Rapid development of mobile internet

Recently, Ingersoll Rand's divestment of its security business, which had been brewing for a year, was officially completed. An Fengjie, Senior Vice President of Global, and President of Asia-Pacific Region, Yu Feng, said that the security business accounted for 15% of Ingersoll Rand’s total revenue of US$14 billion last year, which was US$2.1 billion. The new company split and established is expected to have annual sales. At 2 billion U.S. dollars. The newly formed company mainly consists of three business segments: commercial and civilian locks, door closers, escape devices, steel doors and frames, and other architectural hardware products; electronic access control and biometric systems, labor management systems; and video surveillance and security system integration. In the civilian area, it will cover electronic locks, access control, parking systems, and residential video surveillance systems. “The civilian awareness of this piece has not yet risen, but according to industry data, in 2015 there was a large security market worth 500 billion yuan, and residential households accounted for a quarter.” said Yu Feng.

With the development, with the popularization of smart home concepts, the civil security market is gradually being developed. Based on the effective integration of technologies such as the Internet of Things (IoT) and the triple play, security products are continuously implementing a series of solutions and new products targeted at the civilian security market, such as home monitoring, mobile phone monitoring, and smart home, especially the mobile Internet. Rapid development may change the status of civil security. The establishment of two institutions at the Third Plenary Session of the 18th CPC Central Committee, that is, the National Security Council and the Central Committee’s deepening of the change in the establishment of the leading group, can be considered that in the process of the military’s construction and security, the future supporting input should be a There are significant business opportunities in the two important areas of investment, security and environmental protection. The deepening of civil security will bring further development to the industry.

500 billion market civil security or will win business opportunities Guiguan current domestic video surveillance has been mainly used in safe cities, finance, transportation and other fields, but in developed countries, civil security market scale is not smaller than the city and industry application scale.

In fact, the future per capita security expenditure based on Maslow's demand theory is not less than telecommunications expenditure, and it is more applicable to the civilian market. In the future, shops, small businesses, residential properties and residents will continue to purchase a variety of security equipment in order to enhance the security of residential and residential buildings. Overseas experience shows that the market for security operations services is even broader.

Li Wei, director of Hangzhou Hikvision Digital Technology Co., Ltd.’s Internet business platform, said that at present, China’s civil security market accounts for only 6% of the total output value of the security market, while the United States as the world’s leading security market, the output value of the civilian market accounted for 50 More than %, the world average is also about 10%. This shows that the civilian security market in China's mainland is still in its infancy. However, people have become increasingly aware of the importance of security. Many manufacturers have also begun to actively participate in this market. As everyone's needs for security become more and more. In many cases, the civilian market will develop rapidly.

According to the development experience of overseas security giants, the scale of revenue generated by security operations will exceed security equipment.

The largest security company in North America, with 16,000 employees, provides security operations for over 6 million individuals or small business users. In 2012, ADT’s total revenue was US$3.228 billion, of which RecurringCustomerRevenue recurring customer revenue was US$2.903 billion, accounting for 89.93%. Operating profit was US$722 million.

Japanese security giant SECOM has a total revenue of 765.63 billion yen for the fiscal year 2013, of which security services security operating income is 441.18 billion yen, accounting for 57.62%. Operating profit was 108.37 billion yen, of which Security Services had a profit of 102.49 billion yen, accounting for 82.96%.