Market Forecast By Surveillance Type (Analog & IP Surveillance), Software (Video Management Software, Video Analytics, and Others), By Components (Cameras (Analog and IP)), DVR/NVR, Encoders/Decoders, By Applications (Government & Transportation, Banking & Financial, Retail & Logistics, Industrial & Manufacturing, Commercial Offices, Residential, Hospitality & Healthcare, Educational Institutions) and Countries (Turkey, Saudi Arabia, UAE, Qatar, Kuwait, and Others)
Product Code: ETC000278 | Publication Date: Oct 2015 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 150 | No. of Figures: 85 | No. of Tables: 38 |
Middle-East video surveillance market has been divided into three segment markets i.e. IP/ Network Video Surveillance Systems (IP Cameras, NVR, and Encoder/ Decoder), Analog Video Surveillance Systems (Analog Cameras and DVR), and Video Surveillance Software (Video Management Software, Video Analytics, and Others)
According to 6Wresearch, the Middle East video surveillance market is projected to touch $1.8 billion by 2021. In the Middle-East video surveillance market, the IP video surveillance segment recorded aggressive growth over the analog video surveillance segment. The growing construction market, rising IT infrastructure, increasing security spending coupled with growing security concerns have driven the video surveillance market in the Middle East.
Amongst all the verticals, the government & transportation sector acquired the highest market revenues in the over video surveillance market in the Middle East. Over the next six years, verticals primarily, government & transportation, and commercial offices are anticipated to grow with a relatively higher CAGR from 2015 to 2021. Various verticals including government & transportation witnessed a major shift from analog to IP video surveillance and would continue to grow over the next six years.
The report thoroughly covers the video surveillance market by types, components, verticals, and countries. The report provides an unbiased and detailed analysis of the on-going trends, opportunities/ high growth areas, market drivers which would help the stakeholders to decide and align their market strategies according to the current and future market dynamics.
The Middle east video surveillance market is projected to gain momentum in the coming years backed by the increased safety and security need. In the country, Saudi Arabia's video surveillance market is estimated to accumulate high sales revenues in the market owing to rising installation in house buildings and in parking areas as well to maintain security. And the growing expansion of the corporate sector in the country with the increasing business perspective population hence the scope for the product application has been widening and is estimated to leave a positive impact on the Saudi Arabia video surveillance market as a result is estimated to Bolster the growth of the Saudi Arabia video surveillance market.
Key Highlights of the Report
• Historical data of Global Video Surveillance Market for the Period 2010-2014
• Market Size & Forecast of Global Video Surveillance Market until 2021
• Historical data of Middle-East Video Surveillance Market Revenues & Volume for the Period 2010-2014
• Market Size & Forecast of Middle-East Video Surveillance Market Revenues & Volume until 2021
• Market Revenue Share & Forecast of Middle-East Video Surveillance Market, By Type 2014 & 2021
• Historical data, Market Size & Forecast of Turkey Video Surveillance Market Revenues & VolumeÂ
  for the Period 2010-2021
• Market Size & Forecast of Turkey Video Surveillance Market Revenues, By Type until 2021
• Market Revenue Share & Forecast of Turkey Video Surveillance Market, By Component and Verticals 2014 & 2021
• Market Size & Forecast of Turkey Video Surveillance Vertical Market Revenues until 2021
• Historical data, Market Size & Forecast of Saudi Arabia Video Surveillance Market Revenues & VolumeÂ
  for the Period 2010-2021
• Market Size & Forecast of Saudi Arabia Video Surveillance Market Revenues, By Type until 2021
• Market Revenue Share & Forecast of Saudi Arabia Video Surveillance Market, By Component andÂ
  Verticals 2014 & 2021
• Market Size & Forecast of Saudi Arabia Video Surveillance Vertical Market Revenues until 2021
• Historical data, Market Size & Forecast of UAE Video Surveillance Market Revenues & Volume for theÂ
  Period 2010-2021
• Market Size & Forecast of UAE Video Surveillance Market Revenues, By Type until 2021
• Market Revenue Share & Forecast of UAE Video Surveillance Market, By Component and Verticals 2014 & 2021
• Market Size & Forecast of UAE Video Surveillance Vertical Market Revenues until 2021
• Historical data, Market Size & Forecast of Qatar Video Surveillance Market Revenues & Volume for theÂ
  Period 2010-2021
• Market Size & Forecast of Qatar Video Surveillance Market Revenues, By Type until 2021
• Market Revenue Share & Forecast of Qatar Video Surveillance Market, By Component and Verticals 2014 & 2021
• Market Size & Forecast of Qatar Video Surveillance Vertical Market Revenues until 2021
• Historical data, Market Size & Forecast of Kuwait Video Surveillance Market Revenues & Volume for theÂ
  Period 2010-2021
• Market Size & Forecast of Kuwait Video Surveillance Market Revenues, By Type until 2021
• Market Revenue Share & Forecast of Kuwait Video Surveillance Market, By Component and Verticals 2014 & 2021
• Market Size & Forecast of Kuwait Video Surveillance Vertical Market Revenues until 2021
• Historical data, Market Size & Forecast of Other Middle-Eastern Countries' Video Surveillance MarketÂ
  Revenues & Volume for the Period 2010-2021
• Market Revenue Share & Forecast of Other Middle-Eastern Countries' Video SurveillanceÂ
  Market, By Type 2014 & 2021
• Market Size & Forecast of Other Middle-Eastern Countries' Video Surveillance Vertical Market Revenues until 2021
• Market Size & Forecast of Middle-East Video Surveillance Vertical Market Revenues until 2021
• Market Trends
• Players Market Share
• Competitive Benchmarking
• Company ProfilesÂ
• Key Strategic Pointers
Markets Covered
The report provides a detailed analysis of the following market segments:
