Market Insights Technology Cybersecurity Cyber Solutions

Cloud Security - Zambia

Zambia

The projected revenue for the Cloud Security market in Zambia is expected to reach US$269.90k in 2025.
This indicates a strong growth potential in the country's cloud security sector.
It is further estimated that the market will experience an annual growth rate (CAGR 2025-2029) of 28.20%, resulting in a market volume of US$729.10k by 2029.
This growth trajectory highlights the increasing demand for cloud security solutions in Zambia.
Moreover, when examining the average Spend per Employee in the Cloud Security market, it is projected to reach US$0.04 in 2025.
This metric showcases the level of investment made by companies in Zambia to ensure robust cloud security measures are in place.
By allocating resources to protect their digital infrastructure, businesses are acknowledging the importance of safeguarding their data and operations.
In a global comparison, it is worth noting that United States is expected to generate the highest revenue in the Cloud Security market, reaching a staggering US$1,142.0m in 2025.
This demonstrates the dominance of the United States in this market segment, given its advanced technological infrastructure and significant investments in cloud security.
Overall, the projected revenue and growth rates in the Cloud Security market in Zambia highlight the country's increasing awareness of the importance of protecting digital assets.
With the market expected to expand significantly in the coming years, it presents lucrative opportunities for both local and international players to capitalize on the growing demand for cloud security solutions in Zambia.
Zambia's increasing focus on strengthening cybersecurity measures is driving the demand for cloud security solutions in the market.

Key regions: Canada, Chile, Brazil, Spain, Germany

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Methodology

Data coverage:

Data encompasses B2C, B2B and B2G enterprises. Figures are based on security spending excluding VAT and the number of cyberattacks.

Modeling approach / Market size:

Market sizes are determined by a combined top-down and bottom-up approach, based on a specific rationale for each market segment. As a basis for evaluating markets, we use annual financial statements of the market-leading companies and industry associations, national statistical offices, and specific countries’ security organizations (e.g., German Cyber Security Council, Canadian Centre for Cyber Security). Furthermore, we use relevant key market indicators and data from country-specific associations, such as GDP and internet penetration. This data helps us to estimate the market size for each country individually.

Forecasts:

In our forecasts, we apply diverse forecasting techniques. The selection of forecasting techniques is based on the behavior of the particular market. Possible techniques are, for example, exponential trend smoothing and the autoregressive integrated moving average (ARIMA) forecasting algorithm. The main drivers are GDP, internet users, level of digitization, and consumer attitude towards data and IT security.

Additional notes:

Data is modeled using current exchange rates. The market is updated twice per year in case market dynamics change. The impact of the COVID-19 pandemic is considered at a country-specific level.