Megvii
SenseTime’s Artificial Intelligence Business Examined
November 3rd, 2022Megvii Announces $935M IPO as China’s AI Dragons Prepare to Fly
September 16th, 2021Future Trends in the Global Video Surveillance Market
The world market for Video Surveillance products was $19.1 billion in 2019 and accounted for 56% of the physical security products business. During the last 12 years it has been the largest and fastest growing of the three market sectors. In 2020 we estimate that demand has fallen to $18.1Bn. From 2020 it will grow […]
Physical Security Tech in Smart Buildings Attracted over $2.9Bn in Global Investment in 2019
This article was written by Daphne Tomlinson, Senior Research Associate at Memoori. Over $2.9 billion was invested in firms providing physical security solutions for residential, commercial and industrial facilities in 2019. The data from our new report on M&A and Investments in Smart Buildings H2-2019 reveals the extent of global investment in the physical security […]
Global Investment in Smart Building Technology Exceeds $16.5Bn since 2017
This article was written by Daphne Tomlinson, Senior Research Associate at Memoori. Since 2017, Memoori has tracked around 970 funding rounds worldwide across the smart buildings space which have attracted over $16.5 billion in disclosed capital investment by venture capital, private equity and corporate investors. Investment in 2019 amounted to $5.4 billion spread over 316 […]
How Long will the Video Surveillance “Great Wall of China” Hold?
Our recently published 11th annual report shows that the world market for Video Surveillance products is split between China having approximately 45%, and the Rest of the World (RoW) sharing 55%. As it currently stands, The Chinese Government restricts foreign investment and business in specific key industries and there are certainly regulations on foreign ownership […]
World Sales of Physical Security Products in 2019 was $34.3Bn but Global Demand is Unbalanced
Our new annual report shows that total value of world production of Physical Security products at factory gate prices in 2019 was $34.3Bn, an increase of 8.5%. Of the 3 product categories covered in the report, video surveillance had the highest rate of growth at 9.7% over the last 3 years and accounts for 56% […]
Heavily Funded Chinese AI Unicorns Target Smart Cities, Public Security & Building Management
This article was written by Daphne Tomlinson, Senior Research Associate at Memoori. China has been investing heavily in Artificial Intelligence (AI) in a national bid to become a world leader in the technology. A government plan calls for the country to be at the forefront of AI research by 2030. Billions of dollars are being […]