This is creating a healthy demand for cyber security systems among the organisations in this region. Moreover, the Middle East region is dominating in heavy industries such as oil and gas. These industries due to their remote and geographically vast operations are highly dependent on internet networks, which in turn magnify their vulnerability to cyber attacks. This threat of cyber attacks is another factor boosting the demand for latest cyber security solutions in this region.

The prime objective of cyber security is to ensure the confidentiality of the information shared across the network. It is also applied to data monitoring in public and private computer networks including the internet to ensure information security. The cyber security enables protection from attacks such as unauthorized access, hacking, injection of codes such as virus and Trojans and other vulnerabilities. 

Cyber security can be broadly segmented on the basis of technologies used to prevent cyber attacks. Various technologies to ensure cyber security include antivirus, data encryption, intrusion prevention systems, firewalls and distributed denial of service (DDoS) mitigation.

Amongst the Middle East countries, United Arab Emirates (UAE) accounts for the largest demand for advanced cyber security solutions, due to expanding BFSI sector, for the past few years. Saudi Arabia follows UAE in terms of demand for cyber security systems with growing oil and gas as well as BFSI industry. However, countries such as Oman and Qatar are expected to grow at a healthy rate in near future owing to increasing business opportunities in oil and gas industry in this region.

Some of the major players in the cyber security systems market include BAE Systems, Boeing Defense, Space and Security, Computer Science Corporation (CSC), IBM Corporation, Intel Corporation, Symantec Corporation, Hewlett Packard (HP) Company, Booz Allen Hamilton Inc., IBM Corporation and others.

The latest report from Transparancy Market Research on the subject of Middle Eastern cyber security analyses this market on the basis of its market segments, major geographies, and current market trends. This report provides comprehensive analysis of market growth drivers, factors limiting market growth,current market trends, market structure and market projections for upcoming years.

The report is a complete study of current trends in the market, industry growth drivers, and restraints. It provides market projections for the coming years. It includes analysis of recent developments in technology, Porter’s five force model analysis and detailed profiles of top industry players. The report also includes a review of micro and macro factors essential for the existing market players and new entrants along with detailed value chain analysis.