Please Wait.....

Report

Middle East & Africa Data-Centric Security Market Forecast to 2028 - COVID-19 Impact and Regional Analysis - by Component (Solution and Service), Deployment Mode (On Premise and Cloud based), Organization Size (Small and Medium Enterprises (SMEs) and Large Enterprises), and Verticals (IT and Telecommunication, BFSI, Government and Defense, Healthcare and Pharmaceutical, and Others)

Market Report I 2022-11-11 I 128 Pages I The Insight Partners

Discounted by 30% to 2024-06-30

The data-centric security market in Middle East & Africa is expected to grow from US$ 188.22 million in 2022 to US$ 556.66 million by 2028. It is estimated to grow at a CAGR of 19.8% from 2022 to 2028.

Incorporation of Artificial Intelligence (AI) and Multi-Cloud Strategy

Artificial intelligence (AI) is well suited to quickly analyze large amounts of data and apply heuristic algorithms to identify patterns. Black hat hackers are now using AI approaches to analyze network traffic and stolen data such as passwords to identify vulnerabilities that can be exploited immediately. Similarly, cybersecurity teams are using AI to analyze data collected from defenses and network traffic, looking for early warning of cyberattacks and new attack patterns. Hence, AI will play a crucial role in developing the data-centric security solution. Furthermore, in recent years, enterprise workloads have been dispersed across several cloud environments and evolved quickly, which is considered a multi-cloud security strategy. Nearly 92% of cloud solution adopters either have a multi-cloud strategy or are in the process of adopting an affordable multi-cloud and hybrid cloud strategy in the next few days, according to a new study by Flexera. Hence, the organization will focus on data security instead of application or server. In addition to increasing flexibility and layering automation and intelligence into security across platforms, multi-cloud security solutions with increase with the point solutions that tie security to a single site. Therefore, businesses will be better able to defend themselves against contemporary dangers when using multi-cloud security solutions.

Furthermore, the COVID-19 pandemic impacted businesses' operations, and multi-cloud helped businesses adapt to the new normal. Due to the recent turmoil, more than half (61%) of Flexera respondents say their focus is on providing more flexible ways of working. Most companies conclude that their remote workers may expand in the future. Thus, multi-cloud is the most flexible IT environment that enables this flexibility by distributing data across many geographic locations for user proximity and business continuity.

Market Overview

The data-centric security market in MEA includes South Africa, Saudi Arabia, the UAE, and the Rest of the MEA. The energy industry of the region had seen an increase in data-centric attacks. Rapid digitalization in countries like the United Arab Emirates and Saudi Arabia has enabled the number of connected devices by opening new gateways for data-centric attacks. Due to the recent low price of crude oil, the regional governments are increasing their investments in information and communication technologies. Owing to this, most of the region's social infrastructure, government services, financial sector, schools, and hospitals are increasingly implementing interconnected solutions with minimal attention to the security needs of these developments. The main factors driving the threat of data-centric attacks in the Middle East & African region are the growing vulnerabilities in digital communication networks and supply chains, growth in the user base of online consumers, and, most importantly, the region's deficient cybersecurity infrastructure. Banks in the region are answering to the consumers' preferences of the digital era by increasing their investments in digital modernizations while also focusing on improving the security of mobile banking and the user experience. For instance, Emirates NBD (ENBD), the leading bank in the region, invested AED 1 billion in digital transformation. In addition, the banks, such as Mashreq and Commercial Bank of Dubai (CBD), were early adopters of digital transformation.

Middle East & Africa Data-Centric Security Market Revenue and Forecast to 2028 (US$ Million)

Middle East & Africa Data-Centric Security Market Segmentation

The Middle East & Africa data-centric security market is segmented into component, deployment mode, organization size, verticals, and country.

Based on component, the market is bifurcated into solution and service. The service segment is expected to register the larger market share in 2022. Based on deployment mode, the Middle East & Africa data-centric-security market is segmented into cloud-based and on-premises. The cloud-based segment is projected to hold a larger market share in 2022. On the basis of organization size, the data-centric security market is segmented into small and medium enterprises and large enterprises. In 2022, the large enterprises is expected to hold the largest market share.

