Expo 2020 Fuels UAE’s CCTV Market to Reach USD 194 Billion by 2023
Mega-projects like Expo 2020 Dubai are fueling the UAE’s CCTV and video surveillance market to top USD 194 billion by 2023, industry experts announced today ahead of the World Government Summit, running in Dubai from 11-13 February.
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 USD 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.
It is easy for organizations to underestimate the resources required to store and manage CCTV, by not thoroughly considering the cost of retaining this essentially huge volume of fast growing data, in a tamper-proof manner, Condo Protego added.
“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.
Across the UAE, Condo Protego has seen strong success in deploying end-to-end Dell EMC solutions that enable effective CCTV usage, including purpose-built enterprise storage systems, servers, and work stations.
“UAE CIOs need quick time to value in deploying CCTV, in order to meet government compliance regulations and enhance crime prevention. Information management and storage systems ensure that organizations can securely keep the video surveillance data according to government regulations,” added Andrew Calthorpe.