UAE Video Surveillance Market Research Report: Forecast (2023-2028)
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), By Company (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) Read more
- ICT & Electronics
- Jun 2023
- 86
- PDF, Excel, PPT
Market Definition
Video surveillance is a system that consists of various components, including cameras, which are available in a wide range of styles & features, and they are a common component in a security system. In addition, video surveillance is mainly used for various security purposes like remote video monitoring, facility protection, monitor operations, vandalism deterrence, traffic monitoring, parking lots, and many others.
Market Insights & Analysis: UAE Video Surveillance Market (2023-28)
The UAE Video Surveillance market is projected to grow at a CAGR of around 4.35% during the forecast period, i.e., 2023-28. With the rapid urbanization & increasing population density, public safety & security have become key issues for governments & law enforcement agencies in the UAE, which has instigated the need for a proper video surveillance system to avoid any security threats. The use of this system in public places such as airports, train stations, and shopping malls has become increasingly common, and there is a growing demand for solutions that could monitor & secure these areas. Thus, the rising concerns about public safety & security are driving the adoption of these solutions in the UAE & are expected to lead the market growth during the upcoming years as well. Along with this, the country capitalized the video surveillance technologies to curb the COVID-19 impact, where the UAE government installed surveillance cameras in the emirates to raise the detection rates of COVID-19.
Report Coverage | Details |
---|---|
Study Period | Historical Data: 2018-21 |
Base Year: 2022 | |
Forecast Period: 2023-28 | |
CAGR (2021-2026) | 4.35% |
Key Companies Profiled | 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. |
Unit Denominations | USD Million/Billion |
Furthermore, the evolution in construction activities, both residential & commercial, has also contributed to the demand for video surveillance in the UAE during the current period. The surge in construction projects has also generated a requirement for these solutions that can secure & monitor these facilities. Thus, the growth in construction activities in the different economic sectors is driving the adoption of video surveillance solutions in the UAE during the forthcoming period.
UAE Video Surveillance Market 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.
UAE Video Surveillance Market Possible Restraint:
Risks Associated with Cybersecurity to Hamper the Market Growth - Cybersecurity risk associated with overall video surveillance systems is deterring the growth of the UAE market. Hacking tools have now become easier to use, enabling hackers to take advantage during various occasions such as mega-events like new year celebrations & other holiday seasons. Some of the vulnerabilities that have been negatively impacting the market growth are weak, reused, or infrequently changed passwords leading to the occurrence of cyber breaches in various public & private institutions, including residential apartments, commercial spaces, etc. Some hacking cases related to video surveillance that are reported during the past period in the UAE are also presumed to exist in the years ahead, thus would impede the market expansion.
UAE Video Surveillance Market Growth Opportunity:
Rising Demand for Blast-Proof Video Surveillance Systems to Work in Hostile Environments - One of the key focuses of video surveillance systems is to properly monitor the environment in both hostile & non-hostile environments, concerning the usability of different types of video surveillance cameras installed in residential, commercial, and military spaces. However, with the rising security challenges as well as usability in high-risk industries, the demand for blast-proof cameras has emerged in the UAE. Blast-proof cameras have better survivability in high-risk installations such as military spaces & industries like oil & gas, mining, airports, etc. These cameras are highly protected from any external spark or ignition, making them suitable to be deployed in fire & explosion-prone sectors. Hence, in line with the growing focus on the adoption of a robust mechanism of surveillance, the demand for blast-protected cameras is expected to grow in the UAE, further contributing to the progression of the UAE Video Surveillance market.
UAE Video Surveillance Market Key Trend:
Escalating Adoption of AI-based Video Analytics - Integration of artificial intelligence (AI) with video surveillance has gained immense popularity owing to its several benefits, as it offers customers better functionality, impressive accuracy, lower prices, etc. A large number of occurrences of real-time scenarios in the UAE, ranging from identifying different objects & detecting anomalous behavior patterns to face recognition, traffic flow management, etc., have induced the necessity among these system providers to adopt AI technology to enhance the efficiency of security operators, detection of the wide variety of threats, etc. Further, with the ease of surveillance in crowded places such as airports, metro, religious places, AI-based Video Surveillance Cameras are expected to be in demand in the coming years.
