Secutech April 2024: Strong Focus on Artificial Intelligence and IoT
In the pursuit of digital transformation and technological innovation, almost all major industries are focusing on IoT and AI based technologies. In the security industry, AI in particular holds great potential to help professionals identify and prioritise risks, safeguarding people, property, and assets. These applications can provide real-time monitoring, threat detection, and proactive responses.
Estimated to reach a total market size of USD 62 billion in Asia by the end of 2023, the applications of AI are continuing to expand, while its influence on the security industry continues to provide scalable solutions across various vertical markets. Drone implementation, IOT deployment, AI image recognition implementation and cloud platform integration are widely used in Taiwan’s public sector, with great potential to grow in the private sector too. This evolving landscape is creating opportunities for Taiwanese manufacturers, who are globally acclaimed for their high-quality security hardware and software. Its security market size is currently valued at over USD 5.86 billion. Meanwhile, the overhaul of public projects necessitates a substantial number of new intelligent (IP) security systems, which can be utilised in government utilities, critical infrastructure, and police agencies.
Within this context, Secutech is the ideal place for the entire security supply chain to network and conduct business. Ms Regina Tsai, General Manager, Messe Frankfurt (HK) Ltd – Taiwan Branch, explains: “With more than 24 editions of experience, the fair is renowned as a technology platform for security, IoT and AI integration. Its connections across Asia attracts major security buyers and system integrators from both the public and private sector. It is a one stop platform for everything from total solution providers to component manufacturers, fostering cross-industry collaborations across information and communication technology, security, transportation, fire safety and the building industry through connected technologies.”
The three-day fair will allow exhibitors and visitors to discuss new technology solutions and generate meaningful business connections across four main themes:
- AI-empowered security – intelligent monitoring / gate control / security solutions, AI applications, Application of 5G communication technology.
- Smart fire & disaster prevention – firefighting technologies, smart disaster prevention, industrial facility safety & occupational safety.
- Intelligent building & smart home – exhibitors will unveil the latest building safety, smart home, and environmentally sustainable development solutions.
- Mobility & transportation safety – Asia’s leading business platform for intelligent transportation solutions, covering railway, road, parking, fleet management applications and solutions.
Messe Frankfurt Hongkong
35/F China Resources Building, 26 Harbour Road
Wanchai, Hong Kong