UAE Cloud Security Market Growth and Development Insight - Size, Share, Growth, and Industry Analysis - MarkNtel Advisors

According to Markntel Advisors Report, UAE Cloud Security Market is expected to grow at a significant growth rate, and the analysis period is 2022-2027, considering the base year as 2021.Consistent monitoring and evaluating of market dynamics to stay informed and adapt your strategies accordingly. As a market research and consulting firm, we offer market research reports that focus on major parameters including Target Market Identification, Customer Needs and Preferences, Thorough Competitor Analysis, Market Size & Market Analysis, and other major factors. At the end, we do provide meaningful insights and actionable recommendations that inform decision-making and strategy development.

Cloud security offers protection to cloud-based services & cloud computing architectures. It is available as a standalone solution or as part of a suite of products & addresses various parameters such as data, architecture, compliance, governance, and identity & access. A cloud security solution offers features such as vulnerability scanning, intrusion detection, encryption, identity & access management (IAM), endpoint monitoring, and application & messaging security. Furthermore, the rising adoption of cloud-based services in small & medium-scale enterprises results in elevating the market growth.

UAE Cloud Security Market Research Report & Summary:

The UAE Cloud Security Market is projected to grow at a CAGR of around 13.26% during the forecast period, i.e., 2022-27.               

Time Period Captured in the Report:

·        Historical Years: 2017-20

·        Base Years: 2021

·        Forecast Years: 2022-27 

Who are the Key Players Operating in the UAE Cloud Security Market?

The top companies of the UAE Cloud Security Market ruling the industry are: 

IBM Middle East FZ LLC, UAE, Oracle Systems Limited, Microsoft Gulf FZ LLC (Microsoft Gulf), AWS Dubai, Juniper Networks Inc., Cisco Middle East, UAE, Broadcom, UAE, Palo Alto Networks UAE, CyberArk Software Inc., Fortinet Inc., Others)

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What is Included in UAE Cloud Security Market Segmentation?

The UAE Cloud Security Market explores the industry by emphasizing the growth parameters and categorizes including geographical segmentation, to offer a comprehensive understanding of the market dynamic.  The further bifurcations are as follows:

• By Enterprise Size
• Large Enterprise
• Small and Medium-Sized Enterprise
• By Security Type
• Identify and Access Management
• Security information and event management (SIEM)?
• Remote Vulnerability Assessment?
• Data Loss Prevention
• Others (Operations Management, Risk & Compliance Management
• By Deployment Type
• Public Cloud
• Private Cloud
• Hybrid & Multi Cloud
• By End User
• BFSI
• Healthcare
• IT and Telecom 
• Government
• Retail
• Oil & Gas
• Others (Public Utilities, Education Institutes, etc.)
• By Region
• Abu Dhabi
• Dubai
• Sharjah & Rest of Emirates

 Explore the Complete UAE Cloud Security Market Analysis Report – https://www.marknteladvisors.com/research-library/uae-cloud-security-market.html

Market Dynamics:

Key Drivers: Upthrow in the Use of Cloud-based Solutions

The rapid increase in the adoption of cloud platforms & services by enterprises as well as the government has elevated the need for cloud security during 2017-21. The UAE has a cloud-first policy for catalyzing cloud adoption in the private & public sectors, due to which the country has seen the burgeoning prevalence of cloud-based solutions. Moreover, the appreciable steps, including the UAE Vision 2021, National Innovation Strategy, TRA Vision, etc., taken up by the UAE government have widened the scope of cloud security solutions in the country.

Since 2017, there have been several investments by the global cloud players, such as AWS, Oracle, Microsoft, and Google, among others, to stretch their product offerings in the region by making the UAE a data hub. As a result, the development of major cloud clusters in the country has been observed to be a key demand generator for cloud security.

·        In 2022, Microsoft Azure launched its digitally transformative services, including Azure Purview, Azure Arc enabled servers, Azure Communication Services, and Azure Machine Learning on its Azure UAE cloud regions. Previously, in 2019, the company launched its Microsoft Cloud Regions in the UAE to accelerate its cloud business in the Middle East & North Africa (MENA) region.

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