KSA Cybersecurity Market Growth, Share, Scope, Opportunities and Future Trends 2022-2032: SPER Market Research

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Published: Dec 2022	Report ID: IACT2240	Pages: 1 - 236	Formats^*:
Category : Information & Communications Technology

KSA Cybersecurity Market Overview

According to SPER Market Research, the KSA Cybersecurity Market is estimated to reach USD 0.94 billion by 2032 with a CAGR of 10.04%.

The goal of cybersecurity, also known as information technology (IT) security, is to defend against cyberattacks on networks, systems, mobile devices, software, and data. It is the use of technology, procedures, and policies to defend sensitive data and important systems against cyberattacks. The Saudi Arabian cybersecurity market is primarily driven by high-end expenditures made by both public and private entities in the acquisition of cutting-edge cybersecurity solutions as well as supportive policies and initiatives taken by the government to increase public awareness of cyber threats.Because of the low cost, high performance, and accessibility of cloud computing services, the Saudi Arabian cybersecurity market will profit from this trend. Furthermore, it is projected that supportive government programmes like "Make in Saudi Arabia" will serve as a catalyst for the expansion of the Saudi Arabia Cybersecurity Market. The government has implemented the Security Operation Centre (SOC), which enables agencies to assume leadership in ensuring cybersecurity. The Kingdom is moving toward a new and improved method of expediting the stages of development linked with digital transformation, highlighting the idea of it and the various characteristics that go along with it. Therefore, it is projected that the Kingdom's growing reliance on the Internet would increase need for cybersecurity across many sectors.

Impact of COVID-19 on the KSA Cybersecurity Market

In addition to making many individuals spend more time online, COVID-19 has also sped up the development of cybersecurity in KSA. The KSA cybersecurity business was significantly impacted by the COVID-19 outbreak in terms of customer and provider behaviour. Global company growth is hampered by a number of problems, including data breaches, industrial facility closures, diminished resources, and frayed supply chains. Cybersecurity Due to an upsurge in cyberattacks, market solutions have been in high demand in the government, industry, and healthcare sectors during the epidemic. Important market players are concentrating on offering a range of security solutions to safeguard industrial processes against serious cyber-attacks.The surge in the cloud segment's dominance is ascribed to rising technological integration and soaring consumer digital usage after COVID-19. As enterprises transition to hybrid models and consumers choose WFH models, it is anticipated that this sector will account for the majority of market revenue in the upcoming years.

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Scope of the Report:

Report Metric	Details
Market size available for years	2019-2032
Base year considered	2021
Forecast period	2022-2032
Segments covered	By Security Type, By Solution Type, By Services, By End User, By Deployment Mode
Regions covered	Northern, Western, Eastern, Central, Southern
Companies Covered	Al Moammar Information Systems Co., Broadcom Inc., Check Point Software Technologies Ltd., Cipher, Cisco Systems Inc., Dell Technologies, FireEye Inc., Fortinet Inc., Hewlett Packard Enterprise, IBM Corporation, Kaspersky Lab, Lockheed Martin Corporation, NEC Saudi Arabia Ltd., Norton LifeLock Inc., Palo Alto Networks Inc., SAT Microsystems, Sirar by STC, Tenable Inc., Trellix, Trend Micro Incorporated

KSA Cybersecurity Market Segmentation:

1. By Security Type:

Application Security
Cloud Security
Content Security
Endpoint Security
Network Security
Others (operational security, e-mail security, etc.)

2. By Solution Type:

Antivirus & Antimalware
Data Loss Prevention
Encryption & Decryption
Firewall
Identity & Access Management
Infrastructure Security
Intrusion Detection/Prevention System
Risk & Compliance Management
Unified Threat Management
Others (Denial-of-service attack, malware, man-in-the-middle-attack, drive-by-downloads, etc.)

