During the projected period, the Middle East Cyber Security Market is expected to grow at a Compound Annual Growth Rate (CAGR) of 17.1%, from USD 20.3 billion in 2022 to USD 44.7 billion by 2027.
The main market drivers believe that the rise of digitalization will lead to more sophisticated cyberattacks that will cause reputational and financial damages, strict government regulations, and cyberattacks.
Summary of Contents
- Issues with cyber security
- Increase in Cyber Crime Lack of Experts in Cyber Security
- The Development of New Cyber Attack Techniques
- Protection in Cryptosystems
- Final Words
Read more: MENA cybersecurity sector facing challenges