GCCWIRE
  • Home
  • News
    • Press Releases
  • Bahrain
  • Kuwait
  • Oman
  • Qatar
  • KSA
  • UAE
  • About Us
    • Press Release Distribution Services
    • Submit Press Release
    • Contact Us
submit pr
No Result
View All Result
  • Home
  • News
    • Press Releases
  • Bahrain
  • Kuwait
  • Oman
  • Qatar
  • KSA
  • UAE
  • About Us
    • Press Release Distribution Services
    • Submit Press Release
    • Contact Us
submit pr
No Result
View All Result
GCCWIRE
submit pr
Home Press Releases

Middle East Cybersecurity Market Size worth $44.7 billion by 2027

admin by admin
September 8, 2022
in Press Releases
Middle East Cybersecurity Market Size worth $44.7 billion by 2027
Share on FacebookShare on Twitter


 


(EMAILWIRE.COM, September 08, 2022 ) According to MarketsandMarkets™, the global Middle East Cybersecurity Market Size is projected to grow from USD 20.3 billion in 2022 to USD 44.7 billion by 2027, at a Compound Annual Growth Rate (CAGR) of 17.1% during the forecast period. The increased sophistication of cyberattacks across heavy industries to result in financial and reputational losses, stringent government regulations, and cyberattacks due to the proliferation of digitalization are anticipated to be the major market drivers. The need to adopt necessary steps in advance for securing the overall security posture and technological advancements in cloud and IoT has bolstered potential use cases across verticals.

Browse in-depth TOC on “Middle East Cybersecurity Market”
252 – Tables
39 – Figures
282 – Pages

Download Report Brochure @ https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=121119697

The network security segment to play a key role in the Middle East Cybersecurity Market

The network security segment is estimated to have the largest market size during the forecast period. With the growth of COVID-19-related adaption in remote working practices, the network of enterprises in the Middle East has been jeopardized. Organizations are adopting measures to combat the situation and are collaborating with security vendors to manage the situation effectively. Increasing vulnerability on the network in the energy and utilities, BFSI, and IT and ITeS industry verticals are triggering the growth of the Middle East Cybersecurity Market.

The healthcare vertical is expected to grow at the highest CAGR in the Middle East Cybersecurity Market

The healthcare industry vertical is expected to contribute the largest market share and is expected to grow at the highest CAGR from 2022 to 2027 in the Middle East Cybersecurity Market due to the technological proliferation of healthcare applications and increased instances of data thefts in the sector. The government and defense sector is expected to grow at the second-highest CAGR from 2022 to 2027 in the Middle East Cybersecurity Market, due to increasing instances of cyberattacks on the government sector and the government-regulated oil and gas companies. The demand for cybersecurity solutions is rising, as the adoption of these solutions provides advanced protection from cyber threats without affecting the operational efficiency.

Kingdom of Saudi Arabia is expected to contribute the largest market share, whereas Israel is projected to grow at the highest rate

Kingdom of Saudi Arabia is expected to have the largest market share and dominate the Middle East Cybersecurity Market from 2022 to 2027, due to the need to safeguard enterprises in various industrial verticals such as BFSI, energy and utilities, government and defense, healthcare, IT and ITeS and others from advanced threats. Israel offers potential growth opportunities in the Middle East Cybersecurity Market, as there is a wide presence of SMEs that are turning towards cybersecurity solutions to efficiently safeguard their business endpoints, network, application, and cloud environment.

