United Arab Emirates Surveillance Camera Market Size
| Study Period | 2019 - 2029 |
| Base Year For Estimation | 2023 |
| Market Size (2024) | USD 0.62 Billion |
| Market Size (2029) | USD 0.95 Billion |
| CAGR (2024 - 2029) | 8.85 % |
| Market Concentration | Low |
Major Players
*Disclaimer: Major Players sorted in no particular order |
United Arab Emirates Surveillance Camera Market Analysis
The United Arab Emirates Surveillance Camera Market size is estimated at USD 0.62 billion in 2024, and is expected to reach USD 0.95 billion by 2029, growing at a CAGR of 8.85% during the forecast period (2024-2029).
- The United Arab Emirates boasts one of the world's highest per-capita concentrations of surveillance cameras. These cameras, prevalent from Abu Dhabi's streets to Dubai's iconic skyscrapers, diligently monitor passing individuals, capturing their faces and license plates. While initially lauded as a safety bolster in a nation largely unscathed by significant militant threats, the extensive surveillance also equips the authoritarian government with tools to monitor dissent.
- The United Arab Emirates has emerged as a prominent hub for the trade of invasive surveillance technology, often deploying it domestically. The ruler of Dubai proudly announced a vast network of 300,000 cameras and drones solely in Dubai, all in pursuit of a "zero crime" objective. This surveillance network, known as Oyoon, integrates cameras with facial recognition databases, enabling real-time tracking of individuals across Dubai. In addition, Abu Dhabi introduced a parallel system, Falcon Eye.
- Through initiatives like Dubai's "Smart Dubai" and Abu Dhabi's "Integrated Smart City," the government spearheads ambitious smart and safe city projects. These initiatives require the installation of comprehensive surveillance camera networks in tandem with cutting-edge analytics, facial recognition, and real-time monitoring. Consequently, there's a surging demand for surveillance cameras and associated infrastructure in the UAE's primary urban hubs.
- However, surveillance can fuel privacy concerns among employees and customers. The efficacy of these cameras hinges on the robustness of their supporting technology and infrastructure. Challenges such as camera downtime, data loss, and cyber vulnerabilities can lead to security blind spots. In addition, small- and medium-sized enterprises, especially, face a significant financial outlay for equipment, installation, and subsequent maintenance.
- Government regulations on surveillance camera import and export significantly shape the accessibility and reliability of these devices. These rules vary in the country, often demanding rigorous certifications, testing, and adherence to specific standards. While designed to ensure safety and quality, these regulations can pose challenges for manufacturers, suppliers, and buyers. Delays in such camera availability due to import/export regulations can hinder their swift adoption across various end-user segments.
United Arab Emirates Surveillance Camera Market Trends
IP-Based Camera Type is Expected to Hold a Significant Market Share
- The United Arab Emirates (UAE) is witnessing a surge in demand for IP-based surveillance camera systems, mainly due to their distinct advantages over traditional analog cameras. IP cameras boast superior image resolutions, often in the range of megapixels or even 4K/8K, ensuring crisper and more detailed footage than analog systems. This heightened clarity is pivotal for tasks like facial recognition, license plate identification, and monitoring distant or small objects.
- IP camera systems are highly scalable, enabling seamless network expansion by simply adding new cameras without the complexities of rewiring or infrastructure overhauls. They also offer enhanced flexibility in camera placement, facilitate remote access, and seamlessly integrate with other security and smart city frameworks.
- With cutting-edge technologies revolutionizing transportation, energy, and healthcare, smart cities in the UAE are making a mark on the global stage. The 2024 IMD Smart City Index highlights Dubai and Abu Dhabi's remarkable ascent, cementing their status as premier smart city hubs. According to the report, Abu Dhabi got a remarkable three-spot jump, landing globally in the coveted 10th position.
- The UAE government's emphasis on public safety, bolstered by the advanced features of IP-based surveillance cameras, has firmly embedded these systems within the nation's security infrastructure. According to the latest statistics from the Government of Dubai, in 2023, the city has witnessed around 24.6 total crimes held per hundred thousand people, which is a decrease of around 27% from the previous year, 2022. This might be one of the fruitful results of excessive interest in deploying surveillance cameras across the city with stringent regulations.
