Saudi Arabia Electronic Security Market to Grow at CAGR of 10.2% through 2028 | Industry Dynamics and Competitor Breakdown

Saudi Arabia Electronic Security Market

Report Overview:

The following report titled “Saudi Arabia Electronic Security MarketBy Component (By Hardware (Video Surveillance Security System, Cameras, Analog Cameras, IP Cameras, Thermal Cameras), LCD & LED Monitors, Storage Devices (Digital video recorder (DVR), Network video recorder (NVR), Direct-attached storage devices, Network-attached storage devices, Others (Hybrid video recorders, IP storage area network, etc.)), Others (Networking Equipment, Video Decoders & Encoders, etc.), Fire Detection & Alarming System (Alarm Panels & Intrusion Detectors, Gas & Flame Detectors, Security Radars, Others (Emergency Alarms, Bells, Voice Alarm Evacuation System, etc.)), Access Control & Attendance System (Card Readers, Electrical Locks, Biometric Readers (Fingerprint Terminals, Face Recognition Terminals, etc.)), Others (Controllers, Keypads, etc.)), Intelligent Systems (Motion Detection Systems, People Counters Others (Audio & Video Aler,t Systems, License Plate Readers, etc.)), Others (Anti-Theft Systems, Scanning & Inspection Equipment, etc.), By Software (Video Management Software, Video Surveillance as a Service (VSaaS), Data Management Software, Analytics Software), By Services (Training & Consulting, Installation & Integration, Maintenance & Support) and other forecast 2023-2028” provides a comprehensive analysis of the market, focusing on key details such as market size, growth trends, determinants of growth, segments covered, and the role of leading players in the industry.

Saudi Arabia Electronic Security Market Summary

The Saudi Arabia Electronic Security Market is expected to grow at around 10.2% CAGR during the forecast period, i.e., 2023-28. Most of the market expansion would be driven by the ever-increasing need for technologically advanced security solutions in the country in order to effectively tackle the rising number of threats from adversaries, illegal migration, & smuggling, coupled with the growing awareness among several end-users about the importance of high-end security across facilities, and the rising availability of security systems at low prices.

Report Coverage & Details

  • Forecast Period: 2023–2028
  • Base Year: 2023
  • CAGR: 10.2%

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Segmentation Analysis: Saudi Arabia Electronic Security Market

By Component

  • By Hardware
    • Video Surveillance Security System
      • Cameras
        • Analog Cameras
        • IP Cameras
        • Thermal Cameras
      • LCD & LED Monitors
      • Storage Devices
        • Digital video recorder (DVR)
        • Network video recorder (NVR)
        • Direct-attached storage devices
        • Network-attached storage devices
        • Others (Hybrid video recorders, IP storage area network, etc.)
      • Others (Networking Equipment, Video Decoders & Encoders, etc.)
    • Fire Detection & Alarming System
      • Alarm Panels & Intrusion Detectors
      • Gas & Flame Detectors
      • Security Radars
      • Others (Emergency Alarms, Bells, Voice Alarm Evacuation System, etc.)
    • Access Control & Attendance System
      • Card Readers
      • Electrical Locks
      • Biometric Readers (Fingerprint Terminals, Face Recognition Terminals, etc.)
      • Others (Controllers, Keypads, etc.)
    • Intelligent Systems
      • Motion Detection Systems
      • People Counters
      • Others (Audio & Video Alert Systems, License Plate Readers, etc.)
    • Others (Anti-Theft Systems, Scanning & Inspection Equipment, etc.)
  • By Software
    • Video Management Software
    • Video Surveillance as a Service (VSaaS)
    • Data Management Software
    • Analytics Software
  • By Services
    • Training & Consulting
    • Installation & Integration
    • Maintenance & Support

By Deployment Mode

  • On-premise
  • Cloud
  • Hybrid

By End-User

  • Commercial
  • Residential
  • Military & Defense

By Region

  • Central
  • East
  • West
  • South

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Leading Players Analysis: Saudi Arabia Electronic Security Market

The report provides detailed analysis of key players in the Saudi Arabia Electronic Security market, highlighting their strategies and competitive scenario.

  • Axis Communications FZE
  • Hikvision FZE
  • Honeywell Security
  • Dahua Technology Middle East FZE
  • Sony Gulf FZE Limited
  • Avigilon Corporation
  • Pelco by Schneider Electric
  • Hanwha Techwin
  • IDIS Middle East
  • FLIR Systems, Middle East FZE
  • Others (AEcom Group, VIVOTEK Inc., etc.)

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