Overview of the Middle East Zero Trust Security Market: Key Statistics and Trends:
According to the latest report by MarkNtel Advisors, titled “Middle East Zero Trust Security Market By Solution (Network Security, Data Security, Endpoint Security, Security Orchestration Automation & Response (SOAR), API Security, Security Analytics, Security Policy Management),By Authentication Type (Single-factor Authentication, Multi-factor Authentication), By Deployment (Cloud, On-Premise, Hybrid), By Enterprise Size (Small & Medium Enterprises(SMEs), Large Enterprise), By End User (BFSI, IT & Telecom, Retail, Healthcare, Others {Transportation, Manufacturing Industry, Publishing, etc.}), By Country (UAE, Saudi Arabia, Qatar, Israel, Egypt, Kuwait, Others), By Competitors (Palo Alto Networks, Cisco, Illumio, Zscaler, IBM, Akamai, CyberKnight Technologies, Orange, Citrix, Check Point Software Technologies Ltd.), The Middle East Zero Trust Security Market size is valued at USD2.41 billion in 2024 & is projected to reach USD7.4 billion by 2030. Along with this, the market is estimated to grow at a CAGR of around 17.14% during the forecast period, i.e., 2024-30. The report provides a thorough analysis of the market, covering competitor dynamics, regional insights, and a detailed breakdown of industry segments.
Middle East Zero Trust Security Market Growth and Scope:
Base Year: 2023
Forecast Period: 2024-30
Historical Data: 2019-22
CAGR (2024-30): 17.14%
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Middle East Zero Trust Security Market Trend:
Increasing SASE Deployment in the Middle East– In the Middle East, cybersecurity solution providers are deploying Secure Access Service Edge (SASE) primarily due to the escalating implementation of cloud and zero trust cybersecurity solutions due to the migration of regional organizations towards cloud and zero trust framework for cybersecurity in the region. Furthermore, the changing work dynamics usage of SASE allows employees to securely access organization applications and resources from anywhere using any device. Apart from this, the SASE solutions are deployed with a blend of artificial intelligence (AI) capabilities that accelerate and enhance the operational capabilities of the SASE solution. According to the Palo Alto Networks, the use of AI with SASE would efficiently filter out malicious phishing attacks.
A Comprehensive Analysis of Leading Companies of Middle East Zero Trust Security Market by MarkNtel Advisors:
- Check Point Software Technologies
- Cloudflare
- Sophos
- CyberArk
- IBM
- Microsoft
- CyberKnight Technologies
- Orange
- Citrix
- Palo Alto Networks
- Fortinet
- Others
Key Middle East Zero Trust Security Market Segmentation:
Explore Our Comprehensive Study: https://www.marknteladvisors.com/research-library/middle-east-zero-trust-security-market.html
-By Solution
- Network Security
- Data Security
- Endpoint Security
- Security Orchestration Automation & Response (SOAR)
- API Security
- Security Analytics
- Security Policy Management
Data Security is the leading segment in the Zero Trust Security Market in the Middle East. The primary reason for this is the growth in the number of cyber-attacks related to data breaches in the region.
-By Authentication Type
- Single Sign-On (SSO)
- Multi-Factor Authentication (MFA)
Multi-factor authentication leads the market share when considering segmentation based on the type of authentication for the Middle East Zero Trust Security Market.
-By Deployment
- Cloud- Market Size & Forecast 2019-2030, USD Million
- On-Premise- Market Size & Forecast 2019-2030, USD Million
- Hybrid- Market Size & Forecast 2019-2030, USD Million
-By Enterprise Size
- Small & Medium Enterprises(SMEs)- Market Size & Forecast 2019-2030, USD Million
- Large Enterprise- Market Size & Forecast 2019-2030, USD Million
-By End User
- BFSI- Market Size & Forecast 2019-2030, USD Million
- IT & Telecom- Market Size & Forecast 2019-2030, USD Million
- Retail- Market Size & Forecast 2019-2030, USD Million
- Healthcare- Market Size & Forecast 2019-2030, USD Million
- Others (Transportation, Manufacturing Industry, Publishing, etc.)
Geographical Analysis
-By Country
- UAE
- Saudi Arabia
- Qatar
- Israel
- Egypt
- Kuwait
- Others
UAE currently holds a considerable market share in the Middle East for Zero Trust Security Market along with Saudi Arabia closely following it.
Key Reports Highlights:
- Market Dimensions & Projections
- Pricing Evaluation,
- Recent Strategic Moves by Companies,
- Primary Stakeholders,
- Analysis of Import and Export Trends,
- Competitive Landscape Assessment,
- Emerging Opportunities,
- Market Trends and Indicators
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Key Advantages of the Report by MarkNtel Advisors:
- Accurate Revenue Projections: The report provides precise revenue estimates for the market and its key sub segments, benefiting both market leaders and new entrants.
- Strategic Insights for Stakeholders: By understanding the competitive landscape, stakeholders can strategically position their businesses and develop effective go-to-market strategies.
- Comprehensive Market Dynamics Analysis: The report offers valuable insights into the key drivers, restraints, challenges, and opportunities within the market, helping stakeholders make well-informed decisions.
Note: If you need additional information not included in the report, we can customize it to suit your requirements.
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MarkNtel Advisors is a leading consulting, data analytics, and market research firm that provides an extensive range of strategic reports on diverse industry verticals. We being a qualitative & quantitative research company, strive to deliver data to a substantial & varied client base, including multinational corporations, financial institutions, governments, and individuals, among others.
We have our existence across the market for many years and have conducted multi-industry research across 17.140+ countries, spreading our reach across numerous regions like America, Asia-Pacific, Europe, the Middle East & Africa, etc., and many countries across the regional scale, namely, the US, India, the Netherlands, Saudi Arabia, the UAE, Brazil, and several others.
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