Middle East and Africa Network Security Firewall Market

Market Introduction

The advanced technology is growing rapidly due to the sudden rise in demand in a wide range of sectors (like information technology sectors). The evolving cyber-attacks has significantly increased, and the organizations are making significant investments in cyber security solutions. The increasing vulnerabilities, advancements in digital transformation, and others are making a significant impact on the MEA network security firewall market. Organizations are making significant investments for dynamic network infrastructure which is a key factor driving the MEA network security firewall market. Thus, the growth in the investments on robust security measures are expected to create a significant demand for network security firewall in the coming years, which is further anticipated to drive the MEA network security firewall market.

In MEA region, South Africa has the highest number of COVID-19 confirmed cases and it is followed by Saudi Arabia and UAE, among other countries. The MEA region is expected to witness a significant impact of COVID-19 during the coming few weeks due to non-availability of retailers, suppliers, online and authorized sales representatives, or manufacturers. The region is projected to register a swift decline in their supply of network security firewall components and have halted their production activities and subsequently disrupting the importing of components and equipment.

Market Overview and Dynamics

The network security firewall market in MEA is expected to grow from US$ 254.7 million in 2018 to US$ 846.9 million by 2027; it is estimated to grow at a CAGR of 14.4% from 2019 to 2027. Organizations across several industry verticals are opting for a Next Generation Firewall (NGFW), as they approach license renewal or the endpoint of its lifecycle, in spite of their current firewall infrastructure. Investment on the NGFW is considered a strategic move by the organizations, for enhancement of their securities by incorporation of additional layers of defense and reduction in substantial cost as well as operational overhead required for management and maintenance of these firewalls. Aggregated throughput, port density, and redundancy are also some of the key influencers enabling and encouraging the trend of Next generation firewall adoption. This is bolstering the growth of the MEA network security firewall market.

Key Market Segments

In terms of deployment, the cloud segment accounted for the largest share of the MEA network security firewall market in 2018. In terms of component, the solution segment held a larger market share of the network security firewall market in 2018.

Major Sources and Companies Listed

A few major primary and secondary sources referred to for preparing this report on the network security firewall market in MEA are company websites, annual reports, financial reports, national government documents, and statistical database, among others. Major companies listed in the report are Adaptive Mobile security; AMD Telecom S.A.; ANAM Technologies; Cellusys; Cisco Systems, Inc.; Mobileum Inc.; Omobio (Pvt) Ltd; SAP SE; and Symsoft AB (Sinch) among others.

Reasons to buy report

• To understand the MEA network security firewall market landscape and identify market segments that are most likely to guarantee a strong return
• Stay ahead of the race by comprehending the ever-changing competitive landscape for MEA network security firewall market
• Efficiently plan M&A and partnership deals in MEA network security firewall market by identifying market segments with the most promising probable sales
• Helps to take knowledgeable business decisions from perceptive and comprehensive analysis of market performance of various segment form MEA network security firewall market
• Obtain market revenue forecast for market by various segments from 2019-2027 in MEA region.

MEA Network Security Firewall Market Segmentation

By Component

• Solution
  • SMS
    • A2PSMS
    • P2ASMS
  • Signalling
    • SS7
    • Diameter
• Services

By Deployment

• On-Premise
• Cloud

By Country

• South Africa
• Saudi Arabia
• UAE
• Rest of MEA

Company Profiles

• Adaptive Mobile security
• AMD Telecom S.A.
• ANAM Technologies
• Cellusys
• Cisco Systems, Inc.
• Mobileum Inc.
• Omobio (Pvt) Ltd
• SAP SE
• Symsoft AB (Sinch)

Middle East and Africa Network Security Firewall Market Strategic Insights

Middle East and Africa Network Security FirewallMarket Report Highlights

Middle East and Africa Network Security Firewall Market Country and Regional Insights