Saudi Arabia Cybersecurity and MSSP Market

Saudi Arabia Cybersecurity and MSSP Market, valued at USD 4.7 Bn, grows due to rising threats, cloud adoption, and regulatory frameworks, with key segments in network and endpoint security.

Region:Middle East

Author(s):Geetanshi

Product Code:KRAB4025

Pages:84

Published On:October 2025

About the Report

Base Year 2024

Saudi Arabia Cybersecurity and MSSP Market Overview

  • The Saudi Arabia Cybersecurity and MSSP Market is valued at USD 4.7 billion, based on a five-year historical analysis. This growth is primarily driven by the increasing frequency and sophistication of cyber threats, rapid digital transformation across public and private sectors, and the government's intensified focus on national cybersecurity frameworks. The demand for robust cybersecurity solutions is further fueled by the widespread adoption of cloud services, proliferation of IoT devices, and increased remote work, which collectively raise the risk profile for organizations and necessitate advanced security investments .
  • Key cities such as Riyadh, Jeddah, and Dammam dominate the market due to their roles as economic and technological centers. Riyadh, as the capital, is home to major government bodies and financial institutions requiring advanced cybersecurity. Jeddah and Dammam are significant for their industrial bases and strategic locations, which drive demand for comprehensive cybersecurity solutions to safeguard critical infrastructure and sensitive data .
  • The National Cybersecurity Strategy, implemented by the National Cybersecurity Authority (NCA) in 2023, sets a unified regulatory and operational framework for cybersecurity in Saudi Arabia. The strategy, underpinned by the “National Cybersecurity Authority Regulations, 2017” (issued by the Council of Ministers), mandates compliance for all government and critical infrastructure entities, including requirements for risk management, incident reporting, and the adoption of international security standards. The government has allocated significant resources to support these initiatives, strengthening local capabilities and fostering public-private partnerships to enhance national resilience .
Saudi Arabia Cybersecurity and MSSP Market Size

Saudi Arabia Cybersecurity and MSSP Market Segmentation

By Type:The market is segmented into Network Security, Endpoint & IoT Security, Application Security, Cloud Security, Data Security & Privacy, Identity and Access Management, Content Security, and Others. Each segment addresses distinct security challenges, with network and endpoint security leading due to the expanding attack surface from digital transformation and IoT adoption. Cloud security is gaining momentum as organizations migrate workloads to the cloud, while data security and privacy are prioritized amid evolving regulatory requirements .

Saudi Arabia Cybersecurity and MSSP Market segmentation by Type.

By End-User:The end-user segmentation includes Government, Financial Services (BFSI), Healthcare and Life Sciences, Retail, Telecommunications, Energy and Utilities, Manufacturing, Aerospace and Defense, and Others. Government and BFSI sectors account for the largest share, reflecting stringent regulatory requirements and high-value data at risk. Healthcare and life sciences are rapidly growing due to electronic health record adoption and telemedicine expansion. Energy, utilities, and manufacturing are also key segments, driven by the need to protect operational technology and critical infrastructure .

Saudi Arabia Cybersecurity and MSSP Market segmentation by End-User.

Saudi Arabia Cybersecurity and MSSP Market Competitive Landscape

The Saudi Arabia Cybersecurity and MSSP Market is characterized by a dynamic mix of regional and international players. Leading participants such as STC Solutions (STC Advanced Solutions), Elm Company, Sirar by STC, Cyberani (Aramco subsidiary), IBM Security, Cisco Systems, Fortinet, Check Point Software Technologies, Palo Alto Networks, Trend Micro, Kaspersky, CrowdStrike, Spire Solutions, Help AG (an e& enterprise company), and Securitas Arabia contribute to innovation, geographic expansion, and service delivery in this space .

