New York, NY -- (SBWire) -- 09/28/2018 --?GCC Cyber Securityregion acquires a significant share of the world's energy resources and with an increased usage of personal internet and smart devices for banking applications over the past few years, the region has become more exposed to phishing and DDOS attacks. Globally, the United Arab Emirates (U.A.E) is placed at the fifteenth position as a victim of cyber-attacks due to the high density of established commercial and government organizations in the country. Increased interconnectivity, digitization, and use of social media within the organizations have made the GCC appear more pregnable to cybercrimes. In 2012, Saudi Aramco, the world's largest oil company, was hit by a virus attack, which caused large scale damage of about $15 million and loss of critical data. In 2018, around 50% of the organizations faced Distributed Denial of Service (DDOS) attacks.
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Major Key Players In This Report
Dell EMC
- Cisco Systems
- FireEye Inc.
- Hewlett Packard Enterprises (HPE)
- IBM Corporation
- Sophos Ltd.
- Intel Corporation
- Symantec Corporation
- TrendMicro Inc.
- Verizon Communications
The GCC Cyber Security market is estimated to grow over $10.41 billion by the end of 2022. Currently, Cyber Security solutions are acquiring a major share of the market because of an increase in the internet users in the GCC region with current estimation being approximately 40 million. Also, 45% of the social networking users in the U.A.E witnessed cybercrimes in 2018.
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Cyber space is continually expanding with new and innovative developments like 'Internet of Things' and 'Big Data', which will add to more levels of complexities and security challenges with regard to the various networks and systems. Therefore, cyber security will prove to be an important element of any organization and will attempt to provide many opportunities to a number of vendors to foster cyber security solutions in the GCC region.
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The answers to the following key questions can be found in the report:
What are the key market trends and developments in the GCC Cyber Security market
What is the Cyber Security technological overview in the GCC region
What are the benefits of cyber security in the GCC region
What are the different types of cyber-attacks prevalent in the GCC region
Table of Contents:
Global GCC Cyber Security Market Research Report 2018-2025
Chapter 1: GCC Cyber Security Market Overview
Chapter 2: Global Economic Impact on Industry
Chapter 3: GCC Cyber Security Market Competition by Manufacturers
Chapter 4: Global Production, Revenue (Value) by Region
Chapter 5: Global Supply (Production), Consumption, Export, Import by Regions
Chapter 6: Global Production, Revenue (Value), Price Trend by Type
Chapter 7: Global Market Analysis by Application
Chapter 8: Manufacturing Cost Analysis
Chapter 9: Industrial Chain, Sourcing Strategy and Downstream Buyers
Chapter 10: Marketing Strategy Analysis, Distributors/Traders
Chapter 11: GCC Cyber Security Market Effect Factors Analysis
Chapter 12: Global GCC Cyber Security Market Forecast
GCC Cyber Security Market Analysis & Forecast 2018-2025, with Highest CAGR Value and ROI, Research by Too Companies Dell, Cisco, IBM, Intel