Middle East & Africa Privileged Access Management Solutions Market Forecast to 2031 - Regional Analysis - by Offering, Deployment, Enterprise Size, and End-Use Industry

Description

List of Tables

The Middle East & Africa privileged access management (PAM) solutions market was valued at US$ 132.83 million in 2023 and is expected to reach US$ 268.52 million by 2031; it is estimated to register a CAGR of 9.2% from 2023 to 2031.

Zero Trust Security Model Bolsters Middle East & Africa Privileged Access Management (PAM) Solutions Market

Zero trust is reshaping the privileged access management solution in a new era of stringent security practices. The goal of the zero-trust security model is to grant access to assets as precisely as early as possible so that employees have permission to use specific accounts, applications, or equipment only when needed and for a specific reason. Modern privileged access management solutions grant access to specifically defined resources only on request and at a specific time. Users have to request and, through acceptance, can acquire access to the company's assets "just in time." A privileged access management solution that adopts a zero-trust security model helps organizations to implement contextual, dynamic security controls that enforce least privilege access, identify potential threats and malicious user activities in real-time, minimize privilege abuse, and instantly invalidate access or trigger automated actions. Complying with the zero-trust security approach will be essential for privileged access management (PAM) solutions in the future, as it is gradually replacing traditional network-based perimeter protection models.

Middle East & Africa Privileged Access Management (PAM) Solutions Market Overview

The Middle East & Africa privileged access management (PAM) solutions market is segmented into Saudi Arabia, the UAE, South Africa, and the Rest of Middle East & Africa.

The region has experienced a rapid penetration of internet connectivity over the years. Government bodies are also constantly taking initiatives to promote the adoption of digital technologies across all industry verticals with the aim of increasing efficiency and effectively competing in the global market. For example, Saudi Arabia's Digital Government Authority (DGA) and Qatar Digital Government are the initiatives undertaken by the government to foster digitalization in the region.

Middle East & Africa Privileged Access Management (PAM) Solutions Market Revenue and Forecast to 2031 (US$ Million)

Middle East & Africa Privileged Access Management (PAM) Solutions Market Segmentation

The Middle East & Africa privileged access management (PAM) solutions market is categorized into offering, deployment, enterprise size, end-use industry, and country.

By offering, the Middle East & Africa privileged access management (PAM) solutions market is bifurcated into solutions and services. The solutions segment held a larger share of the Middle East & Africa privileged access management (PAM) solutions market share in 2023.

In terms of deployment, the Middle East & Africa privileged access management (PAM) solutions market is bifurcated into on-premise and cloud. The on-premise segment held a larger share of the Middle East & Africa privileged access management (PAM) solutions market share in 2023.

Based on enterprise size, the Middle East & Africa privileged access management (PAM) solutions market is bifurcated into large enterprises and SMEs. The large enterprises segment held a larger share of the Middle East & Africa privileged access management (PAM) solutions market share in 2023.

By end- use industry, the Middle East & Africa privileged access management (PAM) solutions market is BFSI, IT & telecom, healthcare, energy & utility, retail & e-commerce, manufacturing, government & defense, and others. The healthcare segment held the largest share of the Middle East & Africa privileged access management (PAM) solutions market share in 2023.

Based on country, the Middle East & Africa privileged access management (PAM) solutions market is segmented into South Africa, Saudi Arabia, the UAE, and the Rest of Middle East & Africa. Saudi Arabia segment held the largest share of Middle East & Africa privileged access management (PAM) solutions market in 2023.

BeyondTrust Corporation, Broadcom Inc, CyberArk Software Ltd., Delinea Inc, Fortinet Inc, International Business Machines Corp, Microsoft Corp, and Persistent Systems Ltd are some of the leading companies operating in the Middle East & Africa privileged access management (PAM) solutions market.

Product Code: BMIRE00031400

1. Introduction

1.1 The Insight Partners Research Report Guidance
1.2 Market Segmentation

2. Executive Summary

2.1 Key Insights
2.2 Market Attractiveness

3. Research Methodology

3.1 Secondary Research
3.2 Primary Research
- 3.2.1 Hypothesis formulation:
- 3.2.2 Macro-economic factor analysis:
- 3.2.3 Developing base number:
- 3.2.4 Data Triangulation:
- 3.2.5 Country level data:

4. Middle East & Africa Privileged Access Management (PAM) Solutions Market Landscape

4.1 Overview
4.2 Ecosystem Analysis
- 4.2.1 Software Providers
- 4.2.2 Regulatory Compliance and Certification Bodies
- 4.2.3 Service Providers and System Integrators
- 4.2.4 End Users
- 4.2.5 List of Vendors in Value Chain

