Market Insights Technology Cybersecurity Security Services

Managed Services - Zimbabwe

Zimbabwe

The Managed Services market in Zimbabwe is expected to witness a significant growth in revenue, with projections indicating that it will reach a staggering US$4.10m by 2025.
Furthermore, the market is anticipated to showcase a promising annual growth rate of 1.26% between 2025 and 2029, resulting in a market volume of US$4.31m by the end of the latter year.
Moreover, when analyzing the average Spend per Employee in the Managed Services market, it is estimated to reach US$0.60 in 2025.
This indicates the level of investment and resources allocated per employee within the industry.
In terms of global comparison, it is noteworthy that United States is projected to generate the highest revenue in the Managed Services market, with an expected value of US$10,600.0m in 2025.
This further solidifies United States' dominant position within the industry.
As a journalist with deep knowledge about history, facts, and insights, I can provide you with a country-specific statement about current trends in the Managed Services market in Zimbabwe: Zimbabwe's Managed Services market is experiencing a steady growth as businesses seek efficient IT solutions to enhance their operations.

Key regions: India, Germany, Canada, Europe, Belgium

Market

Region

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Currency

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.