- The key vendors in the IT market in South Africa 2015-2019 are Accenture plc, Dimension Data Holdings, Gijima Group, Google Inc., Hewlett-Packard (HP) Co., International Business Machines (IBM) Corp., Microsoft Corp. and SAP AG
London, 22 April 2015: TechNavio, an independent tech-focused global research firm, has announced the publication of its market research report on the IT market in South Africa 2015-2019. Increased adoption of cloud computing is one of the major trends upcoming in the market. The growing data center services market and outsourcing are encouraging vendors to opt for cloud computing technology to reduce their total operational costs. The IT market in South Africa is expected to grow at a CAGR of 9.06% during the forecast period of 2014-2019.
Various projects from the government and IT initiatives across various industries are expected to provide substantial growth opportunities for IT vendors in the market. In addition, the IT market in South Africa is perceived as one that promotes growth in all industries. The government has launched a number of IT initiatives in the past few years that will help upgrade the infrastructure and reduce the inequality of economic development through the country.
“Currently, the South African government has been promoting the implementation of IT and telecom in the healthcare industry to achieve a well-functioning health information system,” says Faisal Ghaus, Vice President of Technavio Research.
“E-health strategies such as electronic health information systems will help in increasing the efficiency of healthcare services by reducing the required time and resources.”
To define the market conditions in the next 3-4 years, Technavio analysts have conducted in-depth analysis of the impact of market drivers, challenges and trends featuring data on product segmentations, vendor shares, growth rate by revenue and an evaluation of the different buying criteria in the order of importance.
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