PUBLISHER: QKS Group | PRODUCT CODE: 1669238
PUBLISHER: QKS Group | PRODUCT CODE: 1669238
Market Share and Forecast: IT Risk Management, 2023-2028, Middle East and Africa (Bundle of Two Reports)
This product includes two reports: Market Share and Market Forecast.
Market Share Description:
QKS Group Reveals that the IT Risk Management Market is Projected to Register a CAGR of below average by 2028 in the Middle East and Africa.
The IT Risk Management (ITRM) market in the Middle East & Africa (MEA) is experiencing below-average growth, influenced by the region's economic disparities and varying levels of technological infrastructure. While there is a growing awareness of cybersecurity threats and the importance of robust IT risk management, many organizations in MEA face budget constraints and limited access to advanced technologies. However, sectors such as finance, telecommunications, and oil and gas are beginning to invest in ITRM solutions to address the increasing cyber threats. Government initiatives and support from international organizations are also contributing to the market's gradual growth by promoting cybersecurity awareness and encouraging the adoption of risk management practices.
Quadrant Knowledge Solutions defines "A software or a suite of solutions that assists organizations in managing the IT and cyber risks across the entire risk management lifecycle. The software is designed to establish a centralized hub for facilitating business-related decisions, provide real-time visibility of IT assets, proactively conduct risk assessments, and aggregate data from all IT assets and inventory tools. The software helps in anticipating risk incidents and provide swift response, identify vulnerabilities, implement controls to prevent data breaches, and ensure compliance with the regional regulatory standards. It also prioritizes data governance to safeguard the overall integrity and resilience of an organization's IT infrastructure."
Market Forecast Description:
QKS Group Reveals that the IT Risk Management Market is Projected to Register a CAGR of below average by 2028 in the Middle East and Africa.
The future of the IT Risk Management market in the Middle East and Africa presents a mixed outlook. On one hand, the ongoing digital transformation in various industries will necessitate improved risk management practices. On the other hand, economic instability and resource limitations may hinder rapid market expansion. However, regional cooperation and international support can play a crucial role in advancing cybersecurity capabilities. As more countries in MEA establish regulatory frameworks to address IT risks, businesses will be encouraged to adopt more robust ITRM solutions. Technological advancements and increased awareness about cyber threats will drive gradual market growth, with a focus on cost-effective and scalable solutions that cater to the unique needs of the region.
Quadrant Knowledge Solutions defines GRC platforms as "A software or a suite of solutions that assists organizations in managing the IT and cyber risks across the entire risk management lifecycle. The software is designed to establish a centralized hub for facilitating business-related decisions, provide real-time visibility of IT assets, proactively conduct risk assessments, and aggregate data from all IT assets and inventory tools. The software helps in anticipating risk incidents and provide swift response, identify vulnerabilities, implement controls to prevent data breaches, and ensure compliance with the regional regulatory standards. It also prioritizes data governance to safeguard the overall integrity and resilience of an organization's IT infrastructure."
