IndiQuest releases updated version of the report 'Electronic Security Systems in India'

Company Press Release

May 2008

IndiQuest Research Services has released its report titled 'Electronic Security Systems in India' today. The report focuses on the Indian Electronic Security Market covering market share of products, market structure, distribution model, pricing, and user profile.

The demand for electronic security devices in India is on the rise. Firstly, economic reforms have transformed the country into the second fastest growing large economy and it is considered as one of the most exciting emerging markets in the world. Investments from venture capital funds and private equities have also seen a rise in the past two years and the electronic security system industry has also begun benefiting from the boom. The first PE investment was made in January 2008 and more interest is expected in the sector for some time to come.

The booming economy has raised the standard of living and the middle class has more disposable incomes in their hand. This coupled with the increasing occurrences of crime amongst India's urban populace has forced citizens to now consider installation of such equipments for household usages. This segment is expected to be a high growth segment.

The traditional consumer has been the government and with global terrorism the government is making continual and concerted efforts at curtailing terrorism. This has lead to the use of electronic security systems by the country's internal security agencies. The growth in the economy has also lead to an increase in infrastructure spending, thus, the industrial and commercial segments are also segments that are on the uptrend.

The report covers various opportunities available segment wise as well as product wise and also has profiles of companies in the market. To know more about the report, please contact indiquest.reports@indiquest.co.uk

About IndiQuest

IndiQuest Research offers a comprehensive range of customised business intelligence structured to meet the strategic requirements of the clients' businesses.

For further information, please write to press@indiquest.co.uk