UAE Cyber Security Market Outlook Report - Market Size, Share Analysis and Forecast (2026-2035)

UAE Cyber Security Market Growth

Between 2021 and 2023, nearly 73% of all organisations in the UAE were targeted by ransomware attacks, which is substantially higher than the global average of 65%. This has prompted a one-third increase in budgetary allocations for data security among organisations. In 2021, insurance and financial organisations accounted for nearly 48% of all cyberattacks in the Middle East. This is expected to prompt increasing investments in AI tools to further strengthen cybersecurity measures in the country, thereby leading to the market expansion.

The government of UAE imposes strict penalties on cybercrime offenders. An individual who hacks a government website can potentially undergo up to 7 years of jail sentence and can be fined Dh250,000-Dh1.5 million. For hacking non-government websites, cybercriminals are fined Dh150,000-Dh500,000 and can potentially be imprisoned for nearly 6 months. Strict legal regulations surrounding cybersecurity have played a critical role in deterring hackers and have facilitated the widespread adoption of cybersecurity solutions.

In the Global Cybersecurity Index 2020, the UAE was ranked in fifth position by the International Telecommunications Union due to its strategic commitment to ensuring cybersecurity through cooperation and capacity building. It has also taken numerous technical and organisational measures to support the creation of a safe cyberspace for businesses and consumers.

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If you choose to purchase the full report at a later stage, the amount already paid will be adjusted, and you will only need to pay the remaining balance.

Key Trends and Developments

UAE Cyber Security Market Trends

In March 2024, the UAE Cybersecurity Council launched an awareness campaign targeting citizens, government entities, and private institutions, The National Campaign for Cybersecurity. The campaign covers various aspects of cybersecurity and aims to enhance public awareness regarding various ways to protect from cyber threats such as fraud attacks and phishing.

The adoption of advanced cybersecurity tools deploying machine learning and artificial intelligence is significantly increasing as they offer real-time responsiveness, enable faster threat detection and response, improve the accuracy of potential vulnerabilities, and provide enhanced cost savings and scalability. Besides, such tools automatically identify new and emerging threats and analyse behavioural patterns to detect and block sophisticated cyberattacks.

UAE Cyber Security Industry Segmentation

UAE Cyber Security Market Share

Based on industry vertical, the market is segmented into BFSI, government, healthcare and life sciences, aerospace and defence, and manufacturing, among others. Over the forecast period of 2026-2035, the BFSI sector is estimated to grow at a CAGR of 17.8%, as the rising incidence of cyber fraud necessitates the need for secure money transfer tools.

Leading Companies in the UAE Cyber Security Market

Though the incidence of ransomware attacks has declined significantly in the UAE, the demand for payouts is reaching multiple digits, ranging between $500,000 to $1,000,000. This is expected to bolster the demand for advanced cybersecurity solutions over the forecast period.

• IBM Corporation
• Cisco Systems Inc.
• Microsoft Corp.
• Oracle Corporation
• Fortinet Inc.
• Dell Inc.
• Rapid7 Inc.
• Juniper Networks, Inc.
• Trend Micro Inc.
• Palo Alto Networks Inc.
• Others

The comprehensive report looks into the macro and micro aspects of the market. The EMR report gives an in-depth insight into the market by providing a SWOT analysis as well as an analysis of Porter’s Five Forces model.