Middle East and North Africa Network Analysis Market

Overview

Middle East and North Africa Network Analysis Market reached US$ 129.6 million in 2023 and is expected to reach US$ 494.7 million by 2031, growing with a CAGR of 18.3% during the forecast period 2024-2031.

To modernize infrastructure, increase operational efficiency and improve service delivery, governments as well as companies around the region are investing extensively in digital transformation programs. As a result, there is a rising demand to monitor and optimize network performance using reliable network analysis tools. Network complexity rises in tandem with the growth of data centers. Distributed architectures, networked systems and hybrid and multi-cloud settings are common features of modern data centers. To effectively supervise and optimize these intricate networks, network analysis tools are essential.

For instance, in September 2023, Netskope, a secure access service edge provider, has announced the development of its NewEdge network in the Middle East, which now includes four data centres in UAE and Saudi Arabia. According to Netskope, this expansion will allow the network to better serve both regional and multinational enterprise customers.

The development adds, reinforces the rising GCC data center market, which is predicted to reach US$ 5.5 billion by 2028, up from UD$ 3.44 billion in 2022, boosted by regional government programs such as The UAE 2031 and Saudi Vision 2031. Therefore, UAE and Saudi Arabia collectively drives the MENA market accounting for more than one third of the regional market.

Dynamics

Strategic Partnerships and Digital Transformation Initiatives

Strategic alliances offer companies to enhance their market presence by using each other's networks and consumer bases. Partnerships with local and other regional players can help international companies get better access to the Middle East and North Africa market, while local enterprises can leverage some profit from their partners' global reach.

In March 2023, Emirates Integrated Telecommunications Company du has signed an MOU with Cisco Systems Inc. to accelerate the company's digital transformation strategy. The partnership is to assist the transition from a service provider to a leading digital telco. The MoU intends on potential future research in crucial elements such as sustainability, metaverse-ready networks, security and quantum networks and automation and private 5G, among others.

The association helps du shift to a platform of innovation while also investigating new revenue sources powered by cloud services, AI and a digital-first approach. The MoU also serves as a strategic framework for improving DU's network performance, managed services and mobile experiences across UAE, all by the telco's digital transformation.

Increased Adoption of Cloud Networks

Companies such as Microsoft and Oracle have invested in developing cloud regions in Saudi Arabia, indicating a considerable expansion of the region's cloud infrastructure. The development increases data traffic across networks, creating a growing requirement for network analysis tools to monitor, manage and optimize cloud-based infrastructure performance.

For instance, in February 2023, Saudi Arabia has attracted more than US$9 billion in potential technology investments, specifically from Microsoft and Oracle Corp., which are developing cloud regions in the kingdom. According to Saudi Minister of Communication and Information Organization Abdullah Alswaha, Microsoft will invest US$ 2.1 billion in a global super-scaler cloud, while Oracle will contribute US$ 1.5 billion to establish a new cloud region in Riyadh. "The investments will strengthen the Kingdom of Saudi Arabia's position as the largest digital market in the Middle East and North Africa.

Complexity of Implementation

Expertise in networking, cybersecurity, data analytics and software development are necessary for the effective implementation of network analysis solutions. There may be difficulties in implementing these solutions because many MENA organizations lack the internal knowledge or resources to deploy and operate them successfully.

Integration with current IT infrastructure, such as network hardware, software and security tools, is a common step in the deployment of network analysis solutions. It can be difficult to ensure seamless integration and interoperability, especially in environments with a variety of legacy systems, as many in the MENA region possess.

The additional amount of complexity that comes with implementing regulations about data protection, security and network monitoring is the compliance aspect. Businesses need to make sure that their network analysis solutions comply with all relevant rules and regulations, which can differ depending on the MENA regions many nations and sectors.

Segment Analysis

The Middle East and North Africa Network Analysis market is segmented based on component, deployment model organization, application, end-user and region.

Telecom Segmental Growth is Being Driven by Trends of Digital Transformation and Growing ICT Spending

Growing investments in ICT and the rapid digital transformation projects are expected to propel the telecommunications industry in the Middle East, Turkey and Africa region. Telecom providers are offered profitable prospects to profit from the rising ICT investment and meet the increasing need for network analysis solutions as the region's digital economy develops.

