South Africa Cyber Security Market (2021-27)

Market Forecast By Types (Consumer Software, Enterprise Cyber Security Products (Identity and Access Management (IAM), Data Loss Prevention (DLP), Endpoint Protection, Firewall, Intrusion Prevention System (IPS), Secure Email Gateway (SEG), Secure Web Gateway (SWG), Security Information and Event Management (SIEM), Testing, Other Software (DDoS, Risk and Compliance etc.)), Enterprise Cyber Security Services (Managed Security Services, Outsourcing, Implementation, and Hardware Support, Consulting Services)), By Verticals (Aerospace And Defense, BFSI (Banking Finance Services And Insurance), Retail, Healthcare And Hospitality, IT And Telecom, Energy And Utilities, Manufacturing, Commercial Offices, And Others) And Competitive Landscape.

Product Code: ETC060883 Publication Date: Jul 2021 Product Type: Report
Publisher: 6Wresearch No. of Pages: 79 No. of Figures: 20 No. of Tables: 6

South Africa Cyber Security Market report thoroughly covers the market by types, deployment and verticals. The market report provides an unbiased and detailed analysis of the on-going market trends, opportunities/high growth areas, key performance indicators and market drivers which would help the stakeholders to device and align their market strategies according to the current and future market dynamics.

South Africa Cyber Security Market Synopsis

South Africa cyber security market is anticipated to witness strong growth over the coming years on account of rapid growth in internet users combined with growing dependability on e-governance, IoT, commercial services and social networking that has upturned the vulnerability of both inhabitants and government to cyber criminals. However, the ongoing global pandemic COVID-19 hampered the overall economic growth of South Africa, thus, restraining the growth of the cyber security market as well.

According to 6Wresearch, South Africa Cyber Security Market size is projected to grow at CAGR of 12.9% during 2021-27.  For proper functioning and implementation of cybersecurity policy in the country, several government departments and organizations such as Centre for Scientific and Industrial Research (CSIR), the State Information Technology Agency (SITA), the State Security Agency (SSA), the South African Police Service (SAPS), the Hawks, the South African National Defence Force (SANDF), and the Department of Communications and Digital Technologies (DCDT) are working together. Such strong governmental support for sectors such as telecoms, retail, finance and health would amplify the demand for enterprise cybersecurity products, services and consumer software in the country. Based on types, enterprise cybersecurity services dominated the market revenue share in 2020 in the overall cybersecurity market owing to factors such as cost considerations, focus on core competencies, lesser time consumption and increasing share of cloud-based service model.

South Africa Cyber Security Market

Market Analysis by Verticals

Based on verticals, the BFSI dominated the market revenue share in 2020 owing to the increased spending on security solutions and services to remain prepared against any cyberattack in South Africa as the ongoing pandemic has increased the ransomware attacks on banks, and financial institutions. Further, the BFSI domain would show substantial growth in coming years on account of an increase in the number of cyber-attacks on the banking sector and growing adoption of cloud-based security solutions and mounting risk of data loss. According to the report published by South African Banking Risk Information Centre 2019, around 16,296 acts of cybercrime were done alone to banking sector thereby resulting in the loss of around $15 million and could increase in near future.

Market Analysis by Types

On the basis of types, Enterprise Cyber Security Services acquired the major revenue share in the market for the year 2020 owing to the increased number of cyber-attacks across all verticals which resulted in high demand of the services for hardware support, consultation services related to antivirus software. Additionally, the South African businesses and population faced consistent attacks during the pandemic and incurred heavy losses due to which the demand for cybersecurity services has increased in the country and the same trend is expected to continue in the coming years.

Key Attractiveness of the Report

  • COVID-19 Impact on the Market.
  • 10 Years Market Numbers.
  • Historical Data Starting from 2017 to 2020.
  • Base Year: 2020
  • Forecast Data until 2027.
  • Key Performance Indicators Impacting the Market.
  • Major Upcoming Developments and Projects.

Key Highlights of the Report

  • South Africa Cyber Security Market Overview
  • South Africa Cyber Security Market Outlook
  • South Africa Cyber Security Market Forecast, Until 2027
  • Historical Data and Forecast of South Africa Cyber Security Market Revenues, for the period 2017-2027
  • Market Drivers and Restraints
  • Porter’s Five Force Analysis
  • Market Opportunity Assessment
  • Competitive Benchmarking
  • South Africa Cyber Security Market Trends
  • South Africa Cyber Security Market Share, By Players
  • Company Profiles
  • Key Strategic Recommendation

Market Scope and Segmentation

The report provides a detailed analysis of the following market segments:

  • By Types
    • Consumer Software
    • Enterprise Cyber Security Products
      • Identity and Access Management (IAM)
      • Data Loss Prevention (DLP)
      • Endpoint Protection
      • Firewall
      • Intrusion Prevention System (IPS)
      • Secure Email Gateway (SEG)
      • Secure Web Gateway (SWG)
      • Security Information and Event Management (SIEM)
      • Testing
      • Other Software (DDoS, Risk and Compliance etc.)
    • Enterprise Cyber Security Services
      • Managed Security Services
      • Outsourcing, Implementation, and Hardware Support
      • Consulting Services
  • By Deployment
    • Cloud
    • On-Premises
  • By Verticals
    • Government and Defense
    • BFSI
    • Retail
    • Healthcare and Hospitality
    • IT and Telecom
    • Energy and Utilities
    • Manufacturing
    • Others (Water Treatment Plants, Chemical Industry etc.)

Frequently Asked Questions About the Market Study:

  • Does the report consider COVID-19 impact?
    The report not only has considered COVID-19 impact but also current market dynamics, trends and KPIs into consideration.
  • How much growth is expected in the South Africa Cyber Security Market over the coming years?
    The South Africa Cyber Security Market revenue is anticipated to record a CAGR of 12.9% during 2021-27.
  • Which segment has captured key share of the market?
    Enterprise Cyber Security Services has dominated the overall market revenues in the year 2020.
  • Which segment is exhibited to gain traction over the forecast period?
    BFSI vertical is expected to record key growth throughout the forecast period 2021-27.
  • Who are key the key players of the market?
    The key players of the market include- Norton LifeLock Inc, McAfee, Inc, Oracle Corporation, Fortinet, Inc, IBM Corporation, Cisco Systems Inc., Dell Technologies Inc, Check Point Software Technologies Ltd., Microsoft Corporation, Palo Alto Networks, Inc.
  • Is customization available in the market study?
    Yes, we can do customization as per your requirements. Please feel free to write to us sales@6wresearch.com for any customized or any other requirements
  • We also want to have market reports for other countries/regions.
    6Wresearch has the database of more than 60 countries globally, which can make us your first choice of all your research needs.

Other Key Reports Available:

  • Egypt Cyber Security Market (2017-2027F)
  • Kenya Cyber Security Market (2017-2027F)
  • Nigeria Cyber Security Market (2017-2027F)

