The number of cyber-attacks continues to rise rapidly in the African region. Most of the cyber-attacks that occur in Africa are generally Distributed-Denial-Of-Service (DDoS) attacks and website defacement. With the advancement of such attacks, government and enterprises are collaborating to implement strict laws and regulations to secure their critical networks.
The major force driving this market is the increasing focus on government regulations and compliance. Over the next five years, the market for Africa cyber security market is expected to become highly persistent across its ecosystem, and penetrate the market to a huge extent, covering all geographical territories.
Banking, financial services and insurance (BFSI), and energy and utilities have significantly increased their spending on the solutions and services. This rise in the global spending for solutions and services has boosted the market opportunities for the companies providing cyber security solutions.
The report also analyzes the market drivers, restraints, and opportunities along with a study on the top key players. The report provides key insights into the current trends and best practices in the Africa cyber security market.
The report brings out the potential across various countries such as Kenya, South Africa, Nigeria, Morocco, and others. The Africa cyber security market is further segmented into each country market by sub-segment, solution, vertical, and service.