
UAE Cyber Security Market Outlook Report - Market Size, Share Analysis and Forecast (2025-2034)
Description
The UAE cyber security market reached around USD 516.34 Million in 2024. The market is projected to grow at a CAGR of 3.60% between 2025 and 2034 to reach nearly USD 735.42 Million by 2034.
UAE Cyber Security Market Growth
Between 2021 and 2023, nearly 73% of all organisations in the UAE were targeted by ransomware attacks, which is substantially higher than the global average of 65%. This has prompted a one-third increase in budgetary allocations for data security among organisations. In 2021, insurance and financial organisations accounted for nearly 48% of all cyberattacks in the Middle East. This is expected to prompt increasing investments in AI tools to further strengthen cybersecurity measures in the country, thereby leading to the market expansion.
The government of UAE imposes strict penalties on cybercrime offenders. An individual who hacks a government website can potentially undergo up to 7 years of jail sentence and can be fined Dh250,000-Dh1.5 million. For hacking non-government websites, cybercriminals are fined Dh150,000-Dh500,000 and can potentially be imprisoned for nearly 6 months. Strict legal regulations surrounding cybersecurity have played a critical role in deterring hackers and have facilitated the widespread adoption of cybersecurity solutions.
In the Global Cybersecurity Index 2020, the UAE was ranked in fifth position by the International Telecommunications Union due to its strategic commitment to ensuring cybersecurity through cooperation and capacity building. It has also taken numerous technical and organisational measures to support the creation of a safe cyberspace for businesses and consumers.
Key Trends and Developments
Rising sophisticated cyberattacks; rapid digital transformation; mainstreaming of AI and ML; and stringent government initiatives are favouring the UAE cyber security market expansion.
May 2024
CyberHive launched a suite of threat protection modules in the UAE. The launch marks the country's demand for robust network security among medium and large enterprises.
May 2024
Cybersecurity firm Practical Security Lab announced the commencement of its operations in the UAE, offering services like reverse engineering, cybersecurity, and security development to businesses and organisations.
March 2024
Permus launched its advanced cybersecurity offerings in the UAE to meet the evolving demands of businesses in sectors such as health, finance, energy, and telecommunications.
October 2023
ORYXLABS announced the launch of Cyber360, an advanced cybersecurity solution that addresses and manages the compliance and regulatory requirements of an organisation. The solution aims to automate data collection across different entities and analyse the cybersecurity profile of the supply chain, partners, and vendors.
Increasing Number of Sophisticated Cyberattacks
Cyberattacks are increasingly becoming more sophisticated, automated, and personalised as attackers are leveraging advanced technologies, complex methods, and multifaceted strategies. This is surging the need for robust cybersecurity tools and solutions.
Rapid Digital Transformation
Rapid digital transformation, coupled with the growing use of new technologies, in the UAE is surging the dependence on data, consequently expanding the attack surface and increasing its attractiveness to cybercriminals. This is emphasising the requirement for advanced cybersecurity measures.
Mainstreaming of AI and ML
Organisations are integrating innovative technologies such as machine learning and artificial intelligence in their cybersecurity strategies to enhance their preparedness against evolving cybercrimes.
Government Initiatives Boosting Cybersecurity
The UAE government is introducing various initiatives to bolster cybersecurity, enhance public awareness regarding cyber threats, and provide a safe digital environment for its citizens to support the safe digital transformation of the country.
UAE Cyber Security Market Trends
In March 2024, the UAE Cybersecurity Council launched an awareness campaign targeting citizens, government entities, and private institutions, The National Campaign for Cybersecurity. The campaign covers various aspects of cybersecurity and aims to enhance public awareness regarding various ways to protect from cyber threats such as fraud attacks and phishing.
The adoption of advanced cybersecurity tools deploying machine learning and artificial intelligence is significantly increasing as they offer real-time responsiveness, enable faster threat detection and response, improve the accuracy of potential vulnerabilities, and provide enhanced cost savings and scalability. Besides, such tools automatically identify new and emerging threats and analyse behavioural patterns to detect and block sophisticated cyberattacks.
UAE Cyber Security Industry Segmentation
UAE Cyber Security Market Report and Forecast 2025-2034 offers a detailed analysis of the market based on the following segments:
Market Breakup by Offering: Identity and Access Management
Antivirus/Antimalware
Encryption and Tokenisation
Compliance and Policy Management
Firewall
Others
Based on industry vertical, the market is segmented into BFSI, government, healthcare and life sciences, aerospace and defence, and manufacturing, among others. Over the forecast period of 2025-2034, the BFSI sector is estimated to grow at a CAGR of 17.8%, as the rising incidence of cyber fraud necessitates the need for secure money transfer tools.
