Middle East & Africa Endpoint Security Market Forecast to 2028

Middle East & Africa Endpoint Security Market Forecast to 2028 – COVID-19 Impact and Regional Analysis – Solution (Antivirus, Antispyware, Antimalware, Firewall, Endpoint Device Control, Intrusion Prevention, and Endpoint Application Control), Services (Consulting, Training & Support, and Managed Services), Deployment (Cloud, On-premise), and Vertical (Government and Defense, BFSI, Retail, IT & Telecom, Healthcare, Energy & Utilities, Education, Others)

Report Code : BMIRE00027700 | Region : LAMEA | Industry : Technology, Media and Telecommunications | Published Date : 21/Dec/2022

The endpoint security market in Middle East & Africa is expected to grow from US$ 672.80 million in 2022 to US$ 963.31 million by 2028. It is estimated to grow at a CAGR of 6.2% from 2022 to 2028.

Extending edge computing trend to boost endpoint security demand

Cloud computing is transforming modern workplaces in diverse industry verticals by enhancing security, IT, and DevOps, which is accelerating the development of innovative solutions and services for enhanced user experience. Owing to the potential benefits of cloud computing, the adoption of cloud-based solutions among enterprises has been growing rapidly in the past few years. The continuously evolving cloud architectures, algorithms, and integration of advanced features in cloud solutions fuel the adoption of these solutions in BFSI, IT & telecom, retail, manufacturing, automotive, and other diverse industry verticals. Cloud deployment through cloud-based security endpoint solutions is an attractive and easy option for companies as it provides them easy scalability and operational flexibility and offers several benefits such as need-basis payment, regular data backup, high security, comparatively low capital & operations costs, reduced operational risks, and instant provisioning features. Further, the complex functions and high maintenance costs of on-premise solutions are also contributing to the adoption of cloud-based solutions. With many companies offering cloud-based unified endpoint management (UEM) solutions, such as MobileIron; Citrix Systems, Inc.; IBM Corporation; Microsoft Corporation; and VMware, Inc., the demand for cloud-based solutions over on-premise solutions is projected to grow significantly, especially among SMEs over the forecast period. For instance, in August 2022, Microsoft Corporation developed two new Windows 11 previews to the Windows Insider Beta Channel with improvements to Defender for Endpoint's ransomware protection and other fixes. Such developments in cloud-based security endpoint solutions are expected to fuel the endpoint security market growth.

Market Overview

The endpoint security market in the Middle East & Africa is sub segmented into South Africa, Saudi Arabia, the UAE, and the Rest of Middle East & Africa. Governments in the Middle Eastern countries are launching programs such as Dubai Internet City (DIC) and the KSA Vision 2030 to attain full digitalization and connectedness in smart buildings, smart transportation, and smart cities, among others. Qatar is set to host the FIFA World Cup in 2022, which is adding to the possibility of cyberattacks, thereby necessitating the need for additional cybersecurity solutions and services in the country. With growing digitalization in the Middle East in most fields, the need to safeguard networks, endpoints, data, automated cars, and smart homes, etc., against potential cyberattacks is rising significantly.

Middle East & Africa Endpoint Security Market Revenue and Forecast to 2028 (US$ Million)

Middle East & Africa Endpoint Security Market Segmentation

The Middle East & Africa endpoint security market is segmented into solution, services, deployment, vertical, and country.

Based on solution, the market is segmented into antivirus, antispyware, antimalware; firewall; endpoint device control; intrusion prevention; and endpoint application control. The antivirus, antispyware, antimalware segment registered the largest market share in 2022.

Based on services, the market is segmented into consulting, training & support, and managed services . The managed services segment registered the largest market share in 2022.

Based on deployment, the market is bifurcated into cloud and on-premise . The on-premise segment registered the largest market share in 2022 .

Based on vertical, the market is categorized into government and defense, BFSI, retail, IT & telecom, healthcare, energy & utilities, education, and others. The IT & telecom segment held the largest market share in 2022.

Based on country, the market is segmented into South Africa, the UAE, Saudi Arabia, and the Rest of Middle East & Africa. Germany dominated the market share in 2022.