In terms of verticals, the Middle East & Africa data-centric-security market is categorized into government and defense, healthcare & pharmaceuticals, IT and telecommunication, BFSI, and others. The IT and telecommunication segment is projected to hold the largest market share in 2022.

Based on country, the market is segmented into Saudi Arabia, South Africa, UAE, and the Rest of Middle East & Africa. Saudi Arabia dominated the market share in 2022. Broadcom Corporation, Forcepoint, IBM Corporation, Informatica Corporation, Micro Focus, NetApp, Orange Cyberdefense, Talend, and Varonis are the leading companies operating in the data-centric security market in the region.

TABLE OF CONTENTS

1. Introduction
1.1 Study Scope
1.2 The Insight Partners Research Report Guidance
1.3 Market Segmentation
1.3.1 MEA Data-Centric Security Market - By Component
1.3.2 MEA Data-Centric Security Market - By Deployment Mode
1.3.3 MEA Data-Centric Security Market - By Organization Size
1.3.4 MEA Data-Centric Security Market - By Verticals
1.3.5 MEA Data-Centric Security Market - By Country
2. Key Takeaways
3. Research Methodology
3.1 Coverage
3.2 Secondary Research
3.3 Primary Research
4. MEA Data-Centric Security - Market Landscape
4.1 Market Overview
4.2 MEA PEST Analysis
4.3 Ecosystem Analysis
4.4 Expert Opinions
5. MEA Data-Centric Security Market - Market Dynamics
5.1 Key Market Drivers
5.1.1 Rising Focus on Data-Centric Security Model by Enterprises
5.1.2 Standardization of Data Protection Rules
5.2 Key Market Restraints
5.2.1 Concerns Regarding the Adoption of Cloud-Based Security Solutions
5.3 Key Market Opportunities
5.3.1 Increase in Data and Bring Your Own Device (BYOD) Policies
5.4 Future Trends
5.4.1 Incorporation of Artificial Intelligence (AI) and Multi-Cloud Strategy
5.5 Impact Analysis of Drivers and Restraints
6. Data-Centric Security Market - MEA Analysis
6.1 Overview
6.2 MEA Data-Centric Security Market Revenue and Forecast to 2028 (US$ Million)
7. MEA Data-Centric Security Market Analysis - By Component
7.1 Overview
7.2 MEA Data-Centric Security Market Breakdown, by Component, 2021 & 2028
7.3 Solution
7.3.1 Overview
7.3.2 Solution Market Revenue and Forecast to 2028 (US$ Million)
7.4 Service
7.4.1 Overview
7.4.2 Service Market Revenue and Forecast to 2028 (US$ Million)
8. MEA Data-Centric Security Market Analysis - By Deployment Mode
8.1 Overview
8.2 MEA Data-Centric Security Market Breakdown, by Deployment Mode, 2021 & 2028
8.3 On Premise
8.3.1 Overview
8.3.2 On Premise Market Revenue and Forecast to 2028 (US$ Million)
8.4 Cloud based
8.4.1 Overview
8.4.2 Cloud based Market Revenue and Forecast to 2028 (US$ Million)
9. MEA Data-Centric Security Market Analysis - By Organization Size
9.1 Overview
9.2 MEA Data-Centric Security Market Breakdown, by Organization Size, 2021 & 2028
9.3 Small and Medium Enterprises
9.3.1 Overview
9.3.2 Small and Medium Enterprises Market Revenue and Forecast to 2028 (US$ Million)
9.4 Large Enterprises
9.4.1 Overview
9.4.2 Large Enterprises Market Revenue and Forecast to 2028 (US$ Million)
10. MEA Data-Centric Security Market Analysis - By Verticals
10.1 Overview
10.2 MEA Data-Centric Security Market Breakdown, By Verticals, 2021 & 2028
10.3 IT and Telecommunication
10.3.1 Overview
10.3.2 IT and Telecommunication Market Revenue and Forecast to 2028 (US$ Million)
10.4 BFSI
10.4.1 Overview
10.4.2 BFSI Market Revenue and Forecast to 2028 (US$ Million)
10.5 Healthcare and Pharmaceutical
10.5.1 Overview
10.5.2 Healthcare and Pharmaceutical Market Revenue and Forecast to 2028 (US$ Million)
10.6 Government and Defense
10.6.1 Overview
