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Denmark Tire Market Overview:
According to MarkNtel Advisors study the UAE Video Surveillance market is projected to grow at a CAGR of around 4.35% during the forecast period, i.e., 2023-28. With the rapid urbanization & increasing population density, public safety & security have become key issues for governments & law enforcement agencies in the UAE, which has instigated the need for a proper video surveillance system to avoid any security threats. The use of this system in public places such as airports, train stations, and shopping malls has become increasingly common, and there is a growing demand for solutions that could monitor & secure these areas. Thus, the rising concerns about public safety & security are driving the adoption of these solutions in the UAE & are expected to lead the market growth during the upcoming years as well. Along with this, the country capitalized the video surveillance technologies to curb the COVID-19 impact, where the UAE government installed surveillance cameras in the emirates to raise the detection rates of COVID-19.
Key Findings of the Study: Denmark Tire market
UAE Video Surveillance Market Possible Restraint:
Risks Associated with Cybersecurity to Hamper the Market Growth - Cybersecurity risk associated with overall video surveillance systems is deterring the growth of the UAE market. Hacking tools have now become easier to use, enabling hackers to take advantage during various occasions such as mega-events like new year celebrations & other holiday seasons. Some of the vulnerabilities that have been negatively impacting the market growth are weak, reused, or infrequently changed passwords leading to the occurrence of cyber breaches in various public & private institutions, including residential apartments, commercial spaces, etc. Some hacking cases related to video surveillance that are reported during the past period in the UAE are also presumed to exist in the years ahead, thus would impede the market expansion.
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Scope of the Denmark Tire Market Report Segmentation
-By Component
· Camera
· Monitor
-By Media
· Storage
· SoftwareAccessories
-By Connectivity Type
· Wired- Market Size & Forecast 2018-2028F, USD Million
· Wireless- Market Size & Forecast 2018-2028F, USD Million
-By Services
· Video Surveillance as a Service- Market Size & Forecast 2018-2028F, USD Million
· End User- Market Size & Forecast 2018-2028F, USD Million
· Infrastructure
· Commercial
· Residential
· Industrial
· Institutional
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Geographical analysis:
-By Region
· Dubai
· Abu Dhabi & Al Ain
· Sharjah & Northern Emirates
Among all, Dubai has held the major market share for video surveillance cameras with an increased focus on security due to the relatively higher population & migrant inflow in the UAE. The UAE embraces a large number of tourists from all over the world, underscoring the necessity of ensuring safety & security systems. According to the Department of Economy and Tourism (DET), Dubai received nearly 14.36 million tourists in 2022, which is around 97% higher than the 7.28 million tourist arrival in 2021. The number of tourists is further expected to grow with the government’s policies to diversify the economy from oil & gas to other financial & tourism-based avenues. Dubai has also planned to complete its USD33 billion expansion of DWC airport to handle nearly 130 million passengers by 2024. Thus, with the increased investment for infrastructure, developed & supported by the rising tourism, Dubai is anticipated to hold a considerable share of the UAE Video Surveillance market during the forecast period.
Current Landscape of Denmark Tire Market
The report delineates key market participants and thoroughly assesses their strategic approaches, trends, innovations, and manufacturing infrastructure, enabling a forecast of their market impact over the next five years. The meticulously researched data presented holds the potential to distinguish even nascent market entrants in the long term. Armed with pertinent data and actionable insights, our research report delivers a comprehensive overview of the market, empowering investors and stakeholders to establish a robust presence in the Denmark Tire market. The research report profiles major players, including
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· Aavigilon Corporation
· Axis Communication
· Hanwa Techwin Middle East FZE
· Honeywell International Inc.
· Bosch Security System Inc.
· CP Plus FZE
· Zhejiang Dahua Technology Co. Ltd.
· Hangzhou Hikvision Digital Technology Co. Ltd.
· Pelco Inc.
· Huawei Technologies
· Others
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