South Africa Enterprise Application Software Forecast, 2022–2027
This IDC Market Forecast presents an examination of the South African enterprise application software market and provides a look ahead at deployment models, trends, and significant market developments through to 2027."South Africa's enterprise application software market showed strong growth in 2022, as many organizations are ramping up their technology investments to drive digital innovation. Demand for cloud-based EAS was particularly strong; a trend that is set to continue over the next five years as South African organizations increasingly favor agility, scalability, and flexibility of cloud-based solutions. IDC anticipates strong demand for enterprise applications that will help organizations operate as digital businesses." — Senior Research Analyst Mervin Miemoukanda, IDC Middle East, Africa, and Türkiye
Please Note: Extended description available upon request.
IDC Market Forecast Figure
Executive Summary
Advice for Technology Suppliers
Create Long–Term Customer Journeys
Assist Organizations in Exploring Deployment Options
Embed Automation and Intelligence Within Workflows
Develop Tailored Approaches to Targeting Customers
Market Forecast
Market Context
Drivers and Inhibitors
Drivers
Companies' Digital-First Aspirations
Macroeconomic and Geopolitical Instability
Cloud Shift
Inhibitors
Heightened Rand Depreciation
Challenging Economic Conditions
Significant Market Developments
Increasing ERP Modernization
ESG Considerations Moving into the Mainstream
Increased Support for Low-Code/No-Code Development