News

Ideas That Generate Results

Middle East Electronic Security Market Booming

Jan 15, 2010

Share |

With the development of ICT industry, demand for electronic security is also surging in the Middle East. The region is also dealing with increasing number of security concerns ranging from border security and private citizen safety to transaction fraud. As the imports of safety and security products in the region have been growing 10%-15% annually, Middle East is fast becoming one of the most attractive markets for this industry in the world. Network intrusion protection systems, web security systems, CCTVs and related security software development are some of the areas full of opportunities.

According to our research report "Middle East ICT Market Analysis", the region's electronic security market is expected to grow at a CAGR of around 20% during 2009-2012 to be worth around US$ 720 Million by 2012 end. Our research provides extensive research and analyzes various factors that will drive the electronic security market in the region. Our research also evaluates opportunities for security software developers as well as for the security equipment manufacturers to provide secure business solutions to industries, corporate and even to the households in the region.

Our team of experts has found that the Next Generation Networks will play an important role in fuelling the growth of the Middle East ICT sector in future. Several countries in the region are devising their strategies to roll out next generation networks (NGN), like 3G and WiMAX, to offer high speed data services to their clients. We have done an extensive and coherent study of the future prospects of WiMAX and 3G in the region.

To better gauge the future success of the Internet market in the Middle East, "Middle East ICT Market Analysis" provides forecast on the number of Internet subscribers and their penetration rate, as well as the number of broadband subscribers and their penetration rate in the Middle East countries. The forces driving the growth of the Internet market have also been discussed in detail. Besides, the report also provides deep insight of the past and current performance of the IT industry at country level, including software industry, hardware industry and services industry.

For more information visit: http://www.rncos.com/Report/IM562.htm


Media Citation

get in touch

Please fill-in the information below.