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The Global Security, Safety and Fire Protection market is in for exciting times, as end users continue to realize the impact of security and safety on their overall productivity and organisational bottom lines.
SECUTECH INDIA, a flagship event of ABEC-ITE and Messe Frankfurt, is one of the largest global marketing platforms for the Security and Safety industry. The show successfully steps into its 9th edition this year and is set to showcase a broad spectrum of security and safety products and services from components and software to total solutions.
SECUTECH INDIA has had a winning streak all through the past editions, offering thousands of influential trade visitors new and exciting security & safety solutions and today is acknowledged by industry players as one of the major security business platforms that bridges the gap between key original manufacturers and buyers.
The explosive growth of several key sectors in the Indian economy, including retailing, real estate, infrastructure, telecommunications, entertainment and financial services, has resulted in growing demand for the services of security agencies and for sophisticated gadgets and devices. Development of infrastructure and industries, residential complexes has also offered a sea of opportunities to the growing security industry. Government initiatives such as the development of 100 Smart Cities and ‘Make in India‘ campaign added to the overall growth of the industry.
Home security solutions which include video surveillance systems, alarm systems, access control systems and Integrated home networks play a vital role in the effective functionality of home security systems. Innovations in the home security system market such as decreased hardware prices, advances in wireless standards, and smartphone penetration too has fueled the growth of this market. The industry has been growing at a rapid pace, clocking a compound average growth rate (CAGR) of 25 per cent.