The Middle East and Africa Cybersecurity Market (2018-2023)-Symantec Corporation, Check Point Software Technologies Ltd, Palo Alto Networks, Inc, Fortinet, Inc, FireEye, Inc, Trend Micro Inc., Proofpoint, Inc., KPMG, IBM Corp.
Get a Sample Copy@ www.worldwidemarketreports.com/sample/264914
Segmentation based on solutions:
Based on solutions, the identity and access management (IAM) segment is predicted to expand at the highest CAGR (14.5%) during the 2018-2023 period. Across the region, a number of companies are entering into partnerships and engaging in acquisitions to offer IAM solutions to different verticals. The governance, risk and compliance segment held the largest market share in 2017, and is predicted to dominate the market during the forecast period. The governments of countries in the region are passing laws and launching new security strategies to provide integrated protection to the countries' cyberspace. The strategies involve implementation of cyber smart nations, innovation, cybersecurity, cyber resilience, and national as well as international collaborations on cybersecurity.
Segmentation based on end use industry:
Based on end use industry, the banking and financial services segment is predicted to expand at the highest CAGR during the forecast period, and will reach a value of USD 8.17 Bn by 2023. This is because the banking sector faces almost three times more cyberattacks than any other industry, and the rise of the Middle East and Africa as a hub for finance and banking has made it a major target for cyber criminals. The segment held the largest market share in 2017 and is predicted to dominate the market during the 2018-2023 period.
Countries such as Saudi Arabia, United Arab Emirates (U.A.E.), and South Africa were the most prominent markets for cybersecurity in 2017. Spending on cybersecurity technology has increased considerably in these countries, owing to a recent spurt in the number of complex cyberattacks. Saudi Arabia is increasingly focusing on strengthening its cybersecurity capabilities, by legislating and enforcing cyberspace security by government agencies, especially for critical national infrastructure. The country is projected to witness high investments to strengthen its cybersecurity framework.
• Symantec Corporation
• Check Point Software Technologies Ltd.
• Palo Alto Networks, Inc.
• Fortinet, Inc.
• FireEye, Inc.
• Trend Micro Inc.
• Proofpoint, Inc.
• IBM Corp.
Inquire Before Buying@ www.worldwidemarketreports.com/quiry/264914
Worldwide Market Reports is your one-stop repository of detailed and in-depth market research reports compiled by an extensive list of publishers from across the globe. We offer reports across virtually all domains and an exhaustive list of sub-domains under the sun. The in-depth market analysis by some of the most vastly experienced analysts provide our diverse range of clients from across all industries with vital decision making insights to plan and align their market strategies in line with current market trends. Worldwide Market Research’s well-researched inputs that encompass domains ranging from IT to healthcare enable our prized clients to capitalize upon key growth opportunities and shield against credible threats prevalent in the market in the current scenario and those expected in the near future.
Worldwide Market Reports
1001 4th Ave,
Seattle, WA 98154,
Tel: +1 415 871 0703
This release was published on openPR.
Permanent link to this press release:
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release The Middle East and Africa Cybersecurity Market (2018-2023)-Symantec Corporation, Check Point Software Technologies Ltd, Palo Alto Networks, Inc, Fortinet, Inc, FireEye, Inc, Trend Micro Inc., Proofpoint, Inc., KPMG, IBM Corp. here
News-ID: 1729186 • Views: 511
More Releases from Worldwide Market Reports
Shea Butter Market – New Investments Expected to boost the Demand by 2027: The …
Shea butter is obtained from the nuts of Shea tree, which contain magnesium, potassium, and protein. Increasing demand for coco butter alternative and growing consumption of chocolate and bakery products are expected to drive the market. In addition, widespread usage of shea butter as a substitute for edible vegetable oils and fat in various food applications is likely to spur the demand. Bakery and confectionery manufacturers widely use it as an
Food Service Restaurant Market Set to Deliver Major Revenue Shares during the Fo …
The market has been segmented into food service sector type, and distribution channel. The total consumer foodservice market is divided into full service restaurants, fast food restaurants, cafes/bars, pizza foodservice, street stalks and kiosks, self-service restaurants, and home delivery restaurants. The ‘Food Service Restaurant Industry, 2013-2023 Market Research Report' is a professional and in-depth study on the current state of the global Food Service Restaurant industry with a focus on the
Demand on Bird Food Market 2019-2027 Top Key Players like: Trill, R&M, Harrison' …
Worldwide Market Reports has announced the addition of the “Global Bird Food Market Size Status and Forecast 2027”, The report classifies the global Bird Food Market in a precise manner to offer detailed insights about the aspects responsible for augmenting as well as restraining market growth. Bird Food Report by Material, Application, and Geography - Global Forecast to 2025 is a professional and comprehensive research report on the world's major regional
Abrasive Wheels & Discs Market Industry is the next Big Thing according to New R …
The Abrasive Wheels & Discs market report gives direct insight into the latest market trends and future opportunities along with the major player active in the market. The report comprises of all the important market-related information in detail such as size, share, growth factors, challenges, current and future trends and emerging opportunities for the forecast timeframe of 2019-2027. Major Players operating in market includes: 3M, DEWALT, Shark, Benchmark Abrasives, Black Hawk,
More Releases for Africa
Energy Drinks in South Africa
ReportsWorldwide has announced the addition of a new report title Energy Drinks in South Africa to its growing collection of premium market research reports. Energy Drinks in South Africa industry profile provides top-line qualitative and quantitative summary information including: market share, market size (value and volume 2011-15, and forecast to 2020). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the
Meat in South Africa 2017
ReportsWorldwide has announced the addition of a new report title Meat in South Africa 2017 to its growing collection of premium market research reports. Meat in South Africa industry profile provides top-line qualitative and quantitative summary information including: market share, market size (value and volume 2012-16, and forecast to 2021). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market. Synopsis: Essential
14th Africa Independents Forum
The 14th Africa Independents Forum 2016, 25-26th May, gathers together leading independents and corporate players worldwide and from across Africa, both listed and unlisted, large and small, established and new entrants, and provides enhanced exposure to the wider Africa-wide upstream industry in oil, and gas, exploration and development, including issues in crude oil and financial markets, engaging equity financiers, banks, private equity and investors found on the AIM and LSE,
Vizocom Selects iSAT Africa as Its Africa C-band Partner
Vizocom, a leading global provider of satellite services, announced today that it has signed a partnership agreement with iSAT Africa to cooperate in providing satellite services and solutions. Sharjah, UAE, March 02, 2016 -- Vizocom, a leading global provider of satellite services, announced today that it has signed a partnership agreement with iSAT Africa to cooperate in providing satellite services and solutions such as data solutions including C-band VSAT services and
23rd Africa Oil Week
While the African Continent continues to attract a steady stream of oil and gas commitments in its fast-growing oil, gas-LNG and energy industry, our landmark Africa Oil Week 2016 event will again showcase Africa’s Governments, National Oil Companies, Licensing Agencies and corporate players shaping the continent’s future – in exploration and production/development, across new frontiers and established basins; onshore in the Rifts and offshore in the shelf and deep-water, providing
Avnet extends its Africa focus
Avnet Technology Solutions, the solutions distribution leader and an operating group of Avnet, Inc. (NYSE: AVT), has extended its focus on the fast growing African region by investing heavily in the resources with a dedicated team of highly skilled sales, technical, financial and marketing professionals to expand its footprint across the continent. Avnet is also expanding its portfolio of products, solutions and services for solution providers on the African continent. A