ICT in the South Africa: Market Opportunity Forecasts to 2030
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This product provides historical data and forecasts for ICT products and services in South Africa
The South Africa ICT market was valued at US$ 43.72 billion in 2025 and will grow at a compounded annual growth rate (CAGR) of 10.42% to reach a value of US$ 71.76 billion by 2030. The cumulative revenue generation for ICT providers in South Africa is estimated at US$ 335.20 billion for 2025-2030. In terms of vertical end-use segments, the transport and logistics sector held the highest market share of 9.0% in 2025, followed by the manufacturing sector. The government vertical is expected to be the fastest-growing segment, at an estimated CAGR of 13.53%, during the forecast period.
Scope
This product provides revenue opportunity forecasts for ICT products and services in the South Africa from 2021 to 2030, spanning 18 IT Solutions, 127 Products/Services, 27 Verticals and 5 size bands.
Key Highlights
- The ICT market in South Africa is expected to grow at a CAGR of 89% over the forecast period.
- The country’s top three product/service categories – SaaS, Systems Design and Integration and IoT Software.
- SaaS is expected to be the leading ICT product/service segment in South Africa during the forecast period.
Reasons to Buy
Access the current state and 5-year growth of ICT in South Africa, along with historic trends, to identify fastest-growing products/services, the most lucrative verticals, and key contributors to future market expansion.
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