QatarBusinessToday.com
No Result
View All Result
  • About Us
  • Contact Us
  • Business
  • Energy
  • Finance
  • Healthcare
  • Real Estate
  • Travel
  • Tech
  • Middle East
  • Press Releases
Submit a Press Release
  • Business
  • Energy
  • Finance
  • Healthcare
  • Real Estate
  • Travel
  • Tech
  • Middle East
  • Press Releases
No Result
View All Result
QatarBusinessToday.com
Submit PR
Home Press Releases

Middle East Cybersecurity Market Size worth $44.7 billion by 2027

Newsroom by Newsroom
September 8, 2022
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

OTO logis-tech wins second edition of KPMG tech innovator competition

Related Posts

Press Releases

Polypropylene In 3D Printing Market to Reach USD 6.99 Billion by 2034, Expanding at 9.7% CAGR

July 4, 2025
Press Releases

Rare Sugar Market Set for Strong Growth, Projected to Cross USD 4.33 Billion by 2034

July 4, 2025
Press Releases

Offshore Oil and Gas Market Poised to Grow at 3.5% CAGR Through 2034

July 4, 2025
Press Releases

Recycled Plastic Granules Market is Projected to Reach USD 62.17 billion by 2034

July 4, 2025
Press Releases

Corporate E-learning Market Size Predicted to Cross USD 124.5 Billion at 15.0% CAGR by 2032

July 3, 2025
Press Releases

Digital Forensics Market is Expected to Touch USD 29.5 Billion By 2032 | Understand Key Drivers

July 3, 2025

Recommended Stories

3rd Edition of the Global Project Management Forum launches in Riyadh

3rd Edition of the Global Project Management Forum launches in Riyadh

June 2, 2024
Application Programming Interface Security Market size poised to be worth $3,034 million by 2028

Application Programming Interface Security Market size poised to be worth $3,034 million by 2028

August 24, 2023

Bosch highlights surveillance, security offerings at stakeholders event

July 4, 2022

Popular Stories

  • Exchange goods, vehicles, or property for crypto on Bazaars

    Exchange goods, vehicles, or property for crypto on Bazaars

    0 shares
    Share 0 Tweet 0
  • Al Futtaim Group Real Estate partners with TIER Mobility for micro-mobility services at Dubai Festival City – MEConstructionNews.com

    0 shares
    Share 0 Tweet 0
  • الدكتور إركان كورك من بنك بوزيتيف: “تركيا ستعمل على جذب الاستثمارات المؤهلة”

    0 shares
    Share 0 Tweet 0
  • Qatari Ministry, Meta partnership seeks growth of digital innovation ecosystem

    0 shares
    Share 0 Tweet 0
  • Rastec Real Estate holds groundbreaking for mixed-use building project

    0 shares
    Share 0 Tweet 0

Qatar Business Today™ publishes and aggregates business, socio-economic, Tech and industrial news on Qatar, Middle East and North Africa (MENA)..

Press release distribution services:

We provide press release distribution to media in Qatar, the Arab world and the GCC/MENA regions. Submit a press release today, contact us.

Recent News

.
  • The Wedding That Brought India’s Traditions to the World
  • تقرير استقصائي يلقي ضوءاً جديداً على الأموال الكويتية في قضية صندوق الجيش
  • Forensic Analysis Sheds New Light on Kuwaiti Funds Related to the “Army Fund” Case
  • Importance of Group Health Insurance in Saudi Arabia

Categories

Business
Energy
Finance
Healthcare
Real Estate
Travel
Tech
Middle East
Press Releases

Subscribe to Our Newsletter

    Qatar Business Today™ is part of GroupWeb Media Network. © 2025 GroupWeb Media LLC
    • About Us
    • Contact Us
    • Submit a Press Release
    No Result
    View All Result
    • Business
    • Energy
    • Finance
    • Healthcare
    • Real Estate
    • Tech
    • Travel
    • Middle East
    • Press Releases
    • About Us
      • Contact Us
      • Submit a Press Release

    Qatar Business Today™ is part of GroupWeb Media Network. © 2025 GroupWeb Media LLC