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
41 minutes ago
- Yahoo
Oregon Climate Protection Program Analyst Report 2025: Long-term Obligations through 2035 - Sectoral Impacts of Oregon's CPP
Explore Oregon's updated Climate Protection Program with an in-depth analysis of its regulatory design and compliance timelines. Discover expected impacts on fuel suppliers and gas utilities, along with an evaluation of early abatement signals and long-term obligations through 2035. Dublin, June 09, 2025 (GLOBE NEWSWIRE) -- The "Oregon Climate Protection Program | A Revamped Program | Analyst Note" report has been added to offering. This analyst note explores Oregon's updated Climate Protection Program (CPP), analyzing the regulatory design, compliance timelines. The note examines expected sectoral impacts, particularly on fuel suppliers and gas utilities, and assesses early abatement signals and long-term obligations through 2035. Key Topics Covered: 1. Emission Profile 2. Program Introduction 3. Market Mechanisms 4. Long Term Market Outlook 5. Deep Dive: Fuel Suppliers and NG in CP1 List of TablesTable 1: Emissions for Early Reduction Instrument CalculationsTable 2: Allocation to LDCsTable 3: Emissions Reduction Targets for Covered EITES/DNG SourcesTable 4: EITE SourcesTable 5: Compliance Instrument ReserveTable 6: Fuel Supplier DeficitTable 7: LDC Supplier Deficit List of FiguresFigure 1: Oregon's Historic GHG InventoryFigure 2: Percentage of Emissions (2021) Covered in CPPFigure 3: Fuel Supplier EmittersFigure 4: Natural Gas EmittersFigure 5: Top 15 EITE/DNG EmittersFigure 6: 2023 EITEs/DNG Emissions by SectorFigure 7: CPP 2024 Annual Budget 8: Annual Average Cap Reduction14Figure 9: Sectoral Cap Reduction.25Figure 10: CCI UsageFigure 11: Demand, Supply and BankFigure 12: Demand and Supply without Early Reduction InstrumentsFigure 13: Natural Gas Demand, Supply and DeficitFigure 14:EITEs/DNG Demand, Supply and DeficitFigure 15: Fuel Supplier Demand, Supply and Deficit For more information about this report visit About 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: Laura Wood,Senior Press Manager press@ 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
Yahoo
41 minutes ago
- Yahoo
Waste Management Market to Attain Astonishing Valuation of US$ 2.30 Trillion By 2033
Waste management market is dynamic, shaped by urbanization, technology, and regulations. Generating 2.5 billion tons of waste yearly, it tackles challenges with AI, circular models, and collaboration for sustainability. Chicago, June 09, 2025 (GLOBE NEWSWIRE) -- The global waste management market was valued at US$ 1.20 trillion in 2024 and is expected to reach US$ 2.30 trillion by 2033, growing at a CAGR of 6.72% during the forecast period 2025–2033. The waste management market is under immense strain in 2024 due to rapid urban expansion. According to the United Nations, over 4.4 billion people reside in urban areas globally, generating approximately 2.24 billion tons of municipal solid waste annually as reported by the World Bank in recent 2024 updates. Cities like Dhaka, Bangladesh, and Manila, Philippines, face severe landfill overflow, with daily waste collection falling short by over 1.5 million tons collectively in these regions. This surge, driven by consumerism and packaging, particularly plastics, clogs urban infrastructure and pollutes ecosystems, demanding urgent scalable solutions. Request Sample Pages: Moreover, inadequate funding exacerbates urban waste challenges. A 2024 World Bank study reveals that over 90 countries still rely on open dumping, with Southeast Asian municipalities managing only 1.2 million tons of waste daily against a generation of 2 million tons. However, cities like Singapore are setting benchmarks, handling over 7,000 tons daily through smart waste bins and automated systems since 2023. These innovations reduce collection inefficiencies by optimizing routes, yet adoption remains limited in resource-constrained areas. Bridging this gap in the waste management market requires global investment and localized strategies to manage urban waste effectively, ensuring public health and environmental safety are prioritized in densely populated regions. Key Findings in Waste Management Market Market Forecast (2033) US$ 2.30 Trillion CAGR 6.72% Largest Region (2024) Asia Pacific (59.14%) By Waste Type Municipal Waste (32%) By Service Type Collection (43%) Top Drivers Rising urbanization increases waste generation, demanding efficient management solutions. Stringent government regulations enforce sustainable waste handling and recycling practices. Technological advancements drive adoption of smart waste management systems globally. Top