Leading Companies in the UAE Cyber Security Market
Though the incidence of ransomware attacks has declined significantly in the UAE, the demand for payouts is reaching multiple digits, ranging between $500,000 to $1,000,000. This is expected to bolster the demand for advanced cybersecurity solutions over the forecast period.
UAE Cyber Security Market Growth
Between 2021 and 2023, nearly 73% of all organisations in the UAE were targeted by ransomware attacks, which is substantially higher than the global average of 65%. This has prompted a one-third increase in budgetary allocations for data security among organisations. In 2021, insurance and financial organisations accounted for nearly 48% of all cyberattacks in the Middle East. This is expected to prompt increasing investments in AI tools to further strengthen cybersecurity measures in the country, thereby leading to the market expansion.
The government of UAE imposes strict penalties on cybercrime offenders. An individual who hacks a government website can potentially undergo up to 7 years of jail sentence and can be fined Dh250,000-Dh1.5 million. For hacking non-government websites, cybercriminals are fined Dh150,000-Dh500,000 and can potentially be imprisoned for nearly 6 months. Strict legal regulations surrounding cybersecurity have played a critical role in deterring hackers and have facilitated the widespread adoption of cybersecurity solutions.
In the Global Cybersecurity Index 2020, the UAE was ranked in fifth position by the International Telecommunications Union due to its strategic commitment to ensuring cybersecurity through cooperation and capacity building. It has also taken numerous technical and organisational measures to support the creation of a safe cyberspace for businesses and consumers.
Key Trends and Developments
Rising sophisticated cyberattacks; rapid digital transformation; mainstreaming of AI and ML; and stringent government initiatives are favouring the UAE cyber security market expansion.
May 2024
CyberHive launched a suite of threat protection modules in the UAE. The launch marks the country's demand for robust network security among medium and large enterprises.
May 2024
Cybersecurity firm Practical Security Lab announced the commencement of its operations in the UAE, offering services like reverse engineering, cybersecurity, and security development to businesses and organisations.
March 2024
Permus launched its advanced cybersecurity offerings in the UAE to meet the evolving demands of businesses in sectors such as health, finance, energy, and telecommunications.
October 2023
ORYXLABS announced the launch of Cyber360, an advanced cybersecurity solution that addresses and manages the compliance and regulatory requirements of an organisation. The solution aims to automate data collection across different entities and analyse the cybersecurity profile of the supply chain, partners, and vendors.
Increasing Number of Sophisticated Cyberattacks
Cyberattacks are increasingly becoming more sophisticated, automated, and personalised as attackers are leveraging advanced technologies, complex methods, and multifaceted strategies. This is surging the need for robust cybersecurity tools and solutions.
Rapid Digital Transformation
Rapid digital transformation, coupled with the growing use of new technologies, in the UAE is surging the dependence on data, consequently expanding the attack surface and increasing its attractiveness to cybercriminals. This is emphasising the requirement for advanced cybersecurity measures.
Mainstreaming of AI and ML
Organisations are integrating innovative technologies such as machine learning and artificial intelligence in their cybersecurity strategies to enhance their preparedness against evolving cybercrimes.
Government Initiatives Boosting Cybersecurity
The UAE government is introducing various initiatives to bolster cybersecurity, enhance public awareness regarding cyber threats, and provide a safe digital environment for its citizens to support the safe digital transformation of the country.
UAE Cyber Security Market Trends
In March 2024, the UAE Cybersecurity Council launched an awareness campaign targeting citizens, government entities, and private institutions, The National Campaign for Cybersecurity. The campaign covers various aspects of cybersecurity and aims to enhance public awareness regarding various ways to protect from cyber threats such as fraud attacks and phishing.
The adoption of advanced cybersecurity tools deploying machine learning and artificial intelligence is significantly increasing as they offer real-time responsiveness, enable faster threat detection and response, improve the accuracy of potential vulnerabilities, and provide enhanced cost savings and scalability. Besides, such tools automatically identify new and emerging threats and analyse behavioural patterns to detect and block sophisticated cyberattacks.
