Top Companies in South Africa Cybersecurity Market
This report lists the top South Africa Cybersecurity companies based on the 2023 & 2024 market share reports. Mordor Intelligence expert advisors conducted extensive research and identified these brands to be the leaders in the South Africa Cybersecurity industry.
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Check Point Software Technologies Ltd
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CyberArk
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Kaspersky Labs
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Cisco Systems, Inc
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Palo Alto Networks Inc.
*Disclaimer: Top companies sorted in no particular order
South Africa Cybersecurity Market Concentration
South Africa Cybersecurity Company List
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1. INTRODUCTION
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1.1 Study Assumptions and Market Definition
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1.2 Scope of the Study
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2. RESEARCH METHODOLOGY
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3. EXECUTIVE SUMMARY
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4. MARKET INSIGHTS
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4.1 Market Overview
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4.2 Value Chain Analysis
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4.3 Porter's Five Forces Analysis
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4.3.1 Threat of New Entrants
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4.3.2 Bargaining Power of Buyers
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4.3.3 Bargaining Power of Suppliers
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4.3.4 Threat of Substitutes
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4.3.5 Intensity of Competitive Rivalry
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4.4 Impact of Covid-19 on the Market
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5. MARKET DYNAMICS
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5.1 Market Drivers
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5.1.1 Increasing Demand for Digitalization and Scalable IT Infrastructure
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5.1.2 Need to tackle risks from various trends such as third-party vendor risks, the evolution of MSSPs, and adoption of cloud-first strategy
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5.2 Market Restraints
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5.2.1 Lack of Cybersecurity Professionals
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5.2.2 High Reliance on Traditional Authentication Methods and Low Preparedness
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5.3 Trends Analysis
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5.3.1 Exponential growth to be witnessed in cloud security owing to shift toward cloud-based delivery model.
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6. MARKET SEGMENTATION
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6.1 By Offering
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6.1.1 Security Type
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6.1.2 Services
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6.2 By Deployment
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6.2.1 Cloud
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6.2.2 On-premise
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6.3 By End-User
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6.3.1 BFSI
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6.3.2 Healthcare
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6.3.3 Manufacturing
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6.3.4 Government & Defense
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6.3.5 IT and Telecommunication
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6.3.6 Other End-Users
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7. COMPETITIVE LANDSCAPE
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7.1 Company Profiles
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7.1.1 International Business Machine Corporation (IBM)
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7.1.2 NEC Corporation
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7.1.3 Cisco Systems, Inc
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7.1.4 Palo Alto Networks Inc.
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7.1.5 Kaspersky Labs
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7.1.6 Symantec Corporation
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7.1.7 Dell Technologies Inc.
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7.1.8 Check Point Software Technologies Ltd.
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7.1.9 Symantec Corporation
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7.1.10 FireEye, Inc.
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7.1.11 CyberArk
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7.1.12 DXC Technology
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7.1.13 F5 Networks
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- *List Not Exhaustive
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8. INVESTMENT ANALYSIS
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9. FUTURE OF THE MARKET
Specific to South Africa Cybersecurity Market
Competitive Landscape Report Includes
Company Profiles (includes Global Level Overview, Market Level Overview, Core Business Segments, Financials, Headcount, Key Information, Market Rank, Market Share, Products and Services, and Analysis of Recent Developments). Key Strategic Moves, Market Share Analysis, Company Landscape, and List of Companies.
South Africa Cybersecurity Market Companies Summary
The South African cybersecurity market is experiencing significant growth due to the rapid digitalization across various sectors, including banking, financial services, and the government sector. The surge in cyber-attacks has prompted a need for robust cybersecurity measures, making personal, commercial, and financial data more vulnerable. The lack of cybersecurity laws and regulations in many African countries has increased the vulnerability to cybercrime, driving the demand for cybersecurity services. However, challenges such as a lack of professionals in the field, high reliance on traditional authentication methods, and low preparedness may restrict market growth. The outbreak of COVID-19 has led to the adoption of advanced automation in workplaces, signifying a digital revolution. This has pushed businesses to leverage data to gain insight and become more competitive. The IT and telecommunication sectors are witnessing significant adoption of cybersecurity measures due to the growing trend of moving towards cloud-based systems. The demand for cybersecurity is expected to increase exponentially with the rise in cloud adoption. Major players in the market are focusing on extending their customer base across foreign countries. Collaborations and partnerships to provide cybersecurity training and awareness are also being undertaken to address the scarcity of cyber skills.
Explore MoreSouth Africa Cybersecurity Companies - Table of Contents
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1. COMPETITIVE LANDSCAPE
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1.1 Company Profiles
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1.1.1 International Business Machine Corporation (IBM)
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1.1.2 NEC Corporation
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1.1.3 Cisco Systems, Inc
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1.1.4 Palo Alto Networks Inc.
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1.1.5 Kaspersky Labs
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1.1.6 Symantec Corporation
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1.1.7 Dell Technologies Inc.
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1.1.8 Check Point Software Technologies Ltd.
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1.1.9 Symantec Corporation
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1.1.10 FireEye, Inc.
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1.1.11 CyberArk
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1.1.12 DXC Technology
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1.1.13 F5 Networks
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- *List Not Exhaustive
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South Africa Cybersecurity Companies FAQs
Who are the key players in South Africa Cybersecurity Market?
Check Point Software Technologies Ltd, CyberArk, Kaspersky Labs, Cisco Systems, Inc and Palo Alto Networks Inc. are the major companies operating in the South Africa Cybersecurity Market.