Middle East Cyber Security Market and Revenue Analysis Insights by Latest Trends, Top Key Players, Future Growth, Revenue and Demand Forecast

With COVID-19 resulting in the economic fallout, numerous economies are working on game-changing improvements to protect their employees and clients. While focusing on the ongoing challenges, the leaders are embracing new plans in order to manage and stay afloat in this competitive environment.

Middle East Cyber Security Market Analysis, 2021 research report depicts a deep dive market analysis of statistics of Middle East Cyber Security market which consists of regional and country-wise market size, forecast, CAGR market segmentation, market shares of diverse regions and countries, market share of various end-users, applications, product type, technologies, competitive benchmarking, etc.

According to MarkNtel Advisors’ research report “Middle East Cyber Security Market Analysis, 2021”, the Middle East Cyber Security market is anticipated to grow at a CAGR of 14% during 2021-26F. The growth of the market is accredited to rising adoption of advanced technology such as cloud, 5G, and IoT in SMEs and large enterprises, increase in cyberattack incidents, and surging inclination towards cloud technology. Moreover, burgeoning digital adoption, proliferating use of smartphones, internet banking is surging the demand for cybersecurity in the forthcoming timeline.

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The Final Report will cover the impact analysis of COVID-19 on this industry: Middle East Cyber Security Market and Revenue Analysis Insights by Latest Trends, Top Key Players, Future Growth, Revenue and Demand Forecast – 2021

Impact of COVID-19
Besides this, the COVID-19 outbreak has an optimistic impact on the market growth. The adoption of remote working among various companies to curb the spreading has propelled the internet traffic. Thus, this has upsurged the risk of cyberattack at a significant rate. UAE witnessed 250% increase in cyberattacks in 2020, with rising incidents of phishing and ransomware incidents. However, the post COVID-19 is also anticipated to promulgate the market growth in the forthcoming timeline.

Cloud Segment Exhibits Fastest Growth
Based on Deployment, Cloud deployment is projected to grow at a fastest rate in the Middle East Cyber Security market in 2020. The growth is attributed to rising integration of cloud technology in SMEs, increasing spending by the enterprises in cloud security infrastructure to secure cloud network. Moreover, the COVID-19 crisis has fueled the growth of the market at a robust rate due to mounting use of cloud-based MSS. Hence, this is projected to upsurge the growth of Cyber Security market in the region in the coming years as stated by the MarkNtel Advisors’ research report “Middle East Cyber Security Market Analysis, 2021”.

Competitive Landscape
According to MarkNtel Advisors’, the key players with a considerable market share in the Middle East Cyber Security market are IBM, Cisco, Fireeye, Huawei, Fortinet, Palo Alto Networks, Check Point Software Technologies, Trend Micro. Sophos, Kaspersky, Mcafee, Forcepoint, Dts Solution, Ras Infotech, Codegreen Systems, AT&T Cybersecurity, Protiviti, Logrhythm, Malwarebytes etc.

1. Introduction
1.1. Product Definition
1.2. Research Process
1.3. Assumptions
1.4. Market Segmentation
2. Executive Summary
3. Impact of COVID-19 on Middle East Cyber Security Market
4. Middle East Cyber Security Market Business Cases
5. Middle East Cyber Security Market Outlook, 2016-2026F
5.1. Market Size & Analysis
5.1.1. By Revenues
5.2. Market Share & Analysis
5.2.1. By Component Type
5.2.1.1. Solutions
5.2.1.1.1. Identity & Access Management
5.2.1.1.2. Risk & Compliance
5.2.1.1.3. Encryption
5.2.1.1.4. Data Loss Prevention
5.2.1.1.5. Unified Threat Management
5.2.1.1.6. Firewall
5.2.1.1.7. Anti- Viruses
5.2.1.1.8. Intrusion Detection System/Intrusion Prevention System
5.2.1.1.9. Security And Vulnerability Management
5.2.1.1.10. Disaster Recovery
5.2.1.1.11. Distributed Denial Of Service Mitigation
5.2.1.1.12. Web Filtering
5.2.1.1.13. Others
5.2.1.2. Services

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