UAE Cyber Security Industry Segmentation
UAE Cyber Security Market Report and Forecast 2025-2034 offers a detailed analysis of the market based on the following segments:
Market Breakup by Offering:
- Solutions
- Services
- On-Premises
- Cloud
- Large Enterprises
- Small and Medium Enterprise (SMEs)
- Network Security
- Cloud Security
- End Point and IOT Security
- Application Security
- BFSI
- Government
- Healthcare and Life Sciences
- Aerospace and Defence
- Manufacturing
- Others
- Dubai
- Abu Dhabi
- Others
Based on industry vertical, the market is segmented into BFSI, government, healthcare and life sciences, aerospace and defence, and manufacturing, among others. Over the forecast period of 2025-2034, the BFSI sector is estimated to grow at a CAGR of 17.8%, as the rising incidence of cyber fraud necessitates the need for secure money transfer tools.
Leading Companies in the UAE Cyber Security Market
Though the incidence of ransomware attacks has declined significantly in the UAE, the demand for payouts is reaching multiple digits, ranging between $500,000 to $1,000,000. This is expected to bolster the demand for advanced cybersecurity solutions over the forecast period.
- IBM Corporation
- Cisco Systems Inc.
- Microsoft Corp.
- Oracle Corporation
- Fortinet Inc.
- Dell Inc.
- Rapid7 Inc.
- Juniper Networks, Inc.
- Trend Micro Inc.
- Palo Alto Networks Inc.
- Others
Table of Contents
127 Pages
- 1 Executive Summary
- 1.1 Market Size 2024-2025
- 1.2 Market Growth 2025(F)-2034(F)
- 1.3 Key Demand Drivers
- 1.4 Key Players and Competitive Structure
- 1.5 Industry Best Practices
- 1.6 Recent Trends and Developments
- 1.7 Industry Outlook
- 2 Market Overview and Stakeholder Insights
- 2.1 Market Trends
- 2.2 Key Verticals
- 2.3 Key Regions
- 2.4 Supplier Power
- 2.5 Buyer Power
- 2.6 Key Market Opportunities and Risks
- 2.7 Key Initiatives by Stakeholders
- 3 Economic Summary
- 3.1 GDP Outlook
- 3.2 GDP Per Capita Growth
- 3.3 Inflation Trends
- 3.4 Democracy Index
- 3.5 Gross Public Debt Ratios
- 3.6 Balance of Payment (BoP) Position
- 3.7 Population Outlook
- 3.8 Urbanisation Trends
- 4 Country Risk Profiles
- 4.1 Country Risk
- 4.2 Business Climate
- 5 Middle East and Africa Cyber Security Market Overview
- 5.1 Key Industry Highlights
- 5.2 Middle East and Africa Cyber Security Historical Market (2018-2024)
- 5.3 Middle East and Africa Cyber Security Market Forecast (2025-2034)
- 6 UAE Cyber Security Market Overview
- 6.1 Key Industry Highlights
- 6.2 UAE Cyber Security Historical Market (2018-2024)
- 6.3 UAE Cyber Security Market Forecast (2025-2034)
- 7 UAE Cyber Security Market by Offering
- 7.1 Solutions
- 7.1.1 Historical Trend (2018-2024)
- 7.1.2 Forecast Trend (2025-2034)
- 7.1.3 Breakup by Type
- 7.1.3.1 Identity and Access Management
- 7.1.3.2 Antivirus/Antimalware
- 7.1.3.3 Encryption and Tokenisation
- 7.1.3.4 Compliance and Policy Management
- 7.1.3.5 Firewall
- 7.1.3.6 Others
- 7.2 Services
- 7.2.1 Historical Trend (2018-2024)
- 7.2.2 Forecast Trend (2025-2034)
- 8 UAE Cyber Security Market by Deployment Mode
- 8.1 On-Premises
- 8.1.1 Historical Trend (2018-2024)
- 8.1.2 Forecast Trend (2025-2034)
- 8.2 Cloud
- 8.2.1 Historical Trend (2018-2024)
- 8.2.2 Forecast Trend (2025-2034)
- 9 UAE Cyber Security Market by Organisation Size
- 9.1 Large Enterprises
- 9.1.1 Historical Trend (2018-2024)
- 9.1.2 Forecast Trend (2025-2034)
- 9.2 Small and Medium Enterprise (SMEs)
