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G4S expects Middle East security market to reach USD 7 billion in 2015.

Regional demand for security and safety services is growing rapidly, and the world’s leading security technology companies are keeping pace to meet the new demand levels in an ever-changing threat landscape, according to the Middle East’s largest multi-solution security provider, G4S.

G4S expects the total regional security market to be worth more than USD 7 billion in 2015, with a compound annual growth rate (CAGR) of 10% across Egypt and the Gulf states, said Chris Fergus, Regional Managing Director, G4S, Middle East, in advance of Intersec 2015, taking place in Dubai for three days from 18 January.