GCC Home Security Systems Market by Residence Type (Independent Homes, Condominiums and Apartments) by Product Type (Video Surveillance, Intruder Alarms, Fire Protection, Access Control and Others) by Sensor Type (Wireless Sensors and Wired Sensors) by Installation Type (Professional Installation and DIY Type Installation): Industry Analysis, Trends, Growth and Forecast 2023-2028

GCC Home Security Systems Market Overview:

The GCC home security systems market was worth US$ XX Billion in 2022, expanding at a CAGR of X% during 2017-2022. Looking forward, the market is projected to grow at a CAGR of around X% during 2023-2028, reaching a value of US$ XX Billion by 2027. A home security system safeguards a building or home from intruders by securing entry points, such as doors, windows, and interior space. It comprises integrated hardware and software devices linked to a central system that is installed for enhanced security and protection. When the security system is triggered, it sends an alert to the hub, which forwards a notification and alert to a monitoring center. These integrated electronic devices efficiently monitor and capture suspicious activity to protect homes against burglaries, fire, uninvited intruders, and other environmental disasters, such as burst pipes. Some of the commonly available product variants include motion and body heat sensors, sirens and alarms, locks, door and window sensors, security cameras, and control panels. In the GCC, home security systems are witnessing a significant surge in demand on account of the rising consumer awareness regarding home security.

The primary factor driving the GCC home security market is the increasing cases of burglaries and theft and rising awareness regarding home security solutions. This is further supported by burgeoning consumer per capita income and rapid internet penetration in the region. In line with this, key market players are integrating the internet of things (IoT) and connected technologies with home security systems to make the home more secure, remotely controllable, and interconnected, which, in turn, is creating a positive outlook for the market. Moreover, the rapidly expanding residential sector and easy product availability in online retail stores are accelerating the market growth. Furthermore, the increasing adoption of cloud-based security systems and the rising construction of smart cities are providing a considerable thrust to the market growth in the region. Other factors, such as surging criminal records, rapid technological advancements, and burgeoning investments in research and development (R&D) activities by key players, are positively contributing to the market growth.

Beginning with a regional overview, the report explores the dynamics that have a strong influence on the GCC home security systems market and can also impact its future growth. Taking 2022 as the base year, the report covers historical market scenario from 2017-2022 and provides forecasts till 2028. This includes the study of value and volume trends and pricing history. Growth inducing factors, market restraints and recent developments have also been analysed in the report in order to provide a deeper knowledge about the industry. On a regional basis, the report examines the GCC home security systems market in Saudi Arabia, United Arab Emirates, Qatar, Kuwait, Oman and Bahrain. For each of these regions, the report studies the GCC home security systems market in detail for latest trends, outlook and opportunities.

The report analyses the competitive structure of the GCC home security systems market industry and provides the profiles of major players operating in the market. The price margins for the products along with the various success and risk factors for manufacturers have also been covered in the report. Moreover, in order to determine market attractiveness, the report analyses the GCC home security systems market industry along the parameters of the Porter’s Five Forces model. This model examines the degree of competition in the GCC home security systems market industry by analysing the threat posed by new entrants and substitutes, and the bargaining power of suppliers and buyers. SWOT analysis of the market has also been presented in the report which highlights the strengths, weaknesses, opportunities and threats pertaining to the GCC home security systems market industry. Furthermore, the value chain analysis of the GCC home security systems market industry has also been covered in the report. This comprises of all the activities in the value chain, such as the procurement of various raw materials, manufacturing, sales and distribution. 

GCC Home Security Systems Market Segment Insights:

The GCC home security systems market has been analysed as followed:

By Residence Type:

  • Independent Homes
  • Condominiums
  • Apartments

By Product Type:

  • Video Surveillance
  • Intruder Alarms
  • Fire Protection
  • Access Control
  • Others

By Sensor Type:

  •  Wireless Sensors
  •  Wired Sensors

By Installation Type:

  • Professional Installation
  • DIY Type Installation

By Country:

  • Saudi Arabia
  • UAE
  • Qatar
  • Oman
  • Kuwait
  • Bahrain

Country-wise, the market has been segmented into Saudi Arabia, United Arab Emirates, Qatar, Kuwait, Oman and Bahrain. Amongst these, Saudi Arabia represents the largest market, accounting for majority of the GCC region.

Competative Landscape: 

The competitive landscape of the industry has also been examined along with the profiles of the key players.

