Security and personal safety

The security and personal safety market is a significant one, with the government spending about R173 million on it nationwide. This market is relatively stable, with no year-on-year growth, which could indicate that it's not getting more competitive in terms of overall spend. However, with 126 suppliers already in the mix, it's a fairly crowded space, and you'll need to differentiate your business to stand out. It's also worth noting that the government has a strong focus on supporting black-owned, women-owned, and youth-owned businesses in this sector, with over 76% of the allocation going to black-owned businesses. If I were you, I'd make sure your organisation is B-BBEE compliant and focus on building relationships with the 32 government departments that procure these services to get a foothold in this market.