• Video Surveillance Type
    o Analog Video Surveillance
    o IP/ Network Video Surveillance
    o Video Surveillance Software
• Applications
    o Banking & Financial
    o Government & Transportation
    o Retail & Logistics
    o Commercial Offices
    o Industrial & Manufacturing
    o Residential
    o Hospitality & Healthcare
    o Educational Institutions
• Countries
    o Turkey
    o Saudi Arabia
    o UAE
    o Qatar
    o Kuwait
    o Others
TABLE OF CONTENTS
1 Executive Summary
2 Introduction
    2.1 Key Highlights of the Report
    2.2 Report Description
    2.3 Market Scope & Segmentation
    2.4 Assumptions & Methodology
3 Global Video Surveillance Market Overview
    3.1 Global Video Surveillance Market Revenues (2010-2021)
    3.2 Global Video Surveillance Market Volume (2010-2021)
    3.3 Global Video Surveillance Market Revenue Share, By Region (2014)
4 Middle-East Video Surveillance Market Overview
    4.1 Middle-East Video Surveillance Market Revenues (2010-2021)
    4.2 Middle-East Video Surveillance Market Volume (2010-2021)
    4.3 Middle-East Video Surveillance Industry Life Cycle
    4.4 Middle-East Video Surveillance Market Opportunistic Matrix
    4.5 Middle-East Video Surveillance Market Porter's Five Forces Analysis
    4.6 Middle-East Video Surveillance Market Revenue Share, By Type (2014 & 2021)
    4.7 Middle-East Video Surveillance Market Revenue Share, By Vertical (2014 & 2021)
    4.8 Middle-East Video Surveillance Market Revenue Share, By Countries (2014 & 2021)
5 Middle-East Video Surveillance Market Dynamics
    5.1 Market Dynamics - Impact Analysis
          5.1.1 Growing Construction Market
          5.1.2 Increase in Crude Oil Production
          5.1.3 Rising Security Concerns
    5.2 Restraints
          5.2.1 Higher Installation Cost
          5.2.2 Complexity of Data Interpretation
6 Middle-East Video Surveillance Market Trends
    6.1 Growing VSaaS Market in Middle-East
    6.2 Increasing Penetration of PTZ HD Cameras
    6.3 Increasing Penetration of Wireless Surveillance Systems
7 Turkey Video Surveillance Market Overview
    7.1 Turkey Video Surveillance Market Revenues (2010-2021)
          7.1.1 Tukey Video Surveillance Market Revenues, By Type (2010-2021)
          7.1.2 Turkey Video Surveillance Market Revenue Share, By Component (2014 & 2021)
    7.2 Turkey Video Surveillance Market Volume (2010-2021)
    7.3 Tukey Video Surveillance Market Revenue Share, By Vertical (2014 & 2021)
          7.3.1 Tukey Video Surveillance Market Revenues, By Vertical (2010-2021)
8 Saudi Arabia Video Surveillance Market Overview
    8.1 Saudi Arabia Video Surveillance Market Revenues (2010-2021)
          8.1.1 Saudi Arabia Video Surveillance Market Revenues, By Type (2010-2021)
          8.1.2 Saudi Arabia Video Surveillance Market Revenue Share, By Component (2014 & 2021)
    8.2 Saudi Arabia Video Surveillance Market Volume (2010-2021)
    8.3 Saudi Arabia Video Surveillance Market Revenue Share, By Vertical (2014 & 2021)
          8.3.1 Saudi Arabia Video Surveillance Market Revenues, By Vertical (2010-2021)
9 UAE Video Surveillance Market Overview
    9.1 UAE Video Surveillance Market Revenues (2010-2021)
          9.1.1 UAE Video Surveillance Market Revenues, By Type (2010-2021)
          9.1.2 UAE Video Surveillance Market Revenue Share, By Component (2014 & 2021)
    9.2 UAE Video Surveillance Market Volume (2010-2021)
    9.3 UAE Video Surveillance Market Revenue Share, By Vertical (2014 & 2021)
          9.3.1 UAE Video Surveillance Market Revenues, By Vertical (2010-2021)