10.6.2 Government and Defense Market Revenue and Forecast to 2028 (US$ Million)
10.7 Others
10.7.1 Overview
10.7.2 Others Market Revenue and Forecast to 2028 (US$ Million)
11. MEA Data-Centric Security Market - Country Analysis
11.1 Overview
11.1.1 MEA: Data-Centric Security Market Revenue and Forecast, by Country
11.1.1.1 South Africa: Data-Centric Security Market - Revenue and Forecast to 2028 (US$ Million)
11.1.1.1.1 South Africa Data-Centric Security Market Breakdown, By Component
11.1.1.1.2 South Africa Data-Centric Security Market Breakdown, By Deployment Mode
11.1.1.1.3 South Africa Data-Centric Security Market Breakdown, By Organization Size
11.1.1.1.4 South Africa Data-Centric Security Market Breakdown, By Verticals
11.1.1.2 Saudi Arabia: Data-Centric Security Market - Revenue and Forecast to 2028 (US$ Million)
11.1.1.2.1 Saudi Arabia Data-Centric Security Market Breakdown, By Component
11.1.1.2.2 Saudi Arabia Data-Centric Security Market Breakdown, By Deployment Mode
11.1.1.2.3 Saudi Arabia Data-Centric Security Market Breakdown, By Organization Size
11.1.1.2.4 Saudi Arabia Data-Centric Security Market Breakdown, By Verticals
11.1.1.3 UAE: Data-Centric Security Market - Revenue and Forecast to 2028 (US$ Million)
11.1.1.3.1 UAE Data-Centric Security Market Breakdown, By Component
11.1.1.3.2 UAE Data-Centric Security Market Breakdown, By Deployment Mode
11.1.1.3.3 UAE Data-Centric Security Market Breakdown, By Organization Size
11.1.1.3.4 UAE Data-Centric Security Market Breakdown, By Verticals
11.1.1.4 Rest of MEA: Data-Centric Security Market, Revenue and Forecast to 2028 (US$ Million)
11.1.1.4.1 Rest of MEA Data-Centric Security Market Breakdown, By Component
11.1.1.4.2 Rest of MEA Data-Centric Security Market Breakdown, By Deployment Mode
11.1.1.4.3 Rest of MEA Data-Centric Security Market Breakdown, By Organization Size
11.1.1.4.4 Rest of MEA Data-Centric Security Market Breakdown, By Verticals
12. Industry Landscape
12.1 Overview
12.2 Market Initiative
12.3 New Product Development
12.4 Merger and Acquisition
13. Company Profiles
13.1 Imperva
13.1.1 Key Facts
13.1.2 Business Description
13.1.3 Products and Services
13.1.4 Financial Overview
13.1.5 SWOT Analysis
13.1.6 Key Developments
13.2 IBM Corporation
13.2.1 Key Facts
13.2.2 Business Description
13.2.3 Products and Services
13.2.4 Financial Overview
13.2.5 SWOT Analysis
13.2.6 Key Developments
13.3 FORCEPOINT
13.3.1 Key Facts
13.3.2 Business Description
13.3.3 Products and Services
13.3.4 Financial Overview
13.3.5 SWOT Analysis
13.3.6 Key Developments
13.4 Broadcom Inc.
13.4.1 Key Facts
13.4.2 Business Description
13.4.3 Products and Services
13.4.4 Financial Overview
13.4.5 SWOT Analysis
13.4.6 Key Developments
13.5 Informatica Corporation
13.5.1 Key Facts
13.5.2 Business Description
13.5.3 Products and Services
13.5.4 Financial Overview
13.5.5 SWOT Analysis
13.5.6 Key Developments
13.6 Micro Focus
13.6.1 Key Facts
13.6.2 Business Description
13.6.3 Products and Services
13.6.4 Financial Overview
13.6.5 SWOT Analysis
13.6.6 Key Developments
13.7 NetApp, Inc.
13.7.1 Key Facts
13.7.2 Business Description
13.7.3 Products and Services
13.7.4 Financial Overview
13.7.5 SWOT Analysis
13.7.6 Key Developments
13.8 OrangeCyberdefense
13.8.1 Key Facts
13.8.2 Business Description
13.8.3 Products and Services
13.8.4 Financial Overview
13.8.5 SWOT Analysis
13.8.6 Key Developments
13.9 Talend
13.9.1 Key Facts
13.9.2 Business Description
13.9.3 Products and Services
13.9.4 Financial Overview
13.9.5 SWOT Analysis
13.9.6 Key Developments
14. Appendix
14.1 About The Insight Partners
14.2 Glossary of Terms

