A Quick Overview of Middle East Zero Trust Security Market
The key object of this report on the Middle East Zero Trust Security Market is to offer worthy data and a geographical perspective for predictions of market growth in the future. The recommendations added in this detailed report are insightful, and actionable offering a deep understanding of the industry. Moreover, it includes a comprehensive importance of aspects that have impacted the industry.
MarkNtel Advisors has recently studied an extensive market intelligence evaluation on the Middle East Zero Trust Security Market. Also, the newly released report exhibits an engaging format that comprises compelling graphs, tables, charts, and figures as well. These seamlessly combined visual aids are designed to support the clarity and accuracy of the details presented, offering analysts a deep knowledge of the topic at hand.
✅In case you missed it, we are currently revising our reports. Click on the below to get the latest research data with forecast for years 2025 to 2030, including market size, industry trends, and competitive analysis. It wouldn’t take long for the team to deliver the most recent version of the report.
If you’re interested in the assumptions considered in this study, you can download the PDF brochure- - https://www.marknteladvisors.com/query/request-sample/middle-east-zero-trust-security-market.html
Middle East Zero Trust Security Market Scenario:
The Middle East Zero Trust Security Market size is valued at USD2.41 billion in 2024 & is projected to reach USD7.4 billion by 2030. Along with this, the market is estimated to grow at a CAGR of around 17.14% during the forecast period, i.e., 2024-30. The increasing number of cyber threats from within and outside the organizations in the Middle East has led to the growing demand for zero-trust security solutions in the region. The zero trust security based on the idea “never trust always verify” has made it a standard when implementing cybersecurity solutions. The increasing digitalization of Middle Eastern countries due to the implementation of technologies such as cloud computing, the Internet of Things, machine learning, blockchain, artificial intelligence, and data analytics are being implemented by organizations and governments in the region.
Middle East Zero Trust Security Market - Industry Dynamics, Size, And Opportunity Forecast To 2030:
Market Driver - Rising Cyber Threats in the Region
The critical requirement to develop cybersecurity capabilities to guard against escalating threats from cyber adversaries is the primary driver of the zero-trust security market in the Middle East. The region is experiencing massive cyber-attacks related to data breaches. In 2024, the Middle East has average data breach cost has risen by 8.4% to USD 8.75 million per incident on a YoY basis according to IBM. Moreover, the average data breach cost per incident is substantially higher compared to the global average data breach cost of USD 4.88 million. These data breaches greatly disrupt business activities in the Middle East. Furthermore, they also drive up business costs by increasing the expenses associated with regulatory compliances and activities post-cyber breach.
Middle East Zero Trust Security Market Segmentation Analysis:
Middle East Zero Trust Security Industry, analyzes, identifies, and highlights the main trends and drivers which are affecting each segment of the market. The market has been further divided into the following categories:
By Component
- By Solution
- Network Security- Market Size & Forecast 2019-2030, USD Million
- Data Security- Market Size & Forecast 2019-2030, USD Million
- Endpoint Security- Market Size & Forecast 2019-2030, USD Million
- Security Orchestration Automation & Response (SOAR)- Market Size & Forecast 2019-2030, USD Million
- API Security- Market Size & Forecast 2019-2030, USD Million
- Security Analytics- Market Size & Forecast 2019-2030, USD Million
- Security Policy Management- Market Size & Forecast 2019-2030, USD Million
- By Services
- Consulting and Advisory Services
- Implementation and Integration Services
- Managed Services
- Training and Support Services
By Authentication Type
- Single Sign-On (SSO)- Market Size & Forecast 2019-2030, USD Million
- Multi-factor Authentication (MFA)- Market Size & Forecast 2019-2030, USD Million
By Deployment
- Cloud- Market Size & Forecast 2019-2030, USD Million
- On-Premise- Market Size & Forecast 2019-2030, USD Million
- Hybrid- Market Size & Forecast 2019-2030, USD Million
By Enterprise Size
- Small & Medium Enterprises(SMEs)- Market Size & Forecast 2019-2030, USD Million
- Large Enterprise- Market Size & Forecast 2019-2030, USD Million
By End User
- BFSI- Market Size & Forecast 2019-2030, USD Million
- IT & Telecom- Market Size & Forecast 2019-2030, USD Million
- Retail- Market Size & Forecast 2019-2030, USD Million
- Healthcare- Market Size & Forecast 2019-2030, USD Million
- Others (Transportation, Manufacturing Industry, Publishing, etc.)
By Country
- UAE
- Saudi Arabia
- Qatar
- Israel
- Egypt
- Kuwait
- Others
Browse Full Report Along with TOC and Figures - https://www.marknteladvisors.com/research-library/middle-east-zero-trust-security-market.html
Who are the Key Market Players in the Middle East Zero Trust Security Market?
In the fast-changing Middle East Zero Trust Security Market, understanding what our competitors are doing is crucial. By carefully analyzing things, we figured out some of the dominating players in the industry. So, the top companies of the Middle East Zero Trust Security market ruling the industry are:
List of Key Companies Profiled:
- Check Point Software Technologies
- Cloudflare
- Sophos
- CyberArk
- IBM
- Microsoft
- CyberKnight Technologies
- Orange
- Citrix
- Palo Alto Networks
- Fortinet
- Others.
Middle East Zero Trust Security Recent Development:
- August 2024: CyberKnight Technologies announced a partnership with Digital.ai to enhance its Application Security in the Middle East Region.
Note - If there are any particular details you need that are not currently included in the report, we will be happy to provide them as part of our customization services.
*Reports Delivery Format - Market research studies from MarkNtel Advisors are offered in PDF, Excel and PowerPoint formats. Within 24 hours of the payment being successfully received, the report will be sent to your email address
Why Choose MarkNtel Advisors:
- Focused Industry Expertise
- Diverse Report Offerings
- Personalized Research Solutions
- Robust Research Methodology
- In-depth Report Coverage
- Tracking Technological Advancements
- Comprehensive Value-Chain Analysis
- Discovering Market Opportunities
- Analyzing Growth Trajectories
- Assured Quality Insights
- Dedicated After-Sales Support
- Trusted by Fortune 500 Companies
Contact Us –
Call +1 628 895 8081 +91 120 417.148433
Email: sales@marknteladvisors.com
Comments (3)