Saudi Arabia Electronic Security Market Outlook to 2021 - Growth Driven by Video Surveillance Systems and Upgradation to New Technologies
April 2017
74
About the Report
About the Report
The report titled "Saudi Arabia Electronic Security Market Outlook to 2021 – Growth Driven by Video Surveillance Systems and Upgradation to New Technologies" provides a comprehensive analysis of electronic security market in Middle East. The report focuses on overall market size for sale of electronic security equipments in Saudi Arabia and Middle East region, segmentation on the basis of type of product (CCTV, intrusion alarm, access control, fire alarm and others), sub-segmentation on the basis of technology and by sector of application. The report also covers major players, role of consultants and system integrators, decision making matrix, trends and developments. The report concludes with market projection for future and analyst recommendation highlighting the major opportunities and cautions.
Saudi Arabia electronic security devices market increased from USD ~ million in 2011 to USD ~ million in 2016. Jeddah, Riyadh and the adjoining areas was the most important market for electronic security devices in the country due to huge volume of commercial and real estate development. Other factors promoting growth in demand were Hajj, the annual Islamic pilgrimage to Mecca, increased numbers of people spending their time in malls. The Ministry of Interior in Saudi Arabia made it compulsory for all businesses to have surveillance cameras installed in their premises to protect against theft related crimes. Military and security services comprised ~% of the budget expenditure in 2016 which had risen over the years leading to increased demand for electronic security equipments.
Market for video surveillance was the highest in Saudi Arabia as it is mandatory by law that all commercial places must install CCTV cameras in their premises. In case of fire alarms, majority of the demand was from industrial sector and commercial real estate sector. Intrusion alert system was majorly governed by demand from residential sector especially expats and individual house owners. Motion sensors (~ %), infrared beam sensors (~%) and seismic detectors (~%) were major intrusion alert system used in Saudi Arabia during 2016. Pin based access control dominated the market in 2016 with ~% of revenue coming from such equipments. ~% market share was captured by biometric access control system and ~% card based system. Government and transportation sector accounted for more than ~% of total electronic security equipment sold in Saudi Arabia.
Honeywell was the leading electronics security provider in Saudi Arabia generating ~ million with ~% market share in electronic security during 2016. Majority of the revenue comes from large institutional contracts from government agencies and large commercial spaces. Bosch was the second largest player with ~% market share generating revenue of USD ~ million. It has wide network of seven distributors in four major cities. Pelco, Axis, Siemens, Avigilon Corporation, Hikvision Digital Technology Co. Ltd. and Samsung Techwin Co Ltd were some other major companies operating in Saudi Arabia electronic security market.
Over the years, there was significant increase in the number of hotel rooms in Saudi Arabia especially in capital city of Riyadh. Integration of different electronic security devices with other security systems such as video surveillance, access control systems, and fire alarms which can be monitored, controlled and accessed from single location is gradually gaining momentum. Users can perform remote monitoring of integrated security systems through web based devices, enabling them to self-monitor their systems. Mobile video surveillance has been gaining increasing acceptance across various industry verticals and residents especially expats and working professionals.
Government is planning to increase the role of private sector to ~% in economy by 2018 in order to improve efficiency and make its market more open and competitive. Easing restrictions on foreign lenders, private sector involvement in the financing and construction of education infrastructure, security for small and medium businesses, scheduled opening of Riyadh metro in 2019 and Vision 2030 are some key factors that are expected to boost the market for electronic security devices in Saudi Arabia. It is expected that revenue generation will increase to USD ~ million in 2021. It is expected that CCTV will continue its dominance in the electronic security market in Saudi Arabia. Government will continue its dominance as major user of electronic security devices.
