The Saudi Arabia Cyber Security Market is Projected to Grow at a CAGR of 12.4% During 2020-26
The Saudi Arabia cybersecurity market is anticipated to witness strong growth over the coming years owing to the rapid increase in cyber-attacks and threats and growing adoption of cloud computing, IoT across various industries. Furthermore, growing awareness about cybersecurity products and government regulations mandating cybersecurity governance such as Cyber Security Framework by SAMA (Saudi Arabian Monetary Authority) would also supplement the growth of the market in the coming years. However, the ongoing global pandemic COVID-19 is expected to hamper the overall economic growth of Saudi Arabia, thus, restraining the growth of the cybersecurity market of Saudi Arabia as well.
According to this research, the Saudi Arabia Cyber Security Market is projected to grow at a CAGR of 12.4% during 2020-26. Saudi Arabia’s natural resources and the geopolitical tensions of the Middle Eastern region have made Saudi Arabia one of the prime targets for hackers. These developments have necessitated private and public sector enterprises to boost their cyberinfrastructure in order to protect their data. This has also led to massive government investment in the IT sector to boost cybersecurity across various domains. Additionally. Saudi Arabia has identified cybersecurity as one of the key goals in its National Transformation Program 2020.
Efforts to diversify the economy under Vision 2030 are likely to play a key role in increasing digitalization and thereby supporting the growing demand for cybersecurity solutions. The government and defense sector is anticipated to dominate the cybersecurity market in the coming years. However, owing to diversification, healthcare and telecom domains are anticipated to grow at a fast pace as well.
The report thoroughly covers the market by types, deployment, verticals, and regions.
The outlook report provides an unbiased and detailed analysis of the on-going market share along with Market trends, opportunities/high growth areas and market drivers which would help the stakeholders to device and align their market strategies according to the current and future market dynamics.
Key Highlights of the Report
- Saudi Arabia Cyber Security Market Size and Saudi Arabia Cyber Security Market Forecast, Until 2026
- Historical Data and Forecast of Saudi Arabia Cyber Security Market Revenues, By Types, for the period 2016-2026
- Historical Data and Forecast of Saudi Arabia Cyber Security Market Revenues, By Deployment, for the period 2016-2026
- Historical Data and Forecast of Saudi Arabia Cyber Security Market Revenues, By Verticals, for the period 2016-2026
- Historical Data and Forecast of Saudi Arabia Cyber Security Market Revenues, By Regions, for the period 2016-2026
- Market Drivers and Restraints
- Porter’s Five Force Analysis
- Market Trends and Industry Life Cycle
- Market Opportunity Assessment
- Market Share and Player’s Revenue Shares
- Competitive Benchmarking
- Company Profiles
- Key Strategic Recommendations
Markets Covered
The report provides a detailed analysis of the following market segments:
By Type
- Consumer Software
- Enterprise Cyber Security Products
- Identity Access Management (IAM)
- Data Loss Prevention (DLP)
- Endpoint Protection
- Firewall
- Intrusion Prevention System (IPS)
- Secure Email Gateway (SEG)
- Secure Web Gateway (SWG)
- Security information and event management (SIEM)
- Testing
- Other Software (DDoS, Risk and Compliance etc.)
- Enterprise Cyber Security Services
- Managed Security Services
- Outsourcing, Implementation, and Hardware Support
- Consulting Services
By Deployment
- Cloud
- On-Premises
By Verticals
- Government and Defence
- BFSI
- Retail
- Hospitality and Healthcare
- IT and Telecom
- Energy Utilities
- Manufacturing
- Others (Water Treatment Plants, Chemical Industry, etc.)
