Middle East & Africa Data Diode Security Products Market Forecast to 2027 - COVID-19 Impact and Regional Analysis by Type (Non-Ruggedized Data Diode and Ruggedized Data Diode), and Application (Government, Oil & Gas, BFSI, and Others)

Middle East & Africa Data Diode Security Products Market Forecast to 2027 - COVID-19 Impact and Regional Analysis by Type (Non-Ruggedized Data Diode and Ruggedized Data Diode), and Application (Government, Oil & Gas, BFSI, and Others)

Market Introduction

The Gulf countries are on the verge of adopting transformative digital technologies that demand the integration of security hardware between the networks to transmit data in omnidirectional flow better. The region is an aspiring adopter of technology, digital media, social media, and online entertainment. At present, many countries in the MEA region recognize the potentials of implementing ICT technologies across several industry verticals to enhance the country's socio-economic climate. For instance, Kuwait has taken up several initiatives for the development of e-government. Likewise, Saudi Arabia has been a quick adopter of electronic filing and digital payment systems, realizing a digital economy's potentials. Bahrain, Qatar, and Iran are other few gulf countries leading to digital disruption in the region. The changing consumer preferences in the region result in the rise in internet banking, which demands the integration of security hardware in the network to secure the data at the time of transmission. However, the growing digital payment industry is also attracting malicious actors, resulting in data breaches. Therefore, businesses in the region are focused on implementing the data diode security products to produce a secure, robust, and flexible infrastructure for digital banking and mobile payments. Also, soaring interest for miniaturized data diodes among various industries is expected to create a significant demand for data diode security products in the coming years, which is further anticipated to drive the data diode security products market in MEA.

The ongoing COVID-19 pandemic is adversely affecting the economies across the MEA. Iran, Saudi Arabia, Qatar, South Africa, and the UAE have high number of the COVID-19 cases and deaths. The economic and industrial growth of these countries has been affected negatively in the past few months. Economies in the region, such as the UAE, South Africa and Saudi Arabia are prospective markets for data diode security products owing to the huge presence of diverse customer base for electronics and semiconductor industries. With the adverse effects of the COVID-19 pandemic, the region is anticipated to witness the pressure on economies of various oil-based countries due to falling oil prices. In addition, the factory lockdowns, business shutdowns, and travel restrictions are aggravating the economic problems of the countries in the MEA. Hence, the growth of the MEA data diode security products market has been declined in 2020, and it is expected to continue in 2021.

Market Overview and Dynamics

The data diode security products market in MEA is expected to grow from US$ 32.58 million in 2019 to US$ 43.91 million by 2027; it is estimated to grow at a CAGR of 5.4% from 2020 to 2027. A rapid digital revolution across the world with high penetration of digital technologies, countries are possessing growth potential and zest for digital innovation to become a prominent digital economy. For this purpose, the companies across the region are undergoing digital transformation. The Internet of Things (IoT) has been implemented in all industries; at present, every buildings and machine, roads and railways, products and processes carry sensors and exchange data. Industrial and machinery plants are connected to the internet, owing to its captivating benefits such as continuous monitoring of operating and sensor data. The industrial plants that transmit data through the internet might be vulnerable. Thus, to prevent plants from vulnerability, the systems must be protected from any forms of unauthorized access. At present, data diodes in the MEA region are highly installed in the oil & gas industry. Various other sectors, such as petrochemical operations, water facilities, power generation sites, and government agencies, deploy data diode security products for the safety of their infrastructure. Thus, the rising deployment of data diode security products in various industrial applications drives the MEA market.

Key Market Segments

In terms of type, the non-ruggedized data diode segment accounted for the largest share of the MEA data diode security products market in 2019. In terms of application, the government segment held a larger market share of the MEA data diode security products market in 2019.

Major Sources and Companies Listed

A few major primary and secondary sources referred to for preparing this report on the data diode security products market in MEA are company websites, annual reports, financial reports, national government documents, and statistical database, among others. Major companies listed in the report are BAE Systems, Belden Inc., Fibersystem AB, Forcepoint, Fox-IT Holding B.V., Rohde & Schwarz GmbH & Co. VADO Security Technologies Ltd.

MEA Data Diode Security Products Market Segmentation

MEA Data Diode Security Products Market - By Type

Non-Ruggedized Data Diode
Ruggedized Data Diode

MEA Data Diode Security Products Market - By Application

Government
Oil & Gas
BFSI
Others

MEA Data Diode Security Products Market - By Country

Saudi Arabia
South Africa
UAE
Rest of MEA

MEA Data Diode Security Products Market - Company Profiles

BAE Systems
Belden Inc.
Fibersystem AB
Forcepoint
Fox-IT Holding B.V.
Rohde & Schwarz GmbH & Co.
VADO Security Technologies Ltd.

