A Quick Overview of Saudi Arabia Video Surveillance Market
The key object of this report on the Saudi Arabia Video Surveillance Market is to offer worthy data and a geographical perspective for predictions of market growth in the future. The recommendations added in this detailed report are insightful, and actionable offering a deep understanding of the industry. Moreover, it includes a comprehensive importance of aspects that have impacted the industry.
MarkNtel Advisors has recently studied an extensive market intelligence evaluation on the Saudi Arabia Video Surveillance Market. Also, the newly released report exhibits an engaging format that comprises compelling graphs, tables, charts, and figures as well. These seamlessly combined visual aids are designed to support the clarity and accuracy of the details presented, offering analysts a deep knowledge of the topic at hand.
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Saudi Arabia Video Surveillance Market Scenario:
The Saudi Arabia Video Surveillance Market is estimated to grow at a CAGR of around 3.5% during the forecast period, i.e., 2024-30. The market growth is driven primarily by the increasing need for a robust security infrastructure across Saudi Arabia to boost safety and reduce crime rates, i.e., surging the demand for video surveillance systems.
Saudi Arabia Video Surveillance Market - Industry Dynamics, Size, And Opportunity Forecast To 2030:
Market Driver - Government Mandates & Security Concerns to Drive the Saudi Arabia Video Surveillance Market
The Video Surveillance Market in Saudi Arabia is experiencing a notable upswing, primarily due to ascending security concerns. These concerns, whether in public spaces or private sectors, have created a strong demand for video surveillance systems.
Organizations, government agencies, and individuals are increasingly recognizing the pivotal role that surveillance technology plays in bolstering security & preventing unexpected incidents. Due to this, the government of Saudi Arabia has been updating the video surveillance regulations to integrate the monitoring of any criminal activity in the country. For instance, in 2022, Saudi Arabia's Council of Ministers approved a new regulation mandating the installation of surveillance systems in all public areas of hotels, residential buildings, sports clubs, stadiums, and mosques. These mandatory regulations are instrumental in safeguarding assets, ensuring public safety & fostering a heightened demand for video surveillance solutions in the country.
Saudi Arabia Video Surveillance Market Segmentation Analysis:
Saudi Arabia Video Surveillance Industry, analyzes, identifies, and highlights the main trends and drivers which are affecting each segment of the market. The market has been further divided into the following categories:
By Component
- By Camera
- Fixed Camera
- Pan/Tilt/Zoom (PTZ) Cameras
- Others (Thermal, Panoramic, etc.)
- By Connectivity Type
- Wired
- Wireless
- By Resolution
- Standard Resolution
- Megapixel Network Camera
- High Definition Camera
By Monitor
- LCD
- LED
- Others
By Software
- Video Content Analytics
- Video Management Software
By Services
- Video Surveillance as a Service (VSaaS)
- Managed Service
- Hosted Service
- Hybrid Service
By Media
- Hard Disk Drive (HDD)
- Solid State Drives (SSD)
- Optical Storage Media
By Technology
- Storage Area Network
- Direct Attached Storage
- Network Video Recorder
- Network Attached Storage
- Digital Video Recorder
- Unified or Hybrid Storage
By Accessories
- Cables
- Encoders
By End User
- Commercial
- Military & Defense
- Infrastructure
- Residential
- Others (Industrial, Institutional)
By Enterprise Size
- Small
- Medium
- Large
By Customer Type
- B2B
- B2C
By Region
- East
- West
- North
- South.
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Who are the Key Market Players in the Saudi Arabia Video Surveillance Market?
In the fast-changing Saudi Arabia Video Surveillance Market, understanding what our competitors are doing is crucial. By carefully analyzing things, we figured out some of the dominating players in the industry. So, the top companies of the Saudi Arabia Video Surveillance market ruling the industry are:
List of Key Companies Profiled:
- Axis Communications FZE
- Hikvision FZE
- Honeywell Security
- Dahua Technology Middle East FZE
- Sony Gulf FZE Limited
- Avigilon Corporation
- Pelco by Schneider Electric
- Hanwha Techwin
- IDIS Middle East
- FLIR Systems, Middle East FZE.
Saudi Arabia Video Surveillance Recent Development:
- 2023: Dahua Technology announced a partnership with Mindware KSA to expand its reach & strengthen its distribution network throughout the Kingdom of Saudi Arabia.
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