South Africa Ict Market - Growth, Trends, Covid-19 Impact, and Forecasts (2023 – 2028)
The South African ICT Market is expected to grow at a CAGR of 9.3% for the forecast period. South Africa is one of Africa's biggest marketplaces for information and communications technology (ICT). It demonstrates technological leadership in the areas of mobile software, security software, and online banking services.
Key HighlightsThe South African ICT market is at a fragmented stage as the market currently consists of many players. Several key players in the ICT market are in constant efforts to bring advancements. A few prominent companies are entering into collaborations and expanding their footprints in developing regions to consolidate their positions in the market. The major players are IBM Corporation, Wipro, Vodacom South Africa, Telkom SA, MTN South Africa, and many others.
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