Middle East & Africa Extended Detection and Response Market Forecast to 2031 - Regional Analysis - by Component, Deployment, Enterprise Size, and End User

Description

List of Tables

The Middle East & Africa extended detection and response market was valued at US$ 81.75 million in 2023 and is expected to reach US$ 342.93 million by 2031; it is estimated to record a CAGR of 19.6% from 2023 to 2031.

Integration with Advanced Technologies such as Machine Learning and Artificial Intelligence Bolsters Middle East & Africa Extended Detection and Response Market

Cybersecurity is undergoing a revolution with technologies such as artificial intelligence (AI) and machine learning (ML). AI and ML can significantly enhance threat detection and response by analyzing large amounts of data at high speed and identifying patterns and anomalies that may indicate a cyber threat. These technologies enable predictive analytics, allowing security teams to anticipate and mitigate potential threats before they materialize. As AI and ML algorithms become more sophisticated, XDR solutions will offer even greater accuracy and efficiency in detecting and responding to complex cyber threats. In addition, organizations worldwide are increasingly launching AI-driven extended detection and response solutions in order to remain in the competition. For instance, in March 2024, HiddenLayer announced the launch of AI Detection & Response for Generative AI. HiddenLayer's AI Detection & Response for Generative AI provides a set of security controls that enable real-time monitoring, detection, and response to threats specific to LLMs. Similarly, in March 2024, Trellix announced the launch of Trellix Wise, a powerful suite of traditional and Generative Artificial Intelligence (GenAI) tools to reduce cyber risk drastically. Trellix Wise extends across the Trellix XDR Platform to discover and neutralize threats more efficiently while lowering security operations costs. The AI-driven platform automates workflows, delivering increased analyst efficiencies and improved threat prevention, detection, investigation, and remediation.

Thus, AI and ML have become disruptive technologies in the extended detection and response market, improving cybersecurity, threat detection, and response capabilities. As the threat landscape changes, the use of AI and ML in XDR is expected to grow in the coming years.

Middle East & Africa Extended Detection and Response Market Overview

In March 2024, the UAE Cyber Security Council and CPX Holding, a leading provider of digital-first cybersecurity solutions and services, announced the release of the State of the UAE - Cybersecurity Report 2024. The report proposes an in-depth analysis of the cyber threat scenarios faced by people and businesses in the UAE, highlighting the critical need for advanced cybersecurity measures in response to the growing complexity and sophistication of these attacks. Thus, the need for security measures to prevent cyberattacks fuels the adoption of extended detection and response solutions in the country. Many market players are committed to the UAE Cyber Security Vision. In April 2024, Trend Micro, an extended detection and response solution provider, announced its commitment to the UAE's cyber security vision to strengthen action against digital crime for the next 50 years.

Middle East & Africa Extended Detection and Response Market Revenue and Forecast to 2031 (US$ Million)

Middle East & Africa Extended Detection and Response Market Segmentation

The Middle East & Africa extended detection and response market is segmented based on component, deployment, enterprise size, end user, and country. Based on component, the Middle East & Africa extended detection and response market is bifurcated into software and services. The software segment held a larger market share in 2023.

In terms of deployment, the Middle East & Africa extended detection and response market is bifurcated into cloud and on-premises. The cloud segment held a larger market share in 2023.

Based on enterprise size, the Middle East & Africa extended detection and response market is bifurcated into large enterprises and SMEs. The large enterprises segment held a larger market share in 2023.

By end user, the Middle East & Africa extended detection and response market is categorized into IT & Telecom, BFSI, healthcare, retail and Ecommerce, manufacturing, and others. The IT & Telecom segment held the largest market share in 2023.

Based on country, the Middle East & Africa extended detection and response market is segmented into the UAE, South Africa, Saudi Arabia, and the Rest of Middle East & Africa. The UAE dominated the Middle East & Africa extended detection and response market share in 2023.

Broadcom Inc, Palo Alto Networks Inc, Microsoft Corp, Sophos Ltd, Cisco Systems Inc, International Business Machines Corp, Check Point Software Technologies Ltd, Fortinet Inc, and Cybereason Inc are some of the leading players operating in the Middle East & Africa extended detection and response market.

Product Code: BMIRE00031550

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. Extended Detection and Response Market Landscape

4.1 Overview
4.2 PEST Analysis
4.3 Ecosystem Analysis
- 4.3.1 Software Providers:
- 4.3.2 Regulatory Compliance and Certification Bodies:
- 4.3.3 Service Providers and System Integrators:
- 4.3.4 End Users:
- 4.3.5 List of Vendors in Value Chain

5. Middle East & Africa Extended Detection and Response Market - Key Market Dynamics

5.1 Extended Detection and Response Market - Key Market Dynamics
5.2 Market Drivers
- 5.2.1 Increasing Number of Cyberattacks
- 5.2.2 Growing Need to Shift from Endpoint Detection and Response to Extended Detection and Response
- 5.2.3 Increasing Complexity of Business Processes
5.3 Market Restraints
- 5.3.1 Integration and Interoperability Issues
5.4 Market Opportunities
- 5.4.1 Increasing Adoption of Managed XDR
5.5 Trends
- 5.5.1 Integration with Advanced Technologies such as Machine Learning and Artificial Intelligence
5.6 Impact of Drivers and Restraints:

6. Extended Detection and Response Market - Middle East & Africa Market Analysis

6.1 Middle East & Africa Extended Detection and Response Market Overview
6.2 Extended Detection and Response Market Revenue (US$ Million), 2021-2031
6.3 Extended Detection and Response Market Forecast Analysis

