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The South African consultancy market is expected to reach US$20.11 billion in 2022 and US$20.6 billion in 2023, up from US$19.5 billion in 2021. This growth is being driven by a number of factors, including the increasing complexity of businesses, the need for businesses to adapt to new technologies, and the growing demand for specialized expertise. The government is also a major driver of growth in the consultancy market, as it spends billions of dollars on consulting services each year.
The South African government spends billions of dollars on consulting services each year. In 2021, the government spent US$1.9 billion on consulting services. This spending is expected to grow in the coming years, as the government continues to outsource a number of functions to the private sector.
The main consultancy products and services procured by the South African government include:
Management consulting
IT consulting
Human resources consulting
Financial consulting
Legal consulting
The top authorities for South Africa consultancy procurement include:
The National Treasury
The Department of Public Service and Administration
The Department of Trade and Industry
The Department of Cooperative Governance and Traditional Affairs
Determining the "top winners" of South Africa's consultancy procurement is difficult due to the nature of the industry and limited public disclosure of contract details. However, some leading players consistently secure significant contracts across various sectors. These include global giants like Accenture, Deloitte, and PwC, alongside reputable South African firms like KPMG, BDO South Africa, and Genesis Analytics. Success varies depending on the specific consultancy type, with specialists in engineering, IT, and financial services often securing major projects.
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