2023 Saudi Arabia Video Surveillance Market Industry Environment Development Trend & Forecast Report – iCrowdNewswire
 

Dec 7, 2017 12:24 PM ET

2023 Saudi Arabia Video Surveillance Market Industry Environment Development Trend & Forecast Report

iCrowdNewswire - Dec 7, 2017

Saudi Arabia Video Surveillance Market (2017-2023): Market Forecast By Segments (Analog Based Surveillance System (Analog, DVR and Software), IP Based Surveillance System (IP, NVR and Encoders/ Decoders), Surveillance System Software (Video Analytics software, Video Management Software and Other Video Surveillance Software)), By Verticals (Banking & Financial, Retail & Logistics, Commercial Offices, Industries, Industrial & Manufacturing, Residential, Hospitality & Healthcare and Educational Institutions), By Regions (Northern, Western, Central and Southern) and Competitive Landscape

During 2014-16, Saudi Arabia’s video surveillance market registered a decline owing to deteriorating economic conditions, primarily due to slump in oil prices. During this period, major government spending were cut down, resulting into halt in several government projects in the country. Over the next six years, the video surveillance market in Saudi Arabia is likely to register positive growth buoyed by increasing infrastructural projects, upcoming hotels & shopping malls, along with increasing inflow of FDI in the construction sector.

Saudi Arabia Video Surveillance market is projected to reach $163 million by 2023. Saudi Arabia market registered a decline in demand during 2014-16 due to deteriorating economic conditions owing to fall in oil prices; resulting in the overall decline in government spending. The market is anticipated to bounce back with recovery of oil prices post 2017. Also, growing security concerns and rising crime rate in Saudi Arabia are further expected to propel the growth of video surveillance market during the forecast period. Among all the verticals, government & transportation acquired highest revenue share of the market. Over the next six years, hospitality & healthcare and education verticals are forecast to grow at a higher CAGR during 2017-23.

In the Saudi Arabia, Central region held major market for video surveillance systems in terms of revenues, on the back of increasing infrastructure development activities, especially in the commercial and residential verticals. Additionally, the central region is expected to maintain its market share during the forecast period as well.

The report thoroughly covers the market by video surveillance types, by verticals and regions. The report provides an unbiased and detailed analysis of the on-going trends, opportunities/ high growth areas, market drivers, which would help the stakeholders to device and align market strategies according to the current and future market dynamics.

To browse the full report click the link below: http://www.marketreportsonsaudiarabia.com/consumer-goods-market-research-reports-3044/saudi-arabia-video-surveillance.html

Key Highlights of the Report
• Historical data of Global Video Surveillance Market for the Period 2014-2016
• Market Size & Forecast of Global Video Surveillance Market until 2023
• Market Size & Forecast of Saudi Arabia Video Surveillance Revenues & Volume Market until 2023
• Historic data of Saudi Arabia Analog Video Surveillance Market Revenues and Volume 2014-2016
• Market Size & Forecast of Saudi Arabia Analog Video Surveillance Revenues & Volume Market until 2023
• Historic data of Saudi Arabia IP Video Surveillance Market Revenues and Volume 2014-2016
• Market Size & Forecast of Saudi Arabia IP Video Surveillance Revenues & Volume Market until 2023
• Historic data of Saudi Arabia Video Surveillance Software Market Revenues 2014-2016
• Market Size & Forecast of Saudi Arabia Video Surveillance Software Market Revenues until 2023
• Historical data and Forecast of Saudi Arabia Video Surveillance Market, By Verticals and Regions
• Historical data and Forecast of Saudi Arabia Video Surveillance Market, By Regions
• Market Drivers and Restraints
• Competitive Landscape and Company Profiles
• Key Strategic Pointers

Markets Covered
The report provides detailed analysis of the following market segments:

• By Segments
– Analog Based Surveillance System
? Analog Cameras
? DVR
? Software
– IP Based Surveillance System
? IP Camera
? NVR
? Encoders/ Decoders
– Surveillance System Software
? Video Analytics software
? Video Management Software
? Other Video surveillance software

• By Verticals
– Banking & Financial
– Government & Transportation
– Retail & Logistics
– Commercial Offices
– Industries
– Industrial & Manufacturing
– Residential
– Hospitality & Healthcare
– Educational Institutions

• By Regions
– Central Region
– Southern Region
– Northern Region
– Western Region

To see the related report, click the link below: Consumer Goods Market Research Reports

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