Trends Growing use of waste-to-energy plants for sustainable power generation. Increased focus on e-waste recycling due to shorter device lifespans. Smart waste technologies like IoT optimize collection and reduce costs. Top Challenges Inadequate infrastructure for waste collection hampers effective management systems. High operational costs challenge sustainable waste management in low-income regions. Improper e-waste disposal poses environmental and health risks globally. Circular Economy Fuels Progress of the Waste Management Market In the waste management market, the circular economy is a driving force for innovation in 2024. This model focuses on reducing, reusing, and recycling, with the European Union targeting to recycle 2.5 million tons of municipal waste annually by 2030, as per 2024 EU Commission reports. Germany leads with over 1.8 million tons recycled yearly through advanced material recovery facilities. Corporate giants like Unilever are also contributing, repurposing over 500,000 tons of packaging waste into sustainable materials since early 2023, illustrating how business models are aligning with circular principles. Furthermore, technological advancements are bolstering circular efforts. In 2024, US-based startups like Amp Robotics sort over 200,000 tons of recyclables annually using AI, achieving precision unattainable by manual labor. Japan's cultural initiatives, such as the "Mottainai" campaign, have reduced household waste by 150,000 tons yearly through public engagement. Yet, challenges like high setup costs—often exceeding US$10 million per facility—and inconsistent regulations hinder progress, especially in developing nations where infrastructure handles less than 500,000 tons annually. Overcoming these barriers in the waste management market demands collaborative funding and policy alignment to scale circular economy practices, ensuring waste transforms into a valuable resource globally. Rapidly Advancing Technology Redefines Waste Handling The waste management market is experiencing a technological overhaul in 2024, enhancing efficiency and sustainability. IoT-powered smart waste systems in Dubai manage over 3,000 tons of waste daily, with sensors optimizing collection routes and cutting fuel use by 1.2 million liters annually, according to 2024 city reports. Robotics firms like ZenRobotics in Finland sort 250,000 tons of waste yearly, reducing manual labor costs significantly. These innovations are vital as global waste generation nears 2.5 billion tons annually, per World Bank 2024 estimates, necessitating faster, smarter solutions. Additionally, technology targets specific waste streams like e-waste, which reached 62 million tons globally in 2023, with 2024 projections estimating a rise to 65 million tons, as per UN data. South Korean firms recover over 100,000 tons of rare metals yearly from electronics via chemical recycling. However, high costs—often US$5 million per plant—and limited access in regions like Africa, where only 50,000 tons are processed formally, pose barriers. Addressing this digital divide in the waste management market requires international support and investment. As tech integration accelerates, it promises to revolutionize waste handling, provided scalability and affordability are prioritized to meet global demand effectively. Regulatory Shifts Drive Change to Define Market Growth Momentum In the waste management market, regulatory frameworks are pivotal in 2024, shaping industry practices. The EU's Single-Use Plastics Directive, fully enforced by 2023, has reduced plastic waste by 800,000 tons annually across member states, per 2024 EU reports. China's expanded waste import ban in 2024 impacts over 1 million tons of global recycling flows, pushing nations like the US to process 600,000 tons more domestically. These policies highlight a global shift toward accountability, addressing the 2.3 billion tons of waste generated yearly, as noted by the World Bank. Beyond restrictions, incentives are catalyzing progress. Australia's 2024 extended producer responsibility (EPR) schemes hold manufacturers accountable for 400,000 tons of end-of-life products yearly, a model adopted by over 30 countries, per OECD 2024 data. Enforcement varies, with Sweden managing 1.1 million tons under strict compliance, while developing nations struggle, handling less than 200,000 tons formally. Rwanda's plastic bag ban since 2019 has cut 50,000 tons of waste annually through local innovation. Harmonizing standards in the waste management market remains challenging, yet policy-driven change is essential to curb environmental degradation, requiring global cooperation to ensure consistent, impactful