
South Africa Workplace Transformation Market Overview, 2030
Description
South Africa's workplace transformation market is evolving rapidly, shaped by economic modernization, digital policy reforms, and rising demand for remote and hybrid work solutions across sectors. The ecosystem is characterized by a dynamic mix of multinational vendors (e.g., Microsoft, Cisco, IBM), local ICT providers (such as BCX and EOH), and system integrators catering to diverse enterprise needs. The COVID-19 pandemic catalyzed a significant shift, prompting organizations to adopt cloud-based collaboration tools, virtual desktop infrastructure (VDI), and enterprise mobility management (EMM) solutions. South Africa’s relatively advanced telecommunications infrastructure compared to other African nations has supported this evolution, although rural connectivity gaps still pose limitations for smaller businesses. The government, under initiatives like the National Digital and Future Skills Strategy, is supporting digital transformation in both public and private sectors, driving investments in automation, cybersecurity, and smart workplace technologies. Sectors such as banking, telecom, and healthcare are early adopters, particularly in urban centers like Johannesburg, Cape Town, and Durban. These industries are leveraging workplace transformation to improve productivity, regulatory compliance, and employee retention. However, challenges remain, including uneven digital literacy, legacy infrastructure in SMEs, and economic inequality. Despite this, future growth is expected to accelerate due to increasing cloud adoption, the rise of South African data centers by AWS, Microsoft Azure, and Huawei Cloud, and growing startup ecosystems supported by public-private partnerships.
According to the research report ""South Africa workplace Transformation Market Overview, 2030,"" published by Bonafide Research, the South Africa workplace Transformation market is anticipated to grow at more than 15.55% CAGR from 2025 to 2030.South Africa’s workplace transformation market is undergoing a significant evolution, driven by a growing need for operational agility, employee engagement, and digital enablement across industries. Organizations are increasingly adopting hybrid work models, leading to a surge in demand for collaboration platforms, enterprise mobility, and cloud-based productivity tools. These trends are reshaping workplace infrastructure and introducing opportunities for service providers to deliver scalable and cost-efficient digital solutions. Key market dynamics include the rapid digitization of the banking, telecom, and healthcare sectors, combined with public sector modernization efforts. Government initiatives supporting small business digitization and skills development are also propelling adoption, especially among SMEs. Future opportunities lie in expanding the use of automation, AI-driven workflows, and remote management tools, particularly as businesses seek to reduce costs and improve workforce productivity. Additionally, with the establishment of local cloud data centers and increasing broadband penetration, more businesses especially in urban areas are moving toward cloud-native solutions and away from legacy systems. There is also growing interest in integrating cybersecurity and compliance tools to meet regulatory frameworks such as South Africa’s Protection of Personal Information Act (POPIA). Profitability in this market is supported by the relatively low overhead of cloud and SaaS platforms, as well as demand for managed services and digital consulting.
In South Africa, workplace transformation by component reflects a strategic shift toward integrated, digital-first operations, with particular momentum in Enterprise Mobility Management (EMM), Unified Communication and Collaboration (UCC), and Workplace Automation Tools. As hybrid work models become the norm, organizations are prioritizing EMM to enable secure access to corporate resources across mobile devices and locations. This is particularly important for sectors like telecom, healthcare, and financial services, where data security and compliance with local regulations such as POPIA are critical. UCC tools have gained widespread adoption, as South African businesses look to streamline communication across distributed teams. Platforms that combine video conferencing, chat, and task management are helping to bridge geographical and departmental divides. Desktop Virtualization is seeing increasing uptake among enterprises that want to reduce hardware dependency and improve disaster recovery capabilities. Application Management and Asset Management remain core components, especially in large enterprises seeking to optimize IT performance, ensure software compliance, and extend asset lifecycles in cost-sensitive environments. Meanwhile, Workplace Automation Tools particularly those leveraging AI for workflow orchestration, virtual assistants, and real-time analytics are beginning to gain traction, though more so in mid-to-large enterprises. Workplace Upgradation and Migration services are in demand as businesses move away from legacy systems toward cloud-native infrastructures, often supported by local system integrators and global service providers.
