Security surveillance and detection
The market for security surveillance and detection in the Free State province is relatively small, with a total spend of about R32 million. This market is not growing, as shown by the zero year-over-year growth, and it's also quite concentrated with only one supplier currently serving the needs of one department. Your business would be competing for a portion of this spend, with a favourable allocation of about 40% set aside for black-owned businesses. The fact that women-owned and youth-owned businesses also have a significant allocation, at around 7% and 4.5% respectively, is also worth noting. If I were you, I'd consider partnering with a black-owned business to increase your chances of securing a contract in this market.
R32K
1
1
R32K
Supplier Type Allocation
EME (< R10M)
0%
QSE (R10-50M)
0%
GE (> R50M)
0%
BEE Allocation
39.8%
7.4%
4.5%
0.0%