TABLE OF CONTENTS
Market Share:
Chapter 01: Executive Summary
- Key Research Findings
- Top Predictions
- Top Trends
- Market Summary
Chapter 02: Market Overview
- Market Definition and Scope
- Key Factors Impacting the Market
- Drivers & Restraints
Chapter 03: Market Share Analysis
- Middle East & Africa Market Share
- Middle East & Africa Market Share by Industry Verticals
- Market Share by Media & Entertainment
- Market Share by Retail
- Market Share by BFSI
- Market Share by Travel & Hospitality
- Market Share by Education
- Market Share by Public Sector
- Market Share by Healthcare & Life Science
- Market Share by Automotive
- Market Share by Food & Beverage
- Middle East & Africa Market Share by Deployment Type
- Market Share by Deployment Type: On-prem
- Market Share by Deployment Type: Cloud
- Middle East & Africa Market Share by Customer Type
- Market Share by SMB
- Market Share by Large
- Market Share by Enterprise
Chapter 04: Company Profile
- Company Overview
- Analyst Perspectives and Analysis
Chapter 05: Appendix
- Research Methodologies
Market Forecast:
Chapter 01: Executive Summary
- Key Research Findings
- Top Predictions
- Top Trends
- Market Summary
Chapter 02: Market Overview
- Market Definition and Scope
- Key Factors Impacting the Market
- Drivers & Restraints
Chapter 03: Market Forecast Analysis
- Middle East & Africa Market Forecast
- Middle East & Africa Market Forecast by Industry Verticals
- Market Forecast by Media & Entertainment
- Market Forecast by Retail
- Market Forecast by BFSI
- Market Forecast by Travel & Hospitality
- Market Forecast by Education
- Market Forecast by Public Sector
- Market Forecast by Healthcare & Life Science
- Market Forecast by Automotive
- Market Forecast by Food & Beverage
- Middle East & Africa Market Forecast by Deployment Type
- Market Forecast by Deployment Type: On-prem
- Market Forecast by Deployment Type: Cloud
- Middle East & Africa Market Forecast by Customer Type
- Market Forecast by SMB
- Market Forecast by Large
- Market Forecast by Enterprise
Chapter 04: Company Profile
- Company Overview
- Analyst Perspectives and Analysis
Chapter 05: Appendix
- Research Methodologies
LIST OF FIGURES
Market Share:
- Fig. 1 Market Share of IT Risk Management Middle East & Africa, 2023
- Fig. 2 Middle East & Africa Market Share of IT Risk Management IT & Telecom Industry, 2023
- Fig. 3 Middle East & Africa Market Share of IT Risk Management Banking & Financial Services Industry, 2023
- Fig. 4 Middle East & Africa Market Share of IT Risk Management Insurance Industry, 2023
- Fig. 5 Middle East & Africa Market Share of IT Risk Management Healthcare Industry, 2023
- Fig. 6 Middle East & Africa Market Share of IT Risk Management Government & Public Sector, 2023
- Fig. 7 Middle East & Africa Market Share of IT Risk Management Retail & eCommerce, 2023
- Fig. 8 Middle East & Africa Market Share of IT Risk Management Manufacturing, 2023
- Fig. 9 Middle East & Africa Market Share of IT Risk Management Hospitality, 2023
- Fig. 10 Middle East & Africa Market Share of IT Risk Management On-premises Deployment, 2023
- Fig. 11 Middle East & Africa Market Share of IT Risk Management Cloud Deployment, 2023
- Fig. 12 Middle East & Africa Market Share of IT Risk Management SMB Customers, 2023
- Fig. 13 Middle East & Africa Market Share of IT Risk Management Large Customers, 2023
- Fig. 14 Middle East & Africa Market Share of IT Risk Management Enterprise Customers, 2023
Market Forecast:
- Fig. 1 Market Forecast of IT Risk Management Middle East & Africa, 2024- 2028
- Fig. 2 Market Forecast of IT Risk Management IT & Telecom Industry, 2024- 2028
- Fig. 3 Market Forecast of IT Risk Management Banking & Financial Services Industry, 2023
- Fig. 4 Market Forecast of IT Risk Management Insurance Industry, 2024- 2028
- Fig. 5 Market Forecast of IT Risk Management Healthcare Industry, 2024- 2028
- Fig. 6 Market Forecast of IT Risk Management Government & Public Sector, 2024- 2028
- Fig. 7 Market Forecast of IT Risk Management Retail & eCommerce, 2024- 2028
- Fig. 8 Market Forecast of IT Risk Management Manufacturing, 2024- 2028
- Fig. 9 Market Forecast of IT Risk Management Hospitality, 2024- 2028
- Fig. 10 Market Forecast of IT Risk Management On-premises Deployment, 2024- 2028
- Fig. 11 Market Forecast of IT Risk Management Cloud Deployment, 2024- 2028
- Fig. 12 Market Forecast of IT Risk Management SMB Customers, 2024- 2028
- Fig. 13 Market Forecast of IT Risk Management Large Customers, 2024- 2028
- Fig. 14 Market Forecast of IT Risk Management Enterprise Customers, 2024- 2028
