Middle East Application Security Market Databook 2025: A $1.8 Billion Market by 2029, with 15.3% CAGR During 2025-2029
The Middle East application security market is set for robust growth, predicted to expand at a CAGR of 15.3% from 2025-2029, reaching USD 1.8 billion. This growth is driven by digital innovation, increasing cyber threats, and evolving regulatory demands. Key insights cover market dynamics, emerging trends, and strategic opportunities.
Dublin, June 09, 2025 (GLOBE NEWSWIRE) -- The "Middle East Application Security Market Opportunity and Future Growth Dynamics (Databook) - Market Size and Forecast, Spend Analysis by Industry, Security Type, Deployment, and Enterprise Size - Q1 2025 Update" report has been added to ResearchAndMarkets.com's offering.The application security market in Middle East is expected to grow by 18% on annual basis to reach US$873.7 million in 2025. The application security market experienced robust growth during 2020-2024, achieving a CAGR of 16.6%. This upward trajectory is expected to continue, with the market forecast to grow at a CAGR of 15.3% during 2025-2029. By the end of 2029, the application security sector is projected to expand from its 2024 value of USD 740.5 million to approximately USD 1.80 billion.This report provides a detailed data-centric analysis of the application security industry in Middle East, covering market opportunities and risks across a range of cybersecurity domains. With over 80+ KPIs at the regional and country level, this report provides a comprehensive understanding of application security market dynamics, market size and forecast, and market share statistics.
Key InsightsThe outlook for application security in the Middle East is highly promising, underpinned by rapid digital innovation and supportive government policies. Continued investments in emerging technologies such as AI, machine learning, and automated threat response systems are expected to further enhance regional cyber resilience. Executives now view robust application security as a strategic enabler that mitigates risks and drives competitive advantage.
The convergence of increasing market demand, technological advancements, and regulatory support is set to sustain growth in the application security sector. A proactive, integrated security strategy will protect digital assets and ensure long-term business success in a rapidly evolving threat landscape.Introduction & Digitalization TrendsThe Middle East rapidly embraces digital transformation as governments and enterprises deploy cloud computing, IoT, and API-driven solutions to modernize operations and enhance public services. In 2024-2025, this digital revolution will redefine traditional business models while expanding the digital attack surface across industries.
As a result, securing applications has emerged as a critical priority for organizations striving to protect sensitive data and maintain operational continuity. Regional initiatives such as smart city projects and digital government services accelerate technology adoption, driving innovation and associated cyber risks. This heightened digital integration calls for secure-by-design strategies that balance growth with robust cybersecurity measures. Executives increasingly focus on ensuring that advanced application security frameworks underpin their digital investments.Market OpportunityThe market opportunity for application security in the Middle East is substantial, fueled by rapid digital adoption and escalating cyber threats. A notable example is DarkMatter, a UAE-based cybersecurity firm that has effectively localized its advanced security solutions to address regional threats. DarkMatter has successfully implemented AI-driven threat detection and continuous monitoring systems for clients in critical finance, government, and telecommunications sectors.
By tailoring its offerings to meet the region's unique regulatory and operational challenges, DarkMatter has enhanced digital resilience and built strong customer trust. Their success highlights the potential for scalable and adaptive security solutions that can drive competitive advantage in the Middle Eastern market. This case underscores the strategic value of investing in robust application security amid ongoing digital transformation.Middle East's Cybersecurity LandscapeThe cybersecurity landscape in the Middle East is evolving rapidly, marked by robust government initiatives and cross-sector collaborations. Regional bodies and national cybersecurity agencies are implementing frameworks and best practices to protect critical infrastructure, with countries like the UAE, Saudi Arabia, and Qatar leading the way. In 2024-2025, efforts are focused on integrating real-time threat intelligence and adopting zero-trust architectures to counter increasingly sophisticated attacks
. Public-private partnerships are a key driver of progress, as governments work closely with industry leaders to bolster cyber defenses. Significant investments in advanced security technologies and workforce training have enhanced the region's overall cybersecurity posture. This evolving landscape sets the stage for increased demand for secure application development and proactive threat management strategies.Despite advancements, organizations in the Middle East continue to face considerable security challenges. Legacy systems and fragmented IT infrastructures can hinder the seamless implementation of modern security measures, leaving exploitable vulnerabilities. Additionally, the rapid pace of digital transformation sometimes outstrips the ability of traditional defense mechanisms to adapt effectively to emerging threats.
