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The current development of intelligent security market
Smart cities represent a broad and comprehensive concept that touches every aspect of urban life, including intelligent transportation, smart logistics, smart healthcare, smart security, and smart homes. While these sectors may appear separate on the surface, they are deeply interconnected, collectively forming the foundation of a smart city. Among them, the integration of smart security with other smart city domains is particularly evident. So, what is the current state of the smart security market, and how is it being applied?
Smart security initially found its breakthrough in the smart home sector. As technology advances, urban residents are increasingly demanding greater safety and security for their families. The integration of security features into home devices has become a key selling point. This is most commonly seen in automatic alarm systems. When homeowners leave for work, they can remotely control home appliances and receive alerts if there’s an intrusion or if a device malfunctions, such as a fire or electrical hazard. These early warning systems allow users to take immediate action.
As living standards improve, the number of cars in cities has surged, leading to more severe traffic congestion and safety issues. Studies show that the application of security technologies in intelligent transportation is an effective solution. Systems like electronic police, highway toll collection, and vehicle navigation all fall under this category. These systems rely heavily on video surveillance, electronic identification, and mobile camera devices—products that the smart security industry can provide.
Moreover, through technological integration, smart security can collaborate with industries such as smart buildings and smart infrastructure. The smart security market is now experiencing rapid growth, with increasing competition driving mergers and acquisitions. Smaller, weaker companies are gradually being phased out, while industry leaders are rising to prominence.
Currently, the development of security video surveillance systems is still in an expansion phase. Security users are primarily focused on "surveillance coverage rate," but there's less attention given to early warning capabilities. Research and development funding for video analytics applications remains inadequate, and there's a lack of an effective mechanism for developing intelligent video analysis products. Many users don’t clearly define their requirements, and R&D teams often lack a deep understanding of the security industry, resulting in products that are repetitive and not tailored to real needs. System integrators also fail to bridge the gap between product development and user demands, sometimes exaggerating the capabilities of these systems, which harms the market image.
From a regulatory perspective, the absence of authoritative certification standards makes it difficult for users to assess product performance, reducing their confidence in applying intelligent video analytics. Additionally, the high cost of these systems limits their accessibility. Intelligent video analysis involves multiple modes of detection, requiring different algorithms, specialized researchers, and professional technicians during installation. In 2007, a single system could cost up to 360,000 RMB, and although prices have dropped, they remain in the tens of thousands, making them inaccessible to the average consumer.
To address these challenges, the research and development of intelligent security products must be strengthened. The performance of video analytics is closely tied to specific industry applications, and the security sector’s unique and sensitive nature requires a more collaborative approach. By establishing a “joint key laboratory for smart video analytics,†involving users, developers, and integrators, we can foster a tripartite cooperation model based on shared benefits and risks.
In this collaboration, users actively participate in the R&D process by defining requirements, organizing demonstrations, and improving system performance. Developers focus on refining video analytics algorithms, enhancing real-time performance, and reducing false alarms. Integrators optimize camera placement, lighting, and angles to ensure high-quality images, creating better conditions for intelligent video analytics.
Furthermore, accelerating the development of standards and norms is essential. Authorities should bring together R&D teams, integrators, testing organizations, and users to create a comprehensive standard framework for intelligent video analytics. Establishing certified testing centers will enhance the credibility of performance assessments and improve market regulation.
Finally, expanding funding support channels is crucial. With smart cities entering a new phase of development, smart security plays a vital role. Government funding, combined with contributions from users, R&D institutions, and integrators, can help reduce costs and promote widespread adoption. By investing in key technology projects, we can drive innovation and make intelligent video analytics more accessible to everyone.