ICT Investment Trends in South Africa: Economic appreciation and digital transformation drive ICT investments

2017-09-12
Price :
Published : Sep-2017
No. of Pages : 35

ICT Investment Trends in South Africa: Economic appreciation and digital transformation drive ICT investments

Summary

“ICT Investment Trends in South Africa”, presents the findings from a survey of 61 South African enterprises regarding their Information & Communications Technology (ICT) investment trends. The survey investigates how South African enterprises currently allocate their ICT budgets across the core areas of enterprise ICT expenditure: hardware, software, IT services, communications, and consulting.

The report illustrates the core technologies that enterprises are investing in, including enterprise applications, security products, IoT, and cloud computing. The survey also highlights the approach to purchasing technology adopted by enterprises in South Africa. Through GlobalData’s survey, the report aims to provide a better insight to ICT vendors and service providers when pitching their solutions to enterprises in South Africa.

The South African economy has moderately increased from 0.7% in Q4 2016 to 1% in Q1 2017 due to the increase in private consumption and exports.

South African enterprises are investing in core technologies (software, hardware, and services) with software attracting the highest proportion of ICT budgets in both 2016 and 2017.

In particular, it provides an in-depth analysis of the following –
– How ICT budgets are set to change in 2017 in terms of their overall size
– Allocation across the core elements of IT spend, including hardware, software, services, communications, and consulting
– Distribution of ICT money in areas such as the networks, applications, service desk, and data centers
– Which ICT functions South African enterprises are interested in outsourcing
– South African enterprises’ investment priorities based on their budget allocations across core technology categories such as enterprise applications, security products, IoT, and cloud computing
– Factors that are influencing South African enterprises’ investments in each technology category
– How South African enterprises’ IT budgets are currently allocated across various segments within a technology category
– South African enterprises’ distribution of their ICT budget across various segments within a technology category
– Vendor satisfaction ratings for various core and advanced technology categories
– Insight into South African enterprises’ preferred buying approaches
– Business objectives that South African enterprises are looking to achieve through their IT investment strategies
– Factors that are influencing South African enterprises’ decisions to select an ICT provider

Scope

– Among the various cloud computing solutions, South African enterprises are making the largest investment in SaaS. Furthermore, public cloud is the most popular mode of cloud computing implementation among South African enterprises.
– With regards to technology priorities, South African enterprises are keen to invest in enterprise applications, security products, IoT, and cloud computing as increased percentage of respondents are planning to spend on these domains in the coming two years.
– In terms of the selection of ICT vendors, the criteria of industrial expertise and the capability to provide leading-edge technology are playing significant roles.

Reasons to buy

– Understand how the South African enterprises ICT landscape is set to change in 2017 to prioritize your target market
– Comprehend how ICT money are being allocated by South African enterprises in specific verticals and size bands to improve your market penetration
– Make effective business decisions by recognizing the opportunities within each of the core areas of ICT spend (hardware, software, IT services, telecommunications, and consulting)
– Realign your sales initiatives by understanding the current strategic objectives of South African enterprises
– Enhance your market segmentation with the included, detailed breakdown of opportunities within selected technology categories (enterprise applications, security products, IoT, and cloud computing)
– Prioritize your focus areas by understanding which factors are influencing South African enterprises’ decisions when selecting an ICT provider
– Understand the changes in customers’ priorities and identify the business objectives that South African enterprises are looking to achieve through their ICT investment strategies

Filed in: Information Technology
Publisher : GlobalData
More Reports
Title Price Buy Now

Wireless Audio Device Market by Product (Speaker Systems, Soundbars, Headsets, Headphones, Microphones), Technology (Bluetooth, Wi-Fi, AirPlay), Application (Home Audio, Consumer, Commercial), Functionality, Region – Global Forecast to 2025

“The wireless audio device market is projected to grow at CAGR of 18.6% from 2020 to 2025, in terms of value.”                                                                                                                                                       The wireless audio device market is projected to grow from USD 57.3 billion in 2020 to USD 134.2 billion by 2025; it is expected to grow at a CAGR of 18.6% from 2020 to 2025. Surge in the global demand for infotainment devices, rise in use of wireless audio devices in commercial sector, and increased R&D expenditure by OEMs for the development of new and advanced wireless au......
$5650

