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Nov 17, 2020 (AmericaNewsHour) —
Global Middle East and Africa Cyber Security Market to reach USD 66.5 billion by 2025.Global Middle East and Africa Cyber Security Market valued approximately USD 18.02 billion in 2016 is anticipated to grow with a healthy growth rate of more than 15.62% over the forecast period 2018-2025. Rapidly Increasing digitalization with the introduction of digital technologies for assembly, storage, analysis, and sharing of data have created need for security of this digital data, and is the major factor driving the growth of Middle East and African cyber security market. Hacking, cracking and other forms of cyber-mischief have made personal, commercial, financial and other digital data more vulnerable aiding to the requirement of cyber security and growth of the market. Increasing cyberattacks have forced administrations to improve their security measures, and to adopt cybersecurity services, this demand has boost the growth of the market.
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Cyber security is basically the safeguard of internet-connected devises and system (hardware, software and data), from cyberattacks. security involves cyber security and physical security – which are used by enterprises to protect against unauthorized access to data centers and other computerized systems, such as endpoints, networks, applications, and cloud data from threats, like malwares & ransomwares, Distributed Denial of Service (DDoS) attacks, and Advanced Persistent Threats (APTs).
The regional analysis of Global Middle East and Africa Cyber Security Market is considered for the key regions such as Saudi Arabia, United Arab Emirates, South Africa, Others. Saudi Arabia is the leading/significant region across the world in terms of market share. Whereas, owing to the countries such as United Arab Emirates, South Africa region is anticipated to exhibit higher growth rate / CAGR over the forecast period 2018-2025.
The objective of the study is to define market sizes of different…