How big is the South Africa ICT Market?

The South Africa ICT Market size is expected to reach USD 36.81 billion in 2024 and grow at a CAGR of 7.90% to reach USD 53.85 billion by 2029. Read More

What is the current South Africa ICT Market size?

In 2024, the South Africa ICT Market size is expected to reach USD 36.81 billion. Read More

Who are the key players in South Africa ICT Market?

IBM Corporation, Unisys, Microsoft, Vodacom South Africa and Telkom SA SOC Limited are the major companies operating in the South Africa ICT Market. Read More

What years does this South Africa ICT Market cover, and what was the market size in 2023?

In 2023, the South Africa ICT Market size was estimated at USD 33.90 billion. The report covers the South Africa ICT Market historical market size for years: 2022 and 2023. The report also forecasts the South Africa ICT Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029. Read More

What future trends are expected to shape the South Africa ICT Market?

Future trends in the South Africa ICT Market include: a) Increasing importance of Artificial Intelligence and machine learning b) Expansion of IoT applications c) Growing focus on cybersecurity and data protection Read More

What future trends are expected to shape the South Africa ICT Market?

Future trends in the South Africa ICT Market include: a) Increasing importance of Artificial Intelligence and machine learning b) Expansion of IoT applications c) Growing focus on cybersecurity and data protection Read More

South Africa ICT Market Size & Share Analysis - Industry Research Report

South Africa ICT Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)

South Africa ICT Market Report is Segmented by Type (Hardware, Software, IT Services, and Telecommunication Services), Size of the Enterprise (Small and Medium Enterprises and Large Enterprises), and Industry Vertical (BFSI, IT and Telecom, Government, Retail and E-Commerce, Manufacturing, Energy and Utilities, and Other Industry Verticals). The Market Sizes and Forecasts are Provided in Terms of Value (USD) for all the Above Segments.

South Africa ICT Industry Overview

The South African ICT market is currently fragmented, with numerous players vying for a higher market share. Leading companies, including IBM Corporation, Wipro, and Vodacom South Africa, are actively pursuing advancements. Notably, these firms are forging collaborations to extend their reach into developing regions, solidifying their market presence. Other significant players in this landscape include Telkom SA and MTN South Africa.

In January 2024, Google launched its inaugural Africa Cloud region in Johannesburg, South Africa, making it operational for customers. This move enabled businesses across the continent to tap into Google's high-performance, secure, and low-latency cloud services. Google plans to host an event in Johannesburg later in the year, showcasing the region's transformative capabilities for African businesses.
In April 2024, the South African antitrust agency stated that it was poised to launch an investigation into Microsoft, specifically focusing on its cloud computing licensing practices. The South African probe into Microsoft is expected to closely resemble the antitrust case pursued by the European Union.