Highlights of the GCC Home Security Systems Market Report:

  • Historical and current scenario
  • Trends and developments
  • Impact of COVID-19
  • Market forecast
  • Price analysis and forecast
  • Porter’s five forces analysis
  • SWOT analysis
  • Value chain analysis

Report Customisation:

The GCC home security systems market report can be customised as per your requirements. You can get in touch with our analyst, who will make sure that the report suits your research needs

1   Preface
2   Scope and Methodology

    2.1    Objectives of the Study
    2.2    Stakeholders
    2.3    Data Sources
        2.3.1    Primary Sources
        2.3.2    Secondary Sources
    2.4    Market Estimation
        2.4.1    Bottom-Up Approach
        2.4.2    Top-Down Approach
    2.5    Forecasting Methodology
3   Executive Summary
4   Introduction

    4.1    Overview
    4.2    Key Industry Trends
5   GCC Home Security Systems Market
    5.1    Market Overview
    5.2    Market Performance
    5.3    Impact of COVID-19
    5.4    Market Breakup by Region
    5.5    Market Breakup by Residence Type
    5.6    Market Breakup by Product Type
    5.7    Market Breakup by Sensor Type
    5.8    Market Breakup by Installation Type
    5.9    Market Forecast
    5.10    SWOT Analysis
        5.10.1    Overview
        5.10.2    Strengths
        5.10.3    Weaknesses
        5.10.4    Opportunities
        5.10.5    Threats
    5.11    Value Chain Analysis
        5.11.1    Overview
        5.11.2    Research and Development
        5.11.3    Component Manufacturing
        5.11.4    Assembling
        5.11.5    Distribution
        5.11.6    Retailer
        5.11.7    Consumer
    5.12    Porters Five Forces Analysis
        5.12.1    Overview
        5.12.2    Bargaining Power of Buyers
        5.12.3    Bargaining Power of Suppliers
        5.12.4    Degree of Competition
        5.12.5    Threat of New Entrants
        5.12.6    Threat of Substitutes
6   Market Performance by Region
    6.1    Saudi Arabia
        6.1.1 Market Trends
        6.1.2 Market Forecast
    6.2    United Arab Emirates
        6.2.1 Market Trends
        6.2.2 Market Forecast
    6.3    Qatar
        6.3.1 Market Trends
        6.3.2 Market Forecast
    6.4    Kuwait
        6.4.1 Market Trends
        6.4.2 Market Forecast
    6.5    Oman
        6.5.1 Market Trends
        6.5.2 Market Forecast
    6.6    Bahrain
        6.6.1 Market Trends
        6.6.2 Market Forecast
7   Market Performance by Residence Type
    7.1    Independent Homes
        7.1.1 Market Trends
        7.1.2 Market Forecast
    7.2    Condominiums
        7.2.1 Market Trends
        7.2.2 Market Forecast
    7.3    Apartments
        7.3.1 Market Trends
        7.3.2 Market Forecast
8   Market Performance by Product Type
    8.1    Video Surveillance
        8.1.1 Market Trends
        8.1.2 Market Forecast
    8.2    Intruder Alarms
        8.2.1 Market Trends
        8.2.2 Market Forecast
    8.3    Fire Protection
        8.3.1 Market Trends
        8.3.2 Market Forecast
    8.4    Access Control
        8.4.1 Market Trends
        8.4.2 Market Forecast
    8.5    Others
        8.5.1 Market Trends
        8.5.2 Market Forecast
9   Market Performance by Sensor Type
    9.1    Wireless Sensors
        9.1.1 Market Trends
        9.1.2 Market Forecast
    9.2    Wired Sensors
        9.2.1 Market Trends
        9.2.2 Market Forecast
10  Market Performance by Installation Type
    10.1    Professional Installation
        10.1.1 Market Trends
        10.1.2 Market Forecast
    10.2    DIY Type Installation
        10.2.1 Market Trends
        10.2.2 Market Forecast
11  Competitive Landscape
    11.1    Market Structure
    11.2    Profiles of Key Players

