Africa Cyber Security Market worth $2.32 Billion by 2020 – Reports by MarketsandMarkets™

Posted January 23, 2019 by hiteshpawar7359

Africa Cyber Security Market size is expected to grow from $0.92 Billion to $2.32 Billion at a Compound Annual Growth Rate (CAGR) of 20.41%

According to the new market research report “Africa Cyber Security Market by Solution (IAM, Risk and Compliance Management, IDS/IPS, Encryption, Antivirus and Antimalware, Firewall, DLP, UTM, Security and Vulnerability management, Disaster Recovery and Business Continuity, DDOS Mitigation, Web Filtering) by Service, by Verticals, by Country - Global forecast to 2020”, defines and segments the cyber security market in Africa into different sub-segments with an in-depth analysis and market size estimation. It also identifies the drivers and restraints for this market with in-sights on trends and opportunities.

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[146-Pages Report] The Africa cyber security market is estimated to grow from $0.92 Billion in 2015 to $2.32 Billion by 2020, at a compound annual growth rate (CAGR) of 20.41% from 2015 to 2020.

Browse and in-depth TOC on " Africa Cyber Security Market "
67 - Tables
45 - Figures
146 - Pages

MarketsandMarkets has broadly segmented the Africa cyber security market by sub-segment: network security, endpoint security, content security, application security, industrial control system security, and cloud security; by solution: identity and access management, risk and compliance management, IDS/IPS, encryption, antivirus and antimalware, firewall, data loss protection, UTM, security and vulnerability management, disaster recovery and business continuity, DDoS mitigation, web filtering, and others; by service: consulting, design and integration, risk and threat assessment, managed security service, and training and education; by vertical: Banking Financial Services, and Insurance (BFSI), aerospace, defense, and intelligence, government, energy and utilities, manufacturing, retail and wholesale distribution, telecommunication, transportation, and other verticals; and by country Kenya, South Africa, Nigeria, Morocco, and others.
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The major force driving this market is expected to be the increasing focus on government regulations and compliance requirements and penetration of mobile devices and internet subscription. The enterprises across the region are expected to start investing in cyber security projects in the coming years as the African region has been facing continuous sophisticated cyber-attacks.

The Africa cyber security market is estimated to grow from $0.92 Billion in 2015 to $2.32 Billion by 2020, at a compound annual growth rate (CAGR) of 20.41% from 2015 to 2020. On the basis of countries, South Africa is expected to be the largest market in terms of market size, while emerging economies like Morocco and Nigeria are expected to experience increased market traction with high CAGRs during the forecast period.

To know about the assumptions considered for the study, Download the PDF Brochure
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Issued By MarketsandMarkets™ INC.
Business Address 630 Dundee Road Suite 430
Country United States
Categories Research , Security , Technology
Tags Africa Cyber Security Market , cyber security
Last Updated January 23, 2019