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Egypt Cyber Security Market – Industry Trends and Forecast to 2029

  • ICT
  • Published Report
  • Aug 2022
  • Country Level
  • 350 Pages
  • No of Tables: 37
  • No of Figures: 41

Egypt Cyber Security Market, By Offering (Services and Solutions/Software), Application (Identity and Access Management, Data Security and Privacy Service Offering, Governance Risk and Compliance, Unified Vulnerability Management Service Offering and Others), Security Type (Infrastructure Security, Network Security, Application Security, Cloud Security, Endpoint Security and Others), Deployment Model (Cloud and On-Premise), Enterprise Size (Large Sized Enterprises and Small and Medium-Sized Enterprises), End User (Industrial, Commercial, Government and Residential) - Industry Trends and Forecast to 2029.

Egypt Cyber Security Market Analysis and Insights

Cyber security protects internet-connected systems such as hardware, software and data from cyber threats & breaches. Increased cloud services cyber security solutions and the advent of remote working culture are driving the market. However, the rise in cyber security threats and ransomware in cyber security solutions may restrain the growth

Egypt Cyber Security Market

Egypt Cyber Security Market

The demand for cyber security has been growing and will also grow in the future. Data Bridge Market Research analyses that the Egypt cyber security market will grow at a CAGR of 7.1% during the forecast period of 2022 to 2029.

Report Metric

Details

Forecast Period

2022 to 2029

Base Year

2021

Historic Years

2020 (Customizable to 2019 - 2014)

Quantitative Units

Values in Million

Segments Covered

By Offering (Services and Solutions/Software), Application (Identity and Access Management, Data Security and Privacy Service Offering, Governance Risk and Compliance, Unified Vulnerability Management Service Offering and Others), Security Type (Infrastructure Security, Network Security, Application Security, Cloud Security, Endpoint Security and Others), Deployment Model (Cloud and On-Premise), Enterprise Size (Large Sized Enterprises and Small and Medium-Sized Enterprises), End User (Industrial, Commercial, Government and Residential)

Countries Covered

Egypt

Market Players Covered

BAE Systems, Microsoft, McAfee, LLC, Thales, Rapid7, Trend Micro Incorporated, Accenture, Cisco Systems, Inc., IBM Corporation, Oracle, Splunk Inc., Check Point Software Technologies Ltd., Palo Alto Networks, Fortinet, Inc., Juniper Networks, Inc., Micro Focus and Johnson Controls among others

Market Definition

Cyber security protects internet-connected systems such as hardware, software and data from cyber threats and breaches. Individuals and enterprises use the practice to protect against unauthorized access to data centres and other intelligent systems. A successful cybersecurity approach has multiple layers of protection spread across the computers, networks, programs, or data one intends to keep safe.

Egypt Cyber Security Market Dynamics

This section deals with understanding the market drivers, advantages, opportunities, restraints and challenges. All of this is discussed in detail below:

Drivers

  • The advent of Remote Working Culture

Remote work is rising due to the recent pandemic where employees were forced to work remotely at their respective locations. A few decades ago, the ability to work outside a corporate office wasn't considered feasible as it was assumed to be less efficient. Working remotely is only now becoming mainstream due to technological advancements such as solid internet connectivity, which could base solutions and others. 

  • Increase in Cloud Services Cyber and Physical Security Solutions

Cloud technology is a vital online technology that is used all around the globe. Cloud technology enables users to access storage, files, software and servers using internet-connected devices. It also means or signifies having the ability to store and access data and programs over the internet. Unlike traditional hardware and software methods, cloud technologies can help businesses to stay forefront of technology without spending heavily on traditional methods.

Opportunity

  • The rise in Strategic Partnership and Acquisition Among Organizations for Physical and Cyber Security System

Coordinating and investing in projects is essential for achieving sustained improvements in the physical and cyber security market. Due to this, the government and other private organizations are striving through partnerships and acquisitions, thereby accelerating the growth of the industries. This helps to build awareness and profit for the organization, thereby creating scope for a new invention in the industry. Also, through partnerships, the company can invest more in advanced technologies to provide a more secure and reliable physical and cyber security market) services and solutions.

Restraint/Challenge

  • Rise in Cyber Security Threat and Ransomware in Physical and Cyber Security Solutions

Due to COVID-19, cybercrime and cybersecurity issues increased by 600% in 2020. Flaws in network security are a weakness that hackers exploit to perform unauthorized actions within a system. According to Purple Sec L.L.C., in 2018, mobile malware variants for mobile have increased by 54% 2018, out of which 98% of mobile malware target Android devices. 25% of businesses are estimated to have been victims of crypto-jacking. Various companies also include the security industry. 

