Middle East appetite for physical and perimeter security to be worth US$23 billion by 2024
Growth driven by rapid increase in infrastructure investment, booming tourism and retail sectors and growing threat perception
Dubai, UAE: The rapidly transforming economies of the Middle East have been the turbines of remarkable growth and development across all segments of society over the years.
But while rapidly rising incomes have led to immense improvements in the quality of life and lifestyles, the nature and complexity of threats to the safety, security, property and wellbeing of citizens and corporates based in the region, have also increased incrementally.
This has led to a pronounced uptick in demand for the latest in safety and security solutions from governments, companies and the general populace across the entire region, making it a prime growth market for the world’s leading safety and security brands.
That being the case, Intersec 2019 has become the global platform of choice for the majority of the industry’s leading lights, to engage and interact with some of their most significant market stakeholders and big ticket buyers.
The upcoming edition of Intersec, which takes place in early 2019 in Dubai, will see a star-studded line-up of leading safety, security and fire protection equipment manufacturers and solution providers assemble to cater to the increasingly sophisticated requirements of the discerning Middle East customer.
“As the Middle East continues its development as one of the world’s most influential markets for safety, security and fire protection, the nature of the market too is rapidly transforming, “said Andreas Rex, the Show Director for Intersec’s organiser, Messe Frankfurt Middle East.
“With greater exposure to the global marketplace and the increased awareness of the complex threats they face in their work and personal environments, the Middle East consumer of safety and security products and solutions are increasingly on the lookout for cutting-edge solutions to combat increasingly sophisticated threat factors. Intersec 2019, will present a smorgasbord of the latest innovations in safety and security safeguards for the benefit of the regional trade buyers,” he added.
A good example of the surging regional security market is the scenario in the physical and perimeter security sector, which is one of the fastest-growing at Intersec. According to a white paper prepared exclusively for Intersec by analysts 6Wresearch, the regional market for physical and perimeter security is expected to grow 13.5 percent CAGR between 2018 and 2024, by when it is estimated to be worth US$23 billion.
Increased government spending on safety and security measures and surging tourism and hospitality sectors are the main engines of the expansion, with UAE, Saudi Arabia and Bahrain expected to be the key marketplaces to watch.
The white paper indicated a growing appetite for real time analytic cameras across the region as well as a preference for thermal imaging cameras for the industrial sector, especially in the crucial oil and gas sector.
Hoping to profit from this growth segment is Gunnebo Middle East, a global physical security provider, who will be showcasing their access control and perimeter security systems at Intersec. J
Jacob Touma, Regional General Manager for Gunnebo Middle East said, “We will showcase the latest generation of security solutions within entrance control, electronic security, high-security outdoor perimeter protection, safes and vaults and cash management solutions.
“The solutions Gunnebo will showcase at Intersec all fit very well into the Smart City concept. Gunnebo sees good opportunities for continued business growth in the region as the Smart City concept will be extended and implemented also covering security.
“The regional market is very advanced in terms of customer demands, and customers willingness to be first with new technology. Also, customers in the region require premium quality, and knows very well how quality is being defined,” Touma added.
Meanwhile, Matrix Comsec will be displaying their full range of solutions at Intersec 2019’s Information Security section.
Global Sales Head, Abhay Joshi said, “Intersec provides us with ample opportunities to showcase security products catering to the Middle Eastern market.
“In 2019, we’ll showcase our Mobile Based Access Control solution, with the help of which a user can either scan the QR Code or twist the phone using the COSEC APTA mobile app to mark their attendance.
“We will also demonstrate our feature-rich Time-Attendance and Access Control solution that can be deployed on premise with Cosec Centra and on cloud with Cosec Vyom. We are also planning to show Cosec Door FMX with multispectral fingerprint sensor which reads surface as well as sub-surface of a finger, making it suitable for dry, wet, elderly or oily hands. Alongside, we will showcase Video Management software with recently launched Network Video Recorders and Professional IP Cameras,” Joshi added.
Intersec 2019 covers the seven sections of Commercial Security; Fire & Rescue; Perimeter & Physical Security; Safety & Health; Homeland Security & Policing; Information Security; and Smart Home & Building Automation.
Commercial Security will be the largest section on the exhibition floor, with more than 450 exhibitors, includingtwo-thirds of the world’s top 50 commercial security providers. Fire & Rescue is the next largest section, with more than 400 exhibitors, followed by Safety & Health (150 exhibitors) Homeland Security & Policing (100 exhibitors); Perimeter and Physical Security (100 exhibitors), and Information Security (50).
A revamped conference line-up will be spearheaded by the Intersec Future Security Summit, raising key issues on Artificial Intelligence, security integration, emergency preparedness and response, data protection, and the Internet of Things.
The one-day Intersec Fire Conference on 21st January will provide insights into the changing global trends in fire protection and its implications on the Middle East, while Dubai’s Security Industry Regulatory Agency (SIRA) Forum will also return with the latest updates in security law and industry regulations in Dubai.
Returning popular features to Intersec 2019 include the Drone Zone, an Outdoor Demo Area, a Smart Home Pavilion and the Safety Design in Buildings Pavilion.