Saudi Arabia Cybersecurity Market

The Saudi Arabia cybersecurity market, valued at USD 7 Bn, is set to grow to USD 17.5 Bn by 2030, fueled by rising cyber threats, government strategies, and tech adoption in key sectors.

Region:Middle East

Author(s):Shubham

Product Code:KRAB0790

Pages:87

Published On:August 2025

About the Report

Base Year 2024

Saudi Arabia Cybersecurity Market Overview

  • The Saudi Arabia Cybersecurity Market is valued at USD 7 billion, based on a five-year historical analysis. This growth is primarily driven by accelerated digital transformation across critical sectors, increasing sophistication and frequency of cyber threats, and substantial government investments in cybersecurity infrastructure aligned with Vision 2030. The market is further supported by heightened awareness of data privacy, regulatory compliance mandates, and the adoption of advanced technologies such as artificial intelligence and cloud computing to safeguard sensitive information and critical infrastructure .
  • Key cities dominating the Saudi Arabia Cybersecurity Market includeRiyadh, Jeddah, and Dammam. Riyadh, as the capital, is a hub for government and financial services, leading to higher demand for cybersecurity solutions. Jeddah and Dammam are also significant due to their strategic locations and the presence of major industries, including oil and gas, which require robust cybersecurity measures .
  • In 2023, the Saudi Arabian government implemented theNational Cybersecurity Strategy, which aims to enhance the country's cybersecurity posture. This strategy is operationalized under theEssential Cybersecurity Controls (ECC), 2022issued by the National Cybersecurity Authority (NCA), requiring all government entities and critical infrastructure operators to comply with mandatory cybersecurity standards, risk management protocols, and incident reporting mechanisms . The government has allocated significant budget resources to strengthen national cybersecurity capabilities, promote public-private partnerships, and develop a skilled workforce in the cybersecurity domain.
Saudi Arabia Cybersecurity Market Size

Saudi Arabia Cybersecurity Market Segmentation

By Type:The market is segmented into various types, including Network Security, Application Security, Endpoint Security, Cloud Security, Data Security, Identity and Access Management (IAM), Security Information and Event Management (SIEM), Vulnerability Management, and Others. Among these,Network Securityis the leading sub-segment, accounting for approximately 27% of the market, due to the increasing number of cyber threats targeting network infrastructures. Organizations are investing heavily in network security solutions to protect their data and maintain operational continuity .

Saudi Arabia Cybersecurity Market segmentation by Type.

By End-User:The end-user segmentation includes Government, Financial Services (BFSI), Healthcare, Retail & E-commerce, Telecommunications, Energy and Utilities (Oil & Gas, Power), Manufacturing, Education, and Others. TheGovernmentsector is the dominant end-user, driven by the need for national security and the protection of sensitive data. Increased cyber threats and regulatory mandates have prompted government agencies to invest significantly in cybersecurity solutions .

Saudi Arabia Cybersecurity Market segmentation by End-User.

Saudi Arabia Cybersecurity Market Competitive Landscape

The Saudi Arabia Cybersecurity Market is characterized by a dynamic mix of regional and international players. Leading participants such as STC Solutions (STC Cybersecurity), Elm Company, Sirar by STC, Spire Solutions, Advanced Electronics Company (AEC), IBM Security, Cisco Systems, Palo Alto Networks, Fortinet, Trend Micro, Kaspersky, Check Point Software Technologies, CrowdStrike, CyberKnight Technologies, and DarkMatter 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

IBM Security

1911

Armonk, New York, USA

Cisco Systems

1984

San Jose, California, USA

Company

Establishment Year

Headquarters

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

Revenue Growth Rate (Saudi Arabia operations)

Market Share (by revenue or customer base in Saudi Arabia)

Number of Major Saudi Clients / Contracts

Customer Retention Rate (Saudi market)

Market Penetration Rate (Saudi market)

