Hikvision India Showcases Advanced AIoT Solutions at IFSEC India 2024, Highlighting AI-Driven Security Innovations

Hikvision India Unveils Advanced AIoT Solutions at IFSEC India 2024

Hikvision India, a leading player in the security technology sector, showcased its cutting-edge Artificial Intelligence of Things (AIoT) solutions and innovative security products at IFSEC India 2024, South Asia's largest security expo held at Bharat Mandapam in New Delhi 1

1

. The event, inaugurated by industry leaders and government dignitaries, served as a platform for Hikvision to demonstrate its commitment to advancing India's security landscape through AI-driven technologies.

Innovative Product Offerings

Ashish P. Dhakan, MD & CEO of Prama Hikvision India Private Limited, highlighted the company's focus on AIoT innovations, robotics, and machine vision solutions. Among the notable products introduced was the 'Millimeter Wave Full Body Scanner,' capable of detecting concealed objects within seconds 2

2

. This technology utilizes high-frequency electromagnetic waves to create and analyze images, identifying potential threats without physical contact.

Another significant offering was the Operation Room Management System (ORMS), tailored for the healthcare sector. Hikvision also presented a range of AI-powered cameras, including Smart Hybrid Light Cameras, Multi Lens Synergy Cameras, and Thermal and AcuSense Cameras, showcasing the company's diverse portfolio in video security and analytics.

AI and IoT Integration in Security Solutions

The exhibition emphasized the growing integration of AI and IoT in security systems. Hikvision's display included advanced solutions such as intelligent traffic management systems, video intercom solutions, and professional transmission systems. The company also introduced new products in the non-CCTV category, including X-Ray baggage scanners and access control systems, demonstrating the expanding scope of security technologies 2

2

.

Market Growth and Industry Trends

The event highlighted the rapid growth of India's security technology market. According to industry experts, the global security industry is valued at $120 billion, with an expected annual growth rate of 8% until 2030 3

3

. The CCTV surveillance sector in India alone is estimated at ₹9,000 crore, experiencing a significant 30% annual growth rate.

M. A. Johar, President of Strategic Business at CP Plus, noted the increasing global attention on Indian brands for surveillance solutions, aligning with Prime Minister Narendra Modi's vision of making India a product nation. The integration of AI technologies is revolutionizing the industry, enhancing camera functionality with real-time monitoring, proactive alerts, and data analytics capabilities.

'Make-in-India' Initiative and Future Prospects

Hikvision India emphasized its commitment to the 'Make-in-India' initiative, showcasing locally developed solutions alongside global technologies. This approach not only supports domestic manufacturing but also positions India as a key player in the global security technology market.

As the demand for advanced security solutions continues to grow across various sectors, including government, institutions, and private enterprises, the exhibition underscored the pivotal role of AI and IoT in shaping the future of India's digital security landscape. The event served as a testament to the rapid technological advancements and the increasing importance of intelligent, integrated security systems in addressing evolving security challenges.