The Latin America, Middle East and Africa Threat Modeling Tools Market should witness market growth of 21.4% CAGR during the forecast period (2022-2028).
Threat modeling applied at the application level can give developers accurate operational accessibility into which specific applications (and which elements of those applications) may be most vulnerable to cyber threats, in contrast to many security tools that concentrate on monitoring and controlling risks at the enterprise level. With this knowledge, developers can focus on creating fixes while security experts can ensure the required safeguards are in place.
Threat modeling may assist developers in gaining a further understanding of possible security concerns while the product is still in the design phases when combined with current testing and quality assurance processes. Secure coding standards may also be expanded to include essential threat mitigations, or they can be given more priority when designing. Threat modeling may also be used as an addition to automated vulnerability scanning and testing technologies, reducing the risk of false negatives and enabling security teams to find zero-day vulnerabilities before attackers can.
Saudi Arabia is predicted to be one of the fastest-growing digital health sectors in the GCC region. The government has committed $1.5 billion for healthcare IT and digital transformation activities. The MOH devised an e-Health plan to leverage telemedicine to enhance the accessibility and quality of treatment in rural locations. Saudi Arabia’s telemedicine adoption rate is over 70 percent, and roughly 34 percent of young doctors utilize AI to ease diagnosis. In the spring of 2022, Saudi Arabia opened Seha Virtual Hospital, the biggest of its type in the world. With the digital transformation of healthcare throughout the region, the necessity for threat modeling tools grows from the industry to avert cyberattacks. This is anticipated to propel the market growth in the LAMEA region.
The Brazil market dominated the LAMEA Threat Modeling Tools Market by Country in 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $38 million by 2028. The Argentina market is experiencing a CAGR of 22.1% during (2022-2028). Additionally, The UAE market would showcase a CAGR of 21.1% during (2022-2028).
Based on Vertical, the market is segmented into IT & ITeS, BFSI, Healthcare, Utilities, and Others. Based on Platform, the market is segmented into Web-based, Desktop-based, and Cloud-based. Based on Component, the market is segmented into Solution, and Services. Based on Organization Size, the market is segmented into Large Enterprises, and Small & Medium Enterprises. Based on countries, the market is segmented into Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria, and Rest of LAMEA.
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Cisco Systems, Inc., IBM Corporation, Synopsys, Inc., Intel Corporation, Microsoft Corporation, Sparx Systems Pty. Ltd., Securonix, Inc., Varonis Systems, Inc., Coalfire Systems, Inc. (Apax Partners LLP), and Mandiant (Google LLC)
Threat modeling applied at the application level can give developers accurate operational accessibility into which specific applications (and which elements of those applications) may be most vulnerable to cyber threats, in contrast to many security tools that concentrate on monitoring and controlling risks at the enterprise level. With this knowledge, developers can focus on creating fixes while security experts can ensure the required safeguards are in place.
Threat modeling may assist developers in gaining a further understanding of possible security concerns while the product is still in the design phases when combined with current testing and quality assurance processes. Secure coding standards may also be expanded to include essential threat mitigations, or they can be given more priority when designing. Threat modeling may also be used as an addition to automated vulnerability scanning and testing technologies, reducing the risk of false negatives and enabling security teams to find zero-day vulnerabilities before attackers can.
Saudi Arabia is predicted to be one of the fastest-growing digital health sectors in the GCC region. The government has committed $1.5 billion for healthcare IT and digital transformation activities. The MOH devised an e-Health plan to leverage telemedicine to enhance the accessibility and quality of treatment in rural locations. Saudi Arabia’s telemedicine adoption rate is over 70 percent, and roughly 34 percent of young doctors utilize AI to ease diagnosis. In the spring of 2022, Saudi Arabia opened Seha Virtual Hospital, the biggest of its type in the world. With the digital transformation of healthcare throughout the region, the necessity for threat modeling tools grows from the industry to avert cyberattacks. This is anticipated to propel the market growth in the LAMEA region.
The Brazil market dominated the LAMEA Threat Modeling Tools Market by Country in 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $38 million by 2028. The Argentina market is experiencing a CAGR of 22.1% during (2022-2028). Additionally, The UAE market would showcase a CAGR of 21.1% during (2022-2028).
Based on Vertical, the market is segmented into IT & ITeS, BFSI, Healthcare, Utilities, and Others. Based on Platform, the market is segmented into Web-based, Desktop-based, and Cloud-based. Based on Component, the market is segmented into Solution, and Services. Based on Organization Size, the market is segmented into Large Enterprises, and Small & Medium Enterprises. Based on countries, the market is segmented into Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria, and Rest of LAMEA.
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Cisco Systems, Inc., IBM Corporation, Synopsys, Inc., Intel Corporation, Microsoft Corporation, Sparx Systems Pty. Ltd., Securonix, Inc., Varonis Systems, Inc., Coalfire Systems, Inc. (Apax Partners LLP), and Mandiant (Google LLC)
Scope of the Study
By Vertical
- IT & ITeS
- BFSI
- Healthcare
- Utilities
- Others
By Platform
- Web-based
- Desktop-based
- Cloud-based
By Component
- Solution
- Services
By Organization Size
- Large Enterprises
- Small & Medium Enterprises
By Country
- Brazil
- Argentina
- UAE
- Saudi Arabia
- South Africa
- Nigeria
- Rest of LAMEA
Key Market Players
List of Companies Profiled in the Report:
- Cisco Systems, Inc.
- IBM Corporation
- Synopsys, Inc.
- Intel Corporation
- Microsoft Corporation
- Sparx Systems Pty. Ltd.
- Securonix, Inc.
- Varonis Systems, Inc.
- Coalfire Systems, Inc. (Apax Partners LLP)
- Mandiant (Google LLC)
Unique Offerings
- Exhaustive coverage
- The highest number of Market tables and figures
- Subscription-based model available
- Guaranteed best price
- Assured post sales research support with 10% customization free
Table of Contents
Chapter 1. Market Scope & Methodology
Chapter 2. Market Overview
Chapter 3. Competition Analysis - Global
Chapter 4. LAMEA Threat Modeling Tools Market by Vertical
Chapter 5. LAMEA Threat Modeling Tools Market by Platform
Chapter 6. LAMEA Threat Modeling Tools Market by Component
Chapter 7. LAMEA Threat Modeling Tools Market by Organization Size
Chapter 8. LAMEA Threat Modeling Tools Market by Country
Chapter 9. Company Profiles
Companies Mentioned
- Cisco Systems, Inc.
- IBM Corporation
- Synopsys, Inc.
- Intel Corporation
- Microsoft Corporation
- Sparx Systems Pty. Ltd.
- Securonix, Inc.
- Varonis Systems, Inc.
- Coalfire Systems, Inc. (Apax Partners LLP)
- Mandiant (Google LLC)
Methodology
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