10 Qatar Video Surveillance Market Overview
    10.1 Qatar Video Surveillance Market Revenues (2010-2021)
          10.1.1 Qatar Video Surveillance Market Revenues, By Type (2010-2021)
          10.1.2 Qatar Video Surveillance Market Revenue Share, By Component (2014 & 2021)
    10.2 Qatar Video Surveillance Market Volume (2010-2021)
    10.3 Qatar Video Surveillance Market Revenue Share, By Vertical (2014 & 2021)
          10.3.1 Qatar Video Surveillance Market Revenues, By Vertical (2010-2021)
11 Kuwait Video Surveillance Market Overview
    11.1 Kuwait Video Surveillance Market Revenues (2010-2021)
          11.1.1 Kuwait Video Surveillance Market Revenues, By Type (2010-2021)
          11.1.2 Kuwait Video Surveillance Market Revenue Share, By Component (2014 & 2021)
    11.2 Kuwait Video Surveillance Market Volume (2010-2021)
    11.3 Kuwait Video Surveillance Market Revenue Share, By Vertical (2014 & 2021)
          11.3.1 Kuwait Video Surveillance Market Revenues, By Vertical (2010-2021)
12 Other Middle-Eastern Countries' Video Surveillance Market Overview
    12.1 Other Middle-Eastern Countries' Video Surveillance Market Revenues (2010-2021)
          12.1.1 Other Middle-Eastern Countries' Video Surveillance Market Revenue Share, By Type (2010 & 2021)
    12.2 Other Middle-Eastern Countries' Video Surveillance Market Volume (2010-2021)
    12.4 Other Middle-Eastern Countries' Video Surveillance Market Revenue Share, By Vertical (2014 & 2021F)
          12.4.1 Other Middle-Eastern Countries' Video Surveillance Market Revenues, By Vertical (2010-2021F)
13 Middle-East Video Surveillance Vertical Market Overview
    13.1 Middle-East Banking & Financial Video Surveillance Market Revenues
    13.2 Middle-East Government & Transportation Video Surveillance Market Revenues
    13.3 Middle-East Retail & Logistics Video Surveillance Market Revenues
    13.4 Middle-East Commercial Offices Video Surveillance Market Revenues
    13.5 Middle-East Industrial & Manufacturing Video Surveillance Market Revenues
    13.6 Middle-East Residential Video Surveillance Market Revenues
    13.7 Middle-East Hospitality & Healthcare Video Surveillance Market Revenues
    13.8 Middle-East Educational Institutions Video Surveillance Market Revenues
14 Competitive Landscape
    14.1 Middle-East Video Surveillance Market Revenue Share, By Company
    14.2 Competitive Benchmarking, By Technology and Operating Parameters
15 Company Profiles
    15.1 Arecont Vision, LLC
    15.2 Avigilon Corporation
    15.3 Axis Communications AB
    15.4 Bosch Security Systems, Inc.
    15.5 FLIR Systems Inc.
    15.6 Hangzhou Hikvision Digital Technology Co. Ltd.
    15.7 Honeywell International Inc.
    15.8 IndigoVision Plc.
    15.9 Milestone Systems A/S
    15.10 Panasonic Corp.
    15.11 Pelco by Schneider Electric
    15.12 Samsung Techwin Co. Ltd.
16 Key Strategic Pointers
17 Disclaimer
List of Figure
Figure 1 Global Video Surveillance Market Revenues, 2010-2014 ($ Billion)
Figure 2 Global Video Surveillance Market Revenues, 2015E-2021F ($ Billion)
Figure 3 Global Video Surveillance Market Volume, 2010-2021F (Million Units)
Figure 4 Global Video Surveillance Market Revenue Share, By Region (2014)
Figure 5 Middle-East Video Surveillance Market Revenues, 2010-2014 ($ Billion)
Figure 6 Middle-East Video Surveillance Market Revenues, 2015E-2021F ($ Billion)
Figure 7 Middle-East Retail Vertical Market Revenues, 2010-2021F ($ Billion)
Figure 8 Middle-East Video Surveillance Market Volume, 2010-2014 (Million Units)
Figure 9 Middle-East Video Surveillance Market Volume, 2015E-2021F (Million Units)
