UAE Managed Security Services Market Insights by Emerging Trends, Leading Key Players, Future Growth and Revenue, Demand and Revenue Forecast 2020

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.

UAE Managed Security Services Market Analysis, 2020 research report depicts a deep-dive market analysis of statistics of UAE Managed Security Services Market including regional and country-wise market size, market forecast, CAGR market segmentation, market shares of diverse regions and countries, market share of various end-users, applications, product type, technologies, competitive benchmarking, etc.

The surge in the managed security services in the UAE is associated with the rising number of cyberattacks on diverse institutions such as banks, telecom infrastructure, energy assets, etc. Another reason for the growth is favorable strategies by the government of UAE such as Emirates Blockchain Strategy 2021 and Dubai Smart City Initiative Vision 2021. According to MarkNtel Advisors’ research report titled “UAE Managed Security Services Market Analysis, 2020”, the UAE Managed Security Services Market is anticipated to grow at a CAGR of around 13% during 2020-25.

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The Final Report will cover the impact analysis of COVID-19 on this industry: UAE Managed Security Services Market Insights by Emerging Trends, Leading Key Players, Future Growth and Revenue, Demand and Revenue Forecast 2020

Intrusion Prevention & Detection and Security Assets Monitoring & Management Service Segments to Dominate the Market
Internet of Things (IoT) penetration, cloud migration, and software-defined networks (SDN) are gradually being prominent across enterprises in the UAE. The country is also known as the financial hub of Middle East & Africa. Therefore, the focus on Intrusion Prevention & Detection from BFSI industry is surging at an exponential pace. Furthermore, due to the rapid growth in IT infrastructure and the urgency for growing real-time data volumes is boosting the demand for security asset monitoring & management service in the UAE security segment market. The segment bagged the major market share in 2019 and as the ongoing developments in the country are expected to exhibit strengthening demand during 2020-25 as revealed by the MarkNtel Advisors’ research report “UAE Managed Security Services Market Analysis, 2020”.

The BFSI Segment Remained Dominant Through 2019
The banking, financial services & insurance (BFSI) application market registered the highest market share in UAE Managed Security Services market in 2019 owing to a growth in cyberattacks driven by monetary motives in the banking sector. Thus, the use of managed security services in the BFSI sector is turning out to be a necessity in the UAE.

According to MarkNtel Advisors, the key players with a considerable market share in the UAE Managed Security Services market include DTS Solution, Dark Matter, McAfee, LLC, eHosting DataFort, Fortinet, Paladion, Emirates Telecommunication Corporation, Etisalat, LogRhythm Inc, Paramount Computer System FZ-LLC, etc. The companies are merging and collaborating with other leading companies to remain competitive in the country.

Key Questions Answered in the Market Research Report
1. What are the key overall market statistics or market estimates (Market Overview, Market Size- By Value, Forecast Numbers, Market Segmentation, Market Shares) of UAE Managed Security Services Market?
2. What are the region wise industry size, growth drivers and challenges key market trends?
3. What are the key innovations, technology upgrades, opportunities, regulations in the UAE Managed Security Services Market?
4. Who are the key competitors or market players and how they perform in UAE Managed Security Services Market on the basis of competitive benchmarking matrix?

TABLE OF CONTENT

1. Introduction
1.1. Market Segmentation
1.2. Product Definition
1.3. Research Process
1.4. Assumptions
2. Executive Summary
3. Case Study
4. Impact of COVID-19 on UAE Managed Security Services Market
5. Expert Verbatim- What our Experts Say?
6. UAE Managed Security Services Market Analysis, 2015-2025F
6.1. Market Size & Analysis
6.1.1. Revenues
6.2. Market Share & Analysis

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