Saudi Arabia Electronic Security Market-6Wresearch
Infrastructure development in Saudi Arabia is accelerating at a rapid pace on account of government initiatives for economic diversification. However, with infrastructure development, country is also facing serious threats from the rising terrorism in the Middle East region. Electronic security market in the country is expected to witness significant growth owing to growing security concerns due to terrorist attacks, increasing security & IT spending, surging public & private infrastructures and need for advanced security systems.
According to 6Wresearch, Saudi Arabia Electronic Security market is forecast to grow at CAGR of 14.4% during 2015-21. Electronic security systems such as video surveillance, access control and intrusion detection are installed at all major areas such as airports, metros, malls, manufacturing plants, banks, oil & gas, commercial offices and residential apartments to provide more secure and safer environment.
According to “Prijo Samuel, Senior Research Analyst, Research and Consulting, 6Wresearch,” Video surveillance systems have captured majority of the share in Saudi Arabia’s electronic security market and is anticipated to grow at significant pace during the forecast period.
“Additionally, access control, video surveillance and intrusion detection systems are integrated together to provide enhanced security, reduce possible intrusion and to improve the level of security.” Samuel further added.
According to “Ravi Bhandari, Research Associate, Research and Consulting, 6Wresearch,” Video surveillance systems would remain the largest segment in overall electronic security market in Saudi Arabia. IP based video surveillance systems holds the key share in overall video surveillance market and is forecast to remain dominant segment during 2015-21.
Access control systems accounts for second largest revenue share in Saudi Arabia’s electronic security market. In the overall access control market, card based access control systems contributes majority of the market revenue. However, share of card based access control system is exhibited to decline due to expected adoption of biometric systems.
Some of the major companies in Saudi Arabia’s electronic security market include- Axis Communications, Lenel Systems, Honeywell, Bosch Security Systems, Siemens, Pelco, Samsung Techwin, Tyco, Hikvision, Arecont Vision and Avigilon.
“Saudi Arabia Electronic Security Market (2015-2021)” provides in-depth analysis with 50 figures and 22 tables covered in more than 120 pages. The report estimates and forecast overall Saudi Arabia electronic security market by revenue, types of electronic security systems and verticals such as banking & financial, government & transportation, commercial offices, retail & logistics, industrial & manufacturing, residential, hospitality & healthcare and educational institutions. The report also gives the insights on competitive landscape, market share by companies, companies benchmarking, company profiles, market drivers and restraints.
Source Link: http://www.6wresearch.com/press-releases/saudi-arabia-electronic-security-market-video-surveillance-systems-middle-east.html
For Further details, please contact:
Email Us: email@example.com
Call Now: +91-11-430-24-305
With over 1000 custom research projects, 6Wresearch is a global market research and consulting firm specializes in niche and emerging markets.The Company over the past few years has developed itself to be a renowned market intelligence company which led strong emphasis on competitive and strategic intelligence.
6Wresearch, through its integrated survey model, offers its client real time market and competitive intelligence and thus enable our clients to devise market entry strategies to target particular market and geography.
809, 8th Floor, Pearls Best Heights - II
Netaji Subhash Place, Pitampura
New Delhi, India-110034
This release was published on openPR.
