Quick Overview of the UAE Video Surveillance Market Analysis
The objective of the UAE Video Surveillance Market Research Report is to provide a detailed and useful data, and a geographical perspective for predictions of future. The recommendations included in the report are supposed to be insightful and actionable, offering a thorough understanding of the industry. Moreover, it includes a comprehensive table of contents, relevant data, and an analysis of numerous important aspects that have impacted the market.
According to the latest report analysis by MarkNtel Advisors, the UAE Video Surveillance Market is projected to grow at a CAGR of around 4.35% during the forecast period, i.e., 2023-28. This detailed study provides a detailed overview of the current market state, including market trends, opportunities, along with the recent developments. In-depth analysis of market share, size, forecast, and competitive landscape is also covered in this report that presents a clear picture of the industry with relevant statistical data.
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Latest Restraint Contributing in the UAE Video Surveillance Industry:
UAE Video Surveillance Market Possible Restraint:
Risks Associated with Cybersecurity to Hamper the Market Growth – Cybersecurity risk associated with overall video surveillance systems is deterring the growth of the UAE market. Hacking tools have now become easier to use, enabling hackers to take advantage during various occasions such as mega-events like new year celebrations & other holiday seasons. Some of the vulnerabilities that have been negatively impacting the market growth are weak, reused, or infrequently changed passwords leading to the occurrence of cyber breaches in various public & private institutions, including residential apartments, commercial spaces, etc. Some hacking cases related to video surveillance that are reported during the past period in the UAE are also presumed to exist in the years ahead, thus would impede the market expansion.
A Detailed Outlook of UAE Video Surveillance Market Segmentation
The Market Segmentation analysis provides and accurate data of the industry to help the analysts make smart strategic investment decisions. Also, the prediction of the market is included for national, and level in the research. The study analyses latest trends of the industry from 2023-28 for each of the category. Different segments were used to classify the market for this study are listed below:
-By Component
- Camera
- Monitor
-By Media
- Storage
- Software
- Accessories
-By Connectivity Type
- Wired- Market Size & Forecast 2018-2028F, USD Million
- Wireless- Market Size & Forecast 2018-2028F, USD Million
-By Services
- Video Surveillance as a Service- Market Size & Forecast 2018-2028F, USD Million
-By End User- Market Size & Forecast 2018-2028F, USD Million
- Infrastructure
- Commercial
- Residential
- Industrial
- Institutional
Explore Our Comprehensive Study: https://www.marknteladvisors.com/research-library/uae-video-surveillance-market.html
Geographical Analysis:
-By Region
- Dubai
- Abu Dhabi & Al Ain
- Sharjah & Northern Emirates
Among all, Dubai has held the major market share for video surveillance cameras with an increased focus on security due to the relatively higher population & migrant inflow in the UAE. The UAE embraces a large number of tourists from all over the world, underscoring the necessity of ensuring safety & security systems. According to the Department of Economy and Tourism (DET), Dubai received nearly 14.36 million tourists in 2022, which is around 97% higher than the 7.28 million tourist arrival in 2021. The number of tourists is further expected to grow with the government’s policies to diversify the economy from oil & gas to other financial & tourism-based avenues. Dubai has also planned to complete its USD33 billion expansion of DWC airport to handle nearly 130 million passengers by 2024. Thus, with the increased investment for infrastructure, developed & supported by the rising tourism, Dubai is anticipated to hold a considerable share of the UAE Video Surveillance market during the forecast period.
Lead the UAE Video Surveillance Market with a Deep Evaluation of the Competition
This report also includes accurate facts, figures, and market data into income assessments, and projections in the industry by using a wide range of statistical tools and knowledge about the market by the experts. Each notable market participant has a SWOT evaluation, a profile and a complementary Porter’s Five Forces analysis.
Moreover, to take the benefits of new opportunities, dominating players have been constantly realigning their systems, and methods of operation. We also evaluate major businesses that are influences on a geographical scale along with the small and medium-sized businesses that plays crucial role and have substantial opportunity for expansion in order to accurately reflect the levels of market competition.
The details on the following key players is presented in this section as:
- Aavigilon Corporation
- Axis Communication
- Hanwa Techwin Middle East FZE
- Honeywell International Inc.
- Bosch Security System Inc.
- CP Plus FZE
- Zhejiang Dahua Technology Co. Ltd.
- Hangzhou Hikvision Digital Technology Co. Ltd.
- Pelco Inc.
- Huawei Technologies
- Others
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Key Report Highlights
- Market Dimensions & Projections
- Pricing Evaluation,
- Recent Strategic Moves by Companies,
- Primary Stakeholders,
- Analysis of Import and Export Trends,
- Competitive Landscape Assessment,
- Emerging Opportunities,
- Market Trends and Indicators
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