Artificial Intelligence
MEA Cyber Security Industry Forecast to 2026 with Profiles of Cisco Systems, Check Point Software Technologies, Palo Alto Networks, STC, and 7 Others
Dublin, Sept. 01, 2020 (GLOBE NEWSWIRE) — The “Middle East and Africa Cyber Security Market (2020-2026): Market Forecast by Components, by Offerings, by Deployments, by Verticals, and Competitive Landscape” report has been added to ResearchAndMarkets.com’s offering.
The Middle East and Africa’s cyber security market size is expected to gain momentum during the forecast period on account increasing cyber-crimes in the countries such as Saudi Arabia, UAE, Kenya, Bahrain, South Africa, and Egypt.
Additionally, the government of above-mentioned countries have well developed and stringent data protection laws and regulations for information security in the form of National Cyber security Strategy, which would be another factor for augmenting the demand for cyber security products and services in forthcoming years. However, sluggish growth is expected in the year 2020 due to suspended economic activities on account of the outbreak of COVID-19 pandemic in the region in different domains, particularly manufacturing and retail.
According to this research, the Middle East and Africa (MEA) cyber security market is projected to register a CAGR of 10.4% during 2020-2026.
During the forecast period, Saudi Arabia is anticipated to generate the highest revenues in the overall cyber security market of the Middle East and Africa region owing to the growing adoption of cloud computing, artificial intelligence & IoT across various industries and digital transformation of the economy. This would result in a larger utilization of cyber space, which in turn, would generate new areas of application for cyber security products and services.
Based on deployment, in 2019, on premise-based deployment acquired highest revenue share in overall the Middle East and Africa region owing to benefits available with an aforementioned type such as high level of confidentiality and security which is pre-requisite for data-sensitive industries. Moreover, on-premises deployment offers a high degree of customization as compared to cloud-based deployment. However, lower upfront and ongoing cost of cloud-based deployment of cyber security solutions is making it a popular choice among SMEs. Thus, significant growth is anticipated in cloud-based deployment.
Report Scope
This report comprehensively covers the market by types, product types, service types, verticals, deployment, and by countries. The report provides an unbiased and detailed analysis of the market trends, market forecast opportunities/high growth areas and market growth drivers. The report would help the stakeholders to device and align their market strategies according to the current and future market dynamics.
Key Topics Covered
1. Executive Summary
2. Introduction
2.1 Report Description
2.2 Key Highlights
2.3 Market Scope & Segmentation
2.4 Research Methodology
2.5 Assumptions
3. Middle East & Africa Cyber Security Market Overview
3.1 Middle East & Africa Cyber Security Market Revenues, 2016-2026F
3.2 Middle East & Africa Cyber Security Market- Industry Life Cycle
3.3 Middle East & Africa Cyber Security – Porter’s Five Forces
3.4 Middle East & Africa Cyber Security Market Revenue Share, By Countries, 2019 & 2026F
4. Middle East & Africa Cyber Security Market Dynamics
4.1 Impact Analysis
4.2 Market Drivers
4.3 Market Restraints
5. Middle East & Africa Cyber Security Market Trends & Evolution
6. Saudi Arabia Cyber Security Market Overview
6.1 Saudi Arabia Cyber Security Market Revenues, 2016-2026F
6.2. Saudi Arabia Cyber Security Market Revenue Share, By Types, 2019 & 2026F
6.2.1. Saudi Arabia Cyber Security Market Revenues, By Consumer Software, 2016-2026F
6.2.2. Saudi Arabia Cyber Security Market Revenues, By Products 2016-2026F
6.2.2.1. Saudi Arabia Cyber Security Market Revenue Share, By Products Types, 2019 & 2026F
6.2.2.2. Saudi Arabia Cyber Security Market Revenues, By Products Types, 2016-2026F
6.2.3 Saudi Arabia Cyber Security Market Revenues, By Services, 2016-2026F
