April 2017 UAE Electronic Security Market Outlook to 2021
Executive Summary
UAE Electronic Security Market – Creating Smart Surveillance , Safety and Security System to Drive Market Growth- Ken Research
Latest Ken Research Report titled “ UAE Electronic Security Market Outlook to 2021 – Creating Smart Surveillance , Safety and Security System to Drive Market Growth ” provides a comprehensive analysis of electronic security market in UAE . The report focuses on overall market size for sale of electronic security equipments in UAE , segmentation on the basis of type of product ( CCTV , intrusion alarm , access control , fire alarm and others ), sub-segmentation on the basis of technology and by sector of application . The report also covers major players , role of consultants and system integrators , decision making matrix , trends and developments . The report concludes with market projection for future and analyst recommendation highlighting the major opportunities and cautions . UAE is federation of seven emirates which includes Dubai and Abu Dhabi . In 2011 , UAE electronic security market was estimated at USD ~ million which increased to USD ~ million in 2016 . There are many big malls and shopping complexes in Dubai , Abu Dhabi and Sharjah . Dubai is the most important shopping destination in the country . UAE emirates have increased their investment in electronic surveillance to develop world class infrastructure that is on par with most developed countries in the world . Strict implementation of Abu Dhabi ' s International Fire Code , change in focus of the government to shift the economic activity from oil based economy , rise in demand for smart home solution , increase in the number of air passengers were some of the key factors driving the sale of electronic security devices . CCTV cameras used for electronic security were the key component for electronic security devices market in UAE . In 2016 , CCTV sales generated revenue of USD ~ million . IP based cameras are most popular . Fire alarm system constituted ~% of UAE electronic Security market in 2016 . Intrusion alarms accounted for ~% of electronic security system market in UAE and generated revenue of USD ~ million in 2016 . Access control system had market share of ~% on the basis of revenue in 2016 . Commercial office application has accounted for ~% share in access control market . Improved implementation of regulatory norms , growth of UAE ’ s economy and rise in per capita gross national income of local people and expats has leveraged the buying capacity of people . A significant proportion of investment in the country has been intended towards improving the quality of infrastructure . Increasing number of railway stations , airports , schools , colleges , hospitals , offices and shopping malls have urged the need of installing electronic security products . The companies and
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