implementation across diverse economic landscapes. Tackling Plastic Waste Crisis to Remain a Key Challenge The waste management market faces a daunting plastic waste crisis in 2024, with significant environmental implications. The UN Environment Programme reports over 300 million tons of plastic waste generated annually, with 8 million tons entering oceans yearly. Indonesia, a key contributor, manages only 1.5 million tons of its 9 million tons of plastic waste through collection systems, per 2024 national data. Consumer demand drives innovation, with Coca-Cola piloting plant-based bottles, reducing 20,000 tons of traditional plastic use since 2023 across select markets, showcasing industry response. On the ground, solutions are evolving despite hurdles. In 2024, UK firms process 100,000 tons of hard-to-recycle plastics yearly via chemical recycling, though energy costs exceed US$2 million per facility. Kenya's informal waste pickers recover 80,000 tons of plastics annually, yet lack formal support, risking health and inefficiency. Scaling infrastructure in the waste management market is critical, as only 9 million tons of global plastic waste are recycled yearly against 300 million tons produced. Collaborative efforts among governments, industries, and communities are essential to curb pollution, requiring investments in technology and education to manage this pervasive issue threatening ecosystems worldwide. E-Waste Management Becoming Need of an Hour Within the waste management market, e-waste poses a growing challenge in 2024, driven by tech proliferation. The Global E-waste Monitor estimates 62 million tons of discarded electronics in 2023, with 2024 projections reaching 65 million tons. India, a major producer, generates 1.6 million tons yearly, but only 400,000 tons are processed formally, exposing workers to toxins, per 2024 national reports. This underscores the need for structured systems to handle over 500,000 tons of hazardous materials safely and recover valuable resources. Efforts are progressing, though unevenly. The EU's 2024 WEEE Directive mandates collection of 1.2 million tons annually across member states, while Japan's take-back programs recycle 300,000 tons yearly. Conversely, illegal exports to Ghana burden the region with 200,000 tons of unprocessed e-waste annually, creating environmental hazards. Urban mining in Canada extracts 50,000 tons of metals yearly, yet costs exceed US$1 million per operation, limiting scalability. Addressing disparities in the waste management market requires global funding—potentially US$500 million annually—to balance tech advancement with sustainable disposal, ensuring e-waste doesn't overwhelm future generations with unmanageable toxic legacies. Industrial Waste Handling Dynamics are Reshaping the Market The waste management market is witnessing evolving industrial waste trends in 2024, driven by manufacturing demands. The World Bank estimates industries like construction and chemicals generate 1.5 billion tons of waste annually. In the US, 2024 EPA regulations push firms to manage 800,000 tons of hazardous waste yearly through cleaner methods. China's industrial parks pilot zero-waste initiatives, handling 500,000 tons annually with minimal landfill use. These efforts aim to curb contamination from the 300,000 tons of toxic byproducts released yearly, as per global 2024 industrial data. Moreover, industrial symbiosis offers innovative solutions. Denmark's 2024 projects repurpose 200,000 tons of waste—like excess heat—into resources for other firms, enhancing efficiency. Yet, logistical barriers persist, with Brazil struggling to manage 400,000 tons due to illegal dumping from weak enforcement. Waste-to-energy plants convert 150,000 tons of industrial residues into power yearly in Europe, though setup costs reach US$15 million per facility. Scaling such solutions in the waste management market requires tailored incentives and stricter oversight. As industries face decarbonization pressures, sustainable waste practices will be vital to align with environmental goals and ensure operational resilience across sectors. Need Custom Data? Let Us Know: Community Behavioral Impact on Market to Stay Profound In the waste management market, community engagement is crucial for sustainable outcomes in 2024. South Africa's 'Waste Wise' program, active since 2023, educates over 2 million citizens yearly on segregation, recovering 100,000 tons of recyclables, per national data. In the Philippines, local barangays organize clean-ups, managing 50,000 tons monthly through grassroots efforts. These initiatives demonstrate how collective action reduces the 2 billion tons of global municipal waste