GCC Ransomware Protection Market Research Report: Forecast (2023-2028)

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Emerging Trends and Forecast 2028 A
Comprehensive Analysis of GCC Ransomware
Protection Market Dynamics
The GCC Ransomware Protection market is projected
to grow at a CAGR of around 8.23 during the
forecast period, i.e., 2023-28.
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Market Insights

• The GCC Ransomware Protection market is projected
  to grow at a CAGR of around 8.23 during the
  forecast period, i.e., 2023-28. The rising
  incidents of ransomware attacks since the
  historical period have increased privacy
  security issues for the companies in the region.
  Cybercriminals targeted organizations across
  various industries, including finance, energy,
  healthcare, and government with sophisticated
  ransomware attacks. In 2021, several companies in
  the UAE paid nearly USD1.4 million to regain
  access to leaked data systems.
• Moreover, awareness regarding the adoption of
  cybersecurity has been observed in the Gulf
  Cooperation Council (GCC) region. Organizations
  have come to a realization of the imperativeness
  to safeguard their critical data IT
  infrastructure against the looming threat of
  ransomware attacks. As a result, the demand for
  cutting-edge ransomware protection solutions,
  including advanced anti-malware software, robust
  network security solutions, and robust data
  backup recovery solutions, has witnessed a
  remarkable surge.

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GCC Ransomware Protection Market Leading key
players

• Acronis International GmbH
• Help AG
• Spire Solutions
• Trend Micro Incorporated
• Fortinet, Inc.
• AO Kaspersky Lab
• Sophos Ltd.
• McAfee, LLC
• Check Point Software Technologies Ltd.
• Palo Alto Networks
• Others

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GCC Ransomware Protection Market Segmentation
Analysis

• By Component (Solution, Services),
• By Deployment Mode (On-premise, Cloud),
• By Organization Size (Small Medium Enterprises,
  Large Enterprises),
• By Application (Network Protection, Endpoint
  Protection, Email Protection, Database
  Protection, Web Protection),
• By Industry (Government Defence, BFSI, IT
  Telecom, Healthcare Life Sciences, Education,
  Energy Utilities, Retail, Others),
• By Country (Saudi Arabia, The UAE, Qatar,
  Kuwait, Bahrain, Oman)

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