Saudi Arabia Security and Surveillance Market (2020-2026): Market Forecast by Type, by Application, and Competitive Landscape

The Saudi Arabia Security and Surveillance Market is Projected to Grow at a CAGR of 4.1% During 2020-2026

The Saudi Arabia security and surveillance market is anticipated to grow at a steady pace owing to the diversification of the economy and reviving the construction sector. The market for security and surveillance in Saudi Arabia is likely to see continued growth owing to major projects such as Riyadh Metro, Neom Business City, and Sudhir Industrial City. As the nation continues to make efforts to strengthen their non-oil sectors, the market for security and surveillance in the country is predicted to grow at a healthy rate in the years to come.

According to this research, the Saudi Arabia Security and Surveillance Market are projected to grow at a CAGR of 4.1% during 2020-2026. During the starting months of 2020, the sales of security and surveillance systems are likely to decrease owing to the coronavirus pandemic as the people would not be demanding for security and surveillance systems during the lockdown. However, government initiatives such as the Saudi Vision 2030 and National Transformation Program are predicted to aid the growth of the non-oil sector of the economy and would promote the growth of security and surveillance systems during the forecast period.

The development of new social infrastructure in Saudi Arabia would create more avenues for the deployment of security and surveillance systems. By type segmentation, the video surveillance systems segment had the highest revenue share in 2019 due to the universal application of video surveillance systems for security in various establishments and is likely to maintain its dominance during the forecast period as well.

The government and transportation vertical held the major revenue share in the Saudi Arabia security and surveillance market in 2019 and would continue to maintain its dominance during the forecast period as well due to its advantages of remote monitoring, transportation management, and increased public safety. Further, the hospitality & healthcare segment of Saudi Arabia is expected to grow significantly during the forecast period on account of increasing reliance on advanced security systems in this segment across the nation.

The report comprehensively covers the security and surveillance market by type and application. The outlook report provides an unbiased and detailed analysis of the security and surveillance market on-going trends, opportunities/high growth areas, market drivers which would help the stakeholders to device and align their market strategies according to the current and future market dynamics.

Key Highlights of the Report:

• Saudi Arabia Security and Surveillance Market Size and Saudi Arabia Security and Surveillance Market Forecast until 2026F
• Saudi Arabia Security and Surveillance Market Overview, By Types
• Historical Data of Saudi Arabia Security and Surveillance Market Revenues and Volume for the period, 2016-2019
• Market size and Forecast of Saudi Arabia Security and Surveillance Market Revenues and Volume until 2026F
• Historical Data of Saudi Arabia Security and Surveillance Market Revenues and Volume for the period, By Types, 2016-2019
• Market size and Forecast of Saudi Arabia Security and Surveillance Market Revenues and Volume, By Types, until 2026F
• Historical Data of Saudi Arabia Video Surveillance Market Revenues and Volume for the period, 2016-2019
• Market size and Forecast of Saudi Arabia Video Surveillance Market Revenues and Volume until 2026F
• Historical Data of Saudi Arabia Video Surveillance Market Revenues for the period, By Application, 2016-2019
• Market size and Forecast of Saudi Arabia Video Surveillance Market Revenues, By Application until 2026F
• Historical Data of Saudi Arabia Video Surveillance Market Revenues and Volume for the period, By Component Type, 2016-2019
• Market size and Forecast of Saudi Arabia Video Surveillance Market Revenues and Volume, By Component Type until 2026F
• Historical Data of Saudi Arabia Access Control Systems Market Revenues and Volume for the period, 2016-2019
• Market size and Forecast of Saudi Arabia Access Control Systems Market Revenues and Volume until 2026F
• Historical Data of Saudi Arabia Access Control Systems Market Revenues for the period, By Application, 2016-2019
• Market size and Forecast of Saudi Arabia Access Control Systems Market Revenues, By Application until 2026F
• Historical Data of Saudi Arabia Access Control Systems Market Revenues and Volume for the period, By Authentication Type, 2016-2019
• Market size and Forecast of Saudi Arabia Access Control Systems Market Revenues and Volume, By Authentication Type until 2026F
• Historical Data of Saudi Arabia Perimeter Intrusion Detection Systems Market Revenues for the period, 2016-2019
• Market size and Forecast of Saudi Arabia Perimeter Intrusion Detection Systems Market Revenues until 2026F
• Historical Data of Saudi Arabia Perimeter Intrusion Detection Systems Market Revenues for the period, By Application, 2016-2019
• Market size and Forecast of Saudi Arabia Perimeter Intrusion Detection Systems Market Revenues, By Application until 2026F
• Historical Data of Saudi Arabia Perimeter Intrusion Detection Systems Market Revenues for the period, By Sensor Type, 2016-2019
• Market size and Forecast of Saudi Arabia Perimeter Intrusion Detection Systems Market Revenues, By Sensor Type until 2026F
• Historical Data of Saudi Arabia Perimeter Intrusion Detection Systems Market Revenues for the period, By Deployment Type, 2016-2019
• Market size and Forecast of Saudi Arabia Perimeter Intrusion Detection Systems Market Revenues, By Deployment Type until 2026F
• Market Drivers and Restraints
• Saudi Arabia Video Surveillance Market Trends and Industry Life Cycle
• Porter's Five Force Analysis
• Market Opportunity Assessment
• Revenue Share, By Company
• Revenue Share, By Regions
• Competitive Benchmarking
• Company Profiles
• Key Strategic Recommendations

Markets Covered

The report provides a detailed analysis of the following market segments:

By Type:

• Video Surveillance System
• By Component Type
  • Camera
  • Recorder
  • Encoder
  • Software
  • Access Control System
  
  
• By Authentication Type
  • Card Reader
  • Biometric
  • Perimeter Intrusion Detection Systems
  
  
• By Sensor Type
• By Deployment Type

By Applications:

• BFSI (Banking, Financial Services & Insurance)
• Government & Transportation
• Retail & Logistics
• Commercial Offices
• Oil & Gas
• Residential
• Hospitality and Healthcare
• Tourism and Public Venues
• Other (Manufacturing and Critical Infrastructure)