South Africa IT Industry Report 2024: Competitive Environment, Local and International Influencing Factors, Outlook, Industry Associations

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Mar 22, 2024, 11:45 ET

DUBLIN, March 22, 2024 /PRNewswire/ -- The "The IT Industry in South Africa 2024" report has been added to ResearchAndMarkets.com's offering.

Demand for software and hardware products is expected to remain strong. This includes demand for digital transformation solutions as businesses use technology and innovation to re-invent and improve their operations. Growth will also come from cybersecurity services, local service providers offering value-added cloud computing services, and the development of fintech services.

This report focuses on the information technology (IT) industry, including hardware manufacturing, assembly, and supply; software development and supply; and retail sales of hardware and software. It includes information on the size, state and economic contribution of the industry and trends including digital transformation, cloud computing, fintech, ecommerce and cybersecurity.

It includes information on corporate actions, trade, government's procurement and IT spend, corruption and competition issues. There are profiles of 102 companies including notable players such as Adapt It, Altron, 4Sight Holdings, Datatec, Mustek, and EOH, major international players such as Microsoft, IBM and Dell and retailers such as Takealot. Local cloud service providers include Synthesis, BlueSky (which provides cloud consultancy services for Salesforce), AWS, Tableau, and Alteryx products, and Obsidian.

Trends

Demand is growing for the use of big data, robotics, cloud computing, IoT and AI solutions. Emerging technologies drive demand for innovative solutions and digital transformation services. Financial regulation and security concerns drive demand for compliant and secure financial transactions. Hybrid remote and office work. Increasing interest in green technology or more efficient IT hardware. Increasing risk of cybercrime drives demand for secure IT solutions. IT workloads are shifting to the cloud, and large IT companies are managing clients' shift to the cloud. There is growing demand for fintech solutions driven by the growth in ecommerce and the adoption of mobile technology.

Challenges

Delayed implementation of vital projects such as digital migration and SA Connect and development of appropriate policies and regulations.

Extreme shortage of professional skills to offer existing services and keep pace with new developments, resulting in a reliance on external and imported skills. Fallout from IT company involvement in procurement irregularities. Government's fiscal challenges have led to delays in some IT projects. Hardware retailers have been negatively affected by ports delays.

High cost of importing ICT hardware, software, and services due to exchange rate. Loadshedding. Network and ICT readiness are not as high as they should be. Reliance on imported products. Security threats from increasing cybercrime and a lack of associated skills. The slowing economy, which reduces IT spending by companies and the government.

Introduction

While the burst of growth in the IT sector during the pandemic has dissipated, demand for software and hardware products is expected to remain strong. Demand will be driven by digital transformation at companies and the adoption of technologies such as artificial intelligence and the internet of things, which require stronger computing power.

Loadshedding has had positive and negative effects on the IT industry as it has led to a surge in demand for inverters, solar panels, and batteries, but affected the rollout of data centres, which are energy intensive. Other challenges include the global shortage of IT skills, delays in state ICT initiatives and IT projects and a slowdown of venture capital funding to startups, all of which have put a brake on IT spending.

Opportunities

Cloud computing value-added services.

Demand for cybersecurity products. Development of smart cities and provinces and a large number of e-services such as e-learning, e-payments, e-governance, and e-commerce. Ecommerce Fintech products and solutions. Green technology or more efficient IT hardware. Tech products and solutions developed by innovative tech startups. The digital transformation trend is fuelling growth for IT products and services.

Key Topics Covered:

1. INTRODUCTION

2. DESCRIPTION OF THE INDUSTRY
2.1 Industry Value Chain
2.2 Geographic Position
2.3 Size of the Industry

3 LOCAL
3.1 State of the Industry
3.2 Key Trends
3.3 Key Issues
3.4 Notable Players
3.5 Trade
3.6 Corporate Actions
3.7 Regulations
3.8 Enterprise Development and Social Development

4 AFRICA

5 INTERNATIONAL

6 INFLUENCING FACTORS
6.1 Economic Environment
6.2 Labour
6.3 Environmental Issues
6.4 Technology, R&D, Innovation
6.5 Government Procurement
6.6 Cybersecurity
6.7 Loadshedding
6.8 Corruption
6.9 Rising Inputs