Key Topics Covered in the Report
- Value chain analysis
- Role of consultants and system integrators
- Decision making matrix
- Saudi Arabia electronic security market size by revenue, 2011-2016
- Saudi Arabia Electronic Security Market segmentation by type of product and sub-segmentation by technology and by application
- Market Share of Major players in Saudi Arabia Electronic Security Market
- Rules and regulations in Saudi Arabia Electronic Security Market
- Major Trends and developments
- Future Outlook to Saudi Arabia Electronic Security Market
- Analyst Recommendations
Products
Products
CCTV (Analog, Digital), Fire Alarm, Access Control Devices (Biometric Based , Card Based, Pin Based), Intrusion Alarms (Motion Alarms, Seismic Alarms, Infrared Beam Alarms)
Companies
Bosch, Honeywell, Hikvision, Axis Communications, Pelco, Siemens, Tyco
Table of Contents
Table of Contents
1. Executive Summary
Middle East Electronic Security Market Size and Overview
Saudi Arabia Electronic Security Market
Middle East Electronic Security Market Future Outlook
2. Research Methodology
2.1. Market Definitions
2.2. Abbreviations
2.3. Market Size and Modeling
Consolidated Research Approach
Variables (Dependent and Independent)
Multi Factor Based Sensitivity Model
Limitations
3. Middle East Electronic Security Market, 2011-2016
3.1. Middle East Electronic Security Market Size on the Basis of Revenue, 2011-2016
4. Value Chain Analysis in Saudi Arabia Electronic Security Market
Major Users of System Integrators and Consultants in Saudi Arabia Electronic Security market
5. Role of Consultants and System Integrators in Saudi Arabia Electronic Security Market
6. Decision Making Matrix in Saudi Arabia Electronic Security Market
6.1. Residential Sector
6.2. Non Residential Sector
Government Sector
Commercial Buildings
Malls and Shopping Centers
Banks and Financial Institutions
Industrial Sector
7. Pricing Analysis Case Study for a Commercial Complex
8. Saudi Arabia Electronic Security Market Size by Revenue, 2011-2016
9. Saudi Arabia Electronic Security Market Segmentation, 2016
9.1. By Video Surveillance, Fire Alarm System, Access Control, Intrusion Alarm, and Others, 2016
9.2. By Technology, 2016
By Type CCTV Technology
By Type of Access Control System
By Type of Intrusion Alarm System
Saudi Arabia Electronic Security Market By Sector of Application, 2016
10. Market Share of Major Players in Saudi Arabia Electronic Security Market, 2016
11. Trends and Developments in Saudi Arabia Electronic Security Market
Improved the Security and Safety of Religious Places
Hospitality Sector In saudi Arabia
Mobile Video Surveillance Leading Growth
Advancements in Integration of various electronic security devices
12. Rules and Regulations in Saudi Arabia Electronics Security Market
13. Saudi Arabia Electronic Security Market Future Outlook by Revenue, 2017-2021
14. Middle East Electronic Security Market Future Outlook, 2017-2021
15. Analyst Recommendation
Disclaimer
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List of Figure
Figure 3-1: Middle East Electronic Security Market Size on the Basis of Revenue in USD Million and Contribution by Saudi Arabia in Percentage, 2011-2016
Figure 4-1: Value Chain in Saudi Arabia Electronic Security Market
Figure 5-1: Role of Service Consultants in Saudi Arabia Electronic Security Products Market
Figure 8-1: Saudi Arabia Electronic Security Market on the Basis of Revenue in USD Billion, 2011-2016
Figure 9-1: Saudi Arabia Electronic Security Market Segmentation by Type of Electronic Security (Video Surveillance, Fire Alarm System, Access Control, Intrusion Alarm and Others) on the Basis of Revenue in USD Million and Rationale, 2016
Figure 9-2: Saudi Arabia Electronic Security Market Share by Type of Electronic Security (Video Surveillance, Fire Alarm System, Access Control, Intrusion Alarm and Others) on the Basis of Revenue in USD Million, 2016
Figure 9-3: Saudi Arabia Video Surveillance Market Segmentation by Type of Video Surveillance (IP Camera, Analog Camera) on the Basis of Revenue in USD Million, 2016
Figure 9-4: Saudi Arabia Access Control System Market Segmentation by Type of Video Surveillance (Card Based, Biometric, Pin Based) on the Basis of Revenue in USD Million, 2016
Figure 9-5: Saudi Arabia Intrusion Alarm System Market Segmentation by Type (Motion Sensors, Infrared Beam Sensors and Seismic Detectors) on the Basis of Revenue in USD Million, 2016
