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Two High-Growth International Markets
Analysis from the Security Industry Association (SIA)
By Linda Yelton
CHINA
The Security Industry Association’s (SIA) Shanghai 2010 World Expo Report provides a comprehensive analysis of the business opportunities for electronic physical security (EPS) presented by the 2010 World Expo in Shanghai, China, including:
* Total investment in the World Expo is expected to be $5.2 billion, which includes investment in Expo-related urban infrastructure and public security.
* The 1.5-year event expects to welcome more than 70 million visitors at a rate of 400,000 to 800,000 per day. Managing security for this crowd is a focal point of event planning.
* Shanghai has already begun the construction of “intelligent communities,” which require the installation of Electronic Physical Security (EPS) systems in each community. Shanghai is currently the largest construction site in the world and will continue to be so until at least 2010.
* Planned investment for security is nearly 10 times greater ($1.6 billion) than investment on security for the last two World Expos: $19 million for the 2000 Universal Exposition in Hanover, Germany; and $13.2 million for the 2005 International Exhibition in Aichi, Japan.
* While the Shanghai Municipal Government remains the chief investor in the expo, two groups have been named with primary responsibility for managing the construction and security: the Shanghai World Expo Group (construction of permanent pavilion EPS systems) and Shanghai World Expo Land Holding Co. Ltd. (construction of non-permanent pavilion EPS systems).
* Each visitor will be issued a laptop/handheld computing device equipped with RFID electronic labeling. This device not only will aid visitors in navigating the huge expo site, but also will allow security systems to track the whereabouts of each visitor. The investment on this system is expected to be $88.9 million.
