Middle East Cybersecurity Market Size & Share Analysis - Growth Trends & Forecasts (2023 - 2028) [Yahoo! Finance]
TREND MICRO INC S/ADR (TMICY)
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Source: Yahoo! Finance
Dublin, Jan. 25, 2024 (GLOBE NEWSWIRE) -- The "Middle East Cybersecurity Market Size & Share Analysis - Growth Trends & Forecasts (2023 - 2028)" report has been added to ResearchAndMarkets.com's offering. The MEA Cybersecurity Market size is expected to grow from USD 2.59 billion in 2023 to USD 4.65 billion by 2028, at a CAGR of 12.42% during the forecast period (2023-2028). In the current market scenario, Cybersecurity clusters can grow organically or develop through intentional, often top-down actions taken by local governments, and government regulations and policies play a significant role in their development. Many private firms have been moving their operations to the cloud platform. Key Highlights Saudi Arabia, an oil-based economy, is the largest in the Gulf region and aims to be the most prominent IT market. Like the National Transformation Program (NTP), several government initiatives have supported the region's rapid IT development. Saudi Arabia is a popular target
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