Digital Shield: Safeguarding Sovereignty and Prosperity – The Imperative of Robust Cybersecurity for National Security Resilience

The cybersecurity ensures national security. Robust cybersecurity measures are paramount in safeguarding a nation's interests by protecting critical infrastructure and thwarting cyber-attacks that could carry profound geopolitical implications. The interconnected nature of global systems amplifies the potential impact of cyber threats, making nations need to fortify their digital defenses. Breaches in cybersecurity can compromise sensitive government information, disrupt essential services, and even escalate into international conflicts. Hence, investing in cybersecurity not only shields a nation from immediate threats but also contributes to maintaining stability in the global arena.

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Data Bridge Market Research analyses the Iraq Cyber Security Market will grow at a CAGR of 6.3% from 2022 to 2029. As Iraq's economy experiences growth and the financial sector expands, there is a heightened emphasis on cybersecurity. The increasing reliance on digital financial transactions necessitates robust cybersecurity measures to safeguard against cyber threats targeting financial institutions, driving the country's demand for advanced cybersecurity solutions.

Key Findings of the Study

Increasing internet and mobile penetration is expected to drive the market's growth rate

The rising internet and mobile penetration in Iraq present opportunities. As more individuals, businesses, and government entities embrace digital connectivity, the demand for robust cybersecurity solutions escalates. The imperative fuels this surge to safeguard sensitive information and critical infrastructure from evolving cyber threats. The increased digital footprint amplifies the potential impact of cyber-attacks, making cybersecurity an essential investment for ensuring the resilience of Iraq's digital ecosystem.

Report Scope and Market Segmentation

Segment Analysis:

The Iraq cyber security market is segmented on the basis of the offering, application, security type, deployment model, enterprise size, and end-user.

• On the basis of offering, the Iraq cyber security market is segmented into services and solutions/software
• On the basis of application, the Iraq cyber security market is segmented into identity and access management, data security and privacy service offering, governance risk and compliance, unified vulnerability management service offering, and others
• On the basis of security type, the Iraq cyber security market is segmented into infrastructure security, network security, application security, cloud security, endpoint security, and others
• On the basis of deployment model, the Iraq cyber security market is segmented into cloud and on-premise
• On the basis of enterprise size, the Iraq cyber security market is segmented into large sized enterprises and small and medium-sized enterprises
• On the basis of end-user, the Iraq cyber security market is segmented into industrial, commercial, government, and residential

Major Players

Data Bridge Market Research recognizes the following companies as the major Iraq cyber security market players in Iraq cyber security market are BAE Systems (U.K.), Microsoft (U.S.), McAfee, LLC (U.S.), Thales (France), Rapid7 (U.S.), Trend Micro Incorporated (Japan), Accenture (Ireland), Cisco Systems, Inc. (U.S.)

Market Developments

• In August 2022, Fortinet, Inc. announced a strategic collaboration with Comcast Business to deliver innovative solutions in secure access service edge (SASE) and security service edge (S.S.E.). This collaboration was designed to address the evolving challenges faced by enterprises in safeguarding their tributed workforces. The partnership's core objective was to provide a comprehensive set of security solutions, leveraging Fortinet's expertise in cybersecurity. The SASE and S.S.E. solutions were envisioned to enhance the security posture of enterprises by integrating cutting-edge technologies and methodologies. This initiative reflected a proactive approach to meet the security demands arising from the increasingly dispersed nature of modern work environments
• In May 2022, Cisco Systems, Inc. launched a sophisticated cybersecurity assessment tool to empower small and medium-sized businesses (SMBs). The tool's key purpose was to offer SMBs a detailed understanding of their overall security posture. By launching this advanced cybersecurity assessment tool, Cisco aimed to equip SMBs with valuable insights into their security strengths and vulnerabilities. This initiative underscored Cisco's commitment to democratizing cybersecurity capabilities, ensuring that even smaller enterprises could proactively manage and improve their security measures. The tool such as incorporated a range of assessments and analyses to provide actionable recommendations for enhancing cybersecurity resilience
• In May 2022, cybersecurity leaders Check Point and Provision-ISR joined forces to launch an innovative security solution tailored to the video surveillance market. This collaboration resulted in a runtime security solution designed to combat zero-day attacks at the device level. The solution offered multi-faceted protection, including defenses against access control threats, memory corruption, shell injection, import table hijacking, control flow hijacking, and other potential security risks. By integrating Check Point's expertise in cybersecurity with Provision-ISR's specialization in video surveillance, the collaboration aimed to establish a new benchmark in security for this niche market. This development marked a significant stride in bolstering the security infrastructure of video surveillance systems against emerging and sophisticated threats

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