The market for real estate services in Gauteng is substantial, with about R787 million spent by government departments in this space. It's worth noting that this market isn't growing, with zero year-on-year growth, which could indicate a saturated market. With 316 suppliers competing for contracts from just 10 departments, it's a fairly crowded space, so you'll need to differentiate your business to stand out. Your B-BBEE level will also be important, as about 33% of the spend in this area goes to black-owned businesses, so ensuring you have a good B-BBEE rating could give you a competitive edge. To get a foothold in this market, you should start by researching the specific needs of the 10 government departments that are buying these services and tailor your pitch accordingly.
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%