KSA Cybersecurity Market is Expected to Gain Momentum from the Technological Advancements and Government Initiatives along with Covid Incited surge in Demand: Ken Research Government strict regulations such as ECC and Cybersecurity Framework by SAMA will act as a catalyst for the surging growth of the cybersecurity market in KSA. Shifting to cloud infrastructure as companies look for a hybrid mode of working will assist the growth of the industry. Covid 19 has not only forced people to spend… Read More »
KSA Cybersecurity Market Has Been Experiencing Massive Growth, Owing to Global Pandemic, Government Initiatives & Others KSA Cybersecurity Market experienced a massive uptick, growing at a CAGR of 18.9% as a result of Government initiatives & Global Pandemic among other factors The Y-o-Y growth in the period between 2019-23 has experienced a massive upsurge attributed to the advent of the global pandemic. A major reason behind this was the WFH set-up… Read More »
Saudi Arabia Cybersecurity Market – Growth, Trends, Covid-19 Impact, And Forecasts (2022 – 2026) In 2020, Saudi Arabia recorded over 22.5 million cyber-attacks, each of which cost over 6.5 million dollars to the state: Ken Research In 2020, Saudi Arabia recorded 22.5 million cyberattacks. Companies, especially MSMEs, were the major targets. Therefore, enterprises are boosting investment to enhance their cybersecurity measures. Favorable demographic dividend: A G20 economy with a… Read More »
