Your business is considering the photographic services market in the Free State, which is currently worth about R192 thousand. This market is relatively small and not growing, with no year-over-year growth. It's also a very niche market, with only one supplier currently providing services to one department. Given the lack of growth and limited competition, it may be a good opportunity for your organisation to get a foothold. If I were you, I'd research the specific needs of the department currently procuring photographic services and tailor your offering to meet their requirements.
Market Size
R193K
Suppliers
1
Departments
1
Avg Transaction
R193K
Supplier Type Allocation
EME (< R10M)
0%
QSE (R10-50M)
0%
GE (> R50M)
0%
Spending Trend
2018/19
R66K
2020/21
R193K