Figure 9-6: Saudi Arabia Electronic Security Market Share and Size by Sectors (Government Offices and Transport, Residential Banking and Financial, Commercial Office/Buildings, Industrial, Hospital/Hospitality, Education and Others) on the Basis Revenue in USD Million, 2016
Figure 10-1: Market Share of Major Players (Honeywell, Bosch, Pelco, Axis, and Others) in Saudi Arabia Electronic Security Market on the Basis of Revenue in USD Million, 2016
Figure 11-1: Number of Hajj Pilgrims Visiting Saudi Arabia in Millions, 2011-2016
Figure 13-1: Saudi Arabia Electronic Security Market Future Projection on the Basis of Revenue in USD Million, 2017-2021
Figure 13-2: Saudi Arabia Electronic Security Market Segmentation Future Projection by Products on the Basis of Revenue in USD Million, 2021
Figure 14-1: Middle East Electronic Security Market Future Outlook on the Basis of Revenue in USD Million and Contribution of Saudi Arabia in Percentage, 2017-2021
List of Table
Table 2-1: Correlation Matrix for Saudi Arabia Electronic Security Market
Table 2-2: Regression Coefficients Output for Saudi Arabia Electronic Security Market
Table 3-1: Middle East Electronic Security Market on the Basis of Revenue in USD Million and Rationale, 2011-2016
Table 4-1: User Preference for Electronic Security Devices among Different end Users in Saudi Arabia Electronic Security Market
Table 5-1: Key Consultants and System Integrators in Saudi Arabia Electronics Security Market
Table 6-1: Product Preference for Electronic Security Products in Residential Sector
Table 6-2: Service Preference for Electronic Security Products in Residential Sector
Table 6-3: Supplier Preference for Electronic Security Products in Government Projects
Table 6-4: Product Preference for Electronic Security Products in Government Projects
Table 6-5: Service Preference for Electronic Security Products in Government Projects
Table 6-6: Supplier Preference for Electronic Security Products in the Commercial Buildings
Table 6-7: Product Preference for Electronic Security Products in the Commercial Buildings
Table 6-8: Service Preference for Electronic Security Products in the Commercial Buildings
Table 6-9: Supplier Preference for Electronic Security Products in Malls and Shopping Malls
Table 6-10: Product Preference for Electronic Security Products in the Malls and Shopping Malls
Table 6-11: Service Preference for Electronic Security Products in the Malls and Shopping Malls
Table 6-12: Supplier Preference for Electronic Security Products in Banks and Financial Institutions
Table 6-13: Product Preference for Electronic Security Products in Banks and Financial Institutions
Table 6-14: Service Preference for Electronic Security Products in Banks and Financial Institutions
Table 6-15: Supplier Preference for Electronic Security Products in the Industrial Sector
Table 6-16: Product Preference for Electronic Security Products in Industrial Sector
Table 6-17: Service Preference for Electronic Security Products in the Industrial Sector
Table 8-1: Saudi Arabia Electronic Security Market on the Basis of Revenue in USD Billion and Rationale, 2011-2016
Table 9-1: Saudi Arabia Video Surveillance Market Segmentation by Type of Video Surveillance (IP Camera, Analog Camera) on the Basis of Revenue in USD Million and Rationale, 2016
Table 9-2: Saudi Arabia Access Control System Market Segmentation by Type (Card Based, Biometric, Pin Based) on the Basis of Revenue in USD Million and Rationale, 2016
Table 9-3: Saudi Arabia Intrusion System Market Segmentation by Type (Motion Sensors, Infrared Beam Sensors, Seismic Detectors) on the Basis of Revenue in USD Million and Rationale, 2016
Table 9-4: Saudi Arabia Electronic Security Market Segmentation by Sectors (Government Offices and Transport, Residential, Banking and Financial, Commercial Office/Buildings, Industrial, Hospital/Hospitality, Education Sector and Others) on the Basis of Revenue in USD Million and Rationale, 2016
Table 10-1: Saudi Arabia Electronic Security Market by Major Players (Honeywell Bosch , Pelco, Axis, and Others) on the Basis of Revenue in USD Million and Rationale, 2016
Table 13-1: Saudi Arabia Electronic Security Market Future Outlook on the Basis of Revenue in USD Million and Rationale, 2017-2021
Table 13-2: Saudi Arabia Electronic Security Market Segmentation Future Projection by Products on the Basis of Revenue in USD Million, 2021
Table 14-1: Middle East Electronic Security Market Future Outlook by Revenue in USD Million and Rationale, 2017-2021
Table 15-1: Recommendation for Saudi Arabia Electronic Security Market Participants
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