LIST OF TABLES

Table 1. MEA Data-Centric Security Market Revenue and Forecast to 2028 (US$ Million)
Table 2. Middle East and Africa: Data-Centric Security Market, Revenue and Forecast to 2028 - By Country (US$ Million)
Table 3. South Africa Data-Centric Security Market Revenue and Forecast to 2028 - By Component (US$ Million)
Table 4. South Africa Data-Centric Security Market Revenue and Forecast to 2028 - By Deployment Mode (US$ Million)
Table 5. South Africa Data-Centric Security Market Revenue and Forecast to 2028 - By Organization Size (US$ Million)
Table 6. South Africa Data-Centric Security Market Revenue and Forecast to 2028 - By Verticals (US$ Million)
Table 7. Saudi Arabia Data-Centric Security Market Revenue and Forecast to 2028 - By Component (US$ Million)
Table 8. Saudi Arabia Data-Centric Security Market Revenue and Forecast to 2028 - By Deployment Mode (US$ Million)
Table 9. Saudi Arabia Data-Centric Security Market Revenue and Forecast to 2028 - By Organization Size (US$ Million)
Table 10. Saudi Arabia Data-Centric Security Market Revenue and Forecast to 2028 - By Verticals (US$ Million)
Table 11. UAE Data-Centric Security Market Revenue and Forecast to 2028 - By Component (US$ Million)
Table 12. UAE Data-Centric Security Market Revenue and Forecast to 2028 - By Deployment Mode (US$ Million)
Table 13. UAE Data-Centric Security Market Revenue and Forecast to 2028 - By Organization Size (US$ Million)
Table 14. UAE Data-Centric Security Market Revenue and Forecast to 2028 - By Verticals (US$ Million)
Table 15. Rest of MEA Data-Centric Security Market Revenue and Forecast to 2028 - By Component (US$ Million)
Table 16. Rest of MEA Data-Centric Security Market Revenue and Forecast to 2028 - By Deployment Mode (US$ Million)
Table 17. Rest of MEA Data-Centric Security Market Revenue and Forecast to 2028 - By Organization Size (US$ Million)
Table 18. Rest of MEA Data-Centric Security Market Revenue and Forecast to 2028 - By Verticals (US$ Million)
Table 19. Glossary of Terms, MEA Data-Centric Security Market

