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Home > Market > Government & Public

South Korea¡¯s security market experiencing significant growth

There¡¯s been a spike in hideous crimes against women and children in South Korea in recent years.
A string of high-profile crimes has attracted strong denunciation of the countrys justice system and South Korea¡¯s president and parliament vowed to strengthen the nation¡¯s public safety and security.

Due to rising concerns over security and safety, security market including video surveillance and access control in South Korea has been experiencing significant growth. The demand for technically advanced surveillance and access systems has also increased in South Korea, thereby, creating enormous opportunities for CCTV and access control manufacturers, operators, and distributors.

Security Industry Headlines
- The South Korean Ministry of Land, Transport and Maritime Affairs has made it mandatory that live videos of inside subway and train cars and platforms should be transmitted to both subway and train drivers and central monitoring centers in real time. The two-way wireless transmission system of train video data that supports seamless mobility has been designated as the 9th Transportation Communication Technology by the ministry. The technology is expected to enable subway and train drivers to better respond to emergency situations such as passenger fall-down on railways, fire and crimes.

- The Ulsan Metropolitan City, South Korea¡¯s seventh largest metropolis with a population of over 1.1 million and located in the south-east of the country, has announced a plan to deploy additional 98 CCTV cameras for crime prevention increasing the total number of the CCTV cameras installed in the city to 750 from the current 652 by the end of this year.

- South Gyeongsang Province, a province in the southeast of South Korea, has announced that it will embark on building the Integrated CCTV Monitoring Center connecting and integrating all the CCTV cameras deployed throughout the province. Police officers and professional monitoring staff will be stationed for 24 hours a day at the center. Their activities will help prevent crimes and illegal behaviors in advance and when an emergency happens, they can collaborate with related agencies to respond in real time. The provincial government will spend about US$28.9 million on integrating the 9,500 CCTV cameras currently installed across the province.

 

 

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     State of the Security Market in Korea 2012



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