Middle East Cyber Security Market will be driven by Rise in Malware and Ransomware Attacks along with Surge in Penetration of Digital Services: Ken Research REQUEST FOR SAMPLE REPORT Buy Now Request For sample Report × Report Title Name Email Designation Phone No Comapny Name Comapny URL Country -- Please Select Your Country -- Afganistan Africa Albania Algeria Andorra Angola Anguilla Antigua and Barbuda Argentina Armenia Aruba Asia Australasia Australia Austria Azerbaijan Bahamas Bahrain Bangladesh Barbados Belarus Belgium Belize Benin Bermuda Bhutan Bolivia Bonaire Bosnia Herzegovina Botswana Brazil BRICS British Virgin Islands Brunei Darussalam Bulgaria Burkina Faso Cambodia Cameroon Canada Cape Verde Cayman Islands Central African Republic Central and South America Chad Chile China Colombia Comoros Congo Costa Rica Cote d'Ivoire Croatia Cuba Curacao Cyprus Czech Republic Denmark Djibouti Dominica Dominican Republic Ecuador Egypt El Salvador Equatorial Guinea Eritrea Estonia Ethiopia Europe European Union Falkland Islands Faroe Islands Fiji Finland France French Guiana French Polynesia Gabon Gambia Georgia Germany Ghana Gibraltar Global Great Britain Greece Greenland Grenada Guadeloupe Guam Guatemala Guerney & Alderney Guinea Guinea-Bissau Guyana Haiti Honduras Hong Kong Hungary Iceland India Indonesia Iran Iraq Ireland Isle of Man Israel Italy Ivory Coast Jamaica Japan Jersey Jordan Kazakhstan Kenya Kiribati Kosovo Kuwait Kyrgyzstan Laos Latvia Lebanon Lesotho Liberia Libyan Arab Jamahiriya Liechtenstein Lithuania Luxembourg Macao Macau Macedonia Madagascar Malawi Malaysia Maldives Mali Malta Man (Island of) Marshall Islands Martinique Mauritania Mauritius Mayotte Mexico Micronesia Middle East Minnesota Moldova Monaco Mongolia Monserrat Montenegro Morocco Morroco Mozambique Myanmar Namibia Nepal Netherlands New Caledonia New Zealand Nicaragua Niger Nigeria Niue North America North Korea Norway Oman Pakistan Palau Palestine Panama Papua New Guinea Paraguay Peru Philippines Poland Portugal Puerto Rico Qatar Reunion Romania Russia Rwanda Saint Helena Saint Lucia Saint Martin Saint Pierre and Miquelon Saint Vincent and the Grenadines Samoa Samoa (American) San Marino Sao Tome and Principe Saudi Arabia Scandinavia Senegal Serbia Seychelles Sierra Leone Singapore Sint Maarten Slovakia Slovenia Solomon (Islands) Somalia South Africa South Korea South Sudan Spain Sri Lanka Sudan Suriname Svalbard and Jan Mayen Islands Swaziland Sweden Switzerland Syria Taiwan Tajikistan Tanzania Thailand Timor Leste Togo Tonga Trinidad and Tobago Tunisia Turkey Turkmenistan Turks and Caicos Islands Uganda Ukraine United Arab Emirates United Kingdom United States Uruguay Uzbekistan Vanuatu Vatican City Venezuela Vietnam Virgin Islands Western Sahara Yemen Zambia Zimbabwe Requirement Submit Saudi Aramco, a state owned oil and gas enterprise was hit by a malware named Shamoon2.0 which left to operational instability and incurred heavy losses to the government. To avoid any such mishap in future corporate across the Middle East are opting for Cyber Security services for their IT operations. Middle East Cyber security revenue witnessed a growth in the past five years. The growth was mainly driven by implementation and amendments of cyber security measures to counter the increasing security concerns. Technological innovations and increased focus on infrastructure development have resulted in increase in demand of cyber security. The market witnessed entry of few new players which has altered the competitive landscape with disruptive cyber solutions. Heavy investments in infrastructure projects are driving the growth in central region (including countries such as Saudi Arabia) which is outpacing other regions in terms of infrastructural growth. Smart city projects across the Middle East are another factors driving demand of cyber security equipments. The market constitutes of developers and system integrators which provide and operate in a highly competitive market. The market is divided on the type of solutions provided by the equipments such as Firewall, Intrusion Detection System, Antivirus, Identity and Access Management, Encryption, Data Loss Prevention, Unidentified Threat Management, Disaster Recovery. The market dynamics of all