Cyber security has become a key problem for all types of organizations and they have been increasing their spending on cyber security services/products/solutions to reduce the security issues (e.g. Aerospace & Defense, Retail and BFSI) and to protect data from the hackers.
In this region, government, BFSI, and energy & utilities organizations are under cyber-attacks and are targeted more by cyber-attackers. Due to this, there is a huge demand for better security products.
The GCC region has become the center point for cyber-attacks because of the region’s strategic and economic significance. In GCC region, government, education, and BFSI industries are the most targeted verticals by cyber attackers.
The increase in cyber threats, digitalization initiatives, and investment in homeland security are driving the market. The Middle East cyber security market is expected to grow at a CAGR of 22.5% during the period 2016–2022.
The Middle East cyber security market is analysed based on five segments – security types, solutions, services, verticals, and countries.
The security types segment is analysed based on cloud security, wireless security, network security, and application security. Cloud security is one of the important factors for organizations (small to larger) and adoption of this security will help enterprises in terms of reducing capital expenditure, increasing the productivity, business agility, ease of adaptation to market, and data protection.
The cloud security market revenue is expected to reach $20.20 billion by 2022.
The services segment is analysed based on consulting service, managed security service, and integration services. The services market revenue is expected to reach $34.37 billion by 2022.
The Middle East cyber security market is also analysed by verticals – BFSI, Energy & Utilities, Retail & wholesale distribution, IT & Telecom, Aerospace & Defence, Manufacturing, Healthcare, Transportation & Logistics, Government, Hospitality, Media & Entertainment, and Education. The BFSI and Energy & Utilities industries are going to contribute around 34% of the market share for the Middle East cyber security market in 2016.
The Education and Transportation & Logistics verticals are set to be the emerging verticals for the Middle East cyber security market growth in the upcoming years
The study covers and analyzes “Middle East Cyber Security Market”. Bringing out the complete key insights of the industry, the report aims to provide an opportunity for players to understand the latest trends, current market scenario, government initiatives, and technologies related to the market.
In addition, it helps the venture capitalist in understanding the companies better and take informed decisions.
Key Points from Table of Content
4 Market Outlook
4.2 Regulatory Bodies and Standards
4.3 Market Segmentation
4.4 Porter 5 (Five) Forces
5 Market Characteristics
5.2 Cyber Security Maturity Model
5.3 Market Dynamics
22.214.171.124 Increase in Cyber Threats
126.96.36.199 Digitalization Initiatives
188.8.131.52 Investment in Homeland Security in Middle East
184.108.40.206 Regulatory Compliance
220.127.116.11 Increase in Operational Cost
18.104.22.168 Managed Security Services Providers
22.214.171.124 Business Opportunities in Wireless Security
126.96.36.199 Increase Demand for Cloud Security
5.3.4 DRO – Impact Analysis
6 Market Trends
6.1 Market Trends
7 Cyber Security Types: Market Size and Analysis
7.2 Network Security
7.3 Cloud Security
7.4 Wireless Security
7.5 Application Security
7.6 Vendor Profiles
7.6.1 Cisco System, Inc.
188.8.131.52 Business Unit
184.108.40.206 Geographic revenue
220.127.116.11 Recent developments
18.104.22.168 Business Focus
22.214.171.124 SWOT Analysis
126.96.36.199 Business Strategies
7.6.2 Checkpoint Software Technology
188.8.131.52 Business Unit
184.108.40.206 Geographic Revenue
220.127.116.11 Recent Developments
18.104.22.168 Business Focus
22.214.171.124 SWOT Analysis
126.96.36.199 Business Strategies
188.8.131.52 Business Unit
184.108.40.206 Geographic Revenue
220.127.116.11 Recent Developments
18.104.22.168 Business Focus
22.214.171.124 SWOT Analysis
126.96.36.199 Business Strategies
7.6.4 Booz Allen Hamilton, Inc.
188.8.131.52 Business Unit
184.108.40.206 Geographic Revenue
220.127.116.11 Recent Developments
18.104.22.168 Business Focus
22.214.171.124 SWOT Analysis
126.96.36.199 Business Strategies
7.6.5 Symantec Corp
188.8.131.52 Business Unit
184.108.40.206 Geographic Revenue
220.127.116.11 Recent Developments
18.104.22.168 Business Focus
22.214.171.124 SWOT Analysis
126.96.36.199 Business Strategies
7.6.6 BAE Systems Intelligence and Security
188.8.131.52 Business Unit
184.108.40.206 Geographic Revenue
220.127.116.11 Recent Developments
18.104.22.168 Business Focus
22.214.171.124 SWOT Analysis
126.96.36.199 Business Strategies
8 Services: Market Size and Analysis
For more information:
Category: Market Research Publishers and RetailersCompany about: ReportsWeb is a one-stop shop for market research reports and solutions to various companies across the globe. We help our clients in their decision support system by helping them choose most relevant and cost-effective research papers and solutions from various publishers. The market research industry has changed in last decade. As the corporate focus has shifted to niche markets and emerging countries, some publishers have stepped in to fulfill these information needs. We have experienced and ...