Abstract
Summary
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.
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.
By Region, Africa is expected to grow at a higher CAGR during the forecast period
The continent has seen a significant increase in internet connectivity in recent years, with more and more people using online platforms for communication, banking, and other transactions. However, this has also created new opportunities for cybercriminals to exploit vulnerabilities and steal sensitive information. As with other regions, African nations are also grappling with the challenge of building a strong cybersecurity infrastructure to protect against cyber threats. This involves investing in cybersecurity solutions, developing cybersecurity policies and regulations, and building a skilled workforce to manage and respond to cyberattacks. Additionally, African countries also face unique challenges when it comes to cybersecurity, such as limited resources and infrastructure, political instability, and weak law enforcement. All these factors can make it more difficult to address cyber threats effectively.
Breakdown of Primaries
In-depth interviews were conducted with Chief Executive Officers (CEOs), marketing directors, other innovation and technology directors, and executives from various key organizations operating in the threat modeling tools market.
• By company type: Tier 1: 25%, Tier 2: 40%, and Tier 3: 35%
• By designation: C-level: 30% , Directors: 35% and other: 35%
• By region: North America: 15%, Asia Pacific: 30%, and Europe: 25%, Latin America: 20%, Middle East and Africa: 10%
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 study includes an in-depth competitive analysis of the key players in the Middle East and Africa Cybersecurity market, with their company profiles, recent developments, and key market strategies.
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 overall threat 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.
The report provides insights on the following pointers:
• Analysis of key drivers (Increased cyber treats and attcaks; Growth of eCommerce and digital payment solutions; Stringent regulations and compliance requirements; digital transformation initiatives), restraints (Lack of awareness and understanding; Inadequate infrastructure and lack of skilled professionals; Rapidly eveolving threat landscape), opportunities (Cross sector collaboration, International cooperation), and challenges (Limited cybersecurity budgets, Insuffiecient regulatory frameworks) influencing the growth of the Middle East and Africa Cybersecurity market.
• Product Development/ Innovation: Detailed insights on the upcoming technologies, research & development activities, and new product and service launches in the Middle East and Africa Cybersecurity Market
• Market Development: Comprehensive information about lucrative markets – the report analyses the Middle East and Africa Cybersecurity market across varied regions
