The 25th International exhibition of security and fire protection equipment and products
19-22 March 2019 • Moscow, Expocentre Fairgrounds, Pavilions 2, 8

January roundup: Russia's security market

News
Russia's security market continues to benefit from Moscow's revival - with continued investment into construction work and a rise in technology spending.

$123bn to be spent on building New Moscow
 

New Moscow is the biggest construction project in Russia – and it has the budget to match. Recent figures point to a huge overall investment by of $123 billion by 2035 to bring New Moscow to reality, with the project taking national spending priority.
 
Launched in 2012, New Moscow is a huge extension of Moscow’s boundaries, adding 148,000 hectares of space to the city’s official area. Much of this was on undeveloped land, so the next step was construction - lots of it. The latest figures show plans to build 89 million square metres of living space, a further 64 million square metres of office and commercial buildings, and over 1,200 km of roads. And there’s been progress in the past five years, too - 10% of the planned residential areas are already finished, as well as 12 parks, 70 km of roads, and enough commercial real estate to support 100,000 workers who now call New Moscow their workplace.
 
With so many workers and residents already coming into New Moscow, the security supply market is feeling the benefit - with fire protection, alarms and warning, and perimeter protection solutions in demand from both the residential and commercial side.
 

Russia’s IoT market reaches $1bn in 2017
 

It’s an area that is surging worldwide – Russia included. The Internet of Things market reached over a billion dollars in value in 2017, bringing with it demand for better protection of devices and facilities.
 
Carried out by Russian consulting agency J’son & Partners, the report highlighted a number of growth factors for the IoT and machine-to-machine communications market. Chief among them was increased demand for better solutions to monitor data processing facilities, to replace existing specialised hardware and software solutions. The report predicted further growth for the market to $1.5 billion in the coming years.
 
Data and advances in computer technology are a key demand driver for Russia’s security market - not only the systems themselves but the facilities needed to house them. Recent Russian data protection laws require all personal data submitted online by Russian citizens to be kept in datacentres within the country. This has led to a scramble to build facilities to meet the demand - and as the security of this data is paramount, spending on equipment and technology to protect and guard these facilities is vital. 
 
Want to get to know Russia’s security and fire protection market? Securika Moscow is the industry’s leading gathering, bringing suppliers, buyers, experts, installers and industry influencers together for four days of networking from 20 to 23 March. Apply to take part in Securika Moscow here.