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Middle East Critical Infrastructure Protection Market Assessment
Frost & Sullivan, Dec 2009, Pages: 69
Middle East Critical Infrastructure Protection Market Poised for Significant Growth
The critical infrastructure protection market in the Middle East has gained importance because of infrastructure growth and regional instability. The potential sectors that are business critical for market participants include oil and gas, mass transport, airports, seaports and renewable energy projects. The market is projected to grow by more than 100 per cent in the next ten years.
“Infrastructure growth is a major driver in the growth for the Middle East critical infrastructure protection market,” notes the analyst of this research. “The market is also receiving impetus from increasing terrorist threats.” Infrastructural projects related to critical infrastructure are on the rise in the Middle East. Sectors like mass transport, airports and seaports are set to witness increased investments, and the need to protect such vital infrastructures from terrorism is driving market expansion.
The economic slowdown, paralleled by the reluctance to spend on security systems, has restrained market prospects. With the competitor base expanding, profit margins of market participants are set to register only marginal growth. At the same time, a maturing market poses its own challenges. This has been compounded by intensifying competition. “To succeed, market participants should provide integrated solutions,” advises the analyst. “They should identify better business partners and develop efficient supply chain strategies.”
Market Sectors
Expert Frost & Sullivan analysts thoroughly examine the following market sectors in this research:
- Oil and gas
- Airports
- Seaports
- Mass transport
- Renewable energy
By Country:
- Saudi Arabia
- The United Arab Emirates
- Kuwait
- Bahrain
- Qatar
- Oman
This Frost & Sullivan research service titled Middle East Critical Infrastructure Protection Market Assessment provides an overview of the critical infrastructure protection market in the Middle East with an in-depth analysis of country markets in the region including Saudi Arabia, The United Arab Emirates, Kuwait, Bahrain, Qatar and Oman. In this research, Frost & Sullivan's expert analysts thoroughly examine the following markets: oil and gas, airports, seaports, mass transport and renewable energy.
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