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South Africa IoT Market Forecast to 2027 - COVID-19 Impact and Regional Analysis By Offering (Hardware, Software, and Services), Hardware (Processors, Sensors, Connectivity Modules, Memory Devices, and Others), and End-User (Manufacturing, Energy and Utilities, IT and Telecom, BFSI, Automotive and Transportation, Retail, Residential, Commercial, and Others)

South Africa IoT Market Forecast to 2027 - COVID-19 Impact and Regional Analysis By Offering (Hardware, Software, and Services), Hardware (Processors, Sensors, Connectivity Modules, Memory Devices, and Others), and End-User (Manufacturing, Energy and Utilities, IT and Telecom, BFSI, Automotive and Transportation, Retail, Residential, Commercial, and Others)

The South Africa IoT market is expected to grow from US$ 2,167.41 million in 2019 to US$ 29,615.41 million by 2027; it is estimated to grow at a CAGR of 40.1% from 2020 to 2027. The internet of things (IoT) technology helps connect various smart devices to ease the operation and sharing of data. There are different smart devices such as sensors, smartphones, and wearable, which collect necessary data from devices and are further utilized to enhance customer’s experience. The rising need for data analysis and integration of analytics is expected to propel the utilization of IoT in the forecast period.

Based on offering, the services segment led the South Africa IoT market in 2019. Internet of things (IoT) facilitates billions of devices to be enabled with network connectivity to collect and exchange real-time information for providing intelligent services. Thus, IoT allows connected devices to be controlled and accessed remotely in the presence of adequate network infrastructure. The services segment can be sub segmented into managed and professional services. AWS IoT Core is a managed cloud service that connects devices easily and securely interact with cloud applications and other devices.

With the increasing number of COVID-19 cases globally, South Africa's economy also significantly impacted in 2020. The country's governing bodies have recently uplifted the travel restrictions, which enabled transportation but with all safety measures and social distancing norms. The supply chain and import & export is getting disrupted due to the COVID-19 outbreak. The growth of the IoT market in South Africa was declined in Q1 and Q2 of 2020, as most of the IoT projects were on hold or slowed down. Numerous companies reduced the investments in new projects. However, the slowdown was for the short term, and from Q3 2020, the demand for digitization got accelerated. Now, companies are strategically investing in connected technologies such as remote asset management. In the medium to long run, the impact of the COVID-19 pandemic on IoT market will be positive due to the increasing demand from various industries such as healthcare, manufacturing, and smart homes. Also, companies will want to build more resilience to be better prepared if another pandemic rattles the world. Additional investment in digital infrastructure can be expected in 2021 and 2022. Overall, the impact of the COVID-19 outbreak on the South Africa IoT market was low to moderate, and it is expected to witness high growth from 2021 onwards.

The overall South Africa IoT market size has been derived using both primary and secondary sources. To begin the research process, exhaustive secondary research has been conducted using internal and external sources to obtain qualitative and quantitative information related to the market. The process also serves the purpose of obtaining an overview and forecast for the South Africa IoT market with respect to all the segments pertaining to the region. Also, multiple primary interviews have been conducted with industry participants and commentators to validate the data, as well as to gain more analytical insights into the topic. The participants of this process include industry experts such as VPs, business development managers, market intelligence managers, and national sales managers, along with external consultants such as valuation experts, research analysts, and key opinion leaders, specializing in the South Africa IoT market. Bosch Software Innovations GMBH.; CISCO Systems, Inc ; Google Inc.; Hewlett Packard Enterprise Development LP; IBM Corporation; Microsoft Corporation; Oracle Corporation; SAS Institute Inc; SAP SE; Qualcomm Technologies, Inc.; Axiz; Communica; Syntech; VMware; First Distribution; Pinnacle; Mustek; Tarsus; Rectron; Drive Control Corporation; and Frontosa are among the players operating in the market.

