The Saudi Arabia Video Surveillance Market is expecting around 3.5% CAGR during 2021-26, cites MarkNtel Advisors in their recent research report. The escalating government focus on strengthening the security infrastructure of Saudi Arabia is the prime aspect augmenting the demand for deploying surveillance cameras across streets, railway stations, remote areas, & roads to enhance security and reduce crime rates, thereby driving the market.
Besides, the growing number of multinational companies & start-ups in the country is also augmenting the market growth. Moreover, the mounting government focus on expanding the commercial sector owing to the growing influx of tourists in the country, i.e., portraying an increasing number of construction projects for shopping malls, airports, hotels, restaurants, etc., shall further boost the market in the coming years, further states the research report, “Saudi Arabia Video Surveillance Market Analysis, 2021.”
Escalating Demand for Real-Time Data to Stimulate the demand for Wireless Surveillance Cameras
Wireless Video surveillance cameras are likely to gain swift momentum in Saudi Arabia during 2021-26. It can be attributed to the mounting requirements for real-time data that can be accessed easily through the internet on multiple devices like smartphones, tablets, laptops, etc.
Moreover, benefits like easy data transmission to cloud-based servers & internet-connected devices that control these cameras are also playing a crucial role in stimulating the demand for wireless cameras and fueling the market growth.
As a result, the leading wireless camera manufacturers in the country are witnessing lucrative growth opportunities for the production & distribution of wireless cameras, which, in turn, would contribute to the overall market growth over the forecast years, reveals MarkNtel Advisors in their research report, "Saudi Arabia Video Surveillance Market Analysis, 2021."
The leading players in the Saudi Arabia Video Surveillance Market are Axis Communications FZE, Hikvision FZE, Honeywell Security, Dahua Technology Middle East FZE, Sony Gulf FZE Limited, Avigilon Corporation, Pelco by Schneider Electric, Hanwha Techwin, and IDIS Middle East.
Key Questions Answered in the Research Report: