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Proliferating Use of Smartphones, Internet Banking to Soar Middle East Cyber Security Industry

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The signification surge in cyber threats across the heavy industry, snowballing use of mobile, cloud and social media along with growing awareness on the importance of cyber security and burgeoning adoption of disruptive technologies such as AI, IoT, cloud computing is increasing amounts of data, thus proliferating the growth of the Middle East Cyber Security market over the forecast period. Besides this, surging investment by the companies toward IT infrastructure, burgeoning digital adoption, proliferating use of smartphones, internet banking and escalating demand for small and medium enterprises (SMEs) in different industry verticals are the factors fueling the growth of market.  However, the COVID-19 crisis has an optimistic impact on the market growth on account of adoption of work from home among various companies, thus this propelled the internet traffic and upsurged the risk of cyberattack at a significant rate. UAE witnessed 250% increase in cyberattacks in 2...

Launch of Various Video Conferencing-As-A-Service (VCaaS) is Expected to Accelerate the Growth of Global Video Conferencing Market

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Global Video Conferencing (VC) is anticipated to grow at an astronomical rate during 2020-25. The growth if the market is anticipated to rise in the adoption of video-conferencing solution in end-user such as corporates, education, healthcare, media & entertainment etc., along with escalating 4G-enabled mobile devices and launch of various video conferencing-as-a-service (VCaaS) by the market players. Moreover, the COVID-19 outbreak has a positive impact on the market growth due to the lockdown imposition which has enable the organizations allow their employees to work from home for smooth business operations. Thus, this has augmented the demand for video conferencing solution amongst the corporate sector. However, the shutdown of schools and collages have also propelled the demand for VC solution in education sector. North America dominated the  Global video conferencing market  in 2020. US and Canada acquired the highest market share in the market on account of stron...