Market Overview: GCC Video Surveillance Market FY23-28
This reports provides an essential and dependable overview of the GCC Video Surveillance Market, serving as a guide for stakeholders navigating the industry's future trajectory. It covers critical aspects, guiding through challenges and opportunities, shedding light on the market landscape, key insights, driving forces, major competitors, regulatory framework, potential growth, ongoing trends, supply chain dynamics, evolving policies, segments and prominent players.
GCC Video Surveillance Market Report Coverage Details:
- Base Year: 2022
- Historical Data: 2018-21
- Forecast Period: 2023-2028
- CAGR: 6% (2023-2028)
The GCC Video Surveillance Market is projected to grow at a CAGR of around 6% during the forecast period, i.e., 2023-28.
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GCC Video Surveillance Market Driver:
Increasing Commercial Sector Development to Fuel the Market Growth
The governments in the UAE, Qatar, Saudi Arabia, Kuwait, etc., have been primarily focusing on the development of the commercial sector of the country intending to shift the base of its economy to the non-oil-based sector. The diversification plans are aimed at developing the non-oil economy sectors such as hospitality, retail, etc., to fulfill the needs of the population of their countries and to assure sustainable development even after the exhaustion of oil reserves. Therefore, the governments are investing and encouraging public-private partnerships for development in the sectors such as residential, commercial, and industrial.
Hence, ongoing construction projects such as Ain Dubai, The Royal Atlantis, Al Jahra, Riyadh, Doha, etc., have generated the demand for video surveillance cameras. Henceforth, with the upscaling of infrastructure projects, the sales of video surveillance components and solutions have been significantly rising in the region.
GCC Video Surveillance Market Segmentation Analysis - FY23-28
Discover a comprehensive evaluation of every segment and its subdivisions, allowing our clients to gain a deep understanding of the GCC Video Surveillance Market (2023-28). We prioritize uncovering the pivotal factors that presently drive and will shape the industry's growth moving forward. Our goal is to empower our esteemed clients by optimizing their end-user positioning and revenue generation through a thorough analysis of market size, share and all the latest market scope across diverse segmentation categories.
The GCC Video Surveillance Market segmentation is enlisted below:
By Component
- Camera
- By Type
- Analog Camera
- IP Camera
- Fixed Camera
- Pan/Tilt/Zoom(PTZ) Cameras
- Others (Thermal, Panoramic, etc.)
- By Resolution
- Standard Resolution
- Megapixel Network Camera
- High Definition Camera
- Monitor
- LCD
- LED
- Others
- Media
- Hard Disk Drive (HDD)
- Solid State Drives (SSD)
- Optical Storage Media
- Storage
- Storage Area Network
- Direct Attached Storage
- Network Video Recorder
- Network Attached Storage
- Digital Video Recorder
- Unified or Hybrid Storage
- Software
- Video Content Analytics
- Video Management Software
- Accessories
- Cables
- Encoders
- By Type
By Connectivity Type
- Wired
- Wireless
By Service
- Video Surveillance as a Service
- Managed Service
- Hosted Service
- Hybrid Service
By End Users
- Infrastructure
- Commercial
- Residential
- Industrial
- Institutional
By Country
- Saudi Arabia
- The UAE
- Qatar
- Kuwait
- Bahrain
- Oman
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GCC Video Surveillance Market Competitive Landscape
Axis Communication, Bosch Security Systems, Canon, Hangzhou Hikvision, Hanwha Techwin, Honeywell, Pelco, Huawei Technologies, Flir Systems, CP Plus, Cisco Systems, Zhejiang Dahua Technology, Panasonic Corporation, Others.
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Key Report Highlights
- Market Dimensions Projections
- Pricing Evaluation,
- Recent Strategic Moves by Companies,
- Primary Stakeholders,
- Analysis of Import and Export Trends,
- Competitive Landscape Assessment,
- Emerging Opportunities,
- Market Trends and Indicators
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