Markntel Advisors’ report, UAE Cloud Security Research Report: Trend, Business Growth, Size, Future Scope, Segmentation, Dynamics, and Forecast to 2027, 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 UAE Cloud 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.
UAE Cloud Security Market Research Report & Market Summary:
The UAE Cloud Security Market is projected to grow at a CAGR of around 13.26% during the forecast period, i.e., 2022-27. The factors responsible for the market growth are the rapid investments by the global & regional cloud services providers in the country, proactive government measures towards strengthening cybersecurity, increasing adoption of cloud services by enterprises for achieving scalability & cost-effectiveness, and mitigating cyberattacks, among others, have driven the demand for cloud security solutions during the historical periods. Moreover, the UAE has been at the forefront of implementing cloud services, both in government entities & private companies. Thus, the deepening cloud cluster in the country has bolstered the need for stronger cybersecurity, which has prompted a marked increase in cloud security demand.
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UAE Cloud Security Market Dynamics:
Key Driver-
Upthrow in the Use of Cloud-based Solutions – The rapid increase in the adoption of cloud platforms & services by enterprises as well as the government has elevated the need for cloud security during 2017-21. The UAE has a cloud-first policy for catalyzing cloud adoption in the private & public sectors, due to which the country has seen the burgeoning prevalence of cloud-based solutions. Moreover, the appreciable steps, including the UAE Vision 2021, National Innovation Strategy, TRA Vision, etc., taken up by the UAE government have widened the scope of cloud security solutions in the country.
Since 2017, there have been several investments by the global cloud players, such as AWS, Oracle, Microsoft, and Google, among others, to stretch their product offerings in the region by making the UAE a data hub. As a result, the development of major cloud clusters in the country has been observed to be a key demand generator for cloud security.
- In 2022, Microsoft Azure launched its digitally transformative services, including Azure Purview, Azure Arc enabled servers, Azure Communication Services, and Azure Machine Learning on its Azure UAE cloud regions. Previously, in 2019, the company launched its Microsoft Cloud Regions in the UAE to accelerate its cloud business in the Middle East & North Africa (MENA) region.
UAE Cloud Security Market Segmentation Analysis:
According to MarkNtel study the market is segmented into the following categories:
By Enterprise Size
- Large Enterprise
- Small and Medium-Sized Enterprise
Among them, the large enterprises held a notable share in the UAE cloud security market, owing to the surging adoption of cloud services for providing cloud storage, Software as a Services (SaaS) platforms, and disaster recovery. Therefore, the adoption of cloud security has increased to avoid cyber-attacks & provide full-time security on the online platform of enterprises. Hence, the application of cloud security in the enterprise increases the data security from distributed denial of service (DDoS) attacks, malware, hackers, and unauthorized user access or use.
By Security Type
- Identify and Access Management
- Security information and event management (SIEM)?
- Remote Vulnerability Assessment?
- Data Loss Prevention
- Others (Operations Management, Risk & Compliance Management
Of them, Identity & Access Management & data loss prevention (DLP) has been observed to record the highest growth rate during 2017-21.
By Deployment Type
- Public Cloud
- Private Cloud
- Hybrid & Multi Cloud
Based on the deployment type, the public cloud acquired a considerable share in the UAE cloud security market in the historical years, owing to the wider adoption of public cloud services by the Small & Medium Enterprises (SMEs) in the UAE. The companies have been inclined towards the public cloud due to the scalability & myriad of digital transformation services & to attain cost-efficiency.
By End User
- BFSI
- Healthcare
- IT and Telecom
- Government
- Retail
- Oil & Gas
- Others (Public Utilities, Education Institutes, etc.)
Among all, the rising investments in BFSI and IT & telecom sectors have emerged as the major demand generator for cloud security solutions.
By Region
- Abu Dhabi
- Dubai
- Sharjah & Rest of Emirates.
As indicated in the latest market research report published by Markntel Advisors, “UAE Cloud Security Research Report: Forecast (2022-2027)”, this report offers a detailed analysis of the industry, featuring insights into the UAE Cloud Security industry. 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/uae-cloud-security-market.html
Top Companies Operating in the UAE Cloud Security Market:
- IBM Middle East FZ LLC, UAE
- Oracle Systems Limited
- Microsoft Gulf FZ LLC (Microsoft Gulf)
- AWS Dubai
- Juniper Networks Inc.
- Cisco Middle East, UAE
- Broadcom, UAE
- Palo Alto Networks UAE
- CyberArk Software Inc.
- Fortinet Inc.
- Others.
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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
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.
Frequently Asked Questions (FAQs)-
- What are the industry’s overall statistics or estimates (Overview, Size- By Value, Forecast Numbers, Segmentation, Shares)?
- What are the trends influencing the current scenario of the market?
- What leading factors would propel and impede the industry across the geography?
- How has the industry been evolving in terms of geography & UAE Cloud Security Market adoption?
- How has the competition been shaping up across the geography?
- 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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