Saudi Arabia Physical Security System Market : Size, Share and Forecast to 2023Posted by Bharat Book on August 24th, 2018 Bharat Book Bureau Provides the Trending Market Research Report on “Saudi Arabia Physical Security System Market” under Media & Technology category. The report offers a collection of superior market research, market analysis, competitive intelligence and industry reports. During 2014-17, Saudi Arabia physical security systems market registered a decline owing to deteriorating economic conditions, primarily due to slump in oil prices. During this period, major government spending was cut down, resulting in halt in several government projects in the country. Moreover, in 2017, change in the government taxation policy for import of goods resulted in an increase in ASP of the imported products which further led to decline in demand for Saudi Arabia Physical Security System Market is projected to reach 2 million by 2024. In 2016, the market declined due to falling government spending owing to declining oil prices. However, the market is anticipated to bounce back with recovery of oil prices post 2017. Growing security concerns and increasing crime index in Saudi Arabia are expected to boost the growth of Physical Security System market during the forecast period. Amongst all the verticals, the government & transportation vertical acquired highest revenue share of the market. Over the next six years, the hospitality & healthcare and education verticals are forecast to grow at a higher CAGR during 2018-24. In Saudi Arabia, the Central region held major market share for physical security systems in terms of revenues on the back of increasing infrastructure development activities, especially in the commercial and residential verticals. The Central region is expected to maintain its dominance during the forecast period as well. Request a free sample copy Physical Security System of Market Report @ https://www.bharatbook.com/MarketReports/Sample/Reports/1154251 The report thoroughly covers the market by physical security system types, by verticals and by regions. The report provides an unbiased and detailed analysis of the on-going trends, opportunities/ high growth areas and market drivers which would help the stakeholders to device and align market strategies according to the current and future market dynamics. Key Highlights of the Report:
Markets Covered The report provides detailed analysis of the following market segments:
- Video Surveillance ■ Analog Video Surveillance ■ IP Video Surveillance ■ Video Surveillance Software - Access Control ■ Biometric ■ Card Reader ■ Turnstiles ■ Others - Road Blockers ■ Hydraulic ■ Anti-Ram Bollards - Barriers & Gates ■ Manual ■ Automatic - Under Vehicle Inspection ■ Fixed ■ Portable - Metal & Weapon Detection System ■ Handheld ■ Static
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