Middle East Cyber Security Market Analysis, 2021 research report depicts a deep dive market analysis of statistics of Middle East Cyber Security market which consists of regional and country-wise market size, forecast, CAGR market segmentation, market shares of diverse regions and countries, market share of various end-users, applications, product type, technologies, competitive benchmarking, etc.

Market Opportunities
According to MarkNtel Advisors’ research report “Middle East Cyber Security Market Analysis, 2021”, the Middle East Cyber Security market is anticipated to grow at a CAGR of 14% during 2021-26F. The growth of the market is accredited to rising adoption of advanced technology such as cloud, 5G, and IoT in SMEs and large enterprises, increase in cyberattack incidents, and surging inclination towards cloud technology. Moreover, burgeoning digital adoption, proliferating use of smartphones, internet banking is surging the demand for cybersecurity in the forthcoming timeline.

Impact of COVID-19
Besides this, the COVID-19 outbreak has an optimistic impact on the market growth. The adoption of remote working among various companies to curb the spreading has propelled the internet traffic. Thus, this has upsurged the risk of cyberattack at a significant rate. UAE witnessed 250% increase in cyberattacks in 2020, with rising incidents of phishing and ransomware incidents. However, the post COVID-19 is also anticipated to promulgate the market growth in the forthcoming timeline.

Market Segmentation
Cloud Segment Exhibits Fastest Growth
Based on Deployment, Cloud deployment is projected to grow at a fastest rate in the Middle East Cyber Security market in 2020. The growth is attributed to rising integration of cloud technology in SMEs, increasing spending by the enterprises in cloud security infrastructure to secure cloud network. Moreover, the COVID-19 crisis has fueled the growth of the market at a robust rate due to mounting use of cloud-based MSS. Hence, this is projected to upsurge the growth of Cyber Security market in the region in the coming years as stated by the MarkNtel Advisors’ research report “Middle East Cyber Security Market Analysis, 2021”.

Competitive Landscape
According to MarkNtel Advisors’, the key players with a considerable market share in the Middle East Cyber Security market are IBM, Cisco, Fireeye, Huawei, Fortinet, Palo Alto Networks, Check Point Software Technologies, Trend Micro. Sophos, Kaspersky, Mcafee, Forcepoint, Dts Solution, Ras Infotech, Codegreen Systems, AT&T Cybersecurity, Protiviti, Logrhythm, Malwarebytes etc.

Key Questions Answered in the Market Research Report
1. What are the key overall market statistics or market estimates (Market Overview, Market Size- By Value, Forecast Numbers, Market Segmentation, Market Shares) of Middle East Cyber Security Market?
2. What is the region wise industry size, growth drivers and challenges key market trends?
3. What are the key innovations, technology upgrades, opportunities, regulations in the Middle East Cyber Security Market?
4. Who are the key competitors or market players and how they perform in Middle East Cyber Security Market based on competitive benchmarking matrix?
5. What are the key results derived from the market surveys conducted during the course of Middle East Cyber Security Market study?

Market Outlook, Segmentation and Statistics
1) Impact of COVID-19 on Middle East Cyber Security Market
2) Middle East Cyber Security Market Business Cases
3) Market Size & Analysis
a) By Revenues (USD Million)
4) Market Share & Analysis
a) By Component Type
i) Solutions
(1) Identity & Access Management
(2) Risk & Compliance
(3) Encryption
(4) Data Loss Prevention
(5) Unified Threat Management
(6) Firewall
(7) Anti- Viruses
(8) Intrusion Detection System/Intrusion Prevention System
(9) Security And Vulnerability Management
(10) Disaster Recovery
(11) Distributed Denial Of Service Mitigation
(12) Web Filtering
(13) Others
ii) Services
(1) Professional Services
(a) Design & Development
(b) Integration
(c) Risk & Threat Assessment
(d) Consulting
(e) Training & Education
(f) Maintenance & Upgrades
(2) Managed Services
b) By Security Type
i) Network Security
ii) End Point Security
iii) App Security
iv) Cloud Security
v) Content Security
vi) Industrial Control System Security
c) By Deployment
i) Cloud
ii) On Premise
iii) Hybrid
d) By End Users
i) Oil & Gas
ii) BFSI
iii) Healthcare
iv) Utilities
v) IT & Telecom
vi) Others
e) By Enterprise Size
i) Large
ii) Mid-Size
iii) Small
f) By Country
i) UAE Cyber Security Market Outlook, 2016-2026F (USD Million)
ii) Saudi Arabia Cyber Security Market Outlook, 2016-2026F (USD Million)
iii) Qatar Cyber Security Market Outlook, 2016-2026F (USD Million)
iv) Kuwait Cyber Security Market Outlook, 2016-2026F (USD Million)
v) Oman Cyber Security Market Outlook, 2016-2026F (USD Million)
vi) Bahrain Cyber Security Market Outlook, 2016-2026F (USD Million)
vii) Turkey Cyber Security Market Outlook, 2016-2026F (USD Million)
viii) Egypt Cyber Security Market Outlook, 2016-2026F (USD Million)
ix) Israel Cyber Security Market Outlook, 2016-2026F (USD Million)
g) By Company
i) Revenue Shares
ii) Strategic Factorial Indexing
iii) Competitor Placement in MarkNtel Quadrant
h) M Middle East Cyber Security Market Analysis Trends & Insights
i) Middle East Cyber Security Market Intellectual Property Rights Analysis
j) Middle East Cyber Security Market Analysis Hotspots & Opportunities
k) Middle East Cyber Security Market Regulations
5) Competition Outlook
a) Competitor Wise Growth Strategies
b) Company Profiles

Frequently Asked Questions
Q. What is the historical year, base year and forecast year considered in the research report on Middle East Cyber Security Market?
A. The historical data has been provided since 2016, while the base year is 2020 and the data is forecast up-to 2026.
Q. What are the units or denomination for measuring market value and volume in the report?
A. The market size/industry size or the market value is measured in terms of USD Million.
Q. What would be the growth rate or CAGR of Middle East Cyber Security Market during 2021-26F?
A. The Middle East Cyber Security Market is forecast to grow at a CAGR of 14% during 2021-26F.
Q. Who are the key competitors or players operating in Middle East Cyber Security Market?
A. IBM, Cisco, Fireeye, Huawei, Fortinet, Palo Alto Networks, Check Point Software Technologies, Trend Micro. Sophos, Kaspersky, Mcafee, Forcepoint, Dts Solution, Ras Infotech, Codegreen Systems, AT&T Cybersecurity, Protiviti, Logrhythm, Malwarebytes etc., are few of the leading players in the Middle East Cyber Security Market.
Q. Which end-user segment would emerge as an opportunity area for players in Middle East Cyber Security Market?
A. Healthcare segment is expected to attain the highest CAGR during the forecast period and maintain its significant market share.
Q. Which country would emerge as an opportunity area for players in Middle East Cyber Security Market?
A. UAE continue to grow at a highest CAGR, presenting immense opportunities for manufacturers and suppliers of Middle East Cyber Security Market.