Saudi Arabia Cybersecurity Market, By Security Type (Network Security, Application Security, Cloud Security, Endpoint Security, Content Security & Others), By Solution Type (Firewall, Antivirus & Malware, Risk & Compliance Management, Identity & Access Management, Data Loss Prevention, Unified Threat Management, Encryption & Decryption, Intrusion Detection/Prevention System, Infrastructure Security & Others), By Deployment Mode (Cloud & On-premises), By End-User Industry (Government, BFSI, Corporates/Private Organizations, Retail, Healthcare, Education Technology & Others), By Region, By Top Emirates, Competition, Forecast & Opportunities, 2016-2026F

Abstract
Saudi Arabia Cybersecurity Market was valued at USD3618.90 million in 2020 and is expected to grow at a CAGR of 17.98% to reach the value of USD9845.26 million by 2026. The surge in efforts by the government to diversify the income sources and reduce the dependency on the oil industry, growing digitization of public and private institutions, and increasing concerns about cyber-attacks are the primary factors driving the demand for Saudi Arabia Cybersecurity Market in the forecast period.
High-end investments by the government for the development of the IT infrastructure of the country and the imposition of strict government regulations emphasizing the need for cybersecurity solutions to secure confidential public data are accelerating the demand for cybersecurity solutions in the country. The onset of COVID-19 contributed significantly to increasing the growth of Saudi Arabia Cybersecurity Market as the organizations provided the facility of work from home to their employees to protect them from getting infected. The shift to digital remote platforms increased the organizations' spending on advanced cybersecurity solutions to ensure data privacy and security. Rapid advancements in the technology, adoption of advanced technologies such as IoT, artificial intelligence, and deployment of 5G technology are expected to create lucrative growth opportunities for the Saudi Arabia Cybersecurity Market in the forecast period.

Saudi Arabia Cybersecurity Market is divided into security type, solution type, deployment mode, end-user industry, company, and regional distribution.
Based on deployment mode, the market is bifurcated into cloud and on-premises. The cloud model is expected to hold the largest market share in the forecast period. The rapid adoption of cloud technology by organizations and institutions as they offer several advantages over on-premises models such as scalability, flexibility, and affordability are driving the demand for cloud technology throughout the forecast period.

Some of the major market players of Saudi Arabia Cybersecurity Market are International Business Machine Corporation (IBM), McAfee Corp., Cisco Systems, Inc., Palo Alto Networks, Inc., NortonLifeLock Inc., FORTINET, INC., Dell Technologies Inc., Check Point Software Technologies Ltd, Salesforce.com, Inc., Trend Micro, Inc, FireEye, Inc., Al Moammar Information Systems Co. (MIS)., Tenable, Inc., Hewlett Packard Enterprise Development LP, and NEC Corporation.

Years considered for this report:
Historical Years: 2016-2019
Base Year: 2020
Estimated Year: 2021
Forecast Period: 2022–2026

Objective of the Study:
•To analyze the historical growth in the market size of Saudi Arabia Cybersecurity Market from 2016 to 2020.
•To estimate and forecast the market size of Saudi Arabia Cybersecurity Market from 2021 to 2026 and growth rate until 2026.
•To classify and forecast Saudi Arabia Cybersecurity Market based on security type, solution type, deployment mode, end-user industry, company, and regional distribution.
•To identify dominant region or segment in the Saudi Arabia Cybersecurity Market.
•To identify drivers and challenges for Saudi Arabia Cybersecurity Market.
•To examine competitive developments such as expansions, new services, mergers & acquisitions, etc., in Saudi Arabia Cybersecurity Market.
•To identify and analyze the profile of leading players operating in Saudi Arabia Cybersecurity Market.
•To identify key sustainable strategies adopted by market players in Saudi Arabia Cybersecurity Market.
TechSci Research performed both primary as well as exhaustive secondary research for this study. Initially, TechSci Research sourced a list of service providers across Saudi Arabia. Subsequently, TechSci Research conducted primary research surveys with the identified companies. While interviewing, the respondents were also enquired about their competitors. Through this technique, TechSci Research could include the service providers who could not be identified due to the limitations of secondary research. TechSci Research analyzed the service providers, distribution channels and presence of all major players across Saudi Arabia.
TechSci Research calculated the market size of Saudi Arabia Cybersecurity Market using a bottom-up approach, wherein data for various end-user segments was recorded and forecast for the future years. TechSci Research sourced these values from the industry experts and company representatives and externally validated through analyzing historical data of these services and applications for getting an appropriate, overall market size. Various secondary sources such as company websites, news articles, press releases, company annual reports, investor presentations and financial reports were also studied by TechSci Research.

