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GCC Video Surveillance Market Overview: 2023-2028
Base Year: 2022
Historical Years: 2018-21
Forecast Years: 2023-2028
The GCC Video Surveillance Market reports delivers an in-depth assessment of market size, share, and emerging trends, offering valuable insights into growth opportunities. It examines market segmentation and definitions, highlighting core components and key drivers of expansion. By applying SWOT and PESTEL analyses, the study evaluates the sector’s strengths, weaknesses, opportunities, and threats, while also considering political, economic, social, technological, environmental, and legal factors. Expert reviews of competitor strategies and recent developments provide a clearer view of regional dynamics and future market trajectories, establishing a strong foundation for strategic planning and informed investment decisions.
What will be the market size of GCC Video Surveillance market 2028?
The GCC Video Surveillance Market is projected to grow at a CAGR of around 6% during the forecast period, i.e., 2023-28.
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Who are the top companies operating in the GCC Video Surveillance market?
The report features prominent companies operating in the GCC Video Surveillance market and the successful strategies they have adopted. It also provides detailed insights into each company’s market share and their role in driving the industry’s growth. As per MarkNtel Advisors, top companies in GCC Video Surveillance market: Axis Communication, Bosch Security Systems, Canon, Hangzhou Hikvision, Hanwha Techwin, Honeywell, Pelco, Huawei Technologies, Flir Systems, CP Plus, Cisco Systems, Zhejiang Dahua Technology, Panasonic Corporation, Others.
What is the key factor projected to fuel growth in the GCC Video Surveillance Market between 2023 and 2028?
Key Driver: Increasing Commercial Sector Development to Fuel the Market Growth
The governments in the UAE, Qatar, Saudi Arabia, Kuwait, etc., have been primarily focusing on the development of the commercial sector of the country intending to shift the base of its economy to the non-oil-based sector. The diversification plans are aimed at developing the non-oil economy sectors such as hospitality, retail, etc., to fulfill the needs of the population of their countries and to assure sustainable development even after the exhaustion of oil reserves. Therefore, the governments are investing and encouraging public-private partnerships for development in the sectors such as residential, commercial, and industrial.
Hence, ongoing construction projects such as Ain Dubai, The Royal Atlantis, Al Jahra, Riyadh, Doha, etc., have generated the demand for video surveillance cameras. Henceforth, with the upscaling of infrastructure projects, the sales of video surveillance components and solutions have been significantly rising in the region.
GCC Video Surveillance Market - Segmentation Analysis
By Component
-Camera
By Type
-Analog Camera
-IP Camera
-Fixed Camera
-Pan/Tilt/Zoom(PTZ) Cameras
-Others (Thermal, Panoramic, etc.)
By Resolution
-Standard Resolution
-Megapixel Network Camera
-High Definition Camera
-Monitor
-LCD
-LED
-Others
Media
-Hard Disk Drive (HDD)
-Solid State Drives (SSD)
-Optical Storage Media
Storage
-Storage Area Network
-Direct Attached Storage
-Network Video Recorder
-Network Attached Storage
-Digital Video Recorder
-Unified or Hybrid Storage
Software
-Video Content Analytics
-Video Management Software
-Accessories
-Cables
-Encoders
By Connectivity Type
-Wired
-Wireless
By Service
-Video Surveillance as a Service
-Managed Service
-Hosted Service
-Hybrid Service
By End Users
-Infrastructure
-Commercial
-Residential
-Industrial
-Institutional
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How does the GCC Video Surveillance Market vary across different geography?
By Country
-Saudi Arabia
-The UAE
-Qatar
-Kuwait
-Bahrain
-Oman.
This Section cover detailed analysis of revenue, market share and growth rate, historical data (2020-23) and forecast (2023-2028) of the following segmentation and geography.
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Comprehensive Table of Contents – GCC Video Surveillance Market Analysis and Forecast,
2023-2028
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