The penetration rate of global smart security is still at a low level, and there is a large space for stock replacement. It is predicted that the global smart security market will reach 45 billion US dollars by 2023, and the CAGR from 2018 to 2023 will be about 30.26%.

In my country, 2016 is known as the first year of commercialization of intelligent security in the industry. The market size in that year was about 22.1 billion yuan, and it is expected that the market size will exceed 100 billion yuan in 2023, and the CAGA will be about 24.5% in 2016-2023