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Expo 2020 boosts CCTV market to reach US$194bn in the UAE

Industrial

Mega-projects like Expo 2020 Dubai are boosting the UAE’s CCTV and video surveillance market to top US$194bn by 2023, according to a recent report by 6WResearch ahead of the World Government Summit in Dubai from 11-13 February 2018

During the World Government Summit, global leaders are expected to exchange leading practices in using technology to enhance public safety.

The experts said that the UAE is set to take centre stage, with local and federal safety regulations leading to numerous CCTV cameras blanketing the country, from grocery stores, to office parks and mega-projects.

However, most organisations in the UAE 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 organisations 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 centres and office buildings grow and change, and new owners may prefer different CCTV systems,” said Andrew Calthorpe, CEO of Condo Protego.

“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 organisations can securely keep the video surveillance data according to government regulations,” added Calthorpe.