Workplace transformation adoption in South Africa varies significantly across verticals, with IT & Telecom and BFSI (Banking, Financial Services, and Insurance) leading the charge. The IT & Telecom sector has been at the forefront, leveraging automation, cloud-native collaboration platforms, and enterprise mobility to support scalable, agile work environments. As a digital enabler for other sectors, telecom providers are also investing in secure remote access solutions and edge computing to support distributed workforce models. In the BFSI sector, compliance with strict data security laws such as POPIA and evolving consumer demands have driven robust investment in digital workplace infrastructure, including desktop virtualization and advanced communication tools. The Healthcare & Life Sciences industry is increasingly adopting workplace transformation to facilitate telemedicine, secure patient data sharing, and remote diagnostics, although progress is often constrained by funding and infrastructure disparities across public and private institutions. Retail & E-commerce players are integrating workplace automation and digital communication platforms to enhance omnichannel operations, especially in logistics, customer service, and inventory management. The Manufacturing sector is gradually implementing transformation strategies, particularly through asset management and automation tools to enhance operational efficiency and workforce safety. Finally, the Government and Public Sector, guided by national digital transformation policies, is digitizing internal workflows and citizen-facing services, although legacy systems and procurement challenges can slow the pace.
In South Africa, the workplace transformation market reveals distinct adoption patterns between Small and Medium-sized Enterprises (SMEs) and Large Enterprises. Large enterprises, particularly in finance, telecommunications, and government, are the early adopters and primary drivers of digital workplace initiatives. These organizations often possess the capital, infrastructure, and strategic motivation to deploy advanced technologies such as desktop virtualization, enterprise mobility management, and workplace automation tools at scale. For them, transformation is closely tied to goals like regulatory compliance (e.g., POPIA), operational resilience, and improved employee collaboration in hybrid or multi-location environments. Many large companies have already established cloud migration roadmaps and invested in unified communication platforms to sustain productivity across distributed teams. In contrast, SMEs face more resource constraints but are increasingly entering the workplace transformation landscape, driven by the availability of affordable, scalable cloud-based solutions. Tools such as Microsoft 365, Google Workspace, and SaaS-based project management platforms have lowered entry barriers for SMEs to digitize workflows, enhance mobility, and support remote teams. Government support programs such as digital skills development initiatives and SME grants have also contributed to rising awareness and adoption. However, transformation among SMEs is typically more incremental, often starting with collaboration tools before expanding to broader infrastructure upgrades. Despite these disparities, both segments are recognizing that digital workplace transformation is essential for business continuity, competitive positioning, and employee engagement.
In South Africa, the workplace transformation market is witnessing a decisive shift from on-premise deployments toward cloud-based solutions, largely driven by the need for flexibility, scalability, and remote accessibility. Historically, on-premise systems were dominant, particularly among large enterprises and government entities that preferred to maintain strict control over their data and IT infrastructure. These deployments offered customized solutions and perceived security advantages, especially in sectors like banking, insurance, and public services. However, on-premise models often involved high capital expenditure, complex maintenance, and limited adaptability to rapid changes in workforce needs challenges that became increasingly evident during the COVID-19 pandemic. In contrast, cloud-based deployments have gained considerable traction in recent years, particularly among small and medium-sized enterprises (SMEs) and mid-sized organizations looking for cost-efficient, easily deployable, and scalable workplace tools. Cloud solutions enable rapid onboarding, frequent updates, and access to advanced capabilities such as AI, analytics, and automation without the burden of owning infrastructure. Major Service providers, including Microsoft Azure and AWS, have strengthened their presence in South Africa, with local data centers reducing latency and helping organizations meet regulatory requirements like the Protection of Personal Information Act (POPIA). Cloud-based tools are especially favored in industries such as retail, healthcare, and IT services, where agility and remote collaboration are critical. Looking ahead, while on-premise systems will persist in highly regulated or data-sensitive environments, the broader trend indicates a robust and sustained shift toward cloud-first strategies as businesses prioritize agility, cost control, and digital resilience in a post-pandemic landscape.
Considered in this report
• Historic Year: 2019
• Base year: 2024
• Estimated year: 2025
• Forecast year: 2030
Aspects covered in this report
• Workplace Transformation Market with its value and forecast along with its segments
• Various drivers and challenges
• On-going trends and developments
• Top profiled companies
• Strategic recommendation
By Component
• Application management
• Asset management
• Desktop Virtualization
• Enterprise Mobility Management (EMM)
• Unified Communication & collaboration
• Workplace Automation Tools
• workplace Upgradation and migration
• Others (Service Desk, Field Services)
By Vertical / Industry
• IT & Telecom
• BFSI (Banking, Financial Services, Insurance)
• Healthcare & Life Sciences
• Retail & E-commerce
• Manufacturing
• Government & Public Sector
• Others (Education, Media, etc.)