1. Executive Summary

2. Introduction

2.1. Report Description

2.2. Key Highlights

2.3. Market Scope & Segmentation

2.4. Research Methodology

2.5. Assumptions

3. South Africa Cyber Security Market Overview

3.1. South Africa Cyber Security Market Revenues, 2017-2027F

3.2. South Africa Cyber Security Market- Industry Life Cycle

3.3. South Africa Cyber Security Market - Porter’s Five Forces

3.4. South Africa Cyber Security Market Revenue Share, By Types, 2020 & 2027F

3.5. South Africa Cyber Security Market Revenue Share, By Deployment, 2020 & 2027F

3.6. South Africa Cyber Security Market Revenue Share, By Verticals, 2020 & 2027F

4. Impact Analysis of COVID-19 on South Africa Cyber Security Market

5. South Africa Cyber Security Market Dynamics

5.1. Impact Analysis

5.2. Market Drivers

5.3. Market Restraints

6. South Africa Cyber Security Market Trends

7. South Africa Cyber Security Market Overview, By Types

7.1. South Africa Cyber Security Market Revenues, By Types, 2017-2027F

7.1.1. South Africa Cyber Security Market Revenues, By Consumer Software, 2017-2027F

7.1.2. South Africa Cyber Security Market Revenues, By Enterprise Cyber Security Products, 2017-2027F

7.1.3. South Africa Cyber Security Market Revenues, By Enterprise Cyber Security Services, 2017-2027F

7.2. South Africa Cyber Security Market Revenue Share, By Enterprise Cyber Security Product Types, 2017-2027F

7.2.1. South Africa Cyber Security Market Revenues, By Enterprise Cyber Security Product Types, 2017-2027F

7.3. South Africa Cyber Security Market Revenue Share, By Enterprise Cyber Security Service Types, 2017-2027F

7.3.1. South Africa Cyber Security Market Revenues, By Enterprise Cyber Security Service Types, 2017-2027F

8. South Africa Cyber Security Market Overview, By Deployment

8.1. South Africa Cyber Security Market Revenues, By Cloud, 2017-2027F

8.2. South Africa Cyber Security Market Revenues, By On Premises, 2017-2027F

9. South Africa Cyber Security Market Overview, By Verticals

9.1. South Africa Cyber Security Market Revenues, By Government and Defense, 2017-2027F

9.2. South Africa Cyber Security Market Revenues, By BFSI, 2017-2027F

9.3. South Africa Cyber Security Market Revenues, By Retail, 2017-2027F

9.4. South Africa Cyber Security Market Revenues, By Healthcare and Hospitality, 2017-2027F

9.5. South Africa Cyber Security Market Revenues, By IT and Telecom, 2017-2027F

9.6. South Africa Cyber Security Market Revenues, By Energy and Utilities, 2017-2027F

9.7. South Africa Cyber Security Market Revenues, By Manufacturing, 2017-2027F

9.8. South Africa Cyber Security Market Revenues, By Other Verticals, 2017-2027F

10. South Africa Cyber Security Market – Key Performance Indicators

11. South Africa Cyber Security Market - Opportunity Assessment

11.1. South Africa Cyber Security Market Opportunity Assessment, By Types, 2027F

11.2. South Africa Cyber Security Market Opportunity Assessment, By Deployment, 2027F

11.3. South Africa Cyber Security Market Opportunity Assessment, By Verticals, 2027F

12. South Africa Cyber Security Market – Competitive Landscape

12.1. South Africa Cyber Security Market Revenue Share, By Company, 2020

12.2. South Africa Cyber Security Market Competitive Benchmarking, By Operating Parameters

13. Company Profiles

   13.1 NortonLifeLock Inc

   13.2 McAfee, Inc

   13.3 Oracle Corporation

   13.4 Fortinet, Inc

   13.5 IBM Corporation,

   13.6 Cisco Systems Inc.

   13.7 Dell Technologies Inc

   13.8 Check Point Software Technologies Ltd.,

   13.9 Microsoft Corporation

   13.10 Palo Alto Networks, Inc.

14. Key Strategic Recommendations

15. Disclaimer

LIST OF FIGURES

1. South Africa Cyber Security Market Revenues, 2017-2027F ($ Million)

2. South Africa Cyber Security Market - Industry Life Cycle, 2019

3. South Africa Cyber Security Market Revenue Share, By Types, 2020 & 2027F

4. South Africa Cyber Security Market Revenue Share, By Deployment, 2020 & 2027F

5. South Africa Cyber Security Market Revenue Share, By Verticals, 2020 & 2027F

6. Compliance Process of Protection of Personal Information Act in South Africa

7. Costs of Cyber Security Software & Products

8. South Africa Cyber Security Market Revenue Share, By Enterprise Cyber Security Product Types, 20120 & 2027F

