Africa Corporate Wellness Market, by End User, 2018-2027
| Label | On-Premise | Cloud |
|---|---|---|
| 2016 | 153.4368447 USD Mn | 119.0975153 USD Mn |
| 2017 | 164.8644204 USD Mn | 128.422886 USD Mn |
| 2018 | 177.4719858 USD Mn | 138.7363102 USD Mn |
| 2019 | 193.1732056 USD Mn | 151.5494897 USD Mn |
| 2020 | 211.0353848 USD Mn | 166.1546729 USD Mn |
| 2021 | 233.0814277 USD Mn | 184.1692316 USD Mn |
| 2022 | 258.361795 USD Mn | 204.8765629 USD Mn |
| 2023 | 288.1917598 USD Mn | 229.3520309 USD Mn |
| 2024 | 323.4821615 USD Mn | 258.3633399 USD Mn |
| 2025 | 363.739175 USD Mn | 291.5631572 USD Mn |
Data Source: Wantstats Repository
Market Dynamics
on premise segment accounted for the larger market share in 2018, this market is expected to reach USD 363.74 Million in 2025 from USD 177.47 Million in 2018. This market is projected to grow at a CAGR of 11.12% during the forecast period from 2019 - 2025. However, cloud segment is the fastest growing market, which is expected to grow at a CAGR of 11.52% during the forecast period 2019 - 2025.
Research Methodology
Figures reflect Wantstats’ original market research and forecasting models, compiled as part of the Wantstats research archive and published in 2023.
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