According to recent findings, the UAE Managed Security Services Market is projected to grow at a CAGR of around 13% during the forecast period, i.e., 2023-28.
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UAE Managed Security Services Overview:
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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UAE Managed Security Services Outlook and Driver & Opportunity :
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.
Global UAE Managed Security Services Segmentation Analysis:
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
According to reports,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
According to reports,Of them all, the BFSI (Banking, Financial Services, & Insurance) sector dominated the UAE Managed Security Services Market in recent years with the largest share & is anticipated to prevail the same trend during 2023-28.
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.
For deeper insights into the market, explore the summary of the research report – https://www.marknteladvisors.com/research-library/uae-managed-security-services-market.html
Some of the Market players in the Global UAE Managed Security Services are:
- 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
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