Old Community Renovation Project, 100 Billion Security Market

- Nov 26, 2020-

The Transformation of OLD Communities has Spawned Hundreds of Billions of Business Opportunities in the Security Market

The old communities are witnesses of urban development and urban history. Due to the early planning and construction of the old community, the construction standards are relatively low, and there are varying degrees of aging pipelines, equipment in disrepair, outdated security facilities, aging elevators or no elevators, shortage of parking spaces and some even no underground parking lots, public security management Many problems such as backwardness and damaged roads.

 In July 2020, China issued the "Guiding Opinions on Comprehensively Promoting the Reconstruction of Old Communities in Urban Areas". The "Opinions" clearly pointed out that for the old communities built before the end of 2000, China will provide key support in the basic renovation content of water supply, drainage, roads, security, etc., which specifically puts forward the construction requirements of smart security and encourages comprehensive Use physical defense, technical defense, and civil defense to meet safety requirements.

The promulgation of the "Opinions" presses the accelerator button for the transformation of old communities, which will inevitably lead to several areas such as smart security monitoring, access control, anti-theft alarm systems, perimeter prevention systems, smart parking, smart community solutions, and smart community management platforms. There is a huge market opportunity.

 According to a Chinese survey, as of the end of July 2019, there were 170,000 old communities that need to be renovated. Based on the average investment of 400,000-700,000 yuan in the security system of each community, according to the old community renovation in the "Opinions" The ultimate goal is to basically complete the transformation of old communities that need to be rebuilt before the end of 2000 by the end of the "14th Five-Year Plan" period. The transformation of old communities in the next few years will directly bring 68 billion to 112 billion business opportunities for the security industry.


HRUI PoE switches help companies seize business opportunities in security

The security business opportunity of 100 billion yuan is a market cake that should not be underestimated and deserves the attention of enterprises. However, under the premise of the continuous expansion of the market size, nowadays, the number of companies engaged in the intelligent transformation of security in old communities is also increasing, and the market is also facing more diversified competition. On this basis, the entire market has improved products for the transformation of old communities. Equipment technology and solutions also put forward more specialized requirements.

      HRUI is a global manufacturer of intelligent PoE switch products and equipment. The products are designed for the security industry and network communication industry. They have complete models, stable performance, high power, high bandwidth, low latency, and intelligent management. They can be used for the transformation of old communities The various security projects in China provide safe, stable and reliable network transmission equipment and technical support solutions, which are indeed the first choice of security companies and engineering companies.