Press release
Cybersecurity Market Size in 2023 To 2029 | IBM (US), Cisco (US), Palo Alto Networks (US), Check Point (Israel), Trend Micro (Japan), Fortinet (US), Norton LifeLock (US), Sophos (UK), Kaspersky (Russia), Trellix (US), ESET (Slovakia), DTS Solution (UAE),
The report offers a detailed measurement of the drivers, development, and prospects that have a direct impact on the Cybersecurity market. The market study contains an in-depth analysis of the international Cybersecurity Market based on the key boundaries that encompass the drivers, sales inquiry, market limits & share. The report further highlights assessing the market size of four key regions, namely North America, Europe, Asia-Pacific, and Rest of World.๐๐จ๐ฐ๐ง๐ฅ๐จ๐๐ ๐ ๐ซ๐๐ ๐๐๐ ๐๐๐ฆ๐ฉ๐ฅ๐ ๐๐๐ฉ๐จ๐ซ๐ญ + ๐๐๐ญ๐๐ข๐ฅ๐๐ ๐๐๐ โก๏ธ https://www.reportsnreports.com/contacts/requestsample.aspx?name=1606561
Major vendors in the Middle East and Africa Cybersecurity market are IBM (US), Cisco (US), Palo Alto Networks (US), Check Point (Israel), Trend Micro (Japan), Fortinet (US), Norton LifeLock (US), Sophos (UK), Kaspersky (Russia), Trellix (US), ESET (Slovakia), DTS Solution (UAE), RAS Infotech (UAE), SpiderSilk (UAE), CYBERSEC CONSULTING (UAE), AHAD (UAE), CodeGreen (UAE), LogRhythm (US), Malwarebytes (US), Safe Decision (KSA), Security Matterz (KSA), Infratech (KSA), Cato Networks (Israel), Help AG (UAE), Cysiv (Egypt), CyberGate (UAE), Augmenta Cyber Security (South Africa), CipherWave (Gauteng), Defendza (UK), SecureTech (Israel), Tactical Intelligence Security Ltd. (Ghana), and ZINAD (UAE).
The research study is considered to guide the readers with an intensive valuation of the current industry trends and breakdown. The report spans the global Cybersecurity market research data of different companies, benefits, gross margin, calculated decisions of the worldwide market, and more through tables, charts, and infographics. Other significant aspects studied in this report include demand and supply dynamics, import & export scenarios, R&D development activities, industry developments, and cost structures. In addition, consumption demand and supply figures, cost of production, and selling price of products are also estimated in this report.
This report will help new entrants or stakeholders to acknowledge the complete market dynamics. Cybersecurity market report examines the competitive scenario along with the future market landscape with the help of various restrictions such as Porter's five forces and parent/peer market. Consider the portfolios of the key market players working in the market united with the complete detailed study of the products and services they offer. This report will help readers understand the impact of government rules during the Covid-19 pandemic and estimate the market throughout the global pandemic. The Global Cybersecurity Market also spotlights the main players working in the sector. Their product portfolio, business policies, company profiles, and revenue share are also thoroughly described in the report. In the end, the study defines the strategies such as partnership, development, collaboration, joint projects, and others executed by the leaders to enhance their status in the sector.
"Rising adoption of cloud-based cybersecurity solutions and emphasis on evolving cyber-attacks are promoting the growth of Middle East and Africa Cybersecurity market."
The Middle East and Africa Cybersecurity market is expected to grow from an estimated USD 22.2 billion in 2023 to 36.2 billion USD by 2028 at a Compound Annual Growth Rate (CAGR) of 10.2% from 2023 to 2028. 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.
โก๏ธ ๐๐ง๐ช๐ฎ๐ข๐ซ๐ ๐ ๐จ๐ซ ๐๐จ๐ซ๐ ๐๐ง๐๐จ๐ซ๐ฆ๐๐ญ๐ข๐จ๐ง @
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Research Coverage
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.
Reasons to buy this report
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.
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