• Market Diversification: Exhaustive information about new products & services, untapped geographies, recent developments, and investments in the Middle East and Africa Cybersecurity Market
• Competitive Assessment: In-depth assessment of market shares, growth strategies and service offerings of leading players like 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), among others in the Middle East and Africa Cybersecurity Market strategies
Table of Contents
1 INTRODUCTION 55
1.1 STUDY OBJECTIVES 55
1.2 MARKET DEFINITION 55
1.2.1 INCLUSIONS AND EXCLUSIONS 56
1.3 MARKET SCOPE 58
1.3.1 MARKET SEGMENTATION 58
1.3.2 REGIONS COVERED 58
1.4 YEARS CONSIDERED 59
1.5 CURRENCY CONSIDERED 59
1.6 STAKEHOLDERS 60
1.7 SUMMARY OF CHANGES 60
2 RESEARCH METHODOLOGY 61
2.1 RESEARCH DATA 61
2.1.1 SECONDARY DATA 62
2.1.2 PRIMARY DATA 63
- 2.1.2.1 Breakup of primary profiles 63
- 2.1.2.2 Key industry insights 64
2.2 DATA TRIANGULATION 64
2.3 MARKET SIZE ESTIMATION 65
2.3.1 REVENUE ESTIMATES 66
2.3.2 DEMAND-SIDE ANALYSIS 68
2.4 COMPANY EVALUATION QUADRANT METHODOLOGY 69
2.5 STARTUP EVALUATION QUADRANT METHODOLOGY 70
2.6 MARKET FORECAST 71
2.7 RECESSION IMPACT AND RESEARCH ASSUMPTIONS 72
2.7.1 RECESSION IMPACT 72
2.7.2 RESEARCH ASSUMPTIONS 72
2.8 LIMITATIONS 73
3 EXECUTIVE SUMMARY 74
4 PREMIUM INSIGHTS 77
4.1 ATTRACTIVE OPPORTUNITIES IN MIDDLE EAST AND AFRICA CYBERSECURITY MARKET 77
4.2 MIDDLE EAST AND AFRICA CYBERSECURITY MARKET, BY COMPONENT, 2023 77
4.3 MIDDLE EAST AND AFRICA CYBERSECURITY MARKET, BY SOFTWARE, 2023-2028 78
4.4 MIDDLE EAST AND AFRICA CYBERSECURITY MARKET, BY SECURITY TYPE, 2023-2028 78
4.5 MIDDLE EAST AND AFRICA CYBERSECURITY MARKET, BY VERTICAL, 2023-2028 79
4.6 MIDDLE EAST AND AFRICA CYBERSECURITY MARKET, BY REGION, 2023-2028 80
4.7 MARKET INVESTMENT SCENARIO 80
5 MARKET OVERVIEW AND INDUSTRY TRENDS 81
5.1 INTRODUCTION 81
5.2 MARKET DYNAMICS 81
5.2.1 DRIVERS 82
- 5.2.1.1 Increased cyber threats and attacks 82
- 5.2.1.2 Growth of eCommerce and digital payment solutions 82
- 5.2.1.3 Stringent regulations and compliance requirements 82
- 5.2.1.4 Digital transformation initiatives 82
5.2.2 RESTRAINTS 83
- 5.2.2.1 Lack of awareness and understanding 83
- 5.2.2.2 Inadequate infrastructure and lack of skilled professionals 83
- 5.2.2.3 Rapidly evolving threat landscape 84
5.2.3 OPPORTUNITIES 84
- 5.2.3.1 Cross-sector collaboration 84
- 5.2.3.2 International cooperation 84
5.2.4 CHALLENGES 85
- 5.2.4.1 Limited cybersecurity budgets 85
- 5.2.4.2 Insufficient regulatory frameworks 85
5.3 ECOSYSTEM 86
5.4 TECHNOLOGY ANALYSIS 87
5.4.1 ARTIFICIAL INTELLIGENCE/MACHINE LEARNING 87
5.4.2 BIG DATA ANALYTICS 87
5.4.3 CLOUD COMPUTING 88
5.4.4 INTERNET OF THINGS 88
5.5 REGULATORY IMPLICATIONS 89
5.5.1 PAYMENT CARD INDUSTRY DATA SECURITY STANDARD 89
5.5.2 HEALTH INSURANCE PORTABILITY AND ACCOUNTABILITY ACT 89
5.5.3 FEDERAL INFORMATION SECURITY MANAGEMENT ACT 89
5.5.4 GRAMM-LEACH-BLILEY ACT 90
