Cyber security is an organization of technologies, practices and processes designed to protect computers, networks, programs and data from unauthorized access. It increases the cyber speed & provides number of options to save data. Use cyber security features protect systems & software from cybercrimes like phishing, eavesdropping, spoofing, and tamper. It also offers various benefits for instance increased cyber-defense, improved security of cyberspaces and faster response time to national crisis. These benefits automatically boost value of service to the end-users. The cyber security market is further increased due to increased need from the enterprises to minimizing the security risks. Nowadays, enterprises have started embracing the cloud platforms and other key technologies making them more vulnerable to various cyber-attacks.
According to study, “Middle East & Africa Cyber Security Market” some of the major companies that are currently working in the Middle East & Africa cyber security industry are AVG Technologies, Rapid7 Inc., Dell Technologies, Inc., Trend Micro, Inc., Cisco Systems, Inc., Fireeye Inc., Oracle Corp., Sophos Ltd., F-Secure, Booz Allen Hamilton, Inc., Palo Alto Networks Private Limited, F5 Networks, Juniper Networks, Kaspersky Labs Private Limited, McAfee Software Pvt. Ltd., IBM Corporation, EMC RSA, BAE Systems Intelligence and Security, Checkpoint Software Technology, Fortinet Innovation Centre Pvt Ltd, Hewlett Packard Enterprise, Intel Security, Imperva, Juniper Networks Pvt Ltd., Symantec Corporation.
Based on type, the Middle East & Africa cyber security market future analysis is segmented into cyber security hardware, cyber security software and others. Based on domain, the market is segmented into network & endpoint security, threat intelligence, internet of things or industrial internet of things security, mobile security, cloud security, behavioral detection, deception security and others. Based on services, market is classified as consulting services, design & implementation services, training & education services, risk & threat assessment and support & maintenance services. Based on security type, the market is divided into endpoint security, cloud security, application security, network security and others security. The rising penetration of the mobile and wireless devices fostering the growth and increased demand of the connectivity infrastructure across the globe further propelled the adoption of smart devices.
The market of Antivirus and Antimalware Market will grow more significantly in the coming years around the globe with the extensive development in the economy and the effective working of the key players over the decades.
By countries, the Middle East & Africa (MEA) cyber security market is segmented into Saudi Arabia, UAE, and others. UAE is one the top growing economies in the MEA region. UAE cyber security market growth is anticipated to demonstrate formidable growth over the projected period, due to growing awareness among enterprises regarding cyber-attacks & expanding internet user base. Especially, the market is segmented into Abu Dhabi, Dubai, Sharjah and Rest of UAE. Among the regions, Dubai is estimated to continue its ascendancy as the foremost region because ofstrict directives for data privacy and increasing technology adoption.