According to recent findings, the GCC Video Surveillance Market is projected to grow at a CAGR of around 6% during the forecast period, i.e., 2023-28.

At MarkNtel Advisors, we continuously monitor and analyze industry trends to provide reliable insights that support informed decision-making and the key factors contributing to the market's promising outlook.

GCC Video Surveillance Overview:

The growth of the market is attributed to rising concerns of customers regarding safety, a boost in the construction sector, and an increase in IT spending. Moreover, mandatory installation of video surveillance systems in countries such as Saudi Arabia and the UAE, a rise in crime rate, escalating FDI and government spending, and growing tourism are some of the factors leading to the growth of the market in the forecast period.

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GCC Video Surveillance Outlook and Future Trends :

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. 

Global GCC Video Surveillance 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

According to reports,Among all the components, the Camera held a considerable share in the GCC Video Surveillance market during 2018-2022.

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

According to reports,Based on end users, the commercial segment acquired a significant market share in the GCC video surveillance market in the historical years. 

By Country

  • Saudi Arabia
  • The UAE
  • Qatar
  • Kuwait
  • Bahrain
  •  

According to reports, Among all the nations, the UAE is expected to acquire a significant share of the GCC Video Surveillance market in the forecast years. 

For deeper insights into the market, explore the summary of the research report – https://www.marknteladvisors.com/research-library/gcc-video-surveillance-market.html

Some of the Market players in the Global GCC Video Surveillance are:

  • 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.

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Key Highlights of the Report – Unlock Valuable Market Insights

  • Market Size, Share & Future Projections – Understand the current market dimensions and forecasted growth trajectory.
  • In-Depth Pricing Analysis – Get clarity on pricing trends and cost structures across segments.
  • Company Strategies & Developments – Discover recent mergers, acquisitions, partnerships, and innovations.
  • Key Stakeholders & Value Chain Insights – Identify the main players and their roles within the industry ecosystem.
  • Import & Export Dynamics – Analyze global trade flows, regional export trends, and supply chain movements.
  • Competitive Benchmarking – Gain a clear view of the leading companies and their market positioning.
  • Emerging Growth Opportunities – Spot untapped areas and niche markets for potential investment.
  • Market Trends & Growth Drivers – Stay ahead with insights into evolving consumer behavior and industry indicators.

Research Methodology Summary

A systematic approach is used to ensure accurate market insights, combining both bottom-up and top-down methods. Data triangulation validates findings from multiple angles.

Key Steps:

  • Define objectives and research design
  • Collect data through surveys and interviews
  • Analyze and validate data using reliable tools
  • Forecast trends and deliver actionable insights

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