Middle-East Electronics Security Market 2016
Rising Security Concerns and Increasing IT Spending Driving the Market
Contact:
Prijo Samuel
Senior Consultant: GlobalElectronics Security
+91.11.4302 4305
For Consulting Requirement:
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Middle-East electronics securitymarket is poised to grow at a healthyrate during the period 2015-2021.Major factors which are driving themarket include regulatory environmentand urge to diversify towards othersectors due to declining prices, andattracting investment along withcomplicated geopolitical location. Inthe Middle-East electronic securitymarket, Turkey accounted for thehighest revenue share in the overallmarket in 2014, followed by SaudiArabia, and UAE
Video surveillance systems accountedfor largest of the revenue share,followed by access control systems andintrusion detection systems. In thevideo surveillance segment, IP videosurveillance systems are trending inseveral Middle-East countries primarilyacross Turkey, UAE, Saudi Arabia,Kuwait and Qatar. Other keycontributing countries include- Israel,and Egypt
Amongst all the applications, theGovernment & Transportation sectoraccounted for the highest sharefollowed by Retail & Logistics.Commercial Offices, acquired lion’sshare in the overall market revenue inthe Middle-East market
Middle-East Electronics Security Market
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Al-Kuwait governorate region being the largest commercial hub in Kuwait, held largest
revenue share in the overall market. Demand for IP video surveillance systems continue
to proliferate over the coming years, owing to construction of three new cities. Growing
trend on hybrid video surveillance solutions and emergence of smart homes, resulting a
steep increase in network electronic security solutions. Banking & financial vertical to
grow nearly twofold by 2021 owing to shift from Analog to IP video surveillance systems.
On the contrary, the Government & Transportation vertical is likely to witness expansion
of Al-Farwaniya International Airport; $3.2 billion to be spent on this project
Country Wide Trends (1/2)
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Kuwait
Qatar
Qatar to register highest growth in the video surveillance systems market over the next
six years attributed to upcoming FIFA World Cup 2022; over $300 billion to be invested.
Qatar mandated installation of video surveillance systems at various verticals,
predominantly across the Government & Transportation, Retail and Banking. Upcoming
Lusail City to cite nearly $45 billion investment, further creating growth opportunities in
video surveillance market. IP video surveillance systems would be installed along the
Saudi Arabian & Qatar border
Saudi Arabia
SMEs accounted for majority of the demand for video surveillance systems in commercial
offices vertical. Around 6 new economic cities are expected over the coming years in
Saudi Arabia amounting for over $100 billion investment. Upcoming Makkah-Madinah
high speed railway and Riyadh metro project to register increase in demand for IP video
surveillance systems. Analog video surveillance systems to continue to witness further
decline over the next six years owing to demand for IP video surveillance systems in
major verticals, primarily across the Government & Transportation and Banking &
Financial verticals.
Rising terrorist attacks to further encourage the demand for video surveillance systems
in the Government & Transportation vertical. The Commercial offices vertical is
witnessing a shift in demand from Analog to IP video surveillance systems. Growing
trend on Pan-Tilt-Zoom (PTZ) HD surveillance cameras segment, exhibiting healthy
demand from Transportation and Retail vertical. Smart city projects in Elazig, Aradhan,
Kirsehir and Istanbul to drive the growth for video analytics software . Axis
Communications held highest market share
Country Wide Trends (2/2)
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Turkey
UAE
Upcoming World Expo 2020 to proliferate the demand for video surveillance systems
along with other security systems. Tourism industry to witness higher growth; nearly 25
million visitors are expected for this event. Government & Transportation vertical
accounted for majority of the market and would continue to register demand for video
surveillance systems over the next six years. Educational institutions vertical to record
higher growth over the coming years owing to government’s mandate on installing prime
security systems predominantly IP video surveillance systems
Iran
Iran registering increase in deployment of IP video surveillance systems after
government’s mandate on installing/ upgrading video surveillance systems in Banking &
Financial vertical. Iran witnessing increase in penetration of Chinese players in video
surveillance systems market. Various manufacturers have already commenced their
assembly units in various parts of Iran.
Market Structure
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Intrusion Detection System
Access Control
Video Surveillance
Middle-East electronic securitymarket has been divided into threesegment markets i.e. VideoSurveillance (Analog Surveillance,and DVRs, IP Surveillance Systems,and Software's), Access Control(Card Reader, Biometrics, andOthers) and Intrusion DetectionSystems.
Amongst all the vertical,Government & Transportationsector acquired lion’s share inoverall market revenue in theMiddle-East market. Over the nextsix years, verticals primarily,Government & Transportation andCommercial offices are anticipatedto grow with relatively higherCAGR during 2015 to 2021
Software (Video Analytics & VMS)
IP / Network
Analog
Keypad Readers
Biometrics
Card Readers (Contact and Contactless)
Electronic Door Locks
Automated Boom Barriers
Figure 1: Type of Electronics Security Systems
Regulatory Overview and Market Structure
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Figure 2: Market Structure and Regulatory Framework
Regulatory Authorities
Security Consultants
Technologyproviders
Systems Integrators/ Contractors
Consumers
Most of the GCC countries have regulations or draft regulation pertaining to theinstallations of CCTV which is further spreading to all the Middle-East countries. The mostcommon framework across all the countries in GCC is to be monitored under Ministry ofInterior (MOI) and its related agencies.