STC Solutions

2017

Riyadh, Saudi Arabia

Elm Company

1988

Riyadh, Saudi Arabia

Sirar by STC

2021

Riyadh, Saudi Arabia

Cyberani

2022

Dhahran, Saudi Arabia

IBM Security

1911

Armonk, New York, USA

Company

Establishment Year

Headquarters

Group Size (Large, Medium, or Small as per industry convention)

Market Share in Saudi Arabia Cybersecurity/MSSP Market

Number of Saudi Clients/Contracts

Customer Acquisition Cost

Customer Retention Rate

Average Revenue Per User (ARPU)

Saudi Arabia Cybersecurity and MSSP Market Industry Analysis

Growth Drivers

  • Increasing Cyber Threats:The surge in cyber threats is a significant driver for the cybersecurity market in Saudi Arabia. In future, the country reported over 1,200 cyber incidents, a 30% increase from the previous year. This alarming trend has prompted organizations to invest heavily in cybersecurity measures, with spending expected to reach approximately SAR 6 billion (USD 1.6 billion) in future. The growing frequency and sophistication of attacks necessitate robust cybersecurity frameworks to protect sensitive data and infrastructure.
  • Government Initiatives and Investments:The Saudi government has prioritized cybersecurity through initiatives like the National Cybersecurity Strategy, which allocates SAR 1.5 billion (USD 400 million) for enhancing national cybersecurity capabilities. This investment aims to bolster the country's defenses against cyber threats and promote a secure digital environment. Additionally, the government's Vision 2030 plan emphasizes digital transformation, further driving demand for cybersecurity solutions across various sectors, including finance, healthcare, and energy.
  • Digital Transformation Across Industries:The rapid digital transformation across industries in Saudi Arabia is a key growth driver for the cybersecurity market. By future, it is projected that 80% of businesses will adopt cloud-based solutions, increasing their vulnerability to cyber threats. Consequently, organizations are compelled to invest in advanced cybersecurity measures to safeguard their digital assets. The shift towards e-commerce and online services is also expected to contribute to a projected 25% increase in cybersecurity spending in the next year.

Market Challenges

  • Shortage of Skilled Cybersecurity Professionals:The cybersecurity sector in Saudi Arabia faces a critical shortage of skilled professionals, with an estimated gap of 30,000 cybersecurity experts in future. This shortage hampers organizations' ability to implement effective security measures and respond to incidents promptly. The lack of qualified personnel is exacerbated by the rapid evolution of cyber threats, making it challenging for existing staff to keep pace with the necessary skills and knowledge required to combat these threats effectively.
  • High Costs of Cybersecurity Solutions:The high costs associated with implementing comprehensive cybersecurity solutions pose a significant challenge for many organizations in Saudi Arabia. In future, the average expenditure on cybersecurity solutions is expected to exceed SAR 1 million (USD 267,000) per organization, which can be prohibitive, especially for small and medium-sized enterprises (SMEs). This financial barrier limits the adoption of essential cybersecurity measures, leaving many organizations vulnerable to cyber threats and attacks.

Saudi Arabia Cybersecurity and MSSP Market Future Outlook

The future of the cybersecurity market in Saudi Arabia appears promising, driven by increasing investments in technology and a heightened focus on security. As organizations continue to embrace digital transformation, the demand for advanced cybersecurity solutions will grow. Additionally, the government's commitment to enhancing national cybersecurity capabilities will foster innovation and collaboration within the industry. In future, the market is expected to witness significant advancements in AI-driven security solutions, further strengthening the defense against evolving cyber threats.

Market Opportunities

  • Growth in Managed Security Services:The demand for managed security services is on the rise, with an expected increase of 40% in adoption rates in future. Organizations are increasingly outsourcing their cybersecurity needs to specialized providers, allowing them to focus on core business functions while ensuring robust security measures are in place. This trend presents a lucrative opportunity for MSSPs to expand their service offerings and capture a larger market share.
  • Expansion of Cloud Security Solutions:As more businesses migrate to cloud environments, the need for cloud security solutions is set to grow significantly. By future, the cloud security market in Saudi Arabia is projected to reach SAR 2 billion (USD 533 million). This growth presents an opportunity for cybersecurity firms to develop innovative solutions tailored to protect cloud infrastructures, ensuring data integrity and compliance with regulatory standards.

