SMB security spending in the Middle East and Africa: trends and forecasts 2019–2024

This report provides forecasts for spending on security-related technology by small and medium-sized businesses (SMBs) in the Middle East and Africa (MEA).It quantifies the revenue opportunity for security vendors in 7 key categories (endpoint security, network security, mobile security, security hardware, cloud security, product support services and remotely managed IT security services) and 20 sub-categories. 


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Executive summary
Worldwide trends
Worldwide: First-time deployments of cyber-security solutions by SMBs in MEA will outpace the worldwide rate of adoption, fuelling strong growth in security spending
Trends by security category
Security overview: the demand for hosted/cloud-based, mobile and remotely managed security services will drive growth in SMB security spending
Endpoint and network security: spending on these services will grow at a CAGR of 5%, but their share of total security spend will decline during the forecast period
Mobile security: mobile security spending in MEA is expected to grow rapidly as SMBs contend with an increasing number of mobile devices and users
Cloud security: spending on cloud-based security will grow the faster than any other security category, driven by the rising migration of business processes to the cloud
Security hardware: the security hardware share of total cyber-security spending will decline as SMBs shift to cloud-based security solutions
Security management: SMBs are prioritising outsourced cyber-security management, which is driving growth in managed security spending
Trends by business size
Firm size: MBs accounted for two-thirds of cyber-security-related spending and the majority are reporting plans to increase their security budgets
Firm size and spending category: security spending by SBs will grow slightly faster than that by MBs, but MBs will account for the majority of overall spending
Trends by routes to market
Security channels: security spending by SMBs in MEA is shifting from traditional channels to MSPs, albeit not as rapidly as in other regions
Forecast methodology and assumptions
Our SMB Technology Forecaster is underpinned by supply and demand insights and macroeconomic data, and is stress-tested to ensure accuracy and predictability
Analysys Mason's SMB Technology Forecaster: metrics included in this report
Definitions: security 
Definitions: IT and managed services 

List of figures:

Figure 1: Overview of SMB security spending in MEA, 2019
Figure 2: SMB security spending, MEA and the rest of the world, 2019 and 2024
Figure 3: SMB security spending by category, MEA, 2019 and 2024
Figure 4: SMB spending on endpoint security by category, MEA, 2019 and 2024
Figure 5: SMB spending on network security by category, MEA, 2019 and 2024
Figure 6: SMB spending on mobile security by category, MEA, 2019 and 2024
Figure 7: SMB spending on cloud security software, MEA, 2019 and 2024
Figure 8: SMB spending on on-premises security hardware by category, MEA, 2019 and 2024
Figure 9: SMB spending on security management by category, MEA, 2019 and 2024
Figure 10: SMB security spending by number of employees, MEA, 2019 and 2024
Figure 11: Breakdown of SMB security spending by category and number of employees, MEA, 2019
Figure 12: SMB security spending by category and number of employees, MEA, 2019 and 2024
Figure 13: SMB security spending by route to market, MEA, 2019 and 2024
Figure 14: Definitions and key drivers for security solutions
Figure 15: Definitions and key drivers for security solutions
Figure 16: Definitions and key drivers for security solutions
Figure 17: Definitions and key drivers for IT and managed services

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