China Security Market Insight
China represents a key growth market for security technology developers. With its healthy economic position, focus on large-scale infrastructure investment plans, and growing population, the nation offers international technology suppliers a range of opportunities for the deployment of security solutions. However, intense competition from increasingly strong domestic companies such as Hikvision, Dahua, and Huawei together with a market preference for the use of homegrown technologies makes entering the market and sustaining a competitive position difficult. Whilst market entry barriers are in place, for organisations willing to invest time in creating key relationships the Chinese market can be a key strategic foothold for success in the rest of the Asia-Pacific region. This market insight investigates the changing nature of security threats and investment in the country, highlighting key areas of growth and future areas of opportunity across a broad range of critical infrastructure markets.
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