See also the latest version of this report
The turmoil in the Arab world and the Iranian driven Sunni-Shi’ah divide in the Muslim world are forcing the Saudi Arabian royal family into critical decision junctures. The Saudis hiked their 2011 Homeland Security & Public Safety procurement budget by 46% and never looked back since. During 2014-2018, Saudi Arabia plans to procure as much as $70B of Homeland Security (HLS) & Public Safety related products and services making them the highest per capita HLS & Public Safety spenders in the world.
The Saudi Homeland Security & Public Safety market is a unique case, since the global financial crisis does not impact the economy of Saudi Arabia. The regime has at its disposal nearly $500B of petrodollars and will spend “whatever it takes” to secure the country’s stability and defeat any internal or external regime threats. The growing need coupled with nearly unlimited resources creates a highly profitable business environment for state-of-the-art technology and service providers.
HSRC’s recent Saudi Arabia Homeland Security & Public Safety Market – 2014-2018 report presents in 230 pages and 114 tables and figures: market opportunities and entry strategies, analyses, market data starting from 2011, and forecasts up to 2018 of the Saudi Homeland Security & Public Safety markets, as well as profit from in-depth market information, analysis and market forecast of 10 vertical and 8 technology submarkets:
The report projects sub-markets from several perspectives, including: