Read the latest market research on Fire, Safety & Security industry in the MENA region.
Paving the way for a new era of cognitive security & surveillance
Until recently the security and surveillance ecosystem had only a few stakeholder participants in product design and development. Yet as the ecosystem has evolved, more stakeholders are becoming active contributors. As innovation by OEMs (Original Equipment Manufacturers) has accelerated, user requirements have moved to the centre of this ecosystem and customers themselves are now playing a key role in shaping the industry. Customers are already playing a much more active role, from product conceptualisation, to design and development, and also in commissioning. This shift is already apparent in the Middle East region and global disruptive use cases facilitated by technology-led innovation are now on the horizon.
Source: PwC Middle East
Middle East Commercial Security Market
Middle East commercial security market is predicted to record positive growth over the coming years, mainly driven by increasing commercial activities and tourism. With major upcoming events, including FIFA World Cup 2022, and growing economic stability, the construction industry in the Middle East is expected to record significant growth. With increasing demand for security, the commercial security market is expected to record high growth in the coming years in the region.
Middle East Fire Safety Systems & Equipment Market
The fire safety systems & equipment market in the Middle East region grew moderately in the past years. However, a few countries in the region such as UAE and Qatar, witnessed substantial growth as the construction sector in these countries was undergoing a phase of rapid expansion during the period 2017-2019 on the back of major events that were to be held in these countries.
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