Bahrain Ministry of Interior
Saudi Arabia Ministry of Interior
UAE: Abu Dhabi’s Critical National Infrastructure Authority
UAE: Abu Dhabi Police
UAE: Abu Dhabi Municipality
UAE: Dubai Police Department of Protective Systems
National Assembly of Kuwait
Qatar – Ministry of Interior
Turkey – Ministry of Interior
The previous regulation requires installation of CCTV in critical areas such as ports andoffshore and onshore oil gas facilities. However current regulation mandates itsapplication in other sectors as well such as Banking & Finance, Government &Transportation, Retail & logistics, Commercial offices, Industrial & Manufacturing,Residential, Hospitality & Healthcare, and Educational institutions.
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Market Opportunity Assessment
76.5%
16.0%
7.5%
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With majority of the market has been captured by Turkey on account of increasing
penetration of video surveillance systems, followed by Saudi Arabia and UAE. Electronic
security market in Turkey is driven by growing IT infrastructure and rising physical
security requirements.
Video surveillance systems accounted for the largest of the revenue share, followed byaccess control systems and intrusion detection systems. In the video surveillance segment,IP video surveillance systems are trending across several Middle-Eastern countriesprimarily in Turkey, UAE, Saudi Arabia, Kuwait and Qatar. Other key contributingcountries include- Israel, and Egypt.
Figure 3: Market Opportunity Assessment By Sectors and Regions
2010 2015 2021F
Others
Kuwait
Qatar
UAE
Saudi Arabia
Turkey
Video Surveillance Systems Access Control Systems Intrusion Detection Systems
2021F
$0.71 Bn
$1.17 Bn
$2.29 Bn
CAGR 2010-15: 10.5% CAGR 2015-21F: 11.8%
70.8%
19.1%
10.1%
67.6%
20.5%
11.9%
2010 2015
Market Opportunity Assessment
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Kuwait Qatar
Saudi Arabia
Turkey
CAGR (2015-21)
12.5%
UAE
Others
Figure 4: Market Opportunity Assessment By Countries
The Government & Transportation vertical accounted for majority of the revenue share of
45% during 2014, primarily, owing to numerous government projects pertaining to public
infrastructure in Middle-East
In the forecast period, Government & Transportation vertical is estimated to witness an
increase in its revenue share, on account of upcoming projects such as Kuwait Metro, Doha
metro, Riyadh metro, Lusail City, Silk City, and Qatar FIFA World Cup 2022
CAGR (2015-21)
6.7%
CAGR (2015-21)
15.2%
CAGR (2015-21)
6.9%CAGR (2015-21)
10.7%
CAGR (2015-21)
14.4%
Application Mapping
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National Infrastructure (Homeland Security, Surveillance of City, Seaports and Airports
Critical Industrial Infrastructure such as Utilities ,Oil & Gas, Power and Energy
Commercial Projects (Business Towers, 5- Star Hotels, malls and others
Residential(Housing units and Apartments)
Analog Video Surveillance
IPSurveillance
Intrusion Detection
Access Control
Commonly present Limited Present Minimal Present
In the recent times, Middle-East Security Market has witnessed stringent regulationspertaining to the installation of electronics security devices. Unlike the Commercial andIndustrial sector, the residential sector still under penetrated in terms of installation.Over the last five years, Residential sector cited potential growth in video surveillancemarket attributed to increasing awareness, growing presence of Chinese players coupledwith rising security concerns
Figure 5: Opportunity Mapping By Application
Competitive Landscape
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CompaniesAnalog
CamerasIP
Cameras
Electronic Security Software
Intrusion Detection
Card Readers
BiometricsLocal (ME) Production
Arecont Vision
Avigilon
Axis Communications
Bosch SecuritySystems
FLIR Systems
Hikvision
Honeywell
IndigoVision
Milestone Systems
Panasonic
Pelco by Schneider Electric
Samsung Techwin --
Present Not Present
Figure 6: Competitive Benchmarking
• In Middle-East video surveillance market, around 15% of the revenue share has beenacquired by Axis Communications, Pelco and Bosch Security Systems
• Other major players include Honeywell, Hikvision, Panasonic and Samsungcontributing around 5% to the overall market revenues during 2014
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About Us
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Strength in Electronics Security
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Video Surveillance Access Control Intrusion Detection
6Wresearch has published over 150 reports in electronics security (Video Surveillance, Intrusion Detection and Access control) covering more than 100 countries
Video Surveillance, Access Control and Intrusion Detection Market (2015-2021)
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Middle East Video Surveillance Market
Saudi Arabia Video Surveillance Market
UAE Video Surveillance Market
Iran Video Surveillance Market
Turkey Video Surveillance Market
Qatar Video Surveillance Market
Kuwait Video Surveillance Market
Oman Video Surveillance Market
Saudi Arabia Access Control Market
UAE Access Control Market
Iran Access Control Market
Turkey Access Control Market
Qatar Access Control Market
Kuwait Access Control Market
Oman Access Control Market
Saudi Arabia Intrusion Detection Market
UAE Intrusion Detection Market
Iran Intrusion Detection Market
Turkey Intrusion Detection Market
Qatar Intrusion Detection Market
Kuwait Intrusion Detection Market
Oman Intrusion Detection Market
Africa Video Surveillance Market
Africa Access Control Market-
Nigeria Video Surveillance Market
Nigeria Access Control Market
Kenya Video Surveillance Market
Kenya Access Control Market
India Video Surveillance Market
India Access Control Market
Indonesia Access Control Market
Vietnam Access Control Market
Indonesia Video Surveillance Market
Vietnam Video Surveillance Market
Vietnam Intrusion Detection Market
Indonesia Intrusion Detection Market
Europe Intrusion Detection Market
Americas Intrusion Detection Market
Europe Video Surveillance Market
Americas Video Surveillance Market
Europe Access control Market
Americas Access Control Market
Mid
dle
Eas
t
Afr
ica
Asi
aE
uro
pe
and
Am
eric
as
Offerings
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