TABLE OF CONTENTS
1. Introduction
1.1 Study Scope
1.2 The Insight Partners Research Report Guidance
1.3 Market Segmentation
1.3.1 South Africa IoT Market – By Offering
1.3.2 South Africa IoT Market – By Hardware
1.3.3 South Africa IoT Market – By End-User
2. Key Takeaways
3. Research Methodology
3.1 Coverage
3.2 Secondary Research
3.3 Primary Research
4. South Africa IoT Market Landscape
4.1 Market Overview
4.2 PEST Analysis
4.2.1 South Africa
4.3 Ecosystem Analysis
4.4 Expert Opinion
4.5 Premium Insight
4.5.1 IoT Market – Revenue and Forecast to 2027 (US$ Million)
4.6 South Africa IoT Market – Regulatory Framework
5. IoT Market – Key Market Dynamics
5.1 Market Drivers
5.1.1 Increasing Number of Smart City Projects in South Africa
5.1.2 Surging Number of Online and Offline IoT Product Distributors in South Africa
5.1.3 Escalating Demand for Implementation of IoT Technologies in Automotive Sector
5.2 Market Restraint
5.2.1 Data Security and Interoperability Issues
5.3 Market Opportunity
5.3.1 Progressive Deployment of 5G Networks
5.4 Future Trend
5.4.1 Increasing Digitalization across Industries and Rising Importance of Service Providers
5.5 Impact Analysis of Drivers and Restraints
6. IoT Market – South Africa Analysis
6.1 IoT Market South Africa Overview
6.2 South Africa IoT Market – Revenue and Forecast to 2027 (US$ Million)
6.3 Market Positioning – Key Players
7. IoT Market Analysis – By Offering
7.1 Overview
7.2 South Africa IoT Market Breakdown, By Offering, 2019 & 2027
7.3 Hardware
7.3.1 Overview
7.3.2 Hardware Market Revenue and Forecast to 2027 (US$ Million)
7.4 Software
7.4.1 Overview
7.4.2 Software Market Revenue and Forecast to 2027 (US$ Million)
7.5 Services
7.5.1 Overview
7.5.2 Services Market Revenue and Forecast to 2027 (US$ Million)
8. IoT Market Analysis – By Hardware
8.1 Overview
8.2 South Africa IoT Market Breakdown, By Hardware, 2019 & 2027
8.3 Processors
8.3.1 Overview
8.3.2 Processors Market Revenue and Forecast to 2027 (US$ Million)
8.4 Sensors
8.4.1 Overview
8.4.2 Sensors Market Revenue and Forecast to 2027 (US$ Million)
8.5 Connectivity Modules
8.5.1 Overview
8.5.2 Connectivity Modules Market Revenue and Forecast to 2027 (US$ Million)
8.6 Memory Devices
8.6.1 Overview
8.6.2 Memory Devices Market Revenue and Forecast to 2027 (US$ Million)
8.7 Others
8.7.1 Overview
8.7.2 Others Market Revenue and Forecast to 2027 (US$ Million)
9. IoT Market Analysis – By End-User
9.1 Overview
9.2 South Africa IoT Market Breakdown, By End-User, 2019 & 2027
9.3 Manufacturing
9.3.1 Overview
9.3.2 Manufacturing Market Forecast and Analysis
9.4 Energy & Utilities
9.4.1 Overview
9.4.2 Energy & Utilities Market Forecast and Analysis
9.5 IT & Telecom
9.5.1 Overview
9.5.2 IT & Telecom Market Forecast and Analysis
9.6 BFSI
9.6.1 Overview
9.6.2 BFSI Market Forecast and Analysis
9.7 Automotive & Transportation
9.7.1 Overview
9.7.2 Automotive & Transportation Market Forecast and Analysis
9.8 Retail
9.8.1 Overview
9.8.2 Retail Market Forecast and Analysis
9.9 Residential
9.9.1 Overview
9.9.2 Residential Market Forecast and Analysis
9.10 Commercial
9.10.1 Overview
9.10.2 Commercial Market Forecast and Analysis
9.11 Others
9.11.1 Overview
9.11.2 Others Market Forecast and Analysis
10. Impact of COVID-19 on South Africa IoT Market
10.1 Impact of COVID-19 Pandemic on South Africa IoT Market
10.1.1 South Africa: Impact Assessment of COVID-19 Pandemic
11. South Africa IoT Market- Industry Landscape
11.1 Overview
11.2 Market Initiative
11.3 New Development
12. Company Profiles
12.1 Communica (Pty) Ltd.
12.1.1 Key Facts
12.1.2 Business Description