Figure 10 Middle-East Video Surveillance Industry Life Cycle
Figure 11 Middle-East Video Surveillance Market Revenue Share, By Type (2014)
Figure 12 Middle-East Video Surveillance Market Revenue Share, By Type (2021F)
Figure 13 Top 3 Middle-Eastern Countries' IT Spending, By Growth Rate, 2010-2021F
Figure 14 Middle-East Video Surveillance Vertical Market Revenue Share (2014)
Figure 15 Middle-East Video Surveillance Vertical Market Revenue Share (2021F)
Figure 16 Middle-East Video Surveillance Market Revenue Share, By Country (2014 & 2021F)
Figure 17 Total Value of Middle-East Construction Projects, By Countries, 2014 ($ Billion)
Figure 18 Middle-East Crude Oil Production, 2014 (Million Barrel/ Day)
Figure 19 Turkey Video Surveillance Market Revenues, 2010-2014 ($ Million)
Figure 20 Turkey Video Surveillance Market Revenues, 2015E-2021F ($ Million)
Figure 21 Turkey Video Surveillance Market Revenue Share, By Component (2014)
Figure 22 Turkey Video Surveillance Market Revenue Share, By Component (2021F)
Figure 23 Turkey Video Surveillance Market Volume, 2010-2014 (Million Units)
Figure 24 Turkey Video Surveillance Market Volume, 2015E-2021F (Million Units)
Figure 25 Turkey Video Surveillance Market Revenue Share, By Vertical (2014)
Figure 26 Turkey Video Surveillance Market Revenue Share, By Vertical (2021F)
Figure 27 Saudi Arabia Video Surveillance Market Revenues, 2010-2014 ($ Million)
Figure 28 Saudi Arabia Video Surveillance Market Revenues, 2015E-2021F ($ Million)
Figure 29 Saudi Arabia Video Surveillance Market Revenue Share, By Component (2014)
Figure 30 Saudi Arabia Video Surveillance Market Revenue Share, By Component (2021F)
Figure 31 Saudi Arabia Video Surveillance Market Volume, 2010-2014 (Thousand Units)
Figure 32 Saudi Arabia Video Surveillance Market Volume, 2015E-2021F (Thousand Units)
Figure 33 Saudi Arabia Video Surveillance Market Revenue Share, By Type (2014)
Figure 34 Saudi Arabia Video Surveillance Market Revenue Share, By Type (2021F)
Figure 35 UAE Video Surveillance Market Revenues, 2010-2014 ($ Million)
Figure 36 UAE Video Surveillance Market Revenues, 2015E-2021F ($ Million)
Figure 37 UAE Construction Market, 2013- 2021 ($ Billion)
Figure 38 UAE Video Surveillance Market Revenue Share, By Component (2014)
Figure 39 UAE Video Surveillance Market Revenue Share, By Component (2021F)
Figure 40 UAE Video Surveillance Market Volume, 2010-2014 (Thousand Units)
Figure 41 UAE Video Surveillance Market Volume, 2015E-2021F (Thousand Units)
Figure 42 UAE Video Surveillance Market Revenue Share, By Type (2014)
Figure 43 UAE Video Surveillance Market Revenue Share, By Type (2021F)
Figure 44 Qatar Video Surveillance Market Revenues, 2010-2014 ($ Million)
Figure 45 Qatar Video Surveillance Market Revenues, 2015E-2021F ($ Million)
Figure 46 Qatar Video Surveillance Market Revenue Share, By Component (2014)
Figure 47 Qatar Video Surveillance Market Revenue Share, By Component (2021F)
Figure 48 Qatar Video Surveillance Market Volume, 2010-2014 (Thousand Units)
Figure 49 Qatar Video Surveillance Market Volume, 2015E-2021F (Thousand Units)
Figure 50 Qatar Video Surveillance Market Revenue Share, By Vertical (2014)
Figure 51 Qatar Video Surveillance Market Revenue Share, By Vertical (2021F)
Figure 52 Kuwait Video Surveillance Market Revenues, 2010-2014 ($ Million)
Figure 53 Kuwait Video Surveillance Market Revenues, 2015E-2021F ($ Million)
Figure 54 Kuwait Video Surveillance Market Revenue Share, By Component (2014)
Figure 55 Kuwait Video Surveillance Market Revenue Share, By Component (2021F)
