Market Insights Technology Cybersecurity Cyber Solutions

Network Security - Qatar

Qatar

The Network Security market in Qatar is expected to witness substantial growth in the coming years.
According to projections, the revenue in this market is projected to reach €10.67m Qatari Riyals by 2025.
Furthermore, the market is expected to exhibit an annual growth rate (CAGR 2025-2029) of 10.62%, resulting in a market volume of €15.98m Qatari Riyals by 2029.
One key metric to consider is the average Spend per Employee in the Network Security market, which is estimated to reach €5.07 Qatari Riyals in 2025.
This indicates the level of investment and resources allocated to network security measures by companies operating in Qatar.
In global comparison, it is noteworthy to mention that United States is expected to generate the highest revenue in the Network Security market, reaching a staggering €10,970.0m Qatari Riyals by 2025.
This highlights the dominance of the US market in terms of revenue generation within the network security industry.
These figures demonstrate the significant growth potential and importance of the Network Security market in Qatar, as well as the global landscape.
Qatar's network security market is thriving due to increased government investments in cybersecurity infrastructure.

Key regions: United States, Germany, Saudi Arabia, Brazil, Chile

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Comparaison de régions

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Methodology

Data coverage:

Data encompasses B2C, B2B and B2G enterprises. Figures are based on security spending excluding VAT and the number of cyberattacks.

Modeling approach / Market size:

Market sizes are determined by a combined top-down and bottom-up approach, based on a specific rationale for each market segment. As a basis for evaluating markets, we use annual financial statements of the market-leading companies and industry associations, national statistical offices, and specific countries’ security organizations (e.g., German Cyber Security Council, Canadian Centre for Cyber Security). Furthermore, we use relevant key market indicators and data from country-specific associations, such as GDP and internet penetration. This data helps us to estimate the market size for each country individually.

Forecasts:

In our forecasts, we apply diverse forecasting techniques. The selection of forecasting techniques is based on the behavior of the particular market. Possible techniques are, for example, exponential trend smoothing and the autoregressive integrated moving average (ARIMA) forecasting algorithm. The main drivers are GDP, internet users, level of digitization, and consumer attitude towards data and IT security.

Additional notes:

Data is modeled using current exchange rates. The market is updated twice per year in case market dynamics change. The impact of the COVID-19 pandemic is considered at a country-specific level.