GCC Cyber Security Market to Register Highest CAGR Growth of 7.6% by 2029

 The demand for cyber security has been growing and will also grow in the future. Data Bridge Market Research analyses that the GCC cyber security market will grow at a CAGR of 7.6% from 2022 to 2029.

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Market Definition

Cyber security protects internet-connected systems such as hardware, software, and data from cyber threats and breaches. Individuals and enterprises use the practice to protect against unauthorized access to data centres and other intelligent systems. A successful cybersecurity approach has multiple layers of protection spread across the computers, networks, programs, or data one intends to keep safe.

GCC Cyber Security Market Analysis and Insights  

Cyber security protects internet-connected systems such as hardware, software, and data from cyber threats and breaches. Increased cloud services cyber security solutions, and the advent of remote working culture are driving the market. However, the rise in cyber security threats and ransomware in cyber security solutions may restrain the growth.

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GCC Cyber Security Market Scope

The cyber security market is analysed, and market size insights and trends are provided by country, offering, application, security type, deployment model, enterprise size, and end user. The growth amongst these segments will help you analyse meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.

Covid-19 Impact on GCC Cyber Security Market

COVID-19 has positively affected the GCC cyber security market. Due to COVID-19, cybercrime and cybersecurity issues increased by 600% in 2020. Flaws in network security are a weakness that hackers exploit to perform unauthorized actions within a system. According to Purple Sec L.L.C., in 2018, mobile malware variants for mobile have increased by 54% 2018, out of which 98% of mobile malware target Android devices. 25% of businesses are estimated to have been victims of crypto-jacking. Various companies also include the security industry.


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