Security surveillance and detection
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.
R580K
1
1
R290K
Supplier Type Allocation
EME (< R10M)
0%
QSE (R10-50M)
0%
GE (> R50M)
0%
BEE Allocation
39.8%
7.4%
4.5%
0.0%