Saudi Arabia Cybersecurity Market Industry Analysis

Growth Drivers

  • Increasing Cyber Threats:The Saudi Arabian cybersecurity landscape is significantly driven by the alarming rise in cyber threats, with reported incidents increasing by 30% in future. The National Cybersecurity Authority (NCA) reported over 1,200 cyber incidents, highlighting the urgent need for robust cybersecurity measures. This surge in threats is prompting organizations to invest heavily in cybersecurity solutions, with spending projected to reach SAR 6 billion in future, reflecting a strong commitment to safeguarding digital assets.
  • Government Initiatives and Investments:The Saudi government is actively promoting cybersecurity through initiatives like the National Cybersecurity Strategy, which allocates SAR 1.5 billion for cybersecurity projects in future. This strategy aims to enhance national resilience against cyber threats and foster a secure digital environment. Additionally, the government's Vision 2030 plan emphasizes digital transformation, further driving investments in cybersecurity infrastructure and services, thereby creating a conducive environment for market growth.
  • Digital Transformation Across Industries:The rapid digital transformation across various sectors, including finance, healthcare, and energy, is a key growth driver for the cybersecurity market. In future, the digital economy is expected to contribute SAR 1 trillion to the national GDP, necessitating advanced cybersecurity measures to protect sensitive data. As organizations increasingly adopt cloud services and IoT technologies, the demand for comprehensive cybersecurity solutions is surging, leading to significant market expansion.

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 threats promptly. The lack of qualified personnel is a significant barrier to achieving the desired level of cybersecurity maturity, leading to increased vulnerability to cyberattacks and potential financial losses.
  • High Costs of Cybersecurity Solutions:The financial burden associated with implementing comprehensive cybersecurity solutions poses a significant challenge for many organizations. In future, the average cost of cybersecurity solutions is projected to exceed SAR 500,000 for medium-sized enterprises. This high cost can deter smaller businesses from investing in necessary security measures, leaving them exposed to cyber threats. Consequently, the disparity in cybersecurity readiness between large and small organizations continues to widen.

Saudi Arabia Cybersecurity Market Future Outlook

The future of the Saudi Arabian cybersecurity market appears promising, driven by ongoing government support and increasing awareness of cyber threats. As organizations continue to embrace digital transformation, the demand for advanced cybersecurity solutions will likely escalate. Furthermore, the integration of artificial intelligence and machine learning technologies is expected to enhance threat detection and response capabilities, making cybersecurity more proactive. Overall, the market is poised for significant growth as stakeholders prioritize cybersecurity in their strategic planning.

Market Opportunities

  • Growth in Cloud Security Solutions:With the increasing adoption of cloud services, the demand for cloud security solutions is set to rise significantly. In future, the cloud security market in Saudi Arabia is expected to reach SAR 1 billion, driven by organizations seeking to protect their data in cloud environments. This presents a lucrative opportunity for cybersecurity firms to develop tailored solutions that address specific cloud security challenges.
  • Investment in AI and Machine Learning for Cybersecurity:The integration of AI and machine learning technologies into cybersecurity solutions is gaining traction. In future, investments in AI-driven cybersecurity tools are projected to exceed SAR 800 million. This trend offers opportunities for innovative companies to create advanced threat detection systems that can adapt to evolving cyber threats, enhancing overall security posture for organizations across various sectors.

Scope of the Report

SegmentSub-Segments
By Type

Network Security

Application Security

Endpoint Security

Cloud Security

Data Security

Identity and Access Management (IAM)

Security Information and Event Management (SIEM)

Vulnerability Management

Others

By End-User

Government

Financial Services (BFSI)

Healthcare

Retail & E-commerce

Telecommunications

Energy and Utilities (Oil & Gas, Power)

Manufacturing

Education

Others

By Industry Vertical

BFSI

Manufacturing

Education

Transportation & Logistics

Government and Defense

Oil & Gas

Healthcare

Others

By Deployment Mode

On-Premises

Cloud-Based

Hybrid

By Service Type

Consulting Services

Managed Security Services

Integration & Implementation

Training and Education

By Region

Central Region (Riyadh)

Eastern Region (Dammam, Khobar)

Western Region (Jeddah, Makkah, Madinah)

