Dubai and Abu Dhabi were the Key Emirates Generating more than Half of Demand for Electronic Security Devices in UAE: Ken Research

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Dubai and Abu Dhabi were the Key Emirates
Generating more than Half of Demand for
Electronic Security Devices in UAE Ken Research
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Compliance to regulatory norms and safety concern
among expats, hospitality industry along with
improved awareness about benefits of using
electronic security devices were the key factors
driving the demand for electronic security
devices in UAE.
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The report titled UAE Electronic Security Market
Outlook to 2021 Creating Smart Surveillance,
Safety and Security System to Drive Market
Growth by Ken Research suggested a multi bagger
CAGR of 10.7 in revenue in electronic security
devices especially in VMS, CCTV, fire alarm and
access control in the region in the next 5 years
till 2021. UAE is an oil rich country and in
the past few years have significantly diversified
their economy to other sectors such as retail,
hospitality and others. Growing expat population,
tourists, and investment in infrastructure was
the key reason for growth of retail and
hospitality sector. Dubais aim to become the
smartest city in the world has promoted the sale
of electronic security devices in the country.
Infrastructure, hospitality, and real estate were
the key sectors to use electronic security
devices.
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Rise in demand for facilities management, number
of visitors at mega malls, hotels and amusement
parks in UAE especially in Dubai and Abu Dhabi
were some other key factors driving the growth in
market. Civil defense code in UAE had prompted
the property owners especially in commercial
sector to install electronic security devices in
their premises. Replacement demand was other key
driver. CCTV was the most demanded electronic
security device. Improved implementation of
regulatory norms, growth of economy and rise in
per capita income of local people and expats has
leveraged the buying capacity of people. A
significant proportion of investment in the
country has been intended towards improving the
quality of infrastructure. Increasing number of
railway stations, airports, schools,
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colleges, hospitals, offices and shopping malls
have urged the need of installing electronic
security products. The companies and government
are putting a lot of efforts to educate people
about the need to use reliable, efficient and
high quality electronic security systems. Key
topics covered in report UAE Electronic Security
Market Dubai Security Devices Market Abu Dhabi
New Installation Security Devices Video
Surveillance Market Size Cctv Market Growth
UAE Intrusion Alarm Industry in UAE Fire Alarm
System Market Trends Access Control Industry
Growth UAE Video Management System Market Growth
UAE
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System Integrators Market UAE Competition
Security Devices UAE Bosch Market Share UAE
Electronic Security UAE Cctv Market Future Access
Control Future Outlook Intrusion Alarm New
Innovation In UAE New Development Security
Devices UAE Investment in Security Devices in
UAE Market Outlook UAE Security Security Market
Growth UAE Video Surveillance System Growth in
UAE Dubai Building Automation Market Security
Systems Competition in UAE
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• For more coverage click on the link below
• https//www.kenresearch.com/defense-and-security/s
  ecurity-devices/uae-electronic-security-market/943
  51-16.html
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Marketing Communications query_at_kenresearch.com
91-124-4230204