Middle East & Africa Cybersecurity Market to 2032
Overview
The Middle East & Africa Cybersecurity Market is expected to reach a 20.44 USD Billion by 2032 and is projected to grow at a CAGR of 9.93% from 2025 to 2032.
Revenue, 2024 (USD Billion)
10.54
Forecast, 2032 (USD Billion)
20.44
CAGR, 2024 - 2032
9.93%
Report Coverage
Middle East & Africa
Middle East & Africa Cybersecurity Market 2018-2032 USD Billion
Middle East & Africa Cybersecurity Market, Key Findings (2025-2032)
Market Growth and Projections:
- Market Size (2024): 10.54 USD Billion
- Projected Market Size (2032): 20.44 USD Billion
- CAGR (2025-2032): 9.93%
Key Findings of Middle East & Africa Cybersecurity Market
- The Middle East & Africa Cybersecurity Market was valued at 10.54 USD Billion in 2024.
- The Middle East & Africa Cybersecurity Market is likely to grow at a CAGR of 9.93% during the forecast period of 2024 to 2032.
- In 2024, the Largest segment Cloud in Deployment Model Segment accounted for the largest share of the market with a revenue of 6.75 USD Billion
- The fastest growing segment IT in Verticals Segment grew Fastest with a CAGR of 11.23% during the forecast period from 2024 to 2032.
Middle East & Africa Cybersecurity Market Scope
Middle East & Africa Cybersecurity Market Segmentation & Scope
Components
- Solutions/Software
- Service
Application
- Unified Vulnerability Management Service Offering
- Others
- Governance Risk & Compliance
- Data Security & Privacy Service Offering
- Identity & Access Management
Type of Threat
- Others
- Denial-of-Service (DOS)
- Zero-Day Exploits
- Man-in-the-Middle (MITM) Attacks
- Distributed Denial-of-Service Attacks (DDOS)
- Malware
Verticals
- Public Sector
- Energy & Utilities
- Healthcare
- Retail
- Automotive
- Others
- Manufacturing
- BFSI
- Telecom
- IT
Security Type
- Others
- Endpoint Security
- Cloud Security
- Application Security
- Network Security
- Infrastructure Security
Deployment Model
- On-Premise
- Cloud
Enterprise Size
- SMES
- Large Enterprise
Middle East & Africa Cybersecurity Market Data Coverage Insights
| Study Period | 2024-2032 |
| Base Year | 2023 |
| Unit | Revenue in USD Billion |
| Market Value in 2024 | 10.54 USD Billion |
| Market Value in 2032 | 20.44 USD Billion |
| CAGR (2025-2032) | 9.93% |
| Historic Data | 2016-2023 |
| Market Segments Covered | Components,Application,Type of Threat,Verticals,Security Type,Deployment Model,Enterprise Size |
Regional Insights:
-
Leading Market (2024-2032): Middle East & Africa, leading in terms of revenue 10.54 USD Billion in 2024
- Key Country: Israel, leading in terms of revenue with value of 2,666.45 USD Million in 2024.
Segments and Scope
-
Middle East & Africa Cybersecurity Market to 2032, By Components
- Service is the largest segment in Middle East & Africa Cybersecurity Market to 2032 with a revenue of 6.35 USD Billion in the year 2024.
- Service is the Fastest growing segment in Middle East & Africa Cybersecurity Market to 2032 with a Growth rate of 10.45 % in forecast period 2025-2032.
-
Middle East & Africa Cybersecurity Market to 2032, By Application
- Identity & Access Management is the largest segment in Middle East & Africa Cybersecurity Market to 2032 with a revenue of 3.60 USD Billion in the year 2024.
- Identity & Access Management is the Fastest growing segment in Middle East & Africa Cybersecurity Market to 2032 with a Growth rate of 10.69 % in forecast period 2025-2032.
-
Middle East & Africa Cybersecurity Market to 2032, By Type of Threat
- Malware is the largest segment in Middle East & Africa Cybersecurity Market to 2032 with a revenue of 3.66 USD Billion in the year 2024.
- Malware is the Fastest growing segment in Middle East & Africa Cybersecurity Market to 2032 with a Growth rate of 10.66 % in forecast period 2025-2032.
-
Middle East & Africa Cybersecurity Market to 2032, By Verticals
- IT is the largest segment in Middle East & Africa Cybersecurity Market to 2032 with a revenue of 2.53 USD Billion in the year 2024.
