UAE Video Surveillance Market Share, Size and Future Projections 2023-2028FY

UAE Video Surveillance Market Overview and Insights:

UAE Video Surveillance Market research is an ongoing process. Consistent monitoring and evaluating of market dynamics to stay informed and adapt your strategies accordingly. As a market research and consulting firm, we offer market research reports that focus on major parameters including Target Market Identification, Customer Needs and Preferences, Thorough Competitor Analysis, Market Size Market Analysis, and other major factors. At the end, we do provide meaningful insights and actionable recommendations that inform decision-making and strategy development.

What is the Future Market Size of the UAE Video Surveillance Industry and its Yearly Growth Rate?

The UAE Video Surveillance Market is projected to grow at a CAGR of around 4.35% during the forecast period, i.e., 2023-28. With the rapid urbanization increasing population density, public safety security have become key issues for governments law enforcement agencies in the UAE, which has instigated the need for a proper video surveillance system to avoid any security threats. The use of this system in public places such as airports, train stations, and shopping malls has become increasingly common, and there is a growing demand for solutions that could monitor secure these areas. Thus, the rising concerns about public safety security are driving the adoption of these solutions in the UAE are expected to lead the market growth during the upcoming years as well. Along with this, the country capitalized the video surveillance technologies to curb the COVID-19 impact, where the UAE government installed surveillance cameras in the emirates to raise the detection rates of COVID-19.

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Who are the Main Competitors Driving the UAE Video Surveillance Market Forward?

The prominent players essentially operating in the UAE Video Surveillance Market are as follows:

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

What are the key Drivers Defining the UAE Video Surveillance Market Size?

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.

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What is the Segmentation of the UAE Video Surveillance Market?

The UAE Video Surveillance market covered in this report is segmented –

By Component
- Camera
  - By Type
    - Analog Camera- Market Size Forecast 2018-2028F, USD Million
    - IP Camera- Market Size Forecast 2018-2028F, USD Million
    - Fixed Camera- Market Size Forecast 2018-2028F, USD Million
    - Pan/Tilt/Zoom (PAT) Camera- Market Size Forecast 2018-2028F, USD Million
    - Other (Thermal, Panoramic, etc.)- Market Size Forecast 2018-2028F, USD Million
  - Resolution- Market Size Forecast 2018-2028F, USD Million
    - Standard Resolution- Market Size Forecast 2018-2028F, USD Million
    - Megapixel Network Camera- Market Size Forecast 2018-2028F, USD Million
    - High Definition Camera- Market Size Forecast 2018-2028F, USD Million
  - Monitor
    - LCD- Market Size Forecast 2018-2028F, USD Million
    - LED- Market Size Forecast 2018-2028F, USD Million
    - Others- Market Size Forecast 2018-2028F, USD Million
  - By Media
    - Hard Disk Drive- Market Size Forecast 2018-2028F, USD Million
    - Solid State Drive- Market Size Forecast 2018-2028F, USD Million
    - Optical Storage Media- Market Size Forecast 2018-2028F, USD Million
  - Storage
    - Storage Area Network- Market Size Forecast 2018-2028F, USD Million
    - Direct Attached Storage- Market Size Forecast 2018-2028F, USD Million
    - Network Video Recorder - Market Size Forecast 2018-2028F, USD Million
    - Network Attached Storage- Market Size Forecast 2018-2028F, USD Million
    - Digital Video Recorder- Market Size Forecast 2018-2028F, USD Million
    - Unified or Hybrid Storage- Market Size Forecast 2018-2028F, USD Million
  - Software
    - Video Content Analytics- Market Size Forecast 2018-2028F, USD Million
    - Video Management Software- Market Size Forecast 2018-2028F, USD Million
  - Accessories
    - Cables- Market Size Forecast 2018-2028F, USD Million
    - Encoders- Market Size Forecast 2018-2028F, USD Million

Among all, Cameras held a considerable share of the UAE Video Surveillance market during 2018-22. The adoption of IP cameras in the UAE has been driven by the growing demand for high-definition systems, as well as the need for more flexible cost-effective surveillance solutions.

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
- End User- Market Size Forecast 2018-2028F, USD Million
  - Infrastructure
  - Commercial
  - Residential
  - Industrial
  - Institutional
- By Region
  - Dubai
  - Abu Dhabi Al Ain
  - Sharjah Northern Emirates

Key Questions Answered in the Research Report

What is the predicted UAE Video Surveillance market size and growth rate for the years 2023-28?
What challenges are restricting the growth of the UAE Video Surveillance market?
Which segment accounted for the largest market share in the UAE Video Surveillance market?
Which prominent companies are leading growth in the UAE Video Surveillance market?
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