5.5.5 SARBANES-OXLEY ACT 90
5.5.6 INTERNATIONAL ORGANIZATION FOR STANDARDIZATION (ISO) STANDARD 27001 90
5.5.7 EUROPEAN UNION GENERAL DATA PROTECTION REGULATION 90
5.5.8 SERVICE ORGANIZATION CONTROL 2 (SOC2) 91
5.5.9 REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS 91
5.6 PATENT ANALYSIS 92
5.7 VALUE CHAIN ANALYSIS 93
5.8 PORTER’S FIVE FORCES MODEL ANALYSIS 94
5.8.1 THREAT FROM NEW ENTRANTS 95
5.8.2 THREAT FROM SUBSTITUTES 96
5.8.3 BARGAINING POWER OF SUPPLIERS 96
5.8.4 BARGAINING POWER OF BUYERS 96
5.8.5 INTENSITY OF COMPETITIVE RIVALRY 96
5.9 USE CASES 97
5.9.1 USE CASE 1: SYMANTEC HELPED SAUDI ARAMCO BY PROVIDING COMPREHENSIVE VISIBILITY AND CONTROL OVER IT INFRASTRUCTURE 97
5.9.2 USE CASE 2: PALO ALTO NETWORKS HELPED SABB BY PROVIDING REAL-TIME THREAT DETECTION AND RESPONSE CAPABILITIES 98
5.9.3 USE CASE 3: FORTINET’S UNIFIED THREAT MANAGEMENT HELPED NBK PREVENT PHISHING ATTACKS ON ITS BANKING INFRASTRUCTURE 99
5.9.4 USE CASE 4: MCAFEE ENABLED QATAR AIRWAYS TO ESTABLISH COMPLETE CONTROL OVER ENDPOINT DEVICES 100
5.10 PRICING ANALYSIS 100
5.10.1 CYBERSECURITY SOLUTIONS AND SERVICES PRICED ACCORDING TO FOLLOWING METHODS: 101
5.11 TRENDS AND DISRUPTIONS IMPACTING CUSTOMERS 101
5.12 KEY STAKEHOLDERS AND BUYING CRITERIA 102
5.12.1 KEY STAKEHOLDERS IN BUYING PROCESS 102
5.13 KEY CONFERENCES & EVENTS, 2023-2024 103
6 MIDDLE EAST AND AFRICA CYBERSECURITY MARKET, BY COMPONENT 104
6.1 INTRODUCTION 105
6.2 HARDWARE 106
6.2.1 DEVELOPMENTS IN HARDWARE DEVICES TO DRIVE MARKET GROWTH 106
6.2.2 HARDWARE: MIDDLE EAST AND AFRICA CYBERSECURITY MARKET DRIVERS 107
6.3 SOFTWARE 107
6.3.1 SMART TECHNOLOGIES FOR MITIGATING ADVANCED CYBERATTACKS TO PROPEL MARKET 107
6.3.2 SOFTWARE: MIDDLE EAST AND AFRICA CYBERSECURITY MARKET DRIVERS 108
6.4 SERVICES 109
6.4.1 HUGE PRESENCE OF CYBERSECURITY SERVICE PROVIDERS TO BOOST MARKET 109
6.4.2 SERVICES: MIDDLE EAST AND AFRICA CYBERSECURITY MARKET DRIVERS 109
7 MIDDLE EAST AND AFRICA CYBERSECURITY MARKET, BY SOFTWARE 111
7.1 INTRODUCTION 112
7.2 IAM 114
7.2.1 REDUCTION IN RISK OF UNAUTHORIZED ACCESS TO SECURE CRITICAL SYSTEMS TO BOOST MARKET 114
7.2.2 IAM: MIDDLE EAST AND AFRICA CYBERSECURITY MARKET DRIVERS 114
7.3 ANTIVIRUS/ANTIMALWARE 115
7.3.1 INNOVATIVE SOLUTIONS TO OFFER SECURED TEST ENVIRONMENT TO PROPEL MARKET 115
7.3.2 ANTIVIRUS/ANTIMALWARE: MIDDLE EAST AND AFRICA CYBERSECURITY MARKET DRIVERS 115
7.4 LOG MANAGEMENT AND SIEM 116
7.4.1 360-DEGREE APPROACH TO FIGHT AGAINST CYBER THREATS TO BOOST MARKET 116
7.4.2 LOG MANAGEMENT AND SIEM: MIDDLE EAST AND AFRICA CYBERSECURITY MARKET DRIVERS 117
7.5 FIREWALL 118
7.5.1 EXTENSIVE ADOPTION OF FIREWALL ACROSS INDUSTRIES TO BOOST MARKET 118
7.5.2 FIREWALL: MIDDLE EAST AND AFRICA CYBERSECURITY MARKET DRIVERS 118
7.6 ENCRYPTION AND TOKENIZATION 119
7.6.1 TO SAFEGUARD SENSITIVE DATA OUTSIDE INTERNAL SYSTEMS TO PROPEL MARKET 119
7.6.2 ENCRYPTION AND TOKENIZATION: MIDDLE EAST AND AFRICA CYBERSECURITY MARKET DRIVERS 120
7.7 COMPLIANCE AND POLICY MANAGEMENT 121
7.7.1 STRICT LAWS AND REGULATIONS FOR HELPING COMPANIES IDENTIFY CRITICAL IT ASSETS TO DRIVE MARKET 121
7.7.2 COMPLIANCE AND POLICY MANAGEMENT: MIDDLE EAST AND AFRICA CYBERSECURITY MARKET DRIVERS 121
7.8 PATCH MANAGEMENT 122
7.8.1 SHORT-TERM SOLUTIONS FOR DETECTION AND PREVENTION TO BOOST MARKET 122
7.8.2 PATCH MANAGEMENT: MIDDLE EAST AND AFRICA CYBERSECURITY MARKET DRIVERS 122
7.9 OTHER SOFTWARE 123
8 MIDDLE EAST AND AFRICA CYBERSECURITY MARKET, BY SERVICE 124
8.1 INTRODUCTION 125
8.2 PROFESSIONAL SERVICES 126
8.2.1 EXTENSIVE PRESENCE OF SERVICE PROVIDERS FOR FACILITATING SECURITY CONCERNS TO BOOST MARKET 126
8.2.2 PROFESSIONAL SERVICES: MIDDLE EAST AND AFRICA CYBERSECURITY MARKET DRIVERS 126
8.2.3 DESIGN, CONSULTING, AND IMPLEMENTATION 128
8.2.4 RISK AND THREAT MANAGEMENT 129
8.2.5 TRAINING AND EDUCATION 130
8.2.6 SUPPORT AND MAINTENANCE 130
8.3 MANAGED SERVICES 131
8.3.1 HIGHER ADOPTION OF SERVICES DUE TO HIGH COST AND RESOURCE CONSTRAINTS TO DRIVE MARKET 131
8.3.2 MANAGED SERVICES: MIDDLE EAST AND AFRICA CYBERSECURITY MARKET DRIVERS 131
9 MIDDLE EAST AND AFRICA CYBERSECURITY MARKET, BY SECURITY TYPE 133
9.1 INTRODUCTION 134
9.2 NETWORK SECURITY 135
9.2.1 INCREASING BYOD TREND TO GENERATE GREATER DEMAND FOR CYBERSECURITY SOLUTIONS 135
9.2.2 NETWORK SECURITY: MIDDLE EAST AND AFRICA CYBERSECURITY MARKET DRIVERS 135
9.3 CLOUD SECURITY 136
9.3.1 INCREASED ADOPTION OF CLOUD SOLUTIONS ACROSS ENTERPRISES TO DRIVE DEMAND FOR CYBERSECURITY SOLUTIONS 136
9.3.2 CLOUD SECURITY: MIDDLE EAST AND AFRICA CYBERSECURITY MARKET DRIVERS 137
9.4 APPLICATION SECURITY 137
9.4.1 RISING DEMAND FOR CYBERSECURITY SOLUTIONS TO REDUCE ATTACKS ON BUSINESS-SENSITIVE APPLICATIONS 137
9.4.2 APPLICATION SECURITY: MIDDLE EAST AND AFRICA CYBERSECURITY MARKET DRIVERS 138
9.5 ENDPOINT AND IOT SECURITY 139
9.5.1 INCREASING NUMBER OF MOBILE DEVICES EXPOSING NETWORKS VULNERABLE TO CYBERATTACKS TO DRIVE MARKET 139
9.5.2 ENDPOINT AND IOT SECURITY: MIDDLE EAST AND AFRICA CYBERSECURITY MARKET DRIVERS 139
10 MIDDLE EAST AND AFRICA CYBERSECURITY MARKET, BY DEPLOYMENT MODE 141
10.1 INTRODUCTION 142
10.2 CLOUD 143
10.2.1 GROWING ADOPTION OF CLOUD DEPLOYMENT MODE DUE TO EASY MAINTENANCE AND UPGRADE 143
10.2.2 CLOUD: MIDDLE EAST AND AFRICA CYBERSECURITY MARKET DRIVERS 143
10.3 ON-PREMISES 144
10.3.1 ON-PREMISES DEPLOYMENT TO MAKE ADOPTION OF CYBERSECURITY SOLUTIONS FLEXIBLE 144
10.3.2 ON-PREMISES: MIDDLE EAST AND AFRICA CYBERSECURITY MARKET DRIVERS 145
11 MIDDLE EAST AND AFRICA CYBERSECURITY MARKET, BY ORGANIZATION SIZE 146
11.1 INTRODUCTION 147
11.2 SMALL AND MEDIUM-SIZED ENTERPRISES 148
11.2.1 DIGITAL TRANSFORMATION AND LEVERAGED CLOUD COMPUTING TO HELP SMALL AND MEDIUM-SIZED ENTERPRISES GROW 148
11.2.2 SMALL AND MEDIUM-SIZED ENTERPRISES: MIDDLE EAST AND AFRICA CYBERSECURITY MARKET DRIVERS 148
11.3 LARGE ENTERPRISES 149
11.3.1 LARGE ORGANIZATIONS TO FACILITATE PRIVILEGED ACCESS TO SERVERS AND WEB APPLICATIONS 149
11.3.2 LARGE ENTERPRISES: MIDDLE EAST AND AFRICA CYBERSECURITY MARKET DRIVERS 150
12 MIDDLE EAST AND AFRICA CYBERSECURITY MARKET, BY VERTICAL 151
12.1 INTRODUCTION 152
12.2 AEROSPACE AND DEFENSE 154
12.2.1 INCREASING DIGITALIZATION TO LEAD TO GREATER ATTACKS ON CONFIDENTIAL AND SENSITIVE DATA 154
12.2.2 AEROSPACE AND DEFENSE: MIDDLE EAST AND AFRICA CYBERSECURITY MARKET DRIVERS 154
12.3 BANKING, FINANCIAL SERVICES, AND INSURANCE 155
12.3.1 RISING DEMAND FOR NEW AND IMPROVED FINANCIAL PRODUCTS TO PRIORITIZE ADOPTION OF CYBERSECURITY SOLUTIONS 155
12.3.2 BANKING, FINANCIAL SERVICES, AND INSURANCE: MIDDLE EAST AND AFRICA CYBERSECURITY MARKET DRIVERS 155
12.4 IT AND ITES 156
12.4.1 PRESENCE OF LARGE AMOUNTS OF DATA MAKING ORGANIZATIONS PRONE TO CYBERATTACKS TO BOOST MARKET 156
12.4.2 IT AND ITES: MIDDLE EAST AND AFRICA CYBERSECURITY MARKET DRIVERS 157
12.5 HEALTHCARE 158
12.5.1 SECURITY BREACHES AND UNAUTHORIZED ACCESS TO PERSONAL PATIENT INFORMATION TO CREATE DEMAND FOR SOLUTIONS 158
12.5.2 HEALTHCARE: MIDDLE EAST AND AFRICA CYBERSECURITY MARKET DRIVERS 158
12.6 RETAIL AND ECOMMERCE 159
12.6.1 NEED TO PROTECT STORES, WAREHOUSES, AND FULFILMENT CENTERS FROM THREATS TO DRIVE MARKET 159
12.6.2 RETAIL AND ECOMMERCE: MIDDLE EAST AND AFRICA CYBERSECURITY MARKET DRIVERS 160
12.7 MANUFACTURING 161
12.7.1 CYBERSECURITY SOLUTIONS AND SERVICES TO SMOOTHEN BUSINESS FUNCTIONS IN MANUFACTURING ORGANIZATIONS 161
12.7.2 MANUFACTURING: MIDDLE EAST AND AFRICA CYBERSECURITY MARKET DRIVERS 161
12.8 ENERGY AND UTILITIES 162
12.8.1 RAPID ADOPTION OF INNOVATIVE TECHNOLOGIES TO ENABLE MORE FLEXIBILITY AND SECURITY 162
12.8.2 ENERGY AND UTILITIES: MIDDLE EAST AND AFRICA CYBERSECURITY MARKET DRIVERS 162
12.9 TELECOMMUNICATION 163
12.9.1 CYBERSECURITY SOLUTIONS AND SERVICES TO HELP ORGANIZATIONS MANAGE RISKS AND COMPLIANCES EFFICIENTLY 163
12.9.2 TELECOMMUNICATION: MIDDLE EAST AND AFRICA CYBERSECURITY MARKET DRIVERS 163
12.10 TRANSPORTATION AND LOGISTICS 164
12.10.1 TECHNOLOGIES TO PROVIDE INNOVATIVE SERVICES RELATED TO DIFFERENT MODES OF TRANSPORT AND TRAFFIC MANAGEMENT 164
12.10.2 TRANSPORTATION AND LOGISTICS: MIDDLE EAST AND AFRICA CYBERSECURITY MARKET DRIVERS 165
12.11 MEDIA AND ENTERTAINMENT 165
12.11.1 NEW DIGITAL TECHNOLOGIES TO DRIVE DEMAND FOR CYBERSECURITY SOLUTIONS 165
12.11.2 MEDIA AND ENTERTAINMENT: MIDDLE EAST AND AFRICA CYBERSECURITY MARKET DRIVERS 166
12.12 OTHER VERTICALS 167
13 MIDDLE EAST AND AFRICA CYBERSECURITY MARKET, BY REGION 168
13.1 INTRODUCTION 169
13.2 MIDDLE EAST 170
13.2.1 MIDDLE EAST: MIDDLE EAST AND AFRICA CYBERSECURITY MARKET DRIVERS 171
13.2.2 MIDDLE EAST: RECESSION IMPACT 171
13.2.3 BAHRAIN 179
- 13.2.3.1 Rising demand for cybersecurity to strengthen critical infrastructure and build resilient digital ecosystem 179
13.2.4 EGYPT 186
- 13.2.4.1 Presence of major vendors to drive demand for cybersecurity solutions 186
13.2.5 ISRAEL 192
- 13.2.5.1 Advancement in cybersecurity industry through strategies and partnerships to propel market 192