- IT is the Fastest growing segment in Middle East & Africa Cybersecurity Market to 2032 with a Growth rate of 11.23 % in forecast period 2025-2032.
-
Middle East & Africa Cybersecurity Market to 2032, By Security Type
- Infrastructure Security is the largest segment in Middle East & Africa Cybersecurity Market to 2032 with a revenue of 3.25 USD Billion in the year 2024.
- Infrastructure Security is the Fastest growing segment in Middle East & Africa Cybersecurity Market to 2032 with a Growth rate of 11.12 % in forecast period 2025-2032.
-
Middle East & Africa Cybersecurity Market to 2032, By Deployment Model
- Cloud is the largest segment in Middle East & Africa Cybersecurity Market to 2032 with a revenue of 6.75 USD Billion in the year 2024.
- Cloud is the Fastest growing segment in Middle East & Africa Cybersecurity Market to 2032 with a Growth rate of 10.39 % in forecast period 2025-2032.
-
Middle East & Africa Cybersecurity Market to 2032, By Enterprise Size
- Large Enterprise is the largest segment in Middle East & Africa Cybersecurity Market to 2032 with a revenue of 6.33 USD Billion in the year 2024.
- Large Enterprise is the Fastest growing segment in Middle East & Africa Cybersecurity Market to 2032 with a Growth rate of 10.63 % in forecast period 2025-2032.
Middle East & Africa Cybersecurity Market Company Share Analysis
| Company Name |
|
||
| Microsoft | |||
| IBM Corporation | |||
| Cisco Systems, Inc. | |||
| Palo Alto Networks | |||
| Fortinet, Inc. | |||
Middle East & Africa Cybersecurity Market Geographical Sales Distribution, 2018-2032 USD Billion
Middle East & Africa Cybersecurity Market Company Profiling
Industry Related Reports
Frequently Asked Questions
The Middle East & Africa Cybersecurity Market is segmented based on Segmentation Components,Application,Type of Threat,Verticals,Security Type,Deployment Model,Enterprise Size.
Middle East & Africa Cybersecurity Market was valued at USD 10.54(Revenue in USD Billion) in 2023.
Middle East & Africa Cybersecurity Market is projected to grow at a CAGR of 9.93% during the forecast period of 2024 to 2032.
The Cloud segment is expected to dominate the Middle East & Africa Cybersecurity Market, holding a largest market share of 6.75 USD Billion in 2024
Middle East & Africa Cybersecurity Market Scope
Middle East & Africa Cybersecurity Market Segmentation & Scope
Components
- Solutions/Software
- Service
Application
- Unified Vulnerability Management Service Offering
- Others
- Governance Risk & Compliance
- Data Security & Privacy Service Offering
- Identity & Access Management
Type of Threat
- Others
- Denial-of-Service (DOS)
- Zero-Day Exploits
- Man-in-the-Middle (MITM) Attacks
- Distributed Denial-of-Service Attacks (DDOS)
- Malware
Verticals
- Public Sector
- Energy & Utilities
- Healthcare
- Retail
- Automotive
- Others
- Manufacturing
- BFSI
- Telecom
- IT
Security Type
- Others
- Endpoint Security
- Cloud Security
- Application Security
- Network Security
- Infrastructure Security
Deployment Model
- On-Premise
- Cloud
Enterprise Size
- SMES
- Large Enterprise
Frequently Asked Questions
The Middle East & Africa Cybersecurity Market is segmented based on Segmentation Components,Application,Type of Threat,Verticals,Security Type,Deployment Model,Enterprise Size.
Middle East & Africa Cybersecurity Market was valued at USD 10.54(Revenue in USD Billion) in 2023.
Middle East & Africa Cybersecurity Market is projected to grow at a CAGR of 9.93% during the forecast period of 2024 to 2032.
The estimated market value of the Middle East & Africa Cybersecurity Market for final year is USD 20.44 (USD Billion).
Middle East & Africa Cybersecurity Market Company Profiling
Frequently Asked Questions
The Middle East & Africa Cybersecurity Market is segmented based on Segmentation Components,Application,Type of Threat,Verticals,Security Type,Deployment Model,Enterprise Size.
Middle East & Africa Cybersecurity Market was valued at USD 10.54(Revenue in USD Billion) in 2023.
Middle East & Africa Cybersecurity Market is projected to grow at a CAGR of 9.93% during the forecast period of 2024 to 2032.
The estimated market value of the Middle East & Africa Cybersecurity Market for final year is USD 20.44 (USD Billion).
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