South Africa's ICT services exports have shown a robust growth trajectory from 2013 to 2023. In 2023, exports stood at $995.12 million, reflecting a 5.47% increase from the previous year, indicating sustained growth in the sector. The five-year CAGR of 9.27% from 2018 to 2023 underscores the sector's momentum. However, forecasts show a slightly moderated growth rate with a 5-year CAGR of 3.57% from 2024 to 2028, reaching $1247.3 million by 2028.

Future trends to watch include:

The impact of technological advancements and digital transformation on export volumes
Regulatory changes and policies promoting international trade in ICT services
Evolving global demand for ICT services amidst economic fluctuations