Request Sample Pages @ https://www.marketsandmarkets.com/requestsampleNew.asp?id=121119697

Market Players:

The market players profiled in this report include IBM (US), Cisco (US), Palo Alto Networks (US), Check Point (Israel), Trend Micro (Japan), Fortinet (US), NortonLifeLock (US), Sophos (UK), Kaspersky (Russia), Trellix (US), DTS Solution (UAE), RAS Infotech (UAE), spiderSilk (UAE), CYBERSEC CONSULTING (UAE), AHAD (UAE), CodeGreen (UAE), LogRhythm (US), Malwarebytes (US), Safe Decision (KSA), Security Matterz (KSA), Infratech (KSA), Cato Networks (Israel), Help AG (UAE), Cysiv (Egypt), and CyberGate (UAE). These players offer cybersecurity solutions and services to cater to the demands and needs of customers. Major growth strategies adopted by these players include partnerships, collaborations and agreements, and new product launches/product enhancements



Source link

Previous Post

Think on it: Walnuts, Alzheimer’s Disease Progression and General Good Brain Health

Next Post

5 best car seats for your child in UAE, for 2022

RelatedPosts

Press Releases

Automation Testing Market Extrapolated to Reach $52.7 billion by 2027

(EMAILWIRE.COM, January 24, 2023 ) MarketsandMarkets forecasts the global Automation Testing Market size is expected to grow USD...

by admin
January 24, 2023
Turf Care Equipment Market to Hit USD 19.91 Bn by 2029 Competitive Landscape, New Market Opportunities
Press Releases

Turf Care Equipment Market to Hit USD 19.91 Bn by 2029 Competitive Landscape, New Market Opportunities

 Turf Care Equipment Market(EMAILWIRE.COM, January 24, 2023 ) According to the “Turf Care Equipment Market” report published by...

by admin
January 24, 2023
Paper Straw Market worth $1,687 million by 2024 – Exclusive Report by MarketsandMarkets™
Press Releases

Paper Straw Market worth $1,687 million by 2024 – Exclusive Report by MarketsandMarkets™

 (EMAILWIRE.COM, January 24, 2023 ) The report "Paper Straw Market by Material Type (Virgin paper, Recycled Paper), Product Type (Printed,...

by admin
January 24, 2023
Battery Coating Market worth $658 million by 2027 – Exclusive Report by MarketsandMarkets™
Press Releases

Battery Coating Market worth $658 million by 2027 – Exclusive Report by MarketsandMarkets™

 (EMAILWIRE.COM, January 24, 2023 ) The report "Battery Coating Market by Battery Component (Electrode Coating, Separator Coating, Battery Pack Coating),...

by admin
January 24, 2023
Load More

POPULAR POSTS

  • MarketsandMarkets™

    Aircraft Seat Upholstery Market worth $1.8 billion by 2025

    0 shares
    Share 0 Tweet 0
  • PallyCon unveils Robust Distributor Watermarking to Fortify Premium Content in the Distribution Phase

    0 shares
    Share 0 Tweet 0
  • KSA Weekly on Kingdom of Saudi Arabia adds to Arab Newswire Media List Press Release Distribution to MENA Region

    0 shares
    Share 0 Tweet 0
  • Automotive Fuel Tank Market Global Forecast to 2026

    0 shares
    Share 0 Tweet 0
  • Oman cable unveils the Global Sustainability Academy

    0 shares
    Share 0 Tweet 0

GCCWIRE™ provides press release distribution services for businesses, organizations and other entities with the need to reach media outlets in member countries of Gulf Corporation Council (GCC) and Middle east and North Africa. Submit press release or contact us today.

Browse By Category

News
Bahrain
Kuwait
Omar
Qatar
KSA
UAE

Recent News

Recent Posts
  • UK’s Hunt pledges to boost growth but won’t budge on tax hikes
  • Qatar Airways Up To 25% Off “Thank You Offer” (Book By April 9)
  • As Covid-19 Protocol Continues to Define International Travel from Nigeria – THISDAY Newspapers
  • UK has some concerns over US green subsidy act, Hunt says

Our Newsletter

    Gccwire is part of GroupWeb Media Network. @ 2023 GroupWeb Media LLC

    No Result
    View All Result
    • Home
    • News
      • Press Releases
    • Bahrain
    • Kuwait
    • Oman
    • Qatar
    • KSA
    • UAE
    • About Us
      • Press Release Distribution Services
      • Submit Press Release
      • Contact Us

    Gccwire is part of GroupWeb Media Network. @2023 GroupWeb Media LLC