Research Shows Saudi Arabia Electronic Security Market Set to Expand by 10.2% CAGR until 2028

Research Shows Saudi Arabia Electronic Security Market Set to Expand by 10.2% CAGR until 2028	\|
	Wednesday, September 18, 2024

Author: Sonu Bhatt

This comprehensive Saudi Arabia Electronic Security Market report by “MarkNtel Advisors: Leading Market research Company” offers valuable insights into the current and future market landscape, providing clarity on potential challenges and strategies for optimal brand positioning. It features detailed market segmentation, in-depth analysis of key market players, emerging trends in consumer behavior and supply chain dynamics, and opportunities in new geographical markets. With the insights from this report, you can manage your marketing strategies for goods and services more effectively.

“According to recent market analysis report, the Saudi Arabia Electronic Security Market Size is expected to grow at a CAGR of 10.2% during the forecast period of 2023 to 2028.”

“In case you missed it, we are currently revising our reports. Click on the below to get the most latest research data with forecasts for years 2024 to 2030, including market size, industry trends, and competitive analysis. It wouldn’t take long for the team to deliver the most recent version of the report.”

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Market Segment Highlights:

By Component

By Hardware
- Video Surveillance Security System
  - Cameras
    - Analog Cameras
    - IP Cameras
    - Thermal Cameras
  - LCD & LED Monitors
  - Storage Devices
    - Digital video recorder (DVR)
    - Network video recorder (NVR)
    - Direct-attached storage devices
    - Network-attached storage devices
    - Others (Hybrid video recorders, IP storage area network, etc.)
  - Others (Networking Equipment, Video Decoders & Encoders, etc.)
- Fire Detection & Alarming System
  - Alarm Panels & Intrusion Detectors
  - Gas & Flame Detectors
  - Security Radars
  - Others (Emergency Alarms, Bells, Voice Alarm Evacuation System, etc.)
- Access Control & Attendance System
  - Card Readers
  - Electrical Locks
  - Biometric Readers (Fingerprint Terminals, Face Recognition Terminals, etc.)
  - Others (Controllers, Keypads, etc.)
- Intelligent Systems
  - Motion Detection Systems
  - People Counters
  - Others (Audio & Video Alert Systems, License Plate Readers, etc.)
- Others (Anti-Theft Systems, Scanning & Inspection Equipment, etc.)
By Software
- Video Management Software
- Video Surveillance as a Service (VSaaS)
- Data Management Software
- Analytics Software
By Services
- Training & Consulting
- Installation & Integration
- Maintenance & Support

By Deployment Mode

On-premise
Cloud
Hybrid

By End-User

Commercial
Residential
Military & Defense

Here, the commercial sector is projected to acquire a notable share of the Saudi Arabia Electronic Security Market during 2023-28. With the mounting influx of foreign investments and growing government efforts toward diversifying the economy from oil & gas, the country is witnessing an increasing number of infrastructure developments and various ongoing & upcoming building & construction projects associated with airports, railway & road networks, hotels, shopping malls, corporate spaces, etc.

Saudi Arabia Electronic Security Market Geographical Outlook:

Central
East
West
South

Explore the Full Report with Charts, Table of Contents, and List of Figures – https://www.marknteladvisors.com/research-library/saudi-arabia-electronic-security-market.html

Saudi Arabia Electronic Security Market Competition Analysis:

Some of the top Saudi Arabia Electronic Security companies operating in the market are Axis Communications FZE, Hikvision FZE, Honeywell Security, Dahua Technology Middle East FZE, Sony Gulf FZE Limited, Avigilon Corporation, Pelco by Schneider Electric, Hanwha Techwin, IDIS Middle East, FLIR Systems, Middle East FZE, Others (AEcom Group, VIVOTEK Inc., etc..

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