TECH SUPPLIER Jan 2023 - Market Forecast - Doc # META49970722

South Africa Internet of Things Forecast, 2021–2026

By:

Keoikantse Marungwana
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Abstract

This IDC Market Forecast report gauges IoT market growth in South Africa between 2021 and 2026. It unpacks some of the challenges impacting market growth and highlights the concerns of suppliers operating in different areas of the IoT ecosystem. The report also provides suppliers with advice on market drivers and inhibitors, growth prospects in different sectors, and developments affecting the adoption of IoT services.

In addition, the report breaks down the top IoT use cases by technology and industry. The report leverages the IDC Worldwide Semiannual Internet of Things Spending Guide published in November 2022.

"IoT has become a key pillar of the digital transformation (DX) strategies of organizations across industries in South Africa. Organizations are no longer focusing on proof-of-concept IoT solution deployments; rather, they have moved on to proof-of-value discussions focused on IoT implementations that can provide tangible business outcomes. Customers are evaluating IoT solutions based on how they improve operational efficiency, optimize end-to-end supply chains, enhance customer service delivery (using net-promoter scores), and provide revenue uplift. Technology providers will need to up their game by focusing on IoT business outcomes instead of IoT technology services." — Senior Research Manager Keoikantse Marungwana, Telecommunications and IoT, IDC Sub-Saharan Africa


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