UAE cyber security market is expected to
grow at an impressive rate during the forecast period. The UAE cyber security market
is driven by the increasing cyber threats across organizations. Additionally,
increasing need to protect important documents and data from various types of
sophisticated and complex threats such as malwares, ransomwares, among others
is further expected to propel the market.
Furthermore, technological advancements
such as integrated security solutions and next generation security solutions
along with increasing adoption of advanced technologies such as AI, IoT, among
others are expected to create lucrative opportunities for the market growth
over the next few years. However, high cost of cyber security solutions has led
to the decrease in adoption rates especially across the SMEs. This is expected
to negatively impact the market growth. Besides, lack of awareness pertaining
to internal threats within the organizations can further impede the market
growth.
The UAE cyber security market is
segmented based on security type, solution type, deployment mode, end user
industry, company, and region. Based on solution type, the market can be
categorized into identity & access management, risk & compliance
management, encryption & decryption, data loss prevention, unified threat
management, firewall, antivirus & malware, intrusion detection/prevention system,
infrastructure security and others. The identity & access management
solution type is expected to dominate the market on account of the growing
popularity of BYOD, IoT and connected devices. Additionally, growing demand for
identity and access management solutions across various end user industries
especially BFSI further drives the segmental growth.
The major players operating in the cyber
security market are IBM Middle East FZ LLC, UAE, Oracle Systems Limited, Microsoft
Gulf FZ LLC (Microsoft Gulf), AWS
Dubai, Juniper Networks, Cisco Middle East, UAE, Broadcom, UAE, Palo Alto
Networks, CyberArk, Fortinet, and others. Major companies are developing
advanced technologies and launching new services to stay competitive in the
market. Other competitive strategies include mergers & acquisitions and new
service developments.
Objective of the Study:
- To analyze and estimate the market size of UAE cyber security market
from 2017 to 2020.
- To estimate and forecast the market size of UAE cyber security market
from 2021 to 2027 and growth rate until 2027.
- To classify and forecast UAE 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 UAE cyber security market.
- To identify drivers and challenges for UAE cyber security market.
- To examine competitive developments such as expansions, new product
launches, mergers & acquisitions, etc., in UAE cyber security market.
- To identify and analyze the profile of leading players operating in
UAE cyber security market.
- To identify key sustainable strategies adopted by market players in
UAE 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 UAE 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.
|
Attribute
|
Details
|
|
Base
Year
|
2021
|
|
Historic
Data
|
2017 –
2020
|
|
Estimated
Year
|
2022
|
|
Forecast
Period
|
2023 – 2027
|
|
Quantitative
Units
|
Revenue in
USD Million, Volume in Units, and CAGR for 2017-2021 and 2022-2027
|
|
Report
coverage
|
Revenue
forecast, volume forecast, company share, competitive landscape, growth
factors, and trends
|
|
Segments
covered
|
·
Security
Type
·
Solution
Type
·
Deployment
Mode
·
End
User Industry
|
|
Country
scope
|
Dubai, Abu
Dhabi, Sharjah & Rest of UAE
|
|
Key
companies profiled
|
IBM Middle East FZ LLC, UAE, Oracle Systems Limited, Microsoft
Gulf FZ LLC (Microsoft Gulf), AWS
Dubai, Juniper Networks, Cisco Middle East, UAE, Broadcom, UAE, Palo Alto
Networks, CyberArk, Fortinet
|
|
Customization
scope
|
10% free
report customization with purchase. Addition or alteration to country, &
segment scope.
|
|
Pricing
and purchase options
|
Avail
customized purchase options to meet your exact research needs. Explore purchase options
|
|
Delivery
Format
|
PDF and Excel through Email (We can also
provide the editable version of the report in PPT/Word format on special
request)
|
Report Scope:
In this report, UAE cyber security market has
been segmented into following categories, in addition to the industry trends
which have also been detailed below:
- UAE Cyber Security Market, By Security Type:
- Network
Security
- Endpoint
Security
- Application
Security
- Cloud
Security
- Content
Security
- Others
- UAE 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
- UAE Cyber Security Market, By Deployment Mode:
- UAE Cyber Security Market, By End User Industry:
- BFSI
- IT &
Telecom
- Defense
- Energy
& Power
- Retail
- Healthcare
- Others
- UAE Cyber Security Market, By Region:
- Dubai
- Sharjah
- Abu
Dhabi
- Rest of
UAE
Competitive
Landscape
Company Profiles: Detailed analysis of the major
companies present in UAE 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).
UAE 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 [email protected]