By Regions
- Central
- Western
- Eastern
- Southern
Table of Contents
1. Executive Summary
2. Introduction
2.1. Report Description
2.2. Key Highlights
2.3. Market Scope & Segmentation
2.4. Research Methodology
2.5. Assumptions
3. Saudi Arabia Cyber Security Market Overview
3.1. Saudi Arabia Cyber Security Market Revenues, 2016-2026F
3.2. Saudi Arabia Cyber Security Market- Industry Life Cycle
3.3. Saudi Arabia Cyber Security Market - Porter’s Five Forces
3.4. Saudi Arabia Cyber Security Market Revenue Share, By Types, 2019 & 2026F
3.5. Saudi Arabia Cyber Security Market Revenue Share, By Deployment, 2019 & 2026F
3.6. Saudi Arabia Cyber Security Market Revenue Share, By Verticals, 2019 & 2026F
3.7. Saudi Arabia Cyber Security Market Revenue Share, By Regions, 2019 & 2026F
4. Saudi Arabia Cyber Security Market Dynamics
4.1. Impact Analysis
4.2. Market Drivers
4.3. Market Restraints
5. Saudi Arabia Cyber Security Market Trends
6. Saudi Arabia Cyber Security Market Overview, By Types
6.1. Saudi Arabia Cyber Security Market Revenues, By Consumer Software, 2016-2026F
6.2. Saudi Arabia Cyber Security Market Revenues, By Enterprise Cyber Security Products, 2016-2026F
6.2.1. Saudi Arabia Cyber Security Market Revenue Share, By Enterprise Cyber Security Product Types, 2019 & 2026F
6.2.2. Saudi Arabia Cyber Security Market Revenues, By Enterprise Cyber Security Product Types, 2016-2026F
6.3. Saudi Arabia Cyber Security Market Revenues, By Enterprise Cyber Security Services, 2016-2026F
6.3.1. Saudi Arabia Cyber Security Market Revenue Share, By Enterprise Cyber Security Service Types, 2019 & 2026F
6.3.2. Saudi Arabia Cyber Security Market Revenues, By Enterprise Cyber Security Service Types, 2016-2026F
7. Saudi Arabia Cyber Security Market Overview, By Deployment
7.1. Saudi Arabia Cyber Security Market Revenues, By Cloud, 2016-2026F
7.2. Saudi Arabia Cyber Security Market Revenues, By On-Premises, 2016-2026F
8. Saudi Arabia Cyber Security Market Overview, By Verticals
8.1. Saudi Arabia Cyber Security Market Revenues, By Government and Defense, 2016-2026F
8.2. Saudi Arabia Cyber Security Market Revenues, By BFSI, 2016-2026F
8.3. Saudi Arabia Cyber Security Market Revenues, By Retail, 2016-2026F
8.4. Saudi Arabia Cyber Security Market Revenues, By Healthcare and Hospitality, 2016-2026F
8.5. Saudi Arabia Cyber Security Market Revenues, By IT and Telecom, 2016-2026F
8.6. Saudi Arabia Cyber Security Market Revenues, By Energy and Utilities, 2016-2026F
8.7. Saudi Arabia Cyber Security Market Revenues, By Manufacturing, 2016-2026F
8.8. Saudi Arabia Cyber Security Market Revenues, By Others, 2016-2026F
9. Saudi Arabia Cyber Security Market Overview, By Regions
9.1. Saudi Arabia Cyber Security Market Revenues, By Central Region, 2016-2026F
9.2. Saudi Arabia Cyber Security Market Revenues, By Western Region, 2016-2026F
9.3. Saudi Arabia Cyber Security Market Revenues, By Eastern Region, 2016-2026F
9.4. Saudi Arabia Cyber Security Market Revenues, By Southern Region, 2016-2026F
10. Saudi Arabia Cyber Security Market - Key Performance Indicators
11. Saudi Arabia Cyber Security Market - Opportunity Assessment
11.1. Saudi Arabia Cyber Security Market Opportunity Assessment, By Types, 2026F
11.2. Saudi Arabia Cyber Security Market Opportunity Assessment, By Deployment, 2026F
11.3. Saudi Arabia Cyber Security Market Opportunity Assessment, By Verticals, 2026F
12. Saudi Arabia Cyber Security Market - Competitive Landscape
12.1. Saudi Arabia Cyber Security Market Company Revenue Ranking, By Company, 2019
13. Company Profiles
13.1. Cisco Systems Inc.
