South Africa It Services Market Size & Outlook, 2024-2030
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South Africa it services market highlights
- The South Africa it services market generated a revenue of USD 23,691.9 million in 2024 and is expected to reach USD 44,159.2 million by 2030.
- The South Africa market is expected to grow at a CAGR of 10.8% from 2025 to 2030.
- In terms of segment, proactive it services was the largest revenue generating approach in 2024.
- Proactive IT Services is the most lucrative approach segment registering the fastest growth during the forecast period.
It services market data book summary
| Market revenue in 2024 | USD 23,691.9 million |
| Market revenue in 2030 | USD 44,159.2 million |
| Growth rate | 10.8% (CAGR from 2025 to 2030) |
| Largest segment | Proactive it services |
| Fastest growing segment | Proactive IT Services |
| Historical data | 2017 - 2023 |
| Base year | 2024 |
| Forecast period | 2025 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Reactive IT Services, Proactive IT Services |
| Key market players worldwide | Amazon.com Inc, Avaya, Cisco Systems Inc, DXC Technology Co Registered Shs When Issued, Fortinet Inc, Hewlett Packard Enterprise Co, Huawei Technologies, International Business Machines Corp, Juniper Networks Inc, Microsoft Corp, Broadcom Inc, Oracle Corp |
Other key industry trends
- In terms of revenue, South Africa accounted for 1.6% of the global it services market in 2024.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Middle East & Africa, Saudi Arabia it services market is projected to lead the regional market in terms of revenue in 2030.
- Saudi Arabia is the fastest growing regional market in Middle East & Africa and is projected to reach USD 81,913.4 million by 2030.
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IT Services Market Scope
IT Services Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Huawei Technologies | View profile | 10001+ | Shenzhen, Guangdong, China, Asia | http://huawei.com |
| Juniper Networks Inc | View profile | 3374 | 1133 Innovation Way, Sunnyvale, CA, United States, 94089 | https://www.juniper.net |
| Avaya | View profile | 10001+ | Durham, North Carolina, United States, North America | http://www.avaya.com |
| Cisco Systems Inc | View profile | 84900 | 170 West Tasman Drive, San Jose, CA, United States, 95134-1706 | https://www.cisco.com |
| DXC Technology Co Registered Shs When Issued | View profile | 130000 | 20408 Bashan Drive, Suite 231, Ashburn, VA, United States, 20147 | https://www.dxc.technology |
| Hewlett Packard Enterprise Co | View profile | 62000 | 1701 East Mossy Oaks Road, Spring, TX, United States, 77389 | https://www.hpe.com |
| Fortinet Inc | View profile | 13522 | 909 Kifer Road, Sunnyvale, CA, United States, 94086 | https://www.fortinet.com |
| Broadcom Inc | View profile | 20000 | 3421 Hillview Avenue, Palo Alto, CA, United States, 94304 | https://www.broadcom.com |
| Microsoft Corp | View profile | 221000 | One Microsoft Way, Redmond, WA, United States, 98052-6399 | https://www.microsoft.com |
| International Business Machines Corp | View profile | 282200 | One New Orchard Road, Armonk, NY, United States, 10504 | http://www.ibm.com |
| Oracle Corp | View profile | 164000 | 2300 Oracle Way, Austin, TX, United States, 78741 | https://www.oracle.com |
| Amazon.com Inc | View profile | 1525000 | 410 Terry Avenue North, Seattle, WA, United States, 98109-5210 | https://www.amazon.com |
South Africa it services market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to it services market will help companies and investors design strategic landscapes.
Proactive it services was the largest segment with a revenue share of 56.29% in 2024. Horizon Databook has segmented the South Africa it services market based on reactive it services, proactive it services covering the revenue growth of each sub-segment from 2017 to 2030.
South Africa's IT services market has been growing steadily over the years, driven by factors such as increasing digital adoption, government initiatives, and the demand for modern business solutions. The IT services industry in the country is both developed and sophisticated and is a growing contributor to the country's GDP.
Microsoft, IBM Corporation, Intel Corporation, Unisys Corporation, Dell Inc., and SAP SE have subsidiaries in South Africa. It is a regional center and a supply base for nearby nations. The South African government has been emphasizing the importance of technology for economic growth and development.
Initiatives such as the National Development Plan and the South African Government's "Digital Economy Masterplan" aim to drive digital innovation, inclusion, and infrastructure development, boosting the demand for IT services.
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Target buyers of South Africa it services market databook
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Our clientele includes a mix of it services market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of country-level data and insights on the South Africa it services market , including forecasts for subscribers. This country databook contains high-level insights into South Africa it services market from 2017 to 2030, including revenue numbers, major trends, and company profiles.
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South Africa it services market size, by approach, 2017-2030 (US$M)
South Africa IT Services Market Outlook Share, 2024 & 2030 (US$M)
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