Middle East Cybersecurity Market Revenues to Obtain $29.9 Billion by 2025>
SB Wire
Northbrook, IL — (SBWIRE) — 01/07/2021 — According to a new market research report “Middle East Cybersecurity Market by Component (Solutions and Services), Security Type (Network Security, Endpoint Security, Cloud Security, ICS Security, and Others), Deployment Mode, Organization Size, Vertical, and Country – Global Forecast to 2025” published by MarketsandMarketsâ¢, the Middle East cybersecurity pre-COVID 19 market size is projected to grow from USD 16.1 billion in 2020 to USD 28.7 billion by 2025, at a Compound Annual Growth Rate (CAGR) of 12.2%, whereas the post-COVID 19 market size is projected to grow from USD 15.6 billion in 2020 to USD 29.9 billion by 2025, at a CAGR of 13.8% during the forecast period. The healthcare vertical is expected to grow at the highest CAGR in the Middle East cybersecurity market in Post-COVID scenario Kingdom of Saudi Arabia is expected to contribute the largest market share, whereas Israel is projected to grow at the highest rate in Post-COVID scenario The major vendors in the Middle East Cyber Security market include Check Point Software Technologies Ltd (Israel), Cisco (US), Forcepoint LLC (US), IBM Corporation (US), Sophos Ltd (UK), Fireeye (US), Huawei (China), Fortinet (US), Palo alto Networks (US), Kaspersky Lab (Russia), Mcafee (US), and Trend Micro, Inc. (Japan).
Link: http://www.sbwire.com/press-releases/middle-east-cybersecurity-market-revenues-to-obtain-299-billion-by-2025-1323097.htm