Mordor Intelligence: Morocco’s Cybersecurity Market to Reach $238 Million by 2031 - Morocco World News

Agadir – Morocco’s cybersecurity industry is entering a sustained growth phase, supported by national digital ambitions, regulatory reforms, and rising threat awareness, according to the Mordor Intelligence report.  Market analysis conducted by Mordor Intelligence valued Morocco’s cybersecurity sector at USD 144.57 million in 2025. According to the analysis, the sector is projected to grow from USD 157.11 million in 2026 to USD 238.12 million by 2031, registering a compound annual growth rate (CAGR) of 8.67% between 2026 and 2031. This expansion reflects Morocco’s strategy to position itself as a pan-African digital hub under the Digital Morocco 2030 program, a multi-year government initiative focused on secure connectivity, hybrid-cloud adoption, and critical infrastructure protection. Digital Morocco 2030 includes plans to issue secure digital IDs to all citizens and aims to create 240,000 tech jobs by 2030. Pilot projects in Casablanca, Rabat, and Marrakech indicate that identity-and-access management (IAM) platforms, cloud key-management services, and compliance-monitoring tools will form the backbone of enterprise security architectures in the coming years. Morocco cybersecurity market growth  In 2025, cybersecurity solutions, including firewalls and identity-management tools, dominated Morocco’s market, generating 63.48% of total revenue.  Over the next several years, managed security services (MSS), such as outsourced monitoring, threat detection, and incident response, are set to grow the fastest, with a projected CAGR of 15.23% through 2031.  Mordor Intelligence’s report showed that deployment trends are also shifting. Cloud-based deployments are expanding rapidly, and they are expected to achieve a 17.42% CAGR through 2031. Driving this trend are enterprises and government ministries adopting hybrid-cloud architectures, the report found.  “The Morocco cybersecurity market size related to cloud security controls is forecast to reach USD 84.6 million by 2031,” it noted. Large enterprises currently account for the majority of cybersecurity spending, with 71.83% of the market in 2025. However, small and medium-sized enterprises (SMEs) are growing faster, projected at a 15.67% CAGR. Banking, financial services, and insurance (BFSI) lead the market across industry verticals, contributing 25.10% of total revenue in 2025 due to strict regulatory and data-protection requirements.  At the same time, healthcare is emerging as the fastest-growing sector, with a 16.74% CAGR. The report attributed this growth to the rapid expansion of digital health services and rising demand for secure patient-data management. “The Morocco cybersecurity market size for healthcare is projected to grow from USD 12.45 million in 2026 to USD 26.9 million in 2031,” it added. Tags: cybersecurity market growthMorocco’s Cybersecurity Market