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HSRCBlog In 2013, China’s Safe City Projects Grabbed 58% Share of the Global Safe City Market

In 2013, China’s Safe City Projects Grabbed 58% Share of the Global Safe City Market

Out of the 2013 $17.4B global safe cities’ market, China’s $10.2B included $3.6B for procurement from foreign-based companies such as IBM, Cisco and Siemens.
Chinese Safe City Billboard. (Source: China Ministry of Interior)
According to “China Safe City Technologies & Markets – 2013-2022” and the “Global Homeland Security & Public Safety Market – 2014-2022” reports,.China’s safe city market (including planning, consulting services, systems procurement, integration & installation costs, maintenance and upgrades) will accumulate to $138B between 2013 & 2022 and peak in 2021.$46B of this amount will go to foreign-based companies. The main driver of this market is China’s 650 (or “Plan 3111”) safe cities program.These safe cities municipal-level deployments of sensors and systems are intended to enhance the mitigation of crime, terror and prepare for either manmade or natural disasters. In these projects, deployments of 100,000-plus surveillance cameras per city are not uncommon, dwarfing even the largest European or U.S. smart & safe cities projects. China’s seemingly unquenchable thirst for advanced video surveillance technologies led to 13M cameras already installed, making China the world’s largest consumer of video surveillance equipment.

Read more on China Safe Cities Technologies and Markets business opportunities, market figures and forecasts

Gil Siegel

gil@hsrc.biz

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