Permanent link to this press release:
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Saudi Arabia Electronic Security Market-6Wresearch here
News-ID: 419413 • Views: 655
More Releases from 6Wresearch- Market Intelligence Solutions
India Agriculture Equipment Market (2019-2025)
Market Forecast By Products (Tractors ( Up To 30 HP, 30.1 HP- 70 HP, 70.1 HP- 130 HP & 130.1 HP- 200 HP), Harvesters (Up To 30 HP, 30.1 HP- 70 HP, 70.1 HP- 130 HP & 130.1 HP- 200 HP), Threshers (Up To 30 HP & 30.1 HP- 70 HP), Pumps (Up To 30 HP, 30.1 HP- 70 HP, 70.1 HP- 130 HP, 130.1 HP- 200 HP & Above
Commercial Application To Drive The Growth Of UPS Systems In Vietnam - 6Wresearc …
UPS systems are witnessing mounting adoption by different end-user applications ranging from residential households, small commercial offices to large industrial enterprises. Moreover, factors such as inflow of FDI in industrial and manufacturing segments, growing power demand and increasing infrastructure projects in Vietnam have further fueled the demand for UPS systems in the country. According to 6Wresearch, Vietnam UPS Systems Market Revenues are projected to grow at a CAGR of 4.7% during
India Building Automation and Control Market (2017-23)
Market Forecast by Types (HVAC (Thermostat Controller, Zone & Climate Control, Temperature Sensor and Others), Lighting & Control System (Relay System & Controllable Breaker, Sensors & Dimming Systems and Others), Safety & Security System (Video Surveillance Systems, Access Control Systems, Intrusion Detection Systems and Fire & Safety Equipment) and Others), Verticals (Government & Transportation, Retail, Commercial Offices, Residential, Healthcare & Hospitality and Others), Regions (Northern, Eastern, Western and Southern) and
India Dishwasher Market (2018-2024)
Market Forecast By Type (Free-Standing and Built-in), By Applications (Residential and Commercial), By Distribution Channels (Multi Branded Stores, Exclusive Stores and Others), By Regions (Northern, Eastern, Western and Southern) and Competitive Landscape. India dishwasher market is exhibiting a steady growth within the country. Currently, the market is categorized as a niche segment, however, with growing product awareness amongst consumers, the market is anticipated to gain acceleration over the coming years. Increasing
More Releases for Saudi
Saudi Arabia Agriculture Market, Saudi Arabia Agriculture Industry, Saudi Arabia …
Saudi Arabia Agriculture is focussed on the spread of dates, dairy farm merchandise, eggs, fish, poultry, vegetables, and flowers to markets round the creation because it has attained its own potency within the production of such merchandise. The private sector additionally plays a role within the nation's agriculture, because the government offers long-term interest-free loans and inexpensive water, fuel, electricity, and duty-free imports of raw materials and machinery. Over the past
Saudi Arabia Infrastructure Research Report
The report provides a detailed analysis of the Infrastructure sector in Saudi Arabia, including the state of current infrastructure, the regulatory and financing landscapes, forecast spending across all key sectors and the major projects in the construction pipeline. Request A Free Sample Report- http://www.marketresearchhub.com/enquiry.php?type=S&repid=1311098 The report covers all key infrastructure sectors: roads, railways, electricity and power, water and sewerage, communication, and airports and ports. Summary With a young and growing population, together with rapid
Saudi Arabia Radio LIve
Saudi Arabia Live Radio is created for the sake of our contemporary users to accommodate their demands and expectations. This innovative application is full of comprehensive Radio Stations, which are renewed and extended from time to time by the sophisticated professionals. The following app is absolutely free of charge and provides you with an exclusive opportunity to listen to your favorite music and newsworthy programs, as well as news from
Saudi Privatization Summit 2016 – “Unlocking the hidden potential of Saudi A …
The current oil catastrophe and economic stress is compelling Saudi Arabia to transform and is set to create the World's biggest and Middle East’s strongest Sovereign Wealth Fund by welcoming International investments and privatizing state-owned companies. The Kingdom envisions to increase non-oil revenue to USD 120 Billion per year, by 2020 and a six-fold growth to USD 266 Billion per year by 2030. Diversifying traditionally-oil based economies and reducing the
Booming Education Sector in Saudi Arabia
According to a new research report by RNCOS, “Saudi Arabia Education Forecast to 2016”, Saudi Arabia is presently regarded as the most lucrative market for education services in the GCC. The report revealed that, the improving infrastructure and increasing government support are contributing to the growth of education sector in the Kingdom. Moreover, during our analysis, it was found that rapidly increasing demand for skilled personnel across various industry verticals
Saudi Arabia Education Forecast to 2016
RNCOS has recently added a new Market Research Report titled, “Saudi Arabia Education Forecast to 2016” to its report gallery. Saudi Arabia, the most populated country in the Gulf Cooperation Council (GCC), represents the largest education industry in the region. With majority of the Kingdom’s population below the age of 25, the country’s education sector holds immense growth potential. According to our latest research report “Saudi Arabia Education Forecast to