According to a research report "China Smart Cities Market growth is driven by the increase in population, the need for rapid urbanization, and governments investments and policies to speed up the successful implementation and development of smart cities projects. China Smart Cities Market provide detailed information about the factors influencing market growth (drivers, restraints, opportunities, and challenges) - Global Forecast to 2023" published by MarketsandMarkets. The China smart cities market is projected to reach USD 59.9 billion by 2023 from USD 30.4 billion in 2018, at a Compound Annual Growth Rate (CAGR) of 14.5%.
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The video segment is expected to grow at the highest CAGR
from 2018 to 2023
China is taking efforts to
improve the surveillance of its people by bringing in capabilities, such as
Artificial Intelligence (AI), and facial and gait recognition. The video camera
segment in China is annually growing with a rate of 18.1%. China is more
focused on surveillance systems that connect security cameras nationwide via
the cloud to a database of every person’s facial ID profile and a file of their
personal details. Hangzhou-based Hikvision, a video surveillance company,
possess 21.4% of world’s market share of CCTV cameras and video surveillance
equipment. The Chinese government owns a 42% stake of Hikvision. In 2015, the
Ministry of Public Security launched a project, aiming to establish a giant
facial recognition database to identify any citizen within seconds; the project
is still under the development phase. It targets to achieve an accuracy rate of
90% but faces formidable technological hurdles. The project aims to identify
any one of its 1.3 billion citizens within 3 seconds. The country is more
focused on real-time analysis of surveillance data using sensor systems to
improve the public system and the security.
Major trends in Video segment:
Smart Responders
Panoramic-View Body Cameras with
Inbuilt Facial Recognition: China is taking efforts to identify wanted suspects
in real-time. For that, police officers across China will be equipped with
panoramic-view body cameras that come loaded with facial and gesture
recognition technology.
Facial Recognition Database
China is building the giant facial
recognition database with the power of identifying any one of its 1.3 billion
citizens within 3 seconds.
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Immigration/Border Control and Criminal
Identification
Facial Recognition System: The system has
been installed at Hong Kong-Shenzhen border to accelerate custom checks on the
border that consists 6,40,000 crossings every day. It checks visitors’
appearances against a database of faces and travel information and alerts
customs officials if found suspicious.
Fingerprint matching, facial recognition, and
thermal-scanning technology: The technology is being tested at the border
crossing of Hong Kong-Zhuhai-Macau Bridge. The system is based on AI technology
and is able to complete immigration clearance in under a second with up to
99.5% accuracy. The high-resolution cameras, fingerprint matching, and
thermal-scanning technology have been deployed for one immigration lane at
border control.
City Surveillance
Facial Recognition
Cameras: A school in eastern China installed cameras to monitor students’
facial expressions and attentiveness in class. The cameras will act as a part
of school’s “Smart Classroom Behaviour Management System”, providing real-time
information of the students to their teachers.
Shenzhen has expanded its
traffic surveillance programme by installing facial recognition cameras to
identify drivers violating the traffic rules such as driving without valid
license. The cameras are able to provide an image of not only number plate but
also the driver’s face.
The
major vendors in the China Smart Cities Market are Advantech (China), Kontron
(Germany), CRRC (China), Hollysys (China), Nari Technology (China), China
Railway Electrification Engineering Group (China), Hikvision (China), Dahua
Technology (China), and Seavo Technology (China).
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