Government Spending in South Africa - Market Summary, Competitive Analysis and Forecast to 2025

Government Spending in South Africa - Market Summary, Competitive Analysis and Forecast to 2025

  • July 2021 •
  • 37 pages •
  • Report ID: 6152235 •
  • Format: PDF
Government Spending in South Africa - Market Summary, Competitive Analysis and Forecast to 2025

Summary
Government Spending in South Africa industry profile provides top-line qualitative and quantitative summary information including: market size (value 2016-20, and forecast to 2025). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.

Key Highlights
- The government spending sector is the total amount of public sector expenditure at any sort of level, including central government, local government etc. It is split into the following segments: defense, education, social protection, healthcare, and other.
- The South African government spending sector had total revenues of $112.0bn in 2020, representing a compound annual growth rate (CAGR) of 7.8% between 2016 and 2020.
- The education segment was the sector’s most lucrative in 2020, with total revenues of $23.1bn, equivalent to 20.6% of the sector’s overall value.
- In response to the pandemic, the South African government introduced a $26 billion stimulus package, 90% of which has been allocated to health services, income support, and financial aid for small businesses. This has helped to boost growth in the sector over the year.

Scope
- Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the government spending market in South Africa
- Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the government spending market in South Africa
- Leading company profiles reveal details of key government spending market players’ global operations and financial performance
- Add weight to presentations and pitches by understanding the future growth prospects of the South Africa government spending market with five year forecasts

Reasons to Buy
- What was the size of the South Africa government spending market by value in 2020?
- What will be the size of the South Africa government spending market in 2025?
- What factors are affecting the strength of competition in the South Africa government spending market?
- How has the market performed over the last five years?
- What are the main segments that make up South Africa’s government spending market?
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