Market Forecast By Components (Solutions, Services), By Offerings (Identity And Access Management, Infrastructure Security, Governance, Risk And Compliance, Unified Vulnerability Management Service, Data Security And Privacy Service And Other), By Deployments (Cloud, On-Premises), By Verticals (Aerospace And Defense, BFSI (Banking Finance Services And Insurance), Retail, Healthcare, And Hospitality, IT And Telecom, Energy And Utilities, Manufacturing, Commercial Offices, And Others), By Regions (Central Region, Western Region, Eastern Region, Southern Region)And Competitive Landscape.
Product Code: ETC060900 | Publication Date: Jul 2021 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 90 | No. of Figures: 32 | No. of Tables: 2 |
Saudi Arabia Cyber Security Systems Market report comprehensively covers the Saudi Arabia Cyber Security Systems Market by component type and application. Saudi Arabia Cyber Security Systems Market outlook report provides an unbiased and detailed analysis of the Cyber Security Systems Market on-going trends, opportunities/high growth areas, market drivers which would help the stakeholders to devise and align their market strategies according to the current and future market dynamics.
Saudi Arabia Cyber Security Systems Market Synopsis
Saudi Arabia cyber security market is anticipated to witness strong growth over the coming years owing to rapid increase in cyber-attacks and threats and growing adoption of cloud computing, IoT across various industries. Furthermore, growing awareness about cyber security products and government regulations mandating cyber security governance such as Cyber Security Framework by SAMA (Saudi Arabian Monetary Authority) would also supplement the growth of the market in the coming years. However, the ongoing global pandemic COVID-19 is expected to hamper the overall economic growth of Saudi Arabia, thus, restraining the growth of the cyber security market of Saudi Arabia as well. The market has seen a halt owing to the massive outbreak of COVID-19 which resulted in nationwide lockdowns to combat the spread of the virus and has led to a decline in the overall market growth.
Efforts to diversify the economy under Vision 2030 are likely to play a key role in increasing digitalization and thereby supporting the growing demand for cyber security solutions. Government and defence sector are anticipated to dominate the cyber security market in the coming years. However, owing to diversification, healthcare and telecom domains are anticipated to grow at a fast pace as well.
According to 6Wresearch, Saudi Arabia Cyber Security Systems Market size is projected to grow at CAGR of 12.4% during 2020-2026. Saudi Arabia’s natural resources and the geopolitical tensions of the middle eastern region have made Saudi Arabia one of the prime targets for hackers. These developments have necessitated private and public sector enterprises to boost their cyber infrastructure in order to protect their data. This has also led to massive government investment in IT sector to boost the cyber security across various domains. Additionally. Saudi Arabia has identified cyber security as one of the key goals in its National Transformation Program 2020.
Market Analysis by Verticals
On the basis of verticals, government and Defense vertical dominated the market revenue share in the overall cybersecurity industry in Saudi Arabia during 2019. The presence of vast natural resources and ongoing geopolitical tensions have made Saudi Arabia one of the most common targets of hackers which have necessitated the growing investment in strengthening cybersecurity infrastructure across government institutions and organizations. Furthermore, efforts to diversify the economy would open up new avenues for the market of cybersecurity in domains such as healthcare and hospitality.”
