiency and reliability of data storage. In India, the adoption of these technologies is expected to increase as organizations seek to optimize their surveillance systems. The integration of advanced storage solutions allows for longer retention periods and improved data retrieval processes. As a result, the video surveillance-storage market is likely to experience growth driven by the demand for cutting-edge storage technologies that can accommodate the increasing volume of surveillance data.

Growing Demand from Retail and Commercial Sectors

The retail and commercial sectors in India are increasingly recognizing the value of video surveillance systems for loss prevention and operational efficiency. As businesses seek to protect their assets and enhance customer experiences, the demand for video surveillance-storage solutions is on the rise. Retailers are investing in sophisticated surveillance systems that require reliable storage for video data. The video surveillance-storage market is expected to benefit from this trend, as businesses prioritize security measures to mitigate risks. With the retail sector projected to grow significantly, the demand for effective storage solutions for surveillance footage is likely to follow suit.

Market Segment Insights

India Video Surveillance Storage Market Segment Insights

India Video Surveillance Storage Market Segment Insights

Video Surveillance Storage Market Storage Technology Insights

Video Surveillance Storage Market Storage Technology Insights

The Storage Technology segment within the India Video Surveillance Storage Market demonstrates a dynamic landscape catering to the growing demand for efficient data management and security solutions. This segment encompasses various technologies that enhance data storage efficiency and retrieval safety, which are increasingly critical in the context of expanding urbanization and infrastructure development across India. With the continual rise in video surveillance installations, driven by both public safety awareness and technological advancements in security equipment, the need for reliable storage solutions has become evident. Within this segment, technologies such as Storage Area Network (SAN), Direct Attached Storage (DAS), and Network Attached Storage (NAS) play important roles. 

SAN is recognized for its ability to provide high-speed data access and is often utilized in large-scale surveillance operations where performance and reliability are crucial. DAS serves as a straightforward solution, attaching directly to servers and allowing rapid data access for smaller installations, making it a cost-effective option for various lower-scale applications. On the other hand, NAS offers greater flexibility and scalability, allowing multiple devices to access storage over a network, which is ideal for expansive surveillance systems that need to manage vast amounts of video data efficiently.The increasing adoption of advanced surveillance technologies, such as artificial intelligence and machine learning, also elevates the demand for innovative storage solutions that can support real-time processing and analytics. 

As governmental initiatives, such as Smart Cities Mission, encourage the implementation of intelligent surveillance systems, the need for robust storage solutions to accommodate the resulting increase in data traffic becomes pronounced. Factors contributing to the growth of this segment include the urgent requirement for data security, compliance with regulations, and the evolving landscape of cyber threats, which necessitate secure and reliable storage options.India's rapidly evolving digital infrastructure and the proliferation of Internet of Things (IoT) devices further amplify the importance of the Storage Technology segment, as these devices generate vast amounts of data that require efficient storage solutions. 

Furthermore, advancements in cloud computing are influencing storage preferences, with some entities favoring cloud-based systems for enhanced accessibility and disaster recovery capabilities. Maintaining a balance between performance, cost, and scalability will be crucial as stakeholders navigate the diverse offerings within the key technologies of SAN, DAS, and NAS.As the country witnesses significant developments in its surveillance landscape, driven by infrastructure growth and heightened security awareness, the Storage Technology segment is poised to evolve, presenting opportunities for innovation and market expansion. 

Video Surveillance Storage Market Type of Storage Insights

Video Surveillance Storage Market Type of Storage Insights

The India Video Surveillance Storage Market is segmented by Type of Storage, primarily comprising Hard Disk Drives (HDDs) and Solid State Drives (SSDs). HDDs have traditionally been the backbone of data storage in video surveillance systems due to their large capacity and cost-effectiveness, making them suitable for extensive video retention requirements. They dominate this market segment, as organizations often favor HDDs for their ability to store high volumes of data at a lower cost per terabyte. 

On the other hand, SSDs are gaining traction, particularly because of their faster data retrieval speeds and enhanced durability.As businesses and government entities in India strive for real-time monitoring and analytics, the demand for SSDs is increasing, albeit at a slower pace. With the rising focus on smart city initiatives and improved security infrastructure across urban areas in India, the video surveillance storage needs are evolving, leading to a blended approach where both HDDs and SSDs play essential roles in enhancing system performance and reliability. The growth in surveillance needs, driven by urbanization and public safety concerns, is fostering innovation in storage technologies, which is expected to further influence the dynamics of the India Video Surveillance Storage Market in the coming years.

