Press Release

Saudi Arabia Cyber Security Market to Touch USD 6.02 Billion Mark by 2030 Due to Increasing Digital Transformation Initiatives

The Saudi Arabia Cyber Security Market size was valued at around USD 3.4 Billion in 2024 and is projected to reach USD 6.02 Billion by 2030. Along with this, the market is estimated to grow at a CAGR of around 10% during the forecast period, i.e., 2025-30, cites MarkNtel Advisors in their recent research report. The implementation of digital transformation through Vision 2030 in Saudi Arabia would be the main driver of growth in the cybersecurity market in the country. As per this plan, public services throughout the nation will be modernized and diversify the economy with the incorporation of cutting-edge digital technologies in various sectors such as; education, finance, health care, and energy. Cyberattacks on governmental departments and critical infrastructure have maximized the cybersecurity market in Saudi Arabia rapidly. The need for advanced security is urgent, most records show that there have been over 110 million cyberattacks on several industries in Saudi Arabia.

But, one of the most difficult things facing Saudi Arabia is the rapid evolution of cyber threats and attack methodologies. The nation has always been targeted by high-level cyber-attacks, specifically targeting critical infrastructure and state institutions. Therefore, modern AI-powered cybersecurity solutions are becoming indispensable resources for responding promptly to these advanced threats since they allow prompt incident response and predictive threat analysis. Moreover, with the increased adoption of the cloud within the Vision 2030 initiative, there is a renewed focus on cloud security in Saudi Arabia. With more companies shifting workloads to the cloud, those organizations need a solid security solution for it.

Furthermore, corporations in Saudi Arabia are utilizing ZTA integration to improve cybersecurity systems against threats. Unlike typical perimeter-based security models, ZTA considers every part of a network internal or outside to be less than entirely trusted. Collectively, these combine efforts to realize a strong ecosystem of cybersecurity, capable of withstanding the evolving threats, further states the research report, “Saudi Arabia Cyber Security Market Analysis, 2025”.

Saudi Arabia Cyber Security Market Segmentation Analysis

Network Security Holds the Largest Market Share

Based on the security type, the market is further bifurcated into, Network Security, Endpoint & IoT Security, Cloud Security, and Application Security. Network security accounts for about 35% of the Saudi Arabian cybersecurity industry. The Kingdom emphasizes protecting crucial infrastructure and sensitive areas such as government finance and energy from increasing threats emerging from cyberspace. Due to the swift growth of digital transformation efforts within Vision 2030, which has resulted in a surge of connected devices and IoT ecosystems, the demand for strong network security solutions has never been higher. Advanced firewalls and intrusion detection systems, along with next-generation threat intelligence platforms, are often employed to protect network boundaries and block unauthorized entry.

Partnerships with international cybersecurity companies are also helping the industry by enabling the adoption of cutting-edge solutions customized for the specific needs of the Kingdom.

On-premises is the Most Preferred Deployment Mode

The most widely used deployment mode in the Saudi Arabian cyber security market with roughly 40% market share is on-premises. This preference stems from the stringent security and data sovereignty laws in critical sectors where data protection and control are essential such as banking energy and government. To lower the risks associated with cloud vulnerabilities and third-party access businesses in Saudi Arabia particularly those in industries that handle sensitive data place a high premium on on-premises solutions. These systems allow for greater control over security protocols data access and storage. The Kingdom's regulatory framework, comprising the National Cybersecurity Authority's guidelines for secure data management and the Personal Data Protection Law, facilitates further on-premises installations. Although cloud computing is becoming more prevalent, on-premises solutions still maintain their popularity as they satisfy the region’s strict operational and compliance requirements.

Competitive Landscape

With strategic initiatives such as mergers, collaborations, and acquisitions, the leading market companies, including Checkpoint Security, Trend Micro, Palo Alto Networks, Fortinet, Cisco Systems, Inc., IBM Corporation, Taqnia Cyber, Saudi Bell Group Company, Alareeb ICT, and others are looking forward to strengthening their market positions.

Key Questions Answered in the Research Report

1. What are the industry’s overall statistics or estimates (Overview, Size- By Value, Forecast Numbers, Segmentation, Shares)?
2. What are the trends influencing the current scenario of the market?
3. What key factors would propel and impede the industry across the country?
4. How has the industry been evolving in terms of geography & solution adoption?
5. How has the competition been shaping across various countries?
6. How have buying behavior, customer inclination, and expectations from product manufacturers been evolving during 2020-30?
7. Who are the key competitors, and what strategic partnerships or ventures are they coming up with to stay afloat during the projected time frame?