Market by Component, Deployment, Organization Size, Function, End-user, and Country | Forecast 2019-2028
As mentioned in Triton's research report, the encryption software market in the Middle East and Africa is evaluated to progress at a compound annual growth rate of 14.48% during the forecast years 2019-2028.
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The countries studied
in this market are:
• The United Arab Emirates
• Turkey
• South Africa
• Saudi Arabia
• Rest of Middle East & Africa
In the United Arab
Emirates, the expenditure on cybersecurity technologies has seen a substantial
increase, and is expected to surge rapidly. With the growth in cybersecurity,
numerous organizations observe cyber gaps in their digital operations. This has
led companies to take measures towards mitigating the risks relating to rising
cyberattacks and data breaches. Moreover, many companies have diminished cyber
threats to a certain extent by taking actions to defend against such risks. The
surge in cyber risks is offering immense investment opportunities in the
cybersecurity space. This further signifies potential growth in the adoption of
encryption technology, simultaneously boosting the encryption software market's
progression in the country.
Over the years, Saudi
Arabia has observed rapid ICT adoption, which has resulted in a growth in the
number of cyber threats. Moreover, as the country is undergoing a digital
transformation, these threats are expected to surge in the future. The spread
of network-connected devices, cloud storage, and new technologies are creating
additional challenges in the cybersecurity industry. The surge in cyber threats,
such as data breaches and brute force attacks, drives the hardware and software
encryption demand. It further offers an effective way to secure sensitive
personal and corporate data, thereby fueling the studied market's growth in
Saudi Arabia.
Check Point Software
Technologies develops a wide range of IT security solutions to several
establishments worldwide. The company offers hardware and software solutions
for data and end-point security, network and gateway security, and management
solutions. It was the first company to launch FireWall-1 and Stateful Inspection
Technology. Its products are sold through multiple distribution channels such
as resellers, distributors, system integrators, and more. Check Point Software
has its headquarters in Tel Aviv, Israel.
Market by Technology (Data ana ..
VIEW REPORT1. MIDDLE
EAST AND AFRICA ENCRYPTION SOFTWARE MARKET - SUMMARY
2. INDUSTRY
OUTLOOK
2.1. MARKET
DEFINITION
2.2. KEY
INSIGHTS
2.2.1. WIDE
ADOPTION OF ENCRYPTION STRATEGY IN ENTERPRISES
2.2.2. INCREASE
IN DEMAND FOR CLOUD DATA ENCRYPTION
2.2.3. SNOWDEN
REVELATIONS
2.3. IMPACT