AO Kaspersky Lab; Avast Software s.r.o.; Cisco Systems, Inc.; ESET, spol. s r.o.; Fortinet, Inc.; McAfee, LLC; Microsoft Corporation; and Palo Alto Networks, Inc. are the leading companies operating in the endpoint security market in the region.

At 6.2% CAGR, the Middle East & Africa Endpoint Security Market is speculated to be worth US$ 963.31 million by 2028, says The Insight Partners

According to The Insight Partners’ research, the Middle East & Africa endpoint security market was valued at US$ 672.80 million in 2022 and is expected to reach US$ 963.31 million by 2028, registering a CAGR of 6.2% from 2022 to 2028. Scaling inclination toward cloud-based security endpoint solutions across enterprises and extending edge computing trend to boost endpoint security demand are the critical factors attributed to the market expansion.

Cloud computing is transforming modern workplaces in diverse industry verticals by enhancing security, IT, and DevOps, which is accelerating the development of innovative solutions and services for enhanced user experience. Owing to the potential benefits of cloud computing, the adoption of cloud-based solutions among enterprises has been growing rapidly in the past few years. The continuously evolving cloud architectures, algorithms, and integration of advanced features in cloud solutions fuel the adoption of these solutions in BFSI, IT & telecom, retail, manufacturing, automotive, and other diverse industry verticals. Cloud deployment through cloud-based security endpoint solutions is an attractive and easy option for companies as it provides them easy scalability and operational flexibility and offers several benefits such as need-basis payment, regular data backup, high security, comparatively low capital & operations costs, reduced operational risks, and instant provisioning features. Further, the complex functions and high maintenance costs of on-premise solutions are also contributing to the adoption of cloud-based solutions. With many companies offering cloud-based unified endpoint management (UEM) solutions, such as MobileIron; Citrix Systems, Inc.; IBM Corporation; Microsoft Corporation; and VMware, Inc., the demand for cloud-based solutions over on-premise solutions is projected to grow significantly, especially among SMEs over the forecast period. For instance, in August 2022, Microsoft Corporation developed two new Windows 11 previews to the Windows Insider Beta Channel with improvements to Defender for Endpoint's ransomware protection and other fixes. Such developments in cloud-based security endpoint solutions are expected to fuel the endpoint security market growth.

On the contrary, dynamic landscape of the endpoint attacks hurdles the growth of Middle East & Africa endpoint security market.

Based on solution, the Middle East & Africa endpoint security market is segmented into antivirus, antispyware, antimalware; firewall; endpoint device control; intrusion prevention; and endpoint application control. The antivirus, antispyware, antimalware segment held 45.0% market share in 2022, amassing US$ 225.99 million. It is projected to garner US$ 292.64 million by 2028 to expand at 4.4% CAGR during 2022–2028.

Based on services, the Middle East & Africa endpoint security market is segmented into consulting, training & support, and managed services. The managed services segment held 40.8% market share in 2022, amassing US$ 69.57 million. It is projected to garner US$ 120.08 million by 2028 to expand at 9.5% CAGR during 2022–2028.

Based on deployment, the Middle East & Africa endpoint security market is bifurcated into cloud and on-premise. The on-premise segment held 53.7% market share in 2022, amassing US$ 361.12 million. It is projected to garner US$ 489.66 million by 2028 to expand at 5.2% CAGR during 2022–2028.

Based on vertical, the Middle East & Africa endpoint security market is categorized into government and defense, BFSI, retail, IT & telecom, healthcare, energy & utilities, education, and others. The IT & telecom segment held 25.1% market share in 2022, amassing US$ 168.92 million. It is projected to garner US$ 258.67 million by 2028 to expand at 7.4% CAGR during 2022–2028.

Based on country, the Middle East & Africa endpoint security market has been segmented into South Africa, the UAE, Saudi Arabia, and the Rest of Middle East & Africa. Our regional analysis states that the UAE captured 36.6% market share in 2022. It was assessed at US$ 246.47 million in 2022 and is likely to hit US$ 376.83 million by 2028, exhibiting a CAGR of 7.3% during the forecast period.

