However, lack of awareness and understanding inadequate infrastructure, lack of skilled professionals and the constantly evolving threat landscape are expected to hinder the market growth.īy Component, hardware segment is expected to grow at a higher CAGR during the forecast period The market growth can be attributed to the growing instances of target based cyberattacks and increased adoption of cloud-based cybersecurity solutions. The Middle East and Africa Cybersecurity market is expected to grow from an estimated USD 22.2 billion in 2023 to USD 36.2 billion by 2028 at a Compound Annual Growth Rate (CAGR) of 10.2% from 2023 to 2028. Other names may be trademarks of their respective owners.Dublin, Ma(GLOBE NEWSWIRE) - The "Middle East and Africa Cybersecurity Market by Component (Software, Hardware, and Services), Software (IAM, Encryption and Tokenization, and Other Software), Security Type, Deployment Mode, Organization Size, Vertical and Region - Global Forecast to 2028" report has been added to 's offering. The Android robot is reproduced or modified from work created and shared by Google and used according to terms described in the Creative Commons 3.0 Attribution License. Microsoft and the Window logo are trademarks of Microsoft Corporation in the U.S. Alexa and all related logos are trademarks of, Inc. App Store is a service mark of Apple Inc.
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