Market Forecast By Offering (Hardware, Software, Service), By System (Analog Video Surveillance Systems, IP Video Surveillance Systems, Hybrid Video Surveillance Systems), By Vertical (Commercial, Infrastructure, Military & Defense, Residential, Public Facility, Industrial) And Competitive Landscape
Product Code: ETC4456780 | Publication Date: Jul 2023 | Updated Date: Feb 2025 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 85 | No. of Figures: 45 | No. of Tables: 25 | |
Saudi Arabia Video Surveillance market currently, in 2023, has witnessed an HHI of 3544, Which has decreased moderately as compared to the HHI of 3573 in 2017. The market is moving towards concentrated. Herfindahl index measures the competitiveness of exporting countries. The range lies from 0 to 10000, where a lower index number represents a larger number of players or exporting countries in the market while a large index number means fewer numbers of players or countries exporting in the market.
Report Name | Saudi Arabia Video Surveillance Market |
Forecast period | 2025-2031 |
CAGR | 9.2% |
Growing Sector | Government and transportation |
Saudi Arabia Video Surveillance Market report thoroughly covers the market by offering, by system, and by vertical. The market report provides an unbiased and detailed analysis of the ongoing market trends, opportunities/high growth areas, and market drivers which would help the stakeholders to devise and align their market strategies according to the current and future market dynamics.
The Saudi video surveillance market is predicted to expand between 2025 and 2031, driven by rising security concerns, smart city efforts, and technical improvements. Government restrictions, infrastructure development, and increased demand for AI-based surveillance systems will all drive market growth during the forecast period.
According to 6Wresearch, Saudi Arabia Video Surveillance Market size is expected to grow at a significant CAGR of 9.2% during 2025-2031. The growing use of IP cameras over analog cameras is a major driver of the Saudi Arabia video surveillance market. Businesses and government organizations use IP cameras because of its higher resolution, increased storage capacity, and remote accessibility. Additionally, market demand is being driven by the increased emphasis on security and public safety measures brought on by growing worries about criminal activity and terrorist threats. Advanced surveillance technologies are also being adopted as a result of government initiatives to improve urban security, smart city developments, and infrastructure expansion. Furthermore, the market is expanding more quickly due to the growing need for intelligent and smart video surveillance systems that can analyze data in real time to identify any risks.These factors will drive the Saudi Arabia Video Surveillance Market growth.
Despite its swift expansion, the video surveillance market in Saudi Arabia encounters numerous obstacles, including the substantial initial costs for installation and upkeep, a shortage of skilled experts to manage and maintain sophisticated surveillance systems, and apprehensions regarding privacy and data security. Addressing these issues will be vital for the long-term sustainability of market growth.
The Saudi Arabia video surveillance industry is experiencing key developments that are influencing its future. A significant trend is the incorporation of Artificial Intelligence (AI) and Internet of Things (IoT) technologies into surveillance systems. This integration enhances data analysis, improves predictive capabilities, and automates various tasks, resulting in more efficient and effective security solutions. Additionally, there is a transition towards cloud-based video surveillance systems, which provide economical storage options and allow for remote access.
The video surveillance market in Saudi Arabia presents a wealth of opportunities for investors, driven by the government's focus on enhancing public safety, smart city initiatives, and infrastructure development. With Vision 2030 emphasizing digitization and urban modernization, the demand for advanced video surveillance solutions has surged across public and private sectors alike. Increasing integration of AI-powered analytics, facial recognition, and cloud-based storage solutions highlights the significant potential in this domain. Investors can tap into opportunities tied to the development and deployment of cost-efficient, high-resolution cameras, particularly for large-scale projects such as NEOM and other smart city developments. Collaborations with local companies to manufacture and distribute surveillance equipment also enable reduced imports and faster adoption rates.
Prominent companies in the Saudi Arabian video surveillance market consist of Axis Communications AB, Bosch Security Systems, Hikvision Digital Technology Co. Ltd., Honeywell International Inc., Zhejiang Dahua Technology Co. Ltd., and Panasonic Corporation. These organizations are continuously innovating and broadening their product ranges to meet the increasing demand in the market.
The Saudi Arabian government has implemented various initiatives and policies to bolster national security, positively affecting the video surveillance market. For example, the Vision 2030 program aims to diversify the economy through investments in technology and infrastructure, which includes enhancing cybersecurity and public safety protocols. Furthermore, the Ministry of Interior’s National Transformation Program (NTP) focuses on modernizing public safety systems via digital advancements. These initiatives create substantial opportunities for the growth of the video surveillance market in the country.
