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Cyber Security Market in the MEA 2015-2019

About cyber security

Cyber threats are internet-based attempts that disrupt or damage IT systems and hack critical information using spyware, malware, and phishing. Cyber security solutions help organizations detect, monitor, report, and counter cyber threats and maintain the confidentiality of IT systems. Increased internet penetration has led an exponential rise in sophisticated attacks on IT business infrastructure. Organizations are increasingly adopting cyber security solutions to protect critical data or any digital asset stored in a computer or any digital memory device. Cyber threats are becoming the major concern with the increase in usage of mobile devices and applications. MEA is undergoing significant economic and technological transformations, which has resulted in growth of business opportunities and improved IT infrastructure. However, the technological improvements and innovations are creating vulnerabilities and leading to increased cyber threats. The growing sophistication and penetration of cyberattacks has prompted organizations in the BFSI, government, telecom, and oil and gas sectors to adopt cyber security solutions to ensure security of critical information stored in computer systems or digital memory devices.

Technavio's analysts forecast the cyber security market in MEA region to grow at a CAGR of 14.63% over the period 2014-2019.

Covered in this Report

This report covers the present scenario and growth prospects of the cyber security market in MEA for the period 2015-2019. To calculate the market size, the report considers the revenue generated from the sales of cyber security solutions in MEA. The report also includes market insights, market description, end-user segmentation, and market landscape of the market.In addition, it provides a detailed analysis of the cyber security market in the seven major countries in MEA:

  • Saudi Arabia
  • UAE
  • Qatar
  • Egypt
  • Turkey
  • Algeria
  • Bahrain


  • Technavio's report, Cyber Security Market in MEA 2015-2019, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects in the coming years. The report includes a discussion of the key vendors operating in this market.

    Key vendors
    • BAE Systems
    • Booz Allen Hamilton
    • Cisco Systems
    • Fortinet
    • Juniper Networks
    • Raytheon
    • Symantec
    • Fortinet
    Other prominent vendors
    • Brocade Communications Systems
    • CA Technologies
    • Check Point Software Technologies
    • Citrix Systems
    • CSC
    • Emc²
    • FireEye
    • IBM
    • Northrop Grumman
    • Palo Alto Networks
    • Skybox Security
    Market driver
    • Increased use of mobile devices
    • For a full, detailed list, view our report
    Market challenge
    • High cost of deployment
    • For a full, detailed list, view our report
    Market trend
    • Demand for cloud-based security solutions
    • For a full, detailed list, view our report
    Key questions answered in this report
    • What will the market size be in 2019 and what will the growth rate be?
    • What are the key market trends?
    • What is driving this market?
    • What are the challenges to market growth?
    • Who are the key vendors in this market space?
    • What are the market opportunities and threats faced by the key vendors?
    • What are the strengths and weaknesses of the key vendors?


    Press Release

    Technavio Announces the Publication of its Research Report – Cyber Security Market in the MEA 2015-2019
    Technavio recognizes the following companies as the key players in Cyber Security Market in the MEA 2015-2019: BAE Systems plc, Booz Allen Hamilton Inc., Cisco Systems Inc., Fortinet Inc., Juniper Networks Inc., Raytheon Co. and Symantec Corp.
    Other Prominent Vendors in the market are: Brocade Communications Systems, CA Technologies, Check Point Software Technologies, Citrix Systems, CSC, Emc², FireEye, IBM, Northrop Grumman, Palo Alto Networks and Skybox Security.
    Commenting on the report, an analyst from Technavio’s team said: “Organizations find it difficult to manage standalone or integrated network components because of issues such as budget constraints and lack of resources and expertise to address security problems. Hence, organizations opt for cloud-based security solutions that are cost-effective and compatible with PCI DSS regulations and offer round-the-clock monitoring of systems. Therefore, increased demand for cloud-based cyber security solutions is expected to contribute to the growth of the cyber security market in the MEA during the forecast period.”
    According to the report, increased dependency on web applications leads to an unprecedented rise in cyber-attacks, including APTs. Unlike traditional threats, APTs can affect the IT infrastructure of an organization; they also tend to target critical infrastructures such as government websites, customer databases, and web servers, and can cause more harm than other threats. Moreover, APTs can be detected only after an attack. To belter secure their networks, organizations in the MEA are adopting network security solutions, thus driving the growth of the cyber security market in the MEA.
    Further, the report states that the cyber security market in the MEA is capital-intensive, which is one of the major challenges hindering the growth of the market.