Analytics as a Service Market by Component, Deployment Mode, Organization Size, Industry Vertical (BFSI, Telecommunications and IT, Healthcare and Life Sciences, and Retail and eCommerce), and Region – Global Forecast to 2024

The global analytics as a service market size to grow at a CAGR of 23.2% during the forecast period The analytics as a service market size is projected to grow from USD 4.3 billion in 2019 to USD 12.1 billion by 2024, at a Compound Annual Growth Rate (CAGR) of 23.2% during the forecast period. The major growth factors of the analytics as a service market include the increasing awareness of IoT devices among organizations, the need to manage huge workloads, and the growing adoption of big data analytics solutions for analyzing data, which helps make faster business decisions. The increasing concerns related to data privacy and security, and lack of analytical skills are the factors restraining the growth of the AaaS market. Services segment to grow at a higher CAGR during the forecast......
$5650

Optical Communication and Networking Equipment Market by Component (Fiber, Transceiver, and Switch), Technology, Application (Telecom, Data Center, and Enterprise), Data Rate, Vertical, and Region – Global Forecast to 2025

“Optical communication and networking equipment market projected to grow at a CAGR of 8.0% from 2020 to 2025” The global optical communication and networking equipment market size was valued at USD 18.9 billion in 2020 and is projected to reach USD 27.8 billion by 2025; it is growing at a CAGR of 8.0% from 2020 to 2025. Rising adoption of cloud-based services and virtualization services all over the world, increasing data traffic in tandem with internet usage, and the growing number of data centers are the factors driving the optical communication and networking equipment industry growth. “Optical communication and networking equipment market for fiber channel technology estimated to grow at highest CAGR” The market for fiber channel technology-based optical communication ......
$5650

Network Traffic Analyzer Market by Solution and Service (Professional and Managed), Deployment Type (Cloud and On-Premises), End-User (Enterprise, Service Provider, and Data Center), Organization Size, and Region – Global Forecast to 2022

Growing number of IoT driven-application areas to drive adoption of network traffic analyzer tools The global network traffic analyzer market size is projected to grow from USD 1.9 billion in 2019 to USD 3.2 billion by 2024, at a Compound Annual Growth Rate (CAGR) of 10.6% from 2019 to 2024.The advancements of Internet o Things (IoT)-driven technologies and cloud-based services have initiated the growth of networking infrastructures. IoT generates large data volume on the cloud leading to huge network traffic volumes. This leads to issues of both management and security. Organizations are implementing network traffic analyzer tools to provide Quality of Service (QoS) for data traffic, predictive threat detection, zero-day attack identification, alert precision and reduction, and network......
$5650

Non-volatile Memory Express (NVMe) Market by Product (SSDs, Servers, All-flash Arrays, Adapters), Deployment Location (On-premise, Remote, Hybrid), Communication Standard (Ethernet, Fibre Channel, InfiniBand), Vertical, and Region – Global Forecast to 2025

“The global NVMe market is projected to grow at a CAGR of 29.7% from 2020 to 2025.” The global NVMe market size is projected to grow from USD 44.6 billion in 2020 to USD 163.5 billion by 2025; it is expected to grow at a CAGR of 29.7% from 2020 to 2025.Growing adoption of NVMe in big data, IoT, artificial intelligence, block chain, and end-to-end NVMe-over-Fabrics present growth opportunities for the NVMe industry. However, performance problems associated with storage software inhibit the growth of the market. Furthermore, issues related to data integrity and data protection, and high cost of NVMe act as challenges for the growth of the market. The SSDs segment is expected to account for the largest size of the NVMe industry during the forecast period. NVMe SSDs hold the large......
$5650

Tax Management Market by Component (Software and Services), Tax Type (Indirect Tax and Direct Tax), Deployment Mode (Cloud and On-premises), Organization Size (SMEs and Large Enterprises), Vertical, and Region – Global Forecast to 2024

