Markntel Advisors’ report, Middle East Zero Trust Security Research Report: Trend, Business Growth, Size, Future Scope, Segmentation, Dynamics, and Forecast to 2030, offers a comprehensive guide for the growing industry. 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. The research report on the Middle East Zero Trust Security 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.

Middle East Zero Trust Security Market Industry Research Report & Market Summary:

The Middle East Zero Trust Security 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. The increasing number of cyber threats from within and outside the organizations in the Middle East has led to the growing demand for zero-trust security solutions in the region. The zero trust security based on the idea “never trust always verify” has made it a standard when implementing cybersecurity solutions. The increasing digitalization of Middle Eastern countries due to the implementation of technologies such as cloud computing, the Internet of Things, machine learning, blockchain, artificial intelligence, and data analytics are being implemented by organizations and governments in the region.

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Middle East Zero Trust Security Market Dynamics:

Key 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 Segmentation Analysis:

According to MarkNtel study the market is segmented into the following categories:

By Component

  • 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

Multi-factor authentication leads the market share when considering segmentation based on the type of authentication for the Middle East Zero Trust Security Market. 

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
  •  

UAE currently holds a considerable market share in the Middle East for Zero Trust Security Market along with Saudi Arabia closely following it. 

As indicated in the latest market research report published by Markntel Advisors, “Middle East Zero Trust Security Research Report: Forecast (2024-2030)”, this report offers a detailed analysis of the industry, featuring insights into the Middle East Zero Trust Security. It encompasses competitor and geographical analyses, as well as recent advancements in the market.

Browse Full Report Along with TOC and Figures - https://www.marknteladvisors.com/research-library/middle-east-zero-trust-security-market.html

Top Companies Operating in the Middle East Zero Trust Security Market:

  • Check Point Software Technologies 
  • Cloudflare
  • Sophos
  • CyberArk
  • IBM
  • Microsoft
  • CyberKnight Technologies
  • Orange
  • Citrix
  • Palo Alto Networks
  • Fortinet
  • Others.

Note - If there are any particular details you need that are not currently included in the report, we will be happy to provide them as part of our customization services.

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Other Report:

Key Report Highlights:

  • Market Dimensions & Projections
  • Pricing Evaluation,
  • Recent Strategic Moves by Companies,
  • Primary Stakeholders,
  • Analysis of Import and Export Trends,
  • Competitive Landscape Assessment,
  • Emerging Opportunities,
  • Market Trends and Indicators

Frequently Asked Questions (FAQs)-

  1. What are the industry’s overall statistics or estimates (Overview, Size- By Value, Forecast Numbers, Segmentation, Shares)?
  2. What are the trends influencing the current scenario of the market?
  3. What leading factors would propel and impede the industry across the geography?
  4. How has the industry been evolving in terms of geography & Middle East Zero Trust Security Market adoption?
  5. How has the competition been shaping up across the geography?
  1. 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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