UAE Video Surveillance Market Size, Share, Analysis, Trends Future & Forecast 2028
MarkNtel Advisors has recently released an all-encompassing report on UAE Video Surveillance Market. The report thoroughly explores the present and future market scenarios, providing valuable insights into market size, share, and competitor segmentation. It also delivers an overview of manufacturers, regions, product categories, and application areas. This extensive research is designed to empower clients with the knowledge required to comprehend and capitalize on market trends for their business strategies.
Forecast 2028: Revealing UAE Video Surveillance Market Insights and Analysis
The UAE Video Surveillance Market is projected to grow at a CAGR of around 4.35% during the forecast period, i.e., 2023-28.
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Key Driver: Enhanced Strategies for Commercial Sector Development Plans
The government of the UAE has been primarily focusing on the development of the commercial sector of the country, intending to shift the base of its economy to the non-oil-based sector. The diversification plan is aimed at enhancing the non-oil economy sectors, such as hospitality, retail, etc., to fulfill the needs of the population of the UAE & to assure sustainable evolution even after the exhaustion of oil reserves. Therefore, the government is investing & encouraging public-private partnerships for development in the sectors such as residential, commercial, and industrial.
Thus, the ongoing construction projects like Ain Dubai, The Royal Atlantis, and others have generated the demand for video surveillance cameras since the government has mandated the installation of surveillance cameras for all the construction sites as per the directive circular published by the Dubai Municipality's Code of Constructions Safety Practice in 2016. Henceforth, with the upscaling of infrastructure projects, the sales of video surveillance components & solutions have been significantly rising in the UAE.
A Comprehensive Overview of Geographical Diversity:
the UAE Video Surveillance Market expands across:
- Dubai
- Abu Dhabi & Al Ain
- Sharjah & Northern Emirates
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UAE Video Surveillance Market Segmentation Outline:
By Component (Camera (By Type Analog Camera, IP Camera, Fixed Camera Pan/Tilt/Zoom(PTZ), Cameras Others (Thermal, Panoramic, etc.))
By Resolution ((Standard, Resolution Megapixel,Network Camera, High Definition Camera), Monitor (LCD, LED, Others), Media (Hard Disk Drive (HDD), Solid State Drives (SSD), Optical Storage Media), Storage (Storage Area Network, Direct Attached Storage, Network Video Recorder, Network Attached Storage, Digital Video Recorder, Unified or Hybrid Storage), Software 9Video Content Analytics, Video Management Software, Accessories (Cables, Encoders))
By End User (Infrastructure, Commercial, Residential, Industrial, Institutional)
By Service (Video Surveillance as a Service (Managed Service, Hosted Service, Hybrid Service))
By Connectivity Type (Wired, Wireless).
Competitive Outlook
Aavigilon Corporation Axis Communication Hanwha Techwin Middle East FZE Honeywell International Inc. Bosch Security System Inc. CP Plus FZE Zhejiang Dahua Technology Co. Ltd. Hangzhou Hikvision Digital Technology Co., Ltd. Pelco Inc. Huawei Technologies Others
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