Key players dominating the Middle East & Africa endpoint security market are AO Kaspersky Lab; Avast Software s.r.o.; Cisco Systems, Inc.; ESET, spol. s r.o.; Fortinet, Inc.; McAfee, LLC; Microsoft Corporation; and Palo Alto Networks, Inc., among others.

TABLE OF CONTENTS

1. Introduction

1.1 Study Scope

1.2 The Insight Partners Research Report Guidance

1.3 Market Segmentation

2. Key Takeaways

3. Research Methodology

3.1 Coverage

3.2 Secondary Research

3.3 Primary Research

4. Middle East & Africa Endpoint Security Market Landscape

4.1 Market Overview

4.2 PEST Analysis

4.3 Ecosystem Analysis

4.4 Expert Opinion

5. Middle East & Africa Endpoint Security Market – Key Market Dynamics

5.1 Market Drivers

5.1.1 Heighten Adoption of BYOD Model

5.1.2 Substantial Growth in Number of Vulnerable Endpoints in Devices

5.2 Market Restraints

5.2.1 Dynamic landscape of the Endpoint Attacks

5.3 Market Opportunities

5.3.1 Extending Edge Computing Trend to Boost Endpoint Security Demand

5.4 Future Trends

5.4.1 Scaling Inclination Toward Cloud-Based Security Endpoint Solutions across Enterprises

5.5 Impact Analysis of Drivers and Restraints

6. Middle East & Africa Endpoint Security – Market Analysis

6.1 Middle East & Africa Endpoint Security Market Overview

6.2 Middle East & Africa Endpoint Security Market Revenue Forecast and Analysis

7. Middle East & Africa Endpoint Security Market Analysis – by Solution

7.1 Overview

7.2 Middle East & Africa Endpoint Security Market, by Solution

7.3 Anti-Virus, Antispyware, Antimalware

7.3.1 Overview

7.3.2 Anti-Virus, Antispyware, Antimalware: Endpoint Security Market – Revenue and Forecast to 2028 (US$ Million)

7.4 Firewall

7.4.1 Overview

7.4.2 Firewall: Endpoint Security Market – Revenue and Forecast to 2028 (US$ Million)

7.5 Endpoint Device Control

7.5.1 Overview

7.5.2 Endpoint Device Control: Endpoint Security Market – Revenue and Forecast to 2028 (US$ Million)

7.6 Intrusion Prevention

7.6.1 Overview

7.6.2 Intrusion Prevention: Endpoint Security Market – Revenue and Forecast to 2028 (US$ Million)

7.7 Endpoint Application Control

7.7.1 Overview

7.7.2 Endpoint Application Control: Endpoint Security Market – Revenue and Forecast to 2028 (US$ Million)

8. Middle East & Africa Endpoint Security Market Analysis – by Service

8.1 Overview

8.2 Middle East & Africa Endpoint Security Market, by Service

8.3 Consulting

8.3.1 Overview

8.3.2 Consulting: Endpoint Security Market – Revenue and Forecast to 2028 (US$ Million)

8.4 Training and Support

8.4.1 Overview

8.4.2 Training and Support: Endpoint Security Market – Revenue and Forecast to 2028 (US$ Million)

8.5 Managed Services

8.5.1 Overview

8.5.2 Managed Services: Endpoint Security Market – Revenue and Forecast to 2028 (US$ Million)

9. Middle East & Africa Endpoint Security Market Analysis – by Development Type

9.1 Overview

9.2 Middle East & Africa Endpoint Security Market, by Deployment Type

9.3 On-Premises

9.3.1 Overview

9.3.2 On-Premises: Endpoint Security Market – Revenue and Forecast to 2028 (US$ Million)

9.4 Cloud

9.4.1 Overview

9.4.2 Cloud: Endpoint Security Market – Revenue and Forecast to 2028 (US$ Million)