    Companies Mentioned

    BAE Systems, Booz Allen Hamilton , Cisco Systems, Fortinet, Juniper Networks, Raytheon, Symantec, Fortinet, Brocade Communications Systems, CA Technologies, Check Point Software Technologies  , Citrix Systems, CSC, Emc², FireEye, IBM, Northrop Grumman, Palo Alto Networks, Skybox Security

    • Executive Summary
    • List of Abbreviations
    • Scope of the Report
      • Market overview
      • Product offerings
    • Market Research Methodology
      • Market research process
      • Research methodology
        • Table Market research methodology
    • Introduction
    • Emerging Trend in Cyber Security Market in Oil and Gas Sector by 2019
    • Market Insights
      • Global internet 2014
      • MEA statistics
        • Table MEA statistics
      • Global cybercrime 2014
        • Table Global cybercrime 2014
      • Cybercrime in MEA
        • Table Cybercrime in MEA
      • Impact of cyber threats
        • Table Impact of cyber threats
      • Global internet penetration 2014
        • Table Global internet penetration 2014
      • Internet penetration in MEA
        • Table Internet penetration in MEA 2014
      • Worldwide internet users
        • Table Worldwide internet users 2000-2014 (billion)
      • Internet users in Middle East
        • Table Internet users in Middle East in 2014 (millions of users)
      • Internet users in Africa
        • Table Internet users in Africa 2014 (millions of users)
      • Global security breaches in 2014
        • Table Global security breaches in 2014
      • Impact of cyber threats on BYOD adoption
      • Mobile malware attacks in Middle East in 2014
        • Table Mobile malware attacks in Middle East in 2014
    • Market Description
      • Types of cyber threats
      • Global cyber security market by type of threat 2014
        • Table Global cyber security market by type of threat 2014
      • Stages of cyber security solution
        • Table Stages of cyber security solution
      • Advantages of cyber security solution
      • Benefits for deployment of cyber security solution
    • Market Landscape
      • Market overview
      • Product lifecycle analysis
        • Product lifecycle analysis for cyber security solutions in MEA
          • Table Product lifecycle analysis for cyber security solutions in MEA
      • Global cyber security market
        • Market size and forecast
          • Table Global cyber security market 2014-2019 ($ billion)
      • Cyber security market in MEA
        • Table Cyber security market in MEA 2014
      • Market share of cyber security market in MEA 2014-2019
        • Table Market share of cyber security market in MEA 2014-2019 (percentage)
      • Cyber security market in MEA
        • Market size and forecast
          • Table Cyber security market in MEA 2014-2019 ($ billion)
      • Five forces analysis
    • Market Segmentation by End-user
      • Cyber security market in MEA by end-user
        • Table Cyber security market in MEA by end-user 2014
        • Cyber security market in MEA by end-user 2014-2019
          • Table Cyber security market in MEA by end-user 2014-2019 (%)
        • Attacks in MEA
      • Cyber security market in MEA in oil and gas sector
        • Market size and forecast
          • Table Cyber security market in MEA in oil and gas sector 2014-2019 ($ billion)
      • Cyber security market in MEA in government sector
        • Market size and forecast
          • Table Cyber security market in MEA in government sector 2014-2019 ($ billion)
      • Cyber security market in MEA in BFSI sector
        • Market size and forecast
          • Table Cyber security market in MEA in BFSI Sector 2014-2019 ($ billion)
    • Key Leading Countries
      • Table Key leading countries in cyber security market in MEA 2014
      • Saudi Arabia
      • UAE
      • Qatar
      • Egypt
      • Turkey
      • Algeria
      • Bahrain
    • Buying Criteria
    • Market Growth Drivers
    • Drivers and their Impact
    • Market Challenges
    • Impact of Drivers and Challenges
    • Market Trends
    • Trends and their Impact
    • Vendor Landscape
      • Competitive scenario
      • News updates
        • Key news
        • Mergers and acquisitions
      • List of key vendors 2014
        • Table List of key vendors 2014
      • Comparison of vendors
        • Comparison of vendors based on geographical presence
          • Table Comparison of vendors based on geographical presence