The outlook for the video surveillance market in Saudi Arabia appears quite favorable, driven by an ever-increasing demand for advanced security solutions and a government that supports digital transformation. The integration of AI and IoT technologies is also anticipated to propel market growth in the upcoming years. However, it will be crucial for companies to confront the challenges posed by high costs and the lack of skilled personnel to maintain long-term growth and fulfill consumer expectations. Overall, the market offers numerous investment opportunities for businesses aiming to enter or expand their footprint in this rapidly evolving sector.
The report offers a comprehensive study of the subsequent market segments and their leading categories.
According to Ravi Bhandari, Research Head, 6Wresearch, Video surveillance cameras led the Saudi video surveillance market, owing to growing security concerns, smart city efforts, and technical improvements. The demand for high-resolution IP cameras with powerful analytics and remote access capabilities has helped them maintain their market leadership.
On the basis application, Saudi Arabia's video surveillance market is led by the government and transportation segment, which are being driven by increased security measures, smart city projects, and infrastructure development. Rising investment in surveillance systems for public safety, traffic monitoring, and crime prevention reinforces the segment's market dominance.
Saudi Arabia Video Surveillance Market report provides a detailed analysis of the following market segments
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 Saudi Arabia Video Surveillance Market Overview |
3.1 Saudi Arabia Country Macro Economic Indicators |
3.2 Saudi Arabia Video Surveillance Market Revenues & Volume, 2021 & 2031F |
3.3 Saudi Arabia Video Surveillance Market - Industry Life Cycle |
3.4 Saudi Arabia Video Surveillance Market - Porter's Five Forces |
3.5 Saudi Arabia Video Surveillance Market Revenues & Volume Share, By Offering , 2021 & 2031F |
3.6 Saudi Arabia Video Surveillance Market Revenues & Volume Share, By System, 2021 & 2031F |
3.7 Saudi Arabia Video Surveillance Market Revenues & Volume Share, By Vertical, 2021 & 2031F |
4 Saudi Arabia Video Surveillance Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Saudi Arabia Video Surveillance Market Trends |
6 Saudi Arabia Video Surveillance Market, By Offering |
6.1 Overview and Analysis |
6.1.2 Saudi Arabia Video Surveillance Market Revenues & Volume, By Hardware, 2021 & 2031F |
6.1.3 Saudi Arabia Video Surveillance Market Revenues & Volume, By Software, 2021 & 2031F |
6.1.4 Saudi Arabia Video Surveillance Market Revenues & Volume, By Service, 2021 & 2031F |
6.2 Saudi Arabia Video Surveillance Market, By System |
6.2.1 Overview and Analysis |
6.2.2 Saudi Arabia Video Surveillance Market Revenues & Volume, By Analog Video Surveillance Systems, 2021 & 2031F |
6.2.3 Saudi Arabia Video Surveillance Market Revenues & Volume, By IP Video Surveillance Systems, 2021 & 2031F |
6.2.4 Saudi Arabia Video Surveillance Market Revenues & Volume, By Hybrid Video Surveillance Systems, 2021 & 2031F |
6.3 Saudi Arabia Video Surveillance Market, By Vertical |
6.3.1 Overview and Analysis |
6.3.2 Saudi Arabia Video Surveillance Market Revenues & Volume, By Commercial, 2021 & 2031F |
6.3.3 Saudi Arabia Video Surveillance Market Revenues & Volume, By Infrastructure, 2021 & 2031F |
6.3.4 Saudi Arabia Video Surveillance Market Revenues & Volume, By Military & Defense, 2021 & 2031F |
6.3.5 Saudi Arabia Video Surveillance Market Revenues & Volume, By Residential, 2021 & 2031F |
6.3.6 Saudi Arabia Video Surveillance Market Revenues & Volume, By Public Facility, 2021 & 2031F |
6.3.7 Saudi Arabia Video Surveillance Market Revenues & Volume, By Industrial, 2021 & 2031F |
7 Saudi Arabia Video Surveillance Market Import-Export Trade Statistics |
7.1 Saudi Arabia Video Surveillance Market Export to Major Countries |
7.2 Saudi Arabia Video Surveillance Market Imports from Major Countries |
8 Saudi Arabia Video Surveillance Market Key Performance Indicators |
9 Saudi Arabia Video Surveillance Market - Opportunity Assessment |
9.1 Saudi Arabia Video Surveillance Market Opportunity Assessment, By Offering , 2021 & 2031F |
9.2 Saudi Arabia Video Surveillance Market Opportunity Assessment, By System, 2021 & 2031F |
9.3 Saudi Arabia Video Surveillance Market Opportunity Assessment, By Vertical, 2021 & 2031F |
10 Saudi Arabia Video Surveillance Market - Competitive Landscape |
10.1 Saudi Arabia Video Surveillance Market Revenue Share, By Companies, 2024 |
10.2 Saudi Arabia Video Surveillance Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |