As on date of publishing, this report will capture the impact assessment of COVID-19 on this market and the same will be considered in our market forecast model. Clients purchasing this report between April and June 2020 will be getting a ‘free’ updated market data excel sheet between July and September 2020 accounting for the impact of COVID-19 on the market in the current year 2020 and forecast.

 

Saudi Arabia cyber security market is expected to grow at an impressive rate during the forecast period. The Saudi Arabia cyber security market is driven by the growing number of cyber attacks and threats. This has led to an increase in the demand for different security solutions across various end user industries. This in turn is expected to positively influence the market growth through 2025. Additionally, growing adoption of cloud computing, IoT and BYOD across enterprises is further expected to propel the market growth over the next few years. However, use of pirated and opensource cyber security solutions can hamper the market growth during the forecast period. Besides, lack of skilled personnel to manage the cyber security within an organization can further restrict the market growth.

 

The Saudi Arabia cyber security market is segmented based on security type, solution type, deployment mode, end user industry, company, and region. Based on security type, the market can be categorized into network security, endpoint security, application security, cloud security, content security and others. The cloud security segment is expected to dominate the market during the forecast period on account of the widespread adoption of cloud technology across various end user industries such as BFSI, healthcare, manufacturing, among others. Additionally, increasing investments by the government and major vendors operating in the market further drives the segmental growth. Based on end user industry, the market can be fragmented into BFSI, IT & telecom, defense, energy & power, retail, healthcare and others. The BFSI segment is expected to dominate the market owing to the growing need for providing sealed security and digital privacy in the financial institutions.

  

The major players operating in the cyber security market are Cisco Systems Inc., Dell Technologies, IBM Corporation, Check Point Software Technologies Ltd., Hewlett Packard Enterprise Development LP, Intel Security (McAfee), Trend Micro, Inc., Palo Alto Networks Inc., Broadcom Inc. (Symantec Corporation), NEC Corporation and others. Major companies are developing advanced technologies and launching new services in order to stay competitive in the market. Other competitive strategies include mergers & acquisitions and new service developments.

Years considered for this report:

Historical Years: 2015-2018

Base Year: 2019

Estimated Year: 2020

Forecast Period: 2021–2025

Objective of the Study:

  • To analyze and estimate the market size of Saudi Arabia cyber security market from 2015 to 2018.
  • To estimate and forecast the market size of Saudi Arabia cyber security market from 2019 to 2025 and growth rate until 2025.
  • To classify and forecast Saudi Arabia cyber security market based on security type, solution type, deployment mode, end user industry, company, and regional distribution.
  • To identify dominant region or segment in the Saudi Arabia cyber security market.
  • To identify drivers and challenges for Saudi Arabia cyber security market.
  • To examine competitive developments such as expansions, new product launches, mergers & acquisitions, etc., in Saudi Arabia cyber security market.
  • To identify and analyze the profile of leading players operating in Saudi Arabia cyber security market.
  • To identify key sustainable strategies adopted by market players in Saudi Arabia cyber security market.


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TechSci Research performed both primary as well as exhaustive secondary research for this study. Initially, TechSci Research sourced a list of service providers across the globe. Subsequently, TechSci Research conducted primary research surveys with the identified companies. While interviewing, the respondents were also enquired about their competitors. Through this technique, TechSci Research could include the service providers which could not be identified due to the limitations of secondary research. TechSci Research analyzed the service providers, distribution channels and presence of all major players across the globe.

TechSci Research calculated the market size of Saudi Arabia cyber security market using a bottom-up approach, wherein data for various end-user segments was recorded and forecast for the future years. TechSci Research sourced these values from the industry experts and company representatives and externally validated through analyzing historical data of these product types and applications for getting an appropriate, overall market size. Various secondary sources such as company websites, news articles, press releases, company annual reports, investor presentations and financial reports were also studied by TechSci Research.


Key Target Audience:

  • Cyber security service provider companies
  • Market research and consulting firms
  • Government bodies such as regulating authorities and policy makers
  • Organizations, forums and alliances related to cyber security

The study is useful in providing answers to several critical questions that are important for the industry stakeholders such as service providers, suppliers and partners, end users, etc., besides allowing them in strategizing investments and capitalizing on market opportunities.

Report Scope:

In this report, Saudi Arabia cyber security market has been segmented into following categories, in addition to the industry trends which have also been detailed below:

  • Saudi Arabia Cyber Security Market, By Security Type:
    • Network Security
    • Endpoint Security
    • Application Security
    • Cloud Security
    • Content Security
    • Others
  • Saudi Arabia Cyber Security Market, By Solution Type:
    • Identity & Access Management
    • Risk & Compliance Management
    • Encryption & Decryption
    • Data Loss Prevention
    • Unified Threat Management
    • Firewall
    • Antivirus & Malware
    • Intrusion Detection/Prevention System
    • Infrastructure Security
    • Others
  • Saudi Arabia Cyber Security Market, By Deployment Mode:
    • On-Premise
    • Cloud
  • Saudi Arabia Cyber Security Market, By End User Industry:
    • BFSI
    • IT & Telecom
    • Defense
    • Energy & Power
    • Retail
    • Healthcare
    • Others
  • Saudi Arabia Cyber Security Market, By Region:
    • Western
    • Central
    • Eastern
    • Rest of Saudi Arabia

Competitive Landscape

Company Profiles: Detailed analysis of the major companies present in Saudi Arabia cyber security market.

Available Customizations:

With the given market data, TechSci Research offers customizations according to a company’s specific needs. The following customization options are available for the report:

Company Information

  • Detailed analysis and profiling of additional market players (up to five).

Saudi Arabia cyber security market is an upcoming report to be released soon. If you wish an early delivery of this report or want to confirm the date of release, please contact us at sales@techsciresearch.com  

In case you don’t find what you are looking for, please get in touch with our custom research team at sales@techsciresearch.com

1.     Product Overview

2.    Research Methodology

3.    Impact of COVID-19 on Saudi Arabia Cyber Security Market

4.    Executive Summary

5.    Voice of Customers

5.1.  Brand Awareness

5.2.  Factors Influencing Purchase Decision

5.3.  Challenges/Issues Faced Post Purchase

5.4.  Unmet needs

6.    Saudi Arabia Cyber Security Market Outlook

6.1.  Market Size & Forecast

6.1.1.     By Value

6.2.  Market Share & Forecast

6.2.1.     By Security Type (Network Security, Endpoint Security, Application Security, Cloud Security, Content Security, Others)

6.2.2.     By Solutions Type (Identity & Access Management, Risk & Compliance Management, Encryption & Decryption, Data Loss Prevention, Unified Threat Management, Firewall, Antivirus & Malware, Intrusion Detection/Prevention System, Infrastructure Security, Others)

6.2.3.     By Deployment Type (Cloud, On-premises)

6.2.4.     By End Use Industry (BFSI, IT & Telecom, Defense, Energy & Power, Retail, Healthcare and Others)

6.2.5.     By Region (Western Region, Central Region, Eastern Region, Rest of Saudi Arabia)

6.2.6.     By Company (2019)

6.3.  Product Market Map

7.    Saudi Arabia Network Security Market Outlook

7.1.  Market Size & Forecast

7.1.1.     By Value

7.2.  Market Share & Forecast

7.2.1.     By Solution Type

7.2.2.     By Deployment Type

7.2.3.     By End Use Industry

8.    Saudi Arabia Endpoint Security Market Outlook

8.1.  Market Size & Forecast

8.1.1.     By Value

8.2.  Market Share & Forecast

8.2.1.     By Solution Type

8.2.2.     By Deployment Type

8.2.3.     By End Use Industry

9.    Saudi Arabia Application Security Market Outlook

9.1.  Market Size & Forecast

9.1.1.     By Value

9.2.  Market Share & Forecast

9.2.1.     By Solution Type

9.2.2.     By Deployment Type

9.2.3.     By End Use Industry

10.  Saudi Arabia Cloud Security Market Outlook

10.1.              Market Size & Forecast

10.1.1.  By Value

10.2.              Market Share & Forecast

10.2.1.  By Solution Type

10.2.2.  By Deployment Type

10.2.3.  By End Use Industry

11.  Saudi Arabia Content Security Market Outlook

11.1.              Market Size & Forecast

11.1.1.  By Value

11.2.              Market Share & Forecast

11.2.1.  By Solution Type

11.2.2.  By Deployment Type

11.2.3.  By End Use Industry

12.  Market Dynamics

12.1.  Drivers

12.2.  Challenges

13.  Market Trends & Developments

14.  Policy & Regulatory Landscape

15.  Saudi Arabia Economic Profile

16.  Competitive Landscape

16.1.    Company Profiles

16.1.1.  Cisco Systems Inc.

16.1.2.  Dell Technologies

16.1.3.  IBM Corporation

16.1.4.  Check Point Software Technologies Ltd.

16.1.5.  Hewlett Packard Enterprise Development LP

16.1.6.  Intel Security (McAfee)

16.1.7.  Trend Micro, Inc.

16.1.8.  Palo Alto Networks Inc.

16.1.9.  Broadcom Inc. (Symantec Corporation)

16.1.10. NEC Corporation

17.  Strategic Recommendations

18.  About Us & Disclaimer

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