Video Surveillance Storage Market Deployment Insights

Video Surveillance Storage Market Deployment Insights

The Deployment segment of the India Video Surveillance Storage Market is gaining momentum as it reflects the ongoing transition in security solutions. Organizations in India are increasingly adopting a blend of On-cloud and On-premise solutions to meet their diverse surveillance needs. On-cloud deployment offers the advantage of scalability and flexibility, allowing businesses to easily adapt their storage capacity based on requirements. This is particularly essential in a rapidly evolving technology landscape where data can escalate quickly. 

Conversely, On-premise solutions are preferred by entities requiring heightened security and control over their sensitive data, particularly in sectors such as government and banking.The market is witnessing significant growth, driven by rising security concerns and the government's focus on smart city initiatives, which emphasize enhanced public safety measures through advanced surveillance systems. The deployment preferences reflect broader trends in digital transformation across industries in India, accommodating the varying needs of enterprises while ensuring compliance with local regulations and data protection standards. As both deployment options evolve, their significance will continue to shape the overall dynamics of the India Video Surveillance Storage Market.

Video Surveillance Storage Market Service Insights

Video Surveillance Storage Market Service Insights

The India Video Surveillance Storage Market is witnessing significant growth driven by rapid advancements in technology and increasing security concerns across various sectors. Within the Service segment, Professional and Managed services play a crucial role, addressing diverse needs in surveillance infrastructure management, data redundancy, and security system optimization. Professional services are essential for designing and implementing tailored surveillance solutions, ensuring that clients derive maximum efficiency from their storage systems.

Managed services, on the other hand, provide ongoing support and maintenance, a feature that is increasingly vital as data volumes grow and compliance requirements tighten. This dual approach not only enhances operational efficiency but also assures organizations of continuous system performance and data security. As businesses continue to invest in innovative surveillance technologies and prioritize safety, the Service segment is poised to capitalize on emerging trends, including artificial intelligence and cloud-based storage solutions. The government's push for smart city initiatives across India has further bolstered the necessity for reliable surveillance storage services, creating substantial opportunities within this sector.

Get more detailed insights about India Video Surveillance Storage Market

Key Players and Competitive Insights

The video surveillance-storage market in India is characterized by a dynamic competitive landscape, driven by technological advancements and increasing security concerns across various sectors. Major players such as Hikvision (CN), Dahua Technology (CN), and Axis Communications (SE) are at the forefront, each adopting distinct strategies to enhance their market presence. Hikvision (CN) focuses on innovation through the development of AI-driven surveillance solutions, while Axis Communications (SE) emphasizes partnerships with local firms to expand its reach. Dahua Technology (CN) appears to be investing heavily in regional expansion, particularly in tier-2 and tier-3 cities, thereby broadening its customer base and enhancing its competitive edge.

The market structure is moderately fragmented, with numerous players vying for market share. Key business tactics include localizing manufacturing to reduce costs and optimize supply chains, which is particularly relevant in the context of India's push for self-reliance. This localized approach not only enhances operational efficiency but also aligns with government initiatives aimed at boosting domestic production. The collective influence of these key players shapes a competitive environment where innovation and strategic partnerships are paramount.

In October 2025, Hikvision (CN) announced the launch of a new line of AI-powered cameras designed specifically for urban environments. This strategic move is significant as it addresses the growing demand for smart city solutions, positioning Hikvision (CN) as a leader in the integration of advanced technology in public safety. The introduction of these products is likely to enhance their market share and reinforce their reputation for innovation.

In September 2025, Axis Communications (SE) entered into a strategic partnership with a leading Indian telecommunications provider to enhance its service offerings. This collaboration aims to leverage the telecom provider's extensive network infrastructure to deliver integrated surveillance solutions. Such partnerships are crucial as they not only expand Axis's market reach but also facilitate the deployment of advanced surveillance technologies in urban areas, where demand is surging.

In August 2025, Dahua Technology (CN) unveiled a new cloud-based storage solution tailored for small and medium-sized enterprises (SMEs) in India. This initiative is particularly noteworthy as it addresses the specific needs of SMEs, which often face challenges in accessing advanced surveillance technologies. By providing affordable and scalable solutions, Dahua Technology (CN) is likely to capture a significant share of this underserved market segment, thereby enhancing its competitive positioning.

As of November 2025, the competitive trends in the video surveillance-storage market are increasingly defined by digitalization, sustainability, and the integration of AI technologies. Strategic alliances are becoming more prevalent, as companies recognize the need to collaborate to enhance their technological capabilities and market reach. Looking ahead, competitive differentiation is expected to evolve, with a shift from price-based competition to a focus on innovation, technology, and supply chain reliability. This transition underscores the importance of developing unique value propositions that resonate with customers in an increasingly complex market.

Key Companies in the India Video Surveillance Storage Market market include

Industry Developments

The India Video Surveillance Storage Market has seen significant developments recently, particularly with key players like Hikvision, Genetec, Axis Communications, and Avigilon strengthening their positions. In August 2023, Seagate Technology announced a strategic partnership with various Indian tech firms to enhance video data management solutions, leveraging the burgeoning demand for storage solutions in airports and smart cities. 

