Video surveillance security service business.
The goal of this blog is to come up with a modern security service business idea, we will know how close circuit camera can become a modern age security solution. In this article we will have detailed information. However, if you want more information I promise to get back in a week or two.
Introduction
Robust surveillance and vigilance become an integral necessity for urban dwellers, hence CC CAMERA market in India is growing at a CAGR of 23%. The technology of monitoring systems also getting evolved rapidly. I see an immense business opportunity in the next 2 decades in this domain, because of rapid urbanization and the increasing need for protection in both commercial and noncommercial sectors. This is my 10th post in the last ten days, hope you will find it very enterprising. As I am committed to uniqueness in all my ideas, today also I am assuring you the same.
Problem Statement for Security service business
Increasing need for security among the urban dwellers but lacks supply through organized and structured mechanisms.
Example
In today’s scenario, whoever wants to put a surveillance system for their premises needs a back office to remain vigilant with a monitor for 24 hours as well as needs to deploy manpower too. This is sometimes not feasible due to a lack of resources.
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Security service business concept
The business will provide a solution to this problem. Surveillance through a robust mechanism that will be easy to adopt for the users.
How does this security service business work?
You will have technology with high-speed internet, and you will set up a central monitoring office with multiple screens. From here you will operate surveillance for multiple units or premises where you have installed CC Camera and other gadgets. So, any single unit that was earlier in need of this service but could not due to space or manpower constraints, shall now adopt your services.
Investment
1. Licensing: INR 1 Lakh (Company registration, Trade License, PSARA) 2. Office Leasing/Rent Deposit: INR 1 Lakh 3. IP camera, Monitor, System, Gadgets, Internet Leased Line, Software, and other tools: 5 Lakhs to 9 Lakhs depending upon the brand and make.
Revenue Line
Annual Service Contract, Gadget Selling.
Scale-up
After you start generating revenue from the project you may approach an investor for scale-up to add more units. Opportunity is immense, and market demand is increasing.
Best of Luck!