5. Middle East & Africa Privileged Access Management (PAM) Solutions Market - Key Market Dynamics

5.1 Middle East & Africa Privileged Access Management (PAM) Solutions Market - Key Market Dynamics
5.2 Market Drivers
- 5.2.1 Increase in Number of Cyberattacks
- 5.2.2 Rise in Demand for Protection Against Insider Threats
- 5.2.3 Stringent Government Regulations
5.3 Market Restraints
- 5.3.1 High Cost of Implementation
5.4 Market Opportunities
- 5.4.1 Emergence of Intelligence-Based Privileged Access Management Solutions
5.5 Trends
- 5.5.1 Rise of Cloud-Based Privileged Access Management Solutions
- 5.5.2 Zero Trust Security Model
5.6 Impact of Drivers and Restraints:

6. Privileged Access Management (PAM) Solutions Market - Middle East & Africa Analysis

6.1 Middle East & Africa Privileged Access Management (PAM) Solutions Market Revenue (US$ Million), 2021-2031
6.2 Middle East & Africa Privileged Access Management (PAM) Solutions Market Forecast Analysis

7. Middle East & Africa Privileged Access Management (PAM) Solutions Market Analysis - by Offering

7.1 Solutions
- 7.1.1 Overview
- 7.1.2 Solutions: Middle East & Africa Privileged Access Management (PAM) Solutions Market - Revenue and Forecast to 2031 (US$ Million)
7.2 Services
- 7.2.1 Overview
- 7.2.2 Services: Middle East & Africa Privileged Access Management (PAM) Solutions Market - Revenue and Forecast to 2031 (US$ Million)

8. Middle East & Africa Privileged Access Management (PAM) Solutions Market Analysis - by Deployment

8.1 On Premise
- 8.1.1 Overview
- 8.1.2 On Premise: Middle East & Africa Privileged Access Management (PAM) Solutions Market - Revenue and Forecast to 2031 (US$ Million)
8.2 Cloud
- 8.2.1 Overview
- 8.2.2 Cloud: Middle East & Africa Privileged Access Management (PAM) Solutions Market - Revenue and Forecast to 2031 (US$ Million)

9. Middle East & Africa Privileged Access Management (PAM) Solutions Market Analysis - by Enterprise Size

9.1 Large Enterprises
- 9.1.1 Overview
- 9.1.2 Large Enterprises: Middle East & Africa Privileged Access Management (PAM) Solutions Market - Revenue and Forecast to 2031 (US$ Million)
9.2 SMEs
- 9.2.1 Overview
- 9.2.2 SMEs: Middle East & Africa Privileged Access Management (PAM) Solutions Market - Revenue and Forecast to 2031 (US$ Million)

10. Middle East & Africa Privileged Access Management (PAM) Solutions Market Analysis - by Industry Vertical

10.1 BFSI
- 10.1.1 Overview
- 10.1.2 BFSI: Middle East & Africa Privileged Access Management (PAM) Solutions Market - Revenue and Forecast to 2031 (US$ Million)
10.2 IT and Telecom
- 10.2.1 Overview
- 10.2.2 IT and Telecom: Middle East & Africa Privileged Access Management (PAM) Solutions Market - Revenue and Forecast to 2031 (US$ Million)
10.3 Healthcare
- 10.3.1 Overview
- 10.3.2 Healthcare: Middle East & Africa Privileged Access Management (PAM) Solutions Market - Revenue and Forecast to 2031 (US$ Million)
10.4 Energy and Utility
- 10.4.1 Overview
- 10.4.2 Energy and Utility: Middle East & Africa Privileged Access Management (PAM) Solutions Market - Revenue and Forecast to 2031 (US$ Million)
10.5 Retail and Ecommerce
- 10.5.1 Overview
- 10.5.2 Retail and Ecommerce: Middle East & Africa Privileged Access Management (PAM) Solutions Market - Revenue and Forecast to 2031 (US$ Million)
10.6 Manufacturing
- 10.6.1 Overview
- 10.6.2 Manufacturing: Middle East & Africa Privileged Access Management (PAM) Solutions Market - Revenue and Forecast to 2031 (US$ Million)
10.7 Government and Defense
- 10.7.1 Overview
- 10.7.2 Government and Defense: Middle East & Africa Privileged Access Management (PAM) Solutions Market - Revenue and Forecast to 2031 (US$ Million)
10.8 Others
- 10.8.1 Overview
- 10.8.2 Others: Middle East & Africa Privileged Access Management (PAM) Solutions Market - Revenue and Forecast to 2031 (US$ Million)