LIST OF FIGURES

Figure 1. MEA Data-Centric Security Market Segmentation
Figure 2. MEA Data-Centric Security Market Segmentation - By Country
Figure 3. MEA Data-Centric Security Market Overview
Figure 4. MEA Data-Centric Security Market, By Component
Figure 5. MEA Data-Centric Security Market, By Deployment Mode
Figure 6. MEA Data-Centric Security Market, By Country
Figure 7. MEA: PEST Analysis
Figure 8. Expert Opinion
Figure 9. MEA Data-Centric Security Market Impact Analysis of Drivers and Restraints
Figure 10. MEA Data-Centric Security Market Revenue and Forecast To 2028 (US$ Million)
Figure 11. MEA Data-Centric Security Market Breakdown, by Component, 2021 & 2028 (%)
Figure 12. MEA Solution Market Revenue and Forecast to 2028 (US$ Million)
Figure 13. MEA Service Market Revenue and Forecast to 2028 (US$ Million)
Figure 14. MEA Data-Centric Security Market Breakdown, by Deployment Mode, 2021 & 2028 (%)
Figure 15. MEA On-Premise Market Revenue and Forecast to 2028 (US$ Million)
Figure 16. MEA Cloud based Market Revenue and Forecast to 2028 (US$ Million)
Figure 17. MEA Data-Centric Security Market Breakdown, by Organization Size, 2021 & 2028 (%)
Figure 18. MEA Small and Medium Enterprises Market Revenue and Forecast to 2028 (US$ Million)
Figure 19. MEA Large Enterprises Market Revenue and Forecast to 2028 (US$ Million)
Figure 20. MEA Data-Centric Security Market Breakdown, By Verticals, 2021 & 2028 (%)
Figure 21. MEA IT and Telecommunication Market Revenue and Forecast to 2028 (US$ Million)
Figure 22. MEA BFSI Market Revenue and Forecast to 2028 (US$ Million)
Figure 23. MEA Healthcare and Pharmaceutical Market Revenue and Forecast to 2028 (US$ Million)
Figure 24. MEA Government and Defense Market Revenue and Forecast to 2028 (US$ Million)
Figure 25. MEA Others Market Revenue and Forecast to 2028 (US$ Million)
Figure 26. MEA: Data-Centric Security Market, by Key Country-Revenue (2021) (US$ Million)
Figure 27. Middle East and Africa: Data-Centric Security Market, by Country, 2021 & 2028 (%)
Figure 28. South Africa: Data-Centric Security Market - Revenue and Forecast to 2028 (US$ Million)
Figure 29. Saudi Arabia: Data-Centric Security Market - Revenue and Forecast to 2028 (US$ Million)
Figure 30. UAE: Data-Centric Security Market - Revenue and Forecast to 2028 (US$ Million)
Figure 31. Rest of MEA: Data-Centric Security Market, Revenue and Forecast to 2028 (US$ Million)

Not Sure / Need Reassuring
- Confirm Content
  - Content is provided by our partners and every effort is made to make Market Report details as clear as possible. If you are not sure the exact content you require is included in this study you can Contact us to double check. To do this you can:
    
    Use the ‘? ASK A QUESTION’ below the license / prices and to the right of this box. This will come directly to our team who will work on dealing with your request as soon as possible.
    
    Write to directly on support@scotts-international.com with details. Please include as much information as possible including the name of report or link so our staff will be able to work on you request.
    
    Telephone us directly on 0048 603 394 346 and an experienced member of team will be on hand to answer.
- Sample Pages
  - With the vast majority of our partners we can obtain Sample Pages to support your decision. This is something we can arrange without revealing your personal details.
    
    It is important to note that we will not be able to provide you the exact data or statistics such as Market Size and Forecasts. Sample pages usually confirm the layout or the Categories included in Charts and Graphs, excluding specific data.
    
    To ask for Sample Pages by contact us through ‘? ASK A QUESTION’, support@scotts-international.com, or by telephoning 0048 603 394 346.
- Check for Alternatives
  - Whilst we try to make our online platform as easy to use as possible there is always the possibility that a better alternative has not been found in your search.
    
    To avoid this possibility Contact us through ‘? ASK A QUESTION’, support@scotts-international.com, or by telephoning 0048 603 394 346 and a Senior Team Member can review your requirements and send a list of possibilities with opinions and recommendations.
Prices / Formats / Delivery
- Prices
  - All prices are set by our partners and should be exactly the same as those listed on their own websites. We work on a Revenue share basis ensuring that you never pay more than what is offered elsewhere.
    
