The Latin America, Middle East and Africa Threat Modeling Tools Market would witness market growth of 21.4% CAGR during the forecast period (2022-2028).
Threat modeling applied at the application level can give developers accurate operational accessibility into which specific applications (and which elements of those applications) may be most vulnerable to cyber threats, in contrast to many security tools that concentrate on monitoring and controlling risks at the enterprise level. With this knowledge, developers can focus on creating fixes while security experts can ensure the required safeguards are in place.
Threat modeling may assist developers in gaining a further understanding of possible security concerns while the product is still in the design phases when combined with current testing and quality assurance processes. Secure coding standards may also be expanded to include essential threat mitigations, or they can be given more priority when designing. Threat modeling may also be used as an addition to automated vulnerability scanning and testing technologies, reducing the risk of false negatives and enabling security teams to find zero-day vulnerabilities before attackers can.
Saudi Arabia is predicted to be one of the fastest-growing digital health sectors in the GCC region. The government has committed $1.5 billion for healthcare IT and digital transformation activities. The MOH devised an e-Health plan to leverage telemedicine to enhance the accessibility and quality of treatment in rural locations. Saudi Arabia’s telemedicine adoption rate is over 70 percent, and roughly 34 percent of young doctors utilize AI to ease diagnosis. In the spring of 2022, Saudi Arabia opened Seha Virtual Hospital, the biggest of its type in the world. With the digital transformation of healthcare throughout the region, the necessity for threat modeling tools grows from the industry to avert cyberattacks. This is anticipated to propel the market growth in the LAMEA region.
The Brazil market dominated the LAMEA Threat Modeling Tools Market by Country in 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $38 million by 2028. The Argentina market is experiencing a CAGR of 22.1% during (2022 - 2028). Additionally, The UAE market would showcase a CAGR of 21.1% during (2022 - 2028).
Based on Vertical, the market is segmented into IT & ITeS, BFSI, Healthcare, Utilities, and Others. Based on Platform, the market is segmented into Web-based, Desktop-based, and Cloud-based. Based on Component, the market is segmented into Solution, and Services. Based on Organization Size, the market is segmented into Large Enterprises, and Small & Medium Enterprises. Based on countries, the market is segmented into Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria, and Rest of LAMEA.
Free Valuable Insights: The Global Threat Modeling Tools Market is Predict to reach $1.8 Billion by 2028, at a CAGR of 14.6%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Cisco Systems, Inc., IBM Corporation, Synopsys, Inc., Intel Corporation, Microsoft Corporation, Sparx Systems Pty. Ltd., Securonix, Inc., Varonis Systems, Inc., Coalfire Systems, Inc. (Apax Partners LLP), and Mandiant (Google LLC)
By Vertical
By Platform
By Component
By Organization Size
By Country
Our team of dedicated experts can provide you with attractive expansion opportunities for your business.
Unique Offerings 