the type of solutions seems to be governed mostly by type of threats exposed the end users. The market is primarily driven by firewall which will acquire majority of the market share. Banking and government sectors are one of the biggest users of cyber security in the region. According to Ken Research report titled “Middle East Cyber Security Market Outlook to 2022 – By Solutions (Firewall, Intrusion Detection System, Antivirus, Identity and Access Management, Encryption, Data Loss Prevention, Unidentified Threat Management, Disaster Recovery) and By Region”, smart home, commercial infrastructure are two markets which will drive the growth of cyber security market in the near future. The government is looking to diversify from traditional oil and gas business to other sectors in order to immune its economy against backlash suffered due to volatility in oil prices. New technologies such as Internet of Things and artificial intelligence have a wide application in the sector, although Middle East is yet to stride in this area as advanced technologies is limited to few projects in the market which is expected to grow by manifold in the near future. Key Segments Covered By Type of Regions Central Region, Western region, Southern Region, East Region, Northern Region By Type of Solution Firewall, Intrusion Detection System (IDS/IPS), Antivirus/Antimalware, Identity and Access Management (IAM), Encryption, Data Loss Prevention (DLP), Unidentified Threat Management (UTM), Disaster Recovery By Type of Security Network Security, Wireless Security, End-Point Security, Application Security, Content Security, Cloud Security Key Target Audience Network Security Companies, Cloud Security Companies, Antivirus Developers, End-Point Security Providers, Cyber Security System Integrators, Banking Institutions, Public Sector Companies, Government Entities, IT Managed Service Providers Time Period Captured in the Report 2012-2017 – Historical Period 2017-2022 – Future Forecast Companies Covered Cyber Security Developers: Fire Eye, IBM, Splunk, Four Scout, Symantec Cyber Security System Integrators: Etisalat, ISYX, BIOS, DU, Starlink Key Topics Covered in the Report Middle East Cyber Security Market, Cyber security market UAE, Cyber Security Solutions Middle East, Network Security Market Middle East, End Point Security Market Middle East, Major system integrators Middle East, Network security market Saudi Arabia, Fire Eye Network Security Middle East, Cyber Security Developers Middle East, Data Loss Protection Market Middle East For more information on the research report, refer to below link: https://www.kenresearch.com/defense-and-security/security-devices/middle-east-cyber-security-market/160752-16.html Related Reports https://www.kenresearch.com/defense-and-security/security-devices/global-cyber-security-market-2016-2026/78620-16.html https://www.kenresearch.com/defense-and-security/security-devices/india-cyber-security-report/12910-16.html https://www.kenresearch.com/defense-and-security/security-devices/brazil-cyber-security-market-report/111464-16.html Contact Us:- Ken Research Ankur Gupta, Head Marketing & Communications sales@kenresearch.com +91-9015378249 Post Views: 5 Tags: Anti Virus Market Middle East, Antimalware Market GCC, Antivirus Market GCC, Application Security Industry GCC, Cloud Security Market GCC, Cloud security market Kuwait, Cyber Security Developers Middle East, Cyber security equipment developers in Middle East, Cyber Security License Procurement Process GCC Countries, Cyber security market UAE, Cyber Security Revenue Middle East, Cyber Security Solutions Middle East, Data Loss Prevention Market Middle East, Data Loss Protection Market Middle East, Disaster Recovery Market Middle East, Encryption, End Point Security Market Middle East, Etisalat system integrators in Middle East, Fire Eye Network Security Middle East, GCC Identity and Access Management Market, Integrated Security Market Middle East, Internet Firewall Market GCC, Intrusion Detection System Market Middle East, Major projects by IBM in Middle East, Major system integrators Middle East, Network Security Market Middle East, Network security market Saudi Arabia, Splunk and Major Projects in Middle East, Unidentified Threat Management Middle East