Key Target Audience:
•Cybersecurity service provider companies
•Market research and consulting firms
•Government bodies such as regulating authorities and policy makers
•Organizations, forums, and alliances related to Cybersecurity
The study is useful in providing answers to several critical questions that are important for the industry stakeholders such as service providers, and partners, end users, etc., besides allowing them in strategizing investments and capitalizing on market opportunities.

Report Scope:
In this report, the Saudi Arabia Cybersecurity Market has been segmented into the following categories, in addition to the industry trends which have also been detailed below:

•Saudi Arabia Cybersecurity Market, By Security Type:
oNetwork Security
oApplication Security
oCloud Security
oEndpoint Security
oContent Security
oOthers
•Saudi Arabia Cybersecurity Market, By Solution Type:
oFirewall
oAntivirus & Anti Malware
oRisk & Compliance Management
oIdentity & Access Management
oData Loss Prevention
oUnified Threat Management
oEncryption & Decryption
oIntrusion Detection/Prevention System
oInfrastructure Security
oOthers
•Saudi Arabia Cybersecurity Market, By Deployment Mode:
oCloud
oOn-premises
•Saudi Arabia Cybersecurity Market, By End-User Industry:
oGovernment
oBFSI
oCorporates/Private Organizations
oRetail
oHealthcare
oEducation Technology
oOthers
•Saudi Arabia Cybersecurity Market, By Region:
oCentral
oEastern
oWestern
oRest of Saudi Arabia


Competitive Landscape:

Company Profiles: Detailed analysis of the major companies present in the Saudi Arabia Cybersecurity Market.

Available Customizations:
With the given market data, TechSci Research offers customizations according to a company’s specific needs. The following customization options are available for the report:
Company Information
•Detailed analysis and profiling of additional market players (up to five).

Content
Table of Contents

1.Service Overview
2.Research Methodology
3.Impact of COVID-19 on Saudi Arabia Cybersecurity Market
4.Executive Summary
5.Voice of Customer
5.1.Preference for Cybersecurity Team
5.2.Parameters for Selecting Cybersecurity Providers
5.3.Types of security threats experienced
5.4.Brand Awareness
6.Saudi Arabia Cybersecurity Market Outlook
6.1.Market Size & Forecast
6.1.1.By Value
6.2.Market Share & Forecast
6.2.1.By Security Type (Network Security, Application Security, Cloud Security, Endpoint Security, Content Security & Others)
6.2.2.By Solution Type (Firewall, Antivirus & Anti Malware, Risk & Compliance Management, Identity & Access Management, Data Loss Prevention, Unified Threat Management, Encryption & Decryption, Intrusion Detection/Prevention System, Infrastructure Security & Others)
6.2.3.By Deployment Mode (Cloud & On-premises)
6.2.4.By End-User Industry (Government, BFSI, Corporates/Private Organizations, Retail Healthcare, Education Technology & Others)
6.2.5.By Region (Central, Eastern, Western & Rest of Saudi Arabia)
6.2.6.By Top 5 Emirates
6.2.7.By Company (2020)
6.3.Market Map
7.Saudi Arabia Network Security Market Outlook
7.1.Market Size & Forecast
7.1.1.By Value
7.2.Market Share & Forecast
7.2.1.By Solution Type
7.2.2.By Deployment Mode
7.2.3.By End-User Industry
8.Saudi Arabia Application Security Market Outlook
8.1.Market Size & Forecast
8.1.1.By Value
8.2.Market Share & Forecast
8.2.1.By Solution Type
8.2.2.By Deployment Mode
8.2.3.By End-User Industry
9.Saudi Arabia Cloud Security Market Outlook
9.1.Market Size & Forecast
9.1.1.By Value
9.2.Market Share & Forecast
9.2.1.By Solution Type
9.2.2.By Deployment Mode
9.2.3.By End-User Industry
10.Saudi Arabia Endpoint Security Market Outlook
10.1.Market Size & Forecast
10.1.1.By Value
10.2.Market Share & Forecast
10.2.1.By Solution Type
10.2.2.By Deployment Mode
10.2.3.By End-User Industry
11.Saudi Arabia Content Security Market Outlook
11.1.Market Size & Forecast
11.1.1.By Value
11.2.Market Share & Forecast
11.2.1.By Solution Type
11.2.2.By Deployment Mode
11.2.3.By End-User Industry
12.Market Dynamics
12.1.Drivers
12.2.Challenges
13.Market Trends and Developments
14.Policy & Regulatory Landscape
15.Saudi Arabia Economic Profile
16.Competitive Landscape
16.1.International Business Machine Corporation (IBM)
16.2.McAfee Corp.
16.3.Cisco Systems, Inc.
16.4.Palo Alto Networks Inc.
16.5.NortonLifeLock Inc.
16.6.FORTINET, INC.
16.7.Dell Technologies Inc.
16.8.Check Point Software Technologies Ltd
16.9.Salesforce.com, Inc.
16.10.Trend Micro, Inc
16.11.FireEye, Inc.
16.12.Al Moammar Information Systems Co. (MIS).
16.13.Tenable, Inc.
16.14.Hewlett Packard Enterprise Development LP
16.15.NEC Corporation
17.Strategic RecommendationsList of Figure

