If we consider the market overview of Indian electronic security systems, one can observe that it is now a norm rather than an exception. Like most other industries, the new-age security market has evolved from analog to digital systems. A typical electronic security product portfolio includes systems across intrusion and detection, access controls, surveillance, safety, etc. Sources indicate that in the last five years, the Indian electronic security equipment market industry witnessed a strong growth of over 25% and is expected to grow at 18% in forthcoming years. These will double its size from 8,000 Crore in 2016 to 8,000 Crore in 2020.
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