Kenya’s cyber security market is expected to grow from $380 million to $516 million in 2022. Businesses will focus on more advanced services such as intruder detection and business & consumers will look to improve mobile end-point security.
Kenya’s digital services market is expected to grow from $2.34 billion to $5.15 billion in 2022. FinTech services are predicted to become increasingly important. The cloud computing market also contributes significantly, led by PaaS offerings.
Kenya’s Telecommunications market is expected to grow from $2.74 billion to $3.49 billion in 2022. Growth is predicted to be driven by rapidly increasing demand for mobile data as businesses and consumers increasingly rely on these devices.
See more insight via Frost & Sullivan here.