News
Ring partners with Al Jammaz to provide smart home security for Saudi Arabia
October 2017 by Marc Jacob
Ring announced a partnership agreement with Al Jammaz Distribution, a Saudi based Value-Added Distributor, which distributes advanced technology products, solutions and services. This partnership will help Ring foray and expand its reach across the Saudi market offering customers Ring’s innovative home security products and solutions.
Recent studies regarding the real estate market indicated that the Gulf countries in general and Saudi Arabia in particular are likely to be the most advanced with respect to establishing smart homes as a result of the level of constructional development in this region. According to a report by Statista the revenue in the ‘Smart Home’ market amounts to US$124m in 2017 with expectation for it to show an annual growth rate (CAGR 2017-2021) of 42.3 % resulting in a market volume of US$507m in 2021. The report further reveals that currently the household penetration is at 6.1 % in 2017 and is expected to hit 24.7 % in 2021.
Ring has evolved as the leading brand in the Smart Home Security Space represented by 16000 plus stores across North America and Ring’s products globally have been hailed as dependable second set of eyes and ears to deter would-be thieves from entering homes and communities. It has been proven that Ring doorbells can reduce crime by up to 55% in neighbourhoods, and the goal is to bring the same convenience and security to the Middle East neighbourhoods.
As the Value Added Distributor, Al Jammaz will promote Ring’s latest suite of smart home security products such as Ring Video Doorbell, Ring Video Doorbell Pro, Video Doorbell Elite, Ring Floodlight Cam and the new Ring Spotlight Cam and conduct channel engagement, training and activation programs for partners. Al Jammaz will also set up go-to-market strategies with key retail partners and provide the needed infrastructure for micro-channel to engage with the Ring brand.
Al Jammaz will distribute Ring’s best-of-breed home security solutions in the Kingdom of Saudi Arabia.
