Al-Khateeb: Rate of Foreign tourists coming for recreational purposes soars 600% in 5 years    Saudi Arabia participates in OIC anti-corruption agencies' meeting in Qatar    Saudi Arabia implements over 800 reforms to drive rapid transformation    Al-Jadaan: Painful decisions were part of the reforms, but economy overcame them    Al-Swaha: Saudi Arabia is heading towards exporting technology in the next phase    Israel-Hezbollah ceasefire appears to hold as Lebanese begin streaming back to their homes    Al Rajhi: Saudi Arabia sets revised unemployment target of 5% by 2030 "300,000 citizens employed in qualitative professions"    Imran Khan supporters call off protest after crackdown    Five survivors found day after Red Sea tourist boat sinking    Russia launched a record number of almost 200 drones toward Ukraine    Al Hilal advances to AFC Champions League knockout stage despite 1-1 draw with Al Sadd    Saudi Arabia unveils updates on Expo 2030 Riyadh master plan at 175th BIE General Assembly Riyadh Expo Development Company established to oversee strategic planning, operations, and legacy development    Saudi FM attends Quadripartite meeting on Sudan in Italy    Best-selling novelist Barbara Taylor Bradford dies    Cristiano Ronaldo's double powers Al Nassr to 3-1 win over Al Gharafa in AFC Champions League    Al Ahli edges Al Ain 2-1, bolsters perfect start in AFC Champions League Elite    Most decorated Australian Olympian McKeon retires    Adele doesn't know when she'll perform again after tearful Vegas goodbye    'Pregnant' for 15 months: Inside the 'miracle' pregnancy scam    Do cigarettes belong in a museum?    Order vs. Morality: Lessons from New York's 1977 Blackout    India puts blockbuster Pakistani film on hold    The Vikings and the Islamic world    Filipino pilgrim's incredible evolution from an enemy of Islam to its staunch advocate    Exotic Taif Roses Simulation Performed at Taif Rose Festival    Asian shares mixed Tuesday    Weather Forecast for Tuesday    Saudi Tourism Authority Participates in Arabian Travel Market Exhibition in Dubai    Minister of Industry Announces 50 Investment Opportunities Worth over SAR 96 Billion in Machinery, Equipment Sector    HRH Crown Prince Offers Condolences to Crown Prince of Kuwait on Death of Sheikh Fawaz Salman Abdullah Al-Ali Al-Malek Al-Sabah    HRH Crown Prince Congratulates Santiago Peña on Winning Presidential Election in Paraguay    SDAIA Launches 1st Phase of 'Elevate Program' to Train 1,000 Women on Data, AI    41 Saudi Citizens and 171 Others from Brotherly and Friendly Countries Arrive in Saudi Arabia from Sudan    Saudi Arabia Hosts 1st Meeting of Arab Authorities Controlling Medicines    General Directorate of Narcotics Control Foils Attempt to Smuggle over 5 Million Amphetamine Pills    NAVI Javelins Crowned as Champions of Women's Counter-Strike: Global Offensive (CS:GO) Competitions    Saudi Karate Team Wins Four Medals in World Youth League Championship    Third Edition of FIFA Forward Program Kicks off in Riyadh    Evacuated from Sudan, 187 Nationals from Several Countries Arrive in Jeddah    SPA Documents Thajjud Prayer at Prophet's Mosque in Madinah    SFDA Recommends to Test Blood Sugar at Home Two or Three Hours after Meals    SFDA Offers Various Recommendations for Safe Food Frying    SFDA Provides Five Tips for Using Home Blood Pressure Monitor    SFDA: Instant Soup Contains Large Amounts of Salt    Mawani: New shipping service to connect Jubail Commercial Port to 11 global ports    Custodian of the Two Holy Mosques Delivers Speech to Pilgrims, Citizens, Residents and Muslims around the World    Sheikh Al-Issa in Arafah's Sermon: Allaah Blessed You by Making It Easy for You to Carry out This Obligation. Thus, Ensure Following the Guidance of Your Prophet    Custodian of the Two Holy Mosques addresses citizens and all Muslims on the occasion of the Holy month of Ramadan    







Thank you for reporting!
This image will be automatically disabled when it gets reported by several people.



Saudi market for digital systems to grow at 25% over next four years
Published in The Saudi Gazette on 09 - 11 - 2012

JEDDAH — Rapid advances and innovations in video surveillance technology are transforming the industry while at the same time considerably enhancing its security capabilities. The need to be prepared for today's ever-evolving security threats is driving growing demand for the latest in video surveillance systems to secure property and premises globally.
Demand for the latest products in video monitoring technology is also being felt across the Middle East, which is expected to be one of the key growth areas for the industry. The rapidly-changing regional market for video surveillance systems and equipment will be in focus at Intersec 2013, the Middle East's trade and networking mega event for the security, safety and fire protection industries in Dubai in January.
With governments, public sector organizations, corporate companies and small and medium enterprises (SMEs) realizing the need to protect their interests from the diverse and growing threats that exist today, investment in video surveillance systems is on the increase.
According to a study by IMS Research, the global market for video surveillance systems is expected to grow at an average of 12 percent in 2012, with key drivers being the BRICS countries (Brazil, Russia, India, China and South Africa) and the Middle East.*
“We have a large number of our exhibitors eyeing the growing Saudi and regional market at Intersec 2013,” said Michael Dehn, Group Exhibitions Director of organizer Epoc Messe Frankfurt. “The exhibition's comprehensive footprint around the greater Middle East and North Africa facilitates better interaction between suppliers and their markets by bringing them all together on one platform,” he said.
With the need to safeguard large petrochemical industrial complexes around the country as well as numerous infrastructure projects, the Saudi market for network video surveillance systems is expected to grow at the fastest pace in the region. Set to grow at an impressive 25 percent over the next four years, Saudi Arabia is expected to replace the United Arab Emirates (UAE) as the largest market in the MENA region.
The IMS research also indicates that the video surveillance market in the region is rapidly switching over to IP-based network surveillance systems from the CCTV analogue systems being used earlier. Sales of network video surveillance systems in the Middle East have outpaced those of analogue systems which was estimated to be 53 percent of the total in 2011. This is expected to surge to as much as 79 percent of total sales of digital and analogue systems in the region by 2016.
Specializing in standalone and integrated security solutions, Honeywell Security will also be present at Intersec 2013. Christopher Graham, Strategic Marketing Specialist, Honeywell Security, MENA, said: “We expect considerable new demand for our range of products at Intersec, which is why we are bringing our latest offerings made especially with this region in mind.”
Other exhibitors specializing in video surveillance systems that have already signed up for Intersec 2013 include Avigilon, Bosch, Flir, Hikvision, Infinova, Mobotix, Panasonic, Samsung, Schneider Electric, Sony and Tyco Security.
Intersec 2013 will run on January 15-17, 2013 at the Dubai International Convention and Exhibition Center. Traditionally representing the cross-section of the regional security, safety and fire protection industries, Intersec serves as an invaluable business and networking platform that has facilitated some of the key safety and security developments in the region. — SG


Clic here to read the story from its source.