Banking End-User Industry is Expected to Hold a Significant Market Share
- The banking sector faces various security challenges in the UAE, from traditional risks like robberies and fraud to more modern threats like cybercrime and money laundering. Surveillance cameras are pivotal in preventing and uncovering these dangers, offering crucial evidence for investigations and subsequent legal actions. With the UAE solidifying its economic and financial powerhouse position, the banking sector has become an even more enticing target for criminals, accentuating the urgency for heightened security protocols. As of Q2 2023, the total assets of First Abu Dhabi Bank, the UAE's largest bank, stood at AED 1.14 trillion (USD 0.31 trillion).
- In addition, the Central Bank of the UAE (CBUAE) released stringent security guidelines for banks in the UAE. These guidelines require banks to install advanced surveillance systems, such as high-definition IP cameras, to oversee and document activities within their premises. Adhering to these regulations is pivotal for banks to retain their operational permits and avoid substantial fines and penalties.
- The UAE leads in embracing cutting-edge surveillance camera technologies, such as high-definition IP-based systems, intelligent analytics, and seamless integration with other security platforms. These advancements empower banks to bolster their security stance through enhanced real-time monitoring, automated alerts, and data-centric decision-making. Notably, features like facial recognition and license plate recognition assist in identifying suspicious individuals or vehicles, and analytics-driven systems excel in detecting and flagging unusual activities.
- In the UAE, banks are leveraging sophisticated surveillance systems as a strategic edge, underscoring their dedication to customer safety and robust banking protocols. Given the UAE customers' stringent security expectations, the integration of advanced surveillance cameras plays a pivotal role in bolstering trust and bolstering the bank's brand.
United Arab Emirates Surveillance Camera Industry Overview
The UAE surveillance camera market is highly competitive, with the presence of several global players. Companies secure a strong position in the market through continuous innovations, partnerships, mergers, and acquisitions. In addition, companies often attend several trade exhibitions to acquire a large number of customers. Some of the significant players in the market are Hangzhou Hikvision Digital Technology Co. Ltd, Dahua Technology Co. Ltd, CP PLUS, Axis Communications AB, and ZKTECO CO. LTD.
• April 2024: ZKTeco launched its latest addition to its IP camera series, the ZKBio Sense series, which consists of active deterrence IP cameras that serve as the primary surveillance cameras. These cameras leverage deep-learning algorithms and computer vision technology. The ZKBio Sense series accurately identifies and distinguishes between humans, vehicles, and objects equipped with a robust CPU and an intelligent classification algorithm. They are adept at filtering out non-target objects and minimizing false alarms. These IP cameras boast features like smart hybrid lighting, red/blue strobe lights, and audio alerts, offering an active deterrent warning.
• January 2024: Axis Communications unveiled its latest products, including the network camera technology at Intersec Dubai. Among these releases was a thermometric camera, uniquely crafted and certified for deployment in hazardous locations under Zone and Division 2 classifications.
United Arab Emirates Surveillance Camera Market Leaders
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Hangzhou Hikvision Digital Technology Co., Ltd.
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Dahua Technology Co., Ltd.
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CP PLUS
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Axis Communications AB
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ZKTECO CO., LTD.
*Disclaimer: Major Players sorted in no particular order
United Arab Emirates Surveillance Camera Market News
- April 2024: Hanwha Vision introduced two cutting-edge AI PTZ Plus cameras: the XNP-C9310R and XNP-C7310R. These cameras leverage AI for rapid zooming and focusing, bolstering situational awareness and slashing response times. Notably, they are designed to perform exceptionally even in harsh weather conditions like storms and snow. Due to their innovative spin dry and heater functions, they efficiently eliminate water and ice, guaranteeing clear visuals consistently.
- March 2024: Sharjah Police's installation of 89,772 high-tech surveillance cameras in the emirate has left a resounding impact, with an overwhelming 99.7% of Sharjah residents reporting heightened feelings of safety. The police highlighted that 99.3% of residents express confidence in the force's security maintenance capabilities, and an impressive 99.1% voiced their trust in local police stations. During a recent briefing, authorities disclosed a significant decline in serious crimes, with the rate plummeting to 40 incidents per 100,000 people last year.
