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Thursday 15 February, 2007

BSIA launches extensive research into Indian security market

The British Security Industry Association (BSIA) has launched an extensive research project into the Indian security market. The results of this study will inform the Association and its members of the trends within the market, informing decisions about future trade links with the country.

BSIA Export Services Manager, Chris Pinder, comments: “India's security market has been estimated to be worth more than $500million, offering a wealth of opportunity for BSIA members.  The results of this research project, which is thought to be the largest ever of its kind into the Indian security market, will provide up-to-the-minute information for members required to either enter or further their position within this market.”

The research programme will be undertaken by IQ Research, an independent research consultancy with experience of the Indian market.

Julian Green, Founder and Managing Director of IQ Research, explains: “The Indian security market is one of the fastest growing, emerging markets in the world. Despite this, there is very little known about the true extent of its growth and the opportunities that the market offers.  A comprehensive research programme involving desk research and over a hundred interviews will give a valuable insight into the market."

The research will target specifiers, distributors, value added resellers, systems integrators, insurers, government, industry observers and end user organisations.

 CMP Information will be using the results of the research to ensure its new event, IFSEC India, accurately reflects the Indian security market when it takes place later this year.

James Blue, IFSEC’s Event Director, explains: “There is a wealth of business opportunities present in India’s rapidly developing, and largely unpenetrated, security solutions sector. The results of this extensive research will provide an insight into this market that will enable us to create an event that best caters for the needs and addresses the current issues of today’s security professionals within the South Asian region.”

IFSEC India will take place from 25-27 October 2007 at Pragati Maidan in New Delhi.  For further information about the event, please visit www.ifsecindia.com.

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