SA's ICT market weathers growth slowdown

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South Africa News News

Growing need for technology sees SA’s ICT market continue to show signs of growth. IDC MarkWalker

While SA’s macro-economic outlook is a bit dire, the local ICT market is still growing.

“It’s differentiated across ICT, IT or telecoms services, with the areas of opportunity being in the services and software space,” he said. “Traditional telco providers are all very focused on moving from being a traditional telco – providing connectivity, services, etc – to determining the [OTT] services to add value and how to become a digital services provider. Is it broadcast, is it media, is it content, or is it access… a lot of companies are looking to figure out that paradigm.”“We had a very good year last year, and this is all because everybody was working from home and needed a device.

 

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