In Mpumalanga, the market for management advisory services is about R3.4 million, which is a decent size for a niche like this. What's interesting is that this market isn't growing or shrinking, it's staying steady with no year-over-year growth. With only 16 suppliers serving 6 departments, it's not overly crowded, which could be a good opportunity for your business. It's also worth noting that about 46% of the spend in this market goes to black-owned businesses, so your B-BBEE level could be an advantage. To get a foothold in this market, consider researching the 6 departments that are buying these services and tailor your pitch to their specific needs.
R3M
16
6
R214K
Supplier Type Allocation
EME (< R10M)
0%
QSE (R10-50M)
0%
GE (> R50M)
0%
BEE Allocation
46.2%
10.9%
4.2%
0.4%