Report Overview

Egypt Cybersecurity Market – Industry Trends & Forecast Report, 2031

Egypt Cybersecurity Market size was estimated at USD 1,007.79 million in 2024. During the forecast period from 2025 to 2031, Egypt Cybersecurity Market size is projected to grow at a CAGR of 9.10%, reaching a value of USD 1,854.15 million by 2031. Egypt Cybersecurity Market is driven by rising cyber threats, increased internet penetration, and smart city initiatives like the New Administrative Capital. Government strategies such as the Digital Egypt agenda and the National Cybersecurity Strategy (2023–2027) are boosting demand for secure infrastructure. Rapid fintech adoption, cloud migration, and data protection laws are expanding the threat landscape. Enterprises are investing in robust solutions to counter sophisticated attacks, while talent shortages and regulatory compliance further shape market dynamics.

Cybersecurity – Overview

Cybersecurity is the practice of protecting digital systems, networks, and data from malicious attacks and unauthorized access. It encompasses technologies, processes, and policies designed to defend against threats like malware, phishing, ransomware, and data breaches. As digital transformation accelerates, cybersecurity becomes vital for individuals, businesses, and governments to safeguard sensitive information and maintain trust. Key components include network security, application security, and endpoint protection. With growing reliance on cloud computing and IoT, the attack surface expands, demanding proactive defense strategies. Cybersecurity also plays a crucial role in risk management, regulatory compliance, and ensuring operational continuity in an increasingly connected world.

Egypt Cybersecurity Market 

Growth Drivers

Fintech Expansion and Mobile Payment Adoption

Egypt’s booming fintech sector—led by pioneers like Fawry, MNT-Halan, and ValU—is reshaping digital finance and accelerating mobile payment adoption. This surge has expanded the cyber threat landscape, prompting heightened demand for robust cybersecurity solutions. This, in turn, is boosting the growth of Egypt Cybersecurity Market. As mobile wallets and digital banking gain traction, safeguarding financial data becomes critical. Government-backed initiatives and private innovation are driving secure digital ecosystems, making cybersecurity a strategic priority for fintech firms and regulators alike.

Challenges

Talent Shortage and Brain Drain to GCC Countries

Egypt Cybersecurity Market faces a critical talent shortage, with skilled professionals increasingly migrating to Gulf Cooperation Council (GCC) countries for better pay and career prospects. This brain drain hampers domestic capacity to meet rising cybersecurity demands. Despite government efforts to develop local expertise, the gap between industry needs and available talent persists. The allure of advanced infrastructure and competitive packages in GCC nations continues to draw Egypt’s top cybersecurity minds, posing a long-term challenge to market growth.

Impact of Escalating Geopolitical Tensions on Egypt Cybersecurity Market 

Escalating geopolitical tensions have intensified Egypt’s exposure to cyber threats, making critical infrastructure a prime target for hacktivists and APT groups. Attacks like the 2024 DDoS disruption of telecom services by Anonymous Sudan highlight vulnerabilities in national systems. These tensions drive increased investment in cybersecurity, surveillance technologies, and regulatory frameworks. However, they also raise concerns over digital rights and state control. The evolving threat landscape demands resilient defenses and cross-border collaboration to safeguard Egypt’s digital ecosystem. Intensifying geopolitical tensions could drive Egypt Cybersecurity Market at a significant growth rate in the coming years.

Egypt Cybersecurity Market 

Segmental Coverage

Egypt Cybersecurity Market – By Offering

By offering, Egypt Cybersecurity Market is divided into Solutions and Services segments. Solutions hold the largest share of Egypt Cybersecurity Market. This dominance stems from rising demand for endpoint protection, identity management, and infrastructure security amid escalating cyber threats. Enterprises and government agencies prioritize comprehensive solutions to safeguard critical systems, especially with smart city projects and cloud adoption expanding the attack surface. While Services are growing rapidly, Solutions remain the backbone of cybersecurity investments, offering scalable, proactive defense across sectors

Egypt Cybersecurity Market – By Deployment Mode

Based on deployment mode, Egypt Cybersecurity Market is divided into On-Premise and Cloud segments. The on-premises deployment segment leads Egypt Cybersecurity Market. This dominance reflects strong preferences among enterprises and government bodies for localized control, data sovereignty, and compliance with national regulations. Sensitive sectors like BFSI and public infrastructure prioritize on-premises systems to mitigate external risks. While Cloud-based solutions are gaining traction due to scalability and cost-efficiency, concerns over data privacy and limited cloud readiness continue to favor on-premises adoption as the primary cybersecurity deployment model.

Egypt Cybersecurity Market – By End User

On the basis of end user, Egypt Cybersecurity Market is divided into BFSI (Banking, Financial Services, and Insurance), Healthcare, Government, Retail, and Energy & Utilities segments. The BFSI sector leads Egypt Cybersecurity Market. This dominance stems from the sector’s high exposure to financial fraud, data breaches, and regulatory scrutiny. Banks and financial institutions are investing heavily in advanced security frameworks to protect digital transactions, customer data, and mobile banking platforms. With fintech adoption surging and digital payments becoming mainstream, cybersecurity remains a top priority for BFSI players, driving sustained demand for robust and scalable protection solutions.

Competitive Landscape

Major companies operating in Egypt Cybersecurity Market include IBM Corporation, Microsoft Egypt, Cisco Systems, Palo Alto Networks Inc., Fortinet Inc., Orange Cyberdefense, Secure Misr, Absega Egypt Technology Services, Cyberteq, Check Point Software Technologies, and Accenture Egypt. To further enhance their market share, these companies employ various strategies, including mergers and acquisitions, partnerships, joint ventures, license agreements, and new product launches.