UAE Video Surveillance Market (2023-28): Segmentation Analysis
Based on Component:
- Camera
- Monitor
- Media
- By Storage
- Software
- Accessories
Among all, Cameras held a considerable share of the UAE Video Surveillance market during 2018-22. The adoption of IP cameras in the UAE has been driven by the growing demand for high-definition systems, as well as the need for more flexible & cost-effective surveillance solutions. IP cameras can be easily integrated with other surveillance technologies, such as video analytics & facial recognition, to provide enhanced security & intelligence capabilities. Therefore, owing to several advantages that they offer over analog cameras, such as higher image quality, remote access, and easy scalability, their adoption is predicted to rise in the coming years.
Based on Connectivity Type:
- Wired
- Wireless
Wireless connectivity witnessed a noticeable rise in demand during the historical period. The major demand for wireless connectivity for video surveillance arises from the infrastructure sector, such as transportation & the highways, since it offers constant monitoring, greater mobility, and flexibility. For instance, in 2021, Ras Al Khaimah Transport Authority (RAKTA), Dubai, launched the pilot phase of a smart monitoring & control system for incorporating smart surveillance cameras in buses & taxis. Therefore, with the distinct advantages of wireless surveillance, such as simpler installation procedures, low installation costs, etc., over wired connectivity, their adoption amplified significantly during the historical years. In addition to this, the soaring penetration of the internet & the onset of the 5G in the UAE would further accelerate the adoption of wireless connectivity through wireless LAN, Wi-Fi, & several others in the upcoming years since it would make the surveillance hassle-free.
UAE Video Surveillance Market Regional Projection
Geographically, the UAE Video Surveillance market expands across:
- Dubai
- Abu Dhabi & AI Ain
- Sharjah & Northern Emirates
Among all, Dubai has held the major market share for video surveillance cameras with an increased focus on security due to the relatively higher population & migrant inflow in the UAE. The UAE embraces a large number of tourists from all over the world, underscoring the necessity of ensuring safety & security systems. According to the Department of Economy and Tourism (DET), Dubai received nearly 14.36 million tourists in 2022, which is around 97% higher than the 7.28 million tourist arrival in 2021. The number of tourists is further expected to grow with the government’s policies to diversify the economy from oil & gas to other financial & tourism-based avenues. Dubai has also planned to complete its USD33 billion expansion of DWC airport to handle nearly 130 million passengers by 2024. Thus, with the increased investment for infrastructure, developed & supported by the rising tourism, Dubai is anticipated to hold a considerable share of the UAE Video Surveillance market during the forecast period.
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Frequently Asked Questions
- Market Segmentation
- Introduction
- Product Definition
- Research Process
- Assumptions
- Executive Summary
- The UAE Video Surveillance Startups Ecosystem
- Entrepreneurial Activity
- Year-on-Year Funding Received
- Funding Received by Top Companies
- Key Investors Active in the Market
- Series Wise Funding Received
- Seed Funding
- Angel Investing
- Venture Capitalist (VC) Funding
- Others
- The UAE Video Surveillance Market Regulations and Policy
- The UAE Video Surveillance Market Trends & Developments
- The UAE Video Surveillance Market Dynamics
- Drivers
- Challenges
- The UAE Video Surveillance Market Hotspot & Opportunities
- The UAE Video Surveillance Market Supply Chain Analysis
- The UAE Video Surveillance Market Outlook, 2018-2028F
- Market Size & Analysis
- By Revenues (USD Million)
- Market Size & Analysis
- By Component
- Camera
- By Type
- Analog Camera- Market Size & Forecast 2018-2028F, USD Million
- IP Camera- Market Size & Forecast 2018-2028F, USD Million
- Fixed Camera- Market Size & Forecast 2018-2028F, USD Million
- Pan/Tilt/Zoom (PAT) Camera- Market Size & Forecast 2018-2028F, USD Million
- Other (Thermal, Panoramic, etc.)- Market Size & Forecast 2018-2028F, USD Million
- Resolution- Market Size & Forecast 2018-2028F, USD Million
- Standard Resolution- Market Size & Forecast 2018-2028F, USD Million
- Megapixel Network Camera- Market Size & Forecast 2018-2028F, USD Million
