UAE Cloud Security Market: In-Depth Analysis and Forecasts for 2022-2027
MarkNtel Advisors, a leading market research firm, has showed its latest study titled “UAE Cloud Security Market“, offering a detailed industry overview and market perspective. This comprehensive research provides insights into the current state of the market, highlighting recent advancements and emerging trends.
The report combines in-depth quantitative analysis with qualitative analysis; it ranges from macro-overviews of the overall market size, industry chain, and market dynamics to micro details of segment markets. This, as a result, provides a thorough overview of the industry under study as well as a profound understanding of all of its important features.
Analysis and Insights into the UAE Cloud Security Market: 2022-2027
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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What are the primary factors driving the growth of the UAE Cloud Security Market?
Key Drivers: 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:
The UAE Cloud Security market is categorized in to different segments. Analyzing growth across these segments enables a comprehensive understanding of key growth areas within the industry. This segmentation provides valuable market insights, empowering stakeholders to make strategic decisions and identify primary market applications effectively.
By Enterprise Size
- Large Enterprise
- Small and Medium-Sized Enterprise
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
By Deployment Type
- Public Cloud
- Private Cloud
- Hybrid & Multi Cloud
By End User
- BFSI
- Healthcare
- IT and Telecom
- Government
- Retail
- Oil & Gas
- Others (Public Utilities, Education Institutes, etc.)
Geographical Analysis into the UAE Cloud Security Market:
The UAE Cloud Security market is categorized based Region:
- Abu Dhabi
- Dubai
- Sharjah & Rest of Emirates
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Competitive Landscape and UAE Cloud Security Market Share Analysis:
The competitive landscape of the UAE Cloud Security Market includes comprehensive details about competitors. These details encompass company overviews, financial performance, revenue generation, market potential, investments in research and development, new market strategies, production facilities, strengths and weaknesses, product launches, ongoing trials, approvals, patents, product range, dominant applications, and technology life cycle.
- 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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Questions Addressed in this Study
- What factors are driving the UAE Cloud Security Market growth?
- How is the UAE Cloud Security Market expected to grow over the next five years?
- What are the key insights into the current trends in the UAE Cloud Security Market?
- What is the current size of the UAE Cloud Security Market, and how is it projected to change in the future?
- What is the future outlook for the UAE Cloud Security Market in terms of technological advancements and market expansion?
Why choose MarkNtel?
MarkNtel Advisors is a leading market research company, consulting, & data analytics firm that provides an extensive range of strategic reports on diverse industry verticals. We deliver data to a substantial & varied client base, including multinational corporations, financial institutions, governments, & individuals, among others.
Our specialization in niche industries & emerging geographies allows our clients to formulate their strategies in a much more informed way and entail parameters like Go-to-Market (GTM), product development, feasibility analysis, project scoping, market segmentation, competitive benchmarking, market sizing & forecasting, & trend analysis, among others, for 14.8 diverse industrial verticals.
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