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Venustech Group ranks first in China's video IoT security and video IoT border security product markets

2024-08-20

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Recently, IDC released the report "China Video IoT Security Market Share, 2023". The report shows that Venustech Group ranks first in China's video IoT security and video IoT border security product markets with market shares of 11.0% and 25.9% respectively, successfully retaining the double championship.
IDC pointed out in the report that the evolution of China's video IoT security market in 2023 will focus on the continued expansion of diversified industry applications and the progressive development towards ubiquitous IoT security. The government industry is still the core market for video IoT security, but the market has declined due to factors such as tight user budgets and extended project delivery cycles. In contrast, with the deepening of video IoT applications, the markets in multiple industries such as transportation, finance, education, and medical care have shown positive growth trends.
Venustech Group's outstanding achievements in the field of video IoT security stem from its deep insight into user needs and continuous innovation and optimization of product technology. Relying on its deep technical accumulation in this field, the Group has created a series of security products and overall solutions for video private networks, including video security switching systems, video private network boundary security protection, video IoT terminal access security protection, video leakage prevention, video security audit system, video security management platform and other comprehensive professional security products, providing solid technical support for video private network security.
Currently, Venustech Group is further improving the protocol adaptation capabilities of its security products, and continues to improve the protection performance of its security products in response to the needs of high-concurrency and low-latency AI video analysis, ensuring the real-time and effectiveness of video IoT security, and providing users with more efficient and intelligent security protection.
In addition, Venustech Group actively participates in the drafting of video security standards and specifications for multiple industries. Many of its products have taken the lead in passing national and industry standard tests. With six core functions, including asset identification, asset status monitoring, two-way access control, threat protection, weak password detection, and video signaling control, it continues to empower customers in industries such as public security, procuratorates, courts, border inspection, transportation, energy, water conservancy, environmental protection, customs, and finance, and has repeatedly provided security for video of major national events and activities. At the same time, the Group also actively responds to the personalized needs of users in different industries, provides customized development services, meets the needs of the diversified market, and helps customers move forward steadily in digital transformation.
Faced with increasingly complex and ever-changing cybersecurity threats, Venustech Group will always adhere to the leadership of innovative technology, continue to explore and practice in the field of video IoT security, continuously optimize products and services, and contribute to building a more secure and reliable digital world. (Xianning News Network)
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