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DUBAI / Emirates Business
Mega-projects like Expo 2020 Dubai are fuelling the UAE’s CCTV and video surveillance market to top $194 billion by 2023, industry experts announced ahead of the World Government Summit, running in Dubai from February 11-13.
During the World Government Summit, global leaders will exchange best practices in using technology to enhance public safety. The UAE is set to take center stage, with local and federal safety regulations leading to tens of thousands of CCTV cameras blanketing the country, from grocery stores, to office parks and mega-projects.
As a result, the UAE’s video surveillance market is set to reach a record-high of $194 billion by 2023, according to a recent report by the firm 6WResearch.
However, most UAE organizations do not currently have the technology infrastructure to support CCTV projects, argues the UAE-based IT infrastructure and information management consultancy and solutions provider Condo Protego.
“While mega-projects like Expo 2020 Dubai integrate CCTV infrastructure throughout their physical sites, this is not the norm for the average building. Storefronts, malls, community centers, and office buildings grow and change, and new owners may prefer different CCTV systems,†said Andrew Calthorpe, CEO, Condo Protego.