This report is about China security industry overview. The aim is to realize development of Chinese Security industry in 2016, to clear development direction in 2017.

1. The Total Output Value of Security Industry in 2016 is ￥540 billion

In 2016,China’s GDP is expected to reach 72.2trillion Yuan and the total output value is security industry has accounted for about 7‰.

2. Security Industry Growth Rate In 2016, security industry growth rate is 11%

Compared to 2015, the growth rate of security industry has decreased in 2016 which indicates that the development of security industry will enter a stable era. However Wodsee security cameras still maintained a relatively high development speed.

3. 2016 Security Industry Market Share 

Security products output value worth 190 billion

4. Domestic Security Industry Scale

Due to the factors like economic efficiency decline and industry transformation, traditional processing and manufacturing-based security manufacturers gradually out of the market, in contrast, the new entrants are focused on biometrics and other high-tech fields mainly enter into the market.

5.Security Product Application Market Share

Still, safe city and intelligent transportation are the most popular category. It is worth mentioning that people’s livelihood related industry like intelligent building has witenessed a rapid growth.

Although the growth rate of security industry has decreased in 2016. However, Wodsee electronic company do believe that the video surveillance market will be better and better. In order to meet the high requirements, Wodsee not only deal with AHD cameras,IP cameras,PTZ cameras but also enlarge the business to smart home systems.