Press release
The Need for Data Protection Pushes Managed Security Services in UAE
According to UAE Managed Security Services Market Research Report: Forecast (2022-27), "The market is projected to grow at a CAGR of around 13% during the forecast period, i.e., 2022-27. The market growth is driven by the growing number of cyber threats & attacks, the increasing adoption of devices, and the need to address concerns over malicious malware attacks & breaches across different sectors in the UAE.
Moreover, the growing establishment of Companies and start-ups is also stimulating the demand for security services. Additionally, several organizations' adoption of managed security services further exemplifies the market to achieve cost-effectiveness, reduced turnover time, and efficient business operations."
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Segmentation & Regional Analysis
The market is highly fragmented and comprises various bifurcations. These sections cover information on opportunities & challenges faced by the players, fluctuations in the demand, supply, revenue generation, size, sales, profits, volume, & price, among other parameters, to help stakeholders attain an overview of the external factors influencing the industry expansion. The industry bifurcates into the following segmentations:
By Type
-Distributed Denial of Service Mitigation (DDoS)
-Intrusion Detection & Prevention System
-Endpoint Security
-Firewall Management
-Risk and Compliance Management
-Vulnerability Management
-Security Information and Event Management (SIEM)
-Unified Threat Management
-Others
By Enterprise Size
-Small & Medium size Enterprises
-Large Enterprises
By Deployment Model
-On-Premises
-Cloud
By End User
-Government
-BFSI
-Healthcare
-Manufacturing
-Retail
-Telecom & IT
-Oil & Gas
-Others (Hospitality, etc.)
By Service Provider
-IT Service Providers
-Managed Security Specialist
-Telecom Service Provider
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Customer Inclination to Online Platforms Drives the Industry in UAE
"The Cloud Deployment Model dominates the UAE Managed Security Services Market given the mounting inclination of customers on online platforms as organizations shift to online platforms using Cloud technologies to store and manage the massive volume of data. In addition, extra benefits such as cost-effectiveness, minimal turnaround time, and easy access & use increase the demand for the cloud deployment segment. Moreover, growing complexities in IT infrastructure with a centralized system of network solutions are projected to stimulate the market growth further.", states the market report by Markntel Advisors.
Competitive Projection & Analysis
The researchers at Markntel Advisors have rigorously profiled each company operating in the industry, offering insights to the stakeholders about the competition and allowing them to strategize their tactics using the data put together in the report.
This information comprises the recent developments, mergers & acquisitions, product/service launches, expansion plans, & opportunities utilized to attain revenue, alongside the role & participation of the governments and more.
The prominent players profiled in the report include Injazat Data Systems, Emirates Integrated Telecommunications, DTS Solutions, BT Group, Managed FZ-LLC, Fortinet, Wipro, Secureworks, IBM, Cisco, Ixtel Technologies, and Paladion Networks.
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Customization Offers
To avail of exciting offers & customization services on the report, reach out to MarkNtel Advisors and get a personalized analysis of the UAE Managed Security Services Market. Out researchers compile data for the stakeholders, incorporating all the prominent aspects influencing the industry expansion alongside the particular chapters requested. This detail-driven, unbiased, and accurate data on grounds curating the fundamentals underlying the market potential & lucrative opportunities shall benefit the investors in numerous ways in the future.
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Our specialization in niche industries & emerging geographies allows our clients to formulate their strategies in a much more informed way and entail parameters like Go-to-Market (GTM), product development, feasibility analysis, project scoping, market segmentation, competitive benchmarking, market sizing & forecasting, & trend analysis, among others, for 15 diverse industrial verticals.
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