Scope of the Report

By Offering

• Solutions

• Services

By Deployment Mode

• On-Premises

• Cloud

By End User

• BFSI (Banking, Financial Services, and Insurance)

• Healthcare

• Government

• Retail

• Energy & Utilities

1. Research Framework
   1. Research Objective
   2. Product Overview
   3. Market Segmentation
2. Executive Summary
3. Egypt Cybersecurity Market Insights
   1. Industry Value Chain Analysis
   2. DROC Analysis
      1. Growth Drivers
         1. National Cybersecurity Strategy (2023–2027): Boosting Public-Sector Investment
         2. Fintech Expansion and Mobile Payment Adoption
         3. Smart City and Infrastructure Projects Increasing Threat Surface        
      2. Restraints
         1. Talent Shortage and Brain Drain to GCC Countries
         2. High Cost of Cybersecurity Solutions Due to Currency Devaluation
         3. Fragmented Regulatory Implementation Across Sectors
      3. Opportunities
         1. Strategic Public-Private Partnerships for Cyber Resilience
         2. Rise of Local Cybersecurity Firms and Innovation Potential      
      4. Challenges
         1. Lag in Executive Regulations for Data Protection Law
         2. Accelerated Cyberattack Deployment vs. Slow Breach Detection
   3. Technological Advancements/Recent Developments
   4. Regulatory Framework
   5. Porter’s Five Forces Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of New Entrants
      4. Threat of Substitutes
      5. Intensity of Rivalry
4. Egypt Cybersecurity Market: Marketing Strategies
5. Egypt Cybersecurity Market: Pricing Analysis
6. Egypt Cybersecurity Market Overview
   1. Market Size & Forecast, 2019–2031
      1. By Value (USD Million)
   2. Market Share & Forecast
      1. By Offering
         1. Solutions
         2. Services
      2. By Deployment Mode
         1. On-Premises
         2. Cloud
      3. By End User
         1. BFSI (Banking, Financial Services, and Insurance)
         2. Healthcare
         3. Government
         4. Retail
         5. Energy & Utilities
7. Competitive Landscape
   1. List of Key Players and Their Offerings
   2. Nigeria Insurance Company Market Share Analysis, 2024
   3. Competitive Benchmarking, By Operating Parameters
   4. Key Strategic Developments (Mergers, Acquisitions, Partnerships)
8. Impact of Escalating Geopolitical Tensions on Egypt Cybersecurity Market
9. Company Profiles (Company Overview, Financial Matrix, Competitive Landscape, Key Personnel, Key Competitors, Contact Address, Strategic Outlook, SWOT Analysis)
   1. IBM Corporation
   2. Microsoft Egypt
   3. Cisco Systems
   4. Palo Alto Networks Inc.
   5. Fortinet Inc.
   6. Orange Cyberdefense
   7. Secure Misr
   8. Absega Egypt Technology Services
   9. Cyberteq
   10. Check Point Software Technologies
   11. Accenture Egypt
   12. Other Prominent Players
10. Key Strategic Recommendations
11. Research Methodology
    1. Qualitative Research
       1.  Primary & Secondary Research
    2.   Quantitative Research
    3.   Market Breakdown & Data Triangulation
       1.  Secondary Research
       2.  Primary Research
    4. Breakdown of Primary Research Respondents, By Region
    5.   Assumptions & Limitations

*Financial information of non-listed companies can be provided as per availability.

**The segmentation and the companies are subject to modifications based on in-depth secondary research for the final deliverable.

List of Figures

Figure 1       Egypt Cybersecurity Market Segmentation

Figure 2       Egypt Cybersecurity Market Value Chain Analysis

Figure 3       Company Market Share Analysis, 2024

Figure 4       Egypt Cybersecurity Market Size, By Value (USD Million), 2019–2031

Figure 5       Egypt Cybersecurity Market Share, By Offering, By Value, 2019–2031

Figure 6       Egypt Cybersecurity Market Share, By Deployment Mode, By Value, 2019–2031

Figure 7       Egypt Cybersecurity Market Share, By End User, By Value, 2019–2031

List of Tables

Table 1         Egypt Cybersecurity Market Size, By Value (USD Million), 2019–2031

Table 2         Egypt Cybersecurity Market Size, By Offering, By Value, 2019–2031

Table 3         Egypt Cybersecurity Market Size, By Deployment Mode, By Value, 2019–2031

Table 4         Egypt Cybersecurity Market Size, By End User, By Value, 2019–2031

Table 5         Egypt Cybersecurity Market Size, By Value, 2019–2031

Table 6 IBM Corporation Company Overview

Table 7 IBM Corporation Financial Overview

Table 8 Microsoft Egypt Company Overview

Table 9 Microsoft Egypt Financial Overview

Table 10 Cisco Systems Company Overview

Table 11 Cisco Systems Financial Overview

Table 12 Palo Alto Networks Inc. Company Overview

Table 13 Palo Alto Networks Inc. Financial Overview

Table 14 Fortinet Inc. Company Overview

Table 15 Fortinet Inc. Financial Overview

Table 16 Orange Cyberdefense Company Overview

Table 17 Orange Cyberdefense Financial Overview

Table 18 Secure Misr Company Overview

Table 19 Secure Misr Financial Overview

Table 20 Absega Egypt Technology Services Company Overview

Table 21 Absega Egypt Technology Services Financial Overview

Table 22 Cyberteq Company Overview

Table 23 Cyberteq Financial Overview

Table 24 Check Point Software Technologies Company Overview

Table 25 Check Point Software Technologies Financial Overview

Table 26 Accenture Egypt Company Overview

Table 27 Accenture Egypt Financial Overview