Press Release

Increasing Cloud-Based Deployment Among SMEs is Anticipated to Boost the Oman Managed Security market

The Oman Managed Security market is anticipated to grow at a rapid rate in the forecasted period. The growth of the market is attributed to propelling the number of malicious threats, increasing cloud-based deployment among SMEs due to lower upfront cost along with growing trend of mobility, and bring-your-own-device (BYOD). Besides this, augmenting demand for advanced threat protection due to proliferating cyber-attacks and surging investment in ICT are strongly contributing to the growth of the market in the forecast period.

According to MarkNtel Advisors’ research report “Oman Managed Security Market Analysis, 2021”, the Oman Managed Security market is anticipated to grow at a considerable CAGR during 2021-26. Based on Type, the End-Point security segment is gaining pace at a robust rate. The significant rise in the use of cloud technology, burgeoning instances of security breaches and snowballing integration technologies such as robotics has surged the demand for end-point security.

“Oman Managed Security Market Analysis, 2021” provides comprehensive qualitative and quantitative insights on the industry potential, key factors impacting sales and purchase decisions, hotspots, and opportunities available for Managed Security providers across the country. Moreover, the report also encompasses the key strategic imperatives for success for competitors along with strategic factorial indexing measuring competitor's capabilities on 16 parameters. This will help companies in the formulation of Go to Market Strategies and identifying the blue ocean for its offerings.     

Cloud Deployment Acquired Significant Market Share

Based on Deployment Model, Cloud segment acquired the considerable market share in the Oman Managed Security market in 2019. The paradigm shifts of the SMEs towards cloud for online storage, system optimization and introduction of launch of security-as-a-service based solution offerings for small and medium enterprises are escalating the growth of Oman Managed Security market in the forthcoming period as stated in MarkNtel Advisors’ research report “Oman Managed Security Market Analysis, 2021”. 

According to MarkNtel Advisors’, the key players with a considerable market share in the Oman Managed Security market are BT Group, CloudAcropolis, Mazoon, Fortinet, Wipro, Secureworks, IBM, Cisco, Paladion Network, Intel etc.

  Market Segmentation:

1. By Type (Distributed Denial of Service Mitigation (DDoS), Intrusion Detection & Prevention System, Endpoint Security, Firewall Management, Risk and Compliance Management, Vulnerability Management, Security Information and Event Management (SIEM), Unified Threat Management, Others)
2. By Enterprise Size (Small & Medium size Enterprises, Large Enterprises),
3. By Deployment Model (On-Premises, Cloud),
4. By End-User (Government, BFSI, Healthcare, Manufacturing, Retail, Telecom & IT, Oil & Gas, Others (Hospitality, etc.)),
5. By Service Provider (IT Service Providers, Managed Security Specialist, Telecom Service Provider),
6. By Company (BT Group, CloudAcropolis, Mazoon, Fortinet, Wipro, Secureworks, IBM, Cisco, Paladion Network, Intel etc.)

Key questions answered in the study:

1. What are the current and future trends of the Managed Security industry?
2. How the industry has been evolving in terms of end-user demand and application areas?
3. How the competition has been shaping across the countries followed by their comparative factorial indexing?
4. What are the key growth drivers and challenges for the Managed Security industry?
5. What is the customer orientation, purchase behavior, and expectations from the Managed Security firms across various regions?