By Enterprise Size
• Small and Medium-sized Enterprises (SMEs)
• Large Enterprises
By Deployment Mode
• On-premise
• Cloud-based
According to the research report ""South Africa workplace Transformation Market Overview, 2030,"" published by Bonafide Research, the South Africa workplace Transformation market is anticipated to grow at more than 15.55% CAGR from 2025 to 2030.South Africa’s workplace transformation market is undergoing a significant evolution, driven by a growing need for operational agility, employee engagement, and digital enablement across industries. Organizations are increasingly adopting hybrid work models, leading to a surge in demand for collaboration platforms, enterprise mobility, and cloud-based productivity tools. These trends are reshaping workplace infrastructure and introducing opportunities for service providers to deliver scalable and cost-efficient digital solutions. Key market dynamics include the rapid digitization of the banking, telecom, and healthcare sectors, combined with public sector modernization efforts. Government initiatives supporting small business digitization and skills development are also propelling adoption, especially among SMEs. Future opportunities lie in expanding the use of automation, AI-driven workflows, and remote management tools, particularly as businesses seek to reduce costs and improve workforce productivity. Additionally, with the establishment of local cloud data centers and increasing broadband penetration, more businesses especially in urban areas are moving toward cloud-native solutions and away from legacy systems. There is also growing interest in integrating cybersecurity and compliance tools to meet regulatory frameworks such as South Africa’s Protection of Personal Information Act (POPIA). Profitability in this market is supported by the relatively low overhead of cloud and SaaS platforms, as well as demand for managed services and digital consulting.
In South Africa, workplace transformation by component reflects a strategic shift toward integrated, digital-first operations, with particular momentum in Enterprise Mobility Management (EMM), Unified Communication and Collaboration (UCC), and Workplace Automation Tools. As hybrid work models become the norm, organizations are prioritizing EMM to enable secure access to corporate resources across mobile devices and locations. This is particularly important for sectors like telecom, healthcare, and financial services, where data security and compliance with local regulations such as POPIA are critical. UCC tools have gained widespread adoption, as South African businesses look to streamline communication across distributed teams. Platforms that combine video conferencing, chat, and task management are helping to bridge geographical and departmental divides. Desktop Virtualization is seeing increasing uptake among enterprises that want to reduce hardware dependency and improve disaster recovery capabilities. Application Management and Asset Management remain core components, especially in large enterprises seeking to optimize IT performance, ensure software compliance, and extend asset lifecycles in cost-sensitive environments. Meanwhile, Workplace Automation Tools particularly those leveraging AI for workflow orchestration, virtual assistants, and real-time analytics are beginning to gain traction, though more so in mid-to-large enterprises. Workplace Upgradation and Migration services are in demand as businesses move away from legacy systems toward cloud-native infrastructures, often supported by local system integrators and global service providers.
Workplace transformation adoption in South Africa varies significantly across verticals, with IT & Telecom and BFSI (Banking, Financial Services, and Insurance) leading the charge. The IT & Telecom sector has been at the forefront, leveraging automation, cloud-native collaboration platforms, and enterprise mobility to support scalable, agile work environments. As a digital enabler for other sectors, telecom providers are also investing in secure remote access solutions and edge computing to support distributed workforce models. In the BFSI sector, compliance with strict data security laws such as POPIA and evolving consumer demands have driven robust investment in digital workplace infrastructure, including desktop virtualization and advanced communication tools. The Healthcare & Life Sciences industry is increasingly adopting workplace transformation to facilitate telemedicine, secure patient data sharing, and remote diagnostics, although progress is often constrained by funding and infrastructure disparities across public and private institutions. Retail & E-commerce players are integrating workplace automation and digital communication platforms to enhance omnichannel operations, especially in logistics, customer service, and inventory management. The Manufacturing sector is gradually implementing transformation strategies, particularly through asset management and automation tools to enhance operational efficiency and workforce safety. Finally, the Government and Public Sector, guided by national digital transformation policies, is digitizing internal workflows and citizen-facing services, although legacy systems and procurement challenges can slow the pace.
