The UAE Video Surveillance market is projected to grow at a CAGR of around 4.35% during the forecast period, i.e., 2023-28.
The UAE Video Surveillance Market reports delivers an in-depth assessment of market size, share, and emerging trends, offering valuable insights into growth opportunities. It examines market segmentation and definitions, highlighting core components and key drivers of expansion. By applying SWOT and PESTEL analyses, the study evaluates the sector’s strengths, weaknesses, opportunities, and threats, while also considering political, economic, social, technological, environmental, and legal factors. Expert reviews of competitor strategies and recent developments provide a clearer view of regional dynamics and future market trajectories, establishing a strong foundation for strategic planning and informed investment decisions.
What will be the market size of UAE Video Surveillance Market 2028?
The UAE Video Surveillance Market size is projected to grow at a CAGR of around 4.35% during the forecast period, i.e., 2023-28.
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Who are the top companies operating in the UAE Video Surveillance Market?
The report features prominent companies operating in the UAE Video Surveillance Market and the successful strategies they have adopted. It also provides detailed insights into each company’s market share and their role in driving the industry’s growth. As per MarkNtel Advisors, top companies in UAE Video Surveillance Market: Aavigilon Corporation Axis Communication Hanwha Techwin Middle East FZE Honeywell International Inc. Bosch Security System Inc. CP Plus FZE Zhejiang Dahua Technology Co. Ltd. Hangzhou Hikvision Digital Technology Co., Ltd. Pelco Inc. Huawei Technologies Others.
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What is the key factor projected to fuel growth in the UAE Video Surveillance Market between 2023 and 2028?
Enhanced Strategies for Commercial Sector Development Plans - The government of the UAE has 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 plan is aimed at enhancing the non-oil economy sectors, such as hospitality, retail, etc., to fulfill the needs of the population of the UAE & to assure sustainable evolution even after the exhaustion of oil reserves. Therefore, the government is investing & encouraging public-private partnerships for development in the sectors such as residential, commercial, and industrial.
Thus, the ongoing construction projects like Ain Dubai, The Royal Atlantis, and others have generated the demand for video surveillance cameras since the government has mandated the installation of surveillance cameras for all the construction sites as per the directive circular published by the Dubai Municipality's Code of Constructions Safety Practice in 2016. Henceforth, with the upscaling of infrastructure projects, the sales of video surveillance components & solutions have been significantly rising in the UAE.
UAE Video Surveillance Market - Segmentation Analysis
This Section cover detailed analysis of revenue, market share and growth rate, historical data (2018-21) and forecast (2023-2028) of the following segmentation
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Comprehensive Table of Contents – UAE Video Surveillance Market Analysis and Forecast, 2028
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