The Latin America, Middle East and Africa Cybersecurity Mesh Market would witness market growth of 32.4% CAGR during the forecast period (2022-2028).
Cybersecurity mesh is a cyber-defense strategy that employs firewalls and network protection technologies to defend each device's perimeter. Several security methods protect an entire IT system with a single perimeter, but a cybersecurity mesh employs a more comprehensive strategy. Emerging e-commerce platforms and introducing of fundamental technologies such as the internet of things (IoT), artificial intelligence (AI), and cloud security drive the cybersecurity industry. The increased usage of enterprise security solutions by the manufacturing, banking, financial services, insurance (BFSI), and healthcare industries is anticipated to fuel market expansion.
A zero-trust environment contains a cybersecurity mesh architecture as one of its building parts. Consequently, adopting a zero-trust mentality is the initial step toward a successful deployment. Not only does such an approach aid in identifying risks in real-time and taking quick action, but it is also adaptive to emerging threats and changing demands, guaranteeing that all data, systems, and equipment can be accessed securely regardless of location.
To achieve its unique vision for e-health, Saudi Arabia's Ministry of Health is executing a very ambitious program: a "safe, efficient health system based on patient-centered, standard-driven care and supported by e-health." These goals were established at the starting of 2011, the Ministry of Health (MOH) plans to make a rapid, demonstrable progress in the field of e-health in two phases: Each is five years in length. With eHealth, the Ministry of Health (MOH) strives to accomplish its aims and projects and provide better healthcare to the population. Today, the government of Israel adopted a National Program for Promoting the Digital Health Sector, with a five-year budget of 922 million Shekels. These boosting the growth of the cybersecurity mesh market in the region.
The Brazil market dominated the LAMEA Cybersecurity Mesh Market by Country in 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $51 million by 2028. The Argentina market is exhibiting a CAGR of 33.1% during (2022 - 2028). Additionally, The UAE market would display a CAGR of 32% during (2022 - 2028).
Based on Offering, the market is segmented into Solution and Services. Based on Vertical, the market is segmented into IT & ITeS, BFSI, Healthcare, Energy & Utilities and Others. Based on Deployment Mode, the market is segmented into Cloud and On-premise. Based on Enterprise Size, the market is segmented into Large Enterprises and Small & Medium Sized Enterprises. Based on countries, the market is segmented into Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria, and Rest of LAMEA.
Free Valuable Insights: The Worldwide Cybersecurity Mesh Market is Projected to reach USD 3.1 Billion by 2028, at a CAGR of 27.5%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include IBM Corporation, Palo Alto Networks, Inc., Check Point Software Technologies Ltd., Zscaler, Inc., Fortinet, Inc., Forcepoint LLC (Francisco Partners), Cato Networks Ltd., GCA Technology and appNovi, Inc.
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