How big is the Egypt Cybersecurity Market?

The Egypt Cybersecurity Market size is expected to reach USD 220.34 million in 2024 and grow at a CAGR of 12.39% to reach USD 395.12 million by 2029. Read More

What is the current Egypt Cybersecurity Market size?

In 2024, the Egypt Cybersecurity Market size is expected to reach USD 220.34 million. Read More

Who are the key players in Egypt Cybersecurity Market?

IBM Corporation, Palo Alto Networks, Inc., Absega Egypt Technology Services, Fortinet Inc. and Cyberteq are the major companies operating in the Egypt Cybersecurity Market. Read More

What years does this Egypt Cybersecurity Market cover, and what was the market size in 2023?

In 2023, the Egypt Cybersecurity Market size was estimated at USD 193.04 million. The report covers the Egypt Cybersecurity Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the Egypt Cybersecurity Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029. Read More

Egypt Cybersecurity Market Share

Statistics for the 2023 & 2024 Egypt Cybersecurity market share, created by Mordor Intelligence™ Industry Reports. Egypt Cybersecurity share report includes a market forecast to 2029 and historical overview. Get a sample of this industry share analysis as a free report PDF download.

Market Share of Egypt Cybersecurity Industry

The Egyptian cybersecurity market is semi-consolidated. Players in the market adopt strategic initiatives such as mergers and acquisitions, partnerships, and new product offerings due to increasing awareness regarding mobility security among enterprises.

In February 2024, LogRhythm, an IT security firm, partnered with e-finance, a subsidiary of the e-finance Investment Group. The partnership aims to enhance secure digital transformations in Egypt. Equipped with advanced secure computing technologies, their offerings include the latest software, cloud platforms, cybersecurity applications, artificial intelligence (AI), and big data processing capabilities.
In September 2023, Paymob, the financial services provider in the Middle East, North Africa, and Pakistan (MENA-P), and Buguard, Egypt's cybersecurity start-up, announced their partnership to bolster Paymob's cybersecurity defenses. Through the partnership, the deployment of Buguard's Dark Web Monitoring platform, Dark Atlas, protects against potential data breaches by scanning for compromised.