In South Africa, the workplace transformation market reveals distinct adoption patterns between Small and Medium-sized Enterprises (SMEs) and Large Enterprises. Large enterprises, particularly in finance, telecommunications, and government, are the early adopters and primary drivers of digital workplace initiatives. These organizations often possess the capital, infrastructure, and strategic motivation to deploy advanced technologies such as desktop virtualization, enterprise mobility management, and workplace automation tools at scale. For them, transformation is closely tied to goals like regulatory compliance (e.g., POPIA), operational resilience, and improved employee collaboration in hybrid or multi-location environments. Many large companies have already established cloud migration roadmaps and invested in unified communication platforms to sustain productivity across distributed teams. In contrast, SMEs face more resource constraints but are increasingly entering the workplace transformation landscape, driven by the availability of affordable, scalable cloud-based solutions. Tools such as Microsoft 365, Google Workspace, and SaaS-based project management platforms have lowered entry barriers for SMEs to digitize workflows, enhance mobility, and support remote teams. Government support programs such as digital skills development initiatives and SME grants have also contributed to rising awareness and adoption. However, transformation among SMEs is typically more incremental, often starting with collaboration tools before expanding to broader infrastructure upgrades. Despite these disparities, both segments are recognizing that digital workplace transformation is essential for business continuity, competitive positioning, and employee engagement.
In South Africa, the workplace transformation market is witnessing a decisive shift from on-premise deployments toward cloud-based solutions, largely driven by the need for flexibility, scalability, and remote accessibility. Historically, on-premise systems were dominant, particularly among large enterprises and government entities that preferred to maintain strict control over their data and IT infrastructure. These deployments offered customized solutions and perceived security advantages, especially in sectors like banking, insurance, and public services. However, on-premise models often involved high capital expenditure, complex maintenance, and limited adaptability to rapid changes in workforce needs challenges that became increasingly evident during the COVID-19 pandemic. In contrast, cloud-based deployments have gained considerable traction in recent years, particularly among small and medium-sized enterprises (SMEs) and mid-sized organizations looking for cost-efficient, easily deployable, and scalable workplace tools. Cloud solutions enable rapid onboarding, frequent updates, and access to advanced capabilities such as AI, analytics, and automation without the burden of owning infrastructure. Major Service providers, including Microsoft Azure and AWS, have strengthened their presence in South Africa, with local data centers reducing latency and helping organizations meet regulatory requirements like the Protection of Personal Information Act (POPIA). Cloud-based tools are especially favored in industries such as retail, healthcare, and IT services, where agility and remote collaboration are critical. Looking ahead, while on-premise systems will persist in highly regulated or data-sensitive environments, the broader trend indicates a robust and sustained shift toward cloud-first strategies as businesses prioritize agility, cost control, and digital resilience in a post-pandemic landscape.
Considered in this report
• Historic Year: 2019
• Base year: 2024
• Estimated year: 2025
• Forecast year: 2030
Aspects covered in this report
• Workplace Transformation Market with its value and forecast along with its segments
• Various drivers and challenges
• On-going trends and developments
• Top profiled companies
• Strategic recommendation
By Component
• Application management
• Asset management
• Desktop Virtualization
• Enterprise Mobility Management (EMM)
• Unified Communication & collaboration
• Workplace Automation Tools
• workplace Upgradation and migration
• Others (Service Desk, Field Services)
By Vertical / Industry
• IT & Telecom
• BFSI (Banking, Financial Services, Insurance)
• Healthcare & Life Sciences
• Retail & E-commerce
• Manufacturing
• Government & Public Sector
• Others (Education, Media, etc.)