Figure 56 Kuwait Video Surveillance Market Volume, 2010-2014 (Thousand Units)
Figure 57 Kuwait Video Surveillance Market Volume, 2015E-2021F (Thousand Units)
Figure 58 Kuwait Video Surveillance Market Revenue Share, By Vertical (2014)
Figure 59 Kuwait Video Surveillance Market Revenue Share, By Vertical (2021F)
Figure 60 Other Middle-Eastern Countries' Video Surveillance Market Revenues, 2010-2014 ($ Million)
Figure 61 Other Middle-Eastern Countries' Video Surveillance Market Revenues, 2015E-2021F ($ Million)
Figure 62 Other Middle-Eastern Countries' Video Surveillance Market Revenue Share, By Type (2014)
Figure 63 Other Middle-Eastern Countries' Video Surveillance Market Revenue Share, By Type (2021F)
Figure 64 Other Middle-Eastern Countries' Video Surveillance Market Volume, 2010-2014 (Thousand Units)
Figure 65 Other Middle-Eastern Countries' Video Surveillance Market Volume, 2015E-2021F (Thousand Units)
Figure 66 Other Middle-Eastern Countries' Video Surveillance Market Revenue Share, By Vertical (2014)
Figure 67 Other Middle-Eastern Countries' Video Surveillance Market Revenue Share, By Vertical (2021F)
Figure 68 Middle-East Banking & Financial Video Surveillance Market Revenues, 2010-2014 ($ Million)
Figure 69 Middle-East Banking & Financial Video Surveillance Market Revenues, 2015E-2021F ($ Million)
Figure 70 Middle-East Government & Transportation Video Surveillance Market Revenues, 2010-2014 ($ Million)
Figure 71 Middle-East Government & Transportation Electronic Security Market Revenues, 2015E-2021F ($ Million)
Figure 72 Middle-East Retail & Logistics Video Surveillance Market Revenues, 2010-2014 ($ Million)
Figure 73 Middle-East Retail & Logistics Video Surveillance Market Revenues, 2015E-2021F ($ Million)
Figure 74 Middle-East Commercial Offices Video Surveillance Market Revenues, 2010-2014 ($ Million)
Figure 75 Middle-East Commercial Offices Video Surveillance Market Revenues, 2015E-2021F ($ Million)
Figure 76 Middle-East Industrial & Manufacturing Video Surveillance Market Revenues, 2010-2014 ($ Million)
Figure 77 Middle-East Industrial & Manufacturing Video Surveillance Market Revenues, 2015E-2021F ($ Million)
Figure 78 Middle-East Residential Video Surveillance Market Revenues, 2010-2014 ($ Million)
Figure 79 Middle-East Residential Video Surveillance Market Revenues, 2015E-2021F ($ Million)
Figure 80 Middle-East Hospitality & Healthcare Video Surveillance Market Revenues, 2010-2014 ($ Million)
Figure 81 Middle-East Hospitality & Healthcare Video Surveillance Market Revenues, 2015E-2021F ($ Million)
Figure 82 Middle-East Hospitality Vertical Market Revenues, 2010-2021F ($ Billion)
Figure 83 Middle-East Educational Institutions Video Surveillance Market Revenues, 2010-2014 ($ Million)
Figure 84 Middle-East Educational Video Surveillance Security Market Revenues, 2015E-2021F ($ Million)
Figure 85 Middle-East Video Surveillance Market Revenue Share, By Company (2014)
List of Table
Table 1 Top 3 Middle-Eastern Countries' IT Spending, 2010-2021F ($ Billion)
Table 2 Turkey Construction Output, 2010-21F ($ Billion)
Table 3 Turkey Video Surveillance Market Revenues, By Type 2010-2014 ($ Million)
Table 4 Turkey Video Surveillance Market Revenues, By Type 2015E-2021F ($ Million)
Table 5 Turkey Video Surveillance Market Revenues, By Vertical, 2010-2014 ($ Million)
Table 6 Turkey Video Surveillance Market Revenues, By Vertical, 2015E-2021F ($ Million)
Table 7 Saudi Arabia Video Surveillance Market Revenues, By Type 2010-2014 ($ Million)
Table 8 Saudi Arabia Video Surveillance Market Revenues, By Type 2015E-2021F ($ Million)
