The global cybersecurity market was valued at USD 176.50 billion in 2020 and is predicted to reach USD 403.01 billion by 2027 with a CAGR of 12.5% over the forecast period. As a result, Egypt’s cyber security market is expected to grow at a CAGR of 10.7% during 2020–2026.To achieve drastic growth and transformation, the Egyptian government launched an initiative to digitalize the country, i.e., the Information and Communication Strategy 2030. The ICT 2030 strategy contributes to achieving the objectives of Egypt’s Vision 2030 through building Digital Egypt. One of the prominent objectives of this initiative is to ensure cybersecurity. Furthermore, in recent years, the government has formed an autonomous Egyptian Supreme Cybersecurity Council (ESCC) to create strategies to fight back against cyber threats.
These initiatives are generating key opportunities for expansion in Egypt’s cybersecurity market.In line with Egypt’s National Cybersecurity Strategy 2022-2026, we are excited to host our 8th Edition of the CyberX Global Series and the Inaugural CyberX Egypt Summit, scheduled to take place on December 6th, 2022 in Cairo, Egypt. The event is Live in Person and will be an exclusive gathering designed to bring together esteemed thought leaders and key decision-makers from all sectors of the cybersecurity ecosystem on a single platform to connect, learn, and share best practices and positively contribute to this global transformation.