Middle East & Africa IoT Security Market Size & Outlook, 2030

Revenue, 2024 (US$M)

$2,378.1

Forecast, 2030 (US$M)

$9,781.9

CAGR, 2025 - 2030

26.6%

Report Coverage

Middle East & Africa

Middle East & Africa iot security market, 2018-2030 (US$M)

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Related Markets

Global IoT Security Industry Outlook

North America IoT Security Market Outlook

Europe IoT Security Market Outlook

Asia Pacific IoT Security Market Outlook

Latin America IoT Security Market Outlook

MEA iot security market highlights

The MEA iot security market generated a revenue of USD 2,378.1 million in 2024.
The market is expected to grow at a CAGR of 26.6% from 2025 to 2030.
In terms of segment, network security was the largest revenue generating security type in 2024.
Network Security is the most lucrative security type segment registering the fastest growth during the forecast period.

MEA data book summary

Market revenue in 2024	USD 2,378.1 million
Market revenue in 2030	USD 9,781.9 million
Growth rate	26.6% (CAGR from 2024 to 2030)
Largest segment	Network security
Fastest growing segment	Network Security
Historical data covered	2018 - 2023
Base year for estimation	2024
Forecast period covered	2025 - 2030
Quantitative units	Revenue in USD million
Market segmentation	Network Security
Key market players worldwide	Microsoft Corp, Amazon Web Services, Alphabet Inc Class A, International Business Machines Corp, Intel Corp, Cisco Systems Inc, Thales, Allot, Atos SE

Other key industry trends

In terms of revenue, MEA region accounted for 6.7% of the global iot security market in 2024.
Globally, North America is projected to lead the regional market in terms of revenue in 2030.
Asia Pacific is the fastest growing regional market and is projected to reach USD 41,112.3 million by 2030.

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IoT Security Market Scope

Iot security market segmentation & scope

Security Type

Network Security

Endpoint Security

Application Security

Cloud Security

Others

End Use

Energy and Utilities

Manufacturing

Automotive

Transport

Consumer Electronics

Others

Regions

Latin America

Europe

North America

Middle East & Africa

Asia Pacific

Countries

Argentina

Brazil

Denmark

Germany

France

Italy

Spain

Sweden

U.S.

Canada

Mexico

Kuwait

Saudi Arabia

South Africa

UAE

Australia

China

India

Japan

South Korea

Thailand

IoT Security Market Companies

Name	Profile	# Employees	HQ	Website

Middle East & Africa iot security market outlook

The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to iot security market will help companies and investors design strategic landscapes.

Network security was the largest segment with a revenue share of 100% in 2024. Horizon Databook has segmented the Middle East & Africa iot security market based on network security covering the revenue growth of each sub-segment from 2018 to 2030.

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Horizon Databook provides a detailed overview of continent-level data and insights on the Middle East & Africa iot security market , including forecasts for subscribers. This continent databook contains high-level insights into Middle East & Africa iot security market from 2018 to 2030, including revenue numbers, major trends, and company profiles.

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