The Middle East Cybersecurity Market size is estimated at USD 10.81 billion in 2024, and is expected to reach USD 15.96 billion by 2029, growing at a CAGR of 8.10% during the forecast period (2024-2029).
The key drivers contributing to the increase in the adoption of data-intensive approaches and decisions with the growth include the increase in the number of cyberattacks in the Middle East with the growing digitalization.
The Middle Eastern cybersecurity market is fragmented, consisting of established tech giants and new competitors. Some players include IBM Corporation, Fortinet Inc., Cisco Systems Inc., Trend Micro Inc., and Microsoft Corporation.
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