Southern Region

By Pricing Model

Subscription-Based

Pay-Per-Use

One-Time License Fee

Freemium/Trial

Key Target Audience

Investors and Venture Capitalist Firms

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

Telecommunications Service Providers

Energy Sector Companies

Healthcare Organizations

Financial Institutions

Defense and Security Agencies

Large Enterprises and Corporations

Players Mentioned in the Report:

STC Solutions (STC Cybersecurity)

Elm Company

Sirar by STC

Spire Solutions

Advanced Electronics Company (AEC)

IBM Security

Cisco Systems

Palo Alto Networks

Fortinet

Trend Micro

Kaspersky

Check Point Software Technologies

CrowdStrike

CyberKnight Technologies

DarkMatter

Table of Contents

Market Assessment Phase

1. Executive Summary and Approach


2. Saudi Arabia Cybersecurity Market Overview

2.1 Key Insights and Strategic Recommendations

2.2 Saudi Arabia Cybersecurity 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 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 Data Privacy

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 Compliance with International Standards

3.3 Market Opportunities

3.3.1 Growth in Cloud Security Solutions
3.3.2 Expansion of Managed Security Services
3.3.3 Increasing Demand for IoT Security
3.3.4 Investment in AI and Machine Learning for Cybersecurity

3.4 Market Trends

3.4.1 Shift Towards Zero Trust Security Models
3.4.2 Integration of AI in Cybersecurity Solutions
3.4.3 Rise of Cybersecurity Insurance
3.4.4 Focus on Regulatory Compliance and Data Protection

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 Market Market Size, 2019-2024

7.1 By Value

7.2 By Volume

7.3 By Average Selling Price


8. Saudi Arabia Cybersecurity Market Segmentation

8.1 By Type

8.1.1 Network Security
8.1.2 Application Security
8.1.3 Endpoint Security
8.1.4 Cloud Security
8.1.5 Data Security
8.1.6 Identity and Access Management (IAM)
8.1.7 Security Information and Event Management (SIEM)
8.1.8 Vulnerability Management
8.1.9 Others

8.2 By End-User

8.2.1 Government
8.2.2 Financial Services (BFSI)
8.2.3 Healthcare
8.2.4 Retail & E-commerce
8.2.5 Telecommunications
8.2.6 Energy and Utilities (Oil & Gas, Power)
8.2.7 Manufacturing
8.2.8 Education
8.2.9 Others

8.3 By Industry Vertical

8.3.1 BFSI
8.3.2 Manufacturing
8.3.3 Education
8.3.4 Transportation & Logistics
8.3.5 Government and Defense
8.3.6 Oil & Gas
8.3.7 Healthcare
8.3.8 Others

8.4 By Deployment Mode

8.4.1 On-Premises
8.4.2 Cloud-Based
8.4.3 Hybrid

8.5 By Service Type

8.5.1 Consulting Services
8.5.2 Managed Security Services
8.5.3 Integration & Implementation
8.5.4 Training and Education

8.6 By Region

8.6.1 Central Region (Riyadh)
8.6.2 Eastern Region (Dammam, Khobar)
8.6.3 Western Region (Jeddah, Makkah, Madinah)
8.6.4 Southern Region

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 Freemium/Trial

9. Saudi Arabia Cybersecurity 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 Revenue Growth Rate (Saudi Arabia operations)
9.2.4 Market Share (by revenue or customer base in Saudi Arabia)
9.2.5 Number of Major Saudi Clients / Contracts
9.2.6 Customer Retention Rate (Saudi market)
9.2.7 Market Penetration Rate (Saudi market)
9.2.8 Average Deal Size (Saudi contracts)
9.2.9 Pricing Strategy (relative to market average)
9.2.10 Service Level Agreement (SLA) Compliance Rate
9.2.11 Customer Satisfaction Score (Saudi clients)
9.2.12 Local Data Residency/Compliance Capabilities
9.2.13 Investment in R&D (Saudi-specific)
9.2.14 Number of Local Employees / Saudi Nationals