13.2. Fortinet Inc.
13.3 Palo Alto Networks Inc.
13.4. Broadcom Inc.
13.5. Trend Micro Inc.
13.6. Kaspersky Lab
13.7. IBM Corporation
13.8. FireEye Inc.
14. Key Strategic Recommendation
15. Disclaimer
List of Figures
Figure 1. Saudi Arabia Cyber Security Market Revenues, 2016-2026F ($ Billion)
Figure 2. Saudi Arabia Cyber Security Market - Industry Life Cycle, 2019
Figure 3. Saudi Arabia Cyber Security Market Revenue Share, By Types, 2019 & 2026F
Figure 4. Saudi Arabia Cyber Security Market Revenue Share, By Deployment, 2019 & 2026F
Figure 5. Saudi Arabia Cyber Security Market Revenue Share, By Verticals, 2019 & 2026F
Figure 6. Saudi Arabia Cyber Security Market Revenue Share, By Regions, 2019 & 2026F
Figure 7. Saudi Arabia ICT Market Spending, 2016-2022F ($ Billion)
Figure 8. Saudi Arabia IoT Spending, 2018-2023F ($ Million)
Figure 9. Saudi Arabia Cloud Implementation Roadmap, 2018-20E
Figure 10. Saudi Arabia Cyber Security Market Revenues, By Consumer Software, 2016-2026F ($ Million)
Figure 11. Saudi Arabia Cyber Security Market Revenues, By Enterprise Cyber Security Products, 2016-2026F ($ Million)
Figure 12. Saudi Arabia Cyber Security Market Revenue Share, By Enterprise Cyber Security Product Types, 2019 & 2026F
Figure 13. Saudi Arabia Cyber Security Market Revenues, By Enterprise Cyber Security Services, 2016-2026F ($ Million)
Figure 14. Saudi Arabia Cyber Security Market Revenue Share, By Enterprise Cyber Security Services Types, 2019 & 2026F
Figure 15. Saudi Arabia Cyber Security Market Revenues, By Deployment, 2016-2026F ($ Million)
Figure 16. Saudi Arabia Cyber Security Market Revenues, By Government and Defense, 2016-2026F ($ Million)
Figure 17. Saudi Arabia Cyber Security Market Revenues, By BFSI, 2016-2026F ($ Million)
Figure 18. Saudi Arabia Cyber Security Market Revenues, By Retail, 2016-2026F ($ Million)
Figure 19. Saudi Arabia Cyber Security Market Revenues, By Healthcare and Hospitality, 2016-2026F ($ Million)
Figure 20. Saudi Arabia Cyber Security Market Revenues, By IT and Telecom, 2016-2026F ($ Million)
Figure 21. Saudi Arabia Cyber Security Market Revenues, By Energy and Utilities, 2016-2026F ($ Million)
Figure 22. Saudi Arabia Cyber Security Market Revenues, By Manufacturing, 2016-2026F ($ Million)
Figure 23. Saudi Arabia Cyber Security Market Revenues, By Other Verticals, 2016-2026F ($ Million)
Figure 24. Saudi Arabia Cyber Security Market Revenues, By Regions, 2016-2026F ($ Million)
Figure 25. Saudi Arabia Big Data Market, 2016-2018 ($ Million)
Figure 26. Saudi Arabia E-commerce Market Revenues, 2018-24F ($ Million)
Figure 27. Saudi Arabia Projected Food and Beverages Market Size, 2018-2021F (SAR Billion)
Figure 28. Saudi Arabia Cyber Security Market Opportunity Assessment, By Types, 2026F
Figure 29. Saudi Arabia Cyber Security Market Opportunity Assessment, By Deployment, 2026F
Figure 30. Saudi Arabia Cyber Security Market Opportunity Assessment, By Verticals, 2026F
Figure 31. Saudi Arabia Cyber Security Market Revenue Ranking, By Company, 2019
Figure 32. Saudi Arabia Cyber Security Market - Ansoff Matrix
List of Tables
Table 1. Saudi Arabia Cyber Security Market Revenues, By Enterprise Cyber Security Products Types, 2016-2026F ($ Million)
Table 2. Saudi Arabia Cyber Security Market Revenues, By Enterprise Cyber Security Service Types, 2016-2026F ($ Million)
Samples
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Companies Mentioned
- Broadcom Inc.
- Cisco Systems Inc.
- FireEye Inc.
- Fortinet Inc.
- IBM Corporation
- Kaspersky Lab
- Palo Alto Networks Inc.
- Trend Micro Inc.
