Middle East & Africa It & Telecom Cyber Security Market Size & Outlook

The it & telecom cyber security market in Middle East & Africa is expected to reach a projected revenue of US$ 2,946.3 million by 2030. A compound annual growth rate of 15.3% is expected of Middle East & Africa it & telecom cyber security market from 2025 to 2030.
Revenue, 2024 (US$M)
$1,274.4
Forecast, 2030 (US$M)
$2,946.3
CAGR, 2025 - 2030
15.3%
Report Coverage
Middle East & Africa

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Middle East & Africa it & telecom cyber security market, 2018-2030 (US$M)

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MEA it & telecom cyber security market highlights

  • The MEA it & telecom cyber security market generated a revenue of USD 1,274.4 million in 2024.
  • The market is expected to grow at a CAGR of 15.3% from 2025 to 2030.
  • In terms of segment, hardware was the largest revenue generating component in 2024.
  • Services is the most lucrative component segment registering the fastest growth during the forecast period.
  • Country-wise, Saudi Arabia is expected to register the highest CAGR from 2025 to 2030.


MEA data book summary

Market revenue in 2024USD 1,274.4 million
Market revenue in 2030USD 2,946.3 million
Growth rate15.3% (CAGR from 2025 to 2030)
Largest segmentHardware
Fastest growing segmentServices
Historical data covered2018 - 2023
Base year for estimation2024
Forecast period covered2025 - 2030
Quantitative unitsRevenue in USD million
Market segmentationHardware, Software, Services
Key market players worldwideCisco Systems Inc, Palo Alto Networks Inc, Intel Corp, Broadcom Inc, CrowdStrike Holdings Inc Class A, Check Point Software Technologies Ltd, Kaspersky Lab, International Business Machines Corp, McAfee, Microsoft Corp


Other key industry trends

  • In terms of revenue, MEA region accounted for 3.6% of the global it & telecom cyber security market in 2024.
  • Globally, North America is projected to lead the regional market in terms of revenue in 2030.
  • Asia Pacific is the fastest growing regional market and is projected to reach USD 23,086.6 million by 2030.

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IT & Telecom Cyber Security Market Companies

Name Profile # Employees HQ Website
McAfee View profile 5001-10000 Santa Clara, California, United States, North America http://www.mcafee.com
Kaspersky Lab View profile 1001-5000 Moscow, Moscow City, Russian Federation, Europe http://www.kaspersky.com
Palo Alto Networks Inc View profile 15166 3000 Tannery Way, Santa Clara, CA, United States, 95054 https://www.paloaltonetworks.com
CrowdStrike Holdings Inc Class A View profile 7925 206 East 9th Street, Suite 1400, Austin, TX, United States, 78701 https://www.crowdstrike.com
Check Point Software Technologies Ltd View profile 6450 5 Shlomo Kaplan Street, Tel Aviv, Israel, 6789159 https://www.checkpoint.com
Cisco Systems Inc View profile 84900 170 West Tasman Drive, San Jose, CA, United States, 95134-1706 https://www.cisco.com
Broadcom Inc View profile 20000 3421 Hillview Avenue, Palo Alto, CA, United States, 94304 https://www.broadcom.com
Microsoft Corp View profile 221000 One Microsoft Way, Redmond, WA, United States, 98052-6399 https://www.microsoft.com
International Business Machines Corp View profile 282200 One New Orchard Road, Armonk, NY, United States, 10504 http://www.ibm.com
Intel Corp View profile 124800 2200 Mission College Boulevard, Santa Clara, CA, United States, 95054-1549 https://www.intel.com

Middle East & Africa it & telecom cyber security market outlook

The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to it & telecom cyber security market will help companies and investors design strategic landscapes.


Hardware was the largest segment with a revenue share of 70.72% in 2024. Horizon Databook has segmented the Middle East & Africa it & telecom cyber security market based on hardware, software, services covering the revenue growth of each sub-segment from 2018 to 2030.


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  • Our clientele includes a mix of it & telecom cyber security market companies, investment firms, advisory firms & academic institutions.
  • 30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
  • Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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Horizon Databook provides a detailed overview of continent-level data and insights on the Middle East & Africa it & telecom cyber security market , including forecasts for subscribers. This continent databook contains high-level insights into Middle East & Africa it & telecom cyber security market from 2018 to 2030, including revenue numbers, major trends, and company profiles.

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MEA it & telecom cyber security market size, by country, 2018-2030 (US$M)

Middle East & Africa IT & Telecom Cyber Security Market Outlook Share, 2024 & 2030 (US$M)

MEA it & telecom cyber security market size, by country, 2018-2030 (US$M)

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