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. |
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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. |
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