Middle East and Africa Log Management Market Share by Size and Growth 2028

The log management market in the MEA is expected to grow from US$ 101.32 million in 2021 to US$ 193.02 million by 2028; it is estimated to grow at a CAGR of 9.6% from 2021 to 2028.

Various countries in the MEA are emphasizing the implementation of information and communication technology (ICT) in different industries to enhance the socioeconomic climate of the region. Saudi Arabia has been a quick adopter of digital payment methods. Bahrain, Qatar, and Iran are among the other gulf countries experiencing a large amount of the online security threats. As technology is evolving, the cases of cyber threats are also increasing due to the generation of heaps of data, which drives the need for advanced threat intelligence solutions across the MEA.

With the continuously increasing spending on the ICT sector, especially on the software/platform segment, the development of advanced technologies and the adoption of these technologies by businesses globally will grow in the coming years. Thus, the rising spending on the ICT sector will lead to advanced developments in the log management systems, which would accelerate the demand for log management solutions in the future.

With the new features and technologies, vendors can attract new customers and expand their footprints in emerging markets. This factor is likely to drive the MEA log management market in the coming years. The market is expected to grow at a good CAGR during the forecast period.

MEA Log Management Market Revenue and Forecast to 2028 (US$ Million)

MEA Log Management Market Segmentation

The MEA log management market is segmented on the basis of component, deployment, organization size, industry, and country. The market, based on component, is segmented into solution and services. The solution segment accounted for a larger market share in 2020. By deployment, the market is segmented into cloud-based and on premise. In 2020, the cloud-based segment accounted for a larger market share. The MEA log management market, by organization size, is segmented into small and medium-sized enterprises and large enterprises. In 2020, the large enterprises segment accounted for a larger market share in 2020. Based on industry, the market is segmented into IT & telecom, BFSI, healthcare, retail & ecommerce, telecom, education, and others. The IT & telecom segment accounted for the largest market share in 2020.Based on country, the MEA log management market is segmented into Saudi Arabia, South Africa, the UAE, and the Rest of MEA.

AT&T Inc; Cisco Systems, Inc.; Datadog; IBM Corporation; LogRhythm, Inc.; ManageEngine; SolarWinds Worldwide, LLC; and Splunk, Inc. are among the leading companies in the MEA log management market.

Middle East and Africa Log Management Market Strategic Insights

Get more information on this report

Middle East and Africa Log Management Market Segmentation Analysis

Middle East and Africa Log Management Market Report Highlights

Middle East and Africa Log Management Report Scope

Report Attribute	Details
Market size in 2021	US$ 101.32 Million
Market Size by 2028	US$ 193.02 Million
CAGR (2021 - 2028)	9.6%
Historical Data	2019-2020
Forecast period	2022-2028
Segments Covered	By Component Solutions Services By Deployment On Premise Cloud-Based By Organization Size Small Medium Enterprises Large Enterprises By Industry IT & Telecom BFSI Healthcare Education Retail & Ecommerce
Regions and Countries Covered	Middle East and Africa South Africa Saudi Arabia UAE Rest of Middle East and Africa
Market leaders and key company profiles	AT&T Inc Cisco Systems, Inc. Datadog IBM Corporation LogRhythm, Inc. ManageEngine SolarWinds Worldwide, LLC Splunk, Inc.