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Key Highlights of the Report
Market Scope and Segmentation
The report provides a detailed analysis of the following market segments:
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Table of Content |
1. Executive Summary |
2. Introduction |
2.1. Report Description |
2.2. Key Highlights |
2.3. Market Scope & Segmentation |
2.4. Research Methodology |
2.5. Assumptions |
3. Saudi Arabia Cyber Security Market Overview |
3.1. Saudi Arabia Cyber Security Market Revenues, 2016-2026F |
3.2. Saudi Arabia Cyber Security Market- Industry Life Cycle |
3.3. Saudi Arabia Cyber Security Market - Porter’s Five Forces |
3.4. Saudi Arabia Cyber Security Market Revenue Share, By Types, 2019 & 2026F |
3.5. Saudi Arabia Cyber Security Market Revenue Share, By Deployment, 2019 & 2026F |
3.6. Saudi Arabia Cyber Security Market Revenue Share, By Verticals, 2019 & 2026F |
3.7. Saudi Arabia Cyber Security Market Revenue Share, By Regions, 2019 & 2026F |
4. Saudi Arabia Cyber Security Market Dynamics |
4.1. Impact Analysis |
4.2. Market Drivers |
4.3. Market Restraints |
5. Saudi Arabia Cyber Security Market Trends |
6. Saudi Arabia Cyber Security Market Overview, By Types |
6.1. Saudi Arabia Cyber Security Market Revenues, By Consumer Software, 2016-2026F |
6.2. Saudi Arabia Cyber Security Market Revenues, By Enterprise Cyber Security Products, 2016-2026F |
6.2.1. Saudi Arabia Cyber Security Market Revenue Share, By Enterprise Cyber Security Product Types, 2019 & 2026F |
6.2.2. Saudi Arabia Cyber Security Market Revenues, By Enterprise Cyber Security Product Types, 2016-2026F |
6.3. Saudi Arabia Cyber Security Market Revenues, By Enterprise Cyber Security Services, 2016-2026F |
6.3.1. Saudi Arabia Cyber Security Market Revenue Share, By Enterprise Cyber Security Service Types, 2019 & 2026F |
6.3.2. Saudi Arabia Cyber Security Market Revenues, By Enterprise Cyber Security Service Types, 2016-2026F |
7. Saudi Arabia Cyber Security Market Overview, By Deployment |
7.1. Saudi Arabia Cyber Security Market Revenues, By Cloud, 2016-2026F |
7.2. Saudi Arabia Cyber Security Market Revenues, By On Premises, 2016-2026F |
8. Saudi Arabia Cyber Security Market Overview, By Verticals |
8.1. Saudi Arabia Cyber Security Market Revenues, By Government and Defense, 2016-2026F |
8.2. Saudi Arabia Cyber Security Market Revenues, By BFSI, 2016-2026F |
8.3. Saudi Arabia Cyber Security Market Revenues, By Retail, 2016-2026F |
8.4. Saudi Arabia Cyber Security Market Revenues, By Healthcare and Hospitality, 2016-2026F |
8.5. Saudi Arabia Cyber Security Market Revenues, By IT and Telecom, 2016-2026F |
8.6. Saudi Arabia Cyber Security Market Revenues, By Energy and Utilities, 2016-2026F |
8.7. Saudi Arabia Cyber Security Market Revenues, By Manufacturing, 2016-2026F |
8.8. Saudi Arabia Cyber Security Market Revenues, By Others, 2016-2026F |
9. Saudi Arabia Cyber Security Market Overview, By Regions |
9.1. Saudi Arabia Cyber Security Market Revenues, By Central Region, 2016-2026F |
9.2. Saudi Arabia Cyber Security Market Revenues, By Western Region, 2016-2026F |
9.3. Saudi Arabia Cyber Security Market Revenues, By Eastern Region, 2016-2026F |
9.4. Saudi Arabia Cyber Security Market Revenues, By Southern Region, 2016-2026F |
10. Saudi Arabia Cyber Security Market – Key Performance Indicators |
11. Saudi Arabia Cyber Security Market - Opportunity Assessment |
11.1. Saudi Arabia Cyber Security Market Opportunity Assessment, By Types, 2026F |
11.2. Saudi Arabia Cyber Security Market Opportunity Assessment, By Deployment, 2026F |
11.3. Saudi Arabia Cyber Security Market Opportunity Assessment, By Verticals, 2026F |