A shortage of specialized cybersecurity professionals further compounds these challenges, limiting the pace at which new technologies can be deployed. Budget constraints, particularly among smaller organizations, hinder comprehensive security implementations. Addressing these issues will require coordinated investments in technology upgrades and talent development to ensure a resilient cyber defense.Current Market for Application SecuritiesRecent market analyses for 2024-2025 indicate robust growth in the Middle East's application security segment as organizations allocate higher budgets to counteract emerging cyber risks. The region is witnessing increased investments in cloud-native security solutions, automated threat detection systems, and integrated DevSecOps practices. Market forecasts suggest a healthy compound annual growth rate (CAGR) driven by the need to secure expanding digital ecosystems.
This upward trend is fueled by heightened awareness of cyber threats and the strategic imperative to protect digital assets across industries. Enterprises are rapidly adopting advanced security tools that offer real-time monitoring and adaptive responses to new vulnerabilities. These market dynamics highlight the critical role of application security in supporting the region's ongoing digital transformation initiatives.Competitive Landscape of the Application Security IndustryThe competitive landscape in the Middle East is dynamic, featuring both global cybersecurity giants and innovative regional players. International vendors such as Checkmarx, Veracode, and Fortify are expanding their market presence, while local companies like DarkMatter and emerging startups are tailoring solutions to address specific regional challenges.
Over the past year, competitive strategies have focused on enhancing product capabilities, forging strategic partnerships, and integrating with DevSecOps pipelines. Recent innovations include adopting AI-powered analytics and cloud-native security enhancements, enabling faster threat detection and response. This competitive environment drives continuous improvements in security technology and service delivery, providing enterprises with various secure, scalable solutions. The ongoing rivalry is set to further elevate the standard of application security offerings across the region.Report ScopeThis report provides in-depth data-centric analysis of application security industry in through 88 tables and 109 charts.
Below is a summary of key market segments:
Application Security Spend Market Share by Cybersecurity Domains
Application Security Spend Market Size
Application Security Spend Market Share by Industry
Application Security Spend Market Share by Security Type
IT and Telecommunications Industry Application Security Spend by Security Typeurity
BFSI Industry Application Security Spend by Security Type
Healthcare and Lifesciences Industry Application Security Spend by Security Type
Retail & Consumer Goods Application Security Spend by Security Type
Manufacturing & Distribution Application Security Spend by Security Type
Government & Defense Industry Application Security Spend by Security Type
Travel & Hospitality Industry Application Security Spend by Security Type
Media, Entertainment & Leisure Industry Application Security Spend by Security Type
Other Industries Application Security Spend by Security Type
Application Security Spend Market Share by Deployment
Application Security Spend Market Share by Solution
Application Security Spend Market Share by Software Solution
Application Security Spend Market Share by Enterprise Size
For more information about this report visit https://www.researchandmarkets.com/r/czxsm2
About ResearchAndMarkets.comResearchAndMarkets.com is the world's leading source for international market research reports and market data. We provide you with the latest data on international and regional markets, key industries, the top companies, new products and the latest trends.