      • Description of vendors
        • BAE Systems
        • Booz Allen Hamilton
        • Cisco Systems
        • Fortinet
        • Juniper Networks
        • Raytheon
        • Symantec
      • Other prominent vendors
    • Description of Other Prominent Vendors
      • Brocade Communications Systems
        • Strengths
        • Weakness
      • CA Technologies
        • Strengths
        • Weakness
      • Check Point Software Technologies
        • Strengths
        • Weakness
      • Citrix Systems
        • Strengths
        • Weaknesses
      • CSC
        • Strengths
        • Weakness
      • Emc²
        • Strengths
        • Weakness
      • FireEye
        • Strengths
        • Weakness
      • IBM
        • Strengths
        • Weakness
      • Northrop Grumman
        • Strengths
        • Weakness
      • Palo Alto Networks
        • Strengths
        • Weaknesses
      • Skybox Security
        • Strengths
        • Weakness
    • Key Vendor Analysis
      • BAE Systems
        • Key Facts
        • Business Overview
        • Business Segmentation by Revenue 2013
          • Table BAE Systems: Business Segmentation by Revenue 2013
        • Business Segmentation by Revenue 2012 and 2013
          • Table BAE Systems: Business Segmentation by Revenue 2012 and 2013 ($ billion)
        • Geographical Segmentation by Revenue 2013
          • Table BAE Systems: Geographical Segmentation by Revenue 2013
        • Business Strategy
        • Recent Developments
        • SWOT Analysis
      • Booz Allen Hamilton
        • Key Facts
        • Business Overview
        • Key Financials 2012-2014
          • Table Booz Allen Hamilton: Key Financials 2012-2014 ($ billion)
        • Business Strategy
        • Recent Developments
        • SWOT Analysis
      • Cisco Systems
        • Key Facts
        • Business Overview
        • Business Segmentation by Revenue
          • Table Business Segmentation of Cisco Systems by Revenue 2013
          • Table Business Segmentation of Cisco Systems by Revenue 2011-2013 ($ billion)
        • Geographical Segmentation by Revenue
          • Table Geographical Segmentation of Cisco Systems by Revenue 2013
        • Business Strategy
        • Key Information
        • SWOT Analysis
      • Fortinet
        • Key Facts
        • Key Information
        • Business Overview
        • Business Segmentation by Revenue
          • Table Fortinet: Business Segmentation by Revenue 2013
        • Business Segmentation by Revenue
          • Table Fortinet: Business Segmentation by Revenue 2012 and 2013 ($ million)
        • Geographical Segmentation by Revenue
          • Table Fortinet: Geographical Segmentation by Revenue 2013
        • Business Strategy
        • Recent Developments
        • SWOT Analysis
      • Juniper Networks
        • Key Facts
        • Business Overview
        • Business Segmentation
          • Table Juniper Networks: Business Segmentation 2013
        • Business Segmentation by Revenue 2012 and 2013
          • Table Juniper Networks: Business Segmentation by Revenue 2012 and 2013 ($ billion)
        • Sales by Geography 2013
          • Table Juniper Networks: Sales by Geography 2013
        • Business Strategy
        • Recent Developments
        • SWOT Analysis
      • Raytheon
        • Key Facts
        • Business Overview
        • Business Segmentation by Revenue 2013
          • Table Raytheon: Business Segmentation by Revenue 2013
        • Business Segmentation by Revenue 2012 and 2013
          • Table Raytheon: Business Segmentation by Revenue 2012 and 2013 ($ million)
        • Geographical Segmentation by Revenue 2013
          • Table Raytheon: Geographical Segmentation by Revenue 2013
        • Business Strategy
        • Recent Developments
        • SWOT Analysis
      • Symantec
        • Key Facts
        • Business Overview
        • Business Segmentation by Revenue 2013
          • Table Symantec: Business Segmentation by Revenue 2013
        • Business Segmentation by Revenue 2013 and 2014
          • Table Symantec: Business Segmentation by Revenue 2013 and 2014 ($ million)
        • Geographical Segmentation by Revenue 2013
          • Table Symantec: Geographical Segmentation by Revenue 2013
        • Business Strategy
        • Recent Developments
        • SWOT Analysis
    • Key Takeaways
    • Assumptions
    • Other Reports in this Series

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