10. Middle East & Africa Endpoint Security Market Analysis – by Vertical

10.1 Overview

10.2 Middle East & Africa Endpoint Security Market, by Vertical

10.3 Government and Defense

10.3.1 Overview

10.3.2 Government and Defense: Endpoint Security Market – Revenue and Forecast to 2028 (US$ Million)

10.4 BFSI

10.4.1 Overview

10.4.2 BFSI: Endpoint Security Market – Revenue and Forecast to 2028 (US$ Million)

10.5 Retail

10.5.1 Overview

10.5.2 Retail: Endpoint Security Market – Revenue and Forecast to 2028 (US$ Million)

10.6 IT and Telecom

10.6.1 Overview

10.6.2 IT and Telecom: Endpoint Security Market – Revenue and Forecast to 2028 (US$ Million)

10.7 Healthcare

10.7.1 Overview

10.7.2 Healthcare: Endpoint Security Market – Revenue and Forecast to 2028 (US$ Million)

10.8 Energy and Utilities

10.8.1 Overview

10.8.2 Energy and Utilities: Endpoint Security Market – Revenue and Forecast to 2028 (US$ Million)

10.9 Education

10.9.1 Overview

10.9.2 Education: Endpoint Security Market – Revenue and Forecast to 2028 (US$ Million)

10.10 Others

10.10.1 Overview

10.10.2 Others: Endpoint Security Market – Revenue and Forecast to 2028 (US$ Million)

11. Middle East & Africa Endpoint Security Market – Country Analysis

11.1 Overview

11.1.1 Middle East & Africa Endpoint Security Market, by Key Country

11.1.1.1 South Africa: Endpoint Security Market – Revenue and Forecast to 2028 (US$ Million)

11.1.1.1.1 South Africa: Endpoint Security Market, by Solution

11.1.1.1.2 South Africa: Endpoint Security Market, by Service

11.1.1.1.3 South Africa: Endpoint Security Market, by Deployment Type

11.1.1.1.4 South Africa: Endpoint Security Market, by Vertical

11.1.1.2 Saudi Arabia: Endpoint Security Market – Revenue and Forecast to 2028 (US$ Million)

11.1.1.2.1 Saudi Arabia: Endpoint Security Market, by Solution

11.1.1.2.2 Saudi Arabia: Endpoint Security Market, by Service

11.1.1.2.3 Saudi Arabia: Endpoint Security Market, by Deployment Type

11.1.1.2.4 Saudi Arabia: Endpoint Security Market, by Vertical

11.1.1.3 UAE: Endpoint Security Market – Revenue and Forecast to 2028 (US$ Million)

11.1.1.3.1 UAE: Endpoint Security Market, by Solution

11.1.1.3.2 UAE: Endpoint Security Market, by Service

11.1.1.3.3 UAE: Endpoint Security Market, by Deployment Type

11.1.1.3.4 UAE: Endpoint Security Market, by Vertical

11.1.1.4 Rest of MEA: Endpoint Security Market – Revenue and Forecast to 2028 (US$ Million)

11.1.1.4.1 Rest of MEA: Endpoint Security Market, by Solution

11.1.1.4.2 Rest of MEA: Endpoint Security Market, by Service

11.1.1.4.3 Rest of MEA: Endpoint Security Market, by Deployment Type

11.1.1.4.4 Rest of MEA: Endpoint Security Market, by Vertical

12. Industry Landscape

12.1 Overview

12.2 Market Initiative

12.3 New Product Development

12.4 Merger and Acquisition

13. Company Profiles

13.1 AO Kaspersky Lab

13.1.1 Key Facts

13.1.2 Business Description

13.1.3 Products and Services

13.1.4 Financial Overview

13.1.5 SWOT Analysis

13.1.6 Key Developments

13.2 Avast Software s.r.o.

13.2.1 Key Facts

13.2.2 Business Description

13.2.3 Products and Services