In February 2023, the Middle East, Turkey and Africa will spend more than US$233.8 billion on information and communications technology, a 3.9% rise from 2022. IDC stated in its regional estimates for 2023 that it expects spending on telecommunications services to rise 3.6% YoY to US$ 133.9 billion, while IT spending is expected to climb 4.3% YoY to US$ 99.9 billion. IDC predicts that digital transformation investment in the META area will surpass US$ 48.8 billion in 2023. Therefore, the growing investment drives the growth of the telecom segmental market.

Geographical Penetration

KSA Multi-Dimensional Infrastructure Network

Several significant smart city projects, including NEOM and the Red Sea Project project in Riyadh, have been initiated by Saudi Arabia. The programs are designed to improve urban life, sustainability and economic development by utilizing technology and data-driven insights. Due to network analysis enables to monitoring and control of vital infrastructure networks such as those for electricity, water, transportation and communication in real-time, it is essential to the success of smart city initiatives.

As a result, by stimulating demand in several industries, including telecommunications, the multi-dimensional infrastructure network in Saudi Arabia fosters the expansion of the network analysis market. Therefore, the Saudi Arabia is witnessing the signiifcant CAGR growth in the regional market.

Competitive Landscape

The major global players in the market include Cisco Systems Inc., IBM Corporation, Microsoft Corporation, SAS Institute Inc. oracle Corporation, Splunk Inc., Riverbed Technology Inc., NetScout Systems Inc., Ixia and SolarWinds Inc.

COVID-19 Impact

As companies seek to adapt to remote labor and digital business models, the epidemic has accelerated the speed of digital transformation in the MENA region. The rapid digitization of procedures and services, has led to a rise in investment in ICT infrastructure, including tools and technology for network analysis.

The trend to remote work and other digital activities during the pandemic has resulted in an increasing demand for reliable and secure networks in the MENA. Since numerous companies across a range of industries rely on their networks to enable remote operations, there has been an increased focus on network security and performance. The adoption of network analysis technology has been driven by the increasing requirement to secure, optimize and monitor network infrastructure.

AI Impact

AI-driven network automation solutions automate repetitive procedures and tasks, which simplifies network management duties including provisioning, troubleshooting and configuration management. The MENA region's time to resolution for network problems has accelerated up because to this automated capability, which also lowers human error and increases operational efficiency.

By Component

• Services
• Network Intelligence Solutions

By Deployment Model

• Cloud
• On-premise

By Organization

• SMEs
• Large Enterprises

By Application

• Customer Analysis
• Risk Management and Fault Detection
• Network Performance Management
• Compliance Management
• Quality Management
• Others

By End-User

• Cloud Service Providers
• Managed Service Providers
• Telecom Provider
• Others

By Country

• Saudi Arabia
• UAE
• Oman
• Bahrain
• Qatar
• Kuwait
• Egypt
• Iran
• Iraq
• Israel
• Rest of Middle East and North Africa

Key Developments

• In December 2023, in order to expand presence in Middle East and Africa, the global service provider CMC Networks, which provides networking solutions throughout Africa and the Middle East, is being acquired by STC Group subsidiary centre3.
• In October 2023, Tencent Cloud provides the new SuperApp-as-a-Service, AI and Media Capabilities to Strengthen MEA Businesses.

Why Purchase the Report?

• To visualize the MENA Network Analysis Market segmentation based on component, deployment model organization, application, end-user and region, as well as understand key commercial assets and players.
• Identify commercial opportunities by analyzing trends and co-development.
• Excel data sheet with numerous data points of network analysis market-level with all segments.
• PDF report consists of a comprehensive analysis after exhaustive qualitative interviews and an in-depth study.
• Product mapping available as excel consisting of key products of all the major players.

The Middle East and North Africa Network Analysis market report would provide approximately 48 tables, 39 figures and 155 pages.

Target Audience 2024

• Manufacturers/ Buyers
• Industry Investors/Investment Bankers
• Research Professionals
• Emerging Companies