Arab Advisors Group released two reports exploring the emerging market of Cybersecurity. The first report, Vertical Markets in the 5G Era Series: Cybersecurity, offers a thorough examination of the current state of the cybersecurity market. It delves into the cybersecurity products and services, pricing strategies, and business models of global and regional cybersecurity providers, as well as telecom operators. The second report, Vertical Markets in the 5G Era Series: Profiling of Cybersecurity Providers, provides detailed profiles of 35 key players in the industry.
In an era of unprecedented digitization and heightened Internet reliance, the need for robust cybersecurity has never been more critical. As digital platforms proliferate and data volumes surge, new technologies such as 5G, Internet of Things, and cloud computing, coupled with the rise of remote work, led to increased security vulnerabilities. Cyber threats such as ransomware, phishing, and advanced persistent threats are evolving, underscoring the urgent need for advanced cybersecurity measures.
Arab Advisors Group has embarked to provide a panoptic overview of the cybersecurity industry in the MENA region, providing a detailed analysis of the cybersecurity market. In its first report, Vertical Markets in the 5G Era Series: Cybersecurity, Arab Advisors Group provided an in-depth look into the cybersecurity market in the region, analysing 5 global cybersecurity providers serving MENA, 5 regional cybersecurity providers, and 25 regional telecom operators. Arab Advisors Group examined cybersecurity products and services, business models, segmentation practices, fees and pricing strategies, and the trend of developing in-house versus partnering with third-party vendors. Arab Advisors Group conducted a multifaceted analysis, at global, regional and telecom operator levels. Furthermore, the group provided a comparative analysis of the three types of providers. In its second report, Vertical Markets in the 5G Era Series: Profiling of Cybersecurity Providers, Arab Advisors Group profiled all 35 cybersecurity providers covered in the initially referenced report.
Hiba Rabadi, Managing Director of Arab Advisors Group said: “The growing intersection of extensive data exposure, sophisticated cyber threats, and the advent of 5G networks emphasizes the critical need for enhanced cybersecurity solutions. We observe a dynamic landscape where global tech leaders and specialized cybersecurity firms are making significant strides in the MENA region. Telecom operators are also emerging as key players in the cybersecurity realm, leveraging their expertise in network technologies to offer compelling cybersecurity solutions.”
Rabadi elaborated, saying, "Our reports are vital resources for technology stakeholders, manifested by the comprehensive and detailed research behind them. Highlighting cybersecurity providers’ services, business models, and pricing strategies is crucial for evaluating their response to the emergence of 5G, one of the most promising and transformative technologies. Moreover, our reports identify potential growth areas and advancement within the cybersecurity industry that may have been overlooked. For instance, industry-specific services represent a field that could benefit from further development and attention. Our research has uncovered a significant lag in segment targeting, particularly among regional cybersecurity providers and telecom operators, where the gap is even wider. Focusing on segment targeting will enhance awareness and emphasize the growing need for cybersecurity services in the face of rapid digital transformation and technological advancements. Addressing this gap will also serve cybersecurity providers themselves; by focusing on industry-specific services, providers can more effectively address pain points across eclectic industries, thereby maintaining their relevance and positioning themselves as the preferred choice for cybersecurity needs.”
The report: Vertical Markets in the 5G Era Series: Cybersecurity, which was released in August 2024 to Arab Advisors Group’s communication research subscribers, answers the below questions:
• How do cybersecurity providers in MENA compare to global counterparts with reference to features, business models, and corresponding fees?
• What telecom operators in MENA offer their in-house developed cybersecurity services?
• How do telecom operators’ cybersecurity services weigh against non-telecom cybersecurity services?
• How is the cybersecurity industry responding to the emergence and operation of 5G technologies?
The report was released to Arab Advisors Group’s subscribers and can be purchased for a fee of US$ 6,000.
The second report: Vertical Markets in the 5G Era Series: Profiling of Cybersecurity Providers, which was released in August 2024 to Arab Advisors Group’s communication research subscribers, provides an in-depth profile of the 35 MENA and global cybersecurity providers, and telecom operators which offer cybersecurity services, covering their services, fees, business models, pricing models and segmentation practices.
The report was released to Arab Advisors Group’s subscribers and can be purchased for a fee of US$ 4,000.
Please contact Arab Advisors Group for more details or to get a copy of the reports’ Table of Contents.
Arab Advisors Group’s team of analysts in the region produced over 6,100 reports on the Arab World’s communications, media, and financial markets. The reports can be purchased individually or received through an annual subscription to Arab Advisors Group’s (www.arabadvisors.com) Strategic Research Services (Media and Telecom).
To date, Arab Advisors Group serves over 1,000 global and regional companies by providing reliable research analysis and forecasts of Arab communications markets to these clients. Some of our clients can be viewed on https://arabadvisors.com/client-list
Source: Press Release