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Security surveillance and detection

Eastern Cape · FY 2023/24

The security surveillance and detection market in the Eastern Cape province is worth about R580 thousand, which is a relatively small market. What's interesting is that this market isn't growing or shrinking, with zero year-on-year growth, and it's also quite concentrated with only one supplier currently serving one department. Your B-BBEE level, particularly being black-owned, could be beneficial here as about 40% of the allocation in this market goes to black-owned businesses. To get a foothold in this market, you should research the specific needs of the single department that's currently procuring these services, and tailor your offering to meet those needs. By doing so, you may be able to disrupt the current monopoly and secure a contract for your business.

Market Size

R580K

Suppliers

1

Departments

1

Avg Transaction

R290K

Supplier Type Allocation

EME (< R10M)

0%

QSE (R10-50M)

0%

GE (> R50M)

0%

BEE Allocation

Black Owned

39.8%

Women Owned

7.4%

Youth Owned

4.5%

Disabled Owned

0.0%

Spending Trend

2018/19
R6M
2019/20
R872K
2020/21
R36K
2021/22
R293K
2022/23
R181K
2023/24
R580K
View national Security surveillance and detection market →View all Eastern Cape procurement →
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