- High Definition Camera- Market Size & Forecast 2018-2028F, USD Million
- By Type
- Monitor
- LCD- Market Size & Forecast 2018-2028F, USD Million
- LED- Market Size & Forecast 2018-2028F, USD Million
- Others- Market Size & Forecast 2018-2028F, USD Million
- By Media
- Hard Disk Drive- Market Size & Forecast 2018-2028F, USD Million
- Solid State Drive- Market Size & Forecast 2018-2028F, USD Million
- Optical Storage Media- Market Size & Forecast 2018-2028F, USD Million
- Storage
- Storage Area Network- Market Size & Forecast 2018-2028F, USD Million
- Direct Attached Storage- Market Size & Forecast 2018-2028F, USD Million
- Network Video Recorder - Market Size & Forecast 2018-2028F, USD Million
- Network Attached Storage- Market Size & Forecast 2018-2028F, USD Million
- Digital Video Recorder- Market Size & Forecast 2018-2028F, USD Million
- Unified or Hybrid Storage- Market Size & Forecast 2018-2028F, USD Million
- Software
- Video Content Analytics- Market Size & Forecast 2018-2028F, USD Million
- Video Management Software- Market Size & Forecast 2018-2028F, USD Million
- Accessories
- Cables- Market Size & Forecast 2018-2028F, USD Million
- Encoders- Market Size & Forecast 2018-2028F, USD Million
- Camera
- By Connectivity Type
- Wired- Market Size & Forecast 2018-2028F, USD Million
- Wireless- Market Size & Forecast 2018-2028F, USD Million
- By Services
- Video Surveillance as a Service- Market Size & Forecast 2018-2028F, USD Million
- Managed Services
- Hosted Services
- Hybrid Services
- Video Surveillance as a Service- Market Size & Forecast 2018-2028F, USD Million
- End User- Market Size & Forecast 2018-2028F, USD Million
- Infrastructure
- Commercial
- Residential
- Industrial
- Institutional
- By Region
- Dubai
- Abu Dhabi & Al Ain
- Sharjah & Northern Emirates
- By Competition
- Competition Characteristics
- Market Share of Top Companies, By Revenues
- By Component
- Market Size & Analysis
- Dubai Video Surveillance Market Outlook, 2018-2028F
- Market Size & Analysis
- By Revenues (USD Million)
- Market Share & Analysis
- By Component- Market Size & Forecast 2018-2028F, USD Million
- By End User- Market Size & Forecast 2018-2028F, USD Million
- Market Size & Analysis
- Abu Dhabi & Al Ain Video Surveillance Market Outlook, 2018-2028F
- Market Size & Analysis
- By Revenues (USD Million)
- Market Share & Analysis
- By Component- Market Size & Forecast 2018-2028F, USD Million
- By End User- Market Size & Forecast 2018-2028F, USD Million
- Market Size & Analysis
- Sharjah & Northern Emirates Video Surveillance Market Outlook, 2018-2028F
- Market Size & Analysis
- By Revenues (USD Million)
- Market Share & Analysis
- By Component- Market Size & Forecast 2018-2028F, USD Million
- By End User- Market Size & Forecast 2018-2028F, USD Million
- Market Size & Analysis
- The UAE Video Surveillance Market Key Strategic Imperatives for Success & Growth
- Competitive Outlook
- Company Profiles
- Aavigilon Corporation
- Business Description
- Product Portfolio
- Strategic Alliances or Partnerships
- Recent Developments
- Financial Details
- Others
- Axis Communication
- Business Description
- Product Portfolio
- Strategic Alliances or Partnerships
- Recent Developments
- Financial Details
- Others
- Hanwa Techwin Middle East FZE
- Business Description
- Product Portfolio
- Strategic Alliances or Partnerships
- Recent Developments
- Financial Details
- Others
- Honeywell International Inc.
- Business Description
- Product Portfolio
- Strategic Alliances or Partnerships
- Recent Developments
- Financial Details
- Others
- Bosch Security System Inc.
- Business Description
- Product Portfolio
- Strategic Alliances or Partnerships
- Recent Developments
- Financial Details
- Others
- CP Plus FZE
- Business Description
- Product Portfolio
- Strategic Alliances or Partnerships
- Recent Developments
- Financial Details
- Others
- Zhejiang Dahua Technology Co. Ltd.
- Business Description
- Product Portfolio
- Strategic Alliances or Partnerships
- Recent Developments
- Financial Details
- Others
- Hangzhou Hikvision Digital Technology Co. Ltd.
- Business Description
- Product Portfolio
- Strategic Alliances or Partnerships
- Recent Developments
- Financial Details
- Others
- Pelco Inc.
- Business Description
- Product Portfolio
- Strategic Alliances or Partnerships
- Recent Developments
- Financial Details
- Others
- Huawei Technologies
- Business Description
- Product Portfolio
- Strategic Alliances or Partnerships
- Recent Developments
- Financial Details
- Others
- Others
- Aavigilon Corporation
- Company Profiles
- Disclaimer