Middle East and Africa Network Security Firewall Market
No. of Pages: 101 | Report Code: TIPRE00014124 | Category: Technology, Media and Telecommunications
No. of Pages: 101 | Report Code: TIPRE00014124 | Category: Technology, Media and Telecommunications
The advanced technology is growing rapidly due to the sudden rise in demand in a wide range of sectors (like information technology sectors). The evolving cyber-attacks has significantly increased, and the organizations are making significant investments in cyber security solutions. The increasing vulnerabilities, advancements in digital transformation, and others are making a significant impact on the MEA network security firewall market. Organizations are making significant investments for dynamic network infrastructure which is a key factor driving the MEA network security firewall market. Thus, the growth in the investments on robust security measures are expected to create a significant demand for network security firewall in the coming years, which is further anticipated to drive the MEA network security firewall market.
In MEA region, South Africa has the highest number of COVID-19 confirmed cases and it is followed by Saudi Arabia and UAE, among other countries. The MEA region is expected to witness a significant impact of COVID-19 during the coming few weeks due to non-availability of retailers, suppliers, online and authorized sales representatives, or manufacturers. The region is projected to register a swift decline in their supply of network security firewall components and have halted their production activities and subsequently disrupting the importing of components and equipment.
Strategic insights for the Middle East and Africa Network Security Firewall 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.
Report Attribute | Details |
---|---|
Market size in 2018 | US$ 254.7 Million |
Market Size by 2027 | US$ 846.9 Million |
Global CAGR (2019 - 2027) | 14.4% |
Historical Data | 2016-2017 |
Forecast period | 2019-2027 |
Segments Covered |
By Component
|
Regions and Countries Covered | Middle East and Africa
|
Market leaders and key company profiles |
The geographic scope of the Middle East and Africa Network Security Firewall 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.
The network security firewall market in MEA is expected to grow from US$ 254.7 million in 2018 to US$ 846.9 million by 2027; it is estimated to grow at a CAGR of 14.4% from 2019 to 2027. Organizations across several industry verticals are opting for a Next Generation Firewall (NGFW), as they approach license renewal or the endpoint of its lifecycle, in spite of their current firewall infrastructure. Investment on the NGFW is considered a strategic move by the organizations, for enhancement of their securities by incorporation of additional layers of defense and reduction in substantial cost as well as operational overhead required for management and maintenance of these firewalls. Aggregated throughput, port density, and redundancy are also some of the key influencers enabling and encouraging the trend of Next generation firewall adoption. This is bolstering the growth of the MEA network security firewall market.
In terms of deployment, the cloud segment accounted for the largest share of the MEA network security firewall market in 2018. In terms of component, the solution segment held a larger market share of the network security firewall market in 2018.
A few major primary and secondary sources referred to for preparing this report on the network security firewall market in MEA are company websites, annual reports, financial reports, national government documents, and statistical database, among others. Major companies listed in the report are Adaptive Mobile security; AMD Telecom S.A.; ANAM Technologies; Cellusys; Cisco Systems, Inc.; Mobileum Inc.; Omobio (Pvt) Ltd; SAP SE; and Symsoft AB (Sinch) among others.
The List of Companies - Middle East and Africa Network Security Firewall Market
The Middle East and Africa Network Security Firewall Market is valued at US$ 254.7 Million in 2018, it is projected to reach US$ 846.9 Million by 2027.
As per our report Middle East and Africa Network Security Firewall Market, the market size is valued at US$ 254.7 Million in 2018, projecting it to reach US$ 846.9 Million by 2027. This translates to a CAGR of approximately 14.4% during the forecast period.
The Middle East and Africa Network Security Firewall 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 and Africa Network Security Firewall Market report:
The Middle East and Africa Network Security Firewall Market is populated by several key players, each contributing to its growth and innovation. Some of the major players include:
The Middle East and Africa Network Security Firewall Market report is valuable for diverse stakeholders, including:
Essentially, anyone involved in or considering involvement in the Middle East and Africa Network Security Firewall Market value chain can benefit from the information contained in a comprehensive market report.