GCC Video Surveillance Storage Market (2019-2025) | Analysis, Size, Share, Revenue, Trends, Forecast, Value, industry, Growth, Outlook & Segmentation

Latest 2023 Developments of the GCC Video Surveillance Storage Market

GCC Video Surveillance Storage Market has seen the latest innovations that include the introduction of a storage area network (SAN) which has numerous advancements such as better speed, efficient data management, and more flexibility than other technologies and options available for cloud computing. Further, the integrity, confidentiality, and accessibility of video surveillance data is also protected during recording, retrieval and in transit whether across the local network or across a public network to a remote location. The same company have also started to provide SMEs data storage services that include online backup, data protection, and recovery solutions.

Mergers and Acquisitions:

• On March 1, 2021, Cisco announced the acquisition of Acacia Communications, Inc.
• In April 2021, River Associates acquired Pelco Products, Inc.
• In July 2021, Quantum Acquires HCI Pioneer Pivot3’s Video Surveillance Tech

GCC Video Surveillance Storage Market Synopsis

Installation of IP video surveillance systems, increasing FDI inflow in the region, and improved implementation of government norms for mandatory installation of video surveillance systems with regulations that mandates the retention of the footage for a fixed time period in most of the GCC countries are some of the key factors contributing significantly to the growth of GCC video surveillance storage market.

According to 6Wresearch, the GCC Video Surveillance Storage Market size is projected to grow at a CAGR of 6.6% during 2019-2025. Countries such as Saudi Arabia and UAE experienced a setback in the GCC video surveillance storage market in 2015-17 due to a decline in oil prices, resulting in a halt in various construction projects. However, the market recovered from the year 2017 onwards. Expansion and construction of new hotels, shopping malls, and public infrastructures across the region spurred the demand for the video surveillance systems market in the GCC market.

In the GCC video surveillance storage market forecast report, storage area network (SAN) is expected to demonstrate the maximum growth in the region over the next six years due to several key factors such as better speed, efficient data management, more flexibility than other technologies and options available for cloud computing. Further, upcoming data centres in GCC regions are also expected to boost the growth of GCC video surveillance storage market revenues. Some of the key players in the GCC video surveillance storage market include Pelco, Avigilon Corporation, BCD Video, Rasilient, Dell EMC, Pivot3, Cisco, Hanwha Techwin and Fujitsu.

The GCC video surveillance storage market report thoroughly covers the market by technology, deployment, verticals, and countries. The GCC video surveillance storage market report provides an unbiased and detailed analysis of the GCC video surveillance storage market outlook, GCC video surveillance storage market trends, GCC video surveillance storage market share, opportunities/ high growth areas, and market drivers, which would help stakeholders to device and align market strategies according to the current and future market dynamics.

In GCC Video Surveillance Storage Market very good growth mark in 2017-18 and the prices of oil increased because of spending on the infrastructural due to the development of the countries. government compulsory installed video surveillance cameras for the public and in the public area and in hotels, commercial offices, tourism places and hospitality industries sending of video observation frameworks in the GCC district.

Key Highlights of the Report:

• GCC Video Surveillance Storage Market Overview
• GCC Video Surveillance Storage Market Outlook
• GCC Video Surveillance Storage Market Size and GCC Video Surveillance Storage Market Forecast until 2025
• Historical Data of Saudi Arabia, UAE, Qatar, Kuwait, Bahrain and Oman Video Surveillance Storage Market Revenues for the period, 2015-2018
• Market Size and Forecast of Saudi Arabia, UAE, Qatar, Kuwait, Bahrain and Oman Video Surveillance Storage Market Revenues until 2025
• Historical Data of Saudi Arabia, UAE, Qatar, Kuwait, Bahrain and Oman Video Surveillance Storage Market Revenues, by Technology, for the Period 2015-2018
• Market Size & Forecast of Saudi Arabia, UAE, Qatar, Kuwait, Bahrain and Oman Video Surveillance Storage Market Revenues, by Technology, until 2025
• Historical Data of Saudi Arabia, UAE, Qatar, Kuwait, Bahrain and Oman Video Surveillance Storage Market Revenues, by Deployment, for the Period 2015-2018
• Market Size & Forecast of Saudi Arabia, UAE, Qatar, Kuwait, Bahrain and Oman Video Surveillance Storage Market Revenues, by Deployment, until 2025
• Historical Data of Saudi Arabia, UAE, Qatar, Kuwait, Bahrain and Oman Video Surveillance Storage Market Revenues and Revenue Share, by Verticals, for the Period 2015-2018
• Market Size & Forecast of Saudi Arabia, UAE, Qatar, Kuwait, Bahrain and Oman Video Surveillance Storage Market Revenues and Revenue Share, by Verticals, until 2025
• Market Drivers and Restraints
• GCC Video Surveillance Storage Market Trends and Industry Life Cycle
• Porter’s Five Force Analysis
• GCC Video Surveillance Storage Market Opportunity Assessment
• GCC Video Surveillance Storage Market Share, By Players
• GCC Video Surveillance Storage Market Overview on Competitive Benchmarking
• Company Profiles
• Key Strategic Recommendations

Markets Covered:

The GCC video surveillance storage market report provides a detailed analysis of the following market segments:

By Technology:

• Storage Area Network
• Direct Attached Storage
• Network Attached Storage

By Deployment:

• On-Premises
• Cloud
• Hybrid

By Verticals:

• BFSI (Banking, Financial Services & Insurance Sector)
• Government & Transportation
• Retail & Logistics
• Commercial Offices
• Hospitality & Healthcare
• Industrial
• Residential
• Educational Institutions

By Countries:

• Saudi Arabia
• United Arab Emirates
• Kuwait
• Qatar
• Oman
• Bahrain