Oman Cybersecurity Market to Reach $214 Million: Key Growth Opportunities for Investors and Entrepreneurs
MUSCAT, JUNE 14 — Oman’s cybersecurity market is forecasted to reach $214.27 million by 2031, driven by ongoing digital transformation, data residency regulations, and the growth of locally developed cyber solutions, according to the Cybersecurity Market and Investment Report 2026.
The report, developed collaboratively by the Ministry of Transport, Communications and Information Technology, Oman National CERT, the Hadatha Cybersecurity Industry Programme, and Invest Oman, projects the domestic market to grow from $135.33 million in 2025 to $146.12 million in 2026. It anticipates a compound annual growth rate (CAGR) of 7.97% through 2031.
Oman is strategically positioning cybersecurity beyond a protective service, viewing it as a significant economic sector linked to investment, innovation, job creation, and export opportunities. Dr. Ali al Shidhani, Under-Secretary of the Ministry of Transport, Communications and Information Technology for Communications and Information Technology, emphasized that “The Sultanate of Oman is rapidly emerging as a regional leader in cybersecurity,” propelled by Oman Vision 2040 and the National Digital Economy Programme.
The report highlights Oman’s achievement of a Tier 1 global ranking in cybersecurity readiness. It credits the Hadatha programme with transforming the local cybersecurity landscape from primarily service-oriented to a model fueled by innovation and exportable expertise.
Since Hadatha’s launch, the number of local cybersecurity companies has grown from 16 in 2020 to 48 during the 2021-2025 programme period. In total, 56 companies now provide cybersecurity services in Oman, comprising 34 local and 22 international firms. Accredited cybersecurity service providers have increased from four in 2021 to 11 by the end of 2025.
Furthermore, the report identifies 17 indigenous cybersecurity products and notes that three local companies have secured international accreditation. These developments signal a maturing ecosystem expanding into product development, certification, and specialized services, moving beyond consultancy and managed service models.
Eng Badar al Salehi, Director-General of Oman National CERT, remarked, “Oman has pioneered the region’s first national programme dedicated to cybersecurity industry development, strategically shifting the paradigm from purely defensive measures to cybersecurity as a core economic enabler.”
Human capital remains vital in this sector’s growth. Currently, 18 academic institutions in Oman offer cybersecurity majors, with 445 students enrolled and 1,870 individuals seeking employment in the field. Over five years, Hadatha has benefited approximately 13,000 participants through training, events, workshops, and competitions.
Between 2021 and 2025, Hadatha accomplished 36 approved initiatives, hosted 120 events and workshops, supported six new startups, published 36 frameworks and studies, facilitated 32 memorandums of cooperation, won two international awards, and established three cybersecurity industry centers.
Looking ahead, the 2026–2030 phase aims to develop 15 local cybersecurity products, establish eight new local companies, and increase cybersecurity job and income opportunities by 28%. This phase will be executed via eight strategic tracks and 22 initiatives focused on capability building, startup incubation, product innovation, investment stimulation, digital trust, partnerships, and performance excellence.
The report also notes growing demand for managed detection and response, vulnerability assessment, and penetration testing services, particularly among large enterprises and ICT firms. It encourages private sector collaboration with locally accredited cybersecurity providers to enhance digital sovereignty and reduce operational costs.
On the global scale, the cybersecurity market is expected to expand from $301.91 billion in 2025 to $878.48 billion by 2034. This growth presents significant opportunities for Oman to capture a larger share of regional demand through bolstered domestic capabilities, investment incentives, and export-ready services.
Special Analysis by Omanet | Navigate Oman’s Market
Oman’s burgeoning cybersecurity market, projected to reach $214.27 million by 2031 with a near 8% CAGR, presents significant opportunities for businesses to innovate and export cutting-edge cyber solutions. Entrepreneurs and investors should focus on leveraging Oman’s strong government backing, growing local expertise, and international accreditations to capitalize on increasing regional demand while contributing to the Sultanate’s digital sovereignty. The strategic pivot toward cybersecurity as an economic enabler highlights the importance of partnerships with accredited local firms and investment in human capital to sustain long-term growth and competitive advantage.
