[Secutech 2014] A quick peek global security market

There's quite a mixed bag of people that visit Secutech annually in Taiwan. You'll find Asians, Europeans, Africans, Middle Easterners, and Americans visiting all the various stalls, making connections, and talking business.

One of the fastest growing sectors in the security industry are the Middle Easterners. In countries like the United Arab Emirates (UAE), the city, infrastructure, and market are developing at an extremely fast pace. Abdul Gafoor, Managing Director for Emirates Net Systems, is an example that's come to Secutech to establish connections and check the newest products and developments. With a focus on IP cameras and home automation, he has come to Secutech to look for manufacturers and explore options in the Asian market.

The general consensus from visitors here that have commented seems to be that China is a fast emerging market. In the past, they've had the not necessarily fair stereotype that their products while cheap, are inferior in quality to the majority of the rest of the world. The upshot is, the majority of the industry believes that China is improving by leaps and bounds, and in some cases even surpassing Taiwan and Korea. According to Alessandro Berio, Managing Director of Eurogroup Security and Automation, China has already surpassed almost everybody in terms of the manufacturing department, especially in the analog market. China: definitely a player to look out for.