Covid-19 Impact on Egypt Cyber Security Market

COVID-19 has positively affected the Egypt cyber security market. Due to COVID-19, cybercrime and cybersecurity issues increased by 600% in 2020. Flaws in network security are a weakness that hackers exploit to perform unauthorized actions within a system. According to Purple Sec L.L.C., in 2018, mobile malware variants for mobile have increased by 54% 2018, out of which 98% of mobile malware target Android devices. 25% of businesses are estimated to have been victims of crypto-jacking. Various companies also include the security industry.

Recent Developments

  • In August 2022, Fortinet, Inc. announced a partnership with Comcast Business to deliver enterprises a new set of secure access service edge (SASE) and security service edge (SSE) solutions to help enterprises protect their distributed workforces
  • In May 2022, Cisco Systems, Inc. launched an advanced cybersecurity assessment tool. The main objective behind the launching of the solutions was to enable small and medium-sized businesses (SMBs) to understand their overall security posture better

Egypt Cyber Security Market Scope

The cyber security market is segmented based on the offering, application, security type, deployment model, enterprise size and end user. The growth amongst these segments will help you analyze meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.

Offering

  • Services
  • Solutions/software

On the basis of offering, Egypt cyber security market is segmented into services and solutions/software.

Application

  • Identity and access management
  • Data security and privacy service offering
  • Governance risk and compliance
  • Unified vulnerability management service offering
  • Others

On the basis of application, Egypt cyber security market is segmented into identity and access management, data security and privacy service offering, governance risk and compliance, unified vulnerability management service offering and others.

Security Type

  • Infrastructure security
  • Network security
  • Application security
  • Cloud security
  • Endpoint security
  • Others

On the basis of security type, Egypt cyber security market is segmented into infrastructure security, network security, application security, cloud security, endpoint security and others.

Deployment Model

  • Cloud
  • On-premise

On the basis of deployment model, Egypt cyber security market is segmented into cloud and on-premise.

Enterprise Size

  • Large sized enterprises
  • Small and medium-sized enterprises

On the basis of Enterprise Size, Egypt cyber security market is segmented into large sized enterprises and small and medium-sized enterprises

End User

  • Industrial
  • Commercial
  • Government
  • Residential

Egypt Cyber Security Market

On the basis of deployment model, Egypt cyber security market is segmented into industrial, commercial, government and residential.

Egypt Cyber Security Market Regional Analysis/Insights

Egypt cyber security market is analysed and market size insights and trends are provided by country, offering, application, security type, deployment model, enterprise size and end user.

The country section of the report also provides individual market impacting factors and changes in regulations in the market domestically that impact the current and future trends of the market. Data points such as new sales, replacement sales, country demographics, disease epidemiology and import-export tariffs are some of the significant pointers used to forecast the market scenario for individual countries. Also, the presence and availability of global brands and their challenges faced due to substantial or scarce competition from local and domestic brands' impact on sales channels are considered while providing a forecast analysis of the country data.

Competitive Landscape and Egypt Cyber Security Market Share Analysis

Egypt cyber security market competitive landscape provides details of a competitor. Details include company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points only relate to the companies' focus on Egypt's cyber security market.

Some of the major key players in the Egypt cyber security market are BAE Systems, Microsoft, McAfee, LLC, Thales, Rapid7, Trend Micro Incorporated, Accenture, Cisco Systems, Inc., IBM Corporation, Oracle, Splunk Inc., Check Point Software Technologies Ltd., Palo Alto Networks, Fortinet, Inc., Juniper Networks, Inc., Micro Focus and Johnson Controls among others.


SKU-

TABLE 1 LIST OF LOCAL CYBER SECURITY PLAYERS

TABLE 2 LIST OF LOCAL PHYSICAL SECURITY PLAYERS

TABLE 3 EGYPT CYBER SECURITY MARKET, BY OFFERING, 2020-2029 (USD MILLION)

TABLE 4 EGYPT SERVICES IN CYBER SECURITY MARKET, BY TYPE, 2020-2029 (USD MILLION)

TABLE 5 EGYPT SOLUTIONS/SOFTWARE IN CYBER SECURITY MARKET, BY TYPE, 2020-2029 (USD MILLION)

TABLE 6 EGYPT PHYSICAL SECURITY MARKET, BY COMPONENT, 2020-2029 (USD MILLION)

TABLE 7 EGYPT HARWARE IN PHYSICAL SECURITY MARKET, BY TYPE, 2020-2029 (USD MILLION)

TABLE 8 EGYPT VIDEO SURVEILLANCE SYSTEM IN HARDWRAE PHYSICAL SECURITY MARKET, BY TYPE, 2020-2029 (USD MILLION)

TABLE 9 EGYPT CAMERAS IN VIDEO SURVEILLANCE SYSTEM PHYSICAL SECURITY MARKET, BY TYPE, 2020-2029 (USD MILLION)

