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.
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Qatar Electronic Security Market, Qatar Building Automation Market - 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. Doha’s 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/defense-and-
security/security-devices/qatar-electronic-security-
market/94376-16.html