12.1.3 Products and Services
12.1.4 Financial Overview
12.1.5 SWOT Analysis
12.1.6 Key Developments
12.2 COREX (PTY) LTD
12.2.1 Key Facts
12.2.2 Business Description
12.2.3 Products and Services
12.2.4 Financial Overview
12.2.5 SWOT Analysis
12.2.6 Key Developments
12.3 SAS Institute Inc.
12.3.1 Key Facts
12.3.2 Business Description
12.3.3 Products and Services
12.3.4 Financial Overview
12.3.5 SWOT Analysis
12.3.6 Key Developments
12.4 SAP SE
12.4.1 Key Facts
12.4.2 Business Description
12.4.3 Products and Services
12.4.4 Financial Overview
12.4.5 SWOT Analysis
12.4.6 Key Developments
12.5 QUALCOMM INCORPORATED
12.5.1 Key Facts
12.5.2 Business Description
12.5.3 Products and Services
12.5.4 Financial Overview
12.5.5 SWOT Analysis
12.5.6 Key Developments
12.6 Bosch.IO GmbH
12.6.1 Key Facts
12.6.2 Business Description
12.6.3 Products and Services
12.6.4 Financial Overview
12.6.5 SWOT Analysis
12.6.6 Key Developments
12.7 Cisco Systems, Inc.
12.7.1 Key Facts
12.7.2 Business Description
12.7.3 Products and Services
12.7.4 Financial Overview
12.7.5 SWOT Analysis
12.7.6 Key Developments
12.8 Google LLC
12.8.1 Key Facts
12.8.2 Business Description
12.8.3 Products and Services
12.8.4 Financial Overview
12.8.5 SWOT Analysis
12.8.6 Key Developments
12.9 Hewlett Packard Enterprise Development LP (HPE)
12.9.1 Key Facts
12.9.2 Business Description
12.9.3 Products and Services
12.9.4 Financial Overview
12.9.5 SWOT Analysis
12.9.6 Key Developments
12.10 IBM Corporation
12.10.1 Key Facts
12.10.2 Business Description
12.10.3 Products and Services
12.10.4 Financial Overview
12.10.5 SWOT Analysis
12.10.6 Key Developments
12.11 Microsoft Corporation
12.11.1 Key Facts
12.11.2 Business Description
12.11.3 Products and Services
12.11.4 Financial Overview
12.11.5 SWOT Analysis
12.11.6 Key Developments
12.12 Oracle Corporation
12.12.1 Key Facts
12.12.2 Business Description
12.12.3 Products and Services
12.12.4 Financial Overview
12.12.5 SWOT Analysis
12.12.6 Key Developments
12.13 First Distribution
12.13.1 Key Facts
12.13.2 Business Description
12.13.3 Products and Services
12.13.4 Financial Overview
12.13.5 SWOT Analysis
12.13.6 Key Developments
12.14 Pinnacle Solutions, Inc.
12.14.1 Key Facts
12.14.2 Business Description
12.14.3 Products and Services
12.14.4 Financial Overview
12.14.5 SWOT Analysis
12.14.6 Key Developments
12.15 Axiz (Pty) Ltd
12.15.1 Key Facts
12.15.2 Business Description
12.15.3 Products and Services
12.15.4 Financial Overview
12.15.5 SWOT Analysis
12.15.6 Key Developments
12.16 Syntech
12.16.1 Key Facts
12.16.2 Business Description
12.16.3 Products and Services
12.16.4 Financial Overview
12.16.5 SWOT Analysis
12.16.6 Key Developments
12.17 Mustek Limited
12.17.1 Key Facts
12.17.2 Business Description
12.17.3 Products and Services
12.17.4 Financial Overview
12.17.5 SWOT Analysis
12.17.6 Key Developments
12.18 Rectron
12.18.1 Key Facts
12.18.2 Business Description
12.18.3 Products and Services
12.18.4 Financial Overview
12.18.5 SWOT Analysis
12.18.6 Key Developments
12.19 Drive Control Corporation (DCC)
12.19.1 Key Facts
12.19.2 Business Description
12.19.3 Products and Services
12.19.4 Financial Overview
12.19.5 SWOT Analysis
12.19.6 Key Developments
12.20 Frontosa
12.20.1 Key Facts
12.20.2 Business Description
12.20.3 Products and Services
12.20.4 Financial Overview
12.20.5 SWOT Analysis
12.20.6 Key Developments
12.21 VMware, Inc.
12.21.1 Key Facts
12.21.2 Business Description
12.21.3 Products and Services
12.21.4 Financial Overview
12.21.5 SWOT Analysis
12.21.6 Key Developments
13. Appendix
13.1 About The Insight Partners
13.2 Glossary of Terms

