SecurityWorldMarket

27/08/2024

Copiax and Hanwha Vision enter into new partnership

Stockholm, Sweden

Marcus Ribbing, Hanwha Vision and Mathias Karlsson, Copiax Image courtesy of Copiax

Copiax and Hanwha Vision are now entering into a collaboration with the aim of the Swedish camera surveillance market. With NDAA-compliant cameras in demand in several price ranges, Copiax's range is significantly broadened with almost 350 new products from the Q, P, X, T, and A series.

"We are investing heavily with the established Hanwha Vision to be able to offer the industry a complete range in one place. For us, it is important to be able to meet customer demand both in terms of breadth, different systems, scope and price segments," says Mathias Karlsson, Team Leader Category Management at Copiax.

"For example, NDAA-approved products are important, not least for authorities, and there is a desire to be able to scale solutions depending on needs. With Hanwha Vision's broad portfolio in camera surveillance, it becomes possible," he continues.

Hanwha Vision has achieved great success worldwide since its inception in 1990. With AI-powered solutions for both commercial operations and infrastructure for entire cities, Hanwha has an extensive product range and they are available in a global market. In Sweden, Hanwha Vision has been around for several years.

"We are very happy about the collaboration with Copiax, which has a unique, strong position in the Swedish security industry," says Marcus Ribbing, Business Development Manager at Hanwha Vision in Sweden.

The Swedish AI-based CCTV market is estimated to be worth around €75 million (by 2023) and is expected to reach €445 million by 2030 with a strong annual growth rate.**

"Globally, the camera market is growing and even though Sweden is a small market, we are far ahead technically, have financial conditions and have many early adopters. Overall, it is a favourable environment," says Mathias Karlsson.


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