Region’s security market to reach $8.4bln by 2025

  • The bulk of demand comes from Saudi Arabia (29.9%) followed by the UAE (24.7%), Qatar (10.2%) and Kuwait (7.2%)
  • Mubasher: The Middle East’s commercial security market is expected to reach $8.4 billion by 2025, according to new research.
  • A report by 6W Research, commissioned by Intersec sees the market registering a 16% compound annual growth rate (CAGR) over the next two and a half decades.
  • Growth is driven by increasing infrastructure development and stringent regulatory policies, as well as fuelling demand for hi technology surveillance, access control, and intrusion detection solutions.
  • The research shows the bulk of demand is coming from Saudi Arabia (29.9%) followed by the UAE (24.7%), Qatar (10.2%) and Kuwait (7.2%).
  • Governments in the region are putting special focus on the installation of video surveillance systems across the Middle East.

Media Courtesy : Zawya

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