Table 1. IoT Market – Revenue and Forecast to 2027 (US$ Million)
Table 2. IoT Market – Revenue and Forecast to 2027 (US$ Million)
Table 3. Word of Index: IoT Market

Figure 1. South Africa IoT Market Segmentation
Figure 2. South Africa IoT market overview
Figure 3. Hardware segment is expected to dominate the South Africa IoT market, by offering
Figure 4. Connectivity Modules is the fastest growing segment in South Africa IoT market, by hardware
Figure 5. South Africa– PEST Analysis
Figure 6. South Africa IoT Market– Ecosystem Analysis
Figure 7. Expert Opinion
Figure 8. IoT Market Impact Analysis of Drivers and Restraints
Figure 9. IoT Market – Revenue and Forecast to 2027 (US$ Million)
Figure 10. South Africa IoT Market Breakdown, By Offering (2019 and 2027)
Figure 11. Hardware Market Revenue and Forecast to 2027(US$ Million)
Figure 12. Software Market Revenue and Forecast to 2027(US$ Million)
Figure 13. Services Market Revenue and Forecast to 2027(US$ Million)
Figure 14. South Africa IoT Market Breakdown, By Hardware (2019 and 2027)
Figure 15. Processors Market Revenue and Forecast to 2027(US$ Million)
Figure 16. Sensors Market Revenue and Forecast to 2027(US$ Million)
Figure 17. Connectivity Modules Market Revenue and Forecast to 2027(US$ Million)
Figure 18. Memory Devices Market Revenue and Forecast to 2027(US$ Million)
Figure 19. Others Market Revenue and Forecast to 2027(US$ Million)
Figure 20. South Africa IoT Market Breakdown, By End-User, 2019 & 2027 (%)
Figure 21. Manufacturing Market Revenue and Forecast to 2027 (US$ Million)
Figure 22. Energy & Utilities Market Revenue and Forecast to 2027 (US$ Million)
Figure 23. IT & Telecom Market Revenue and Forecast to 2027 (US$ Million)
Figure 24. BFSI Market Revenue and Forecast to 2027 (US$ Million)
Figure 25. Automotive & Transportation Market Revenue and Forecast to 2027 (US$ Million)
Figure 26. Retail Market Revenue and Forecast to 2027 (US$ Million)
Figure 27. Residential Market Revenue and Forecast to 2027 (US$ Million)
Figure 28. Commercial Market Revenue and Forecast to 2027 (US$ Million)
Figure 29. Others Market Revenue and Forecast to 2027 (US$ Million)
Figure 30. Impact of COVID-19 Pandemic on South Africa IoT Market

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