DUBLIN--(BUSINESS WIRE)--Research and Markets (http://www.researchandmarkets.com/research/72zj3b/saudi_arabia_cctv) has announced the addition of the "Saudi Arabia CCTV Market Forecast and Opportunities, 2019" report to their offering.
The market revenues of Saudi Arabia CCTV market are forecast to grow at a CAGR of around 23% during 2014-19
Saudi Arabia is emerging one of the fastest growing CCTV markets in Middle-East region. The demand for CCTV has increased on account of rising government initiatives, increasing IT spending, growth of hospitality sector and increasing IP infrastructure in the country. Saudi Arabia is an import driven country in electronic security systems market, where CCTV are primarily imported from countries such as China, Japan, US, Thailand, and Taiwan.
Saudi Arabia CCTV market is dominated by analog based CCTV systems, which accounted for majority of market share in 2013. Analog based CCTV systems are being preferred due to their ease of installation and low cost. However, the country's CCTV market is witnessing a gradual shift towards IP based CCTV systems due to growing IP infrastructure in the country coupled with various benefits offered by these systems, such as remote monitoring capability, high reliability and easy accessibility through smart devices including tablets and smartphones. The Central region in Saudi Arabia holds the largest market share, in terms of revenue, with major cities such as Riyadh, Jeddah, Mecca and Medina driving the country's CCTV demand. Technology improvements such as emergence of network/IP based CCTV systems and various other advancements in terms of cameras, software, storage devices, etc. are expected to further support the market's growth trajectory.
The key topics covered by this report include:
- Emergence of IP/Network Based CCTV Cameras
- Increasing IT Spending
- Emergence of VSaaS as a Technology
- Emergence of High Definition CCTV Cameras
- Foreign Investments
- Import Dominated Market
Key Topics Covered:
1. Research Methodology
2. Analyst Briefing
3. Global CCTV Market Overview
4. Saudi Arabia CCTV Market Outlook
5. Saudi Arabia IP CCTV Market Outlook
6. Saudi Arabia Analog CCTV Market Outlook
7. Saudi Arabia CCTV Market Dynamics
8. Saudi Arabia CCTV Market Trends & Developments
9. Saudi Arabia CCTV Market Import Statistics
10. Saudi Arabia Economic Outlook
11. Saudi Arabia CCTV Market Competitive Landscape
12. Strategic Recommendations
- Axis Communications AB
- Bosch Security Systems Inc.
- Cisco Systems, Inc.
- Competition Matrix
- D-Link Corporation
- Honeywell International, Inc.
- Mobotix AG
- Pelco Inc.
- Samsung Techwin Co., Ltd.
For more information visit http://www.researchandmarkets.com/research/72zj3b/saudi_arabia_cctv