According to Amac News: Anxinsec added in an announcement that this company has chosen the Emirates as the launch pad for its next phase. According to the company, this decision was made in collaboration with the Abu Dhabi Investment Authority (ADIO).
With the establishment of its global headquarters in Abu Dhabi, Anxinsec will operate in a city known globally for its advanced cyber security infrastructure, where prominent technology players such as Amazon Web Services (AWS) and Microsoft operate.
The global cybersecurity industry is expected to grow from USD 190.4 billion in 2023 to a market value of USD 298.5 billion by 2028 at a CAGR of 9.4%.
The UAE cyber security industry is also expected to reach USD 1.07 billion by 2029, with a current value of USD 0.54 billion, at a CAGR of 12.72%.
On the other hand, the UAE continues to expand its cyber security capabilities with targeted investments in cloud security, endpoint protection and data loss prevention solutions, welcoming businesses focused on digital security.
Anxinsec has already partnered with local government agencies, including the UAE Cyber ​​Security Council, to join the next wave of cyber security innovations that are spreading across the region.