Kuwait Video Surveillance Marketplace Reviewed in New 6Wresearch Report Recently Published at MarketPublishers.com23 Sep 2015 • by Natalie Aster
LONDON – Kuwait video surveillance market has been gaining momentum, driven by surging demand for IP cameras, in tandem with rising penetration of video analytics software. Furthermore, increasing construction activities, threats of terrorism, alongside rising IT spending in the country, underpinned Kuwait’s overall electronic security market growth. The construction of 3 new cities in Kuwait is boosting the demand for electronic safety and security systems, mainly video surveillance systems alongside network access control (NAC) systems. The country’s is likely to spend close to USD 90-100 billion on the upcoming Silk City Project, which would stimulate the growth of IP-based surveillance security systems.
Kuwait’s market for video surveillance systems is projected to post 5% growth in 2015. IP-based video surveillance systems grabbed the lion’s share of the market in 2014, with the trend set to continue over the forecast period. Meantime, analog video surveillance’s share is poised to decline in the forthcoming years. In addition, the domestic video surveillance market is forecast to witness soaring demand for video analytics software.
New market research report “Kuwait Video Surveillance Market (2015-2021): Market Forecast by Surveillance Types, Components, Applications and Regions” developed by 6Wresearch provides in-depth analysis of the national video surveillance market, segmented based on type, component, vertical, and by region. The report provides an unprejudiced and detailed analysis of the ongoing trends, opportunities and/or high growth areas, market driving factors and restraints. The competitive landscape is discussed as well as the 6 leading companies are analysed.
Market size data (historical and current) and forecasts of the video surveillance market, globally and in Kuwait, are provided from 2010 and until 2021.
Companies mentioned are: Hangzhou Hikvision Digital Technology Co. Ltd., Axis Communications AB, Bosch Security Systems, Inc., Honeywell International Inc., Samsung Techwin Co. Ltd. and Pelco by Schneider Electric.
Kuwait Video Surveillance Market (2015-2021): Market Forecast by Surveillance Types, Components, Applications and Regions
Published: September, 2015
Price: US$ 1,770.00
More reports by the publisher can be found at 6Wresearch page.