DUBAI: Governments and corporates in the Middle East are expected to invest heavily in Zero Trust Access (ZTA) IT systems over the coming years to ward off the omnipresent threat of cyber-attacks, providing a major boost to the region’s cybersecurity market that is predicted to more than double in value over the next five years.
Exhibitors at next month’s GISEC Global Cybersecurity Exhibition in Dubai said ZTA security — an approach to designing IT infrastructure with a ‘never trust, always verify’ model — will be highly sort after in 2023 and beyond, as organisations seek to protect their data and systems against constantly evolving and increasingly sophisticated cyber threats.
In the Middle East, the pervasive ‘work from anywhere’ culture is convincing companies to double down on their efforts to protect digital assets, fuelling the region’s cybersecurity market that, according to analysts Markets and Markets, will grow from US$20 billion in 2022 to US$44.7 billion in 2027, clocking 17 percent annual growth.