9. South Africa Cyber Security Market Revenue Share, By Enterprise Cyber Security Service Types, 2020 & 2027F

10. South Africa IT Spending Share, By Segments, 2020

11. Share of South Africa Population Using Internet, 2017 & 2021F

12. South Africa ICT Spending, 2018 & 2021F ($ Billion)

13. South Africa Secure Internet Servers, (in Thousand), 2014-2020

14. South Africa Active Internet Users (in Million) and Internet Penetration (in %), Jan 2015- Jan 2021

15. South Africa Mobile Internet Performance, March 2020- March 2021

16. South Africa Fixed Broadband Internet Performance, March 2020- March 2021

17. South Africa Cyber Security Market Opportunity Assessment, By Product Type, 2027F

18. South Africa Cyber Security Market Opportunity Assessment, By Deployment, 2027F

19. South Africa Cyber Security Market Opportunity Assessment, By Verticals, 2027F

20. South Africa Cyber Security Market Revenue Share, By Companies, 2020

LIST OF TABLES

1. South Africa Cyber Security Market Revenues, By Types, 2017-2027F ($ Million)

2. South Africa Cyber Security Market Revenues, By Enterprise Cyber Security Product Types, 2017-2027F

3. South Africa Cyber Security Market Revenues, By Enterprise Cyber Security Service Types, 2017-2027F ($ Million)

4. South Africa Cyber Security Market Revenues, By Deployment, 2017-2027F ($ Million)

5. South Africa Cyber Security Market Revenues, By Verticals, 2017-2027F ($ Million)

6. South Africa IT Spending, 2018-2020 ($ Million)

South Africa Cyber Security Market (2020-2026): Market Forecast By Product Type (Solutions (Identity & Access Management, Threat Detection & Prevention, DDoS & Mitigation, IDS, Security Information & Event Management And Others) And Services), By End-User Industry (Aerospace & Defense, Healthcare, Manufacturing, Retail, Utility, IT & Telecom And Others), By Deployment (On-Premise And Cloud) And Competitive Landscape

Nigeria Cyber Security Market (2020-2026): Market Forecast By Product Type (Solutions (Identity & Access Management, Threat Detection & Prevention, DDoS & Mitigation, IDS, Security Information & Event Management And Others) And Services), By End-User Industry (Aerospace & Defense, Healthcare, Manufacturing, Retail, Utility, IT & Telecom And Others), By Deployment (On-Premise And Cloud) And Competitive Landscape

Kenya Cyber Security Market (2020-2026): Market Forecast By Product Type (Solutions (Identity & Access Management, Threat Detection & Prevention, DDoS & Mitigation, IDS, Security Information & Event Management And Others) And Services), By End-User Industry (Aerospace & Defense, Healthcare, Manufacturing, Retail, Utility, IT & Telecom And Others), By Deployment (On-Premise And Cloud) And Competitive Landscape

Algeria Cyber Security Market (2020-2026): Market Forecast By Product Type (Solutions (Identity & Access Management, Threat Detection & Prevention, DDoS & Mitigation, IDS, Security Information & Event Management And Others) And Services), By End-User Industry (Aerospace & Defense, Healthcare, Manufacturing, Retail, Utility, IT & Telecom And Others), By Deployment (On-Premise And Cloud) And Competitive Landscape

Egypt Cyber Security Market (2020-2026): Market Forecast By Product Type (Solutions (Identity & Access Management, Threat Detection & Prevention, DDoS & Mitigation, IDS, Security Information & Event Management And Others) And Services), By End-User Industry (Aerospace & Defense, Healthcare, Manufacturing, Retail, Utility, IT & Telecom And Others), By Deployment (On-Premise And Cloud) And Competitive Landscape

Morocco Cyber Security Market (2020-2026): Market Forecast By Product Type (Solutions (Identity & Access Management, Threat Detection & Prevention, DDoS & Mitigation, IDS, Security Information & Event Management And Others) And Services), By End-User Industry (Aerospace & Defense, Healthcare, Manufacturing, Retail, Utility, IT & Telecom And Others), By Deployment (On-Premise And Cloud) And Competitive Landscape

Tunisia Cyber Security Market (2020-2026): Market Forecast By Product Type (Solutions (Identity & Access Management, Threat Detection & Prevention, DDoS & Mitigation, IDS, Security Information & Event Management And Others) And Services), By End-User Industry (Aerospace & Defense, Healthcare, Manufacturing, Retail, Utility, IT & Telecom And Others), By Deployment (On-Premise And Cloud) And Competitive Landscape