burden, as reported by the World Bank in 2024, fostering a culture of accountability at the community level. However, behavioral change faces obstacles. A 2024 Ellen MacArthur Foundation study notes that misinformation affects 1.5 million tons of recyclable waste yearly due to contamination. Canada's city-specific apps guide 3 million residents on disposal, recovering 200,000 tons annually, yet rural areas lack access, managing only 50,000 tons. Leveraging social media and local leaders can bridge this gap in the waste management market, with campaigns reaching over 10 million users globally in 2024. As communities become active stakeholders, their role in reducing waste generation and supporting systemic solutions will be indispensable for a sustainable, inclusive future in waste management worldwide. Waste Management Market Major Players: Casella Waste Systems, Inc. China Everbright International Limited Clean Harbors, Inc. Covanta Holding Corporation DAISEKI CO., LTD Hitachi Zosen Corporation Newater Technology, Inc. Remondis AG & Co. Kg Renewi plc Republic Services, Inc. Veolia Environnement S.A. Waste Connections, Inc. Waste Management Inc. Other Prominent Players Key Market Segmentation: By Waste Type Hazardous Waste E-waste Municipal Waste Plastic Waste Industrial Waste Others By Service Type Collection Open Dumping Incineration/Combustion Landfill Recycling By End User Residential Commercial Industrial By Region North America Europe Asia Pacific Middle East & Africa (MEA) South America Need More Info? Ask Before You Buy: About Astute Analytica Astute Analytica is a global market research and advisory firm providing data-driven insights across industries such as technology, healthcare, chemicals, semiconductors, FMCG, and more. We publish multiple reports daily, equipping businesses with the intelligence they need to navigate market trends, emerging opportunities, competitive landscapes, and technological advancements. With a team of experienced business analysts, economists, and industry experts, we deliver accurate, in-depth, and actionable research tailored to meet the strategic needs of our clients. At Astute Analytica, our clients come first, and we are committed to delivering cost-effective, high-value research solutions that drive success in an evolving marketplace. Contact Us:Astute AnalyticaPhone: +1-888 429 6757 (US Toll Free); +91-0120- 4483891 (Rest of the World)For Sales Enquiries: sales@ Follow us on: LinkedIn | Twitter | YouTube CONTACT: Contact Us: Astute Analytica Phone: +1-888 429 6757 (US Toll Free); +91-0120- 4483891 (Rest of the World) For Sales Enquiries: sales@ Website:
Yahoo
an hour ago
- Yahoo
Circle stock surges 15%, extends gains for third day in a row since blockbuster IPO
Circle's stock (CRCL) surged for a third day in a row on Monday following its blockbuster IPO last week. Shares of the stablecoin issuer jumped more than 15% to trade near $122, nearly 300% above their debut price of $31. The surge builds on gains from the previous two trading days, including an intraday surge of over 200% last Thursday shortly after the company's highly anticipated market debut. Circle IPO success comes amid bullish momentum in the crypto space, including the Trump administration's push for a friendly framework for cryptocurrencies, the president's business involvement in the space, and legislation in Congress that would regulate stablecoins. "Having a crypto friendly administration, the legislation... plus the fact that larger financial institutions are considering launching their own coins, these are all tailwinds and votes of confidence in the stablecoin market," Brianne Lynch, EquityZen head of market insight told Yahoo Finance last Thursday. Circle had previously attempted to go public via a SPAC deal in 2021 but ultimately shelved the plan a year later. Circle, the issuer of the stablecoin USDC (USDC-USD), which is backed by the dollar. The company had $60 billion worth of the token in circulation at the end of the first quarter. Circle is the second-largest stablecoin issuer on the market, trailing only Tether, which has nearly $150 billion in circulation. The company generates the bulk of its revenue through "reserve income"—profits earned from the cash reserves backing the USDC stablecoins. Publicly traded companies have been increasing their exposure to digital assets, with some shifting their strategies to emulate MicroStrategy's (MSTR) bitcoin treasury model. Bitcoin (BTC-USD) recently surged to all-time highs above $110,000. On Monday, bitcoin traded near $107,000 per token. Click here for in-depth analysis of the latest stock market news and events moving stock prices Sign in to access your portfolio