UAE Managed Security Services Market Overview and Insights:
UAE Managed Security Services Market research is an ongoing process. Consistent monitoring and evaluating of market dynamics to stay informed and adapt your strategies accordingly. As a market research and consulting firm, we offer market research reports that focus on major parameters including Target Market Identification, Customer Needs and Preferences, Thorough Competitor Analysis, Market Size & Market Analysis, and other major factors. At the end, we do provide meaningful insights and actionable recommendations that inform decision-making and strategy development.
What is the Future Market Size of the UAE Managed Security Services Industry and its Yearly Growth Rate?
The UAE Managed Security Services Market is projected to grow at a CAGR of around 13% during the forecast period, i.e., 2023-28. The growth of the market is likely to be driven primarily by the growing number of cyber threats & attacks, increasing adoption of devices, and the rising need to address concerns over malicious malware attacks & breaches across different sectors in the UAE. Besides, the growing establishment of several Multi-National Companies (MNCs) & increasing number of business start-ups across the country is also stimulating the demand for managed security services.
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Who are the Main Competitors Driving the UAE Managed Security Services Market Forward?
The prominent players essentially operating in the UAE Managed Security Services Market are as follows:
- Injazat Data Systems
- Help AG
- DTS Solutions
- BT Group
- Spire Solutions
- Cisco Systems
- Fortinet
- Wipro
- Secureworks
- IBM Corporation
- Cisco
- Ixtel Technologies
- Atos SE
- NEC corporation
- Others
What are the key Drivers Defining the UAE Managed Security Services Market Size?
Paradigm Shift toward Work-from-Home Policies
Trends of Work-from-Home (WFH) across different organizations in the UAE are increasing the vulnerabilities of critical data to cyber threats, attacks, & breaches, thereby displaying a growing number of cybercrimes in the country. Since WFH resulted in the access of unprotected internet & confidential data, the number of cybercrimes is rapidly surging.
Hence, several small, medium, & large size enterprises are opting for managed security services through cloud deployment and driving the UAE Managed Security Services Market during 2022-27. Besides, it is also generating growth opportunities for the leading players to bring upgrades in the security systems and provide more services to customers.
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What is the Segmentation of the UAE Managed Security Services Market?
The UAE Managed Security Services market covered in this report is segmented –
- By Type
- Distributed Denial of Service Mitigation (DDoS) – Market Size & Forecast 2018-2028F, USD Million
- Intrusion Detection & Prevention System- Market Size & Forecast 2018-2028F, USD Million
- Endpoint Security- Market Size & Forecast 2018-2028F, USD Million
- Firewall Management- Market Size & Forecast 2018-2028F, USD Million
- Risk and Compliance Management- Market Size & Forecast 2018-2028F, USD Million
- Vulnerability Management- Market Size & Forecast 2018-2028F, USD Million
- Security Information and Event Management (SIEM)- Market Size & Forecast 2018-2028F, USD Million
- Unified Threat Management- Market Size & Forecast 2018-2028F, USD Million
- Others- Market Size & Forecast 2018-2028F, USD Million
- By Enterprise Size
- Small & Medium size Enterprises- Market Size & Forecast 2018-2028F, USD Million
- Large Enterprises- Market Size & Forecast 2018-2028F, USD Million
- By Deployment
- On premise- Market Size & Forecast 2018-2028F, USD Million
- Cloud- Market Size & Forecast 2018-2028F, USD Million
Here, the Cloud deployment model dominates the UAE Managed Security Services Market, principally due to the mounting inclination of customers on online platforms for most of their demands, i.e., displaying a dramatic shift of organizations to online platforms using Cloud technologies to store & manage the massive data volume.
- By End User
- Government- Market Size & Forecast 2018-2028F, USD Million
- BFSI- Market Size & Forecast 2018-2028F, USD Million
- Healthcare- Market Size & Forecast 2018-2028F, USD Million
- Manufacturing- Market Size & Forecast 2018-2028F, USD Million
- Retail- Market Size & Forecast 2018-2028F, USD Million
- Telecom & IT- Market Size & Forecast 2018-2028F, USD Million
- Oil & Gas- Market Size & Forecast 2018-2028F, USD Million
- Others (Hospitality, Media & Entertainment, etc.)- Market Size & Forecast 2018-2028F, USD Million
- By Service Provider
- IT Service Providers- Market Size & Forecast 2018-2028F, USD Million
- Managed Security Specialist- Market Size & Forecast 2018-2028F, USD Million
- Telecom Service Provider- Market Size & Forecast 2018-2028F, USD Million
- By Region
- Dubai
- Abu Dhabi & Al Ain
- Sharjah & Northern Emirates
Key Questions Answered in the Research Report
- What is the predicted UAE Managed Security Services market size and growth rate for the years 2023-28?
- What challenges are restricting the growth of the UAE Managed Security Services market?
- Which segment accounted for the largest market share in the UAE Managed Security Services market?
- Which prominent companies are leading growth in the UAE Managed Security Services market?
- In what formats does Markntel Advisors deliver the concerned report descriptions?
- How long does it take for customers to receive the reports provided by Markntel Advisors?
- Does Markntel Advisors provide customized reports?
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