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Middle East Cyber Security Market

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Middle East Cyber Security Market research report categorizes the Global Market by Technologies as IAM, DLP, UTM, IDS/IPS, Firewall, by Services, & by geography. – PowerPoint PPT presentation

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Updated: 24 July 2014
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Title: Middle East Cyber Security Market


1
MarketsandMarkets Presents
Middle East Cyber Security Market worth 9.56
Billion by 2019
http//www.marketsandmarkets.com/Market-Reports/mi
ddle-east-cyber-security-market-121119697.html
2
The report Middle East Cyber Security Market by
Technologies (IAM, DLP, UTM, IDS/IPS, Firewall,
Risk Compliance Management, Antivirus,
SVM/SIEM, Disaster Recovery, DDOS Mitigation,
Encryption, Web Filtering) by Services - Market
Forecasts and Analysis (2014-2019), segments the
Middle East market into various sub-segments with
in-depth analysis and forecasting of market size.
The report also identifies the drivers and
restraints for this market with insights into
trends, opportunities, and challenges.
MarketsandMarkets has segmented the Middle East
Cyber Security market by sub markets, by
technologies by types of services support and
maintenance, by types of verticals BFSI,
government and utilities, healthcare, retail,
manufacturing, telecom and IT, and education by
countries in this region.
Download Sample PDF Today!
3
Browse 84 market data tables and 12 figures
spread through 277 Pages and in-depth TOC on
"Middle East Cyber Security Market by
Technologies (IAM, DLP, UTM, IDS/IPS, Firewall,
Risk Compliance Management, Antivirus,
SVM/SIEM, Disaster Recovery, DDOS Mitigation,
Encryption, Web Filtering) by Services - Market
Forecasts and Analysis (2014-2019)"http//www.mar
ketsandmarkets.com/Market-Reports/middle-east-cybe
r-security-market-121119697.html Early buyers
will receive 10 customization on reports. The
Middle East region is dominated by large
industries such as oil and gas and BFSI. Rapid
economic development by these large industries in
this region has caused it to become a target for
hackers and cyber attackers. Cyber attacks to
these large industries such as oil and gas sector
has caused massive loss of data and damage to the
internal network of these organizations.
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4
Cyber security involves the collective use of
variety of technologies such as antivirus,
intrusion prevention systems, data encryption,
firewalls and DDoS mitigation to prevent advanced
persistent cyber security threats. Such
technologies also ensure business continuity in
the event of an attack by effectively isolating
systems to prevent the spread of a virus. The
modern business organization relies heavily on
the internet to reduce geographical barriers and
improve business productivity and cyber security
ensures security to an organizations internal
framework from external attacks. Cyber security
is becoming an increasingly competitive market
with a diverse mix of small and large vendors.
The larger vendors in this region are focusing on
growth through strategic mergers and acquisitions
of smaller vendors. Other growth strategy for
large vendors includes expanding their
distributors network base.
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5
Major enterprises in this region include energy,
utilities, oil and gas which are the major
revenue generating industries. These industries
are highly dependent on Networks and industrial
Control systems. Since from past few years these
systems and networks are exposed to internet,
making them more vulnerable to cyber attacks.
These vulnerabilities are enforcing these
industries to adopt latest technological
solutions, thereby increasing the growth of cyber
security in this region. MarketsandMarkets
expects that the Middle East Cyber Security
market is estimated to be 5.17 billion in 2014
and is expected to grow to 9.56 billion in 2019.
This represents an estimated Compound Annual
Growth Rate (CAGR) of 13.07 from 2014 to 2019.
In the current scenario, Saudi Arabia is expected
to be the largest market on the basis of spending
and adoption for cyber security solutions and
services.
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6
About MarketsandMarkets
MarketsandMarkets is a global market research and
consulting company based in the U.S. We publish
strategically analyzed market research reports
and serve as a business intelligence partner to
Fortune 500 companies across the world.
MarketsandMarkets also provides multi-client
reports, company profiles, databases, and custom
research services. MarketsandMarkets covers
thirteen industry verticals, including advanced
materials, automotive and transportation, banking
and financial services, biotechnology, chemicals,
consumer goods, energy and power, food and
beverages, industrial automation, medical
devices, pharmaceuticals, semiconductor and
electronics, and telecommunications and IT. We
at MarketsandMarkets are inspired to help our
clients grow by providing apt business insight
with our huge market intelligence repository.
Purchase Copy of Report Today!
7
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TX 75231Tel 1-888-6006-441       Email sales_at_
marketsandmarkets.com MarketsandMarkets
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