Ghana Cyber Security Market (2020-2026): Market Forecast By Product Type (Solutions (Identity & Access Management, Threat Detection & Prevention, DDoS & Mitigation, IDS, Security Information & Event Management And Others) And Services), By End-User Industry (Aerospace & Defense, Healthcare, Manufacturing, Retail, Utility, IT & Telecom And Others), By Deployment (On-Premise And Cloud) And Competitive Landscape

North America Cyber Security Market (2020-2026): Market Forecast By Components (Solutions, Services), By Offerings (Identity and Access Management, Infrastructure Security, Governance, Risk and Compliance, Unified Vulnerability Management Service, Data Security and Privacy Service And Other), By Deployments (Cloud, On-Premises), By Verticals (Aerospace and Defense, BFSI (Banking Finance Services and Insurance), Retail, Healthcare and Hospitality, IT and Telecom, Energy and Utilities, Manufacturing, Commercial Offices And Others), By Countries(United States of America, Canada & Rest of North America)And Competitive Landscape.

Middle East and Africa (MEA) Cyber Security Market (2020-2026): Market Forecast By Components (Solutions, Services), By Offerings (Identity and Access Management, Infrastructure Security, Governance, Risk and Compliance, Unified Vulnerability Management Service, Data Security and Privacy Service And Other), By Deployments (Cloud, On-Premises), By Verticals (Aerospace and Defense, BFSI (Banking Finance Services and Insurance), Retail, Healthcare and Hospitality, IT and Telecom, Energy and Utilities, Manufacturing, Commercial Offices And Others), By Countries(Saudi Arabia, United Arab Emirates, Turkey, Kuwait, Oman, Qatar, Bahrain, South Africa, Egypt, Nigeria & Rest of Middle East and Africa)And Competitive Landscape.

Latin America Cyber Security Market (2020-2026): Market Forecast By Components (Solutions, Services), By Offerings (Identity and Access Management, Infrastructure Security, Governance, Risk and Compliance, Unified Vulnerability Management Service, Data Security and Privacy Service And Other), By Deployments (Cloud, On-Premises), By Verticals (Aerospace and Defense, BFSI (Banking Finance Services and Insurance), Retail, Healthcare and Hospitality, IT and Telecom, Energy and Utilities, Manufacturing, Commercial Offices And Others),By Countries(BrazilArgentinaMexico & Rest of Latin America)And Competitive Landscape.

Europe Cyber Security Market (2020-2026): Market Forecast By Components (Solutions, Services), By Offerings (Identity and Access Management, Infrastructure Security, Governance, Risk and Compliance, Unified Vulnerability Management Service, Data Security and Privacy Service And Other), By Deployments (Cloud, On-Premises), By Verticals (Aerospace and Defense, BFSI (Banking Finance Services and Insurance), Retail, Healthcare and Hospitality, IT and Telecom, Energy and Utilities, Manufacturing, Commercial Offices And Others), By Countries(Germany, Italy, France, United Kingdom & Rest of Europe)And Competitive Landscape.

Asia Pacific (APAC) Cyber Security Market (2020-2026): Market Forecast By Components (Solutions, Services), By Offerings (Identity and Access Management, Infrastructure Security, Governance, Risk and Compliance, Unified Vulnerability Management Service, Data Security and Privacy Service And Other), By Deployments (Cloud, On-Premises), By Verticals (Aerospace and Defense, BFSI (Banking Finance Services and Insurance), Retail, Healthcare and Hospitality, IT and Telecom, Energy and Utilities, Manufacturing, Commercial Offices And Others), By Countries (IndiaChinaJapanAustraliaIndonesiaMalaysiaThailand & Rest of Asia Pacific)And Competitive Landscape.

Global Cyber Security Market (2020-2026): Market Forecast By Components (Solutions, Services), By Offerings (Identity and Access Management, Infrastructure Security, Governance, Risk and Compliance, Unified Vulnerability Management Service, Data Security and Privacy Service And Other), By Deployments (Cloud, On-Premises), By Verticals (Aerospace and Defense, BFSI (Banking Finance Services and Insurance), Retail, Healthcare and Hospitality, IT and Telecom, Energy and Utilities, Manufacturing, Commercial Offices, And Others), By Regions (North America, Europe, Asia Pacific, Latin America, Middle East & Africa) And Competitive Landscape.

 
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