Florida, May 10, 2016: With its recently published study on “Homeland Security Market in the Middle East – Trends & Forecast – 2016–2022”, MRE predicts homeland security to be one of the fastest developing markets in the Middle East due to the initiatives taken by government and private organizations. In addition, the presence of major importers of oil and gas in this region demands attention towards security measures. Also, the need for effective command, control, recovering the information from a terrorist and effective immigration fosters the growth of the market. The solution providers are also showing interest in this region due to increase in cyber-attacks and demand for security solutions. Due to this wide demand, solution providers are trying to enter the homeland security market and capture the untapped region. Witnessing a wide adoption of solutions across the region, “Homeland Security market in the Middle East” is expected to grow at CAGR of 14.6% for the period of 2016–2022 (taking 2015 as the base year).
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Full Report: http://www.marketresearchengine.com/reportdetails/middle-east-homeland-security-market
The investment in infrastructure is highest in
the Middle Eastern countries, especially in UAE, Turkey, and Saudi Arabia which
will drive the market for CIP solutions. However, cybersecurity solutions hold
majority of the share in the Homeland Security market. It is expected that
countries such as Iraq and Egypt will also start spending on Homeland Security
by 2020. Countries such as Oman are considered the most established for
protecting its homeland. The countries such as Kuwait, Iraq, Iran, and Saudi
Arabia will focus more on land borders as they are very sensitive areas. The
nuclear security is expected to increase and reach around $0.70 billion by 2022
as lots of terrorist organizations have started to use nuclear bombs.
“Saudi Arabia, UAE, Turkey, and Qatar, being the
key potential countries, are driving the Homeland Security market in the Middle
East region. Predominantly the factors driving the growth are positive economic
growth/changes, large-scale infrastructure engineering such as smart cities
projects, intelligent transportation, travel & tourism, upcoming Dubai EXPO
2020, and FIFA World Cup 2022 in Qatar.”
“Homeland
Security market in the Middle East is drastically changing due to the
presence of global vendors and is also increasing demand for security. Moreover,
the nuclear and radiological threats will drive the investment in CBRN
solutions in next three to four years.”
The
report provides an in-depth analysis and forecast about the industry covering
the following key features:
• This report talks about the major threats in
the Middle East and also, how the organizations are considering this an
opportunity to come up with new software and solutions.
• The report not only talks about the challenges
faced by the vendors but also brings the trends that might reduce the
challenges.
• This market has been analysed by taking into
account key countries, i.e. UAE, Saudi Arabia, Qatar, Kuwait, Oman, Turkey,
Jordan, Israel, Bahrain, and Yemen. The segmentation covered in the report is
Cybersecurity, CIP, CBRN, Transportation, Mass Transit, and Emergency Response.
• Analysts have rated top 5 vendors according to
the revenue generation from Middle Eastern countries.
• Stakeholders’ insights and key trends (current
and future) of the market.
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