Mideast’s homeland market to double to USD 34bn
03 Mar 2016
(MENAFN) The Middle East’s homeland security market is ready to double to USD 34bn by 2020, showing the Arab World’s strong homeland security and national resilience agenda.
Furthermore, the security market is ready to grow from USD 17bn to USD 34bn through the next five years, while the large share will be 55 percent or USD 15bn.
The Intl’ Exhibition for National Security and Resilience (ISNR) is ready to be the largest of its kind in 2016, covering how to protect citizens against threats.
In addition, the kingdom of Saudi Arabia is spending USD 57bn on military and security in the current year, the highest share of its debt at 25 percent.