The Middle East and Africa Cyber Security Market is Estimated to Reach $13.43 Billion by 2019 - New Report by MicroMarket Monitor

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Middle East and African cyber security solutions and services market expected to hit the $13 billion mark by 2019

MicroMarket Monitor

MicroMarket Monitor

Key Players in the Middle East and Africa Cyber Security market are Cisco Systems, IBM, Northrop Grumman, CSC, and Symantec

The Middle East and Africa Cyber Security report defines and segments the cyber security solutions and services market in the Middle East and Africa (MEA) with analysis and forecast of revenue. This market is estimated to grow from around $7.06 billion in 2014 to $13.43 billion by 2019, at a CAGR of 13.7% from 2014 to 2019.

Browse through the TOC of the Middle East and Africa Cyber Security Market report to get an idea of the in-depth analysis provided. It also provides a glimpse of the segmentation in the market, and is supported by various tables and figures.

MEA is an emerging market, wherein the UAE holds a maximum share in the cyber security solutions and services market.As of 2014, the UAE contributed a major share of around 41.5% to this market. With the increase in the number of security breaches, many countries in the MEA region are putting forward the cyber security issue and making strict regulations regarding Internet, media, publications, surveillance, and monitoring.

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This market is segmented and forecasted on the basis of solutions and services of cyber security, such as identity and access management, risk and compliance management, encryption, data loss protection, unified threat management, firewall, antivirus and antimalware, IDS/IPS, security and vulnerability management, disaster recovery, DDOS mitigation, web filtering, others. Services include consulting, design and integration, risk and threat assessment, managed security service, and training and education. The market is further segmented and forecasted on the basis of major countries, such as Saudi Arabia and the UAE.

Early buyers will receive 10% customization on this report.

This report also includes the market share, supply chain and value chain analyses, and market metrics such as drivers and restraints. In addition, it presents a competitive landscape and company profiles of key players in the market including major companies that provide cyber security.

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The North American Fraud Detection and Prevention (FDP) market is expected to grow from $1,276.6 million in 2013 to $2,111.3 million by 2018, with an expected CAGR of 10.6% for the period 2013-2018. The North American FDP contributes 34.85% of the global FDP market and is poised to retain its market share to 27.55% by 2018.
It is segmented on the basis of regions, solutions, end users, and industries.

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