    Should you find the price cheaper on another platform we recommend you to Contact us as we should be able to match this price. You can Contact us though through ‘? ASK A QUESTION’, support@scotts-international.com, or by telephoning 0048 603 394 346.
- Discounts
  - As we work in close partnership with our Partners from time to time we can secure discounts and assist with negotiations, this is part of our personalised service to you.
    
    Discounts can sometimes be arranged for speedily placed orders; multiple report purchases or Higher License purchases.
    
    To check if a Discount is possible please Contact our experienced team through ‘? ASK A QUESTION’, support@scotts-international.com, or by telephoning 0048 603 394 346.
- Available Currencies
  - Most Market Reports on our platform are listed in USD or EURO based on the wishes of our Partners. To avoid currency fluctuations and potential price differentiations we do not offer the possibility to change the currency online.
    
    Should you wish to pay in a different currency to that advertised online we do accept payments in USD, EURO, GBP and PLN. The price will be calculated based on the relevant exchange rate taken from our National Bank.
    
    To pay in a different above currency to that advertised online please Contact our team and a quotation will be sent within a couple of hours with payment details.
- Licenses
  - License options vary from Partner to Partner as is usually based on the number of Users that will benefitting from the report. It is very important that License ordered is not breached as this could have potential negative consequences for you individually or your employer.
    
    If you have questions or need confirmation about the specific license we recommend you to Contact us and a detailed explanation will be provided.
- Global Site License
  - The Global Site License is the most comprehensive license available. By selecting this license, the Market Report can be shared with other ‘Allowed Users’ and any other member of staff from the same organisation regardless of geographic location.
    
    It is important to note that this may exclude Parent Companies or Subsidiaries.
    
    If you have questions or need confirmation about the specific license we recommend you to Contact us and a detailed explanation will be provided.
- Formats
  - The most common format is PDF, however in certain circumstances data may be present in Excel format or Online, especially in the case of Database or Directories. In addition, for certain higher license options a CD may also be provided.
    
    If you have questions or need clarification about the specific formats we recommend you to Contact us and a detailed explanation will be provided.
- Delivery
  - Delivery is fulfilled by our partners directly. Once an order has been placed we inform the partner by sharing the delivery email details given in the order process.
    
    Delivery is usually made within 24 hours of an order being placed, however it may take longer should your order be placed prior to the weekend or if otherwise specified on the Market Report details page. Additionally, if details have been not fully completed in the Order process a delay in delivery is possible.
    
    If a delay in delivery is expected you will be informed about it immediately.
- Shipping Charges
  - As most Market Reports are delivered in PDF format we almost never have to add additional Shipping Charges. If, however you are ordering a Higher License service or a specific delivery format (e.g. CD version) charges may apply.
    
    If you are concerned about additional Shipping Charges we recommend you to Contact us to double check.
Ordering
- By Credit Card
  - We work in Partnership with PayU to ensure payments are made securely in a fast and effortless way. PayU is the e-payments division of Naspers.
    
    Naspers operates in over 133 International Markets and ranks 3rd Globally in terms of the number of e-commerce customers served.
    
    For more information on PayU please visit: https://www.payu.pl/en/about-us
- By Money Transfer
  - If you require an invoice prior to payment, this is possible. To ensure a speedy delivery of the Market Report we require all relevant company details and you agree to maximum payment terms of 30 days from receipt of order.
    
    With our regular clients deliver of the Market Report can be made prior to receiving payment, however in some circumstances we may ask for payment to be received before arranging for the Market Report to be delivered.
Security
- Website security
  - We have specifically partnered with leading International companies to protect your privacy by using different technologies and processes to ensure security.
    
    Everything submitted to Scotts International is encrypted via SSL (Secure Socket Layer) and all personal information provided to Scotts International is stored on computer systems with limited access in controlled environments.
- Credit Card Security
  - We partner with PayU (https://www.payu.pl/en/about-us) to ensure all credit card payments are made securely in a fast and effortless way.
    
    PayU offers 250+ various payment channels and eWallet services across 4 continents allowing buyers to pay electronically, whether on a computer or a mobile device.