Paying it safe: Middle East earthy confidence marketplace to strech $11B by 2020 – Al
October 26, 2015 - storage organizer
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The ongoing change in demand from analogue to Internet custom (IP) cameras in a Middle East is fuelling a region’s fast-growing earthy confidence market, as tellurian manufacturers ready to launch their latest integrated confidence technologies during Intersec 2016.
Growing during double a tellurian rate, a Middle East’s earthy confidence marketplace – that was valued during $3 billion in 2014 – is estimated to grow 25 percent annually over a subsequent 6 years to strech $11 billion in 2020, according to analysts Frost Sullivan.
Physical confidence comprises a operation of confidence hardware including entrance control, video surveillance, penetration detection, fringe protection, doorway alarms, as good as a government program and complement integration, conceptualizing and consulting.
The formation of new technologies in video surveillance, such as cloud-based storage solutions and video analytics, will be underneath a spotlight when a 18th book of Intersec opens on Jan. 17-19, 2016 during a Dubai International Convention and Exhibition Centre.
More than 400 of a 1,300 exhibitors during a three-day eventuality specialize in CCTV-related products, including Swedish-based hulk Axis Communications, and Hikvision, a world’s largest retailer of video notice products and solutions.
Marwan Khoury, Marketing Manager during Axis Communications, pronounced a Middle East and Africa’s sum network video notice marketplace was value about $420 million in 2014, with a joining from analogue to digital or IP video in a segment a vital expansion factor.
“The joining rates from analogue to digital is utterly towering in this region,” pronounced Khoury. “In 2014, it was about 70 percent network contra 30 percent analogue. By 2019, a whole segment will be 94 percent network video surveillance, with countries like a UAE during scarcely 100 percent.”
Ahmed Pauwels, CEO of Messe Frankfurt Middle East, a organizer of Intersec, pronounced a Middle East’s earthy confidence marketplace has insincere larger significance with a altogether prevalent confidence unfolding in a region.
“Given auspicious marketplace conditions in many tools of a region, including ongoing expansion in a construction industry, flourishing economies, increasing urbanization trends and center category populations, a stage is set for a duration of postulated expansion in direct for ground-breaking confidence technologies.”
“As some-more facilities are being brought into a ambit of electronic confidence systems, a concentration of a user is relocating divided from a post eventuality research to impediment and so analytics will play a vital role.”
This view is echoed by another Intersec exhibitor, Promise Technology – a heading developer of open storage solutions for a video notice industry.
The US-founded association is introducing an interactive ‘Promise Theatre’ during Intersec 2016, where Video Management Software (VMS) vendors will denote VMS solutions alongside Promise Technology’s storage solutions.
“Most integrators and installers know each selection for cameras and VMS, though a believe around storage is still limited,” pronounced John outpost basement Elzen, Managing Director during Promise Technology in Europe, a Middle East, and Africa.
“At Intersec 2016, Promise Technology is bringing cameras, VMS and storage together with a possess sessions and ominous presentations from partners in a Promise Theatre.
“Since Promise Technology is an open storage height we are active in all a segments of a notice industry. Promise storage solutions can be found during airports, banks, governments, highways, hospitals, hotels, metro and trains, mines, oil companies, prisons, selling malls, warehouses and many some-more locations.”
Elsewhere, Hikvision is debuting a operation of CCTV cameras, entrance control systems and alarms during Intersec 2016. Binson Xu, General Manager of Hikvision Middle East and North Africa, pronounced his association is targeting a Small and Medium Business (SMB) confidence placement market, as good as craving turn projects in industries such as sell and oil gas.
“Our CCTV volume business is formed on a placement market, that takes around 70 per cent of a revenue, while a craving turn plan marketplace is where we see a many growth,” pronounced Xu. “By a finish of 2015, we aim to be a series one CCTV retailer by income in a Middle East and North Africa region, with a projected annual expansion rate of 50 per cent over a subsequent 3 years.”
Intersec is a world’s heading trade satisfactory for security, safety, and glow protection, focusing on a 6 core sections of Commercial Security; Information Security; Fire Rescue; Safety Health; Homeland Security Policing; and for a initial time in 2016, Smart Home and Building Automation.
The annual showpiece eventuality is returning with several new features, including Safety Design in Buildings Pavilion during a Fire Rescue Section, and a Jobs and Careers Pavilion, bringing thousands of reserve and confidence professionals in hold with a right career opportunities.
Intersec 2016 will also underline a two-day Fire and Safety Conference on Jan. 18-19, 2016, hold in partnership with a Dubai Civil Defense, while Critical Infrastructure Conference, and Health Safety Conference are also set to take place.
Held underneath a clientele of Sheikh Mansoor bin Mohammed bin Rashid Al Maktoum, Intersec is a flagship eventuality of Messe Frankfurt’s tellurian network of confidence and reserve exhibitions, that embody Secutech India, Secutech Taiwan, Secutech Thailand, Intersec Buenos Aires, Secutech Vietnam and Seguriexpo Buenos Aires.