OF COVID-19 ON ENCRYPTION SOFTWARE MARKET
2.4. PORTER’S
FIVE FORCES ANALYSIS
2.4.1. THREAT
OF NEW ENTRANTS
2.4.2. THREAT
OF SUBSTITUTE
2.4.3. BARGAINING
POWER OF BUYERS
2.4.4. BARGAINING
POWER OF SUPPLIERS
2.4.5. THREAT
OF COMPETITIVE RIVALRY
2.5. MARKET
ATTRACTIVENESS INDEX
2.6. VENDOR
SCORECARD
2.7. MARKET
DRIVERS
2.7.1. INCREASE
IN NUMBER OF DATA BREACHES AND FORCE ATTACKS
2.7.2. INCREASE
IN COMPLIANCE REGULATIONS
2.7.3. GROWTH
IN ADOPTION OF VIRTUALIZATION AND CLOUD
2.7.4. INCREASE
IN MOBILITY
2.8. MARKET
RESTRAINTS
2.8.1. HIGH
CAPITAL INVESTMENT
2.8.2. LIMITATIONS
ON USE OF ENCRYPTED DEVICES IN SOME COUNTRIES
2.9. MARKET
OPPORTUNITIES
2.9.1. WIDESPREAD
ADOPTION OF IOT AND CLOUD SERVICES
2.9.2. ONGOING
TECHNOLOGICAL ADVANCEMENTS IN ENCRYPTION CHIPS
2.10. MARKET
CHALLENGES
2.10.1. INCREASE IN COSTS AND COMPLEXITY OF ENCRYPTION
KEYS
2.10.2. LACK OF EDUCATION ON ENCRYPTION
2.10.3. REGULATORY RESTRICTIONS ON CRYPTO-SOFTWARE
3. MIDDLE
EAST AND AFRICA ENCRYPTION SOFTWARE MARKET OUTLOOK - BY COMPONENT
3.1. SOFTWARE
3.2. SERVICES
4. MIDDLE
EAST AND AFRICA ENCRYPTION SOFTWARE MARKET OUTLOOK - BY DEPLOYMENT
4.1. ON-PREMISE
4.2. CLOUD
5. MIDDLE
EAST AND AFRICA ENCRYPTION SOFTWARE MARKET OUTLOOK - BY ORGANIZATION SIZE
5.1. LARGE
ENTERPRISES
5.2. SMALL
& MEDIUM ENTERPRISES
6. MIDDLE
EAST AND AFRICA ENCRYPTION SOFTWARE MARKET OUTLOOK - BY FUNCTION
6.1. DISK
ENCRYPTION
6.2. COMMUNICATION
ENCRYPTION
6.3. FILE/FOLDER
ENCRYPTION
6.4. CLOUD
ENCRYPTION
7. MIDDLE
EAST AND AFRICA ENCRYPTION SOFTWARE MARKET OUTLOOK - BY END-USER
7.1. BFSI
7.2. IT
& TELECOM
7.3. GOVERNMENT
& PUBLIC SECTOR
7.4. RETAIL
7.5. HEALTHCARE
7.6. AEROSPACE
& DEFENSE
7.7. MEDIA
& ENTERTAINMENT
7.8. OTHERS
8. MIDDLE
EAST AND AFRICA ENCRYPTION SOFTWARE MARKET - REGIONAL OUTLOOK
8.1. UNITED
ARAB EMIRATES
8.2. TURKEY
8.3. SAUDI
ARABIA
8.4. SOUTH
AFRICA
8.5. REST
OF MIDDLE EAST & AFRICA
9. COMPETITIVE
LANDSCAPE
9.1. CHECK POINT SOFTWARE TECHNOLOGIES
9.2. CISCO SYSTEM INC
9. 3. SOPHOS HOLDINGS LTD
9. 4. TREND MICRO INCORPORATED
9. 5. BROADCOM INC
9.6. DELL INC
9.7. FIREEYE INC
9.8. FORTINET INC
9.9. INTERNATIONAL BUSINESS MACHINES CORPORATION
9.10. MCAFEE LLC
9.11. MICROSOFT CORPORATION
9.12. ORACLE CORPORATION
9.13. PALO ALTO NETWORKS INC
9.14. PROOFPOINT
10. METHODOLOGY
& SCOPE
10.1. RESEARCH
SCOPE & DELIVERABLES
10.2. SOURCES
OF DATA
10.3. RESEARCH
METHODOLOGY
TABLE 1. MIDDLE EAST AND
AFRICA ENCRYPTION SOFTWARE MARKET, BY COUNTRY, 2019-2028 (IN $ MILLION)
TABLE 2. MARKET
ATTRACTIVENESS INDEX
TABLE 3. VENDOR
SCORECARD
TABLE 4. MIDDLE EAST AND
AFRICA ENCRYPTION SOFTWARE MARKET, BY COMPONENT, 2019-2028 (IN $ MILLION)
TABLE 5. MIDDLE EAST AND
AFRICA ENCRYPTION SOFTWARE MARKET, BY DEPLOYMENT, 2019-2028 (IN $ MILLION)
TABLE 6. MIDDLE EAST AND
AFRICA ENCRYPTION SOFTWARE MARKET, BY ORGANIZATION SIZE, 2019-2028 (IN $