9.3 SWOT Analysis of Top Players

9.4 Pricing Analysis

9.5 Detailed Profile of Major Companies

9.5.1 STC Solutions (STC Cybersecurity)
9.5.2 Elm Company
9.5.3 Sirar by STC
9.5.4 Spire Solutions
9.5.5 Advanced Electronics Company (AEC)
9.5.6 IBM Security
9.5.7 Cisco Systems
9.5.8 Palo Alto Networks
9.5.9 Fortinet
9.5.10 Trend Micro
9.5.11 Kaspersky
9.5.12 Check Point Software Technologies
9.5.13 CrowdStrike
9.5.14 CyberKnight Technologies
9.5.15 DarkMatter

10. Saudi Arabia Cybersecurity Market End-User Analysis

10.1 Procurement Behavior of Key Ministries

10.1.1 Ministry of Interior
10.1.2 Ministry of Communications and Information Technology
10.1.3 Ministry of Health
10.1.4 Ministry of Education

10.2 Corporate Spend on Infrastructure & Energy

10.2.1 Investment in Cybersecurity Infrastructure
10.2.2 Budget Allocation for Cybersecurity Training
10.2.3 Expenditure on Cybersecurity Solutions

10.3 Pain Point Analysis by End-User Category

10.3.1 Data Breaches
10.3.2 Compliance Challenges
10.3.3 Lack of Skilled Personnel

10.4 User Readiness for Adoption

10.4.1 Awareness of Cybersecurity Risks
10.4.2 Readiness to Invest in Solutions

10.5 Post-Deployment ROI and Use Case Expansion

10.5.1 Measurement of ROI
10.5.2 Expansion of Use Cases

11. Saudi Arabia Cybersecurity 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 Identification of Market Gaps

1.2 Business Model Development


2. Marketing and Positioning Recommendations

2.1 Branding Strategies

2.2 Product USPs


3. Distribution Plan

3.1 Urban Retail Strategies

3.2 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 Joint Ventures

10.2 Greenfield Investments

10.3 Mergers & Acquisitions

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 Joint Ventures

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 Activity Planning
15.2.2 Milestone 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 from cybersecurity associations and think tanks in the region
  • Examination of market trends and forecasts from reputable market research firms focusing on the Middle East

Primary Research

  • Interviews with cybersecurity experts and consultants operating in Saudi Arabia
  • Surveys targeting IT managers and cybersecurity officers in key industries such as finance and healthcare
  • Focus groups with stakeholders from government agencies and private sector organizations

Validation & Triangulation

  • Cross-validation of findings through multiple data sources including academic journals and industry publications
  • Triangulation of qualitative insights from interviews with quantitative data from surveys
  • Sanity checks conducted through expert panel reviews to ensure data accuracy and relevance

Phase 2: Market Size Estimation1

Top-down Assessment

  • Estimation of the overall cybersecurity market size based on national IT spending and growth rates
  • Segmentation of the market by industry verticals such as government, finance, and telecommunications
  • Incorporation of regional cybersecurity initiatives and investments by the Saudi government

Bottom-up Modeling

  • Collection of firm-level data from leading cybersecurity service providers in Saudi Arabia
  • Operational cost analysis based on service offerings and pricing models in the market
  • Volume and revenue projections based on historical growth rates and emerging trends

Forecasting & Scenario Analysis

  • Multi-factor regression analysis incorporating factors such as digital transformation and regulatory changes
  • Scenario modeling based on potential threats and cybersecurity incidents in the region
  • Development of baseline, optimistic, and pessimistic forecasts through 2030

Phase 3: CATI Sample Composition1

Scope Item/SegmentSample SizeTarget Respondent Profiles
Financial Sector Cybersecurity100IT Security Managers, Risk Assessment Officers
Healthcare Cybersecurity Solutions75Healthcare IT Managers, Compliance Officers
Telecommunications Security Measures60Network Security Engineers, Operations Managers
Government Cybersecurity Initiatives50Policy Makers, Cybersecurity Analysts
SME Cybersecurity Awareness70Business Owners, IT Consultants

Frequently Asked Questions

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

The Saudi Arabia Cybersecurity Market is currently valued at approximately USD 7 billion, driven by increased digital transformation, rising cyber threats, and significant government investments in cybersecurity infrastructure as part of the Vision 2030 initiative.

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

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

What is the National Cybersecurity Strategy in Saudi Arabia?

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