UAE digital systems market to grow at 16% over next four years
Rapid advances and innovations in video surveillance technology are currently 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 in video monitoring technology is also being felt across the Middle East region, 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, taking place in Dubai in January.
With governments, public sector organisations, corporate companies and SMEs all realising 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% in 2012, with key drivers being the BRICs countries and the Middle East.*
The UAE is one of the most significant markets in the region for digital video surveillance systems, expected to grow at an impressive 16% annually over the next four years, making it second only to Saudi Arabia in the region.**
“We have a large number of our exhibitors eyeing the growing regional market at Intersec 2013,” said Michael Dehn, Group Exhibitions Director at Epoc Messe Frankfurt, organiser of Intersec. “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.
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% of the total in 2011. This is expected to surge to as much as 79% of total sales of digital and analogue systems in the region by 2016.***
Specialising 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 specialising 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 from January 15 to 17, 2013 at the Dubai International Convention and Exhibition Centre. 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.
* http://imsresearch.com/press-release/BRICs_Bolster_Global_Video_Surveillance_Market_Growth_in_2012
The next edition of Intersec will take place from January 15 – 17, 2013 at the Dubai International Convention and Exhibition Centre.
