Middle East Commercial Security Market Size (2024 - 2029)

The Middle Eastern Commercial Security Market is experiencing growth driven by increasing infrastructure investments and the need to address rising security threats. This demand is further fueled by government regulations mandating security measures, such as surveillance cameras with substantial storage. The expansion of tourism and business activities in the GCC, along with heightened awareness and the adoption of affordable technological solutions, are contributing to the market's growth. Despite temporary setbacks due to the COVID-19 pandemic, the market is expected to benefit from significant investments in urban development, power, and transport sectors, which will enhance the demand for commercial security solutions.

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Market Size of Middle East Commercial Security Industry

middle east commercial security market
Study Period 2019 - 2029
Base Year For Estimation 2023
Forecast Data Period 2024 - 2029
Historical Data Period 2019 - 2022
CAGR 13.80 %
Market Concentration Low

Major Players

Middle East Commercial Security Market Major Players

*Disclaimer: Major Players sorted in no particular order

Middle East Commercial Security Market Analysis

The Middle-Eastern Commercial Security Market is expected to register a CAGR of approximately 13.8% during the forecast period (2022-2027). The demand of commercial security in the Middle East is increasing as the countries such as Saudi Arabia and UAE are rapidly upgrading infrastructure and securing their countries.

The commercial security adoption in the Middle East is being driven by increasing infrastructure investment, the growing risk of suspected threat activities, government regulatory mandates, and severe implementations.

The need for commercial security has increased with the rise in tourism activities and the growth of businesses in the GCC. Also, the regulatory bodies have made compulsion of security surveillance cameras in every area with sufficient video storage capacity.

The realization of the impact of security on the overall productivity of the organizations and end-users and the commitment of regional governments to protecting critical assets and people have been creating the demand for commercial security in the region.

Furthermore, increasing awareness among several sectors about security, increasing adoption of new technological solutions, and availability of devices at a low price are further adding demand in the market studied in the region.

The COVID-19 pandemic has slowed the demand for security systems due to supply chain disruption and delayed and canceled commercial projects in several countries such as Saudi Arabia and the UAE. The large investments underway in the sectors, including urban developments, power sectors, and transport, are expected to propel the demand for commercial security equipment in the forecast period.

Middle East Commercial Security Industry Segmentation

Commercial security refers to protecting large buildings, businesses, and industries such as offices, restaurants, hotels, etc. They usually use devices such as video surveillance, alarms, access controllers, and others. The Middle-East Commercial Security Market is segmented By Security Type, End-user Type, and Country.

By Security Type
Video Surveillance Systems (Cameras - IP & Analog, Video Management, Professional Services)
Access Control Systems (Biometric Readers, Access Cards & Controllers, Services & Software, Intruder Alarms, etc)
By End-user Type
Industrial (Industrial Establishments, Utilities, etc)
Residential
Commercial (Hospitality, Education, etc)
Other End-users
By Geography
UAE
Saudi Arabia
Qatar
Oman
Kuwait
Rest of Middle-East
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Middle East Commercial Security Market Size Summary

The Middle East commercial security market is experiencing significant growth, driven by rapid infrastructure development and heightened security needs in countries like Saudi Arabia and the UAE. The increasing investment in infrastructure, coupled with the rising risk of security threats, has led to a surge in demand for commercial security solutions. Government regulations mandating security surveillance systems, along with the expansion of tourism and business activities in the GCC, have further fueled this demand. The realization of security's impact on organizational productivity and the commitment of regional governments to safeguard critical assets have been pivotal in shaping the market landscape. Despite challenges posed by the COVID-19 pandemic, such as supply chain disruptions, the market is poised for growth, supported by substantial investments in urban development, power, and transport sectors.

The market is characterized by intense competition, with both domestic and international vendors offering technologically advanced solutions. Key players like Dahua Technology Co., Axis Communications, and Hikvision Digital Technology are actively innovating to maintain their competitive edge. The region's focus on smart city projects and advanced security solutions, including video surveillance and access control integration, is a notable trend. The expansion of infrastructure, leading to increased footfall in malls, hotels, and amusement parks, is expected to drive further demand for security devices. Additionally, the rise in industrial exports and new project launches, particularly in Dubai, underscores the market's optimism and potential for continued growth in the coming years.

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Middle East Commercial Security Market Size - Table of Contents

  1. 1. MARKET INSIGHTS

    1. 1.1 Market Overview

    2. 1.2 Industry Attractiveness - Porter's Five Forces Analysis

      1. 1.2.1 Bargaining Power of Suppliers

      2. 1.2.2 Bargaining Power of Buyers

      3. 1.2.3 Threat of New Entrants

      4. 1.2.4 Threat of Substitutes

      5. 1.2.5 Intensity of Competitive Rivalry

  2. 2. MARKET SEGMENTATION

    1. 2.1 By Security Type

      1. 2.1.1 Video Surveillance Systems (Cameras - IP & Analog, Video Management, Professional Services)

      2. 2.1.2 Access Control Systems (Biometric Readers, Access Cards & Controllers, Services & Software, Intruder Alarms, etc)

    2. 2.2 By End-user Type

      1. 2.2.1 Industrial (Industrial Establishments, Utilities, etc)

      2. 2.2.2 Residential

      3. 2.2.3 Commercial (Hospitality, Education, etc)

      4. 2.2.4 Other End-users

    3. 2.3 By Geography

      1. 2.3.1 UAE

      2. 2.3.2 Saudi Arabia

      3. 2.3.3 Qatar

      4. 2.3.4 Oman

      5. 2.3.5 Kuwait

      6. 2.3.6 Rest of Middle-East

Middle East Commercial Security Market Size FAQs

The Middle East Commercial Security Market is projected to register a CAGR of 13.80% during the forecast period (2024-2029)

Honeywell Security, Dahua Technology Co., Axis Communications, Hikvision Digital Technology and Avilgon (Motorola) are the major companies operating in the Middle East Commercial Security Market.

Middle East Commercial Security Report Snapshots

Middle East Commercial Security Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)