Recently, Secutech Vietnam was held at the Hanoi Exhibition Center in Hanoi, Vietnam, which is the largest security equipment and technology exhibition in Vietnam and a business and technology platform for security professionals in Asia. In addition to hardware, components, and software platforms, the exhibition also emphasized the integration of Internet of Things (IoT) and Artificial Intelligence (AI) implementations, and Yoosee (hereinafter referred to as “Yoosee”), a China-based expert in IPC solutions for smart security, also participated in the exhibition.
Make friends and establish a strategic support point for Southeast Asian customers.
Currently, the demand for cameras is growing rapidly in Vietnam. In terms of camera usage per capita, this ratio is still very low in Vietnam compared to the world. It can be said that the camera market in Vietnam still has great potential. According to B&Company Vietnam, Vietnam’s camera market is the fastest growing in Southeast Asia, with an estimated cumulative annual growth rate of 8.6% from 2020-2026. In 2021, Vietnam imported close to 5 million cameras, second only to smartphone imports in terms of volume. Demand for cameras in the Vietnamese market will continue to grow rapidly in the coming years, especially as the government and enterprises are accelerating their digital transformation. However, over 90% of Vietnam’s camera market share is controlled by foreign brands, mainly from China.
Yoosee is very optimistic about the growth potential of the Vietnamese market, which is the reason why Yoosee, following the global epidemic, then switched to Vietnam to exhibit after organizing exhibitions in several cities in the country.
With the simple and atmospheric booth design, Yoosee gathered all kinds of smart camera products under the banner of Yoosee, which attracted professional customers to stop in front of the booth for consultation and negotiation and left a deep impression on the customers who participated in the exhibition.
Steady technical strength to open up the smart IoT security market in Southeast Asia
Yoosee is an innovative technology company dedicated to IoT video IoT solutions. Relying on AI, IoT technology, big data, and algorithms, the company has developed a series of visual security products such as smart cameras, smart doorbells, and smart floodlights. The company is a national high-tech enterprise, a Shenzhen high-tech enterprise, and a “double soft” enterprise. The company’s products are distributed all over the world, serving 209 countries and regions, and the company’s App (Yoosee App) has more than 80 million users.
Yoosee’s overseas business layout is steady, after careful and in-depth research of overseas markets, accurately grasping the economic growth of Southeast Asia’s “beat”, and selecting Vietnam, a close neighbor, as the first station of Yoosee’s overseas development, and then with the help of Yoosee’s deep plowing in the domestic smart camera for more than 10 years, with a complete set of complete IPC solutions and a deep and comprehensive IPC solution. With the advantage of Yoosee’s IPC solutions and profound AI machine vision technology, the company took the lead in setting up a “garrison” in Vietnam, expecting to open up the whole Southeast Asian market in this field through this support point and drive the radiation.
Now Yoosee Overseas Department is making breakthroughs in key areas according to its own market expansion plan. We believe that Yoosee not only has high-tech technology but also has an excellent team that dares to fight hard and specializes in overseas business; let’s wait and see!
