| Product Code: ETC6688171 | Publication Date: Sep 2024 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Dhaval Chaurasia | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
In 2024, Cape Verde continued to rely on key suppliers like Portugal, China, Spain, UAE, and Italy for security equipment imports. Despite a moderate CAGR of 0.95% from 2020-24, the market saw a significant growth spike of 35.78% in 2024. The high Herfindahl-Hirschman Index (HHI) indicates a concentrated market, suggesting a strong presence of these top exporting countries. This trend underscores the importance of strategic partnerships and trade relationships in meeting Cape Verde`s security equipment needs.

1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Cape Verde Security Equipment Market Overview |
3.1 Cape Verde Country Macro Economic Indicators |
3.2 Cape Verde Security Equipment Market Revenues & Volume, 2021 & 2031F |
3.3 Cape Verde Security Equipment Market - Industry Life Cycle |
3.4 Cape Verde Security Equipment Market - Porter's Five Forces |
3.5 Cape Verde Security Equipment Market Revenues & Volume Share, By Product Type, 2021 & 2031F |
3.6 Cape Verde Security Equipment Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.7 Cape Verde Security Equipment Market Revenues & Volume Share, By Technology, 2021 & 2031F |
3.8 Cape Verde Security Equipment Market Revenues & Volume Share, By End Users, 2021 & 2031F |
4 Cape Verde Security Equipment Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing awareness and concern about security threats in Cape Verde |
4.2.2 Government initiatives to enhance security infrastructure and combat crime |
4.2.3 Growth in tourism industry leading to higher demand for security equipment |
4.3 Market Restraints |
4.3.1 High initial investment cost for security equipment |
4.3.2 Limited technological expertise and resources in Cape Verde |
4.3.3 Lack of standardized regulations and policies for security equipment usage |
5 Cape Verde Security Equipment Market Trends |
6 Cape Verde Security Equipment Market, By Types |
6.1 Cape Verde Security Equipment Market, By Product Type |
6.1.1 Overview and Analysis |
6.1.2 Cape Verde Security Equipment Market Revenues & Volume, By Product Type, 2021- 2031F |
6.1.3 Cape Verde Security Equipment Market Revenues & Volume, By Surveillance Systems, 2021- 2031F |
6.1.4 Cape Verde Security Equipment Market Revenues & Volume, By Access Control Systems, 2021- 2031F |
6.1.5 Cape Verde Security Equipment Market Revenues & Volume, By Intrusion Detection Systems, 2021- 2031F |
6.1.6 Cape Verde Security Equipment Market Revenues & Volume, By Fire Protection Systems, 2021- 2031F |
6.1.7 Cape Verde Security Equipment Market Revenues & Volume, By Others, 2021- 2031F |
6.2 Cape Verde Security Equipment Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Cape Verde Security Equipment Market Revenues & Volume, By Indoor Security, 2021- 2031F |
6.2.3 Cape Verde Security Equipment Market Revenues & Volume, By Outdoor Security, 2021- 2031F |
6.2.4 Cape Verde Security Equipment Market Revenues & Volume, By Perimeter Security, 2021- 2031F |
6.2.5 Cape Verde Security Equipment Market Revenues & Volume, By Vehicle Security, 2021- 2031F |
6.2.6 Cape Verde Security Equipment Market Revenues & Volume, By Personal Security, 2021- 2031F |
6.3 Cape Verde Security Equipment Market, By Technology |
6.3.1 Overview and Analysis |
6.3.2 Cape Verde Security Equipment Market Revenues & Volume, By Wired, 2021- 2031F |
6.3.3 Cape Verde Security Equipment Market Revenues & Volume, By Wireless, 2021- 2031F |
6.3.4 Cape Verde Security Equipment Market Revenues & Volume, By Hybrid, 2021- 2031F |
6.4 Cape Verde Security Equipment Market, By End Users |
6.4.1 Overview and Analysis |
6.4.2 Cape Verde Security Equipment Market Revenues & Volume, By Residential, 2021- 2031F |
6.4.3 Cape Verde Security Equipment Market Revenues & Volume, By Commercial, 2021- 2031F |
6.4.4 Cape Verde Security Equipment Market Revenues & Volume, By Industrial, 2021- 2031F |
6.4.5 Cape Verde Security Equipment Market Revenues & Volume, By Others, 2021- 2031F |
7 Cape Verde Security Equipment Market Import-Export Trade Statistics |
7.1 Cape Verde Security Equipment Market Export to Major Countries |
7.2 Cape Verde Security Equipment Market Imports from Major Countries |
8 Cape Verde Security Equipment Market Key Performance Indicators |
8.1 Number of reported security incidents in Cape Verde |
8.2 Percentage of government budget allocated to security infrastructure |
8.3 Adoption rate of advanced security technologies in key industries |
9 Cape Verde Security Equipment Market - Opportunity Assessment |
9.1 Cape Verde Security Equipment Market Opportunity Assessment, By Product Type, 2021 & 2031F |
9.2 Cape Verde Security Equipment Market Opportunity Assessment, By Application, 2021 & 2031F |
9.3 Cape Verde Security Equipment Market Opportunity Assessment, By Technology, 2021 & 2031F |
9.4 Cape Verde Security Equipment Market Opportunity Assessment, By End Users, 2021 & 2031F |
10 Cape Verde Security Equipment Market - Competitive Landscape |
10.1 Cape Verde Security Equipment Market Revenue Share, By Companies, 2024 |
10.2 Cape Verde Security Equipment Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |
Export potential enables firms to identify high-growth global markets with greater confidence by combining advanced trade intelligence with a structured quantitative methodology. The framework analyzes emerging demand trends and country-level import patterns while integrating macroeconomic and trade datasets such as GDP and population forecasts, bilateral import–export flows, tariff structures, elasticity differentials between developed and developing economies, geographic distance, and import demand projections. Using weighted trade values from 2020–2024 as the base period to project country-to-country export potential for 2030, these inputs are operationalized through calculated drivers such as gravity model parameters, tariff impact factors, and projected GDP per-capita growth. Through an analysis of hidden potentials, demand hotspots, and market conditions that are most favorable to success, this method enables firms to focus on target countries, maximize returns, and global expansion with data, backed by accuracy.
By factoring in the projected importer demand gap that is currently unmet and could be potential opportunity, it identifies the potential for the Exporter (Country) among 190 countries, against the general trade analysis, which identifies the biggest importer or exporter.
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