The Global Industrial Cybersecurity Market size is expected to reach $22.8 billion by 2026, rising at a market growth of 7.2% CAGR during the forecast period. Industrial Cybersecurity is meant to safeguard industrial conditions from cyber risks across different phases.
According to Mordor Intelligence: "The Qatari cybersecurity market is expected to register a CAGR of 12.6% during the forecast period". Thus, cybersecurity has become a priority for the authorities in Qatar. Qatari security forces have invested significantly in educational programs and general awareness campaigns to increase public understanding of cyber threats and how to protect against them. With ambitious projects like TASMU. Qatar is a country that is fast transitioning to a digital economy. Qatar is one of the Middle East’s top cloud users and has a goal of establishing a knowledge-based society by 2030.
According to MCIT, Qatar's cybersecurity market size is estimated at over $1 billion USD in 2022, with an expected growth of 10 percent per year, making it worth nearly $1.5 billion USD by 2026. Cooperation is playing a critical role in Qatar’s approach to cybersecurity. Effective partnerships with competent partners and service providers are viewed as essential to fostering prosperity and shaping the future of cybersecurity. Director of National Cybersecurity Excellence and Enablement Affairs at the NCSA, stresses the importance of collaboration between industry leaders, experts, and government entities.
In other reported news: Qatar faces a daunting challenge in the realm of cybersecurity, with approximately 5.1 million internal and external cyber-attacks and 45,000 intrusion attempts thwarted recently.
The goal is to create a cyber-resilient ecosystem capable of withstanding cyber threats and ensuring business continuity.
Join Cyber Security Leaders and Innovators in Doha, Qatar at the 19th Edition of Cyberx Global Series and 5th Annual CyberX Summit & Awards, Qatar Edition on 5th February 2025. Join us for this 1-day dialogue with reformative panel discussions, keynote presentations, fire-side chat, spotlight tracks to discuss the current initiatives and future trends to safeguard the organizations & business effectiveness.
Khalid Al-Hashemi is the Director of National Cyber Security Enablement & Excellence Affairs at National Cyber Security Agency (NCSA). He is responsible to enable national level cyber security initiatives and projects, he is responsible for national level cyber security innovation, research, development, enablement, training and awareness programs, he also provides co-ordination between NCSA and external stakeholders and creating partnerships with related local entities to enhance national cyber security.
Khalid started his career within Industrial sector in Information Technology, then moved to cyber security domain and for the last decade he was in leadership roles in national cyber security.
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