How big is the South Africa Cybersecurity Market?

The South Africa Cybersecurity Market size is expected to reach USD 0.26 billion in 2024 and grow at a CAGR of 12.97% to reach USD 0.49 billion by 2029. Read More

What is the current South Africa Cybersecurity Market size?

In 2024, the South Africa Cybersecurity Market size is expected to reach USD 0.26 billion. Read More

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. Read More

What years does this South Africa Cybersecurity Market cover, and what was the market size in 2023?

In 2023, the South Africa Cybersecurity Market size was estimated at USD 0.23 billion. The report covers the South Africa Cybersecurity Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the South Africa Cybersecurity Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029. Read More

Which sectors are driving demand for the Cybersecurity Market in South Africa?

South Africa's Cybersecurity industry is driven by key sectors including government, finance, healthcare, and retail, all prioritizing cybersecurity due to rising cyber-attack incidents. Read More

South Africa Cybersecurity Market Report | Industry Analysis, Size & Forecast

Cybersecurity Market in South Africa Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)

Cybersecurity in South Africa and It is Segmented by Product by Type (Solutions and Services), by Deployment (On-Premise and Cloud), by End-User Industry (BFSI, Healthcare, Aerospace and Defense, IT and Telecommunication, Government, Retail, Manufacturing and the End-User Industries). The Market Sizes and Forecasts are Provided in Terms of Value in USD for all the Above Segments.

South Africa Cybersecurity Industry Overview

South Africa's Cybersecurity Market is moderately concentrated and dominated by major players like Palo Alto Networks Inc., Cisco Systems, Inc, Kaspersky Labs, and CyberArk And Check Point Software Technologies Ltd. These major players, with a prominent market share, are focusing on extending their overall customer base across foreign countries.

In November 2022, Vodacom Business partnered with CybSafe to provide its businesses and clients with on-demand security training and awareness access. CybSafe is mainly known for its industry-leading, customizable and behavioral-science-based cybersecurity solutions. Now, Vodacom Business clients can download the CybSafe app onto their mobile devices and utilize it to gain cybersecurity compliance while improving the security behaviors of their employees.

In August 2022, Vodacom and Microsoft South Africa collaborated to train around twenty interns around the significance of cybersecurity. Vodacom is keen to play a crucial role in addressing cyber skills scarcity in South Africa, with cybersecurity a vital threat for businesses, governments, and individuals worldwide.