DOHA: The Middle East’s homeland security market is set to double to $34bn by 2020, demonstrating the Arab World’s robust homeland security and national resilience agenda, industry experts announced yesterday in the build-up to the International Exhibition for National Security and Resilience (ISNR) 2016.
Over the next five years, the Middle East’s homeland security market is set to grow from $17bn to $34bn, at three times the global growth average, according to a recent Frost & Sullivan report. The largest share, 55 percent or $15bn, will go to securing government, energy, and critical national infrastructure.
Saudi Arabia is spending $57bn on military and security in 2016, the highest share of its budget at 25 percent, according to Frost & Sullivan.
Anticipating this regional growth, ISNR is set to be the largest of its kind in 2016, covering how to protect citizens against threats, enhance emergency readiness, and ensure stability.
Across 20,000 sqm of net indoor exhibition space, ISNR 2016 is set to host five exhibitions, two conferences and over 60 seminars, and dozens of live events, simulations, workshops, and new solution launches. Organisers expect 20,000 attendees from over 90 countries, and 500 exhibitors from 45 countries.
The Arab World will be well-represented at ISNR 2016. The event is set to host over 20 country delegations and 200 representatives from government buyers, including armed forces, customs agencies, ministries of defense and IT, national oil companies, and police departments from Bahrain, Egypt, Jordan, Saudi Arabia, Kuwait, Oman, and the UAE.
The seventh edition of ISNR will be held under the theme of “Connecting Governments, Society, and Business, Through Innovation, Leadership, and Excellence to Build Safer Communities and Ensure a More Resilient World.”
Demonstrating the strong business opportunity, ISNR 2014 drove over $300m in deals and partnerships. Continuing the momentum, ISNR 2016’s Business Connect team is set to arrange more than 3,000 meetings between government, private sector buyers, and exhibiting companies, a 60 percent growth over 2014. At the opening ceremony on Tuesday, visitors can experience an engaging live event on emergency preparedness and disaster prevention. ISNR 2016 will be held from March 15 to 17 at the Abu Dhabi National Exhibition Centre.
Ten new countries will be participating, along with three new international pavilions featuring participation from France, Germany, and the United States.
Among more than 100 show features, ISNR 2016 is launching Infosecurity Middle East, the regional version of Europe’s leading security exhibition, with over 30 new Infosecurity and Cyber Security workshops in partnership with ISC2, a global leader in cyber education, and the 7th International Conference on Cybercrimes.