Press release
Recent Cybersecurity Market Developments, Comprehensive Analysis, Industry Revenue Figures, Outlook, and Study of Top Players until 2029 | IBM (US), Cisco (US), Palo Alto Networks (US), Check Point (Israel), Trend Micro (Japan), Fortinet (US), Norton Life
๐ฅ ๐๐๐ญ ๐ ๐ซ๐๐ ๐๐๐ ๐๐๐ฆ๐ฉ๐ฅ๐ ๐๐๐ฉ๐จ๐ซ๐ญ + ๐๐ฅ๐ฅ ๐๐๐ฅ๐๐ญ๐๐ ๐๐๐๐ฅ๐๐ฌ ๐๐ง๐ ๐๐ซ๐๐ฉ๐ก๐ฌ ๐๐ญ ๐ฝ https://www.reportsnreports.com/contacts/requestsample.aspx?name=1606561
๐๐๐๐๐ฒ ๐๐๐ซ๐ค๐๐ญ ๐๐ฅ๐๐ฒ๐๐ซ๐ฌ ๐๐จ๐ฏ๐๐ซ๐๐ ๐ข๐ง ๐ญ๐ก๐ข๐ฌ ๐๐๐ฉ๐จ๐ซ๐ญ: ๐
๐ IBM (US)
๐ Cisco (US)
๐ Palo Alto Networks (US)
๐ Check Point (Israel)
๐ Trend Micro (Japan)
๐ Fortinet (US)
๐ Norton LifeLock (US)
๐ Sophos (UK)
๐ Kaspersky (Russia)
๐ Trellix (US)
๐ ESET (Slovakia)
๐ DTS Solution (UAE)
๐ RAS Infotech (UAE)
๐ SpiderSilk (UAE)
๐ CYBERSEC CONSULTING (UAE)
๐ AHAD (UAE)
๐ CodeGreen (UAE)
๐ LogRhythm (US)
๐ Malwarebytes (US)
๐ Safe Decision (KSA)
๐ Security Matterz (KSA)
๐ Infratech (KSA)
๐ Cato Networks (Israel)
๐ Help AG (UAE)
๐ Cysiv (Egypt)
๐ CyberGate (UAE)
๐ Augmenta Cyber Security (South Africa)
๐ CipherWave (Gauteng)
๐ Defendza (UK)
๐ SecureTech (Israel)
๐ Tactical Intelligence Security Ltd. (Ghana)
๐ ZINAD (UAE)
The market growth can be attributed to the growing instances of target based cyberattacks and increased adoption of cloud-based cybersecurity solutions. However, lack of awareness and understanding; inadequate infrastructure, lack of skilled professionals and the constantly evolving threat landscape are expected to hinder the market growth.
By Component, hardware segment is expected to grow at a higher CAGR during the forecast period
Hardware includes encryption, NAC hardware, firewall hardware devices, and authentication hardware tokens. Hardware encryption encrypts data using dedicated electronic circuits for cryptographic engines integrated with storage drives and operating at full channel speed. The hardware encryption technology helps protect data at rest and in transit mode. It does not require any driver installation or software installation on host PCs. It encrypts data stored on devices to protect from the most common attacks, such as cold boot attacks, malicious codes, and brute force attacks. With the increasing technological advancements, smaller, more efficient, and powerful neuromorphic chip-based systems are expected to replace large hardware devices. Hardware devices enabled with high-computational capabilities are designed to handle graphics applications and display functions that render high-quality images, animations, and videos. These factors are believed to have contributed to the growth of the Middle East and Africa cybersecurity market in recent years.
By Service, managed services is expected to grow at a higher CAGR during the forecast period
Managed services mostly revolve around the term 'outsourcing.' Technologies such as big data analytics, blockchain, and AI are rapidly evolving. Therefore, protecting critical applications is getting tougher every day. This task becomes even harder with no dedicated IT security teams or experts. However, due to high costs and resource constraints, organizations often outsource this task to Managed Security Service Providers (MSSPs). These MSSPs offer round-the-clock visibility into IT infrastructures and provide security assessment and monitoring of applications, systems, and devices. The demand for managed services is rising due to the increase in large-scale networks and IoT applications in organizations
By organization size, large enterprises account for a significant market size during the forecast period
The large enterprises segment is projected to account for a higher revenue share in the cybersecurity market. Large enterprises are reshaping their security policies and architecture to incorporate security solutions and services to protect critical assets from cyberattacks. They adopt cybersecurity to safeguard networks, endpoints, data centers, devices, users, and applications against unauthorized usage and malicious ransomware attacks. The penetration of access management solutions among large organizations facilitates privileged access to servers and web applications, encouraging market growth. The IT administrators in large organizations dealing with highly sensitive information witness a high demand for cybersecurity solutions to perform real-time security analytics of various security incidents. Cybersecurity solutions help IT security professionals in large enterprises to gain enhanced network visibility and effectively implement policies across different departments in remote locations. Large budgets implement world-class security solutions and witness a high demand for real-time auditing and monitoring of the rising IoT traffic, encouraging the adoption of cybersecurity solutions among large companies.
๐ Feel free to ask your queries at https://www.reportsnreports.com/contacts/inquirybeforebuy.aspx?name=1606561
๐๐๐๐ฌ๐จ๐ง๐ฌ ๐ญ๐จ ๐๐ฎ๐ฒ ๐ญ๐ก๐ข๐ฌ ๐ซ๐๐ฉ๐จ๐ซ๐ญ
The report will help market leaders/new entrants in this market with information on the closest approximations of the revenue numbers for the overallthreat modeling tools market and its subsegments. It will help stakeholders understand the competitive landscape and gain more insights to position their businesses better and plan suitable go-to-market strategies. It also helps stakeholders understand the market's pulse and provides information on key market drivers, restraints, challenges, and opportunities.
๐๐๐ฌ๐๐๐ซ๐๐ก ๐๐จ๐ฏ๐๐ซ๐๐ ๐
This research report categorizes the Middle East and Africa Cybersecurity market by Component (Software, Hardware, and Services), Software (IAM, Encryption and Tokenization, and Other Software), Security Type, Deployment Mode, Organization Size, Vertical and Region. The scope of the report covers detailed information regarding the major factors, such as drivers, restraints, challenges, and opportunities, influencing the growth of the Middle East and Africa Cybersecurity market. A detailed analysis of the key industry players has been done to provide insights into their business overview, solutions, and services; key strategies; Contracts, partnerships, agreements. new product & service launches, mergers and acquisitions, and recent developments associated with the Middle East and Africa Cybersecurity market. Competitive analysis of upcoming startups in the Middle East and Africa Cybersecurity market ecosystem is covered in this report.
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