Figure 1: Saudi Arabia Cybersecurity Market Size, By Value (USD Million), 2016-2026F
Figure 2: Saudi Arabia Cybersecurity Market Share, By Security Type, By Value, 2016-2026F
Figure 3: Saudi Arabia Cybersecurity Market Share, By Solution Type, By Value, 2016-2026F
Figure 4: Saudi Arabia Cybersecurity Market Share, By Deployment Mode, By Value, 2016-2026F
Figure 5: Saudi Arabia Cybersecurity Market Share, By End-User Industry, By Value, 2016-2026F
Figure 6: Saudi Arabia Cybersecurity Market Share, By Region, By Value, 2016-2026F
Figure 7: Saudi Arabia Cybersecurity Market Share, By Top 5 Emirates, By Value, 2016-2026F
Figure 8: Saudi Arabia Cybersecurity Market Share, By Company, By Value, 2020
Figure 9: Saudi Arabia Cybersecurity Market Map, By Security Type, Market Size (USD Million) & Growth Rate (%)
Figure 10: Saudi Arabia Cybersecurity Market Map, By Solution Type, Market Size (USD Million) & Growth Rate (%)
Figure 11: Saudi Arabia Cybersecurity Market Map, By Deployment Mode, Market Size (USD Million) & Growth Rate (%)
Figure 12: Saudi Arabia Cybersecurity Market Map, By End-User Industry, Market Size (USD Million) & Growth Rate (%)
Figure 13: Saudi Arabia Cybersecurity Market Map, By Region, Market Size (USD Million) & Growth Rate (%)
Figure 14: Saudi Arabia Network Security Market Size, By Value (USD Million), 2016-2026F
Figure 15: Saudi Arabia Network Security Market Share, By Solution Type, By Value, 2016-2026F
Figure 16: Saudi Arabia Network Security Market Share, By Deployment Mode, By Value, 2016-2026F
Figure 17: Saudi Arabia Network Security Market Share, By End-User Industry (USD Million), 2016-2026F
Figure 18: Saudi Arabia Application Security Market Size, By Value (USD Million), 2016-2026F
Figure 19: Saudi Arabia Application Security Market Share, By Solution Type, By Value, 2016-2026F
Figure 20: Saudi Arabia Application Security Market Share, By Deployment Mode, By Value, 2016-2026F
Figure 21: Saudi Arabia Application Security Market Share, By End-User Industry (USD Million), 2016-206F
Figure 22: Saudi Arabia Cloud Security Market Size, By Value (USD Million), 2016-2026F
Figure 23: Saudi Arabia Cloud Security Market Share, By Solution Type, By Value, 2016-2026F
Figure 24: Saudi Arabia Cloud Security Market Share, By Deployment Mode, By Value, 2016-2026F
Figure 25: Saudi Arabia Cloud Security Market Share, By End-User Industry (USD Million), 2016-2026F
Figure 26: Saudi Arabia Endpoint Security Market Size, By Value (USD Million), 2016-2026F
Figure 27: Saudi Arabia Endpoint Security Market Share, By Solution Type, By Value, 2016-2026F
Figure 28: Saudi Arabia Endpoint Security Market Share, By Deployment Mode, By Value, 2016-2026F
Figure 29: Saudi Arabia Endpoint Security Market Share, By End-User Industry (USD Million), 2016-2026F
Figure 30: Saudi Arabia Content Security Market Size, By Value (USD Million), 2016-2026F
Figure 31: Saudi Arabia Content Security Market Share, By Solution Type, By Value, 2016-2026F
Figure 32: Saudi Arabia Content Security Market Share, By Deployment Mode, By Value, 2016-2026F
Figure 33: Saudi Arabia Content Security Market Share, By End-User Industry (USD Million), 2016-2026F