The very best in product sourcing, networking, and meaningful business exchanges will be on offer in Ho Chi Minh City later this year, when the regional security industry converges at the Saigon Exhibition and Convention Centre for the 12th edition of Secutech Vietnam.
The fair has been on an impressive growth trajectory since 2014, owing to high demand for security products in vertical markets such as hospitality, transportation, residential property, and newly completed commercial construction projects. In fact, between 2014 and 2018, numbers of visitors to the fair increased by over 225%, while exhibitor numbers experienced a rise of 210%, to reach 13,898 and 310, respectively.
Video Surveillance Market To Grow At 12.4%
The combination of these factors has bolstered the video surveillance market in Vietnam, which is forecast to grow at a CAGR of 12.4% by 2020Construction has been one of the key driving forces behind market growth, with newly completed hotels, residential complexes and shopping malls requiring comprehensive security and fire safety provisions.
Meanwhile, a welcoming FDI environment and low import taxes, due to agreements such as the ASEAN Trade in Goods Agreement (ATIGA), have encouraged foreign players to enter the market. The combination of these factors has significantly bolstered the video surveillance market in Vietnam, which is forecast to grow at a CAGR of 12.4% by 2020.
Learn About Industry Developments
Ms Regina Tsai, Deputy General Manager of Messe Frankfurt New Era Business Media Ltd, spoke about Secutech Vietnam’s role as a springboard for new business: “The fair is an excellent avenue for distributors, contractors, consultants and system integrators to learn about new industry developments and source the right products for their projects. At the coming edition, we are expecting over 360 high quality exhibitors to occupy 11,000 sqm of exhibition space.
“The ongoing support that the fair receives from government authorities such as the Ministry of Public Security demonstrates the fairs’ relevance across Vietnam’s important vertical markets. This year, we are delighted to be adding new supporters the Vietnam Railway Authority, the Directorate of Roads of Vietnam, the Vietnam Federation of Civil Engineering Association, and Houselink.”
Security Products And Solutions On Display
Buyers will find the latest surveillance camera systems, access control systems, time attendance systems, smart locks, biometrics solutionsIn keeping with its position as a one-stop business platform for the entire security industry, the fair will cater to a full spectrum of sourcing needs. Across the show floor, buyers will find the latest surveillance camera systems, access control systems, time attendance systems, smart locks, biometrics solutions, video content analytics, intrusion/perimeter detection systems, data storage solutions, management platforms, and security services.
In addition to this, even more sourcing opportunities will be on offer at two concurrent events – Fire Safety and Rescue Vietnam, and SMABuilding Vietnam.
The smart home and buildings market has been gaining traction in Vietnam and across Asia, with many research institutes predicting significant growth. IHS Markit, for example, has forecast the Asian smart home market to grow to US$26 billion by 2022.
Smart Home And Fire Safety Solutions
SMABuilding Vietnam will help visitors gain an upper hand in this market, by providing a platform for channel players to build connections with suppliers of the latest IoT based smart home and building technologies. A selection of products to be featured at the event include building and energy management systems, parking management solutions for residential and commercial settings, intercom systems, office management systems; and smart home solutions such as security surveillance cameras, sensors, and smart control panels.
Fire Safety and Rescue Vietnam will return to connect trade visitors with the relevant suppliers of fire extinguishers, alarms, escape equipmentMeanwhile, against a backdrop of rising social awareness and strict safety regulations, Fire Safety and Rescue Vietnam will return to connect trade visitors with the relevant suppliers of fire extinguishers, alarms, escape equipment, smoke exhaust devices, public address systems, personal protection equipment, fire vehicles, fire resistant materials and more.
Return Of The Singapore Pavilion
Besides the two concurrent events, the Singapore Pavilion is set to return as the place to find a selection of Singapore’s leading solution providers. The pavilion will be expanded to include even more exhibitors in the security and fire safety sectors, including Force 21, Kedacom International, Multron Systems, Nitti (Asia), Servo Dynamics, Teleradio Engineering, Ubergard, and Worldtags.
To ensure that the right connections are made during the fair, a number of VIP tours and business matching programs will be held, while visitors will also have the opportunity to catch up on industry developments through a range of educational seminars. Further details will be announced closer to the show.
Secutech Vietnam will be held from 14 – 16 August 2019.