Research and Markets: Saudi Arabia Security Sector Report 2014-2018

Research and Markets (http://www.researchandmarkets.com/research/4nh5hc/security_sector) has announced the addition of the "Security Sector in the Kingdom of Saudi Arabia 2014-2018" report to their offering.

The Security sector in Saudi Arabia to grow at a CAGR of 11.35 percent over the period 2013-2018.

Saudi Arabia is one of the world's fastest growing markets for safety and security solutions. Saudi Arabia has invested huge amount of money for the safety and security of the nation as the government's major concern is to protect the country from terrorism. The country has invested huge amount of money to import weapons from countries such as the US, Russia, France, and the UK, which is expected to grow further.

One major trend emerging in the market is the high investment in safety and security equipment. As the defense budget of Saudi Arabia is increasing significantly, its foreign collaborations for military affairs are also increasing. Saudi Arabia imports defense equipment mainly from the US, Russia, France, and the UK.

According to the report, one of the major drivers in the market is the flourishing economy and infrastructure. The majority of Saudi Arabia's revenue is dependent on oil exports; therefore, its economy is financially strong. A flourishing economy mandates the need for security, which drives the country to invest extensively in the import of defense equipment.

Further, the report states that one key challenge that the market faces is the high dependence on imported equipment. Most of the defense equipment and security systems and weapons in Saudi Arabia are imported from the US, Russia, France, and the UK. This dependency can affect the growth of the Security sector in the Kingdom of Saudi Arabia through delays, price hikes, or even small political issues between the countries.

To calculate the market size, the report considers the HLS and defense budgets allocated for the security of the country. The market is highly fragmented with the presence of a large number of small and large vendors.

Key Vendors

• BAE Systems
• Boeing
• General Dynamics
• Lockheed Martin
• Raytheon

Key Topics Covered:

1. Executive Summary
2. List of Abbreviations
3. Scope of the Report
4. Market Research Methodology
5. Introduction
6. Market Description
7. Homeland Security Services Market in Saudi Arabia
8. Geographical Segmentation
9. Buying Criteria
10. Market Growth Drivers
11. Drivers and their Impact
12. Market Challenges
13. Impact of Drivers and Challenges
14. Market Trends
15. Trends and their Impact
16. Vendor Landscape
17. Key Vendor Analysis

For more information visit http://www.researchandmarkets.com/research/4nh5hc/security_sector