GCC Cyber Security Market Research Report 2016- 2024

GCC Cyber Security Market

CITY, Country, 2018-Apr-16 — /EPR Network/ —According to Goldstein Research, GCC Cyber security market is expected to reach USD 11.4 billion by the end of 2024 from USD 7.2 billion in 2016, growing at a CAGR of 5.9%. The growing digitization in the GCC region also accounts for growing cyber threats which are driving the demand for cyber security solutions and development by advanced technology development and its implementation.GCC Cyber security market segmentation has been done on the basis of solution type, services, deployment type, end-users and geography. Cyber threats has attained the government focus towards national security and increased the expenditure to curb them. GCC Cyber security market is majorly dominated by UAE and closely followed by Saudi Arabia. UAE has majority of cyber security professionals and has most advanced technology, which accounts for 35% market share of total GCC cyber security market.

GCC Cyber Security Market Segmentation

On the basis of our in-depth analysis, GCC Cyber Security Market can be segmented as follows:

Based on Solution Type

  • Risk and Compliance Management
  • Unified Threat Management (UTM)
  • Security Incident Management
  • Identity and Access Management (IAM)
  • Encryption
  • Intrusion Prevention Systems
  • Other (Disaster Recovery etc.)

Based on Services

  • Managed Services
  • Professional Services

Based On Deployment Type

  • Cloud
  • On-Premises

Based on End Users

  • Government Sector
  • BFSI (Banking, Financial Services and Insurance)
  • Manufacturing
  • ICT (Information and Communication Technology)
  • Aerospace and Defense
  • Retail
  • Healthcare
  • Other (Education etc.)

On the basis of region

  • Saudi Arabia {Market Size (USD Billion), Growth Analysis (%) and Adoption Rate (%)}
  • United Arab Emirates {Market Size (USD Billion), Growth Analysis (%) and Adoption Rate (%)}
  • Qatar {Market Size (USD Billion), Growth Analysis (%) and Adoption Rate (%)}
  • Oman {Market Size (USD Billion), Growth Analysis (%) and Adoption Rate (%)}
  • Bahrain {Market Size (USD Billion), Growth Analysis (%) and Adoption Rate (%)}
  • Kuwait {Market Size (USD Billion), Growth Analysis (%) and Adoption Rate (%)}

“GCC Cyber Security Industry Analysis” contains detailed overview of the GCC Cyber security market.On the basis of our in-depth analysis, market can be segmented in terms of market segmentation by solution type, services, deployment type and end-users.

Further, for the in-depth analysis, GCC Cyber Security Market Report encompasses the industry growth drivers, market challenges, risk analysis, market attractiveness, BPS (Base Point Scale) analysis, Porter’s five force model and SWOT analysis. This market report also includes competitive outlook of some of the major players profiling of companies such asIBM Security, Raytheon Company, Mimecast, Cisco, CyberArk Software, Lockheed Martin, BAE Systems, Rapid7, Palo Alto Networks, Symantec, Root9B, Herjavec Group, FireEye, Sophos, Sera-Brynn, Kaspersky Lab,etc. The company profiles include business strategy, geographical revenue distribution, major information of the companies which encompasses business outlook, products, services and industries catered, financial analysis of the company and recent developments. Overall, the report represents the GCCCyber security market trends along with market forecast that will help industry consultants, technology providers, existing players searching for expansion opportunities, new players searching possibilities and other stakeholders to align their market centric strategies according to the ongoing and expected trends in the future.

Download Exclusive Research Report: GCC Cyber Security Market Research Report

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Based in the US, Goldstein Research currently has a strong presence in the American and Asian countries. In the next five years, we strive to expand our reach to 50+ nations spanning across Europe, Asia and parts of the Middle East and Africa. We strive to realize a strong brand presence globally through our quality research and forecasting solutions.

Our mission is simple: to develop insightful business solutions, help our clients make powerful future decisions to keep them well ahead of the game which is the market, and leave a mark across businesses and communities through our well-defined ideas and clear cut forecasts. Our market research reports provide in-depth analysis of GCC and regional variations along with competitors’ overview. Our analysts working on Hardware and ICT Industry Reports to help various tech-giants, tech start-ups and entry players to assess the current and upcoming business scenario. We believe in vigorous examination of the current market scenario and build around creative ideas and approaches that are most suitable to our clients’ needs and business agenda.

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