You're considering the consumer electronics market in Gauteng, which is worth about R323,000. This market is relatively small and not growing, with no year-over-year growth recorded. It's also a fairly exclusive space, with only 6 suppliers currently working with 3 government departments. Notably, the majority of the spend, about 73.5%, goes to black-owned businesses, so your B-BBEE level could be an important factor in competing for contracts. To get a foothold in this market, you should start by analysing the current suppliers and departments involved to identify potential opportunities for your business.
R323K
6
3
R54K
Supplier Type Allocation
EME (< R10M)
0%
QSE (R10-50M)
0%
GE (> R50M)
0%
BEE Allocation
73.5%
23.4%
13.3%
0.2%