UAE Cyber Security Market Outlook Report - Market Size, Share Analysis and Forecast (2025-2034)

The UAE cyber security market reached around USD 516.34 Million in 2024. The market is projected to grow at a CAGR of 3.60% between 2025 and 2034 to reach nearly USD 735.42 Million by 2034.

UAE Cyber Security Market Growth

Between 2021 and 2023, nearly 73% of all organisations in the UAE were targeted by ransomware attacks, which is substantially higher than the global average of 65%. This has prompted a one-third increase in budgetary allocations for data security among organisations. In 2021, insurance and financial organisations accounted for nearly 48% of all cyberattacks in the Middle East. This is expected to prompt increasing investments in AI tools to further strengthen cybersecurity measures in the country, thereby leading to the market expansion.

The government of UAE imposes strict penalties on cybercrime offenders. An individual who hacks a government website can potentially undergo up to 7 years of jail sentence and can be fined Dh250,000-Dh1.5 million. For hacking non-government websites, cybercriminals are fined Dh150,000-Dh500,000 and can potentially be imprisoned for nearly 6 months. Strict legal regulations surrounding cybersecurity have played a critical role in deterring hackers and have facilitated the widespread adoption of cybersecurity solutions.

In the Global Cybersecurity Index 2020, the UAE was ranked in fifth position by the International Telecommunications Union due to its strategic commitment to ensuring cybersecurity through cooperation and capacity building. It has also taken numerous technical and organisational measures to support the creation of a safe cyberspace for businesses and consumers.

Key Trends and Developments

Rising sophisticated cyberattacks; rapid digital transformation; mainstreaming of AI and ML; and stringent government initiatives are favouring the UAE cyber security market expansion.

May 2024

CyberHive launched a suite of threat protection modules in the UAE. The launch marks the country's demand for robust network security among medium and large enterprises.

May 2024

Cybersecurity firm Practical Security Lab announced the commencement of its operations in the UAE, offering services like reverse engineering, cybersecurity, and security development to businesses and organisations.

March 2024

Permus launched its advanced cybersecurity offerings in the UAE to meet the evolving demands of businesses in sectors such as health, finance, energy, and telecommunications.

October 2023

ORYXLABS announced the launch of Cyber360, an advanced cybersecurity solution that addresses and manages the compliance and regulatory requirements of an organisation. The solution aims to automate data collection across different entities and analyse the cybersecurity profile of the supply chain, partners, and vendors.

Increasing Number of Sophisticated Cyberattacks

Cyberattacks are increasingly becoming more sophisticated, automated, and personalised as attackers are leveraging advanced technologies, complex methods, and multifaceted strategies. This is surging the need for robust cybersecurity tools and solutions.

Rapid Digital Transformation

Rapid digital transformation, coupled with the growing use of new technologies, in the UAE is surging the dependence on data, consequently expanding the attack surface and increasing its attractiveness to cybercriminals. This is emphasising the requirement for advanced cybersecurity measures.

Mainstreaming of AI and ML

Organisations are integrating innovative technologies such as machine learning and artificial intelligence in their cybersecurity strategies to enhance their preparedness against evolving cybercrimes.

Government Initiatives Boosting Cybersecurity

The UAE government is introducing various initiatives to bolster cybersecurity, enhance public awareness regarding cyber threats, and provide a safe digital environment for its citizens to support the safe digital transformation of the country.

UAE Cyber Security Market Trends

In March 2024, the UAE Cybersecurity Council launched an awareness campaign targeting citizens, government entities, and private institutions, The National Campaign for Cybersecurity. The campaign covers various aspects of cybersecurity and aims to enhance public awareness regarding various ways to protect from cyber threats such as fraud attacks and phishing.

The adoption of advanced cybersecurity tools deploying machine learning and artificial intelligence is significantly increasing as they offer real-time responsiveness, enable faster threat detection and response, improve the accuracy of potential vulnerabilities, and provide enhanced cost savings and scalability. Besides, such tools automatically identify new and emerging threats and analyse behavioural patterns to detect and block sophisticated cyberattacks.

UAE Cyber Security Industry Segmentation

UAE Cyber Security Market Report and Forecast 2025-2034 offers a detailed analysis of the market based on the following segments:

Market Breakup by Offering:

• Solutions
• Identity and Access Management
• Antivirus/Antimalware
• Encryption and Tokenisation
• Compliance and Policy Management
• Firewall
• Others
• Services

Market Breakup by Deployment Mode:

• On-Premises
• Cloud

Market Breakup by Organisation Size:

• Large Enterprises
• Small and Medium Enterprise (SMEs)

Market Breakup by Security:

• Network Security
• Cloud Security
• End Point and IOT Security
• Application Security

Market Breakup by Industry Vertical:

• BFSI
• Government
• Healthcare and Life Sciences
• Aerospace and Defence
• Manufacturing
• Others

Market Breakup by Region:

• Dubai
• Abu Dhabi
• Others

UAE Cyber Security Market Share

Based on industry vertical, the market is segmented into BFSI, government, healthcare and life sciences, aerospace and defence, and manufacturing, among others. Over the forecast period of 2025-2034, the BFSI sector is estimated to grow at a CAGR of 17.8%, as the rising incidence of cyber fraud necessitates the need for secure money transfer tools.

Leading Companies in the UAE Cyber Security Market

Though the incidence of ransomware attacks has declined significantly in the UAE, the demand for payouts is reaching multiple digits, ranging between $500,000 to $1,000,000. This is expected to bolster the demand for advanced cybersecurity solutions over the forecast period.

• IBM Corporation
• Cisco Systems Inc.
• Microsoft Corp.
• Oracle Corporation
• Fortinet Inc.
• Dell Inc.
• Rapid7 Inc.
• Juniper Networks, Inc.
• Trend Micro Inc.
• Palo Alto Networks Inc.
• Others

The comprehensive report looks into the macro and micro aspects of the market. The report gives an in-depth insight into the market by providing a SWOT analysis as well as an analysis of Porter’s Five Forces model.