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Saudi Arabia Managed Security Services Market Forecast and Opportunities, 2020

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Saudi Arabia is confronting a clear risk from sophisticated cyber-attacks. The regions growing economy, high internet & mobile penetration, and sophisticated infrastructure make it an attractive destination for hackers to make easy money. Currently, the country is leading in terms of cyber-attacks in the Gulf region, while globally, the Kingdom ranks second in spam attacks. Increasing frequency and severity of security threats, and lack of IT security expertise are propelling demand for Managed Security Services (MSS) in the country. Organizations have been increasing investment in security services, and complexity in handling security issues in-house is leading them to opt for Managed Security Service Providers (MSSPs). Huge investments are expected in cloud security services and network security services over the forecast period. Cloud-based managed security services are anticipated to grow faster than the market for remotely monitored Customer Premises Equipment (CPE) MSS, since they offer encryptions, along with opportunities for future expansion due to adoption of cloud computing.

According to Saudi Arabia Managed Security Services Market Forecast & Opportunities, 2020, the Kingdoms managed security services market is estimated to reach around USD 3.5 billion by 2020. Since, the evolving threat landscape in the country demands smarter and more responsive solutions, enterprises are moving towards outsourced services, which reduces cost and effort, at the same time providing a resilient incident management system. The government is continuously investing in large IT security projects and is anticipated to be the fastest growing end use sector for managed security services in the country. Other application areas expected to exhibit growth are BFSI, oil & gas and education sector. Enterprises are looking for centralized visibility and security management, with high level of protection against malware. Increase in IT spending and growing incidence of malicious malware attacks and cyber-attacks will be the key drivers for the growth in countrys MSS market during the forecast period.

Saudi Arabia Managed Security Services Market Forecast & Opportunities, 2020 discusses the following aspects of MSS market in Saudi Arabia:

Saudi Arabia Managed Security Services Market Size, Share & Forecast
Segmental Analysis - By Application Industry, By Company
Policy & Regulatory Landscape
Changing Market Trends & Emerging Opportunities
Competitive Landscape & Strategic Recommendations

Why You Should Buy This Report?

To gain an in-depth understanding of Managed Security Services market in Saudi Arabia
To identify the on-going trends and anticipated growth in the next five years
To help industry consultants, manufacturers and other stakeholders align their market-centric strategies
To obtain research based business decisions and add weight to presentations and marketing material
To gain competitive knowledge of leading market players
To avail 10% customization in the report without any extra charges and get the research data or trends added in the report as per the buyers specific needs

Report Methodology

The information contained in this report is based upon both primary and secondary research. Primary research included interviews with managed security service providers and channel partners. Secondary research included an exhaustive search of relevant publications like company annual reports, financial reports and proprietary databases.
1. Research Methodology
2. Analyst Briefing
3. Product Definition
4. Global Managed Security Services Market Overview
4.1. Market Size & Forecast
4.1.1. By Value
5. Saudi Arabia Managed Security Services Market Outlook
5.1. Market Size & Forecast
5.1.1. By Value
5.2. Market Share & Forecast
5.2.1. By Type
5.2.2. By Company
5.2.3. By End User
6. Saudi Arabia Physical Security Services Market Outlook
6.1. Market Size & Forecast
6.1.1. By Value
6.2. Market Share & Forecast
6.2.1. By Type
7. Saudi Arabia Information Security Services Market Outlook
7.1. Market Size & Forecast
7.1.1. By Value
7.2. Market Share & Forecast
7.2.1. By Type
8. Market Dynamics
8.1. Drivers
8.2. Challenges
9. Market Trends & Developments
9.1. Cloud-based Managed Security Services
9.2. Rising Customer Interest for Distributed Denial of Services (DDoS)
9.3. Centralized Security Management
9.4. Emerging Managed Fraud Prevention Services
9.5. Bring Your Own Device Concept
10. Policy and Regulatory Landscape
11. Saudi Arabia Economic Profile
12. Competitive Landscape
12.1. Company Profiles
12.1.1. Injazat Data Systems LLC
12.1.2. Saudi Telecom Company
12.1.3. International Business Machines Corporation
12.1.4. Wipro Limited
12.1.5. Hewlett-Packard Company
12.1.6. Tata Consultancy Services Limited
12.1.7. Etihad Etisalat Company (Mobily)
12.1.8. Arabic Computer Systems Ltd
12.1.9. Cisco Systems Inc
12.1.10. Symantec Corporation
12.1.11. AT&T Global Network Services LLC
13. Strategic Recommendations

List Of Figures

Figure 1: Global MSS Market Size, By Value, 2010-2020F (USD Billion)
Figure 2: Global IT Industry Security Landscape, 2014
Figure 3: Saudi Arabia MSS Market Size, By Value, 2010-2020F (USD Billion)
Figure 4: IT Spending in the Middle East, By Region, By Value, 2014 (USD Billion)
Figure 5: Saudi Arabia IT Spending, By Value, 2009-13 (USD Billion)
Figure 6: Saudi Arabia MSS Market Share, By Type, By Value, 2014 & 2020F
Figure 7: Saudi Arabia MSS Market Share, By Company, By Value, 2014 & 2020F
Figure 8: Saudi Arabia MSS Market Share, By End User, By Value, 2014 & 2020F
Figure 9: Saudi Arabia Physical Security Services Market Size, By Value, 2010-2020F (USD Million)
Figure 10: Saudi Arabia Physical Security Services, Market Share, By Type, By Value, 2014 & 2020F
Figure 11: Saudi Arabia Information Security Services, Market Size, By Value, 2010-2020F (USD Million)
Figure 12: Saudi Arabia Information Security Services, Market Share, By Type, By Value, 2014 & 2020F
Figure 13: STC Financial Details
Figure 14: IBM Financial Details
Figure 15: Wipro Financial Details
Figure 16: HP Financial Details
Figure 17: TCS Financial Details
Figure 18: Mobily Financial Details
Figure 19: Cisco Financial Details
Figure 20: Symantec Financial Details
Figure 21: AT&T Financial Details

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Reports Details

Published Date : Mar 2015
No. of Pages :110
Country :Saudi Arabia
Category :Telecommunications
Publisher :TechSci Research
Report Delivery By :Email
Report Delivery Time :12 to 24 hours after placing the order.

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