The latest report by MarkNtel Advisors, titled “UAE Video Surveillance Market” Size study report 2023-28 provides an in-depth examination of revenue growth, market definition, segmentation, industry potential, and influential trends to help comprehend the market’s future outlook and existing prospects. UAE Video Surveillance Market Share, Size, and Industry Analysis. 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 9Video Content Analytics, Video Management Software, Accessories (Cables, Encoders)), By End User (Infrastructure, Commercial, Residential, Industrial, Institutional), By Service (Video Surveillance as a Service (Managed Service, Hosted Service, Hybrid Service)),.The UAE Video Surveillance market is projected to grow at a CAGR of around 4.35% during the forecast period, i.e., 2023-28.
Key Highlights of the Market Report:
- Detailed overview of the market share
- Changing market dynamics of the industry
- In-depth market segmentation
- Historical, current and projected market size in terms of volume and value
- Recent industry trends and developments
- Competitive landscape of UAE Video Surveillance Market
- Strategies of key players and product offerings
- Potential and niche segments/regions exhibiting promising market growth
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UAE Video Surveillance Market Key Driver:
Enhanced Strategies for Commercial Sector Development Plans – The government of the UAE has 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 plan is aimed at enhancing the non-oil economy sectors, such as hospitality, retail, etc., to fulfill the needs of the population of the UAE & to assure sustainable evolution even after the exhaustion of oil reserves. Therefore, the government is investing & encouraging public-private partnerships for development in the sectors such as residential, commercial, and industrial.
Thus, the ongoing construction projects like Ain Dubai, The Royal Atlantis, and others have generated the demand for video surveillance cameras since the government has mandated the installation of surveillance cameras for all the construction sites as per the directive circular published by the Dubai Municipality’s Code of Constructions Safety Practice in 2016. Henceforth, with the upscaling of infrastructure projects, the sales of video surveillance components & solutions have been significantly rising in the UAE.
UAE Video Surveillance Market Segmentation
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
–Managed Services
–Hosted Services
–Hybrid Services
By End User
-Infrastructure
-Commercial
-Residential
-Industrial
-Institutional
By Region
-Dubai
-Abu Dhabi & Al Ain
-Sharjah & Northern Emirates
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Major Key Players in UAE Video Surveillance Market research report:
Zhejiang Dahua Technology Co. Ltd.
-Business Description
-Product Portfolio
-Strategic Alliances or Partnerships
-Recent Developments
-Financial Details
-Others
Hangzhou Hikvision Digital Technology Co. Ltd.
-Business Description
-Product Portfolio
-Strategic Alliances or Partnerships
-Recent Developments
-Financial Details
-Others
Pelco Inc.
-Business Description
-Product Portfolio
-Strategic Alliances or Partnerships
-Recent Developments
-Financial Details
-Others
Huawei Technologies
-Business Description
-Product Portfolio
-Strategic Alliances or Partnerships
-Recent Developments
-Financial Details
-Others
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