Middle East Cybersecurity Market Growing at a CAGR 13.8% | Key Player IBM, CISCO, Fireeye, Huawei, Fortinet - MENAFN.COM

Middle East Cybersecurity Market Growing at a CAGR 13.8% | Key Player IBM, CISCO, Fireeye, Huawei, Fortinet - MENAFN.COM

(MENAFN - GetNews) Middle East Cybersecurity Market by Component (Solutions and Services), Security Type (Network Security, Endpoint Security, Cloud Security, ICS Security, and Others), Deployment Mode, Organization Size, Vertical, and Country - Global Forecast to 2025


Cyber Security solutions and services help enterprises to safeguard the network, endpoint, ICS, and cloud environment from advanced cybersecurity threats. The ever-changing threat landscape requires various cybersecurity solutions which include identity and access management, risk and compliance management, encryption, Data Loss Prevention (DLP), Unified Threat Management (UTM), firewall, antivirus/antimalware, Intrusion Detection System (IDS)/Intrusion Prevention System (IPS), security and vulnerability management, disaster recovery, Distributed Denial of Service (DDoS) mitigation, and web filtering. The increasing need to mitigate IT security risks and threats such as malware, ransomware, DDoS attacks, viruses, trojans, and Advanced Persistent Threats (APTs) requires strong cybersecurity solutions and services. Furthermore, the globalization of industries and the rise in enterprise endpoint-targeted attacks have challenged business cybersecurity for special protection against threats.


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The network security segment to play a key role in the Middle East cybersecurity market


The network security segment is estimated to have the largest market size during the forecast period in the Post-COVID scenario. With the growth of COVID-19-related adaption in remote working practices, the network of enterprises in the Middle East has been jeopardized. Organizations are adopting measures to combat the situation and are collaborating with security vendors to manage the situation effectively. Increasing vulnerability on the network in the energy and utilities, BFSI, and IT and ITeS industry verticals are triggering the growth of the Middle East cybersecurity market .


The healthcare vertical is expected to grow at the highest CAGR in the Middle East cybersecurity market in P ..

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