CONTACT: CONTACT: ResearchAndMarkets.com Laura Wood,Senior Press Manager press@researchandmarkets.com For E.S.T Office Hours Call 1-917-300-0470 For U.S./ CAN Toll Free Call 1-800-526-8630 For GMT Office Hours Call +353-1-416-8900

Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Yahoo
42 minutes ago
- Yahoo
Thunderbird Entertainment Retains Three Part Advisors for Its Investor Relations Program
VANCOUVER, British Columbia, June 11, 2025--(BUSINESS WIRE)--Thunderbird Entertainment Group Inc. (TSXV: TBRD, OTCQX: THBRF) ("Thunderbird" or the "Company") is pleased to announce that it has retained Three Part Advisors, LLC ("Three Part Advisors"), a leading full-service, strategic investor relations advisory firm headquartered near Dallas, Texas, for its ongoing investor relationship program, effective July 1, 2025. Three Part Advisors will work closely with management on the Company's strategic investor relations program, with a focus on enhancing Thunderbird's visibility within the investment community. This includes, but is not limited to, identifying and engaging with potential investors, organizing investor presentations and meetings with interested parties, responding to incoming calls from shareholders and potential investors, and providing general capital markets advisory services. Jennifer Twiner McCarron, CEO and Chair of Thunderbird, commented, "We're pleased to welcome Three Part Advisors as our new strategic investor relations advisory firm. Given our significant growth plans and the health of our business, we believe this is an opportune time to share the Thunderbird story with a broader investor audience." Steven Hooser, Partner of Three Part Advisors, said, "We are thrilled to welcome Thunderbird Entertainment to our growing base of diverse clients. We know that introducing the Company to the right investors looking for growth and a strong management team is vital, and Thunderbird has built a global content creation studio of premium, award-winning content and distribution that will generate excitement from fundamental investors across our network." Three Part Advisors has been retained for an initial period of one year, commencing July 1, 2025, at a rate of $12,500 USD per month. Three Part Advisors has no interest, directly or indirectly, in the Company or its securities, or any right or intent to acquire such an interest, other than as described herein. Market Making Services Correction Thunderbird is correcting language from an announcement made on October 23, 2024. The agreement with the Independent Trading Group to provide market making services in accordance with TSX Venture Exchange policies was for an initial term of one month and renewable thereafter. About Three Part Advisors, LLC Three Part Advisors, LLC is a leading full-service, strategic investor relations advisory firm. Through measurable and proactive investor relations programs, the firm helps clients develop their investment thesis, effectively communicate the strategy to Wall Street, meet new investors and ultimately, lower the cost of capital. Three Part Advisors also provides corporate design services and annually holds three independent IDEAS investor conferences ( Unbiased by investment banking fees and trading commissions, Three Part Advisors has a proven reputation for engaging with companies that are supported by strong investment merits and proven fundamentals, and proactively communicating their stories to Wall Street in the most effective manner. More information is available at About Thunderbird Entertainment Thunderbird Entertainment (TSXV: TBRD, OTCQX: THBRF) is a global award-winning, full-service multiplatform production, distribution and rights management company, headquartered in Vancouver, with teams in Los Angeles and Ottawa. Thunderbird creates award-winning scripted, unscripted, and animated programming for the world's leading digital platforms, as well as Canadian and international broadcasters. The Company develops, produces, and distributes animated, factual, and scripted content through its various content arms, including Thunderbird Kids and Family (Atomic Cartoons), Thunderbird Unscripted (Great Pacific Media) and Thunderbird Scripted. Productions under the Thunderbird umbrella include Mermicorno: Starfall, Super Team Canada, Molly of Denali, Highway Thru Hell, Kim's Convenience, Boot Camp and Sidelined: The QB and Me. Thunderbird Distribution and Thunderbird Brands manage global media and consumer products rights, respectively, for the Company and select third parties. Thunderbird is on Facebook, X, and Instagram at @tbirdent. For more information, visit: Neither the TSXV nor its Regulation Services Provider (as that term is defined in the policies of the TSXV) accepts responsibility for the adequacy or accuracy of this release, which has been prepared by management. Cautionary Statement Regarding Forward-Looking Information Certain statements contained in this news release may contain forward-looking information or may be forward-looking statements (collectively, "forward-looking statements") within the meaning of applicable securities laws. Forward-looking statements may be identified by words such as "anticipate", "continue", "estimate", "expect", "forecast", "may", "will", "plan", "project", "should", "believe", "intend", or similar expressions concerning matters that are not historical facts. Forward-looking statements in this press