Qatar managed security services market is expected to grow at a remarkable rate during the forecast period. The Qatar managed security services market is driven by the increasing use of advanced technologies such as AI, IoT, cloud computing, blockchain, among others for cyber defense. Additionally, managed security services help in preventing financial losses that are incurred due to information loss & data theft and network damage within an enterprise. This in turn is expected to foster the market growth through 2027. However, adhering to cyber security norms and regulations can hinder the market growth during the next few years. Furthermore, resistance to share important data & information coupled with varying demands regarding security package can further obstruct the market growth during the forecast period.
The Qatar managed security services market is segmented based on type, security type, deployment mode, organization size, end user industry, company, and region. Based on type, the market can be fragmented into identity and access management, antivirus/anti-malware, firewall, risk and compliance management, vulnerability management, security information and event management, intrusion detection system/ intrusion prevention system, disaster recovery, unified threat management, encryption, data loss prevention, distributed denial of service mitigation and others. The encryption segment is expected to dominate the market owing to the increase in organizational need to protect the confidentiality and integrity of digital data. Additionally, benefits such as flexibility, affordability, scalability, ease of use, among others further drive the segmental growth. Based on organization size, the market can be split into large enterprises and SMEs. The SMEs segment is expected to register significant growth in the market owing to the increasing adoption of cloud-based solutions within the SMEs. Based on end user industry, the market can be categorized into BFSI, IT & telecommunication, energy & utilities, healthcare, manufacturing, defense, others. The BFSI segment is expected to dominate the market through 2027. This can be attributed to the growing need for providing enhanced security and digital privacy in the financial institutions.
The major players operating in the global managed security services market are Cisco Systems Inc., Check Point Software Technologies Ltd., Hewlett Packard Enterprise Development LP, Intel Security (McAfee), Palo Alto Networks Inc., Broadcom Inc. (Symantec Corporation), Fortinet Qatar, Gulf Business Machines B.S.C, Paladion Qatar W.L.L, IBM Qatar LLC, and others. Major companies are developing advanced technologies and launching new services to stay competitive in the market. Other competitive strategies include mergers & acquisitions and new service developments.
Objective of the Study
- To analyze and estimate the market size of Qatar managed security services market from 2017 to 2020.
- To estimate and forecast the market size of Qatar managed security services market from 2021 to 2027 and growth rate until 2027.
- To classify and forecast Qatar managed security services market based on type, security type, deployment mode, organization size, end user industry, company, and regional distribution.
- To identify dominant region or segment in the Qatar managed security services market.
- To identify drivers and challenges for Qatar managed security services market.
- To examine competitive developments such as expansions, new product launches, mergers & acquisitions, etc., in Qatar managed security services market.
- To identify and analyze the profile of leading players operating in Qatar managed security services market.
- To identify key sustainable strategies adopted by market players in Qatar managed security services market.
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Market Insights Research performed both primary as well as exhaustive secondary research for this study. Initially, Market Insights Research sourced a list of service providers across the globe. Subsequently, Market Insights Research conducted primary research surveys with the identified companies. While interviewing, the respondents were also enquired about their competitors. Through this technique, Market Insights Research could include the service providers which could not be identified due to the limitations of secondary research. Market Insights Research analyzed the service providers, distribution channels and presence of all major players across the globe.
Market Insights Research calculated the market size of
Key Target Audience
- Managed security services provider companies
- Market research and consulting firms
- Government bodies such as regulating authorities and policy makers
- Organizations, forums and alliances related to managed security services
The study is useful in providing answers to several critical questions that are important for the industry stakeholders such as service providers, suppliers and partners, end users, etc., besides allowing them in strategizing investments and capitalizing on market opportunities.
| Attribute | Details |
| Base Year | 2021 |
| Historical Years | 2017 – 2020 |
| Estimated Year | 2022E |
| Forecast Period | 2023F – 2027F |
| Quantitative Units | Revenue in USD Million, and CAGR for 2017-2021 and 2022E-2027F |
| Report Coverage | Revenue forecast, company share, competitive landscape, growth factors, and trends |
| Segments Covered | · Type · Security Type · Deployment Mode · Organization Size · End User Industry |
| Region Scope | Al Shamal, Al Rayyan, Al Daayen, Al Wakrah, Al Khor, Umm Salal & Al Dawhah (Doha) |
| Key Companies Profiled | Cisco Systems Inc., Check Point Software Technologies Ltd., Hewlett Packard Enterprise Development LP, Intel Security (McAfee), Palo Alto Networks Inc., Broadcom Inc. (Symantec Corporation), Fortinet Qatar, Gulf Business Machines B.S.C, Paladion Qatar W.L.L, IBM Qatar LLC. |
| Customization Scope | 10% free report customization with purchase. Addition or alteration to regional & segment scope. |
| Pricing and Purchase Options | Avail customized purchase options to meet your exact research needs. Explore purchase options |
| Delivery Format | PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request) |
