The report data shows that the market size of China's security industry has grown from 162 billion yuan in 2008 to 520.2 billion yuan in 2016, and the security industry in China has achieved rapid development. From 2008 to 2016, the compound annual growth rate of the industry reached around 15.7%, and in recent years, there has been an accelerating trend in industry development.

　　Analysis of the Development Prospects and Trends of the Home Security System Market

1. Market prospects of video surveillance systems

The video surveillance industry has industry attributes, demand resistance to cycles, and future growth momentum mainly comes from the government, industry applications, and civilian tertiary markets. The government accounts for 30-40% of the market share, and Safe City is one of the main projects. The video surveillance market in China has broad prospects, and the market size will maintain an average annual growth rate of over 20% in the coming years.

2. Market prospects of access control intercom system

In recent years, the domestic residential purchase restriction policy has had an impact on the door ban industry, but investment oriented commercial intelligent buildings will continue to be a hot topic. In addition, driven by the high-definition security monitoring market, the market demand in industries such as factories, mines, and banks is gradually increasing, making the access control industry the "three pillars" of security systems alongside anti-theft alarm systems and video surveillance systems.

From the perspective of market demand, the large market of 675 judicial prisons, 3200 detention centers, and 350 labor camps in China has become a favored focus. There is a strong demand for access control systems in multiple industries such as rail transit and petrochemicals. During the peak period of campus security construction, China Mobile, China Telecom, and China Unicom are promoting the development of the investment oriented mobile access control system market. As campus cards, enterprise cards, and citizen cards become increasingly popular, the demand for access control in the market is expected to maintain a strong annual growth trend of 30% -35%, with broad prospects.