Table 9 Saudi Arabia Major Construction Activities
Table 10 Saudi Arabia Video Surveillance Market Revenues, By Vertical, 2010-2014 ($ Million)
Table 11 Saudi Arabia Video Surveillance Market Revenues, By Vertical, 2015E-2021F ($ Million)
Table 12 UAE Video Surveillance Market Revenues, By Type 2010-2014 ($ Million)
Table 13 UAE Video Surveillance Market Revenues, By Type 2015E-2021F ($ Million)
Table 14 UAE Video Surveillance Market Revenues, By Vertical, 2010-2014 ($ Million)
Table 15 UAE Video Surveillance Market Revenues, By Vertical, 2015E-2021F ($ Million)
Table 16 Qatar Major Construction Projects
Table 17 Qatar Video Surveillance Market Revenues, By Type 2010-2014 ($ Million)
Table 18 Qatar Video Surveillance Market Revenues, By Type 2015E-2021F ($ Million)
Table 19 Qatar Video Surveillance Market Revenues, By Vertical, 2010-2014 ($ Million)
Table 20 Qatar Video Surveillance Market Revenues, By Vertical, 2015E-2021F ($ Million)
Table 21 Kuwait Construction Projects Value, By Vertical ($ Billion)
Table 22 Kuwait List of Under Construction and Completed Residential Projects
Table 23 Kuwait Video Surveillance Market Revenues, By Type 2010-2014 ($ Million)
Table 24 Kuwait Video Surveillance Market Revenues, By Type 2015E-2021F ($ Million)
Table 25 Kuwait Video Surveillance Market Revenues, By Vertical, 2010-2014 ($ Million)
Table 26 Kuwait Video Surveillance Market Revenues, By Vertical, 2015E-2021F ($ Million)
Table 27 Other Middle-Eastern Countries' Video Surveillance Market Revenues, By Vertical, 2010-2014 ($ Million)
Table 28 Other Middle-Eastern Countries' Video Surveillance Market Revenues, By Vertical, 2015E-2021F ($ Million)
Table 29 Middle-East Video Surveillance Market Revenue Share of Top 3 Players, 2014 ($ Million)
Table 30 Axis Communications AB Financial Statement, 2011-2014 ($ Million)
Table 31 Robert Bosch Financial Statement, 2012-2014 ($ Billion)
Table 32 FLIR Systems Inc. Financial Statement, 2011-2014 ($ Million)
Table 33 Hangzhou Hikvision Digital Co. Ltd Financial Statement, 2011-2014 ($ Million)
Table 34 Honeywell International Inc. Financial Statement, 2011-2014 ($ Billion)
Table 35 Indigovision Group Plc. Financial Statement, 2011-2014 ($ Million)
Table 36 Panasonic Corporation Financial Statement, 2011-2014 ($ Billion)
Table 37 Schneider Electric SA Financial Statement, 2011-2014 ($ Billion)
Table 38 Samsung Techwin Co. Ltd. Financial Statement, 2011-2014 ($ Billion)
Middle-East is one of the fastest growing regions for electronic security systems market, wherein video surveillance segment generated majority of the market demand. Middle-East video surveillance market is primarily driven on account of growing constructions market, increased foreign investments, along with rising security concerns, predominantly terrorist threats, security spending and international events. Amongst Middle-Eastern countries, Turkey held majority of the market share, followed by Saudi Arabia, UAE and others. Middle-East video surveillance market is exhibiting growing demand for IP/ Network video surveillance systems, where analog video surveillance systems being on the declining phase.
Middle-East significantly witnessing emerging demand for IP video surveillance systems in government & transportation and commercial offices vertical. Additionally, the market is witnessing growing trend on video analytics software and Pan-Tilt-Zoom (PTZ) IP cameras. In the forecast period, upcoming events such as World Expo 2020 and Football World Cup 2022, would create huge demand for video surveillance systems.