release include, but are not limited to, statements regarding Thunderbird's retention of Three Part Advisors, LLC as its new investor relations advisory firm, the anticipated benefits of this engagement, including enhancing Thunderbird's visibility within the investment community, increasing investor awareness and engagement, supporting the Company's growth and shareholder value, and the implementation of a proactive investor awareness program aimed at increasing shareholder engagement, trading volume, and attracting long-term investors. Forward-looking statements are necessarily based on a number of estimates and assumptions that, while considered reasonable, are subject to known and unknown risks, uncertainties and other factors which may cause actual results and future events to differ materially from those expressed or implied by such forward-looking statements. Such factors include, but are not limited to: general business, economic and social uncertainties; litigation, legislative, environmental and other judicial, regulatory, political and competitive developments; product capability and acceptance; international risk and currency exchange rates; and technology changes. The forward-looking statements or information contained in this document represent our views as of the date hereof and as such information should not be relied upon as representing our views as of any date subsequent to the date of this document. The Company undertakes no obligation to update publicly or revise any forward-looking statements or information, whether as a result of new information, future events or otherwise, unless so required by applicable securities laws. Accordingly, readers are cautioned not to place undue reliance on forward-looking statements or information. View source version on Contacts Media Relations & Corporate Communications: Julia Smith, Finch MediaEmail: Julia@ Error in retrieving data Sign in to access your portfolio Error in retrieving data

Yahoo
an hour ago
- Yahoo
New Nuclear Plant to Power Six Million British Homes
Weeks after Germany decided to reverse course and 're-embrace' nuclear power following their supreme idiocy on the matter, the UK government announced on Tuesday that it would invest 14.2 billion pounds (US$19.3 billion) to build a new nuclear plant in the southeast of England. The move was revealed by the Department for Energy Security and Net Zero as part of its broader spending review, which will lay out priorities for the next four years. The new plant, named Sizewell C, will be located in Suffolk county, and is predicted to create around 10,000 jobs during construction, according to a government statement. Once operational, it will create enough electricity power roughly 6 million homes. "We need new nuclear to deliver a golden age of clean energy abundance, because that is the only way to protect family finances, take back control of our energy, and tackle the climate crisis," said Energy Minister Ed Miliband. "This is the government's clean energy mission in action, investing in lower bills and good jobs for energy security." As the Epoch Times notes further, the UK has also been tapping up new investors to fund the construction of Sizewell C, but no new partners were mentioned in the announcement. Neither the total cost of construction nor a date for expected completion has been announced. Sizewell C was originally an EDF Energy project but is now majority-owned by the British government, with EDF Energy a minority shareholder. EDF Energy is the British arm of Électricité de France (EDF), which is wholly owned by the French state. The UK government's stake was 83.8 percent and EDF's stake was 16.2 percent at the end of December, EDF's financial results showed in February. Sizewell C would be just the second new nuclear plant built in Britain in more than 20 years, after another EDF project, Hinkley Point C, which was first announced in 2010. Hinkley Point C, based in Somerset, southwest England, has been beleaguered by delays and budget overruns and is currently expected to come online in 2029. Sizewell C would be the third power station built on the site after Sizewell A and Sizewell B, both of which are currently in the process of being decommissioned. The Department for Energy Security and Net Zero also announced that it had picked Rolls-Royce SMR to build Britain's first small modular reactors (SMRs). About 2.5 billion pounds ($3.4 billion) of government funds will be dedicated to the SMR program over the next four years, in a bid to get one of Europe's first small-scale nuclear industries going. SMRs are usually around the size of two football fields and composed of parts that can be assembled in a factory, making them quicker and cheaper to build than conventional plants. The moves by Britain come amid a renewed interest in nuclear power across Europe, sparked by spiraling energy costs due to the ongoing war between Russia and Ukraine, which is hampering the continent's supply of natural gas. European Commission President Ursula von der Leyen said in a keynote speech in August 2024 that the European Union needed more nuclear power. By More Top Reads From this article on


Business Wire
an hour ago
- Business Wire
Cyclic Materials Announces USD $25M Investment to Establish Centre of Excellence for Rare Earth Recycling in Kingston, Ontario
