You're looking at a software market in Mpumalanga that's worth about R7.7 million, with only 2 suppliers currently serving 3 government departments. The market size has remained steady, with no year-over-year growth, which could indicate a stable but not particularly expanding opportunity. It's a relatively uncrowded space, which could be a favourable factor for your business. To get a foothold in this market, consider ensuring your organisation meets the Black Economic Empowerment requirements, as nearly half of the allocation goes to black-owned businesses, and then research the specific needs of the 3 departments involved to tailor your approach.
R8M
2
3
R3M
Supplier Type Allocation
EME (< R10M)
0%
QSE (R10-50M)
0%
GE (> R50M)
0%
BEE Allocation
47.2%
17.9%
6.4%
0.1%