According to the research report titled ‘UAE Video Surveillance Market Analysis, 2020’, available with Market Study Report, UAE video surveillance market is likely to showcase a y-o-y growth rate of 4% between 2020 and 2026. 
 

Surging investments towards infrastructural development coupled with introduction of favorable initiatives such as Vision 2021 and Dubai Smart City initiatives are some of the key factor driving the growth of UAE video surveillance market. High concerns regarding private and public security have impelled the demand for several security systems such as intrusion detection, access control, and video surveillance technologies, thereby stimulating the overall industry outlook.
 

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Economic slowdown and lockdown enforcement stemmed by the COVID-19 pandemic has resulted in supply chain disruptions and lack of site access and hence, is negatively impacting UAE video surveillance industry outlook. Regardless, recovering construction activities and widespread installation of cameras in residential buildings are creating significant growth opportunities for the industry participants in this business domain.
 

The end-user landscape of UAE video surveillance industry consists of institutional, industrial, residential, commercial, and infrastructure segments. Among these, the report cites that the infrastructure segment is likely to generate lucrative revenues for the overall market in the upcoming years.
 

Escalating expenditure towards development of several construction projects including metros, airports, and shopping malls coupled with increasing deployment of video surveillance technologies in public spaces in order to lower crime rate and ensure public safety are favoring the overall market outlook in the UAE.
 

On the other hand, UAE video surveillance industry size from residential segment is estimated to register significant growth throughout the forecast period. UAE has been witnessing high demand for video surveillance in residential establishments to prevent burglary and theft as well as to ensure public safety, thereby facilitating the business scenario.
 

The prominent companies operating in UAE video surveillance market are Pelco Inc., Hangzhou Hikvision Digital Technology Co. Ltd., Zhejiang Dahua Technology Co. Ltd., CP Plus FZE, Bosch Security System Inc., Honeywell International Inc., Hanwha Techwin Middle East FZE, Axis Communication AB, and Avigilon Corp. among others.