Middle East Zero Trust Security Market Forecast: Share, Demand, Size, and Trends Through 2030
Middle East Zero Trust Security Market Forecast: Share, Demand, Size, and Trends Through 2030
Markntel Advisors, a leading consulting, data analytics, and market research firm, recently published an analytical report description that describes the recent achievements and developments of prominent players including new launching of innovative products, strategic collaborations, or partnerships, that bolster the growth of the Middle East Zero Trust Security market. The research report on the Middle East Zero Trust Security Market presents well-researched facts and figures pertinent to the industry, whether the goal is to explore new markets, launch a new product, or maintain a competitive advantage. The expert team of analysts dedicated significant effort to gathering and evaluating the latest market data, resulting in a detailed and up-to-date report that offers valuable insights for individuals who rely on data-driven decisions, including business owners and analysts.
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The report further comprises, “Middle East Zero Trust Security Market Research Report: Forecast (2024-2030)”,
The 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.
Download the PDF Sample Copy (Including FULL TOC, Graphs, and Tables) of this Report – https://www.marknteladvisors.com/query/request-sample/middle-east-zero-trust-security-market.html
Middle East Zero Trust Security Market Driver:
Rising Cyber Threats in the Region– The critical requirement to develop cybersecurity capabilities to guard against escalating threats from cyber adversaries is the primary driver of the zero-trust security market in the Middle East. The region is experiencing massive cyber-attacks related to data breaches. In 2024, the Middle East has average data breach cost has risen by 8.4% to USD 8.75 million per incident on a YoY basis according to IBM. Moreover, the average data breach cost per incident is substantially higher compared to the global average data breach cost of USD 4.88 million. These data breaches greatly disrupt business activities in the Middle East. Furthermore, they also drive up business costs by increasing the expenses associated with regulatory compliances and activities post-cyber breach.
Middle East Zero Trust Security Market Analysis Based On Segment, Geography
The Middle East Zero Trust Security market is segmented into significant segments based on:
By Solution
-Network Security- Market Size & Forecast 2019-2030, USD Million
-Data Security- Market Size & Forecast 2019-2030, USD Million
-Endpoint Security- Market Size & Forecast 2019-2030, USD Million
-Security Orchestration Automation & Response (SOAR)- Market Size & Forecast 2019-2030, USD Million
-API Security- Market Size & Forecast 2019-2030, USD Million
-Security Analytics- Market Size & Forecast 2019-2030, USD Million
-Security Policy Management- Market Size & Forecast 2019-2030, USD Million
By Services
-Consulting and Advisory Services
-Implementation and Integration Services
-Managed Services
-Training and Support Services
By Authentication Type
-Single Sign-On (SSO)- Market Size & Forecast 2019-2030, USD Million
-Multi-factor Authentication (MFA)- Market Size & Forecast 2019-2030, USD Million
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.)
By Country
-UAE
-Saudi Arabia
-Qatar
-Israel
-Egypt
-Kuwait
-Others.
Read Detailed Index of full Research Study at – https://www.marknteladvisors.com/research-library/middle-east-zero-trust-security-market.html
Top Companies Essentially Working in Middle East Zero Trust Security Market
Check Point Software Technologies, Cloudflare, Sophos, CyberArk, IBM, Microsoft, CyberKnight Technologies, Orange, Citrix, Palo Alto Networks, Fortinet, and Others.
Frequently Asked Questions (FAQs)-
- What are the industry’s overall statistics or estimates (Overview, Size- By Value, Forecast Numbers, Segmentation, Shares)?
- What are the trends influencing the current scenario of the market?
- What leading factors would propel and impede the industry across the geography?
- How has the industry been evolving in terms of geography & Middle East Zero Trust Security adoption?
- How has the competition been shaping up across the geography?
- Who are the key competitors, and what strategic partnerships or ventures are they coming up with to stay afloat during the projected time frame?
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