13.2.6 KUWAIT 198
- 13.2.6.1 Rising cyber threats in government sector to propel market 198
13.2.7 OMAN 204
- 13.2.7.1 Rising instances of sabotaging critical infrastructure in oil and gas industry to boost market 204
13.2.8 QATAR 210
- 13.2.8.1 Government initiatives and adoption of cybersecurity solutions in critical sectors to drive market 210
13.2.9 KSA 216
- 13.2.9.1 Growing investment in cybersecurity solutions for securing oil infrastructure to boost market 216
13.2.10 TURKEY 222
- 13.2.10.1 Rising efforts for enhancing cyber defense techniques to propel market 222
13.2.11 UAE 228
- 13.2.11.1 Increasing demand for cybersecurity measures and response to cyber threats to drive market 228
13.2.12 REST OF MIDDLE EAST 234
13.3 AFRICA 240
13.3.1 AFRICA: MIDDLE EAST AND AFRICA CYBERSECURITY MARKET DRIVERS 240
13.3.2 AFRICA: RECESSION IMPACT 241
13.3.3 NORTHERN AFRICA 248
13.3.4 WESTERN AFRICA 255
13.3.5 CENTRAL AFRICA 261
13.3.6 EASTERN AFRICA 268
13.3.7 SOUTHERN AFRICA 274
14 COMPETITIVE LANDSCAPE 281
14.1 OVERVIEW 281
14.2 REVENUE ANALYSIS OF LEADING PLAYERS 281
14.3 MARKET SHARE ANALYSIS OF TOP PLAYERS 282
14.4 HISTORICAL REVENUE ANALYSIS 282
14.5 RANKING OF KEY PLAYERS IN MIDDLE EAST AND AFRICA CYBERSECURITY MARKET 283
14.6 KEY COMPANY EVALUATION QUADRANT 284
14.6.1 STARS 285
14.6.2 EMERGING LEADERS 285
14.6.3 PERVASIVE PLAYERS 285
14.6.4 PARTICIPANTS 285
14.7 COMPETITIVE BENCHMARKING 286
14.7.1 KEY COMPANY EVALUATION QUADRANT 286
14.7.2 EVALUATION CRITERIA OF SMES/STARTUPS 286
14.8 SME/STARTUP EVALUATION QUADRANT 288
14.8.1 PROGRESSIVE COMPANIES 289
14.8.2 RESPONSIVE COMPANIES 289
14.8.3 DYNAMIC COMPANIES 289
14.8.4 STARTING BLOCKS 289
14.9 COMPETITIVE SCENARIO AND TRENDS 290
14.9.1 PRODUCT LAUNCHES AND ENHANCEMENTS 290
14.9.2 DEALS 297
15 COMPANY PROFILES 304
15.1 KEY PLAYERS 304
15.1.1 IBM 304
15.1.2 CISCO 312
15.1.3 PALO ALTO NETWORKS 317
15.1.4 CHECK POINT 322
15.1.5 TREND MICRO 328
15.1.6 FORTINET 334
15.1.7 NORTONLIFELOCK 340
15.1.8 SOPHOS 343
15.1.9 KASPERSKY 346
15.1.10 TRELLIX 349
15.1.11 ESET 351
15.2 OTHER PLAYERS 354
15.2.1 DTS SOLUTION 354
15.2.2 RAS INFOTECH 355
15.2.3 SPIDERSILK 355
15.2.4 CYBERSEC CONSULTING 356
15.2.5 AHAD 356
15.2.6 CODEGREEN 357
15.2.7 LOGRHYTHM 358
15.2.8 MALWAREBYTES 359
15.2.9 SAFE DECISION 360
15.2.10 SECURITY MATTERZ 361
15.2.11 INFRATECH 362
15.2.12 CATO NETWORKS 362
15.2.13 HELP AG 363
15.2.14 CYSIV 363
15.2.15 CYBERGATE 364
15.2.16 AUGMENTA CYBER SECURITY 364
15.2.17 CIPHERWAVE 365
15.2.18 DEFENDZA 365
15.2.19 SECURETECH 366
15.2.20 TACTICAL INTELLIGENCE SECURITY LTD 366
15.2.21 ZINAD 367
15.3 OTHER REGIONAL AND GLOBAL PLAYERS 368
16 APPENDIX 373
16.1 ADJACENT MARKETS 373
16.2 LIMITATIONS 373
16.2.1 CYBER SECURITY MARKET 373
16.2.2 THREAT INTELLIGENCE MARKET 376
16.3 DISCUSSION GUIDE 378
16.4 KNOWLEDGESTORE: MARKETSANDMARKETS’ SUBSCRIPTION PORTAL 382
16.5 CUSTOMIZATION OPTIONS 384
16.6 RELATED REPORTS 384
16.7 AUTHOR DETAILS 385