Reasons to Buy

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The key findings and recommendations highlight crucial progressive industry trends in the MEA data diode security products market, thereby allowing players across the value chain to develop effective long-term strategiesDevelop/modify business expansion plans by using substantial growth offering developed and emerging markets.Scrutinize in-depth MEA market trends and outlook coupled with the factors driving the data diode security products market, as well as those hindering it.Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to client products, segmentation, pricing and distribution


1. Introduction
1.1 Study Scope
1.2 The Insight Partners Research Report Guidance
1.3 Market Segmentation
2. Key Takeaways
3. Research Methodology
3.1 Coverage
3.2 Secondary Research
3.3 Primary Research
4. MEA Data Diode Security Products Market Landscape
4.1 Market Overview
4.2 MEA PEST Analysis
4.3 Ecosystem Analysis
4.4 Expert Opinions
5. MEA Data Diode Security Products Market – Key Market Dynamics
5.1 Market Drivers
5.1.1 Guarding of Prime Infrastructure
5.1.2 Data Diode Security Products at Huge Demand Among Industrial Applications
5.2 Market Restraints
5.2.1 Constraints Linked with TCP/IP Protocol
5.3 Market Opportunities
5.3.1 Surging Drift Toward Industrial Control System
5.4 Future Trends
5.4.1 Soaring Interests for Miniaturized Data Diodes
5.5 Impact Analysis of Drivers and Restraints
6. Data Diode Security Products Market –MEA Analysis
6.1 MEA Data Diode Security Products Market Overview
6.2 MEA Data Diode Security Products Market – Revenue and Forecast to 2027 (US$ Million)
6.3 Market Positioning – Five Key Players
7. MEA Data Diode Security Products Market Analysis – By Type
7.1 Overview
7.2 MEA Data Diode Security Products Market, By Type (2019 and 2027)
7.2.1 Overview
7.2.2 Non-Ruggedized Data Diode: Data Diode Security Products Market – Revenue and Forecast to 2027 (US$ Million)
7.3 Ruggedized Data Diode
7.3.1 Overview
7.3.2 Ruggedized Data Diode: Data Diode Security Products Market – Revenue and Forecast to 2027 (US$ Million)
8. MEA Data Diode Security Products Market Analysis – By Application
8.1 Overview
8.2 MEA Data Diode Security Products Market Breakdown, by Application, 2019 & 2027
8.3 BFSI
8.3.1 Overview
8.3.2 BFSI Market Revenue and Forecast to 2027 (US$ Million)
8.4 Government
8.4.1 Overview
8.4.2 Government Business Market Revenue and Forecast to 2027 (US$ Million)
8.5 Oil & Gas
8.5.1 Overview
8.5.2 Oil & Gas Delivery Market Revenue and Forecast to 2027 (US$ Million)
8.6 Others
8.6.1 Overview
8.6.2 Others Market Revenue and Forecast to 2027 (US$ Million)
9. MEA Data Diode Security Products Market – Country Analysis
9.1 Overview
9.1.1 MEA: Data Diode Security Products Market, by Key Country
9.1.1.1 South Africa: Data Diode Security Products Market – Revenue and Forecast to 2027 (US$ Million)
9.1.1.1.1 South Africa: Data Diode Security Products Market, by Type
9.1.1.1.2 South Africa: Data Diode Security Products Market, by Application
9.1.1.2 Saudi Arabia: Data Diode Security Products Market – Revenue and Forecast to 2027 (US$ Million)
9.1.1.2.1 Saudi Arabia: Data Diode Security Products Market, by Type
9.1.1.2.2 Saudi Arabia: Data Diode Security Products Market, by Application
9.1.1.3 UAE: Data Diode Security Products Market – Revenue and Forecast to 2027 (US$ Million)
9.1.1.3.1 UAE: Data Diode Security Products Market, by Type
9.1.1.3.2 UAE: Data Diode Security Products Market, by Application
9.1.1.4 Rest of MEA: Data Diode Security Products Market – Revenue and Forecast to 2027 (US$ Million)
9.1.1.4.1 Rest of MEA: Data Diode Security Products Market, by Type
9.1.1.4.2 Rest of MEA: Data Diode Security Products Market, by Application
10. MEA Data Diode Security Products Market- COVID-19 Impact Analysis
10.1 MEA: Impact assessment of COVID-19 Pandemic
11. Data Diode Security Products Market-Industry Landscape
11.1 Overview
11.2 Market Initiative
11.3 New Development
12. Company Profiles
12.1 BAE SYSTEMS PLC
12.1.1 Key Facts
12.1.2 Business Description
12.1.3 Products and Services
12.1.4 Financial Overview
12.1.5 SWOT Analysis
12.1.6 Key Developments
12.2 Belden Incorporated (Grass Valley)
12.2.1 Key Facts
