
Middle East & Africa Endpoint Security Market
No. of Pages: 154 | Report Code: BMIRE00027700 | Category: Technology, Media and Telecommunications
No. of Pages: 154 | Report Code: BMIRE00027700 | Category: Technology, Media and Telecommunications
Extending edge computing trend to boost endpoint security demand
Cloud computing is transforming modern workplaces in diverse industry verticals by enhancing security, IT, and DevOps, which is accelerating the development of innovative solutions and services for enhanced user experience. Owing to the potential benefits of cloud computing, the adoption of cloud-based solutions among enterprises has been growing rapidly in the past few years. The continuously evolving cloud architectures, algorithms, and integration of advanced features in cloud solutions fuel the adoption of these solutions in BFSI, IT & telecom, retail, manufacturing, automotive, and other diverse industry verticals. Cloud deployment through cloud-based security endpoint solutions is an attractive and easy option for companies as it provides them easy scalability and operational flexibility and offers several benefits such as need-basis payment, regular data backup, high security, comparatively low capital & operations costs, reduced operational risks, and instant provisioning features. Further, the complex functions and high maintenance costs of on-premise solutions are also contributing to the adoption of cloud-based solutions. With many companies offering cloud-based unified endpoint management (UEM) solutions, such as MobileIron; Citrix Systems, Inc.; IBM Corporation; Microsoft Corporation; and VMware, Inc., the demand for cloud-based solutions over on-premise solutions is projected to grow significantly, especially among SMEs over the forecast period. For instance, in August 2022, Microsoft Corporation developed two new Windows 11 previews to the Windows Insider Beta Channel with improvements to Defender for Endpoint's ransomware protection and other fixes. Such developments in cloud-based security endpoint solutions are expected to fuel the endpoint security market growth.
Market Overview
The endpoint security market in the Middle East & Africa is sub segmented into South Africa, Saudi Arabia, the UAE, and the Rest of Middle East & Africa. Governments in the Middle Eastern countries are launching programs such as Dubai Internet City (DIC) and the KSA Vision 2030 to attain full digitalization and connectedness in smart buildings, smart transportation, and smart cities, among others. Qatar is set to host the FIFA World Cup in 2022, which is adding to the possibility of cyberattacks, thereby necessitating the need for additional cybersecurity solutions and services in the country. With growing digitalization in the Middle East in most fields, the need to safeguard networks, endpoints, data, automated cars, and smart homes, etc., against potential cyberattacks is rising significantly.
Strategic insights for the Middle East & Africa Endpoint Security provides data-driven analysis of the industry landscape, including current trends, key players, and regional nuances. These insights offer actionable recommendations, enabling readers to differentiate themselves from competitors by identifying untapped segments or developing unique value propositions. Leveraging data analytics, these insights help industry players anticipate the market shifts, whether investors, manufacturers, or other stakeholders. A future-oriented perspective is essential, helping stakeholders anticipate market shifts and position themselves for long-term success in this dynamic region. Ultimately, effective strategic insights empower readers to make informed decisions that drive profitability and achieve their business objectives within the market. The geographic scope of the Middle East & Africa Endpoint Security refers to the specific areas in which a business operates and competes. Understanding local distinctions, such as diverse consumer preferences (e.g., demand for specific plug types or battery backup durations), varying economic conditions, and regulatory environments, is crucial for tailoring strategies to specific markets. Businesses can expand their reach by identifying underserved areas or adapting their offerings to meet local demands. A clear market focus allows for more effective resource allocation, targeted marketing campaigns, and better positioning against local competitors, ultimately driving growth in those targeted areas.Middle East & Africa Endpoint Security Strategic Insights
Middle East & Africa Endpoint Security Report Scope
Report Attribute
Details
Market size in 2022
US$ 672.80 Million
Market Size by 2028
US$ 963.31 Million
Global CAGR (2022 - 2028)
6.2%
Historical Data
2020-2021
Forecast period
2023-2028
Segments Covered
By Solution
By Services
By Deployment
By Vertical
Regions and Countries Covered
Middle East and Africa
Market leaders and key company profiles
Middle East & Africa Endpoint Security Regional Insights
Middle East & Africa Endpoint Security Market Segmentation
The Middle East & Africa endpoint security market is segmented into solution, services, deployment, vertical, and country.
Based on solution, the market is segmented into antivirus, antispyware, antimalware; firewall; endpoint device control; intrusion prevention; and endpoint application control. The antivirus, antispyware, antimalware segment registered the largest market share in 2022.
Based on services, the market is segmented into consulting, training & support, and managed services. The managed services segment registered the largest market share in 2022.
Based on deployment, the market is bifurcated into cloud and on-premise. The on-premise segment registered the largest market share in 2022
Based on vertical, the market is categorized into government and defense, BFSI, retail, IT & telecom, healthcare, energy & utilities, education, and others. The IT & telecom segment held the largest market share in 2022.
Based on country, the market is segmented into South Africa, the UAE, Saudi Arabia, and the Rest of Middle East & Africa. Germany dominated the market share in 2022.
AO Kaspersky Lab; Avast Software s.r.o.; Cisco Systems, Inc.; ESET, spol. s r.o.; Fortinet, Inc.; McAfee, LLC; Microsoft Corporation; and Palo Alto Networks, Inc. are the leading companies operating in the endpoint security market in the region.
The Middle East & Africa Endpoint Security Market is valued at US$ 672.80 Million in 2022, it is projected to reach US$ 963.31 Million by 2028.
As per our report Middle East & Africa Endpoint Security Market, the market size is valued at US$ 672.80 Million in 2022, projecting it to reach US$ 963.31 Million by 2028. This translates to a CAGR of approximately 6.2% during the forecast period.
The Middle East & Africa Endpoint Security Market report typically cover these key segments-
The historic period, base year, and forecast period can vary slightly depending on the specific market research report. However, for the Middle East & Africa Endpoint Security Market report:
The Middle East & Africa Endpoint Security Market is populated by several key players, each contributing to its growth and innovation. Some of the major players include:
The Middle East & Africa Endpoint Security Market report is valuable for diverse stakeholders, including:
Essentially, anyone involved in or considering involvement in the Middle East & Africa Endpoint Security Market value chain can benefit from the information contained in a comprehensive market report.