Middle East cybersecurity market to reach $29.39B

By Editorial October 28, 2026

Middle East cybersecurity market growth from $18.56 billion in 2026 to $29.39 billion in 2031

The Middle East cybersecurity market is projected to reach $29.39 billion by 2031. Growth is driven by digital transformation, infrastructure security requirements and increasing cyber threats.

According to MarketsandMarkets’ Middle East Cybersecurity Market report, the market will grow from $18.56 billion in 2026. The forecast represents a compound annual growth rate of 9.6% through 2031.

GCC accounts for nearly 60% of the market

Gulf Cooperation Council (GCC) countries are expected to account for 59.9% of regional cybersecurity spending in 2026. The report identifies government-led digital transformation, smart infrastructure investments and regulatory requirements as major growth drivers.

Meanwhile, the UAE and Saudi Arabia are expanding cybersecurity initiatives to protect government systems, businesses and critical infrastructure. Energy facilities, including oil and gas infrastructure, face growing cybersecurity concerns. Consequently, organizations are investing in threat intelligence, network protection and cyber resilience.

Middle East cybersecurity market forecast showing growth from $18.56 billion in 2026 to $29.39 billion by 2031, with a 9.6% CAGR

The Middle East cybersecurity market is projected to grow from $18.56 billion in 2026 to $29.39 billion by 2031, at a CAGR of 9.6%.

Security monitoring and hybrid systems gain importance

MarketsandMarkets expects log management and Security Information and Event Management (SIEM) solutions to lead the market during the forecast period. These technologies support centralized monitoring and threat detection across IT and operational technology environments.

Hybrid deployment models are projected to grow at an annual rate of 11.5%. In addition, the small and medium-sized enterprise segment is forecast to grow by 11.6% annually. Healthcare and life sciences are expected to record the fastest growth among industry verticals.

The report identifies IBM, Palo Alto Networks and Check Point among the major international providers. It also highlights regional companies Help AG, sirar and CPX. These companies offer services covering managed security, advanced threat detection and protection of sovereign digital infrastructure.