Middle East cybersecurity pre-COVID 19 market size is expected to grow from $16.1 billion in 2020 to $28.3 billion by 2025, with an average annual growth rate (CAGR) of 12%, while the market size after COVID 19 is expected. It will grow from $15.6 billion in 2020 to $29.9 billion in 2025 with a CAGR of 13% over the forecast period. Increasing sophistication of cyberattacks across the heavy industry is expected to lead to financial and reputation losses, stringent government regulations, and cyberattacks resulting from proliferation of digitization are expected to be key market drivers. The overall security posture of the cloud and IoT and the need to pre-adopt the steps necessary to ensure technological advances have strengthened potential use cases across industries.
A full report of Middle East Cyber Security Market is available at: https://www.orionmarketreports.com/middle-east-and-africa-cyber-security-market/38395/
This research report analyzes this market on the basis of its market segments, major geographies, and current market trends. This report provides comprehensive analysis of
• Market growth drivers
• Factors limiting market growth
• Current market trends
• Market structure
• Market projections for upcoming years
Middle East Cyber Security Market Segments
By Deployment Model
• Cloud-based
• On-premise
By Service Type
• Wireless security
• Application security
• Network security
• Endpoint security
• Cloud security
• On-premise
By Application
• Government
• IT and Telecommunications
• Banking, Financial Services, and Insurance (BFSI)
• Retail
• Healthcare
• Aerospace and Defense
• Manufacturing
• Others
Recent Developments
o Market Overview and growth analysis
o Import and Export Overview
o Volume Analysis
o Current Market Trends and Future Outlook
o Market Opportunistic and Attractive Investment Segment
Key Questions Answered by Middle East Cyber Security Market Report
• What was the Middle East Cyber Security Market size in 2018 and 2019; what are the estimated growth trends and market forecast (2019-2025).
• What will be the CAGR of Middle East Cyber Security Market during the forecast period (2019-2025)?
• Which segments (product type/applications/end-user) were most attractive for investments in 2018? How are these segments are expected to grow during the forecast period (2019-2025)?
• Which manufacturer/vendor/players in the Middle East Cyber Security Market was the market leader in 2018?
• Overview on the existing product portfolio, products in the pipeline, and strategic initiatives taken by key vendors in the market.
(This release has been published on OMR Industry Journal. OMR Industry Journal is not responsible for any content included in this release.)