13.2.4 Financial Overview

13.2.5 SWOT Analysis

13.2.6 Key Developments

13.3 Cisco Systems, Inc.

13.3.1 Key Facts

13.3.2 Business Description

13.3.3 Products and Services

13.3.4 Financial Overview

13.3.5 SWOT Analysis

13.3.6 Key Developments

13.4 ESET, spol. s r.o.

13.4.1 Key Facts

13.4.2 Business Description

13.4.3 Products and Services

13.4.4 Financial Overview

13.4.5 SWOT Analysis

13.4.6 Key Developments

13.5 Fortinet, Inc.

13.5.1 Key Facts

13.5.2 Business Description

13.5.3 Products and Services

13.5.4 Financial Overview

13.5.5 SWOT Analysis

13.5.6 Key Developments

13.6 McAfee, LLC

13.6.1 Key Facts

13.6.2 Business Description

13.6.3 Products and Services

13.6.4 Financial Overview

13.6.5 SWOT Analysis

13.6.6 Key Developments

13.7 Microsoft Corporation

13.7.1 Key Facts

13.7.2 Business Description

13.7.3 Products and Services

13.7.4

13.7.5 Financial Overview

13.7.6 SWOT Analysis

13.7.7 Key Developments

13.8 Palo Alto Networks, Inc.

13.8.1 Key Facts

13.8.2 Business Description

13.8.3 Products and Services

13.8.4 Financial Overview

13.8.5 SWOT Analysis

13.8.6 Key Developments

14. Appendix

14.1 About The Insight Partners

14.2 Word Index

LIST OF TABLES.

Table 1. Middle East & Africa Endpoint Security Market Revenue Forecast and Forecast to 2028 (US$ Million)

Table 2. MEA: Endpoint Security Market, by Key Country – Revenue and Forecast to 2028 (US$ Million)

Table 3. South Africa: Endpoint Security Market, by Solution– Revenue and Forecast to 2028 (US$ Million)

Table 4. South Africa: Endpoint Security Market, by Service– Revenue and Forecast to 2028 (US$ Million)

Table 5. South Africa: Endpoint Security Market, by Deployment Type–Revenue and Forecast to 2028 (US$ Million)

Table 6. South Africa: Endpoint Security Market, by Vertical–Revenue and Forecast to 2028 (US$ Million)

Table 7. Saudi Arabia: Endpoint Security Market, by Solution– Revenue and Forecast to 2028 (US$ Million)

Table 8. Saudi Arabia: Endpoint Security Market, by Service– Revenue and Forecast to 2028 (US$ Million)

Table 9. Saudi Arabia: Endpoint Security Market, by Deployment Type –Revenue and Forecast to 2028 (US$ Million)

Table 10. Saudi Arabia: Endpoint Security Market, by Vertical–Revenue and Forecast to 2028 (US$ Million)

Table 11. UAE: Endpoint Security Market, by Solution– Revenue and Forecast to 2028 (US$ Million)

Table 12. UAE: Endpoint Security Market, by Service– Revenue and Forecast to 2028 (US$ Million)

Table 13. UAE: Endpoint Security Market, by Deployment Type –Revenue and Forecast to 2028 (US$ Million)

Table 14. UAE: Endpoint Security Market, by Vertical–Revenue and Forecast to 2028 (US$ Million)

Table 15. Rest of MEA: Endpoint Security Market, by Solution– Revenue and Forecast to 2028 (US$ Million)

Table 16. Rest of MEA: Endpoint Security Market, by Service– Revenue and Forecast to 2028 (US$ Million)

Table 17. Rest of MEA: Endpoint Security Market, by Deployment Type–Revenue and Forecast to 2028 (US$ Million)

Table 18. Rest of MEA: Endpoint Security Market, by Vertical–Revenue and Forecast to 2028 (US$ Million)

Table 19. List of Abbreviation

LIST OF FIGURES.