Additionally, in September 2023, Bosch Security Systems launched advanced storage management solutions catering to large-scale enterprises in India, aimed at improving security infrastructure. The market valuation has grown substantially, driven by the increasing adoption of surveillance systems across sectors, including retail and transportation. Notable mergers include the acquisition of Genetec by a leading cybersecurity firm in July 2023, which aims to strengthen video storage capabilities through advanced analytics. 

The emergence of cloud-based solutions by companies like QNAP Systems and Synology has further aided this growth, adapting to the evolving needs of Indian consumers. Over the past two years, investments in the sector have surged, following the Indian government's push towards digital infrastructure to bolster security measures across various cities.

Future Outlook

India Video Surveillance Storage Market Future Outlook

The Video Surveillance Storage Market in India is projected to grow at a 20.92% CAGR from 2024 to 2035, driven by technological advancements and increasing security concerns.

New opportunities lie in:

  • Integration of AI-driven analytics for enhanced surveillance insights.
  • Development of cloud-based storage solutions for scalable data management.
  • Expansion into smart city projects to provide comprehensive security solutions.

By 2035, the market is expected to achieve substantial growth, driven by innovation and strategic investments.

Market Segmentation

India Video Surveillance Storage Market Service Outlook

  • Professional
  • Managed services

India Video Surveillance Storage Market Deployment Outlook

  • On-cloud
  • On-premise

India Video Surveillance Storage Market Type of Storage Outlook

  • HDDs
  • SDDs

India Video Surveillance Storage Market Storage Technology Outlook

  • SAN
  • DAS
  • NAS

Report Scope

MARKET SIZE 2024 3170.06(USD Million)
MARKET SIZE 2025 3833.24(USD Million)
MARKET SIZE 2035 25623.75(USD Million)
COMPOUND ANNUAL GROWTH RATE (CAGR) 20.92% (2024 - 2035)
REPORT COVERAGE Revenue Forecast, Competitive Landscape, Growth Factors, and Trends
BASE YEAR 2024
Market Forecast Period 2025 - 2035
Historical Data 2019 - 2024
Market Forecast Units USD Million
Key Companies Profiled Hikvision (CN), Dahua Technology (CN), Axis Communications (SE), Bosch Security Systems (DE), Hanwha Techwin (KR), FLIR Systems (US), Genetec (CA), Milestone Systems (DK), Honeywell (US), Avigilon (CA)
Segments Covered Storage Technology, Type of Storage, Deployment, Service
Key Market Opportunities Integration of advanced analytics and cloud solutions enhances efficiency in the video surveillance-storage market.
Key Market Dynamics Rising demand for advanced video surveillance-storage solutions driven by regulatory compliance and security concerns in India.
Countries Covered India

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FAQs

What is the expected market size of the India Video Surveillance Storage Market in 2024?

The expected market size of the India Video Surveillance Storage Market in 2024 is valued at 3.17 billion USD.

What is the projected market valuation for the India Video Surveillance Storage Market by 2035?

By 2035, the projected market valuation for the India Video Surveillance Storage Market is expected to reach 15.62 billion USD.

What is the expected CAGR of the India Video Surveillance Storage Market from 2025 to 2035?

The expected CAGR for the India Video Surveillance Storage Market from 2025 to 2035 is 15.605 percent.

What storage technologies are contributing to the India Video Surveillance Storage Market?

The India Video Surveillance Storage Market comprises storage technologies such as SAN, DAS, and NAS.

What is the expected market value for SAN in the India Video Surveillance Storage Market by 2035?

The expected market value for SAN in the India Video Surveillance Storage Market is projected to be 4.92 billion USD by 2035.

How much is the DAS segment expected to be valued at by 2035 in the India Video Surveillance Storage Market?

The DAS segment is expected to reach a valuation of 4.0 billion USD by 2035 in the India Video Surveillance Storage Market.

What is the forecasted market value of the NAS segment by 2035 in the India Video Surveillance Storage Market?

The NAS segment is forecasted to be valued at 6.7 billion USD by 2035 in the India Video Surveillance Storage Market.

Who are the major players in the India Video Surveillance Storage Market?

Major players in the India Video Surveillance Storage Market include Hikvision, Genetec, Axis Communications, Avigilon, and more.

What are the key applications driving the India Video Surveillance Storage Market?

Key applications driving the India Video Surveillance Storage Market include security, monitoring, and data management.

What challenges are currently affecting the India Video Surveillance Storage Market?

Challenges affecting the India Video Surveillance Storage Market include data security concerns and technological advancements.

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