MarkNtel Advisors recently published a report, titled, ” UAE Cloud Security Market 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. The UAE Cloud Security Market is projected to grow at a CAGR of around 13.26% during the forecast period, i.e., 2022-27.
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Key Trends in the Market: Rise of Serverless Computing
With the rapid escalation of software developing ecosystem in the UAE, the demand for serverless computing has also witnessed a noteworthy inclination. It allows software developers to deploy functions, such as code execution, application development & management, among others on the cloud as and when required. Importantly, it eliminates the need for hosting and managing complex IT infrastructure, especially servers, racks, networking devices, etc., and lets the user to work over cloud platform. In 2022, the UAE government launched Coders HQ to build an ecosystem for next-gen coders and aims to become a global hub for innovative solutions. Therefore, the country would see an upsurge in the demand for serverless computing, thereby, paving strong grounds for serverless security solutions for cloud infrastructure in the upcoming years.
Leading Companies in UAE Cloud Security Market:
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)
UAE Cloud Security Market Segmentation:
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.)
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By Region
-Abu Dhabi
-Dubai
-Sharjah & Rest of Emirates
Key questions answered in the UAE Cloud Security Market are:
•What is UAE Cloud Security Market?
•What was the market size in 2023?
•What is the growth rate of the UAE Cloud Security Market?
•Which are the factors expected to drive the market growth?
•What are the different segments of the UAE Cloud Security Market?
•What segments are covered in the Market?
•Who are the key players in the UAE Cloud Security Market?
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