The “Middle East & Africa (MEA) AI, Cyber Security & Big Data Analytics Market – Growth, Trends, Forecasts (2020-2025)” report has been added to ResearchAndMarkets.com’s offering.
The Middle East & African AI, cyber security & big data analytics market (henceforth, referred to as the market studied) was valued at USD 11.78 billion in 2019, and it is expected to reach USD 28.36 billion by 2025, registering a CAGR of 20.4%, during the period 2019-2025
The adoption of advanced technology has been witnessing increasing growth in the Middle East & African countries. In the recent times, rapid digitalization in countries, like the United Arab Emirates and Saudi Arabia, has triggered a high number of connected devices in the region.
Enterprises in the end-user industries are increasingly deploying AI to realize cost benefits, increase productivity, and improve their safety standards. Several government-driven initiatives are changing the dynamics of the industrial sector and contributing to reshaping the landscape in key economies like Saudi Arabia and UAE, and creating stronger institutional set-up and effective regulatory frameworks, to promote private sector investments.
Various governments in the region have conducted long-term plans for using AI and ML as an economic stimulus or enhancing workforce efficiency and government structure agility. Now, AI programs are carried out with governments’ direct support, but companies in the region would have their own AI departments in the short term.
UAE government is the first country in the Middle East region to launch its AI strategy, and the first in the world to create a Ministry of Artificial Intelligence. The government is planning to invest in AI technologies in about nine sectors.
With COVID-19 becoming the new reality, organizations worldwide must respond proactively to cyber threats that have witnessed a spike during the pandemic. For this reason, cyber resilience, which refers to a sector or organization’s ability to prepare for, respond to, and recover from cyberattacks, has become an absolute necessity rather than a mere option in the current scenario.
Key Topics Covered:
2 RESEARCH METHODOLOGY
3 EXECUTIVE SUMMARY
4 MARKET DYNAMICS
4.1 Market Overview
4.2 Industry Ecosystem Analysis
4.3 Market Drivers
4.3.1 Favorable Governmental Policies and Collaborations Undertaken by Technology Enablers in the Region
4.3.2 Growth in Adoption of IoT in Retail and BFSI Sector
4.3.3 Growing End-user Applications and Need for Real-time Analysis
4.4 Market Challenges
4.4.1 Adoption and Operational Challenges Due to Lack of Supporting Infrastructure in the Region
4.5 Market Opportunities
4.5.1 Government Focus Towards Development of Non-oil Sectors Through AI
4.5.2 Investments in Smart City Projects in the Region
4.6 Key Industry Collaborations And Partnerships
4.7 Impact of COVID-19 on the Adoption of AI and Cyber Security
4.8 Analysis of Key Data Science Hotspots in MENA
4.9 Cyber Security Landscape in the Middle East & African Region
4.9.1 Threat Perception Analysis
4.9.2 Current Investment Activity
5 KEY GROWTH ENABLERS FOR AI & THEIR ROLE IN DRIVING ADOPTION IN THE MEA REGION
5.1 Machine Learning
5.3 Neural Networks And Deep Learning
5.5 Natural Language Processing
6 MARKET SEGMENTATION
6.2 End User Industry
6.2.1 IT & Telecom
6.2.3 Public & Government institutions
6.2.5 Manufacturing And Construction
6.2.6 Other End User Industries
6.3.1 Cyber Security Market
184.108.40.206 Wireless Network
220.127.116.11 Other Security Types
6.3.2 Big Data Analytics Market
18.104.22.168 Data Discovery & Visualization
22.214.171.124 Advanced Analytics
6.4.1 United Arab Emirates
6.4.2 Saudi Arabia
6.4.4 South Africa
6.4.8 Rest of the MEA
6.4.10 FireEye Inc.
6.4.11 Paramount Computer Systems LLC
6.5 COMPETITIVE LANDSCAPE
6.5.1 Company Profiles
126.96.36.199 Microsoft Corporation
188.8.131.52 Nvidia Corporation
184.108.40.206 AvidBeam Technologies
220.127.116.11 NEC Corporation
18.104.22.168 Synapse Technology Corporation
22.214.171.124 Amazon Web Services Inc.
126.96.36.199 Nvidia Corporation
188.8.131.52 AvidBeam Technologies
184.108.40.206 NEC Corporation
220.127.116.11 Synapse Technology Corporation
18.104.22.168 Amazon Web Services Inc.
22.214.171.124 SAP SE
126.96.36.199 Symantec Corporation (Norton LifeLock)
188.8.131.52 Trend Micro Inc.
184.108.40.206 DTS Solutions Inc.
220.127.116.11 SAP SE
18.104.22.168 SAS Institute Inc
22.214.171.124 Teradata Corporation
6.6 CURRENT INVESTMENT ACTIVITY
6.7 MARKET OPPORTUNITIES AND FUTURE TRENDS
For more information about this report visit https://www.researchandmarkets.com/r/qig6p0
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