Scope of the Report

SegmentSub-Segments
By Type

Network Security

Endpoint & IoT Security

Application Security

Cloud Security

Data Security & Privacy

Identity and Access Management

Content Security

Others

By End-User

Government

Financial Services (BFSI)

Healthcare and Life Sciences

Retail

Telecommunications

Energy and Utilities

Manufacturing

Aerospace and Defense

Others

By Deployment Model

On-Premises

Cloud-Based

Hybrid

By Service Type

Managed Security Services (MSS)

Professional Services

Consulting Services

By Industry Vertical

BFSI

Government

Healthcare and Life Sciences

Manufacturing

Retail

Energy and Utilities

Aerospace and Defense

Others

By Security Type

Threat Intelligence

Incident Response

Vulnerability Management

Risk and Compliance Management

Firewall & UTM

By Pricing Model

Subscription-Based

Pay-Per-Use

One-Time License Fee

Tiered/Volume-Based Pricing

Key Target Audience

Investors and Venture Capitalist Firms

Government and Regulatory Bodies (e.g., Saudi Arabian Monetary Authority, National Cybersecurity Authority)

Telecommunications Service Providers

Large Enterprises and Corporations

Small and Medium-sized Enterprises (SMEs)

Cybersecurity Solution Providers

Financial Institutions

Critical Infrastructure Operators

Players Mentioned in the Report:

STC Solutions (STC Advanced Solutions)

Elm Company

Sirar by STC

Cyberani (Aramco subsidiary)

IBM Security

Cisco Systems

Fortinet

Check Point Software Technologies

Palo Alto Networks

Trend Micro

Kaspersky

CrowdStrike

Spire Solutions

Help AG (an e& enterprise company)

Securitas Arabia

Table of Contents

Market Assessment Phase

1. Executive Summary and Approach


2. Saudi Arabia Cybersecurity and MSSP Market Overview

2.1 Key Insights and Strategic Recommendations

2.2 Saudi Arabia Cybersecurity and MSSP Market Overview

2.3 Definition and Scope

2.4 Evolution of Market Ecosystem

2.5 Timeline of Key Regulatory Milestones

2.6 Value Chain & Stakeholder Mapping

2.7 Business Cycle Analysis

2.8 Policy & Incentive Landscape


3. Saudi Arabia Cybersecurity and MSSP Market Analysis

3.1 Growth Drivers

3.1.1 Increasing Cyber Threats
3.1.2 Government Initiatives and Investments
3.1.3 Digital Transformation Across Industries
3.1.4 Rising Awareness of Cybersecurity

3.2 Market Challenges

3.2.1 Shortage of Skilled Cybersecurity Professionals
3.2.2 High Costs of Cybersecurity Solutions
3.2.3 Rapidly Evolving Threat Landscape
3.2.4 Regulatory Compliance Complexity

3.3 Market Opportunities

3.3.1 Growth in Managed Security Services
3.3.2 Expansion of Cloud Security Solutions
3.3.3 Increased Investment in AI and Automation
3.3.4 Collaboration with International Cybersecurity Firms

3.4 Market Trends

3.4.1 Adoption of Zero Trust Security Models
3.4.2 Integration of AI in Cybersecurity Solutions
3.4.3 Focus on Compliance and Data Privacy
3.4.4 Growth of Cyber Insurance Market

3.5 Government Regulation

3.5.1 National Cybersecurity Strategy
3.5.2 Data Protection Laws
3.5.3 Cybersecurity Frameworks and Standards
3.5.4 Compliance Requirements for Critical Infrastructure

4. SWOT Analysis


5. Stakeholder Analysis


6. Porter's Five Forces Analysis


7. Saudi Arabia Cybersecurity and MSSP Market Market Size, 2019-2024

7.1 By Value

7.2 By Volume

7.3 By Average Selling Price


8. Saudi Arabia Cybersecurity and MSSP Market Segmentation

8.1 By Type

8.1.1 Network Security
8.1.2 Endpoint & IoT Security
8.1.3 Application Security
8.1.4 Cloud Security
8.1.5 Data Security & Privacy
8.1.6 Identity and Access Management
8.1.7 Content Security
8.1.8 Others

8.2 By End-User

8.2.1 Government
8.2.2 Financial Services (BFSI)
8.2.3 Healthcare and Life Sciences
8.2.4 Retail
8.2.5 Telecommunications
8.2.6 Energy and Utilities
8.2.7 Manufacturing
8.2.8 Aerospace and Defense
8.2.9 Others

