Content area

Abstract

South Africa IT market performance over the last four years has been robust, with impressive pent-up demand being unlocked in the aftermath of the acute phase of Covid-19. Heading into 2025, we retain a strong growth outlook with room for organic growth. The market will record strong annual growth supported by demand for IT solutions among businesses and public sector trend up in line with low uptake rates across various enterprise verticals. We expect businesses to buy more cloud-based services to improve processes, increase efficiency and cut costs. The IT services market will benefit from the growing demand for advanced data services, cloud technology and e-commerce. However, growth could be affected by ongoing economic challenges like unemployment, currency pressures and energy issues. Global geopolitical concerns could derail trade and commodity prices and weigh on investor sentiment.

Details

1007133
Location
Title
South Africa Information Technology Report - 2025
First page
1
Publication year
2025
Publication date
2025
Publisher
Fitch Solutions Group Limited
Place of publication
London
Country of publication
United Arab Emirates
Publication subject
Source type
Report
Language of publication
English
Document type
Industry Report
Document feature
Industry risk; Industry financials
ProQuest document ID
3127475372
Document URL
https://www.proquest.com/reports/south-africa-information-technology-report-2025/docview/3127475372/se-2?accountid=208611
Copyright
Copyright 2024 Business Monitor International. All rights reserved
Last updated
2024-11-18
Database
ProQuest One Academic