Your business is considering the motor vehicles market in the North West province, which is a relatively small market with a total spend of about R33 million. This market is not growing or shrinking, as it has a year-over-year growth rate of 0, so you can expect a steady demand. With only 7 suppliers currently operating in this space, it's not overly crowded, which could be a favourable opportunity for your organisation. The fact that there are 5 different government departments procuring motor vehicles in this province also presents a chance to diversify your client base. If I were you, I'd focus on building relationships with these departments to increase your chances of securing contracts in this market.
R33M
7
5
R4M
Supplier Type Allocation
EME (< R10M)
0%
QSE (R10-50M)
0%
GE (> R50M)
0%