3. By Services:

Consulting, Design and Integration
Risk and Threat Assessment
Managed Security Service
Training and Education

4. By End User:

Aerospace, Defense and Intelligence
Banking and Financial Service Institutes
Corporates/Private Organizations
Education Technology
Government and Public Utilities
Healthcare
Manufacturing
Retail
Telecom and IT
Others

5. By Deployment Mode:

Cloud
On-premises

6. By Region:

Northern Saudi Arabia
Western Saudi Arabia
Eastern Saudi Arabia
Central Saudi Arabia
Southern Saudi Arabia

Key Topics Covered in the Report:

Size of KSA Cybersecurity Market (FY’2019-FY’2032)
Overview of KSA Cybersecurity Market
Segmentation of KSA Cybersecurity Market By Security Type (Application Security, Cloud Security, Content Security, Endpoint Security, Network Security, Others (operational security, e-mail security, etc.))
Segmentation of KSA Cybersecurity Market By Solution Type (Antivirus & Antimalware, Data Loss Prevention, Encryption & Decryption, Firewall, Identity & Access Management, Infrastructure Security, Intrusion Detection/Prevention System, Risk & Compliance Management, Unified Threat Management, Others (Denial-of-service attack, malware, man-in-the-middle-attack, drive-by-downloads, etc.))
Segmentation of KSA Cybersecurity Market By Services (Consulting, Design and Integration, Risk and Threat Assessment, Managed Security Service, Training and Education)
Segmentation of KSA Cybersecurity Market By End User (Aerospace, Defense and Intelligence, Banking and Financial Service Institutes, Corporates/Private Organizations, Education Technology, Government and Public Utilities, Healthcare, Manufacturing, Retail, Telecom and IT, Others)
Segmentation of KSA Cybersecurity Market By Deployment Mode (Cloud, On-premises)
Statistical Snap of KSA Cybersecurity Market
Growth Analysis of KSA Cybersecurity Market
Problems and Challenges in KSA Cybersecurity Market
Competitive Landscape in the KSA Cybersecurity Market
Impact of COVID-19 and Demonetization on KSA Cybersecurity Market
Details on Recent Investment in KSA Cybersecurity Market
Competitive Analysis of KSA Cybersecurity Market
Major Players in the KSA Cybersecurity Market
SWOT Analysis ofKSA Cybersecurity Market
KSA Cybersecurity Market Future Outlook and Projections (FY’2019-FY’2032)
Recommendations from Analyst

1. Introduction

1.1. Scope of the report
1.2. Market segment analysis

2. Research Methodology

2.1 Research data source

2.1.1 Secondary data
2.1.2 Primary data
2.1.3 SPER’s internal database
2.1.4 Premium insight from KOL’s

2.2 Market size estimation

2.2.1 Top-down and Bottom-up approach

2.3 Data triangulation

3. Executive Summary

4. Market Dynamics

4.1. Driver, Restraint, Opportunity and Challenges analysis

4.1.1 Drivers
4.1.2 Restraints
4.1.3 Opportunities
4.1.4 Challenges

4.2. COVID-19 Impacts of the KSA Cybersecurity Market

5. Market variables and outlook

5.1. SWOT analysis

5.1.1 Strengths
5.1.2 Weaknesses
5.1.3 Opportunities
5.1.4 Threats

5.2. PESTEL analysis

5.2.1 Political landscape
5.2.2 Economic landscape
5.2.3 Social landscape
5.2.4 Technological landscape
5.2.5 Environmental landscape
5.2.6 Legal landscape

5.3. PORTER’S five forces analysis

5.3.1 Bargaining power of suppliers
5.3.2 Bargaining power of Buyers
5.3.3 Threat of Substitute
5.3.4 Threat of new entrant
5.3.5 Competitive rivalry

5.4.Heat map analysis

6. Competitive Landscape

6.1. KSA Cybersecurity Base Distribution, Sales Area, Product Type
6.2. Mergers & Acquisitions, Partnerships, Product Launch, and Collaboration in KSA Cybersecurity Market

7. KSA Cybersecurity Market, By Security Type, 2019-2032 (USD Million)

7.1. Application Security
7.2. Cloud Security
7.3. Content Security
7.4. Endpoint Security
7.5. Network Security
7.6. Others (operational security, e-mail security, etc.)