- 9.2.1 Historical Trend (2018-2024)
- 9.2.2 Forecast Trend (2025-2034)
- 10 UAE Cyber Security Market by Security
- 10.1 Network Security
- 10.1.1 Historical Trend (2018-2024)
- 10.1.2 Forecast Trend (2025-2034)
- 10.2 Cloud Security
- 10.2.1 Historical Trend (2018-2024)
- 10.2.2 Forecast Trend (2025-2034)
- 10.3 End Point and IOT Security
- 10.3.1 Historical Trend (2018-2024)
- 10.3.2 Forecast Trend (2025-2034)
- 10.4 Application Security
- 10.4.1 Historical Trend (2018-2024)
- 10.4.2 Forecast Trend (2025-2034)
- 11 UAE Cyber Security Market by Industry Vertical
- 11.1 BFSI
- 11.1.1 Historical Trend (2018-2024)
- 11.1.2 Forecast Trend (2025-2034)
- 11.2 Government
- 11.2.1 Historical Trend (2018-2024)
- 11.2.2 Forecast Trend (2025-2034)
- 11.3 Healthcare and Life Sciences
- 11.3.1 Historical Trend (2018-2024)
- 11.3.2 Forecast Trend (2025-2034)
- 11.4 Aerospace and Defence
- 11.4.1 Historical Trend (2018-2024)
- 11.4.2 Forecast Trend (2025-2034)
- 11.5 Manufacturing
- 11.5.1 Historical Trend (2018-2024)
- 11.5.2 Forecast Trend (2025-2034)
- 11.6 Others
- 12 UAE Cyber Security Market by Region
- 12.1 Dubai
- 12.1.1 Historical Trend (2018-2024)
- 12.1.2 Forecast Trend (2025-2034)
- 12.2 Abu Dhabi
- 12.2.1 Historical Trend (2018-2024)
- 12.2.2 Forecast Trend (2025-2034)
- 12.3 Others
- 13 Market Dynamics
- 13.1 SWOT Analysis
- 13.1.1 Strengths
- 13.1.2 Weaknesses
- 13.1.3 Opportunities
- 13.1.4 Threats
- 13.2 Porter’s Five Forces Analysis
- 13.2.1 Supplier’s Power
- 13.2.2 Buyer’s Power
- 13.2.3 Threat of New Entrants
- 13.2.4 Degree of Rivalry
- 13.2.5 Threat of Substitutes
- 13.3 Key Indicators of Demand
- 13.4 Key Indicators of Price
- 14 Competitive Landscape
- 14.1 Supplier Selection
- 14.2 Key Global Players
- 14.3 Key Regional Players
- 14.4 Key Player Strategies
- 14.5 Company Profiles
- 14.5.1 IBM Corp.
- 14.5.1.1 Company Overview
- 14.5.1.2 Product Portfolio
- 14.5.1.3 Demographic Reach and Achievements
- 14.5.1.4 Certifications
- 14.5.2 Microsoft Corp.
- 14.5.2.1 Company Overview
- 14.5.2.2 Product Portfolio
- 14.5.2.3 Demographic Reach and Achievements
- 14.5.2.4 Certifications
- 14.5.3 Cisco Systems Inc.
- 14.5.3.1 Company Overview
- 14.5.3.2 Product Portfolio
- 14.5.3.3 Demographic Reach and Achievements
- 14.5.3.4 Certifications
- 14.5.4 Fortinet Inc.
- 14.5.4.1 Company Overview
- 14.5.4.2 Product Portfolio
- 14.5.4.3 Demographic Reach and Achievements
- 14.5.4.4 Certifications
- 14.5.5 Oracle Corp.
- 14.5.5.1 Company Overview
- 14.5.5.2 Product Portfolio
- 14.5.5.3 Demographic Reach and Achievements
- 14.5.5.4 Certifications
- 14.5.6 Dell Inc.
- 14.5.6.1 Company Overview
- 14.5.6.2 Product Portfolio
- 14.5.6.3 Demographic Reach and Achievements
- 14.5.6.4 Certifications
- 14.5.7 Rapid7 Inc.
- 14.5.7.1 Company Overview
- 14.5.7.2 Product Portfolio
- 14.5.7.3 Demographic Reach and Achievements
- 14.5.7.4 Certifications
- 14.5.8 Juniper Networks, Inc.
- 14.5.8.1 Company Overview
- 14.5.8.2 Product Portfolio
- 14.5.8.3 Demographic Reach and Achievements
- 14.5.8.4 Certifications
- 14.5.9 Trend Micro Inc.
- 14.5.9.1 Company Overview
- 14.5.9.2 Product Portfolio
- 14.5.9.3 Demographic Reach and Achievements
- 14.5.9.4 Certifications
- 14.5.10 Palo Alto Networks Inc.
- 14.5.10.1 Company Overview
- 14.5.10.2 Product Portfolio
- 14.5.10.3 Demographic Reach and Achievements
- 14.5.10.4 Certifications
- 14.5.11 Others
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