Your business is looking at the personal safety and protection market in Gauteng, which is worth about R20 million. This market is relatively stable, with no year-over-year growth, so it's not getting bigger or smaller. You'll be competing with a fairly small group of suppliers, only 27 in total, which is spread across just 4 government departments. Given the limited number of suppliers, it might be easier to stand out and get noticed by the departments, such as the ones in Gauteng. If I were you, I'd focus on building relationships with these departments to increase your chances of winning contracts in this market.
Market Size
R21M
Suppliers
27
Departments
4
Avg Transaction
R557K
Supplier Type Allocation
EME (< R10M)
0%
QSE (R10-50M)
0%
GE (> R50M)
0%
Spending Trend
2018/19
R4M
2019/20
R1M
2020/21
R4M
2021/22
R9M
2022/23
R2M
2023/24
R14M
2024/25
R20M
2025/26
R21M