South Africa Information Technology Report Q1 2016 - New Report Available

The South African IT market will continue to grow in local currency terms in 2016, but as was the case 2013-2015, we forecast contraction in US dollar terms due to rand depreciation against the US dollar and the negative impact on household purchasing power . The outlook for 2016 is however slightly less challenging as economic conditions begin to ease, and over the medium term vendors will be able to target growth opportunities as consumer and business sentiment strengthens. Nonetheless, the IT market will continue to primarily be driven by government spending via service expansion and modernisation programmes. T here is also growing interest in IT solutions among SMEs looking to explore new sales and marketing channels as well as improve their operational efficiencies , offering new opportunities and maintaining South Africa's growth rate .

Full Report Details at
- http://www.fastmr.com/prod/1073441_south_africa_information.aspx?afid=301

Latest Updates & Industry Developments

Computer Hardware Sales: ZAR28.8bn in 2016 to ZAR34.2bn in 2019, a CAGR of 5.8% in local currency terms. Rand depreciation represents downside risk by squeezing household purchasing power, resulting in deferred purchases and substitution for cheaper models.
Software Sales: ZAR18.0bn in 2016 to ZAR23.9bn in 2019, a CAGR of 9.2% in local currency terms. We believe the uptake of cloud-based software, which is less susceptible to piracy and through more flexible pricing will deepen the market to SMEs, will drive growth in software sales over the medium term.
IT Services Sales: ZAR31.2bn in 2016 to ZAR41.0bn in 2019, a CAGR of 9.7% in local currency terms. IT services will be the outperforming IT market segment, with development of the business process outsourcing market and public sector modernisation spending key drivers.

The South Africa Information Technology Report features Business Monitor International (BMI)'s market assessment and independent forecasts covering personal computers and software; semi-conductors, memory chips, integrated circuits and general components; the internet and IT solutions. It analyses analyses regulatory changes (licensing, customs and intellectual property protection) and competitive landscapes comparing IT companies by products, sales, market share, investments, projects and expansion strategies.

BMI's South Africa Information Technology Report provides industry professionals and strategists, corporate analysts, IT associations, government departments and regulatory bodies with independent forecasts and competitive intelligence on the IT industry in South Africa.

Key Benefits

* Benchmark BMI's independent IT Industry forecasts for South Africa to test other views - a key input for successful budgetary and strategic business planning in the South African IT market.
* Target business opportunities and risks in South Africa's IT sector

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