On-Premises Managed Security Services acquired the largest market revenue share in the Saudi Arabia Managed Security Services Market– 6Wresearch.
On-premise managed security services accounted for highest revenues in 2021 as the businesses are reluctant to share their sensitive data over cloud which makes the on-premise managed security services largest contributor of the market and with growing number of commercial projects in the country would further boost the demand for On-Premises Managed Security Services.
According to 6Wresearch, Saudi Arabia Managed Security Services Market size is projected to grow at a CAGR of 12.2% during 2022-2028. The market would continue to climb up owing to growing residential and commercial sector along with proposed construction investment in the country. With growing Saudi Arabia government’s initiative to launch Vision 2030 and CyberIC to develop the domestic cybersecurity sector the demand for managed security services would rise in upcoming years. Further, on account of rapid infrastructure development in the country and the need to monitor the growing data volumes in real time, the demand for managed security services would increase in near future.
According to, Shubham Deep, Research Analyst, 6Wresearch, Security assets monitoring, and management services acquired the largest share owing to growing number of oil and gas projects such as Marjan Oil Field Expansion, Jafurah Gas Field Project. Additionally, with remote work culture, the demand of remote work setup increased rapidly and rising concerns for data theft and asset security would further boost the demand of managed security services in the coming years.
According to, Parth Taneja, Research Associate, 6Wresearch, “By Organization size, Large enterprises held majority of the revenue share in Saudi Arabia managed security services market on account of rising number of large commercial offices in varied locations and under Vision 2030, Saudi Arabia vision is of becoming a global hub for commerce, investment, and international trade.
Major players in Saudi Arabia Managed Security Services, Cisco Systems, Inc., Atos SE, IBM Corporation, Kaspersky Lab, Microsoft Corporation, Advanced Technology and Cybersecurity Company.
“Saudi Arabia Managed Security Services Market (2022-2028)” report provides an in-depth analysis with 18 figures and 7 tables, covered in 81 pages. The Saudi Arabia Managed Security Services Market report thoroughly covers market by material types, By Service Types, By Organization Size, By Deployment Types, By Applications and By Regions Saudi Arabia Managed Security Services Market report provides an unbiased and detailed analysis of the on-going market trends opportunities/high growth areas and market drivers which would help the stakeholders to devise and align their market strategies according to the current and future market dynamics.
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