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The IoT market in Africa is set to experience significant growth in the coming years. By 2024, revenue in this market is projected to reach a staggering US$16.82bn.
Jun 22, 2023 · An overview of the strategies taken by operators to increase IoT revenue; Growth in IoT revenue compared to its proportion of total mobile revenue; Factors driving growth in IoT connections and how the number of connections differs by region; This report is based on our IoT/M2M revenue and connections tracker 4Q 2022.
May 27, 2021 · On a global scale, IDC predicts that by 2025 there will be 55.7 billion connected devices in circulation, 75% of which will be connected to an IoT platform. The African and Middle East IoT market is second only to Asia-Pacific in its rate of IoT growth, which will unleash a host of economic benefits. According to GlobalData, IoT revenue in the ...
For detailed insights, Mordor Intelligence™ offers a comprehensive analysis of the South Africa cybersecurity market share, size, and revenue growth rate, including a market forecast outlook and historical overview.
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. Market Analysis By Verticals.
It’s being expected that by 2030, the Africa Cyber Security market cap will hit USD 19.79 Billion at a CAGR growth of about 14.35%. The expanding number of mobile workers, cloud system adoption, and Advanced Persistent Threats (APTs) all give cyber security suppliers with a wide range of opportunities in the industry.
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Sep 6, 2023 · Mobile operators’ IoT revenue grew steadily by a weighted average 1 of 24% in 2022, up from 16% in 2021 (see Analysys Mason’s IoT/M2M revenue and connections tracker). During the same period, the number of IoT connections grew by a weighted average of 26% in 2022, from 23% in 2021.
