Kuwait Managed Security Market Size, Share, Trend, and Opportunity, Analysis by Forecast 2027

This comprehensive Kuwait Managed Security Market report by “MarkNtel Advisors: Leading Market research Company” offers valuable insights into the current and future market landscape, providing clarity on potential challenges and strategies for optimal brand positioning. It features detailed market segmentation, in-depth analysis of key market players, emerging trends in consumer behavior and supply chain dynamics, and opportunities in new geographical markets. With the insights from this report, you can manage your marketing strategies for goods and services more effectively.

“According to recent market analysis report, the Kuwait Managed Security Market is expected to grow at a CAGR of 3.0% during the forecast period of 2022 to 2027.”

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Driving Force Behind the Growth of the Kuwait Managed Security Market through 2027

Mounting Incidence of Cyber-Attacks in Kuwait – One of the major drivers of managed security market growth is the significant rise in the number of cyber-attacks. In fact, during the COVID-19 pandemic, Kuwait experienced more than 1000 cyberattacks during the first half of 2020 alone, including spam attacks, breaches of corporate email addresses, malware, ransomware, and malicious domains. The market expansion can be attributed to a sudden shift in enterprise preference for the integration of advanced technologies such as cloud and IoT, the implementation of a cybersecurity framework to improve the banking sector’s resilience to cyberattacks, as well as increased spending on IT infrastructure development.

Market Segment Highlights:

By Type

• Security Software
  • Firewalls
  • Data Security
  • E-mail security
  • End point protection
  • Identity Access Management
  • Web Proxi
  • Cloud Access Security Brokers (CASB)
  • Security Information and Event Management (SIEM)
  • Threat Management
  • Threat Intelligence/Visibility
  • Integrated Risk Management Solutions
  • Security Vulnerability Scanning
• Security Hardware
  • Firewalls
  • Network Access Control
• Security Managed Services
  • Firewalls
  • End point protection
  • Identity Access Management
  • Security Information and Event Management (SIEM)
  • Threat Management
  • Threat Intelligence/Visibility
  • Security Vulnerability Scanning

By Enterprise Size

• Small & Medium size Enterprises
• Large Enterprises

By Deployment Model

• On-Premises
• Cloud

Here, Cloud-Managed Security Services holds the largest share of the Kuwait Managed Security Market. Such dominance can be attributed to its broad utility in terms of low cost, comprehensive access, pay-per-use model, and improved performance, and perhaps it is why cloud services are demonstrating massive adoption across the nation.

By End User

• Government
• BFSI
• Healthcare
• Manufacturing
• Retail
• Telecom & IT
• Oil & Gas
• Others (Hospitality, etc.)

By Service Provider

• IT Service Providers
• Managed Security Specialist
• Telecom Service Provider

Explore the Full Report with Charts, Table of Contents, and List of Figures – https://www.marknteladvisors.com/research-library/kuwait-managed-security-market.html

Kuwait Managed Security Market Competition Analysis:

Some of the top Managed Security companies operating in the Kuwait market are BT Group, Algosec, InfoPercept, Fortinet, Wipro, Secureworks, IBM, Cisco, Paladion Networks, Intel, Others.

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