Middle East and Africa Cybersecurity Market by Component 2018-2023 | MEA Cybersecurity Market

According to new market research report on "MEA Cybersecurity Market by Solution (IAM, Encryption, DLP, UTM, Antivirus/Antimalware, Firewall, IDS/IPS, Disaster Recovery), Service (Professional and Managed), Security Type, Deployment Mode, Organization Size, Vertical, and Country - Forecast to 2023", The MEA cybersecurity market size is expected to grow from USD 15.66 billion in 2018 to USD 31.82 billion by 2023, at a Compound Annual Growth Rate (CAGR) of 15.2% during the forecast period.

Cyber security solutions and services help enterprises protect their endpoints, networks, applications, and cloud environments from advanced threats, such as malwares, ransomwares, Distributed Denial of Service (DDoS) attacks, and Advanced Persistent Threats (APTs). The increasing demand among Small and Medium-sized Enterprises (SMEs) operating across industry verticals and regions would drive the market growth during the forecast period.

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Application security segment to grow at the highest CAGR during the forecast period

The application security segment is expected to grow at the highest CAGR during the forecast period. The proliferation of mobile devices, Bring Your Own Device (BYOD) trend, and workstations has significantly increased the use of application security solutions across enterprises. Increasing attacks on enterprise applications in major industry verticals, such as energy and utilities, Banking, Financial Services, and Insurance (BFSI), and IT and telecom, would drive the demand for application security solutions.

The network security segment is expected to hold the highest  market share and continue to dominate the market during the forecast period, due to the growing instances of advanced threats on networks.

Healthcare vertical to grow at the highest CAGR during the forecast period

The healthcare industry vertical is expected to hold the highest market share and grow at the highest CAGR during the forecast period, due to the technological proliferation of healthcare applications and increased instances of healthcare data thefts and breaches. The adoption of cybersecurity solutions provides advanced protection from threats, without affecting operational efficiency.

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Middle East to hold a larger market size, whereas Africa to grow at the highest CAGR during the forecast period

The Middle East is expected to hold the largest market size and dominate the MEA cybersecurity market from 2018 to 2023, due to the growing demand for cybersecurity solutions across industry verticals, such as energy and utilities, government and defense, IT and telecom, and healthcare. Owing to the rising adoption of mobile devices and BYOD trend, the cybersecurity solutions in the Middle East would gain traction during the forecast period. The African cybersecurity market is projected to witness substantial growth, as SMEs and large enterprises in the region are rapidly adopting cybersecurity solutions to ensure the security of their endpoints and mobile devices.

Major vendors in the MEA cybersecurity market include IBM (US) , CA Technologies (US), Check Point (US), Cisco (US), CyberArk (Israel), DarkMatter (UAE), DXC Technology (US), F5 Networks (US), FireEye (US), Forcepoint (US), Fortinet (US), Imperva (US), Kaspersky Lab (Russia), McAfee (US), Micro Focus (UK), Microsoft (US), Oracle (US), Palo Alto Networks (US), Proofpoint (US), Rapid7 (US), Sophos (UK), Splunk (US), Symantec (US), Trend Micro (Japan), and Trustwave (US).

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Data Resiliency Market Research Report: Industrial Analysis, Trends, Opportunities by 2023

According to new market research report "Data Resiliency Market by Component (Solutions (Data Backup & Recovery, Data Archiving & E-Discovery, Disaster Recovery), Services (Professional Services & Managed Services)), Deployment, Organization Size, Vertical, and Region - Global Forecast to 2023", The global data resiliency market is expected to grow from USD 11.69 Billion in 2018 to USD 27.63 Billion by 2023, at a CAGR of 18.8% from 2018 to 2023.

The growth of the data resiliency market is primarily driven by the increasing data privacy concerns and need to ensure data security, growing adoption of cloud-based data backup and recovery solutions, and increasing data generation from various sources.

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Based on deployment, the cloud segment of the data resiliency market is projected to grow at a higher CAGR than the on-premises segment during the forecast period.

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Based on deployment, the cloud segment of the data resiliency market is projected to grow at a higher CAGR than on-premises segment during the forecast period. Cloud data resiliency solutions are cost-effective. They are capable of storing larger volumes of data than on-premises solutions. Moreover, cloud solutions offer reduced downtime in case of any failure and help easily locate the data. Cloud solutions also offer increased scalability as they allow an easy increase in the data storage limit. Majority of the small & medium enterprises are adopting cloud solutions as they help them in avoiding the costs related to hardware, software, storage, and technical staff.

