Saudi Arabia Video Surveillance Market Insights by Emerging Trends, Future Growth and Demand Forecast till 2020

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.

Saudi Arabia Video Surveillance Market Analysis, 2020 research report depicts a deep-dive market analysis of statistics of Saudi Arabia 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 “Saudi Arabia Video Surveillance Market Analysis, 2020”, the Saudi Arabia Video Surveillance market is anticipated to grow at a CAGR of around 3.5% during 2021-26F. Riyadh has been ranked fifth in the Arab world for the number of closed-circuit TV surveillance cameras with 20 cameras per million people. Apart from this, rising integration of video surveillance in the industrial sector and commercial real-estate establishments such as Neom Business City and Sudhir Industrial City, increasing investment by the private sector in educational institutions, and the emergence of various construction projects in the transportation sector such as Riyadh Metro is promoting the demand for video surveillance systems in Saudi Arabia.

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The Final Report will cover the impact analysis of COVID-19 on this industry: Saudi Arabia Video Surveillance Market Insights by Emerging Trends, Future Growth and Demand Forecast till 2020

Furthermore, burgeoning demand for cameras for crime prevention, traffic monitoring, and to observe industrial operations along with a boost in the government spending for the development of new social infrastructure, and strong growth in the hospitality and healthcare sector is leading to healthy growth in the video surveillance market in Saudi Arabia in the forecast period.

High Definition (HD) Camera Acquired Significant Market Share
Based on Resolution, High Definition Camera acquired a significant market share in the Saudi Arabia video surveillance market in 2019. The burgeoning adoption of HD camera due to rising concern for public safety and security, the launch of innovative HD camera by the market players, and bolstering installation of HD cameras with facial recognition among verticals are anticipated to drive the growth of the Video Surveillance market in Saudi Arabia in the near future as stated in the MarkNtel Advisors’ research report “Saudi Arabia Video Surveillance Market Analysis, 2020”.

Impact of COVID-19
The outbreak of coronavirus has had an adverse impact on the video surveillance systems market. The imposition of nation-wide lockdown by the government leading to the closure of many business operations which have affected the demand and supply for video surveillance systems in the region. However, the market is expected to bounce back with recovery on account of rising in construction activities which is anticipated to fuel the demand for video surveillance in the country.

Competitive Landscape
According to MarkNtel Advisors, the key players with a considerable market share in the Saudi Arabia Video Surveillance market include Johnson Controls International PLC, Robert Bosch Middle East FZE, Axis Communications AB, Avigilon Corporation, Honeywell International Inc., Hangzhou Hikvision Digital Technology Co., Ltd., Nedap FZE, Pelco Inc., SAS Systems Engineering, HanwhaTechwin Middle East FZE etc.

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 Saudi Arabia 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 Saudi Arabia Video Surveillance Market?
4. Who are the key competitors or market players and how they perform in Saudi Arabia Video Surveillance Market based on competitive benchmarking matrix?

TABLE OF CONTENT

1. Introduction
1.1. Research Process
1.2. Industry Segmentation
1.3. Assumptions
2. Executive Summary
3. Saudi Arabia Macro Economics Indicators
4. Saudi Arabia Video Surveillance Industry Outlook, 2014-2024F
4.1. Industry Potential & Outlook
4.1.1. Market Revenues
4.1.2. Units Sold
4.2. Industry Segmentation & Outlook
4.2.1. By Types (Analog, IP, Storage, Software)
4.2.2. By Category (Wired, Wireless)

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