Market Research Report
Middle East & Africa Critical Infrastructure Protection Market Forecast 2021-2028
|Published by||Inkwood Research||Product code||980897|
|Published||Content info||101 Pages
Delivery time: 2-3 business days
|Middle East & Africa Critical Infrastructure Protection Market Forecast 2021-2028|
|Published: January 11, 2021||Content info: 101 Pages||
The Middle East & Africa critical infrastructure protection market is expected to grow with a CAGR of 6.72%, over the forecast years of 2021 to 2028. The transportation sector's development, the growing investments towards critical infrastructure, and the increasing rates of cyberattacks, are projected to fuel the region's market growth.
The Middle East & Africa critical infrastructure protection market is assessed through the analysis of Turkey, the United Arab Emirates, Saudi Arabia, Turkey, and the rest of the Middle East & Africa. In 2017, Triton malware attacked Petro Rabigh, the Saudi Arabian oil producer. The attack was close to triggering high-pressure toxic hydrogen sulfide gases' explosion, along the Red Sea coast. If successful, the explosion would have considerably damaged human lives as well as businesses. Moreover, in the existing age of hyper-connected digital economies, technology is not an extension of critical infrastructure service, anymore. Instead, it plays a crucial role at the core of every service. Saudi Arabia is also experiencing growing tension, as Iran continues to threaten Persian Gulf countries for critical infrastructure.
On the other hand, cybersecurity activities in Turkey began with the Cabinet Decree termed, 'Execution, Management, and Coordination of National Cybersecurity Activities,' in 2012. Turkey mainly concentrates on establishing required measures to improve national cybersecurity, while implementing the National Cyber Security Strategy and Action Plan. As a result, such factors are accredited to the Middle East & Africa's market growth, over the forecast period.
Leading companies operating in the market include, General Electric Company, Waterfall Security Solutions Ltd, Ericsson AB, etc.