11. Middle East & Africa Privileged Access Management (PAM) Solutions Market - Country Analysis

11.1 Middle East & Africa
- 11.1.1 Middle East & Africa Privileged Access Management (PAM) Solutions Market Overview
- 11.1.2 Middle East & Africa Privileged Access Management (PAM) Solutions Market - Revenue and Forecast Analysis - by Country
  - 11.1.2.1 Middle East & Africa: Privileged Access Management (PAM) Solutions Market - Revenue and Forecast Analysis - by Country
  - 11.1.2.2 South Africa: Privileged Access Management (PAM) Solutions Market - Revenue and Forecast to 2031 (US$ Million)
    - 11.1.2.2.1 South Africa: Privileged Access Management (PAM) Solutions Market Breakdown, by Offering
    - 11.1.2.2.2 South Africa: Privileged Access Management (PAM) Solutions Market Breakdown, by Deployment
    - 11.1.2.2.3 South Africa: Privileged Access Management (PAM) Solutions Market Breakdown, by Enterprise Size
    - 11.1.2.2.4 South Africa: Privileged Access Management (PAM) Solutions Market Breakdown, by Industry Vertical
  - 11.1.2.3 Saudi Arabia: Privileged Access Management (PAM) Solutions Market - Revenue and Forecast to 2031 (US$ Million)
    - 11.1.2.3.1 Saudi Arabia: Privileged Access Management (PAM) Solutions Market Breakdown, by Offering
    - 11.1.2.3.2 Saudi Arabia: Privileged Access Management (PAM) Solutions Market Breakdown, by Deployment
    - 11.1.2.3.3 Saudi Arabia: Privileged Access Management (PAM) Solutions Market Breakdown, by Enterprise Size
    - 11.1.2.3.4 Saudi Arabia: Privileged Access Management (PAM) Solutions Market Breakdown, by Industry Vertical
  - 11.1.2.4 United Arab Emirates: Privileged Access Management (PAM) Solutions Market - Revenue and Forecast to 2031 (US$ Million)
    - 11.1.2.4.1 United Arab Emirates: Privileged Access Management (PAM) Solutions Market Breakdown, by Offering
    - 11.1.2.4.2 United Arab Emirates: Privileged Access Management (PAM) Solutions Market Breakdown, by Deployment
    - 11.1.2.4.3 United Arab Emirates: Privileged Access Management (PAM) Solutions Market Breakdown, by Enterprise Size
    - 11.1.2.4.4 United Arab Emirates: Privileged Access Management (PAM) Solutions Market Breakdown, by Industry Vertical
  - 11.1.2.5 Rest of Middle East & Africa: Privileged Access Management (PAM) Solutions Market - Revenue and Forecast to 2031 (US$ Million)
    - 11.1.2.5.1 Rest of Middle East & Africa: Privileged Access Management (PAM) Solutions Market Breakdown, by Offering
    - 11.1.2.5.2 Rest of Middle East & Africa: Privileged Access Management (PAM) Solutions Market Breakdown, by Deployment
    - 11.1.2.5.3 Rest of Middle East & Africa: Privileged Access Management (PAM) Solutions Market Breakdown, by Enterprise Size
    - 11.1.2.5.4 Rest of Middle East & Africa: Privileged Access Management (PAM) Solutions Market Breakdown, by Industry Vertical

12. Competitive Landscape

12.1 Heat Map Analysis by Key Players
12.2 Company Positioning & Concentration

13. Industry Landscape

13.1 Overview
13.2 Market Initiative
13.3 Product Development
13.4 Mergers & Acquisitions

14. Company Profiles

14.1 Broadcom Inc
- 14.1.1 Key Facts
- 14.1.2 Business Description
- 14.1.3 Products and Services
- 14.1.4 Financial Overview
- 14.1.5 SWOT Analysis
- 14.1.6 Key Developments
14.2 CyberArk Software Ltd.
- 14.2.1 Key Facts
- 14.2.2 Business Description
- 14.2.3 Products and Services
- 14.2.4 Financial Overview
- 14.2.5 SWOT Analysis
- 14.2.6 Key Developments
14.3 International Business Machines Corp
- 14.3.1 Key Facts
- 14.3.2 Business Description
- 14.3.3 Products and Services
- 14.3.4 Financial Overview
- 14.3.5 SWOT Analysis
- 14.3.6 Key Developments
14.4 Delinea Inc
- 14.4.1 Key Facts
- 14.4.2 Business Description
- 14.4.3 Products and Services
- 14.4.4 Financial Overview
- 14.4.5 SWOT Analysis
- 14.4.6 Key Developments
14.5 BeyondTrust Corporation
- 14.5.1 Key Facts
- 14.5.2 Business Description
- 14.5.3 Products and Services
- 14.5.4 Financial Overview
- 14.5.5 SWOT Analysis
- 14.5.6 Key Developments
14.6 Microsoft Corp
- 14.6.1 Key Facts
- 14.6.2 Business Description
- 14.6.3 Products and Services
- 14.6.4 Financial Overview
- 14.6.5 SWOT Analysis
- 14.6.6 Key Developments
14.7 Fortinet Inc
- 14.7.1 Key Facts
- 14.7.2 Business Description
- 14.7.3 Products and Services
- 14.7.4 Financial Overview
- 14.7.5 SWOT Analysis
- 14.7.6 Key Developments
14.8 Persistent Systems Ltd
- 14.8.1 Key Facts
- 14.8.2 Business Description
- 14.8.3 Products and Services
- 14.8.4 Financial Overview
- 14.8.5 SWOT Analysis
- 14.8.6 Key Developments

15. Appendix

15.1 Word Index
15.2 About The Insight Partners