Middle East & Africa Cybersecurity Market

Feb 2020| VMR1649A| Verified Market Research

Report Highlights

Middle East & Africa Cybersecurity Market

According to Verified Market Research, Middle East & Africa Cybersecurity Market was valued at USD 5.92 Billion in 2018 and is projected to reach USD 17.30 Billion by 2026, growing at a CAGR of 14.35% from 2019 to 2026.

Middle East & Africa Cybersecurity Market Outlook

The significant rise in cyber threats and cyber terrorism is one of the major driving factors for the growth of the cybersecurity market in the region. Moreover, there is an increasing demand for data privacy, rapid digitalization in countries and an increasing number of connected devices are a few other factors contributing to the growth of the market. Moreover, rising government initiatives and investments in ICT would push market growth even further over the forecast period. However, lack of awareness about the internal and external threats as well as increased operational costs are anticipated to be the factors causing hindrance in the growth of the market.

Middle East & Africa Cybersecurity Market Competitive Landscape

The Middle East & Africa Cybersecurity Market study report will provide a valuable insight with an emphasis on Middle East & Africa market including some of the major players such as Check Point Software Technologies Ltd., Palo Alto Networks, Inc., Fortinet, Inc., FireEye, Inc., Trend Micro Inc., Proofpoint, Inc., IBM Corp., Cisco Systems Inc., Kaspersky Lab, Dell Technologies.

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