United Arab Emirates Surveillance Camera Market Report - Table of Contents
1. INTRODUCTION
1.1 Study Assumptions and Market Definition
1.2 Scope of the Study
2. RESEARCH METHODOLOGY
3. EXECUTIVE SUMMARY
4. MARKET INSIGHTS
4.1 Market Overview
4.2 Industry Attractiveness - Porter's Five Forces Analysis
4.2.1 Threat of New Entrants
4.2.2 Bargaining Power of Buyers
4.2.3 Bargaining Power of Suppliers
4.2.4 Threat of Substitute Products
4.2.5 Intensity of Competitive Rivalry
4.3 Industry Value Chain Analysis
4.4 An Assessment of Macroeconomic Trends on the Market
5. MARKET DYNAMICS
5.1 Market Drivers
5.1.1 Rapid Urbanization and Population Growth
5.1.2 Stringent Government Regulations to Prevent Increasing Criminal Activities
5.2 Market Restraint
5.2.1 Data Privacy and Security Issues
6. MARKET SEGMENTATION
6.1 By Type
6.1.1 Analog
6.1.2 IP-based
6.2 By End-user Industry
6.2.1 Government
6.2.2 Banking
6.2.3 Healthcare
6.2.4 Transportation and Logistics
6.2.5 Industrial
6.2.6 Other End-user Industries (Education Institutions, Retail, and Enterprises)
7. COMPETITIVE LANDSCAPE
7.1 Company Profiles
7.1.1 Hangzhou Hikvision Digital Technology Co. Ltd
7.1.2 Dahua Technology Co. Ltd
7.1.3 CP PLUS
7.1.4 SAMSUNG ELECTRONICS Co. Ltd
7.1.5 Pelco
7.1.6 Axis Communications AB
7.1.7 Honeywell International Inc.
7.1.8 Vantage Security
7.1.9 Uniview-UAE (Zhejiang Uniview Technologies Co. Ltd)
7.1.10 ZKTECO CO. LTD
- *List Not Exhaustive
8. INVESTMENT ANALYSIS
9. FUTURE OF THE MARKET
United Arab Emirates Surveillance Camera Industry Segmentation
Surveillance cameras monitor public areas from a distance, often in plain view. The market size is defined by the revenue generated from surveillance camera sales across multiple end-user industries sold by various vendors. Additionally, the study delves into growth trends and the influence of macroeconomic factors on the market.
The UAE surveillance camera market is segmented by type (analog and IP-based) and end-user industry (government, banking, healthcare, transportation and logistics, industrial, and other end-user industries [education institutions, retail, and enterprises]). The report offers market forecasts and size in value (USD) for all the above segments.
| By Type | |
| Analog | |
| IP-based |
| By End-user Industry | |
| Government | |
| Banking | |
| Healthcare | |
| Transportation and Logistics | |
| Industrial | |
| Other End-user Industries (Education Institutions, Retail, and Enterprises) |
United Arab Emirates Surveillance Camera Market Research FAQs
How big is the United Arab Emirates Surveillance Camera Market?
The United Arab Emirates Surveillance Camera Market size is expected to reach USD 0.62 billion in 2024 and grow at a CAGR of 8.85% to reach USD 0.95 billion by 2029.
What is the current United Arab Emirates Surveillance Camera Market size?
In 2024, the United Arab Emirates Surveillance Camera Market size is expected to reach USD 0.62 billion.
Who are the key players in United Arab Emirates Surveillance Camera Market?
Hangzhou Hikvision Digital Technology Co., Ltd., Dahua Technology Co., Ltd., CP PLUS, Axis Communications AB and ZKTECO CO., LTD. are the major companies operating in the United Arab Emirates Surveillance Camera Market.
What years does this United Arab Emirates Surveillance Camera Market cover, and what was the market size in 2023?
In 2023, the United Arab Emirates Surveillance Camera Market size was estimated at USD 0.57 billion. The report covers the United Arab Emirates Surveillance Camera Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the United Arab Emirates Surveillance Camera Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029.
United Arab Emirates Surveillance Camera Industry Report
Statistics for the 2024 United Arab Emirates Surveillance Camera market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. United Arab Emirates Surveillance Camera analysis includes a market forecast outlook for 2024 to 2029 and historical overview. Get a sample of this industry analysis as a free report PDF download.
