Digital transformation and GenAI will drive SA’s tech spending to R182 billion in 2028. The South African IT services market reached an estimated R104.9 billion at the end of 2024, and is projected to grow to R182 billion in 2028, amid soaring demand for cloud services. This is according to BMIT’s latest SA IT Services Market Report , which shows this market is poised to grow at a healthy compound annual growth rate of 14.8% over the next three years. It will be fuelled primarily by the increasing demand for cloud services, with other IT sub-sectors displaying low growth, or in some cases, even declining revenue, it reveals. See also SA’s cloud market to expand to R113bn by 2028 IT services covered in the report include cloud services; managed hosting; full outsource; managed services; IT training; maintaining, upgrading and support; cloud enablement and managed services; custom application development; system integration; and information systems consulting. Cloud-native development is a particularly important component as companies − particularly those unencumbered by legacy systems − take full advantage of cloud-based services and toolkits to develop and deploy applications with greater agility and efficiency, the study finds. BMIT MD Chris Geerdts tells ITWeb that […]
K&X Design and Investment Technology, LLC
Invest The Invisible Impact
K&X Design and Investment Technology, LLC
Invest The Invisible Impact
