Middle East Cyber Security Industry Overview
The MEA AI, Cyber Security & Big Data Analytics Market is moderately consolidated, with few firms having a limited share. The companies keep innovating and entering into strategic partnerships to retain their market share. Some of the developments are as follows:
- November 2022 - Saudi Arabia signed a contract to assist economic growth through data and AI. The Saudi Data & AI Authority (SDAIA) and the Ministry of Economy and Planning of Saudi Arabia have signed a preliminary agreement to investigate utilizing artificial intelligence (AI) and data to aid policymaking and economic growth. The deal would permit more intensive strategic collaboration in critical areas, creating metrics to gauge the influence and efficacy of social and economic programs within the kingdom.
- April 2022 - Thales planned to open a new Cyber Security Operations Center (SOC) in Morocco, the sixth in its international network. This centre will offer real-time protection against all the cyber-attacks in the country as well as across the African continent as a whole. This operations center offers African and Moroccan administrations and businesses adequate supervision resources in cybersecurity.
Middle East Cyber Security Market Leaders
-
SYMANTEC CORPORATION (Norton lifelock)
-
Trend Micro INC.
-
SAP SE
-
SAS INSTITUTE INC
-
Microsoft Corporation
- *Disclaimer: Major Players sorted in no particular order
