UAE Cloud Security Market Poised for Robust Growth, forecasted to Expand at 13.26% CAGR from 2022-27

MarkNtel Advisors has released its latest report highlighting strong growth in The UAE Cloud Security Market is projected to grow at a CAGR of around 13.26% during the forecast period, i.e., 2022-27.

Report Coverage

This report offers a comprehensive analysis of the UAE Cloud Security Market, providing valuable insights across historical trends, current dynamics, and future forecasts.

• Base Year: 2021
• Forecast Years: 2022-27
• Historical Years: 2017-20

UAE Cloud Security Market Overview

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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UAE Cloud Security Market Segmentation Outlook

The UAE Cloud Security is categorized into notable segments, which help in understanding the structure, dynamics, and opportunities within the market. These segments are typically based on:

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.)

By Region

• Abu Dhabi
• Dubai
• Sharjah & Rest of Emirates

UAE Cloud Security Market D/C/T/o

 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.

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Top UAE Cloud Security Market Brands & Their Strategic Market Positioning

MarkNtel Advisors Research identifies 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 as key players shaping the market landscape.

UAE Cloud Security Market News

• In 2020, StarLink, one of the IT distributors in the Middle East, Turkey, and Africa (META) region formed a partnership with SailPoint, an American Identity security solution provider, to offer businesses identity & access management solutions.

Key Questions Answered in the Report

• What is the market size (value & volume) along with the current & future trends, growth factors & challenges, etc.?
• How the industry has been evolving, and which segments would dominate the market during the forecast period?
• What are the key opportunity areas that companies foresee in the coming years 2027?
• Who are the key players in the market, and what are their competitive strengths?
• What are the key growth drivers & challenges associated with the market, and how would they impact the market through the forecast period?

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