TORONTO--(BUSINESS WIRE)--Cyclic Materials, the advanced recycling company building a circular supply chain for rare earth elements (REEs), today announced a USD $25 million investment to launch North America's first Centre of Excellence for rare earth recycling in Kingston, Ontario, which will result in 45 new skilled jobs in the region. Spanning over 140,000 square feet, the first-of-its-kind facility will serve as Cyclic's industrial and innovation backbone, combining full-scale commercial processing and cutting-edge research and development (R&D) to address one of the world's most pressing supply chain challenges: the resilient sourcing of rare earth elements for use in permanent magnets. A Strategic Facility Serving a Circular Future The Kingston Centre of Excellence will house Cyclic Materials' first commercial 'Hub' processing unit, leveraging the company's proprietary REEPure SM technology. The facility is designed to convert 500 tonnes of magnet-rich feedstock annually into recycled Mixed Rare Earth Oxide (rMREO)—a product containing crucial components for permanent magnets used in EV motors, wind turbines, and consumer electronics such as Neodymium, Praseodymium, Terbium, and Dysprosium. Feedstock for this facility will be sourced from both Cyclic's Arizona-based 'Spoke', where end-of-life products will be processed, as well as a growing network of partners supplying magnet scrap from production. With operations set to begin in Q1 2026, rMREO from this facility will supply key partners within the magnet value chain, like Solvay, with whom Cyclic Materials signed an offtake agreement in 2024, providing a secondary resource of critical rare earth elements. The site will also house a state-of-the-art R&D center, including advanced labs and a mini-Spoke line, to accelerate process optimization and scale next-generation technologies across the rare earth value chain. Breaking Global Dependency with Local Innovation Today, less than 1% of rare earth elements are recycled, and global supply chains remain highly sensitive to growing geopolitical tensions and supply concentration. Cyclic Materials' proprietary MagCycle℠ and REEPure℠ technologies recover REEs from end-of-life products such as EVs, wind turbines, and data center hard drives—delivering a low-footprint, circular alternative to mining and a fast track to domestic supply security. 'With this Centre of Excellence, we're advancing our core mission: to secure the most critical elements of the energy transition through circular innovation,' said Ahmad Ghahreman, CEO of Cyclic Materials. 'Kingston is where Cyclic began—and now it's where we're anchoring our commercial future.' Kingston: The Cornerstone for the Next Generation of Cleantech Kingston has played a foundational role in the company's success—home to its commercial demonstration facilities and a deep bench of collaborators in research, engineering, and cleantech. The Centre of Excellence will build on robust partnerships with Queen's University, Kingston Process Metallurgy (KPM), RXN Hub, and Impact Chemistry, as well as support from national innovation programs including CMRDD (Critical Minerals Research, Development and Demonstration) from Natural Resources Canada, Sustainable Development Technology Canada (SDTC), and the National Research Council's Industrial Research Assistance Program (IRAP). The facility is expected to create over 45 highly qualified new jobs, with more than 20 hires already onboard. Recruitment has already started with key roles for plant operators, process technicians, and innovation staff. "We are thrilled to see Cyclic Materials' significant investment to establish their Centre of Excellence and Hub in Kingston, Ontario. This announcement not only creates high-quality jobs in the community but is a reflection of the expertise, talent, and supportive ecosystem Kingston has to offer companies,' said Shelley Hirstwood, Director of Business Development at Kingston Economic Development Corporation. 'We are proud to support Cyclic Materials' efforts to create a circular supply chain addressing Canada's critical minerals and rare earth elements." Scaling a North American Rare Earth Recycling Network This investment marks a pivotal step in Cyclic Materials' broader plan to scale its rare earth recycling infrastructure across North America and Europe. With strategic alliances including Solvay, Glencore, Lime, and Sims Lifecycle Solutions, the company is building a resilient, sustainable, and circular ecosystem for rare earth magnets—supporting the electrification of industries and the secure supply of critical materials. About Cyclic Materials Cyclic Materials, founded in 2021, is a cleantech company building a circular supply chain for rare earth elements (REEs) and other critical materials essential to the clean energy transition. Its innovative technology transforms end-of-life products into valuable raw materials used in EVs, wind turbines, and electronics. In 2023, the company launched a commercial demo facility using its MagCycle℠ process to recover rare earth magnets. In 2024, it opened a second facility in Kingston, Ontario, producing Mixed Rare Earth Oxide via its REEPure℠ hydrometallurgical process. With demand for REE-based magnets surging, Cyclic Materials is scaling globally across North America, Europe, and Asia. Mesa, Arizona, is its first U.S. location. In recognition of its pioneering work, it was named the #8 Most Innovative company in North America by Fast Company in 2025. Learn more at