RIYADH: The Saudi Arabian cyber security market is expected to grow to over $3.48 billion by 2019, at a rate of 14.50 per cent, said the organisers of an upcoming summit in Riyadh.
Organised by Nispana, the second annual Cyber Security Summit will take place on April 6 and 7. It will feature an array or presentations and interactive panel sessions from international experts to address current challenges faced and come up with strategies to pave the way for a cyber-safe future.
The Cyber Security Summit will present all the participants with an excellent opportunity to network with peers, share divergent viewpoints as well as identify internationally renowned cyber security.
As per the National Information Security Strategy, Saudi Arabia has increased cyber security spending and investment across government agencies and local governments. Saudi Arabia’s cyber security market exports market alone is estimated to grow to over $ 37.5 billion by 2016 with a growing rate 10 per cent on IT and software year on year.