MILLION)
TABLE 7. MIDDLE EAST AND
AFRICA ENCRYPTION SOFTWARE MARKET, BY FUNCTION, 2019-2028 (IN $ MILLION)
TABLE 8. MIDDLE EAST AND
AFRICA ENCRYPTION SOFTWARE MARKET, BY END-USER, 2019-2028 (IN $ MILLION)
TABLE 9. MIDDLE EAST AND
AFRICA ENCRYPTION SOFTWARE MARKET, BY COUNTRY, 2019-2028 (IN $ MILLION)
FIGURE 1. PORTER’S FIVE
FORCES ANALYSIS
FIGURE 2. MIDDLE EAST AND
AFRICA ENCRYPTION SOFTWARE MARKET, BY SOFTWARE, 2019-2028 (IN $ MILLION)
FIGURE 3. MIDDLE EAST AND
AFRICA ENCRYPTION SOFTWARE MARKET, BY SERVICES, 2019-2028 (IN $ MILLION)
FIGURE 4. MIDDLE EAST AND
AFRICA ENCRYPTION SOFTWARE MARKET, BY ON-PREMISE, 2019-2028 (IN $ MILLION)
FIGURE 5. MIDDLE EAST AND
AFRICA ENCRYPTION SOFTWARE MARKET, BY CLOUD, 2019-2028 (IN $ MILLION)
FIGURE 6. MIDDLE EAST AND
AFRICA ENCRYPTION SOFTWARE MARKET, BY LARGE ENTERPRISES, 2019-2028 (IN $
MILLION)
FIGURE 7. MIDDLE EAST AND
AFRICA ENCRYPTION SOFTWARE MARKET, BY SMALL & MEDIUM ENTERPRISES, 2019-2028
(IN $ MILLION)
FIGURE 8. MIDDLE EAST AND
AFRICA ENCRYPTION SOFTWARE MARKET, BY DISK ENCRYPTION, 2019-2028 (IN $ MILLION)
FIGURE 9. MIDDLE EAST AND
AFRICA ENCRYPTION SOFTWARE MARKET, BY COMMUNICATION ENCRYPTION, 2019-2028 (IN $
MILLION)
FIGURE 10. MIDDLE EAST AND
AFRICA ENCRYPTION SOFTWARE MARKET, BY FILE/FOLDER ENCRYPTION, 2019-2028 (IN $
MILLION)
FIGURE 11. MIDDLE EAST AND
AFRICA ENCRYPTION SOFTWARE MARKET, BY CLOUD ENCRYPTION, 2019-2028 (IN $
MILLION)
FIGURE 12. MIDDLE EAST AND
AFRICA ENCRYPTION SOFTWARE MARKET, BY BFSI, 2019-2028 (IN $ MILLION)
FIGURE 13. MIDDLE EAST AND
AFRICA ENCRYPTION SOFTWARE MARKET, BY IT & TELECOM, 2019-2028 (IN $
MILLION)
FIGURE 14. MIDDLE EAST AND
AFRICA ENCRYPTION SOFTWARE MARKET, BY GOVERNMENT & PUBLIC SECTOR, 2019-2028
(IN $ MILLION)
FIGURE 15. MIDDLE EAST AND
AFRICA ENCRYPTION SOFTWARE MARKET, BY RETAIL, 2019-2028 (IN $ MILLION)
FIGURE 16. MIDDLE EAST AND
AFRICA ENCRYPTION SOFTWARE MARKET, BY HEALTHCARE, 2019-2028 (IN $ MILLION)
FIGURE 17. MIDDLE EAST AND
AFRICA ENCRYPTION SOFTWARE MARKET, BY AEROSPACE & DEFENSE, 2019-2028 (IN $
MILLION)
FIGURE 18. MIDDLE EAST AND
AFRICA ENCRYPTION SOFTWARE MARKET, BY MEDIA & ENTERTAINMENT, 2019-2028 (IN
$ MILLION)
FIGURE 19. MIDDLE EAST AND
AFRICA ENCRYPTION SOFTWARE MARKET, BY OTHERS, 2019-2028 (IN $ MILLION)
FIGURE 20. MIDDLE EAST AND
AFRICA ENCRYPTION SOFTWARE MARKET, REGIONAL OUTLOOK, 2019 AND 2028 (IN %)
FIGURE 21. UNITED ARAB
EMIRATES ENCRYPTION SOFTWARE MARKET 2019-2028 (IN $ MILLION)
FIGURE 22. TURKEY
ENCRYPTION SOFTWARE MARKET 2019-2028 (IN $ MILLION)
FIGURE 23. SAUDI ARABIA
ENCRYPTION SOFTWARE MARKET 2019-2028 (IN $ MILLION)
FIGURE 24. SOUTH AFRICA
ENCRYPTION SOFTWARE MARKET 2019-2028 (IN $ MILLION)
FIGURE 25. REST OF MIDDLE EAST & AFRICA ENCRYPTION SOFTWARE MARKET 2019-2028 (IN $ MILLION)