Based on organization size, the small & medium enterprises segment of the data resiliency market is projected to grow at a higher CAGR than the large enterprises segment from 2018 to 2023.

Based on organization size, the small & medium enterprises segment of the data resiliency market is expected to witness higher growth than the large enterprises segment during the forecast period. Cost-effectiveness is important for Small & Medium Enterprises (SMEs) as they have limited budgets. Hence, these enterprises face greater resource crunch than large enterprises and as such, require improved methods to resolve complexities to ensure effective cost optimization of their business processes. The implementation of cloud-based data resiliency solutions is expected to result in increased revenues, desired business outcomes, and improved business efficiency for SMEs.

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The North American region is expected to lead the data resiliency market in 2018.

The North American region is expected to lead the data resiliency market in 2018. The growth of the North America data resiliency market can be attributed to the presence of various key players such as IBM (US), Commvault Systems, Inc. (US), Microsoft (US), and VMware (US) in the region. Moreover, increased investments by various leading market players in R&D activities also contribute to the increased demand for data resiliency solutions in the North American region.

Some of the major vendors of data resiliency solutions are Acronis (Switzerland), Asigra Inc. (Canada), CA Technologies (US), Carbonite, Inc. (US), CenturyLink (US), Commvault Systems, Inc. (US), IBM (US), Micro Focus (UK), Microsoft (US), NetApp (US), Quest Software, Inc. (US), Unitrends (US), Veeam Software (Switzerland), Veritas Technologies LLC (US), and VMware (US).

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Security System Integrators Market Share, Size, Forecast 2022 | MarketsAndMarkets

According to market research report on "Security System Integrators Market by Security Type (Application, Endpoint, Network, Data, Risk and Compliance Management, and Business Continuity and Disaster Recovery), Organization Size, Industry Vertical, and Region - Global Forecast to 2022", is expected to grow from USD 9.76 Billion in 2017 to USD 14.72 Billion by 2022, at a Compound Annual Growth Rate (CAGR) of 8.6%.

The significant powers driving the security system integrators market are rising system complexities because of mergers and acquisitions and outsider application sending, absence of gifted cybersecurity experts in endeavors, developing security requirements for Internet of Things (IoT), Bring Your Own Device (BYOD) slants, and expanding reception of cloud-based administrations.

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The system security type is evaluated to have the biggest market share in the security system integrators market in 2017

The system security type is required to have the biggest market share and overwhelm the security system integrators market from 2017 to 2022. System security incorporates security items and administrations that are utilized to identify and counteract digital dangers in a PC system and system available assets. Indeed, even workers' cell phones, associated every minute of every day to the web and frequently unbound, make the undertakings' basic system framework powerless against different security dangers. System security shields the information from different dangers, for example, Structured Query Language (SQL) infusions, Distributed Denial of Service (DDoS) assaults, and cross-site scripting assaults.

The administration vertical is relied upon to develop at the most elevated CAGR in the security system integrators market amid the conjecture time frame

The administration vertical is relied upon to develop at the most noteworthy CAGR in the security system integrators market amid the figure periodThe government vertical is required to develop at the most astounding CAGR in the security system integrators market amid the conjecture time frame

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North America is relied upon to add to the biggest market share in the security system integrators market amid the conjecture time frame

North America is relied upon to have the biggest market share and overwhelm the security system integrators market from 2017 to 2022, because of the nearness of significant security merchants, security system integrators, and Managed Security Service Providers (MSSPs). The associations in this area are progressively receiving propelled security answers for ensure their basic IT resources. Different drivers for the expanding interest for security system integrators incorporate the requirement for administrative consistence and simple mix of security arrangements with associations' current security framework.

The significant security system integrators incorporate Cisco Systems, Inc. (US), FireEye, Inc. (US), Hewlett Packard Enterprise (HPE) Development LP (US), International Business Machines (IBM) Corporation (US), McAfee, LLC (US), Accenture BCR (Ireland), Cognizant Technology Solutions U.S. Organization (US), Deloitte Touche Tohmatsu Limited (US), HCL Technologies Limited (India), Wipro Limited (India), CIPHER Security LLC (US), Integrity360 (Ireland), Vandis, Inc. (US), Anchor Technologies, Inc. (US), and Innovative Solutions Co (Saudi Arabia).

Opportunities

Advancements in IoT and Development of Smart Cities Across the World

Expanded Digitalization in Developing Countries

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