With COVID-19 resulting in the economic fallout, numerous economies are working on game-changing improvements to protect their employees and clients. While focusing on the ongoing challenges, the leaders are embracing new plans in order to manage and stay afloat in this competitive environment.
GCC Video Surveillance Market Analysis, 2020 research report depicts a deep-dive market analysis of statistics of GCC Video Surveillance market which consists of regional and country-wise market size, market forecast, CAGR market segmentation, market shares of diverse regions and countries, market share of various end users, applications, product type, technologies, competitive benchmarking, etc.
According to MarkNtel Advisors’ research report titled “GCC Video Surveillance Market Analysis, 2020”, the GCC Video Surveillance market is anticipated to grow at a CAGR of around 6% during 2020-25F. The growth of the market is attributed to rising concerns of the customers regarding safety, boost in construction sector, and increase in IT spending. Moreover, mandatory installation of video surveillance systems in countries such as Saudi Arabia and the UAE, rise in crime rate, escalating FDI and government spending, and growing tourism are some of the factors leading to the growth of the market in the forecast period.
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The Final Report will cover the impact analysis of COVID-19 on this industry: GCC Video Surveillance Market Analysis By Top Countries Data | By Top Players, Types, Applications | Forecast Till 2020
Commercial Acquired Significant market share
Based on end user, commercial segment acquired the significant market share in the GCC video surveillance market in 2019. This is due to rising demand for video surveillance in banks and financial institutions due to increasing number of fraudulent transactions & data theft, rise in number of ATM thefts, and surge in crime rate especially in retail sector. Moreover, the escalating government spending toward commercial sector and laid to strict government initiatives regarding compulsory installation of video cameras are projected to drive the growth of the market.
Moreover, the infrastructure segment is growing at a rapid pace. This is due to the rising inflow of FDI, upcoming construction projects such as shopping malls, airports, and metros, along with rising deployment of video surveillance in the public areas to ensure safety and reduce crime rate. Therefore, these factors are anticipated to drive the growth of the Video Surveillance market in GCC region in the near future as stated in the MarkNtel Advisors’ research report “GCC Video Surveillance Market Analysis, 2020”.
Competitive Landscape
According to MarkNtel Advisors, the key players with a considerable market share in the GCC Video Surveillance market include Axis Communications, Bosch Security Systems, Canon, Hangzhou Hikvision, Hanwha Techwin, Honeywell, Pelco, Huawei Technologies, Flir Systems, CP Plus, Cisco Systems, Zhejiang Dahua Technology, and Panasonic Corporation.
Get a PDF Sample for more detailed market insights: https://www.sdki.jp/sample-request-115663
The Final Report will cover the impact analysis of COVID-19 on this industry: GCC Video Surveillance Market Analysis By Top Countries Data | By Top Players, Types, Applications | Forecast Till 2020
Key Questions Answered in the Market Research Report:
1. What are the key overall market statistics or market estimates (Market Overview, Market Size- By Value, Forecast Numbers, Market Segmentation, Market Shares) of GCC Video Surveillance Market?
2. What is the region wise industry size, growth drivers and challenges key market trends?
3. What are the key innovations, technology upgrades, opportunities, regulations in the GCC Video Surveillance Market?
4. Who are the key competitors or market players and how they perform in GCC Video Surveillance Market based on competitive benchmarking matrix?
TABLE OF CONTENT
1. Introduction
1.1. Product Definition
1.2. Research Process
1.3. Assumptions
1.4. Market Segmentation
2. Preface
3. Executive Summary
4. Impact of COVID-19 on GCC Video Surveillance Market
5. GCC Video Surveillance Market Venture Capital Investments Scenario
6. GCC Video Surveillance Market Analysis, 2015-2025F
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