Insights on the South African IoT and Security industries

In the recent years, the growing number of inventive startups that have arised in South Africa has fed expectations that it might become a big hub for innovation in the industrial internet of things (IIoT).

South Africa Internet of Things (IoT) Market size was valued $2,079.63 million in 2019, estimated to grow at a CAGR of 20.96% during 2020-2025.

    - The digital transformation in the manufacturing industry leading to the implementation of smart manufacturing are further fueling the South Africa IoT market industry.
    - The rising use of software such as digital twin technology, smart home assistance software and so on are also enhancing the market growth
    - The rise of COVID-19 pandemic has enabled the vendors to provide technology-enabled solutions in the healthcare industry

These key factors are enhancing the growth of the South Africa IoT market during the forecast period 2020-2025.

However, there are roadblocks to more rapid growth, typically involving difficulty in implementing new applications. Many industries want to use IoT to understand consumer needs in real-time, become more responsive, improve machine and system quality on the fly, streamline operations and develop innovative ways to transform their business initiatives, but South Africa faces a few challenges like budgetary constraints and a lack of adequate technology infrastructure that supposes a block for its growth.

When it comes to the security industry, the South African Department of Labour has launched new ergonomic regulations such as the requirement for employers to implement a programme to control the exposure of employees – and other people affected by their actions – to ergonomic hazards.

Furthermore, these new regulations state that an employer must, before the commencement of any work that may expose employees to ergonomic risks, have an ergonomic risk assessment performed by a competent person, and repeat it every two years.

South Africa is well known for its rich mineral resources like diamonds, gold, platinum and chromium. It is one of the main industries in the country but it is , and probably always will be, one of the most dangerous jobs. That is why, section 23 of the Mine Health and Safety Act (No. 29 of 1996) gives specific recognition to the right of employees to leave a dangerous workplace whenever they might consider that circumstances don't fit the regulations for safety and health.

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