‘GCC Cyber Security Market Worth Over $7.1 Billion In 2018’ States Visiongain Report

31 July 2018
Cyber

Visiongain’s new report the GCC Cyber Security Market Forecast 2018-2028: Forecasts and Analysis by Solutions (Network Security, Endpoint Security, Content Security, Application Security, Industrial Control System Security), Services (Cyber Security Consulting, Cyber Security Risk Assessment Services, Cyber Security Design and Integration Services), Application (BFSI, Aerospace and Defence, Healthcare, Manufacturing, Others) and Country (UAE, Saudi Arabia, Qatar, Kuwait, Bahrain, Oman), with Profiles of Leading Companies indicates that the GCC Cyber Security market will see $7.1bn in spending in 2018.

The lead analyst of the report said “The Gulf region contains a significant share of the world’s energy resources and there has been an increased usage of personal internet and smart devices for banking applications over the past few years, which has made the banks vulnerable to phishing and DDOS attacks. These are a few of the factors that have made GCC region more vulnerable to cyberattacks.

A major cyber security trend right now is an increase of mainstream awareness among organizations of all sizes when it comes to protecting their information. The rise of ransomware and very public hacks into small businesses, non-profit organisations, and even government agencies have brought these issues to the forefront for everyone. Because of this, organisations are witnessing a general increased level of investment by every company trying to protect their sensitive data.

Cyber security has become an emerging concern for the organizations in the Gulf region. With increased usage of smart phones and social media, companies need to be prudent regarding their online safety policies.”

The 211 page report contains 220 tables, charts and graphs that add visual analysis in order to explain developing trends within the Cyber Security market. Visiongain provides Cyber Security forecasts for the period 2018-2028 and divides the sector by 3 different segments namely by Solutions (Network Security, Endpoint Security, Content Security, Application Security, Industrial Control System Security), Services (Cyber Security Consulting, Cyber Security Risk Assessment Services, Cyber Security Design and Integration Services)

The 211 page report offers market forecasts and analysis for 6 national markets. (UAE, Saudi Arabia, Qatar, Kuwait, Bahrain, Oman)

In addition, the report contains a dedicated leading companies’ chapter covering companies leading the field in Cyber Security including Cisco Systems, Intel Corporation, Booz Allen Hamilton Inc., DXC Technology, FireEye Inc., Kaspersky Lab, Symantec Corporation.

The GCC Cyber Security Market Forecast 2018-2028: Forecasts and Analysis by Solutions (Network Security, Endpoint Security, Content Security, Application Security, Industrial Control System Security), Services (Cyber Security Consulting, Cyber Security Risk Assessment Services, Cyber Security Design and Integration Services), Application (BFSI, Aerospace and Defence, Healthcare, Manufacturing, Others) and Country (UAE, Saudi Arabia, Qatar, Kuwait, Bahrain, Oman), with Profiles of Leading Companies report will be of value to anyone who wants to better understand the GCC Cyber Security market and its various segments. It will be useful for businesses who wish to better comprehend the part of the market they are already involved in, or those wishing to enter or expand into a different regional or technical part of the Cyber Security industry.

Notes for Editors
If you are interested in a more detailed overview of this report, please send an e-mail to sara.peerun@visiongainglobal.com or call her on +44 (0) 207 336 6100

About visiongain
Visiongain is one of the fastest-growing and most innovative independent media companies in Europe. Based in London, UK, visiongain produces a host of business-to-business conferences, newsletters, management reports and e-zines focusing on the automotive, chemical, cyber, defence, energy, pharmaceutical, materials and telecoms sectors.

Visiongain publishes reports produced by its in-house analysts, who are qualified experts in their field. Visiongain has firmly established itself as the first port of call for the business professional who needs independent, high-quality, original material to rely and depend on.

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