By Enterprise Size
• Small and Medium-sized Enterprises (SMEs)
• Large Enterprises
By Deployment Mode
• On-premise
• Cloud-based
Table of Contents
85 Pages
- 1. Executive Summary
- 2. Market Structure
- 2.1. Market Considerate
- 2.2. Assumptions
- 2.3. Limitations
- 2.4. Abbreviations
- 2.5. Sources
- 2.6. Definitions
- 3. Research Methodology
- 3.1. Secondary Research
- 3.2. Primary Data Collection
- 3.3. Market Formation & Validation
- 3.4. Report Writing, Quality Check & Delivery
- 4. South Africa Geography
- 4.1. Population Distribution Table
- 4.2. South Africa Macro Economic Indicators
- 5. Market Dynamics
- 5.1. Key Insights
- 5.2. Recent Developments
- 5.3. Market Drivers & Opportunities
- 5.4. Market Restraints & Challenges
- 5.5. Market Trends
- 5.6. Supply chain Analysis
- 5.7. Policy & Regulatory Framework
- 5.8. Industry Experts Views
- 6. South Africa Workplace Transformation Market Overview
- 6.1. Market Size By Value
- 6.2. Market Size and Forecast, By Component
- 6.3. Market Size and Forecast, By Vertical / Industry
- 6.4. Market Size and Forecast, By Enterprise Size
- 6.5. Market Size and Forecast, By Deployment Mode
- 6.6. Market Size and Forecast, By Region
- 7. South Africa Workplace Transformation Market Segmentations
- 7.1. South Africa Workplace Transformation Market, By Component
- 7.1.1. South Africa Workplace Transformation Market Size, By Application management, 2019-2030
- 7.1.2. South Africa Workplace Transformation Market Size, By Asset management, 2019-2030
- 7.1.3. South Africa Workplace Transformation Market Size, By Desktop Virtualization, 2019-2030
- 7.1.4. South Africa Workplace Transformation Market Size, By Enterprise Mobility Management, 2019-2030
- 7.1.5. South Africa Workplace Transformation Market Size, By Unified Communication & collaboration, 2019-2030
- 7.1.6. South Africa Workplace Transformation Market Size, By Workplace Automation Tools, 2019-2030
- 7.1.7. South Africa Workplace Transformation Market Size, By workplace Upgradation and migration, 2019-2030
- 7.1.8. South Africa Workplace Transformation Market Size, By Others, 2019-2030
- 7.2. South Africa Workplace Transformation Market, By Vertical / Industry
- 7.2.1. South Africa Workplace Transformation Market Size, By IT & Telecom, 2019-2030
- 7.2.2. South Africa Workplace Transformation Market Size, By BFSI, 2019-2030
- 7.2.3. South Africa Workplace Transformation Market Size, By Healthcare & Life Sciences, 2019-2030
- 7.2.4. South Africa Workplace Transformation Market Size, By Retail & E-commerce, 2019-2030
- 7.2.5. South Africa Workplace Transformation Market Size, By Manufacturing, 2019-2030
- 7.2.6. South Africa Workplace Transformation Market Size, By Government & Public Sector, 2019-2030
- 7.2.7. South Africa Workplace Transformation Market Size, By Others, 2019-2030
- 7.3. South Africa Workplace Transformation Market, By Enterprise Size
- 7.3.1. South Africa Workplace Transformation Market Size, By Small and Medium-sized Enterprises, 2019-2030
- 7.3.2. South Africa Workplace Transformation Market Size, By Large Enterprises, 2019-2030
- 7.4. South Africa Workplace Transformation Market, By Deployment Mode
- 7.4.1. South Africa Workplace Transformation Market Size, By On-premise, 2019-2030
- 7.4.2. South Africa Workplace Transformation Market Size, By Cloud-based, 2019-2030
- 7.5. South Africa Workplace Transformation Market, By Region
- 7.5.1. South Africa Workplace Transformation Market Size, By North, 2019-2030
- 7.5.2. South Africa Workplace Transformation Market Size, By East, 2019-2030
- 7.5.3. South Africa Workplace Transformation Market Size, By West, 2019-2030
- 7.5.4. South Africa Workplace Transformation Market Size, By South, 2019-2030
- 8. South Africa Workplace Transformation Market Opportunity Assessment
- 8.1. By Component, 2025 to 2030
- 8.2. By Vertical / Industry, 2025 to 2030
- 8.3. By Enterprise Size, 2025 to 2030
- 8.4. By Deployment Mode, 2025 to 2030
- 8.5. By Region, 2025 to 2030
- 9. Competitive Landscape
- 9.1. Porter's Five Forces
- 9.2. Company Profile
- 9.2.1. Company 1
- 9.2.1.1. Company Snapshot
- 9.2.1.2. Company Overview
- 9.2.1.3. Financial Highlights
- 9.2.1.4. Geographic Insights
