Press release from Business Wire India
Source: Frost & Sullivan
Wednesday, March 03, 2010 12:04 PM IST (06:34 AM GMT)
Editors: General: Consumer interest; Business: Accounting & management consultancy services, Business services, Heavy industries
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Frost & Sullivan Predicts Exponential Growth for Middle East Critical Infrastructure Protection Market
Dubai, United Arab Emirates, Wednesday, March 03, 2010 -- (Business Wire India) -- The critical infrastructure protection market in the Middle East has gained importance because of infrastructure growth and regional instability. The potential sectors that are business critical for market participants include oil and gas, mass transport, airports, seaports and renewable energy projects. The market is projected to grow by more than 100 per cent in the next ten years.
New analysis from Frost & Sullivan (http://www.aerospace.frost.com), Middle East Critical Infrastructure Protection Market Assessment, finds that the market earned revenues of $240.0 million in 2008 and estimates this to reach $543.0 million in 2018. The research covers the following markets: oil and gas, airports, seaports, mass transport and renewable energy.
If you are interested in more information on this study, please send an e-mail to Tanu Chopra/ Nimisha Iyer, Corporate Communications, at tanu.chopra@frost.com / niyer@frost.com with your full name, company name, title, telephone number, company e-mail address, company website, city, state and country.
"Infrastructure growth is a major driver in the growth for the Middle East critical infrastructure protection market," notes Frost & Sullivan Research Analyst Sasidharan Chandran. "The market is also receiving impetus from increasing terrorist threats."
Infrastructural projects related to critical Infrastructure are on the rise in the Middle East. Sectors like mass transport, airports and seaports are set to witness increased investments, and the need to protect such vital infrastructures from terrorism is driving market expansion.
However, the economic slowdown, paralleled by the reluctance to spend on security systems, has restrained market prospects. With the competitor base expanding, profit margins of market participants are set to register only marginal growth.
At the same time, a maturing market poses its own challenges. This has been compounded by intensifying competition.
"To succeed, market participants should provide integrated solutions," advises Chandran. "They should identify better business partners and develop efficient supply chain strategies."
Middle East Critical Infrastructure Protection Market Assessment is part of the Defence Growth Partnership Service programme, which also includes research in the following markets: Asia Pacific Oil & Gas Infrastructure Security Market, Maritime Security Market Assessment - Middle East and, Border Security Market Assessment - Middle East. All research services included in subscriptions provide detailed market opportunities and industry trends that have been evaluated following extensive interviews with market participants.
About Frost & Sullivan
Frost & Sullivan, the Growth Partnership Company, enables clients to accelerate growth and achieve best-in-class positions in growth, innovation and leadership. The company's Growth Partnership Service provides the CEO and the CEO's Growth Team with disciplined research and best-practice models to drive the generation, evaluation, and implementation of powerful growth strategies. Frost & Sullivan leverages over 45 years of experience in partnering with Global 1000 companies, emerging businesses and the investment community from 40 offices on six continents. To join our Growth Partnership, please visit http://www.frost.com.
Middle East Critical Infrastructure Protection Market Assessment
M4EC
CONTACT DETAILS
Tanu Chopra, Corporate Communications - Middle East, Frost & Sullivan, +91 (22) 40013437, tanu.chopra@frost.com
Ravinder kaur, Corporate Communications - South Asia, Frost & Sullivan, +91 (44) 42044760, ravinder.kaur@frost.com
Nimisha Iyer, Corporate Communications - South Asia and Middle East, Frost & Sullivan, +91 9820050519, niyer@frost.com
KEYWORDS
CONSUMER, CONSULTANCY SERVICES, BUSINESS SERVICES, HEAVY INDUSTRIES
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