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Robust Spending on Infrastructure with Anticipated Mega Events in Qatar is expected to Boost the Electronic Security Devices: Ken Research

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The report also covers market share of 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. – PowerPoint PPT presentation

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Title: Robust Spending on Infrastructure with Anticipated Mega Events in Qatar is expected to Boost the Electronic Security Devices: Ken Research


1
Robust Spending on Infrastructure with
Anticipated Mega Events in Qatar is expected to
Boost the Electronic Security Devices Ken
Research
2
Ken Research in its latest publication titled
Qatar Electronic Security Market Outlook to 2021
Video Surveillance Systems and Fire Alarm
System to Drive Market Growth suggested that
electronic security market is expected to grow at
a five year CAGR of 17.0 during 2016-2021.
3
The report provided information on CCTV (Analog,
Digital), Fire Alarm, Access Control Devices
(Biometric Based , Card Based, Pin Based),
Intrusion Alarms (Motion Alarms, Seismic Alarms,
Infrared Beam Alarms) segments covering companies
including Bosch, Avigilon, Honeywell, Hikvision,
Axis Communications, Pelco, Siemens, Tyco,
Simplex and others. Electronic security market
in Qatar is still in developing stage. Government
and oil companies were the key consumers of
electronic security in the country. CCTV and
access control systems were the two major
segments that dominated the market. Rising
maturity towards IT products had prompted the
market to develop at a very high growth rate.
4
IP cameras dominated the CCTV market in Qatar.
Fire alarms were the third most installed
electronic security devices in Qatar market on
the basis of revenue. Honeywell, Siemens and
Simplex were the top three players on the basis
of revenue in 2016. Demand for intrusion alarm
systems was very low in 2016. Qatar has taken
several measures to improve its regulations
regarding installation of electronic devices in
the country. Installation of CCTV cameras had
been made mandatory in all commercial spaces
across Qatar. Similarly, installation of fire
alarm system has also been mandatory in
commercial and residential complexes to improve
the compliance to civil defense code. As
reported in 2016, Qatar government had set plans
of whopping USD 72.0 billion on infrastructure
development in upcoming years.
5
Qatar electronic security market is estimated to
register a positive CAGR during 2016-2021. Future
mega events, such as 2022 Football World Cup,
crowd control and traffic management is expected
to be key drivers for spiked demand for
electronic security equipments in the region.
Regulation regarding installation of electronic
security is expected to create additional demand
in future. It is expected that project related
surveillance investment in the region will lead
the market. Dohas retail stock is anticipated to
expand by around 1.9 million square meters over
the next five years (2017-2021), Qatar Tourism
Authority has allocated USD 64.0 Billion (QR 236
billion) to fund a massive tourism program to
implement, organize and enhance safety at the
2022 World Cup.
6
Key topics covered in report Qatar Electronic
Security Market Doha Security Devices Market Doha
New Installation Security Devices Doha Video
Surveillance Market Size Cctv Market Growth
Qatar Intrusion Alarm Industry In Qatar Fire
Alarm System Market Trends Access Control
Industry Growth Qatar Video Management System
Market Growth Qatar System Integrators Market
Qatar Competition Security Devices Qatar Bosch
Market Share Qatar Electronic Security Qatar Cctv
Market Future Access Control Future Outlook
7
Intrusion Alarm New Innovation In Qatar New
Development Security Devices Qatar Investment In
Security Devices In Qatar Market Outlook Qatar
Security Security Market Growth Qatar Video
Surveillance System Growth In Qatar Qatar
Building Automation Market Security Systems
Competition In Qatar For more coverage click on
the link below https//www.kenresearch.com/defens
e-and-security/security-devices/qatar-electronic-s
ecurity-market/94376-16.html
8
Related Reports https//www.kenresearch.com/defens
e-and-security/security-devices/india-electronic-s
ecurity-market-2020/30045-16.html https//www.ken
research.com/defense-and-security/security-devices
/china-electronic-security-market/657-16.html htt
ps//www.kenresearch.com/defense-and-security/secu
rity-devices/malaysia-electronic-security-equipmen
t-market-research-report/528-16.html
9
Contact Us Ken Research Ankur Gupta, Head
Marketing Communications Ankur_at_kenresearch.com
91-9015378249
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