TABLE 10 EGYPT RECORDERS IN VIDEO SURVEILLANCE SYSTEM PHYSICAL SECURITY MARKET, BY TYPE, 2020-2029 (USD MILLION)

TABLE 11 EGYPT PHYSICAL ACCESS CONTROL SYSTEM IN PHYSICAL SECURITY MARKET, BY TYPE, 2020-2029 (USD MILLION)

TABLE 12 EGYPT BIOMETRICS IN PHYSICAL ACCESS CONTROL SYSTEM PHYSICAL SECURITY MARKET, BY TYPE, 2020-2029 (USD MILLION)

TABLE 13 EGYPT LOCKS IN PHYSICAL ACCESS CONTROL SYSTEM PHYSICAL SECURITY MARKET, BY TYPE, 2020-2029 (USD MILLION)

TABLE 14 EGYPT ELECTRONIC LOCKS IN LOCKS PHYSICAL SECURITY MARKET, BY TYPE, 2020-2029 (USD MILLION)

TABLE 15 EGYPT SERVICES IN PHYSICAL SECURITY MARKET, BY TYPE, 2020-2029 (USD MILLION)

TABLE 16 EGYPT MANAGED SERVICES IN SERVICES PHYSICAL SECURITY MARKET, BY TYPE, 2020-2029 (USD MILLION)

TABLE 17 EGYPT PROFESSIONAL SERVICES IN SERVICES PHYSICAL SECURITY MARKET, BY TYPE, 2020-2029 (USD MILLION)

TABLE 18 EGYPT SOFTWARE IN PHYSICAL SECURITY MARKET, BY TYPE, 2020-2029 (USD MILLION)

TABLE 19 EGYPT PHYSICAL SECURITY MARKET, BY AUTHENTICATION, 2020-2029 (USD MILLION)

TABLE 20 EGYPT CYBER SECURITY MARKET, BY APPLICATION, 2020-2029 (USD MILLION)

TABLE 21 EGYPT CYBER SECURITY MARKET, BY SECURITY TYPE, 2020-2029 (USD MILLION)

TABLE 22 EGYPT PHYSICAL SECURITY MARKET, BY DEPLOYMENT MODEL, 2020-2029 (USD MILLION)

TABLE 23 EGYPT CYBER SECURITY MARKET, BY DEPLOYMENT MODEL, 2020-2029 (USD MILLION)

TABLE 24 EGYPT PHYSICAL SECURITY MARKET, BY ENTERPRISE SIZE, 2020-2029 (USD MILLION)

TABLE 25 EGYPT CYBER SECURITY MARKET, BY ENTERPRISE SIZE, 2020-2029 (USD MILLION)

TABLE 26 EGYPT LARGE SIZED ENTERPRISES IN PHYSICAL SECURITY MARKET, BY DEPLOYMENT MODEL, 2020-2029 (USD MILLION)

TABLE 27 EGYPT LARGE SIZED ENTERPRISES IN CYBER SECURITY MARKET, BY DEPLOYMENT MODEL, 2020-2029 (USD MILLION)

TABLE 28 EGYPT SMALL AND MEDIUM-SIZED ENTERPRISES IN PHYSICAL SECURITY MARKET, BY DEPLOYMENT MODEL, 2020-2029 (USD MILLION)

TABLE 29 EGYPT SMALL AND MEDIUM-SIZED ENTERPRISES IN CYBER SECURITY MARKET, BY DEPLOYMENT MODEL, 2020-2029 (USD MILLION)

TABLE 30 EGYPT PHYSICAL SECURITY MARKET, BY END USER, 2020-2029 (USD MILLION)

TABLE 31 EGYPT CYBER SECURITY MARKET, BY END USER, 2020-2029 (USD MILLION)

TABLE 32 EGYPT COMMERCIAL IN PHYSICAL SECURITY MARKET, BY TYPE, 2020-2029 (USD MILLION)

TABLE 33 EGYPT COMMERCIAL IN CYBER SECURITY MARKET, BY TYPE, 2020-2029 (USD MILLION)

TABLE 34 EGYPT INDUSTRIAL IN PHYSICAL SECURITY MARKET, BY TYPE 2020-2029 (USD MILLION)

TABLE 35 EGYPT INDUSTRIAL IN CYBER SECURITY MARKET, BY TYPE 2020-2029 (USD MILLION)

TABLE 36 EGYPT RESIDENTIAL IN PHYSICAL SECURITY MARKET, BY TYPE 2020-2029 (USD MILLION)

TABLE 37 EGYPT RESIDENTIAL IN CYBER SECURITY MARKET, BY TYPE 2020-2029 (USD MILLION)

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