12. Saudi Arabia Cyber Security Market – Competitive Landscape |
12.1. Saudi Arabia Cyber Security Market Company Revenue Ranking, By Company, 2019 |
13. Company Profiles |
13.1. Cisco Systems Inc. |
13.2. Fortinet Inc. |
13.3 Palo Alto Networks Inc. |
13.4. Broadcom Inc. |
13.5. Trend Micro Inc. |
13.6. Kaspersky Lab |
13.7. IBM Corporation |
13.8. Kaspersky Lab |
13.9. IBM Corporation |
13.10. FireEye Inc. |
14. Key Strategic Recommendation |
15. Disclaimer |
List of Figures |
Figure1. Saudi Arabia Cyber Security Market Revenues, 2016-2026F ($ Billion) |
Figure2. Saudi Arabia Cyber Security Market - Industry Life Cycle, 2019 |
Figure3. Saudi Arabia Cyber Security Market Revenue Share, By Types, 2019 & 2026F |
Figure4. Saudi Arabia Cyber Security Market Revenue Share, By Deployment, 2019 & 2026F |
Figure5. Saudi Arabia Cyber Security Market Revenue Share, By Verticals, 2019 & 2026F |
Figure6. Saudi Arabia Cyber Security Market Revenue Share, By Regions, 2019 & 2026F |
Figure7. Saudi Arabia ICT Market Spending, 2016–2022F ($ Billion) |
Figure8. Saudi Arabia IoT Spending, 2018-2023F ($ Million) |
Figure9. Saudi Arabia Cloud Implementation Roadmap, 2018-20E |
Figure10. Saudi Arabia Cyber Security Market Revenues, By Consumer Software, 2016-2026F ($ Million) |
Figure11. Saudi Arabia Cyber Security Market Revenues, By Enterprise Cyber Security Products, 2016-2026F ($ Million) |
Figure12. Saudi Arabia Cyber Security Market Revenue Share, By Enterprise Cyber Security Product Types, 2019 & 2026F |
Figure13. Saudi Arabia Cyber Security Market Revenues, By Enterprise Cyber Security Services, 2016-2026F ($ Million) |
Figure14. Saudi Arabia Cyber Security Market Revenue Share, By Enterprise Cyber Security Services Types, 2019 & 2026F |
Figure15. Saudi Arabia Cyber Security Market Revenues, By Deployment, 2016-2026F ($ Million) |
Figure16. Saudi Arabia Cyber Security Market Revenues, By Government and Defense, 2016-2026F ($ Million) |
Figure17. Saudi Arabia Cyber Security Market Revenues, By BFSI, 2016-2026F ($ Million) |
Figure18. Saudi Arabia Cyber Security Market Revenues, By Retail, 2016-2026F ($ Million) |
Figure19. Saudi Arabia Cyber Security Market Revenues, By Healthcare and Hospitality, 2016-2026F ($ Million) |
Figure20. Saudi Arabia Cyber Security Market Revenues, By IT and Telecom, 2016-2026F ($ Million) |
Figure21. Saudi Arabia Cyber Security Market Revenues, By Energy and Utilities, 2016-2026F ($ Million) |
Figure22. Saudi Arabia Cyber Security Market Revenues, By Manufacturing, 2016-2026F ($ Million) |
Figure23. Saudi Arabia Cyber Security Market Revenues, By Other Verticals, 2016-2026F ($ Million) |
Figure24. Saudi Arabia Cyber Security Market Revenues, By Regions, 2016-2026F ($ Million) |
Figure25. Saudi Arabia Big Data Market, 2016-2018 ($ Million) |
Figure26. Saudi Arabia E commerce Market Revenues, 2018–24F ($ Million) |
Figure27. Saudi Arabia Projected Food and Beverages Market Size, 2018–2021F (SAR Billion) |
Figure28. Saudi Arabia Cyber Security Market Opportunity Assessment, By Types, 2026F |
Figure29. Saudi Arabia Cyber Security Market Opportunity Assessment, By Deployment , 2026F |
Figure30. Saudi Arabia Cyber Security Market Opportunity Assessment, By Verticals, 2026F |
Figure31. Saudi Arabia Cyber Security Market Revenue Ranking, By Company, 2019 |
Figure32. Saudi Arabia Cyber Security Market – Ansoff Matrix |
List of Tables |
Table1. Saudi Arabia Cyber Security Market Revenues, By Enterprise Cyber Security Products Types, 2016-2026F ($ Million) |
Table2. Saudi Arabia Cyber Security Market Revenues, By Enterprise Cyber Security Service Types, 2016-2026F ($ Million) |