Increased investment in Electronic Security Devices is Mainly Guided by the Increased Concern for Security and Safety of the Residents, Visitors, and Assets in the KSA

Saudi Arabia is an oil rich country and in the past few years, sectors such as retail, hospitality and others have expanded their operation attracting tourists and foreign investments. Growing expat population, tourists, and investment in infrastructure was the key reason for growth of retail and hospitality sector. Saudi Arabia electronic security market had grown…

Future Mega Events, such as the 2020 World Expo and the 2022 Football World Cup are Expected to be Key Drivers for Spiked Demand for Electronic Security Equipments in the Region

Hajj is the annual Islamic pilgrimage to Mecca; a holy city of Muslims attracts millions of pilgrims every year. In 2013, Saudi Arabia government installed 1,700 CCTV cameras to monitor the crowd during this 5 day event. There was high demand for quality apartments in Riyadh due to rising expatriates in the city and new…

Saudi Arabia Electronic Security Market Outlook to 2021 – Growth Driven by Video Surveillance Systems and Upgradation to New Technologies-Ken Research

Ken Research latest Report on  “Saudi Arabia Electronic Security Market Outlook to 2021 – Growth Driven by Video Surveillance Systems and Upgradation to New Technologies” provides a comprehensive analysis of electronic security market in Middle East. The report focuses on overall market size for sale of electronic security equipments in Saudi Arabia and Middle East…

Diversification of Economy from Oil Based Industries, Managing Hajj pilgrims is Expected to Boost Demand for Saudi Arabia Electronic Security Market: Ken Research

Share of access control devices is expected to increase in future as smart technologies and building management system gain importance. Improving technology and customer willingness to pay premium for quality products will help in augmenting market revenue. Government keen interest to sustain the economic growth by diversifying industry base will lead to investment in electronic…

Investment in Infrastructure for Homeland Security Along with Safety Concerns to Drive the Middle East Electronic Security Market: Ken Research

Strict implementation of regulatory norms, looming security threats and improved awareness about benefits of using electronic security devices were the key factors driving the demand for electronic security devices in the Middle East. Middle East countries are oil rich countries and in the past few years have significantly diversified their economy to other sectors such…

Changing Government Regulation and Diversification of Economy from Oil Based Industries is Expected to Boost Demand for Middle Electronic Security Market: Ken Research

Middle East electronic security market is expected to generate positive growth in revenue. Share of fire alarm system and access control devices is expected to increase in future as smart technologies gain importance. Improving technology and customer willingness to pay premium for quality products will help in augmenting market revenue. Government keen interest to sustain…