SecurityWorldMarket

23/09/2013

Qihan sets strategy for growth with market expansion

Shenzhen, China

According to Qihan, statistics on the market size of China's Security Industry rose from 120 billion RMB to 250 billion RMB during 2006 to 2011, the annual compound growth rate is nearly 25%. In 2016 the China Security industry is expected to reach 500 billion RMB, with an annual compound growth rate is approximate 20.24%.
As the city "guardian", the security industry plays a key role in the "Green City" and "Smart City" construction. In the future, the governments in China will most likely employ security technology for crime prevention and for system control, which is a developing opportunity and also an enormous challenge to the industry. How to utilise and promote security technology better to result in a harmonious and peaceful city, has become an issue that every security company should focus on. With this trend, Qihan, one of the industry-leading security equipment and solutions providers based in China, is setting out to take over the number one spot in the security monitoring industry with its own methodology.

Qihan Technology is a state high-tech enterprise in China that was established in August 2006 and started with a registered capital of 50 million RMB, and it has continued along a steady growth rate of more than 40% of its annual turnover. The company dedicates 10% of its annual turnover into research and development for new products and technological innovation. Qihan has an in-house designed ISP image processing technology, a variety of video transmission and exchange protocols, and video scaling, stitching and intelligent analysis technology. In order to fully utilise these strengths, there are about 100 items that have been certified and for which patents have been obtained to date. After years of market testing, whilst pursuing its core mission of "Creation for Safe Life”, Qihan believes it has gained a good reputation for its peace-minded technology, quality and service from its group of customers and partners.

Other than "innovation", in pursuing enterprise longevity, Qihan also has a unique approach to human resources development to actively expand staff specific security skills by investing in resources for professional development.

Qihan products have already proved popular for many applications and developments in China and with good references and brand exposure the company now plans to extend its sales reach to more countries and other regional markets, such as Europe, North America, South America, Middle East, Southeast Asia, Africa, and Australia.


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