Saudi Arabia Intrusion Detection Market (2017-2023): Market Forecast By Installations (Indoor and Outdoor), By Technology (Fiber Optics Sensors, Microwave Sensors and Infrared Sensors), By Verticals (Banking & Financial, Government & Transportation, Commercial, Industrial & Manufacturing, Residential, Hospitality & Healthcare and Others), By Regions (Eastern, Western, Central and Southern) and Competitive Landscape
Saudi Arabia’s intrusion detection market declined during 2014-16, owing to deteriorating economic conditions, primarily due to slump in oil prices and halt in several government projects in the country. Over the next six years, the intrusion detection 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 as well as set up of new large and medium enterprises.
Saudi Arabia Intrusion Detection market is projected to grow at a CAGR of 18.1% during 2017-23. Intrusion detection market registered a steady growth until 2014, however, the market declined after 2014 due to slump in oil prices, resulting in reduced government spending across various sectors. Though, the market would recover post 2017 due to expected rise in oil prices, ensuing increased government spending to support establishment of new industries related to IT and infrastructural development projects.
The Central region accounted for largest revenue share, followed by the Eastern region in 2016. Growing installation in the commercial vertical would result in an increase in deployment of intrusion detection system in the region. Some of the key players in Saudi Arabia intrusion detection systems market include-Alhamrani Universal Company Limited, Arecont Vision LLC, Azad Tech, Bosch Security Systems, Honeywell, Interlogix, Optex Group, Pelco, Siemens Ltd, Tyco Electronics Corporation.
The report thoroughly covers the Saudi Arabia Intrusion Detection market by types, installation, technology, 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 their market strategies according to the current and future market dynamics.
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Key Highlights of the Report
• Historical data of Global Intrusion Detection Market for the Period 2014-2016
• Market Size & Forecast of Global Intrusion Detection Market until 2023
• Historic data of Saudi Arabia Intrusion Detection Hardware Market Revenues 2014-2016.
• Market Size & Forecast of Saudi Arabia Intrusion Detection Hardware Revenues Market until 2023
• Historic data of Saudi Arabia Intrusion Detection Software Market Revenues 2014-2016.
• Market Size & Forecast of Saudi Arabia Intrusion Detection Software Revenues Market until 2023
• Historic data of Saudi Arabia Intrusion Detection Market Revenues, By technology 2014-2016.
• Market Size & Forecast of Saudi Arabia Intrusion Detection Market Revenues, By technology until 2023
• Historic data of Saudi Arabia Intrusion Detection Software Market Revenues, By Verticals 2014-2016.
• Market Size & Forecast of Saudi Arabia Intrusion Detection Software Market Revenues, By Verticals until 2023
• Historical data and Forecast of Saudi Arabia Intrusion Detection Market, By Regions
• Market Drivers and Restraints
• Players Market Share and Competitive Landscape
The report provides detailed analysis of the following market segments:
• By Installations:
• By Technology:
– Fiber Optics Sensors
– Microwave Sensors
– Infrared Sensors
• By Verticals:
– Banking & Financial
– Government & Transportation
– Industrial & Manufacturing
– Hospitality & Healthcare
• By Regions:
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