12.2.2 Business Description
12.2.3 Products and Services
12.2.4 Financial Overview
12.2.5 SWOT Analysis
12.2.6 Key Developments
12.3 Fibersystem AB
12.3.1 Key Facts
12.3.2 Business Description
12.3.3 Products and Services
12.3.4 Financial Overview
12.3.5 SWOT Analysis
12.3.6 Key Developments
12.4 FORCEPOINT
12.4.1 Key Facts
12.4.2 Business Description
12.4.3 Products and Services
12.4.4 Financial Overview
12.4.5 SWOT Analysis
12.4.6 Key Developments
12.5 Fox-IT
12.5.1 Key Facts
12.5.2 Business Description
12.5.3 Products and Services
12.5.4 Financial Overview
12.5.5 SWOT Analysis
12.5.6 Key Developments
12.6 Rohde & Schwarz GmbH & Co.
12.6.1 Key Facts
12.6.2 Business Description
12.6.3 Products and Services
12.6.4 Financial Overview
12.6.5 SWOT Analysis
12.6.6 Key Developments
12.7 VADO Security Technologies Ltd.
12.7.1 Key Facts
12.7.2 Business Description
12.7.3 Products and Services
12.7.4 Financial Overview
12.7.5 SWOT Analysis
12.7.6 Key Developments
13. Appendix
13.1 About The Insight Partners
13.2 Word Index
LIST OF TABLES
Table 1. MEA Data Diode Security Products Market – Revenue and Forecast to 2027 (US$ Million)
Table 2. MEA Data Diode Security Products Market, by Country – Revenue and Forecast to 2027 (USD Million)
Table 3. South Africa: Data Diode Security Products Market, by Type – Revenue and Forecast to 2027 (US$ Million)
Table 4. South Africa: Data Diode Security Products Market, by Application – Revenue and Forecast to 2027 (US$ Million)
Table 5. Saudi Arabia: Data Diode Security Products Market, by Type – Revenue and Forecast to 2027 (US$ Million)
Table 6. Saudi Arabia: Data Diode Security Products Market, by Application – Revenue and Forecast to 2027 (US$ Million)
Table 7. UAE: Data Diode Security Products Market, by Type – Revenue and Forecast to 2027 (US$ Million)
Table 8. UAE: Data Diode Security Products Market, by Application – Revenue and Forecast to 2027 (US$ Million)
Table 9. Rest of MEA: Data Diode Security Products Market, by Type – Revenue and Forecast to 2027 (US$ Million)
Table 10. Rest of MEA: Data Diode Security Products Market, by Application – Revenue and Forecast to 2027 (US$ Million)
Table 11. List of Abbreviation
LIST OF FIGURES
Figure 1. MEA Data Diode Security Products Market Segmentation
Figure 2. MEA Data Diode Security Products Market Segmentation – By Country
Figure 3. MEA Data Diode Security Products Market Overview
Figure 4. Non-Ruggedized Data Diode Segment is Expected to Dominate the Market by Type
Figure 5. Government Segment is Expected to Witness the High Growth During the Forecast Period 2020-2027
Figure 6. South Africa to Show Great Traction During Forecast Period
Figure 7. MEA PEST Analysis
Figure 8. Ecosystem Analysis
Figure 9. MEA Data Diode Security Products Market: Impact Analysis of Drivers and Restraints
Figure 10. MEA Data Diode Security Products Market – Revenue and Forecast to 2027 (US$ Million)
Figure 11. MEA Data Diode Security Products Market Revenue Share, by Type (2019 and 2027)
Figure 12. MEA Non-Ruggedized Data Diode: Data Diode Security Products Market – Revenue and Forecast to 2027 (US$ Million)
Figure 13. MEA Ruggedized Data Diode: Data Diode Security Products Market – Revenue and Forecast to 2027 (US$ Million)
Figure 14. MEA Data Diode Security Products Market Breakdown, by Application (2019 and 2027)
Figure 15. MEA BFSI Market Revenue and Forecast to 2027(US$ Million)
Figure 16. MEA Government Business Market Revenue and Forecast to 2027(US$ Million)
Figure 17. MEA Oil & Gas Market Revenue and Forecast to 2027(US$ Million)
Figure 18. MEA Others Market Revenue and Forecast to 2027(US$ Million)
Figure 19. MEA: Data Diode Security Products Market Revenue Share, by Key Country (2019 and 2027)
Figure 20. South Africa: Data Diode Security Products Market – Revenue and Forecast to 2027 (US$ Million)
Figure 21. Saudi Arabia: Data Diode Security Products Market – Revenue and Forecast to 2027 (US$ Million)
Figure 22. UAE Data Diode Security Products Market – Revenue and Forecast to 2027 (US$ Million)
Figure 23. Rest of MEA: Data Diode Security Products Market – Revenue and Forecast to 2027 (US$ Million)
Figure 24. Impact of COVID-19 Pandemic in MEA Country Markets

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