6.2.3.1. Saudi Arabia Cyber Security Market Revenue Share, By Service Types, 2019 & 2026F
6.2.3.2. Saudi Arabia Cyber Security Market Revenues, By Service Types, 2016-2026F
6.3. Saudi Arabia Cyber Security Market Overview, By Deployment
6.3.1. Saudi Arabia Cyber Security Market Revenues, By Cloud, 2016-2026F
6.3.2. Saudi Arabia Cyber Security Market Revenues, By On Premises, 2016-2026F
6.4. Saudi Arabia Cyber Security Market Overview, By Verticals
6.4.1. Saudi Arabia Cyber Security Market Revenues, By Government & Defence, 2016-2026F
6.4.2. Saudi Arabia Cyber Security Market Revenues, By BFSI, 2016-2026F
6.4.3. Saudi Arabia Cyber Security Market Revenues, By Retail, 2016-2026F
6.4.4. Saudi Arabia Cyber Security Market Revenues, By Healthcare & Hospitality, 2016-2026F
6.4.5. Saudi Arabia Cyber Security Market Revenues, By IT & Telecom, 2016-2026F
6.4.6. Saudi Arabia Cyber Security Market Revenues, By Energy & Utilities, 2016-2026F
6.4.7. Saudi Arabia Cyber Security Market Revenues, By Manufacturing, 2016-2026F
6.4.8. Saudi Arabia Cyber Security Market Revenues, By Others, 2016-2026F
7. UAE Cyber Security Market Overview
8. Qatar Cyber Security Market Overview
9. Kuwait Cyber Security Market Overview
10. Oman Cyber Security Market Overview
11. Bahrain Cyber Security Market Overview
12. South Africa Cyber Security Market Overview
13. Egypt Cyber Security Market Overview
14. Nigeria Cyber Security Market Overview
15. Kenya Cyber Security Market Overview
16. Rest of Middle East & Africa Cyber Security Market Overview
17. Key Performance Indicators
17.1. Saudi Arabia Key Performance Indicators
17.2. UAE Key Performance Indicators
17.3. Qatar Key Performance Indicators
17.4. Kuwait Key Performance Indicators
17.5. Oman Key Performance Indicators
17.6. Bahrain Key Performance Indicators
17.7. South Africa Key Performance Indicators
17.8. Egypt Key Performance Indicators
17.9. Nigeria Key Performance Indicators
17.10. Kenya Key Performance Indicators
17.11. Impact of COVID-19 on Key sectors
18. Middle East & Africa Cyber Security Market Opportunity Assessment
18.1 Middle East and Africa Cyber Security Market Opportunity Assessment, By Product Types
18.2 Middle East and Africa Cyber Security Market Opportunity Assessment, By Deployment
18.3 Middle East and Africa Cyber Security Market Opportunity Assessment, By Service Type
18.4 Middle East and Africa Cyber Security Market Opportunity Assessment, By Verticals
18.5 Middle East and Africa Cyber Security Market Opportunity Assessment, By Countries
19. Middle East & Africa Cyber Security Market Competitive Landscape
19.1 Middle East & Africa Cyber Security Market Revenue Ranking, By Company, 2019
19.2 Africa Cyber Security Market Revenue Ranking, By Company, 2019
19.3 Middle East and Africa Cyber Security Market Competitive Benchmarking, By Operating Parameters
20. Company Profiles
20.1. Cisco Systems Inc.
20.2. Check Point Software Technologies Ltd.
20.3. Palo Alto Networks Inc.
20.4. STC
20.5. Dell Technologies
20.6. Kaspersky Lab
20.7. IBM Corporation
20.8. NEC Corporation
20.9. NortonLifeLock inc.
20.10. FireEye Inc.
20.11. TrendMicro Inc.
21. Key Strategic Recommendations
For more information about this report visit https://www.researchandmarkets.com/r/vhcpyi
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Artificial Intelligence
Military Cybersecurity Market to Reach $68.5 Billion, Globally, by 2033 at 15.4% CAGR: Allied Market Research
PORTLAND, Ore., May 20, 2024 /PRNewswire/ — Allied Market Research published a report, titled, “Military Cybersecurity Market by Type (Endpoint Security Solutions, Network Security Solutions, Content Security Solutions), Deployment (On-Premises, Cloud), and Solution (Threat Intelligence and Response Management, Identity and Access Management, Data Loss Prevention Management, Security and Vulnerability Management, Unified Threat Management, Enterprise Risk and Compliance, Managed Security, Others): Global Opportunity Analysis and Industry Forecast, 2024-2033”. According to the report, the military cybersecurity market was valued at $15.7 billion in 2023, and is estimated to reach $68.5 billion by 2033, growing at a CAGR of 15.4% from 2024 to 2033.
