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Keep calm and call securityby Devina Divecha on Jan 19, 2013
Security is a $2bn industry in the Middle East and is growing fast. Experts discuss the state of the sector and what to expect in 2013
The security industry in the Middle East is worth over $2bn and growing, according to Mahmood Mohd Amin, CEO, World Security.
He says this phenomenon can be seen through the rise in the number of exhibitors and attendees at shows like Intersec over the years, along with an increase in the number of security related exhibitions and conferences in the region and especially in the UAE.
Mohamed Ezeldin, managing director, G4S, agrees that the region is important for the security sector. “The Middle East is an extremely important market for all areas of the security field. Economic growth is strong in the global context, and this is being driven by diversification in economies across the region.
The increased investment — both regional and international — is also supporting the growth. This investment in people, information and physical assets requires security.”
This viewpoint is also shared by Niek Bragt, managing director of Nedap Middle East, which supplies security products to the FM sector and more. Bragt says the region has been a growing market for the past decade.
He adds: “With the increase of buildings and people in the region, we see the demand for security and identification systems growing fast. Security is not just about implementing systems, it is about creating a safe and secure feeling for those living and working here; an important point of focus especially in the United Arab Emirates.
This also means there is a higher demand for smart systems, operating in the background, which help in forming an invisible layer to achieve just that comfort.”
Philip Verner, regional sales director, EMEA — CEM Systems, says that while the firm, as a brand of Tyco Security Products, is still relatively new in the Middle East market, it is starting to see significant growth.
“Certain countries within Middle East market are growing at a fast pace with significant investment in improving infrastructure such as airports, metros and ports as well as commerce and oil and gas still seeing strong demand, making it a very important market for security now and in the future.”
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