Lewes, DE -- (SBWire) -- 05/26/2015 --Report forecast the video surveillance market in MENA to grow at a CAGR of 14.63% over the period 2014-2019.
Video surveillance is the process of monitoring or observing the activities, behaviors, or movements of an individual or a group to provide enhanced security. It is mainly used by retail stores, government departments, hospitals, transportation and logistics companies, and law enforcement agencies to prevent criminal activities. An increase in security issues such as terrorist attacks, robberies, and other criminal activities increased the demand for video surveillance in MENA.
This report covers the present scenario and the growth prospects of the video surveillance market in MENA for the period 2015-2019. To calculate the market size, the report considers revenue generated through the sales of the video surveillance systems, including storage devices and products.
According to the report, in the US, increased instances of terrorist attacks in the past were a result of decreased spending by governments and institutions worldwide on video surveillance. To curb these anti-social activities, the use of video surveillance equipment has increased by large enterprises and the governments of different countries. Stringent regulations have been passed by governments in the region to increase security by installing video surveillance equipment in public locations such as hypermarkets, hospitals, airports, railway stations, hotels, and malls.
Further, the report states that the overdependence on prevailing economic conditions worldwide is a major challenge.
The Video Surveillance Market in MENA 2015-2019, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the MENA; it also covers the market landscape and its growth prospects in the coming years. The report includes a discussion of the key vendors operating in this market.
key players in the video surveillance market in MENA: Axis Communications, Bosch Security Systems, Hikvision, Honeywell Security Group, MOBOTIX, NICE Systems and Tyco International
Other Prominent Vendors in the market are: ADT, Agent Vim, Axxon Soft, Canon, Genetec, IndigoVision Group, March Networks and Siemens
Key Regions
- Middle East
- North Africa
Market Driver
- Growing Terrorist Activities
- For a full, detailed list, view our report
Market Challenge
- Overdependence on Prevailing Economic Conditions
- For a full, detailed list, view our report
Market Trend
- Emergence of Video Analytics and Intelligent Video Surveillance
- For a full, detailed list, view our report
Key Questions Answered in this Report
- What will the market size be in 2019 and what will the growth rate be?
- What are the key market trends?
- What is driving this market?
- What are the challenges to market growth?
- Who are the key vendors in this market space?
- What are the market opportunities and threats faced by the key vendors?
- What are the strengths and weaknesses of the key vendors?
Spanning over 109 pages and 45 Exhibits "Video Surveillance Market in MENA 2015-2019" report covers Executive Summary, List of Abbreviations, Scope of the Report, Market Research Methodology, Introduction, Market Description, Market Landscape, Product Life Cycle Analysis, Market Segmentation by Storage, Market Segmentation by Deployment, Market Segmentation by Product, Market Segmentation by End-user, Geographical Segmentation, Key Leading Countries, Buying Criteria, Market Growth Drivers, Drivers and their Impact, Impact of Drivers and Challenges, Market Trends, Trends and their Impact, Vendor Landscape, Key Vendor Analysis.
For further information on this report, please visit- http://www.marketresearchreports.com/technavio/video-surveillance-market-mena-2015-2019
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