The video surveillance equipment market is growing rapidly today.
With the continuous development of China’s Internet industry, second- and third-tier cities have gradually entered a period of rapid development, the demand for construction has accelerated, and the use of public safety protection technologies and equipment has become increasingly close to the lives of residents. For a long time before, the security market was developing commercial cameras because of the obvious need in the commercial market.
As security demand continues to grow, the video surveillance equipment market is in a rising cycle. During the period of 2010-2016, the scale of China’s video surveillance market increased from 24.2 billion yuan to 96.2 billion yuan, with an average annual compound growth rate of 25.86. It is estimated that the market size will reach 119.2 billion yuan in 2018, a year-on-year increase of 12.