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ME homeland security market seen at $34bn

ABU DHABI, February 8, 2016

The Middle East’s homeland security market will see a compound annual growth rate of 18.7 per cent, and reaching $34 billion per year by 2020, said the event organisers of an upcoming homeland security event in Abu Dhabi, UAE.

Now in its seventh edition, the International Exhibition for National Security and Resilience (ISNR) 2016 will be held at the Abu Dhabi National Exhibition Centre from March 15 to 17.

Lt General Sheikh Saif Bin Zayed Al Nahyan, UAE’s Deputy Prime Minister and Minister of Interior, said: “The international exhibition for national security and resilience, ISNR Abu Dhabi 2016, now in its seventh edition, comes from the interest of senior leadership to organize specialized, international exhibitions, according to the best international standards, and constantly aims to provide all the possible ways to establish security, stability, and daily lives.”

“The exhibition represents a valuable opportunity for all regional governments, and public and private sector organizations in safety and security, to meet and exchange experiences with participants and exhibitors, and to see the latest new technologies in the fields of security, safety, combating crime, and warding off risks,” he added.

A recent Frost & Sullivan report projects the Middle East homeland security market to grow at three times the pace of the global average. This growth is driven by economic diversification, large-scale infrastructure developments such as the Midfield Terminal Complex at Abu Dhabi International Airport, which is expected to handle 30 million passengers per year and 8,500 passengers per hours, as well as regional mega-events, such as the Dubai Expo 2020 in the UAE, and the FIFA World Cup Final 2022 in Qatar.

Major General Dr Ahmed Nasser Al Raisi, deputy chairman of the Higher Organizing Committee, ISNR 2016, said: “The Middle East’s homeland security market will see a compound annual growth rate of 18.7 per cent and reaching $34 billion per year by 2020, a growth rate that is three times higher than the global average.”

“This growth is not reflective of worsening security situations, but rather a positive foundation for countries enhancing their security and resilience. ISNR 2016 is the third largest homeland security event in the world, and that regional mega-events will drive regional infrastructure investment to $700 billion in total to 2020.

“These investments include residential and commercial construction projects, and transportation and public services projects, all of which are vital and require advanced protection and security solutions,” he added.

He noted that ISNR 2016 is a comprehensive platform for countries from around the world to meet under one roof, and experience the latest homeland security solutions, and drive business deals.

In its seventh edition, ISNR 2016 is the hub for three dedicated platforms including the newly launched Infosecurity Middle East and Emergency Response & Disaster Prevention events. The region’s number one international exhibition for national security and resilience, ISNR Abu Dhabi will also host two co-located events: Fire Fighting Middle East and Occupational Safety and Health Middle East.

ISNR 2016 Abu Dhabi is set to host over 500 exhibitors from 45 countries, with more than 20,000 visitors from more than 90 countries around the world. – TradeArabia News Service




Tags: abu dhabi | Homeland security | ISNR | National resilience |

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