The global military cybersecurity market is driven by factors such as growing demand for end-point security solutions and surge in cyber-attacks which are increasing need for military cybersecurity.
Prime Determinants of Growth
The global military cybersecurity market is driven by factors such as an increase in demand for defense IT expenditure. Adoption of IoT in cyber security technology provides lucrative growth opportunities. On the other hand, limited awareness related to cybersecurity is projected to hinder market growth.
Request Sample of the Report on Military Cybersecurity Market Forecast 2033
https://www.alliedmarketresearch.com/request-sample/A323349
(We are providing Military Cybersecurity Industry report as per your research requirement, including the Latest Industry Insight’s Evolution, Potential and Russia-Ukraine War Impact Analysis)
123 – Tables63 – Charts378 – PagesReport coverage & details:
Report Coverage
Details
Forecast Period
2023–2033
Base Year
2023
Market Size in 2023
$15.7 Billion
Market Size in 2033
$68.5 Billion
CAGR
15.4 %
No. of Pages in Report
324
Segments covered
Type, Deployment, Solution and Region.
Drivers
Increase in demand for defense IT expenditure to drive the market growth.
Opportunities
Adoption of IoT in Cyber Security Technology
Restraints
Limited awareness related to cybersecurity is restricting the market growth
Procure Complete Report (323 Pages PDF with Insights, Charts, Tables, and Figures)https://www.alliedmarketresearch.com/checkout-final/military-cybersecurity-market-A323349
The endpoint security solutions segment to maintain its leadership status throughout the forecast period
Based on type, the endpoint security solutions segment held the highest market share in 2023, accounting for more than two-fifths of the global military cybersecurity market revenue and is estimated to maintain its leadership status throughout the forecast period.
Endpoint security solutions are undergoing continuous evolution to combat the ever-changing landscape of cybersecurity threats. One prominent trend is the widespread adoption of Endpoint Detection and Response (EDR) solutions. EDR offers real-time monitoring of endpoint activities, allowing for swift detection and response to advanced threats.
The on-premises segment to maintain its leadership status throughout the forecast period
Based on deployment, the on-premises segment held the highest market share in 2023, accounting for more than half of the global military cybersecurity market and is estimated to maintain its leadership status throughout the forecast period. However, the cloud segment is projected to manifest the highest CAGR of 15.88% from 2023 to 2033. Moreover, cloud computing offers advanced security features and capabilities that strengthen military cybersecurity defense. Leading cloud service providers invest heavily in robust security measures, such as encryption, identity and access management, and threat detection, to protect data and applications hosted in the cloud.
The identity and access management segment to maintain its leadership status throughout the forecast period
Based on solution, the identity and access management segment held the highest market share in 2023, accounting for nearly one-fifth of the global military cybersecurity market and is estimated to maintain its leadership status throughout the forecast period. Moreover,
Identity and access management (IAM) plays a crucial role in military cybersecurity by ensuring that only authorized personnel can access sensitive information and critical systems. IAM encompasses processes, policies, and technologies designed to manage digital identities, control access to resources, and protect against unauthorized access and insider threats.
North America to maintain its dominance by 2033
Based on region, North America held the highest market share in terms of revenue in 2023, accounting for more than half of the global military cybersecurity market revenue and is likely to dominate the market during the forecast period. The advancements in sensor technology, artificial intelligence, and communication systems have contributed to the evolution of military cybersecurity, enabling greater autonomy, flexibility, and effectiveness in engaging both stationary and moving targets with reduced collateral damage.
To Talk With Our Industry Expert @ https://www.alliedmarketresearch.com/connect-to-analyst/A323349
Leading Market Players:
AT&TBAE SystemsBoeingCisco Systems, Inc.DXC Technology CompanyEclecticIQ B.V.IBM CorporationIntel CorporationLockheed Martin CorporationNorthrop Grumman CorporationPrivacera, Inc.SentineIOneSecureworks, Inc.Thales GroupThe report provides a detailed analysis of these key players in the global military cybersecurity market. These players have adopted different strategies such as new product launches, collaborations, expansion, joint ventures, agreements, and others to increase their market share and maintain dominant shares in different regions. The report is valuable in highlighting business performance, operating segments, product portfolio, and strategic moves of market players to showcase the competitive scenario.
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About Us
Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of “Market Research Reports” and “Business Intelligence Solutions.” AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.
