IT spending in South Africa is forecast to reach $26.6 billion in 2016, an increase of 5.1 percent from 2015, according to Gartner, Inc. While the IT market is on pace to pick up in 2016, 2015 is proving to be a difficult year for many market segments in South Africa. Spending on communications services will remain the highest overall — reaching $11 billion.
South Africa's IT market revenue is small compared with Brazil, Russia, India and China (the other four emerging BRICS markets), but its spending per capita is still very high. It’s been forecasted that IT market in Africa to grow at a CAGR of 10.42% over the period 2014-2019. Anupam who had expertise in ICT can help from organizations to nations in building IT capabilities for their own to seek a right vendor who can implement it in cost effective way. We know various Government Initiatives, policies and help you to get the answers to your following questions ….
- African ITC key market trends?
- Driving factors of market?
- Key challenges to market growth?
- Right vendors in this market space?
- What are key market opportunities?
- How to know vendors with strengths and weaknesses?
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2015 Spending 2015 Growth (%) 2016 Spending 2016 Growth (%) Devices 5,568 6.7 6294 13.1 Data Centre Systems 635 -3.2 666 4.9 Enterprise Software 1,869 -1.0 2,042 9.3 IT Services 6,311 -5.0 6,544 3.7 Communications Services 10,949 -9.1 11075 1.2 Overall IT 25,330 -4.3 26,620 5.1