DUBLIN--(BUSINESS WIRE)--The "Saudi Arabia Cyber Security Market By Security Type (Network Security, Endpoint Security, Others), By Solutions Type (Identity & Access Management, Risk & Compliance Management, etc), By Deployment Type, By End Use Industry, By Company, By Region, Forecast & Opportunities, 2026" report has been added to ResearchAndMarkets.com's offering.
The Saudi Arabian Cyber Security Market is expected to grow at an impressive rate during the forecast period.
The Saudi Arabian Cyber Security Market is driven by the growing number of cyber-attacks and threats. This has led to an increase in the demand for different security solutions across various end-user industries. This in turn is expected to positively influence the market growth through 2026.
Additionally, growing adoption of cloud computing, IoT and BYOD across enterprises is further expected to propel the market growth over the next few years. However, use of pirated and open source cyber security solutions can hamper the market growth during the forecast period. Besides, lack of skilled personnel to manage the cyber security within an organization can further restrict the market growth.
The Saudi Arabian Cyber Security Market is segmented based on security type, solution type, deployment mode, end-user industry, company, and region.
Based on security type, the market can be categorized into network security, endpoint security, application security, cloud security, content security and others. The cloud security segment is expected to dominate the market during the forecast period on account of the widespread adoption of cloud technology across the various end-user industries such as BFSI, healthcare, manufacturing, among others. Additionally, increasing investments by the government and major vendors operating in the market further drives the segmental growth.
Based on the end-user industry, the market can be fragmented into BFSI, IT & telecom, defense, energy & power, retail, healthcare and others. The BFSI segment is expected to dominate the market owing to the growing need for providing sealed security and digital privacy in the financial institutions.
The major players operating in the Saudi Arabian Cyber Security Market are Cisco Systems Inc., Dell Technologies, IBM Corporation, Check Point Software Technologies Ltd., Hewlett Packard Enterprise Development LP, Intel Security (McAfee), Trend Micro, Inc., Palo Alto Networks Inc., Broadcom Inc. (Symantec Corporation), NEC Corporation and others.
Major companies are developing advanced technologies and launching new services in order to stay competitive in the market. Other competitive strategies include mergers & acquisitions and new service developments.
Years considered for this report:
- Historical Years: 2016-2019
- Base Year: 2020
- Estimated Year: 2021
- Forecast Period: 2022-2026
Objective of the Study
- To analyze and estimate the market size of the Saudi Arabian Cyber Security Market from 2016 to 2019.
- To estimate and forecast the market size of the Saudi Arabian Cyber Security Market from 2020 to 2026 and growth rate until 2026.
- To classify and forecast the Saudi Arabian Cyber Security Market based on security type, solution type, deployment mode, end-user industry, company, and regional distribution.
- To identify dominant region or segment in the Saudi Arabian Cyber Security Market.
- To identify drivers and challenges for the Saudi Arabian Cyber Security Market.
- To examine competitive developments such as expansions, new product launches, mergers & acquisitions, etc., in the Saudi Arabian Cyber Security Market.
- To identify and analyze the profile of leading players operating in the Saudi Arabian Cyber Security Market.
- To identify key sustainable strategies adopted by market players in the Saudi Arabian Cyber Security Market.
Key Topics Covered
1. Product Overview
2. Research Methodology
3. Impact of COVID-19 on Saudi Arabia Cyber Security Market
4. Executive Summary
5. Voice of Customers
5.1. Brand Awareness
5.2. Factors Influencing Purchase Decision
5.3. Challenges/Issues Faced Post Purchase
5.4. Unmet needs
6. Saudi Arabia Cyber Security Market Outlook
6.1. Market Size & Forecast
6.1.1. By Value
6.2. Market Share & Forecast
6.2.1. By Security Type (Network Security, Endpoint Security, Application Security, Cloud Security, Content Security, Others)
6.2.2. By Solutions Type (Identity & Access Management, Risk & Compliance Management, Encryption & Decryption, Data Loss Prevention, Unified Threat Management, Firewall, Antivirus & Malware, Intrusion Detection/Prevention System, Infrastructure Security, Others)
6.2.3. By Deployment Type (Cloud, On-premises)
6.2.4. By End Use Industry (BFSI, IT & Telecom, Defense, Energy & Power, Retail, Healthcare and Others)
6.2.5. By Region (Western Region, Central Region, Eastern Region, Rest of Saudi Arabia)
6.2.6. By Company (2020)
6.3. Product Market Map
7. Saudi Arabia Network Security Market Outlook
7.1. Market Size & Forecast
7.1.1. By Value
7.2. Market Share & Forecast
7.2.1. By Solution Type
7.2.2. By Deployment Type
7.2.3. By End Use Industry
8. Saudi Arabia Endpoint Security Market Outlook
8.1. Market Size & Forecast
8.1.1. By Value
8.2. Market Share & Forecast
8.2.1. By Solution Type
8.2.2. By Deployment Type
8.2.3. By End Use Industry
9. Saudi Arabia Application Security Market Outlook
9.1. Market Size & Forecast
9.1.1. By Value
9.2. Market Share & Forecast
9.2.1. By Solution Type
9.2.2. By Deployment Type
9.2.3. By End Use Industry
10. Saudi Arabia Cloud Security Market Outlook
10.1. Market Size & Forecast
10.1.1. By Value
10.2. Market Share & Forecast
10.2.1. By Solution Type
10.2.2. By Deployment Type
10.2.3. By End Use Industry
11. Saudi Arabia Content Security Market Outlook
11.1. Market Size & Forecast
11.1.1. By Value
11.2. Market Share & Forecast
11.2.1. By Solution Type
11.2.2. By Deployment Type
11.2.3. By End Use Industry
12. Market Dynamics
12.1. Drivers
12.2. Challenges
13. Market Trends & Developments
14. Policy & Regulatory Landscape
15. Saudi Arabia Economic Profile
16. Competitive Landscape
16.1. Company Profiles
16.1.1. Cisco Systems Inc.
16.1.2. Dell Technologies
16.1.3. IBM Corporation
16.1.4. Check Point Software Technologies Ltd.
16.1.5. Hewlett Packard Enterprise Development L.P.
16.1.6. Intel Security (McAfee)
16.1.7. Trend Micro, Inc.
16.1.8. Palo Alto Networks Inc.
16.1.9. Broadcom Inc. (Symantec Corporation)
16.1.10. NEC Corporation
17. Strategic Recommendations
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