Middle East video surveillance market size is anticipated to grow at a CAGR of 4.2% during 2023-2029

Government and transportation sector in terms of applications registered the major revenue share in Middle East Video Surveillance Market – 6Wresearch

Government & Transportation segment dominated the market in the past few years and it would be the focal segment owing to consistently improving construction and events market along with new initiatives undertaken by the government to establish modern infrastructure and fund construction projects in the coming years that would lead to wider deployment of CCTV solutions across the region.

According to 6Wresearch, Middle East video surveillance market size is anticipated to grow at a CAGR of 4.2% during 2023-2029. Rising crime rate is one of the major factors spurring the overall demand for video surveillance systems in the region. With growing need for intelligent security system and rising government initiatives, the video surveillance market has been gaining traction in the recent years. General rise in awareness about the private and professional space security provisions would also propel the demand for video surveillance systems over the coming years.  In the past, the deployment of video surveillance systems was confined to commercial sector and government offices. However, with an increase in government spending towards better security and safety solutions, city surveillance in general has gained importance as it has been mandated by the government in several countries to install surveillance cameras at all public places such as parking lots, auditoriums, hotels, theatres and other such facilities. Thus, the demand for video surveillance systems would rise in near future to curb down the impact of violent crimes in the countries. The increasing pace of technology adoption in the Middle East region, including deployment of remote-work tools and migration to the cloud, has made many enterprises operate more efficiently. The downside however is that it has also made enterprises more vulnerable to cyber-attacks.

According to Abhishek Mishra, Senior Research Analyst, 6Wresearch, the government of several countries such as UAE and Saudi Arabia are focusing to improve security system in countries which include demand for longer video retention as well as less downtime and loss of video situation, these factors would further spur the demand for video surveillance systems in the region over the coming years.

The Middle East Video Surveillance Market (2023-2029) report provides an in-depth analysis with 95 figures and 50 tables, covered in 176 pages. The report comprehensively covers the market by components, applications, and countries. The report provides a detailed as well as unbiased analysis of the on-going drivers, opportunities/high growth areas, and trends of the sector which are projected to support the stakeholders to align as well as devise their market strategies as per to the latest and future market dynamics.