SA Cybersecurity Services Report 2025

 

Market focus

The purpose of this research study is to investigate major factors that impact the South African Cybersecurity Services market, including the key trends, drivers and challenges that inhibit this market.

The research study also aims to determine an estimated size of the Cybersecurity Services market in South Africa, and forecast expenditure over the next five years.

Key questions answered

What is the size of the SA Cybersecurity Services market, segmented by each technology sector?

What are the business expectations within the SA Cybersecurity market?

Which are the key business drivers and inhibitors within the SA Cybersecurity market?

Market modelling

A baseline estimate of total 2024 IT services revenues was done by means of ‘ROM’ modelling, using the BMIT IT Services market model as base, and applying an estimated percentage attributable to Cybersecurity Services in each IT services category, based on the interviews conducted with industry players.

Methodology

The research methods used by BMIT for this report represent market data acquired and defined based on a number of proprietary and public sources, both primary and secondary, followed by further analysis and forecasting.

Primary research

The report is a compilation of quantitative and qualitative analysis, based on online interviews with leaders of various IT companies in South Africa, and secondary research sources.

To inform the market sizing model, initial estimates of market size and splits based on secondary sources were provided by BMIT during the interviews, and thereby confirmed or revised.

Table of Contents

Global Market Overview
  • Global Cybersecurity Market Size
  • The Cost of Cybercrime
  • Post-Breach Security Investment Trends
  • Factors that increase or decrease breach costs
  • Cybercrime by region and industry according to X-Force
  • Cybercrime by region according to X-Force
  • Top actions on objectives 2024 (IBM X-Force)
  • Top initial access vectors 2024 (IBM X-Force)
  • Phishing Activity Trends
International trends
  • The Increasing Role of Artificial Intelligence (AI) on Cybersecurity
  • The Growing Threat of Ransomware and Extortion
  • The Increasing Sophistication of Cyber Attacks
  • The Rise of State-Sponsored Hacktivism
  • The Growing Importance of Cloud Security
  • The Increasing Importance of Identity & Access Management (IAM)
  • The Increasing Focus on Regulatory Compliance
Overview of Local Market
  • Cyber attacks in South Africa
Key Local Drivers
  • Local market drivers in Cybersecurity
  • Threat Landscape
  • Incident Response and Preparedness
  • Cloud Security, Hybrid, and Multi-Cloud Environments
  • Zero Trust Network Access (ZTNA)
  • Regulatory Compliance and Enforcement
  • Managed Security Services (MSS)
  • Automation and AI
Key Local Challenges
  • The cost of cybercrime in South Africa
  • Local Cybersecurity Key Challenges
  • Skills Shortage and Retention
  • Budget Constraints and Cost Consolidation
  • Vendor Landscape and Market Fragmentation
  • Organisational Culture and Awareness
  • Attack Surface Management
  • IoT and OT Security
Key Local Trends
  • Local Cybersecurity trends
  • Industry Consolidation
  • Cyber Insurance
  • Cybersecurity Mesh Architecture and Integrated Platforms
  • Quantum Computing
  • Data protection in Multi-Cloud environments
  • Increased attention on the Dark Web
  • Cybersecurity Market Maturity
Local Market Size Estimates and Forecast
  • ROM Market sizing estimate and forecast
  • Cybersecurity technology deployment forecast
  • Cybersecurity Vertical market split estimates
  • Cybersecurity Market Company Size split
Selected Company Profiles
Case Studies
Related research
  • BMIT SA IT Services Market Report 2024
  • BMIT SA ICT Market Sizing and Forecast Report 20245
  • BMIT SA IoT Market Report 2024
  • BMT SA Cloud Market Report 2024
Deliverables and format
  • Rich narrative PowerPoint descriptive document and excel workbook
  • Online presentation (in PowerPoint format)

Further information

For further information and details on how to subscribe to this research please contact Anita Mathews on 011 540 8000 | 082 466 2317 | anita@bmit.africa

For more information on BMI-T and our research and consulting services please visit www.bmit.africa