8. KSA Cybersecurity Market, By Solution Type, 2019-2032 (USD Million)

8.1. Antivirus & Antimalware
8.2. Data Loss Prevention
8.3. Encryption & Decryption
8.4. Firewall
8.5. Identity & Access Management
8.6. Infrastructure Security
8.7. Intrusion Detection/Prevention System
8.8. Risk & Compliance Management
8.9. Unified Threat Management
8.10. Others (Denial-of-service attack, malware, man-in-the-middle-attack, drive-by-downloads, etc.)

9. KSA Cybersecurity Market, By Services, 2019-2032 (USD Million)

9.1. Consulting, Design and Integration
9.2. Risk and Threat Assessment
9.3. Managed Security Service
9.4. Training and Education

10. KSA Cybersecurity Market, By End User, 2019-2032 (USD Million)

10.1. Aerospace, Defense and Intelligence
10.2. Banking and Financial Service Institutes
10.3. Corporates/Private Organizations
10.4. Education Technology
10.5. Government and Public Utilities
10.6. Healthcare
10.7. Manufacturing
10.8. Retail
10.9. Telecom and IT
10.10. Others

11. KSA Cybersecurity Market, By Deployment Mode, 2019-2032 (USD Million)

11.1. Cloud
11.2. On-premises

12. KSA Cybersecurity Market, By Region, 2019-2032 (USD Million)

12.1. KSA Cybersecurity Size and Market Share by Region (2019-2025)
12.2. KSA Cybersecurity Size and Market Share by Region (2026-2032)

12.3. Northern Saudi Arabia
12.4. Western Saudi Arabia
12.5. Eastern Saudi Arabia
12.6. Central Saudi Arabia
12.7. Southern Saudi Arabia

