Worldwide Demand For Security Equipment To Surge To $100 Bn Annually By 2014
Commercial Security - Key Growth Sector In Region's Security Field And At Intersec 2012.
- (1888PressRelease) October 10, 2011 - The increase in overall security threat perceptions worldwide has underlined the need to reinforce safety and security standards across the board. This has led to a huge increase in investment and expenditure on security infrastructure and commercial security systems by governments, public sector and private sector players.
Commercial security is high on the agenda among commercial and government establishments across the Middle East region, with growing demand for upgrading of safety screening, access controls and perimeter and premises monitoring systems. In fact, Commercial Security is one of the key growth areas at Intersec 2012, the Middle East security, safety and policing industry's business and networking platform.
Out of the 1,000 or so expected exhibitors to Intersec 2012, being held at the Dubai International Convention and Exhibition Centre in January, over 500 will be leading manufacturers, suppliers and service providers of commercial security equipment and services. Organiser Epoc Messe Frankfurt expects keen interest in the field from trade visitors and delegates looking for commercial security solutions.
Worldwide demand for security equipment and services continues to surge in today's fraught security environment. Recent figures released by the Freedonia Group indicate that global demand is projected to grow at 7.4% annually until 2014, when the market is expected to be worth $100 billion. Emerging Asian economies, countries of Eastern Europe and the Middle East are expected to drive this increased spending on commercial security.
"Perimeter and premises security systems, motion sensors, access control systems, lighting and monitoring systems as well as enhanced IT security software are all expected to attract a strong response from the regional market," said Ahmed Pauwels, Chief Executive Officer of Epoc Messe Frankfurt. "Reassuring consumers and partners about a safe and secure environment is key to business growth in today's world. This is brought out by the fact that Commercial Security exhibitors will take up a whole extra hall at next year's event, indicating the high growth potential in the region," he added.
Buoyed by the success of Intersec 2011, Bosch, Schneider Electric, Assa Abloy, Sony, Axis, Panasonic and Samsung are amongst some of the key exhibitors that have already confirmed their participation.
This year Intersec has already confirmed several companies participating for the first time including TBS, TISO, ISM - Integrated Security Manufacturing Ltd, Dessmann and EUNIR Systems NV to name a few.
Since its inception, Intersec has been reflecting regional trends and developments in the industry and has developed into a must-attend event for professionals, key influencers, security and government agencies, legislators, suppliers and service providers. The trade fair and conference enjoys the support of key government and trade organisations including UAE Civil Defence and Dubai Police.
Also running alongside the three day event will be a series of conferences and workshops covering Commercial Security, Maritime Security, Emergency Medicine and Emergency Preparedness for the Oil & Gas industries. The conferences and workshops will feature renowned international and regional speakers giving insights on the commercial security industry as well as a large slice of the vast security industry.
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