Strong Growth Ahead: UAE Cloud Security Market Projects 13.26% CAGR...

Strong Growth Ahead: UAE Cloud Security Market Projects 13.26% CAGR Increase by 2027

Posté 2024-11-22 13:45:44

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UAE Cloud Security Market Overview:

MarkNtel Advisors recently released a research report focusing on the UAE Cloud Security market for the forecast period 2022–27. Employing robust methodologies in the research section, the report offers valuable insights into sales and revenue forecasts 2022 to 2027. This approach enhances user understanding and supports well-informed decision-making. The report comprehensively addresses significant changes, gap analyses, emerging opportunities, trends, industry dynamics, and competitive challenges using qualitative and quantitative data. To familiarize established businesses and newcomers with the present market scenario, the report offers detailed growth prospects for the industry and concise insights into competitors.

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UAE Cloud Security Market Insight and Analysis:

The UAE Cloud Security Market is projected to grow at a CAGR of around 13.26% during the forecast period, i.e., 2022-27. This extensive report offers a detailed examination of the UAE Cloud Security market, including segmentation, noteworthy trends, market potential, and challenges. The market is segmented into key categories: By Enterprise Size (Large Enterprise, Small- & Medium-Sized Enterprise), By Security Type (Identify & Access Management, Security information & 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). The report's reliability is strengthened by a thorough study and analysis utilizing various statistical methodologies.

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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Analysis of UAE Cloud Security Market leading key players:

A thorough examination of the competitive landscape of the UAE Cloud Security Market involves a comprehensive analysis of its key competitors. This analysis delves deep into each company's profile, financial achievements, market presence, potential, Research and Development (R&D) expenditures, recent strategic initiatives in the market, footprint, strengths, weaknesses, and market dominance. The information provided offers a comprehensive overview of the leading market players, including 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)

Conclusion:

The report is designed to offer customized solutions that precisely address customers' unique needs. By thoroughly understanding key growth drivers, businesses can formulate effective strategies, allowing them to navigate the dynamic landscape of any market successfully.

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The UAE Cloud Security Market report addresses the following concern:

The UAE Cloud Security Market report explores the influence of key trends on market share within the primary segments.
What are the leading market trends that propel the expansion of the UAE Cloud Security market?
What are the projected CAGR, market size, and growth rate for the UAE Cloud Security Market in the upcoming years?
What are the key players in the UAE Cloud Security market, and what strategies are they implementing?
What factors, such as industry trends, drivers, and challenges, are contributing to the growth of the UAE Cloud Security market?

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