The market for real estate services in Gauteng is a substantial one, with the government spending about R788 million in this area. This market is relatively stable, with no year-on-year growth, so you can expect a consistent demand for your services. With 316 suppliers already operating in this space, it's quite crowded, and you'll need to differentiate your business to stand out. It's also worth noting that about a third of the spend in this market is allocated to black-owned businesses, which could be an opportunity for your organisation if you have a strong black economic empowerment programme in place. If I were you, I'd focus on building relationships with the 10 government departments that are driving this spend, such as the Department of Public Works, to increase your chances of securing contracts.
R788M
316
10
R1M
Supplier Type Allocation
EME (< R10M)
0%
QSE (R10-50M)
0%
GE (> R50M)
0%
BEE Allocation
33.1%
11.3%
8.8%
0.3%