Increasing volume of financial transactions across verticals due to digitalization, complex nature of the tax system, and vigilance of tax administrators. The global tax management market is expected to grow from USD 15.5 billion in 2019 to USD 27.0 billion by 2024, at a Compound Annual Growth Rate (CAGR) of 11.7% during the forecast period. Factors driving the growth of the tax management market include the increasing volume of financial transactions across verticals due to digitalization, complex nature of existing tax system, and increased vigilance of tax administrators. Small and medium-sized enterprises segment to grow at a higher CAGR during the forecast period The intensely competitive market scenario has encouraged Small and Medium-sized Enterprises (SMEs) to adopt tax ma......
$5650

Secure Web Gateway Market by Component (Solutions (Threat Protection, Access Control, and Data Protection) and Services), Deployment Mode, Organization Size, Vertical (Healthcare, BFSI, IT & Telecom, and Education), and Region – Global Forecast to 2024

Increase in the number of sophisticated cyberattacks is driving the overall growth of the Secure Web Gateway (SWG) market The global SWG market size is projected to grow from USD 4.6 billion in 2019 to USD 10.9 billion by 2024, at a Compound Annual Growth Rate (CAGR) of 19.1% from 2019 to 2024. The market grow this driven by various factors, including the increasing number of sophisticated cyberattacks, growing need for end-to-end wholistic security products, which have contributed a considerable share in the SWG ecosystem. Among solutions, the data protection segment to grow at the highest CAGR in the SWG market during the forecast period Data protection includes Data Loss Prevention (DLP), file type controls, and application control. DLP is a comprehensive data security software......
$5650

Interactive Kiosk Market by Offering (Hardware and Software & Services), Type (Bank Kiosks, Self-service Kiosks, and Vending Kiosks), Location (Indoor and Outdoor), Panel Size (17”-32” and Above 32”), Vertical, and Region – Global Forecast to 2025

“Enhanced shopping experience for customers drives the interactive kiosk market” The interactive kiosk market is expected to grow from USD 26.2 billion in 2020 to USD 32.8 billion by 2025, at a CAGR of 4.6%. The market growth can be attributed to several factors such as enhanced shopping experience for customers, lower investment costs than traditional outlets, enhanced applications other than conventional ones, and innovations in touch screen display and glass technology. However, the high set up cost and need for regular maintenance of the kiosks and rising cyber-crime incidents are expected to hamper the growth of the market. “Vending kiosk sheld the largest share of the interactive kiosk market in 2019” The vending kiosk sheld the largest share in the interactive kiosk......
$5650

Emotion Detection and Recognition Market by Technology (Feature Extraction & 3D Modeling, NLP, ML), Software Tool (Facial Expression Recognition, Speech & Voice Recognition), Application Area, End User, and Region – Global Forecast to 2024

“Rising need for socially intelligent artificial agents that offer assistance to human-computer interaction and growing presence of artificial agents in social environments to drive the overall growth of the emotion detection and recognition market.” The global emotion detection and recognition market size is projected to grow from USD 21.6 billion in 2019 to USD 56.0 billion by 2024, at a Compound Annual Growth Rate (CAGR) of 21.0% during the forecast period. Rising need for socially intelligent artificial agents, increasing demand for speech-based biometric systems to enable multifactor authentication, technological advancements across the globe, and the growing need for high operational excellence are expected to enhance the use of emotion detection and recognition solutions acro......
$5650

Mobile Security Market by End User (Individual and Enterprise (Solution (Authentication, Application Security, & Device Security), Service, Deployment Mode, Organization Size, Vertical), Operating System (iOS & Android), & Region – Global Forecast to 2024

“The global mobile security market size to grow at a CAGR of 19.4% during the forecast period” The global mobile security market size is expected to grow from USD 3.0 billion in 2019 to USD 7.2 billion by 2024, at a Compound Annual Growth Rate (CAGR) of 19.4%during the forecast period. The increasing number of mobile phone subscriptions around the world and the increasing number of mobile threats and breaches are some of the factors that are driving the demand for mobile security, while the use of free mobile security solutions is restricting the growth of the global mobile security market. “Enterprise services segment to grow at a higher CAGR during the forecast period” By component, the mobile security services industry is segmented into enterprise solutions and enterpri......
$5650
We use cookies to deliver the best possible experience on our website.
By continuing to use this site, or closing this box, you consent to our use of cookies. To learn more, visit our Privacy Policy