8.3 By Deployment Model

8.3.1 On-Premises
8.3.2 Cloud-Based
8.3.3 Hybrid

8.4 By Service Type

8.4.1 Managed Security Services (MSS)
8.4.2 Professional Services
8.4.3 Consulting Services

8.5 By Industry Vertical

8.5.1 BFSI
8.5.2 Government
8.5.3 Healthcare and Life Sciences
8.5.4 Manufacturing
8.5.5 Retail
8.5.6 Energy and Utilities
8.5.7 Aerospace and Defense
8.5.8 Others

8.6 By Security Type

8.6.1 Threat Intelligence
8.6.2 Incident Response
8.6.3 Vulnerability Management
8.6.4 Risk and Compliance Management
8.6.5 Firewall & UTM

8.7 By Pricing Model

8.7.1 Subscription-Based
8.7.2 Pay-Per-Use
8.7.3 One-Time License Fee
8.7.4 Tiered/Volume-Based Pricing

9. Saudi Arabia Cybersecurity and MSSP Market Competitive Analysis

9.1 Market Share of Key Players

9.2 Cross Comparison of Key Players

9.2.1 Company Name
9.2.2 Group Size (Large, Medium, or Small as per industry convention)
9.2.3 Market Share in Saudi Arabia Cybersecurity/MSSP Market
9.2.4 Number of Saudi Clients/Contracts
9.2.5 Customer Acquisition Cost
9.2.6 Customer Retention Rate
9.2.7 Average Revenue Per User (ARPU)
9.2.8 Pricing Strategy
9.2.9 Market Penetration Rate
9.2.10 Service Level Agreement (SLA) Compliance
9.2.11 Incident Response Time (Mean Time to Detect/Respond)
9.2.12 Revenue Growth Rate
9.2.13 Local Data Residency/Compliance Capabilities
9.2.14 Portfolio Breadth (Number of Security Offerings)
9.2.15 SOC (Security Operations Center) Presence in KSA

9.3 SWOT Analysis of Top Players

9.4 Pricing Analysis

9.5 Detailed Profile of Major Companies

9.5.1 STC Solutions (STC Advanced Solutions)
9.5.2 Elm Company
9.5.3 Sirar by STC
9.5.4 Cyberani (Aramco subsidiary)
9.5.5 IBM Security
9.5.6 Cisco Systems
9.5.7 Fortinet
9.5.8 Check Point Software Technologies
9.5.9 Palo Alto Networks
9.5.10 Trend Micro
9.5.11 Kaspersky
9.5.12 CrowdStrike
9.5.13 Spire Solutions
9.5.14 Help AG (an e& enterprise company)
9.5.15 Securitas Arabia

