The Saudi Arabia electronic security market size reached USD 606.1 Million in 2024. Looking forward, IMARC Group expects the market to reach USD 989.8 Million by 2033, exhibiting a growth rate (CAGR) of 5.6% during 2025-2033. The market share is expanding, driven by the growing investments in critical infrastructure, along with the rising need for advanced technology that can aid in keeping people, property, and information safe.
Report Attribute
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Key Statistics
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Base Year
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2024
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Forecast Years
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2025-2033
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Historical Years
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2019-2024
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Market Size in 2024 | USD 606.1 Million |
Market Forecast in 2033 | USD 989.8 Million |
Market Growth Rate 2025-2033 | 5.6% |
Increasing expenditure on critical infrastructure
Rising investments in critical infrastructure are offering a favorable Saudi Arabia electronic security market outlook. As the nation is launching initiatives to support the advancement of vital areas, such as transportation, energy, healthcare, and smart urban developments, the need to protect these assets has become more important. In January 2024, the King Abdullah Financial District Development and Management Company (KAFD DMC) teamed up with the Saudi Company for Artificial Intelligence (SCAI) to launch a smart city initiative aimed at transforming the district's future functions. The fully owned subsidiaries of the public investment fund (PIF) were set to implement smart traffic and mobility solutions to enhance KAFD’s urban experience. These large-scale projects often involve high-value facilities and sensitive data, making them prime targets for security threats. Because of that, electronic security systems like biometric scanners, surveillance cameras, alarm systems, and access control systems are being widely adopted. With new airports, metro systems, industrial zones, and energy facilities being built, strong security measures are a must to ensure operational continuity. Developers and contractors are incorporating electronic security from the planning phase to ensure compliance standards and foster public trust. Private sector projects, such as malls, hotels, and corporate buildings, also follow suit to stay competitive and secure. Overall, the ongoing shift towards modern infrastructure in Saudi Arabia is creating a solid foundation for the electronic security market to expand, as risk management is becoming a top priority across several sectors.
Growing cyber and physical threats
Increasing cyber and physical threats are impelling the Saudi Arabia electronic security market growth. As per industry reports, in 2024, Saudi Arabia faced 88 ransomware attacks, primarily affecting sectors inculcating manufacturing (25.41%), information (10.50%), and construction (9.94%). With more businesses and government sectors going digital and handling sensitive information, the risk of cyberattacks keeps rising. From data breaches to ransomware, these threats are encouraging organizations to invest in better security systems to protect their networks and assets. Physical security is also important, especially for key sites like oil facilities, government buildings, transportation hubs, and commercial centers. The potential for theft, vandalism, and terrorism creates the need for surveillance systems, access control, and intrusion detection. Companies and institutions have become more aware about the requirement to combine both digital and physical security for complete protection. This is where electronic security solutions come in, offering smart tools to monitor, detect, and respond to all kinds of threats.
IMARC Group provides an analysis of the key trends in each segment of the market, along with forecasts at the regional level for 2025-2033. Our report has categorized the market based on product type, service type, and end-use sector.
Product Type Insights:
The report has provided a detailed breakup and analysis of the market based on the product type. This includes surveillance system, access control system, intrusion detection system, alarming system, and others.
Service Type Insights:
A detailed breakup and analysis of the market based on the service type have also been provided in the report. This includes installation services, managed services, and consulting services.
End-Use Sector Insights:
The report has provided a detailed breakup and analysis of the market based on the end-use sector. This includes government, residential, transportation, banking, hospitality, healthcare, retail, and others.
Regional Insights:
The report has also provided a comprehensive analysis of all the major regional markets, which include Northern and Central Region, Western Region, Eastern Region, and Southern Region.
The market research report has also provided a comprehensive analysis of the competitive landscape. Competitive analysis such as market structure, key player positioning, top winning strategies, competitive dashboard, and company evaluation quadrant has been covered in the report. Also, detailed profiles of all major companies have been provided.
Report Features | Details |
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Base Year of the Analysis | 2024 |
Historical Period | 2019-2024 |
Forecast Period | 2025-2033 |
Units | Million USD |
Scope of the Report |
Exploration of Historical Trends and Market Outlook, Industry Catalysts and Challenges, Segment-Wise Historical and Future Market Assessment:
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Product Types Covered | Surveillance System, Access Control System, Intrusion Detection System, Alarming System, Others |
Service Types Covered | Installation Services, Managed Services, Consulting Services |
End-Use Sectors Covered | Government, Residential, Transportation, Banking, Hospitality, Healthcare, Retail, Others |
Regions Covered | Northern and Central Region, Western Region, Eastern Region, Southern Region |
Customization Scope | 10% Free Customization |
Post-Sale Analyst Support | 10-12 Weeks |
Delivery Format | PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request) |
Key Questions Answered in This Report:
Key Benefits for Stakeholders: