Safe Cities Technologies Development Market Technology Innovation and Industry Growth Forecast to 2022
In 2011, the Chinese central government began the massive implementation of a national program requiring 650 Chinese cities to reform their public security and safety infrastructures with state-of-the-art technologies. According to the China Safe Cities Technologies and Markets 2013-2022 report, this program will result in a cumulative 2013-2022 $138 billion Chinese Safe City market the largest national Safe City market in the world.
Foreign-based companies (e.g., Cisco, IBM, GE Security Asia, Panasonic, Samsung Electronics, Bosch Security, Honeywell, Siemens, Toshiba, AGT) will continue to dominate the Safe Cities premium/high-end product markets while the low and mid-end products will be supplied by Chinese vendors. The foreign-based companies’ market share is estimated at more than 35%, representing cumulative revenues of $46 billion for the forecasted period.
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A major driver of the market is that China is pushing ahead with its massive multi-trillion dollar plan to transfer 250 million rural residents (roughly the total urban population of the U.S.) into newly-constructed cities. The goal of this plan is to decisively solve the rural-urban income gap by creating a prospering urban middle class of over 700 million people. This urbanization will supply a low cost workforce and create a growing consumer demand for goods and services. Thus, this program is viewed as the key to maintaining the nation’s continued economic development. This massive relocation is generating harsh opposition requiring the Chinese government to go to extreme ends to maintain control of the process. The government is committed to spending tens of billions on high-end technologies to ensure the safety and security of their cities.
As the Great Wall of China was built to defend the country from its external enemies, the Safe Cities program is being built to defend China from internal threats (e.g., crime, terror, manmade and natural disasters). Accordingly, hundreds of Chinese cities are rushing to construct their safe city platforms by fusing internet, video surveillance cameras, cell phones, GPS location data and biometric technologies into central ICT meta-systems.
This Safe Cities Technologies market research report provides the existing competitive analysis of some of the major players profiled in the market, which includes:
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The following are a few examples of Chinese Safe City projects:
Sichuan Province is spending $4.2 billion on its safe city project including a network of 500,000 surveillance cameras.
The Guangdong Province Safe City Corridor project will be based on a 1,000,000 cameras surveillance system at an estimated cost of over $6 billion.
The Beijing municipal government is seeking to place cameras in all entertainment venues, adding 400,000 surveillance cameras to the bundle of 300,000 cameras that were installed for the 2008 Olympics.
Urumqi, the capital of Xinjiang, where almost 200 people died in the July 2009 riots, finished the installation of 40,000 surveillance cameras as part of an ongoing safe city project.
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Market forecast by submarket, including tracking technologies, video surveillance, C2/C4ISR , physical identity & access management, managed security services, physical security information management, location-based emergency notification, consulting & planning, cyber security, public safety communications, system integration.
Key questions answered in the report include:
What will the market size and the growth rate by the end of the forecast period?
What are the key industry trends impacting the growth of the market?
What are the key factors driving and restraining the Safe Cities Technologies market?
What are the challenges to market growth?
What are the market opportunities and threats faced by the key players in the market?
Who are the leading competitors functioning in the market for Safe Cities Technologies?
What are the key outcomes of Porter’s five forces analysis of the Safe Cities Technologiesmarket?
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