The MEA security as a service market is expected to grow from US$ 1,307.29 million in 2022 to US$ 3,032.31 million by 2028; it is estimated to grow at a CAGR of 15.1% from 2022 to 2028.
Vendors in the security as a service market can attract new customers and expand their footprints in emerging markets by offering products with new features and technologies. This factor is likely to drive the MEA security as a service market at a good CAGR during the forecast period.
Based on organization size, the market is segmented into small and medium enterprises and large enterprises. The large enterprises segment dominated the market in 2022 and small and medium enterprises segment is expected to register the highest CAGR during the forecast period.
Based on application, the MEA security as a service market is segmented into network security, endpoint security, application security, cloud security, and others. The network security segment dominated the market in 2022, and the application security segment is expected to register the highest CAGR during the forecast period.
Based on vertical, the MEA security as a service market is segmented into BFSI, government & defense, retail, healthcare, IT & telecom, energy & utilities, manufacturing, and others. The BFSI segment dominated the market in 2022 and is expected to register the highest CAGR during the forecast period.
Based on country, the MEA security as a service market is segmented into South Africa, Saudi Arabia, UAE, and Rest of MEA.
Barracuda Networks, Inc.; IBM Corporation; McAfee, LLC; Microsoft Corporation; Radware; Trend Micro Incorporated; and Zscaler, Inc. are among the leading companies in the MEA security as a service market.
Vendors in the security as a service market can attract new customers and expand their footprints in emerging markets by offering products with new features and technologies. This factor is likely to drive the MEA security as a service market at a good CAGR during the forecast period.
MEA Security As A Service Market Segmentation
The MEA security as a service market is segmented on the basis of component, organization size, application, vertical, and country. Based on component, the market is segmented into solution and service. The solution segment dominated the market in 2022, and the service segment is expected to register the highest CAGR during forecast period.Based on organization size, the market is segmented into small and medium enterprises and large enterprises. The large enterprises segment dominated the market in 2022 and small and medium enterprises segment is expected to register the highest CAGR during the forecast period.
Based on application, the MEA security as a service market is segmented into network security, endpoint security, application security, cloud security, and others. The network security segment dominated the market in 2022, and the application security segment is expected to register the highest CAGR during the forecast period.
Based on vertical, the MEA security as a service market is segmented into BFSI, government & defense, retail, healthcare, IT & telecom, energy & utilities, manufacturing, and others. The BFSI segment dominated the market in 2022 and is expected to register the highest CAGR during the forecast period.
Based on country, the MEA security as a service market is segmented into South Africa, Saudi Arabia, UAE, and Rest of MEA.
Barracuda Networks, Inc.; IBM Corporation; McAfee, LLC; Microsoft Corporation; Radware; Trend Micro Incorporated; and Zscaler, Inc. are among the leading companies in the MEA security as a service market.
Table of Contents
1. Introduction
3. Research Methodology
4. Security As A Service Market Landscape
5. MEA Security As A Service-Market Dynamics
6. Security As A Service Market - MEA Analysis
7. MEA Security As A Service Market Analysis - By Component
8. MEA Security As A Service Market Analysis - By Organization Size
9. MEA Security As A Service Market Analysis - By Application
10. MEA Security As A Service Market Analysis - By Vertical
11. MEA Security As A Service Market - Country Analysis
12. Industry Landscape
13. Company Profiles
14. Appendix
List of Tables
List of Figures
Companies Mentioned
- Barracuda Networks, Inc.
- IBM Corporation
- McAfee, LLC
- Microsoft Corporation
- Radware
- Trend Micro Incorporated
- Zscaler, Inc.
Table Information
Report Attribute | Details |
---|---|
No. of Pages | 115 |
Published | October 2022 |
Forecast Period | 2022 - 2028 |
Estimated Market Value ( USD | $ 1307.29 Million |
Forecasted Market Value ( USD | $ 3032.31 Million |
Compound Annual Growth Rate | 15.1% |
Regions Covered | Africa, Middle East |
No. of Companies Mentioned | 7 |