Figure 1. Middle East & Africa Endpoint Security Market Segmentation

Figure 2. Middle East & Africa Endpoint Security Market Segmentation – By Country

Figure 3. Middle East & Africa Endpoint Security Market Overview

Figure 4. Middle East & Africa Endpoint Security Market, by Solution

Figure 5. Middle East & Africa Endpoint security Market, by Country

Figure 6. Middle East & Africa PEST Analysis

Figure 7. Middle East & Africa Endpoint Security Market- Ecosystem Analysis

Figure 8. Expert Opinion

Figure 9. Middle East & Africa Endpoint Security Market: Impact Analysis of Drivers and Restraints

Figure 10. Middle East & Africa Endpoint Security Market Revenue Forecast and Analysis (US$ Million)

Figure 11. Middle East & Africa Endpoint Security Market Revenue Share, by Solution (2021 and 2028)

Figure 12. Anti-Virus, Antispyware, Antimalware: Endpoint Security Market – Revenue and Forecast to 2028 (US$ Million)

Figure 13. Firewall: Endpoint Security Market – Revenue and Forecast to 2028 (US$ Million)

Figure 14. Endpoint Device Control: Endpoint Security Market – Revenue and Forecast to 2028 (US$ Million)

Figure 15. Intrusion Prevention: Endpoint Security Market – Revenue and Forecast to 2028 (US$ Million)

Figure 16. Endpoint Application Control: Endpoint Security Market – Revenue and Forecast to 2028 (US$ Million)

Figure 17. Middle East & Africa Endpoint Security Market Revenue Share, by Service (2021 and 2028)

Figure 18. Consulting: Endpoint Security Market – Revenue and Forecast to 2028 (US$ Million)

Figure 19. Training and Support: Endpoint Security Market – Revenue and Forecast to 2028 (US$ Million)

Figure 20. Managed Services: Endpoint Security Market – Revenue and Forecast to 2028 (US$ Million)

Figure 21. Middle East & Africa Endpoint Security Market Revenue Share, by Deployment Type (2021 and 2028)

Figure 22. On-Premises: Endpoint Security Market – Revenue and Forecast to 2028 (US$ Million)

Figure 23. Cloud: Endpoint Security Market – Revenue and Forecast to 2028 (US$ Million)

Figure 24. Middle East & Africa Endpoint Security Market Revenue Share, by Vertical (2021 and 2028)

Figure 25. Government and Defense: Endpoint Security Market – Revenue and Forecast to 2028 (US$ Million)

Figure 26. BFSI: Endpoint Security Market – Revenue and Forecast to 2028 (US$ Million)

Figure 27. Retail: Endpoint Security Market – Revenue and Forecast to 2028 (US$ Million)

Figure 28. IT and Telecom: Endpoint Security Market – Revenue and Forecast to 2028 (US$ Million)

Figure 29. Healthcare: Endpoint Security Market – Revenue and Forecast to 2028 (US$ Million)

Figure 30. Energy and Utilities: Endpoint Security Market – Revenue and Forecast to 2028 (US$ Million)

Figure 31. Education: Endpoint Security Market – Revenue and Forecast to 2028 (US$ Million)

Figure 32. Others: Endpoint Security Market – Revenue and Forecast to 2028 (US$ Million)

Figure 33. Middle East & Africa Endpoint Security Market Revenue Share, by Key Country (2021 and 2028)

Figure 34. South Africa: Endpoint Security Market – Revenue and Forecast to 2028 (US$ Million)

Figure 35. Saudi Arabia: Endpoint Security Market – Revenue and Forecast to 2028 (US$ Million)

Figure 36. UAE: Endpoint Security Market – Revenue and Forecast to 2028 (US$ Million)

Figure 37. Rest of MEA: Endpoint Security Market – Revenue and Forecast to 2028 (US$ Million)

● AO Kaspersky Lab

● Avast Software s.r.o.

● Cisco Systems, Inc.

● ESET, spol. s r.o.

● Fortinet, Inc.

● McAfee, LLC

● Microsoft Corporation

● Palo Alto Networks, Inc.

● Save and reduce time carrying out entry-level research by identifying the growth, size, leading players and segments in the Middle East & Africa endpoint security market.

● Highlights key business priorities in order to assist companies to realign their business strategies

● The key findings and recommendations highlight crucial progressive industry trends in the Middle East & Africa endpoint security market, thereby allowing players across the value chain to develop effective long-term strategies

● Develop/modify business expansion plans by using substantial growth offering developed and emerging markets

● Scrutinize in-depth Middle East & Africa market trends and outlook coupled with the factors driving the endpoint security market, as well as those hindering it

● Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to client products, segmentation, pricing, and distribution

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