Middle East Managed & Professional Security Services Market Overview: 2021-2026
Base Year: 2020
Historical Years: 2016-19
Forecast Years: 2021-2026
The Middle East Managed & Professional Security Services Market is projected to grow at a CAGR of around 15% during the forecast period, i.e., 2021-26. The Middle East Managed & Professional Security Services Market is going through significant growth due to multiple drivers like technological advancements and, of course, increasing healthcare needs. The increase in road accidents throughout the country creates a greater demand for X-rays.
Markntel Advisorβs Middle East Managed & Professional Security Services Market Insights report provides the current and forecast market analysis, individual leading companies' market shares, challenges, Middle East Managed & Professional Security Services Market drivers, barriers, Middle East Managed & Professional Security Services Market Trends, and Key Players in Middle East Managed & Professional Security Services Market.
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Middle East Managed & Professional Security Services Market Dynamics: 2021-2026
Market Dynamics
Key Driver: Continued Trend of Remote Working and Bring Your Own Devices (BYOD)
With the rapid digitalization & integration of advanced technologies into different business operations, companies have adopted BYOD & Work-from-Home (WFH) policies. Employees working from home use private computers and networks like mobile hotspots or broadband that are more susceptible to cyberattacks & other threats since they are unknown to organizations. Hence, the increasing usage of personal devices connected to unprotected networks is fueling risks of malware attacks & data breaches. As a result, the demand for managed & professional security services is significantly rising among organizations that follow BYOD & WFH policies.
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Middle East Managed & Professional Security Services Market (2021-30): Segmentation Outlook
The market report has segmented the market into the following categories:
By Services
-Professional Services
-Design & Development
-Integration
-IT Assessment
-Consulting
-Training & Education
-Maintenance & Upgrades
-Managed Services
-Hosting services
-Cyber Security Services
-Managed Cloud services
-Managed Detection & Response (MDR)
-Managed Threat Intelligence
-Others (24x7 monitoring, On-demand IT support, KPI Monitoring, CRM & ERP management, etc.)
By Deployment
-Cloud
-On Premise
-Hybrid
By Enterprise Size
-Large
-Mid-sized
-Small
By End Users
-Oil & Gas
-BFSI
-Healthcare
-Utilities
-IT & ITES
-Telecom
-Industrial
-Others
By Countries
-UAE
-Saudi Arabia
-Qatar
-Turkey
-Israel
-Kuwait
-Bahrain
-Oman
-Egypt.
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Top Companies Operating in the Middle East Managed & Professional Security Services Market:
IBM, Cisco, BIOS Middle East Group, Huawei, Gulf Business Machines (GBM), Ras Infotech, AGC Networks, Data TAAG Technologies Middle East LLC, VRS Technologies LLC, Mindfire Technologies LLC, Chipco Solutions LLC, Others.
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