- 9.2.1.5. Business Segment & Performance
- 9.2.1.6. Product Portfolio
- 9.2.1.7. Key Executives
- 9.2.1.8. Strategic Moves & Developments
- 9.2.2. Company 2
- 9.2.3. Company 3
- 9.2.4. Company 4
- 9.2.5. Company 5
- 9.2.6. Company 6
- 9.2.7. Company 7
- 9.2.8. Company 8
- 10. Strategic Recommendations
- 11. Disclaimer
- List of Figures
- Figure 1: South Africa Workplace Transformation Market Size By Value (2019, 2024 & 2030F) (in USD Million)
- Figure 2: Market Attractiveness Index, By Component
- Figure 3: Market Attractiveness Index, By Vertical / Industry
- Figure 4: Market Attractiveness Index, By Enterprise Size
- Figure 5: Market Attractiveness Index, By Deployment Mode
- Figure 6: Market Attractiveness Index, By Region
- Figure 7: Porter's Five Forces of South Africa Workplace Transformation Market
- List of Tables
- Table 1: Influencing Factors for Workplace Transformation Market, 2024
- Table 2: South Africa Workplace Transformation Market Size and Forecast, By Component (2019 to 2030F) (In USD Million)
- Table 3: South Africa Workplace Transformation Market Size and Forecast, By Vertical / Industry (2019 to 2030F) (In USD Million)
- Table 4: South Africa Workplace Transformation Market Size and Forecast, By Enterprise Size (2019 to 2030F) (In USD Million)
- Table 5: South Africa Workplace Transformation Market Size and Forecast, By Deployment Mode (2019 to 2030F) (In USD Million)
- Table 6: South Africa Workplace Transformation Market Size and Forecast, By Region (2019 to 2030F) (In USD Million)
- Table 7: South Africa Workplace Transformation Market Size of Application management (2019 to 2030) in USD Million
- Table 8: South Africa Workplace Transformation Market Size of Asset management (2019 to 2030) in USD Million
- Table 9: South Africa Workplace Transformation Market Size of Desktop Virtualization (2019 to 2030) in USD Million
- Table 10: South Africa Workplace Transformation Market Size of Enterprise Mobility Management (2019 to 2030) in USD Million
- Table 11: South Africa Workplace Transformation Market Size of Unified Communication & collabration (2019 to 2030) in USD Million
- Table 12: South Africa Workplace Transformation Market Size of Workplace Automation Tools (2019 to 2030) in USD Million
- Table 13: South Africa Workplace Transformation Market Size of workplace Upgradation and migration (2019 to 2030) in USD Million
- Table 14: South Africa Workplace Transformation Market Size of Others (2019 to 2030) in USD Million
- Table 15: South Africa Workplace Transformation Market Size of IT & Telecom (2019 to 2030) in USD Million
- Table 16: South Africa Workplace Transformation Market Size of BFSI (2019 to 2030) in USD Million
- Table 17: South Africa Workplace Transformation Market Size of Healthcare & Life Sciences (2019 to 2030) in USD Million
- Table 18: South Africa Workplace Transformation Market Size of Retail & E-commerce (2019 to 2030) in USD Million
- Table 19: South Africa Workplace Transformation Market Size of Manufacturing (2019 to 2030) in USD Million
- Table 20: South Africa Workplace Transformation Market Size of Government & Public Sector (2019 to 2030) in USD Million
- Table 21: South Africa Workplace Transformation Market Size of Others (2019 to 2030) in USD Million
- Table 22: South Africa Workplace Transformation Market Size of Small and Medium-sized Enterprises (2019 to 2030) in USD Million
- Table 23: South Africa Workplace Transformation Market Size of Large Enterprises (2019 to 2030) in USD Million
- Table 24: South Africa Workplace Transformation Market Size of On-premise (2019 to 2030) in USD Million
- Table 25: South Africa Workplace Transformation Market Size of Cloud-based (2019 to 2030) in USD Million
- Table 26: South Africa Workplace Transformation Market Size of North (2019 to 2030) in USD Million
- Table 27: South Africa Workplace Transformation Market Size of East (2019 to 2030) in USD Million
- Table 28: South Africa Workplace Transformation Market Size of West (2019 to 2030) in USD Million
- Table 29: South Africa Workplace Transformation Market Size of South (2019 to 2030) in USD Million
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