List of Figures

Figure 1: GCC: Home Security Systems Market: Major Drivers and Challenges
Figure 2: GCC: Home Security Systems Market: Sales Value (in Million US$), 2017-2022
Figure 3: GCC: Home Security Systems Market: Breakup by Region (in %), 2022
Figure 4: GCC: Home Security Systems Market: Breakup by Residence Type (in %), 2022
Figure 5: GCC: Home Security Systems Market: Breakup by Product Type (in %), 2022
Figure 6: GCC: Home Security Systems Market: Breakup by Sensor Type (in %), 2022
Figure 7: GCC: Home Security Systems Market: Breakup by Installation Type (in %), 2022
Figure 8: GCC: Home Security Systems Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 9: GCC: Home Security Systems Industry: SWOT Analysis
Figure 10: GCC: Home Security Systems Industry: Value Chain Analysis
Figure 11: GCC: Home Security Systems Industry: Porter’s Five Forces Analysis
Figure 12: Saudi Arabia: Home Security Systems Market: Sales Value (in Million US$), 2017 & 2022
Figure 13: Saudi Arabia: Home Security Systems Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 14: United Arab Emirates: Home Security Systems Market: Sales Value (in Million US$), 2017 & 2022
Figure 15: United Arab Emirates: Home Security Systems Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 16: Qatar: Home Security Systems Market: Sales Value (in Million US$), 2017 & 2022
Figure 17: Qatar: Home Security Systems Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 18: Kuwait: Home Security Systems Market: Sales Value (in Million US$), 2017 & 2022
Figure 19: Kuwait: Home Security Systems Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 20: Oman: Home Security Systems Market: Sales Value (in Million US$), 2017 & 2022
Figure 21: Oman: Home Security Systems Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 22: Bahrain: Home Security Systems Market: Sales Value (in Million US$), 2017 & 2022
Figure 23: Bahrain: Home Security Systems Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 24: GCC: Home Security Systems (Independent Homes) Market: Sales Value (in Million US$), 2017 & 2022
Figure 25: GCC: Home Security Systems (Independent Homes) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 26: GCC: Home Security Systems (Condominiums) Market: Sales Value (in Million US$), 2017 & 2022
Figure 27: GCC: Home Security Systems (Condominiums) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 28: GCC: Home Security Systems (Apartments) Market: Sales Value (in Million US$), 2017 & 2022
Figure 29: GCC: Home Security Systems (Apartments) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 30: GCC: Home Security Systems (Video Surveillance) Market: Sales Value (in Million US$), 2017 & 2022
Figure 31: GCC: Home Security Systems (Video Surveillance) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 32: GCC: Home Security Systems (Intruder Alarms) Market: Sales Value (in Million US$), 2017 & 2022
Figure 33: GCC: Home Security Systems (Intruder Alarms) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 34: GCC: Home Security Systems (Fire Protection) Market: Sales Value (in Million US$), 2017 & 2022
Figure 35: GCC: Home Security Systems (Fire Protection) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 36: GCC: Home Security Systems (Access Control) Market: Sales Value (in Million US$), 2017 & 2022
Figure 37: GCC: Home Security Systems (Access Control) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 38: GCC: Home Security Systems (Other Types) Market: Sales Value (in Million US$), 2017 & 2022
Figure 39: GCC: Home Security Systems (Other Types) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 40: GCC: Home Security Systems (Wireless Sensors) Market: Sales Value (in Million US$), 2017 & 2022
Figure 41: GCC: Home Security Systems (Wireless Sensors) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 42: GCC: Home Security Systems (Wired Sensors) Market: Sales Value (in Million US$), 2017 & 2022
Figure 43: GCC: Home Security Systems (Wired Sensors) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 44: GCC: Home Security Systems (Professional Installation) Market: Sales Value (in Million US$), 2017 & 2022
Figure 45: GCC: Home Security Systems (Professional Installation) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 46: GCC: Home Security Systems (DIY Type Installation) Market: Sales Value (in Million US$), 2017 & 2022
Figure 47: GCC: Home Security Systems (DIY Type Installation) Market Forecast: Sales Value (in Million US$), 2023-2028

List of Tables

Table 1: GCC: Home Security Systems Market: Key Industry Highlights, 2022 and 2028
Table 2: GCC: Home Security Systems Market Forecast: Breakup by Region (in Million US$), 2023-2028
Table 3: GCC: Home Security Systems Market Forecast: Breakup by Residence Type (in Million US$), 2023-2028
Table 4: GCC: Home Security Systems Market Forecast: Breakup by Product Type (in Million US$), 2023-2028
Table 5: GCC: Home Security Systems Market Forecast: Breakup by Sensor Type (in Million US$), 2023-2028
Table 6: GCC: Home Security Systems Market Forecast: Breakup by Installation Type (in Million US$), 2023-2028
Table 7: GCC: Home Security Systems Market: Competitive Structure
Table 8: GCC: Home Security Systems Market: Key Players

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