As the combination of AI and video surveillance, traditional security industry continues to develop and extend horizontally and vertically. Vertically, the front-end equipment (like camera, nvr) can be accessed by internet. And integrated back-end system has made the video surveillance system further towards the goal of full-stack intelligence. Horizontally, intelligent video surveillance has been integrated into safe cities, smart homes and other fast-growing fields, which has further widened the application boundary of security.
The maturity of AI technology and the process of China's high-speed urbanization, especially the implementation of safe cities and intelligent transportation construction that are closely related to security development, have maintained a good growth momentum in the security industry. The growth rate is 15%.
We believe that the security industry can still maintain a good growth trend in 2020.