Cyber Security is the practice of protecting systems, networks, data, devices, and programs from any malicious digital attacks. The cyber attacks typically aim to access, change, or destroy sensitive information in order to extort money from users, or interrupt an organization’s normal business processes.
The cyber security market size in Qatar was estimated at US $1,016.7 million in 2022, and is expected to grow by 12.7% annually to reach US $1,642.3 million in 2026.
Qatar is projected to see the fastest growth in cyber security spending in the Middle East by 2022
The public sector requirements for cyber security are numerous. Over 90% of TASMU Smart Qatar use cases will require investment in cyber security for implementation. The Government’s initiatives around e-Government and digitization will also promote increasing public sector investment.
Other upcoming major infrastructure projects such as Hamad Port, Lusail City and the Doha Metro will also require investments in cyber security. Qatari businesses show high awareness of importance of cyber security, yet adoption is low at 48%
Through regulation and dedicated agencies, Qatar has developed a strong local legal framework for cyber security through regulation and dedicated agencies such as Q-CERT, CIIP and plans such as the National Cyber Security Strategy