We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Allied Market Research CEO Pawan Kumar is instrumental in inspiring and encouraging everyone associated with the company to maintain high quality of data and help clients in every way possible to achieve success. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.
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Artificial Intelligence
Dahua Network Camera Series Obtains CC EAL 3+ Certificate
HANGZHOU, China, May 20, 2024 /PRNewswire/ — Dahua Technology, a world-leading video-centric AIoT solution and service provider, is proud to announce that its network cameras have successfully obtained Common Criteria (CC) EAL 3+ certificate. This achievement demonstrates Dahua’s dedication to delivering secure and reliable solutions that comply with the industry’s highest information security standards and best practices.
The Evaluation Assurance Level (EAL) 3+ certificate, issued by the Common Criteria for Information Technology Security Evaluation (CC), represents a widely used industry standard for evaluating the security features of IT products and systems. It has been recognized by 31 member countries of the Common Criteria Recognition Arrangement (CCRA) organization, which consists of the United States, Germany, the United Kingdom, the Netherlands, Japan, etc.
As the most authoritative and influential information security standard worldwide, obtaining the CC EAL 3+ certificate verifies Dahua’s robust measures against potential security threats throughout the entire R&D, production, and delivery processes. This also signifies that Dahua’s information security management capabilities meet internationally recognized industry standards.
The certification process involves comprehensive testing and evaluation of Dahua’s development environment, production environment, supply chain, vulnerability assessment, personnel security, as well as many other aspects. The security evaluation is completed by SGS Brightsight, a globally renowned security assessment laboratory in the Netherlands and approved by the Netherlands Scheme for Certification in the Area of IT Security (NSCIB).
“At Dahua, we prioritize the security needs and trust of our customers above all else. With the addition of CC EAL 3+ certificate, customers can be confident that they are investing in a secure and reliable solution that delivers unparalleled peace of mind, safeguarding their assets and ensuring uninterrupted operations,” stated Max Xiang, IPC Product Director at Dahua Technology.
Dahua always follows best industry practices and maintains the highest standards of security across all aspects of the company’s operations. In addition to product security and privacy protection, Dahua implements strict quality control measures to strengthen supply chain security. Forging ahead, Dahua will remain dedicated to advancing the security industry through innovative and secure solutions, further enhancing its cybersecurity and data protection capabilities, and working with industry partners to build a trustworthy AIoT environment.
For more in-depth insights into Dahua’s cybersecurity practices, please visit www. dahuasecurity.com
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Artificial Intelligence
AGI to Debut at COMPUTEX 2024
TAIPEI, May 20, 2024 /PRNewswire/ — AGI Technology, a pioneering provider of high-performance storage solutions from Taiwan, will make its inaugural appearance at COMPUTEX 2024. This grant event will take place from June 4 to June 7 at the Taipei Nangang Exhibition Center, where AGI will be showcasing its latest innovations at Booth #J0218.
Event DetailsDate: June 4 – 7, 2024Time: 9:30 a.m. – 5:30 p.m.Location: Taipei Nangang Exhibition Center, Hall 1Booth: #J0218
AGI will present cutting-edge technology across three main themes:
Spotlight Innovations
– Supreme Pro TF138 2TB microSD: The world’s first 2TB microSD card, exclusively produced by AGI, sets a new standard in mass production and storage capacity.
– TURBOJET RGB DDR5 Series: This DDR5 series, featuring RGB lighting and a heat sink for overclocking, delivers exceptional performance.
– EDM38 Portable SSD for Mobile: A portable SSD with MagSafe-compatible magnetic attachment that offers lightweight portability.
Ultra-Spec Solutions
– SATA 8TB SSD: This 8TB SATA SSD is pushing the limits of consumer-grade storage, setting a new benchmark for capacity.
– PCIe 16TB SSD: A 16TB PCIe SSD that leads in the HMB domain, providing unmatched performance.
Customization Zone
AGI will showcase tailored storage solutions that meet unique customer needs.
We welcome you to visit AGI at Booth #J0218 to discover these innovations and explore collaboration opportunities.
About AGI
AGI is a leading provider of high-performance storage solutions, offering a range of innovative products that meet the evolving needs of its customers. With a commitment to delivering cutting-edge storage capacities and superior performance, AGI empowers its customers to achieve exceptional digital experiences.
Contact Information
Sales [email protected]+8862-27937256www.agi-gear.com
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