Middle East & Africa Video Surveillance Market Size More Than Doubles to Reach USD 8.4 Billion by 2029.
Middle East & Africa video surveillance market is gaining traction because of the increasing security concerns, government initiatives to improve public safety and security, along with rapid pace of urbanization in the region.
Request To Download Sample of This Strategic Report @https://reportocean.com/industry-verticals/sample-request?report_id=bwcc17504
Report Ocean, a leading strategic consulting and market research firm, in its recent study, estimated the Middle East & Africa video surveillance market size at USD 3.93 billion in 2022. During the forecast period between 2023 and 2029, Report Ocean expects Middle East & Africa video surveillance market size to grow at an impressive CAGR of 11.61% reaching a value of USD 8.35 billion by 2029. Government regulations that mandate the installation of video surveillance equipment in retail establishments and public spaces are among the major development factors for the Middle East and Africa video surveillance market. The market is also expected to grow during the forecast period, as a result of a rise in building activity across a variety of commercial and residential sectors, including new projects for hotels, resorts, entertainment venues, and shopping malls.
Middle East & Africa Video Surveillance Market – Overview:
A video surveillance system is made up of a network of cameras, monitors/display devices, and recorders. Both the inside and the outside of a building or area can use these technologies. They can be programmed to record solely in reaction to movement, continuously, or only at particular periods of the day. A variety of design elements are feasible for both analog and digital cameras. The ability of a digital video surveillance system to record and store the video signal in a digital format is the primary distinction between a digital video surveillance system and an analog video surveillance system.
Middle East & Africa Video Surveillance Market – By Applications:
Based on applications, the Middle East & Africa video surveillance market is segmented into banking & financial, government & transportation, retail & logistics, commercial offices, industrial & manufacturing, and others (residential, hospitality & healthcare, and educational institutions). The retail & logistics segment accounts for the highest market share. Remote access retail security camera solutions enable managers and business owners to watch video feeds from any location. It is essential for stopping theft and shoplifting that could take place while just loss prevention staff are not watching.
Download Sample Report, SPECIAL OFFER (Avail an Up-to 30% discount on this report ) @https://reportocean.com/industry-verticals/sample-request?report_id=bwcc17504
Impact of COVID-19 on Middle East & Africa Video Surveillance Market
The COVID-19 pandemic significantly limited the growth of Middle East & African video surveillance market. The emergence of the virus from China and subsequent lockdown implementation in various parts of the world halted the manufacturing and supply chains of video surveillance components. The lockdown also resulted in a huge shortage of semiconductor chips, crucial for manufacturing several video surveillance components, which affected the manufacturing operations in the post-COVID-19 period as well. Furthermore, the temporary pause in the infrastructure activities also directly impacted the demand for video surveillance in the Middle East & Africa market.
Competitive Landscape:
Major players operating in the Middle East & Africa video surveillance market include: Axis Communications AB, Bosch Group, Hanwha Corporations, Hangzhou Hikvision Digital Technology Co. Ltd, Pelco Corporations, Avigilon Corporations, Honeywell Security Group, Panasonic Corporation, Zhejiang Dahua Technology Co. Ltd., and Cisco Systems Inc. To further enhance their market share, these companies employ various strategies, including mergers and acquisitions, partnerships, joint ventures, license agreements, and new product launches.
The in-depth analysis of the report provides information about growth potential, upcoming trends, and the Middle East & Africa Video Surveillance Market. It also highlights the factors driving forecasts of total market size. The report promises to provide recent technology trends in the Middle East & Africa Video Surveillance Market and industry insights to help decision-makers make sound strategic decisions. Furthermore, the report also analyzes the growth drivers, challenges, and competitive dynamics of the market.
Get The Insights You Need By Customizing Your Report To Fit Your Unique Needs And Goals:https://reportocean.com/industry-verticals/sample-request?report_id=bwcc17504
Table of Content
Chapter 1: Global Middle East and Africa Video Surveillance Industry Overview
Chapter 3: Market Dynamics
Chapter 4: Top Company Profiles
Chapter 5: Global Middle East and Africa Video Surveillance market Competition, by Players
Chapter 6: Global Market Size by Regions
Chapter 7: Global Market Segment by Application
Chapter 8: Global Middle East and Africa Video Surveillance Industry Segment by Type
Chapter 9: Market Chain, Sourcing Strategy, and Downstream Buyers
Chapter 10: Strategies and key policies by Distributors/Suppliers/Traders
Chapter 11: Key Marketing Strategy Analysis, by Market Vendors
Chapter 12: Market Effect Factors Analysis
Chapter 13: Global Middle East and Africa Video Surveillance market Size Forecast (2023-2030).
Continue….
Reasons to Buy This Report
(A) The research provides valuable insights for top administration, policymakers, professionals, product advancements, sales managers, and stakeholders in the market. It helps them make informed decisions and strategize effectively.
(B) The report offers comprehensive analysis of Middle East and Africa Video Surveillance market revenues on a global, regional, and country level, projecting trends until 2030. This data allows companies to assess their market share, identify growth opportunities, and explore new markets.
(C) The research includes segmentation of the Middle East and Africa Video Surveillance market based on types, applications, technologies, and end-uses. This segmentation enables leaders to plan their products and allocate resources based on the expected growth rates of each segment.
(D) Analysis of the Middle East and Africa Video Surveillance market benefits investors by providing insights into market scope, position, key drivers, challenges, restraints, expansion opportunities, and potential threats. This information helps them make informed investment decisions.
(E) The report offers a detailed analysis of competitors, their key strategies, and market positioning. This knowledge allows businesses to better understand the competition and plan their own strategies accordingly.
(F) The study helps evaluate Middle East and Africa Video Surveillance business predictions by region, key countries, and top companies, providing valuable information for investment planning and decision-making.
Full Report Description, TOC, Table of Figure, Chart, etc.-https://reportocean.com/industry-verticals/sample-request?report_id=bwcc17504
About Report Ocean:
We are the best market research reports provider in the industry. Report Ocean believes in providing quality reports to clients to meet the top line and bottom line goals which will boost your market share in today’s competitive environment. Report Ocean is a ‘one-stop solution’ for individuals, organizations, and industries that are looking for innovative market research reports.
Get in Touch with Us:
Report Ocean:
Email:sales@reportocean.com
Address: 500 N Michigan Ave, Suite 600, Chicago, Illinois 60611 – UNITED STATES Tel: +1 888 212 3539 (US – TOLL FREE)
Website:https://www.reportocean.com/