10. Saudi Arabia Cybersecurity and MSSP Market End-User Analysis

10.1 Procurement Behavior of Key Ministries

10.1.1 Key Ministries Involved
10.1.2 Budget Allocation Trends
10.1.3 Decision-Making Processes

10.2 Corporate Spend on Infrastructure & Energy

10.2.1 Investment Trends in Cybersecurity
10.2.2 Budget Prioritization
10.2.3 Long-Term Financial Commitments

10.3 Pain Point Analysis by End-User Category

10.3.1 Common Cybersecurity Challenges
10.3.2 Sector-Specific Vulnerabilities
10.3.3 Resource Allocation Issues

10.4 User Readiness for Adoption

10.4.1 Awareness Levels
10.4.2 Training and Skill Development
10.4.3 Technology Adoption Rates

10.5 Post-Deployment ROI and Use Case Expansion

10.5.1 Measuring ROI
10.5.2 Use Case Development
10.5.3 Long-Term Value Realization

11. Saudi Arabia Cybersecurity and MSSP Market Future Size, 2025-2030

11.1 By Value

11.2 By Volume

11.3 By Average Selling Price


Go-To-Market Strategy Phase

1. Whitespace Analysis + Business Model Canvas

1.1 Market Gaps Identification

1.2 Business Model Framework


2. Marketing and Positioning Recommendations

2.1 Branding Strategies

2.2 Product USPs


3. Distribution Plan

3.1 Urban Retail vs Rural NGO Tie-Ups


4. Channel & Pricing Gaps

4.1 Underserved Routes

4.2 Pricing Bands


5. Unmet Demand & Latent Needs

5.1 Category Gaps

5.2 Consumer Segments


6. Customer Relationship

6.1 Loyalty Programs

6.2 After-Sales Service


7. Value Proposition

7.1 Sustainability

7.2 Integrated Supply Chains


8. Key Activities

8.1 Regulatory Compliance

8.2 Branding

8.3 Distribution Setup


9. Entry Strategy Evaluation

9.1 Domestic Market Entry Strategy

9.1.1 Product Mix
9.1.2 Pricing Band
9.1.3 Packaging

9.2 Export Entry Strategy

9.2.1 Target Countries
9.2.2 Compliance Roadmap

10. Entry Mode Assessment

10.1 JV

10.2 Greenfield

10.3 M&A

10.4 Distributor Model


11. Capital and Timeline Estimation

11.1 Capital Requirements

11.2 Timelines


12. Control vs Risk Trade-Off

12.1 Ownership vs Partnerships


13. Profitability Outlook

13.1 Breakeven Analysis

13.2 Long-Term Sustainability


14. Potential Partner List

14.1 Distributors

14.2 JVs

14.3 Acquisition Targets


15. Execution Roadmap

15.1 Phased Plan for Market Entry

15.1.1 Market Setup
15.1.2 Market Entry
15.1.3 Growth Acceleration
15.1.4 Scale & Stabilize

15.2 Key Activities and Milestones

15.2.1 Milestone Planning
15.2.2 Activity Tracking

Research Methodology

ApproachModellingSample

Phase 1: Approach1

Desk Research

  • Analysis of government publications and cybersecurity frameworks from the Saudi Arabian government
  • Review of industry reports and white papers from cybersecurity associations and think tanks
  • Examination of market trends and statistics from reputable market research databases

Primary Research

  • Interviews with cybersecurity experts and consultants operating in the Saudi market
  • Surveys targeting IT managers and decision-makers in various sectors, including finance and healthcare
  • Focus groups with end-users to understand perceptions and needs regarding managed security services

Validation & Triangulation

  • Cross-validation of findings through multiple data sources, including government and private sector reports
  • Triangulation of qualitative insights from interviews with quantitative data from surveys
  • Sanity checks conducted through expert panel reviews to ensure data reliability

Phase 2: Market Size Estimation1

Top-down Assessment

  • Estimation of total cybersecurity spending in Saudi Arabia based on national IT budgets
  • Segmentation of the market by industry verticals such as finance, healthcare, and energy
  • Incorporation of government initiatives aimed at enhancing national cybersecurity posture

Bottom-up Modeling

  • Collection of firm-level data from leading Managed Security Service Providers (MSSPs) in the region
  • Operational cost analysis based on service offerings and pricing models of MSSPs
  • Volume and pricing analysis to derive revenue estimates for various service categories

Forecasting & Scenario Analysis

  • Multi-factor regression analysis incorporating factors such as digital transformation and regulatory changes
  • Scenario modeling based on potential cyber threats and their impact on market growth
  • Development of baseline, optimistic, and pessimistic forecasts through 2030

Phase 3: CATI Sample Composition1

Scope Item/SegmentSample SizeTarget Respondent Profiles
Financial Sector Cybersecurity85CIOs, IT Security Managers
Healthcare Cybersecurity Solutions75Healthcare IT Directors, Compliance Officers
Energy Sector Cybersecurity Strategies65Operations Managers, Risk Management Officers
Government Cybersecurity Initiatives55Policy Makers, Cybersecurity Advisors
Retail Sector Cybersecurity Measures80IT Managers, E-commerce Directors

Frequently Asked Questions

What is the current value of the Saudi Arabia Cybersecurity and MSSP Market?

The Saudi Arabia Cybersecurity and MSSP Market is valued at approximately USD 4.7 billion, driven by increasing cyber threats, digital transformation, and government initiatives focused on enhancing national cybersecurity frameworks.

What are the main drivers of growth in the Saudi Arabia Cybersecurity Market?

Which cities are the primary hubs for cybersecurity in Saudi Arabia?

What is the National Cybersecurity Strategy in Saudi Arabia?

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