Report includes market status and forecast of global and major regions, with introduction of vendors, regions, product types and end industries; and this report counts product types and end industries in global and major regions.
By TMR Research on May 5, 2021
Overview
Cyber security has become a key issue in modern day organisations. Organizations have increased their expenditure on cyber security services/products/solutions to tackle security issues (e.g. Aerospace & Defense, Retail and BFSI) and to protect sensitive data from the hackers.
Government, BFSI and Energy & Utilities are more vulnerable to cyber-attacks. The demand for cyber security products are high from these end users.
The GCC regions has been repeatedly subjected to cyber-attacks due to their strategic geographic presence and economic significance.
Market Analysis
The Middle East Cyber Security market is expected to grow at a CAGR of 22.5% during the forecast period 2016–2022.