Looking back on the development process of domestic security monitoring industry in the past 20 years, we find that the development of the security industry is very similar to the law of social and economic development, basically taking ten years as a periodic rule. Now, security has entered the third ten year cycle, as the year of the opening year has passed in 2017, China security industry in 2018 will usher in what kind of development?
The security market has been completely broken out and the security industry pattern will change again
Recently, several major domestic security listed companies announced the 2017 performance express, disclosing the main financial data and indicators of the company in 2017. From the 2017 performance bulletin, we can see that the performance of some security companies has increased rapidly, and business revenue has increased by more than 25% over the same period, some even up to 50%. Net profit growth has also reached two digits.
The good trend of the big enterprises has undoubtedly ignited the enthusiasm of the capital market, and the “security stock” has become the darling of the capital market in the recent period. It is reported that the A share security sector began to usher in a new round of rise since February 7, 2018, the total market value increased by 18%, the P / E ratio reached 41.4 times, and the average value reached 38.1 times in 2017.
Among them, the role of artificial intelligence in the security industry has been favored by the industry. With the maturity of AI technology, intelligent monitoring system has been covered in many fields. Many AI+ security companies have found stable profit models and application scenarios, which has caused a lot of competitive pressure on security leading enterprises.
However, the burden on the shoulder of the security leading enterprise seems to sink again. It is reported that the current Baidu open platform AI, click on the case and the scene column can see security monitoring of AI scenes, which include face recognition technology, can be used for precise identification of static and dynamic facial image library in the video stream, the integration of face tracking and capture, real-time control, large-scale face retrieval and comparison ability. Provide systematic and easy-to-use solutions.
In addition, in every job recruitment platform, Baidu released relevant information about security related personnel. Therefore, Baidu’s entry into the field of security has been unquestionable.
In fact, Baidu is not the only enterprise in BAT to enter security. For the security of this “fat”, the other two of the BAT have already been laid out. One of the biggest factors that push them into the game is the huge wealth that runs behind each camera. According to the statistics, there are about 176 million monitoring cameras in China, which is expected to increase to an amazing 626 million in three years.
However, the security companies do not have to worry too much about Baidu’s entry. It should be said that for security companies, the intervention of BAT and other giants is not entirely bad news, because strong opponents can better stimulate market vitality, enhance security enterprises’ sense of crisis, and let the whole industry maintain vigorous vitality.
With the outbreak of the intelligent security market, except for BAT, other AI unicorns enterprises will soon rise. The security industry will usher in a great wave, and the security industry will also change again.
Insiders said that in the face of these powerful rivals, security companies should strengthen the development of deep learning and other hard technology, build a more efficient smart city brain, and people-oriented, deep city residents demand, provide a more secure smart city solutions, let many years of accumulated experience in security and release the strong competitiveness, in order to to occupy a favorable position in the future competition.
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