7. Middle East & Africa Extended Detection and Response Market Analysis - by Component

7.1 Software
- 7.1.1 Overview
- 7.1.2 Software: Extended Detection and Response Market - Revenue and Forecast to 2031 (US$ Million)
7.2 Services
- 7.2.1 Overview
- 7.2.2 Services: Extended Detection and Response Market - Revenue and Forecast to 2031 (US$ Million)

8. Middle East & Africa Extended Detection and Response Market Analysis - by Deployment

8.1 Cloud
- 8.1.1 Overview
- 8.1.2 Cloud: Extended Detection and Response Market - Revenue and Forecast to 2031 (US$ Million)
8.2 On-Premises
- 8.2.1 Overview
- 8.2.2 On-Premises: Extended Detection and Response Market - Revenue and Forecast to 2031 (US$ Million)

9. Middle East & Africa Extended Detection and Response Market Analysis - by Enterprise Size

9.1 Large Enterprises
- 9.1.1 Overview
- 9.1.2 Large Enterprises: Extended Detection and Response Market - Revenue and Forecast to 2031 (US$ Million)
9.2 SMEs
- 9.2.1 Overview
- 9.2.2 SMEs: Extended Detection and Response Market - Revenue and Forecast to 2031 (US$ Million)

10. Middle East & Africa Extended Detection and Response Market Analysis - by End User

10.1 IT and Telecom
- 10.1.1 Overview
- 10.1.2 IT and Telecom: Extended Detection and Response Market - Revenue and Forecast to 2031 (US$ Million)
10.2 BFSI
- 10.2.1 Overview
- 10.2.2 BFSI: Extended Detection and Response Market - Revenue and Forecast to 2031 (US$ Million)
10.3 Healthcare
- 10.3.1 Overview
- 10.3.2 Healthcare: Extended Detection and Response Market - Revenue and Forecast to 2031 (US$ Million)
10.4 Manufacturing
- 10.4.1 Overview
- 10.4.2 Manufacturing: Extended Detection and Response Market - Revenue and Forecast to 2031 (US$ Million)
10.5 Retail and Ecommerce
- 10.5.1 Overview
- 10.5.2 Retail and Ecommerce: Extended Detection and Response Market - Revenue and Forecast to 2031 (US$ Million)
10.6 Others
- 10.6.1 Overview
- 10.6.2 Others: Extended Detection and Response Market - Revenue and Forecast to 2031 (US$ Million)

11. Middle East & Africa Extended Detection and Response Market - Country Analysis

11.1 Middle East & Africa
- 11.1.1 Middle East and Africa: Extended Detection and Response Market - Revenue and Forecast Analysis - by Country
  - 11.1.1.1 Middle East and Africa: Extended Detection and Response Market - Revenue and Forecast Analysis - by Country
  - 11.1.1.2 United Arab Emirates: Extended Detection and Response Market - Revenue and Forecast to 2031 (US$ Million)
    - 11.1.1.2.1 United Arab Emirates: Extended Detection and Response Market Breakdown, by Component
    - 11.1.1.2.2 United Arab Emirates: Extended Detection and Response Market Breakdown, by Deployment
    - 11.1.1.2.3 United Arab Emirates: Extended Detection and Response Market Breakdown, by Enterprise Size
    - 11.1.1.2.4 United Arab Emirates: Extended Detection and Response Market Breakdown, by End User
  - 11.1.1.3 Saudi Arabia: Extended Detection and Response Market - Revenue and Forecast to 2031 (US$ Million)
    - 11.1.1.3.1 Saudi Arabia: Extended Detection and Response Market Breakdown, by Component
    - 11.1.1.3.2 Saudi Arabia: Extended Detection and Response Market Breakdown, by Deployment
    - 11.1.1.3.3 Saudi Arabia: Extended Detection and Response Market Breakdown, by Enterprise Size
    - 11.1.1.3.4 Saudi Arabia: Extended Detection and Response Market Breakdown, by End User
  - 11.1.1.4 South Africa: Extended Detection and Response Market - Revenue and Forecast to 2031 (US$ Million)
    - 11.1.1.4.1 South Africa: Extended Detection and Response Market Breakdown, by Component
    - 11.1.1.4.2 South Africa: Extended Detection and Response Market Breakdown, by Deployment
    - 11.1.1.4.3 South Africa: Extended Detection and Response Market Breakdown, by Enterprise Size
    - 11.1.1.4.4 South Africa: Extended Detection and Response Market Breakdown, by End User
  - 11.1.1.5 Rest of Middle East and Africa: Extended Detection and Response Market - Revenue and Forecast to 2031 (US$ Million)
    - 11.1.1.5.1 Rest of Middle East and Africa: Extended Detection and Response Market Breakdown, by Component
    - 11.1.1.5.2 Rest of Middle East and Africa: Extended Detection and Response Market Breakdown, by Deployment
    - 11.1.1.5.3 Rest of Middle East and Africa: Extended Detection and Response Market Breakdown, by Enterprise Size
    - 11.1.1.5.4 Rest of Middle East and Africa: Extended Detection and Response Market Breakdown, by End User

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 Merger and Acquisition
13.4 Product Development

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 Palo Alto Networks Inc
- 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 Microsoft 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 Sophos Ltd.
- 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 Cisco Systems Inc
- 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 International Business Machines 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 Check Point Software Technologies Ltd
- 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 Fortinet Inc
- 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
14.9 Cybereason Inc
- 14.9.1 Key Facts
- 14.9.2 Business Description
- 14.9.3 Products and Services
- 14.9.4 Financial Overview
- 14.9.5 SWOT Analysis
- 14.9.6 Key Developments

15. Appendix

15.1 Word Index
15.2 About The Insight Partners