13. Company Profiles

13.1. Al Moammar Information Systems Co.

13.1.1. Company details
13.1.2. Financial outlook
13.1.3. Product summary
13.1.4. Recent developments

13.2. Broadcom Inc.

13.2.1. Company details
13.2.2. Financial outlook
13.2.3. Product summary
13.2.4. Recent developments

13.3. Check Point Software Technologies Ltd.

13.3.1. Company details
13.3.2. Financial outlook
13.3.3. Product summary
13.3.4. Recent developments

13.4. Cipher

13.4.1. Company details
13.4.2. Financial outlook
13.4.3. Product summary
13.4.4. Recent developments

13.5. Cisco Systems Inc.

13.5.1. Company details
13.5.2. Financial outlook
13.5.3. Product summary
13.5.4. Recent developments

13.6. Dell Technologies

13.6.1. Company details
13.6.2. Financial outlook
13.6.3. Product summary
13.6.4. Recent developments

13.7. FireEye Inc.

13.7.1. Company details
13.7.2. Financial outlook
13.7.3. Product summary
13.7.4. Recent developments

13.8. Fortinet Inc.

13.8.1. Company details
13.8.2. Financial outlook
13.8.3. Product summary
13.8.4. Recent developments

13.9. Hewlett Packard Enterprise

13.9.1. Company details
13.9.2. Financial outlook
13.9.3. Product summary
13.9.4. Recent developments

13.10. IBM Corporation

13.10.1. Company details
13.10.2. Financial outlook
13.10.3. Product summary
13.10.4. Recent developments

13.11. Kaspersky Lab

13.11.1. Company details
13.11.2. Financial outlook
13.11.3. Product summary
13.11.4. Recent developments

13.12. Lockheed Martin Corporation

13.12.1. Company details
13.12.2. Financial outlook
13.12.3. Product summary
13.12.4. Recent developments

13.13. NEC Saudi Arabia Ltd.

13.13.1. Company details
13.13.2. Financial outlook
13.13.3. Product summary
13.13.4. Recent developments

13.14. Norton LifeLock Inc.

13.14.1. Company details
13.14.2. Financial outlook
13.14.3. Product summary
13.14.4. Recent developments

13.15. Palo Alto Networks Inc.

13.15.1. Company details
13.15.2. Financial outlook
13.15.3. Product summary
13.15.4. Recent developments

13.16. SAT Microsystems

13.16.1. Company details
13.16.2. Financial outlook
13.16.3. Product summary
13.16.4. Recent developments

13.17. Sirar by STC

13.17.1. Company details
13.17.2. Financial outlook
13.17.3. Product summary
13.17.4. Recent developments

13.18. Tenable Inc.

13.18.1. Company details
13.18.2. Financial outlook
13.18.3. Product summary
13.18.4. Recent developments

13.19. Trellix

13.19.1. Company details
13.19.2. Financial outlook
13.19.3. Product summary
13.19.4. Recent developments

13.20. Trend Micro Incorporated

13.20.1. Company details
13.20.2. Financial outlook
13.20.3. Product summary
13.20.4. Recent developments

14. List of Abbreviations

15. Reference Links

16. Conclusion

17. Research Scope

SPER Market Research’s methodology uses great emphasis on primary research to ensure that the market intelligence insights are up to date, reliable and accurate. Primary interviews are done with players involved in each phase of a supply chain to analyze the market forecasting. The secondary research method is used to help you fully understand how the future markets and the spending patterns look likes.

The report is based on in-depth qualitative and quantitative analysis of the Product Market. The quantitative analysis involves the application of various projection and sampling techniques. The qualitative analysis involves primary interviews, surveys, and vendor briefings. The data gathered as a result of these processes are validated through experts opinion. Our research methodology entails an ideal mixture of primary and secondary initiatives.

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SPER-Methodology-2

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Frequently Asked Questions About This Report

How big is the KSA Cybersecurity Market?

The KSA Cybersecurity Market is projected to reach USD 0.94 billion by 2032, growing at a CAGR of 10.04% during the forecast period.

What is the growth rate of the KSA Cybersecurity Market?

The KSA Cybersecurity Market grew in market size from 2021. The Market is expected to reach USD 0.94 billion by 2032, at a CAGR of 10.04% during the forecast period.

What is the anticipated CAGR of the KSA Cybersecurity Market during the forecast period?

The KSA Cybersecurity Market CAGR of 10.04% during the forecast period.

How can I get the sample report on the KSA Cybersecurity Market?

You can get the sample pages by clicking the link -Click Here

What is the market size of the KSA Cybersecurity Market?

The KSA Cybersecurity Market size is USD 0.94 billion from 2022 to 2032.

Which segment is expected to lead the KSA Cybersecurity Market?

The KSA Cybersecurity Market segment is Covered By Security Type, By Solution Type, By Services, By End User, By Deployment Mode.

Which region is expected to have the highest market share in the KSA Cybersecurity Market?

The Middle East region is anticipated to have the highest market share in the KSA Cybersecurity Market.

Who are the key players in KSA Cybersecurity Market?

The key players in the market include Companies Covered Al Moammar Information Systems Co., Broadcom Inc., Check Point Software Technologies Ltd., Cipher, Cisco Systems Inc., Dell Technologies, FireEye Inc., Fortinet Inc., Hewlett Packard Enterprise, IBM Corporation, Kaspersky Lab, Lockheed Martin Corporation, NEC Saudi Arabia Ltd., Norton LifeLock Inc., Palo Alto Networks Inc., SAT Microsystems, Sirar by STC, Tenable Inc., Trellix, Trend Micro Incorporated.

What is the conclusion of the KSA Cybersecurity Market?

The Kingdom is moving toward a new and improved method of expediting the stages of development linked with digital transformation, highlighting the idea of it and the various characteristics that go along with it. Therefore, it is projected that the Kingdom's growing reliance on the Internet would increase need for cybersecurity across many sectors.