25-COMPETITORS AND INDUSTRY ANALYSIS

25-COMPETITORS AND INDUSTRY ANALYSIS - Inc., Kocom Co.,ltd,...

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COMPETITORS AND INDUSTRY ANALYSIS The Korean security equipment industry is comprised more than hundred manufactures that the major product segments produced are CCTV Cameras, Digital Video Recorders, and Video door phone. The key segment of the security equipment market is “the World’s top 50 security companies in product sales”. Of the World’s 50 security companies there are six Korean companies dominate the security equipment market. These six competitors are Posdata Co.,ltd, Hitron Systems Inc., Commax Inc., CNB technology
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Unformatted text preview: Inc., Kocom Co.,ltd, Kodicom Co.,ltd. The Korean video surveillance industry is undergoing a rapid and exciting transformation. The industry is transitioning from analogue CCTV to network video surveillance which is evolving new product functionalities such as video content analysis. Moreover, investment in security equipment across a wide range of industries is high, particularly given the climate of terrorist attacks. These factors are forecast to ensure that the Korean video surveillance market will grow strongly for some time....
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