Market Research Report System Integrators Market Saudi Arabia

Diversification of Economy from Oil Based Industries, Managing Hajj pilgrims is
Expected to Boost Demand for Saudi Arabia Electronic Security Market: Ken
Research
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CCTV and system integration devices are expected to increase in future as smart
technologies gain importance.
Improving technology and customer willingness to pay premium for quality
products will help in augmenting market revenue.
Government keen interest to sustain the economic growth by diversifying industry
base will lead to investment in electronic security market. This will create growth
opportunities for all type of electronic devices in Saudi Arabia.
Government of Kingdom of Saudi Arabia is planning to increase the role of private
sector in economy in order to improve efficiency and make its market more open
and competitive. Easing restrictions on foreign lenders, private sector involvement
in the financing and construction of education infrastructure, security for small and
medium businesses, scheduled opening of Riyadh metro in 2019 and Vision 2030 are
some key factors that are expected to boost the market for electronic security devices
in Saudi Arabia. It is expected that revenue generation will continue to increase till
2021. It is expected that CCTV will continue its dominance in the electronic security
market in Saudi Arabia. Government will continue its dominance as major user of
electronic security devices however its share may decline.