Overview
Saudi Arabia has become one of the world’s fastest growing single market for security equipment and technology. Safety concerns in Saudi Arabia have fueled a rapid expansion of market for security equipment and services. The terrorist attacks in the past few years have forced many institutions, companies and industries to re-evaluate their security needs. The market has grown astronomically by an estimated 40 percent in 2005 and expected to remain buoyant in 2006 and beyond.
Best Prospects/Services
Good potential exists for various equipment and systems across the board, but mainly, for access control, identification equipment, closed circuit television, surveillance and scanning equipment. End-users are becoming more sophisticated about using security products, both on a personal and corporate level. As such, the demand for new technologies and enhancements to existing systems is increasing in line with allocated expenditures for these systems and services.
For more information please contact:
Ahmed Khayyat at ahmed.khayyat@
in Riyadh mail.doc.gov
Yousef Daqqaq at yousef.daqqaq@
in Jeddah mail.doc.gov
Ishtiaq Hussain at ishtiaq.hussain@
in Dhaharan
mail.doc.gov