7 COMPETITIVE ENVIRONMENT
7.1 Competition
7.2 Ownership Structure of the Industry
7.3 Barriers to Entry

8 INDUSTRY SUMMARY

9 OUTLOOK

10 INDUSTRY ASSOCIATIONS

11 . REFERENCES
11.1 Publications
11.2 Websites

APPENDIX 1 - Computer and Related Activities

APPENDIX 2 - Wholesale and Retail of Laptops, Desktops and Peripherals

COMPANY PROFILES - Computer and Related Activities

4Sight Holdings Ltd
Accenture (South Africa) (Pty) Ltd
Accsys (Pty) Ltd
ACI Global Ltd
Active Track (Pty) Ltd
AdaptIT Holdings (Pty) Ltd
Adcorp Workforce Solutions (Pty) Ltd
Africa Online Retail (Pty) Ltd
Afrihost SP (Pty) Ltd
Altron Ltd
Alviva Holdings (Pty) Ltd
AOLC (Pty) Ltd
AYO Technology Solutions Ltd
B D Silks CC
Barone Budge and Dominick (Pty) Ltd
Bidvest Office (Pty) Ltd
Blue Label Telecoms Ltd
Business Connexion (Pty) Ltd
Cash Connect Management Solutions (Pty) Ltd
CCI Technology Solutions (Pty) Ltd
CHM Vuwani Computer Solutions (Pty) Ltd
Cocre8 IT Services (Pty) Ltd
Daddy's Deals (Pty) Ltd
Datacentrix (Pty) Ltd
Datatec Ltd
Dimension Data (Pty) Ltd
Direct Transact (Pty) Ltd
Document Warehouse (Pty) Ltd (The)
EasyPay (Pty) Ltd
Ecentric Payment Systems (Pty) Ltd
EOH Holdings Ltd
ERS Biometrics (Pty) Ltd
Faranani IT Services (Pty) Ltd
Flash Mobile Vending (Pty) Ltd
Gijima Group Ltd
Hewlett-Packard South Africa (Pty) Ltd
IBM South Africa (Pty) Ltd
Intel South Africa Corporation
International Time and Access Technologies CC
Iron Mountain South Africa (Pty) Ltd
Iron Mountain South Africa Information Management (Pty) Ltd
Iron Mountain South Africa Records Management (Pty) Ltd
IT-Dynamics (Pty) Ltd
ITEC SA (Pty) Ltd
Lesaka Technologies (Pty) Ltd
Lightstone Consumer (Pty) Ltd
Mastercard Southern Africa (Pty) Ltd
MediKredit Integrated Healthcare Solutions (Pty) Ltd
Metrofile Holdings Ltd
Micro Focus Software South Africa (Pty) Ltd
Microsoft (S A) (Pty) Ltd
Morvest Group (Pty) Ltd
Mustek Ltd
Naspers Ltd
Nomad Information Systems (Pty) Ltd
Onedayonly Offers (Pty) Ltd
Oracle Corporation (South Africa) (Pty) Ltd
Pay-Day Software Systems (Pty) Ltd
Paycorp Group (Pty) Ltd
PBSA (Pty) Ltd
PBT Group Ltd
Prism Payment Technologies (Pty) Ltd
QCK Lezmin 4648 CC
Ricoh South Africa (Pty) Ltd
Sage South Africa (Pty) Ltd
SAS Institute (Pty) Ltd
SBE International SA (Pty) Ltd
Sentri Systems CC
Setcom (Pty) Ltd
Siemens (Pty) Ltd
Silkwood Trading 18 (Pty) Ltd
Sirius Sales (Pty) Ltd
Solar and Security Nerd (Pty) Ltd
South African Bankers Services Company (Pty) Ltd
Spark ATM Systems (Pty) Ltd
State Information Technology Agency SOC Ltd
Systems Africa (Pty) Ltd
Systems Applications Products (South Africa) (Pty) Ltd
T-Systems South Africa (Pty) Ltd
Takealot Online (RF) (Pty) Ltd
Teraco Data Environments (Pty) Ltd
Time and Attendance Solutions (Pty) Ltd
Toppan Gravity (Pty) Ltd
Trac Tech (Pty) Ltd
Transaction Control Technologies (SA) (Pty) Ltd
Trustlink (Pty) Ltd
Verifone Africa (Pty) Ltd
Virdi Distribution SA (Pty) Ltd
Wizzit Digital SA (Pty) Ltd
Xneelo (Pty) Ltd

COMPANY PROFILES - Wholesale and Retail of Laptops, Desktops and Peripherals

Acer Africa (Pty) Ltd
Alviva Holdings (Pty) Ltd
AOLC (Pty) Ltd
ASUSTek Computer Inc
Bidvest Office (Pty) Ltd
CHM Vuwani Computer Solutions (Pty) Ltd
CoCre8 Technology Solutions (Pty) Ltd
Dell Computer (Pty) Ltd
Esquire System Technology (Pty) Ltd
Hisense SA Sales Holdings (Pty) Ltd
Huawei Technologies Africa (Pty) Ltd
Intel South Africa Corporation
ITEC SA (Pty) Ltd
JD Consumer Electronics and Appliances (Pty) Ltd
Lenovo (South Africa) (Pty) Ltd
LG Electronics S A (Pty) Ltd
Microsoft (S A) (Pty) Ltd
Mustek Ltd
Oracle Corporation (South Africa) (Pty) Ltd
Ricoh South Africa (Pty) Ltd
Samsung Electronics South Africa (Pty) Ltd
Tarsus Distribution (Pty) Ltd

For more information about this report visit https://www.researchandmarkets.com/r/q1ud92

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