PwC MSME Survey 2020
S
If you're planning to expand, what sector would you like to expand into (over the next 3 years)?
Other
2%
Education
3%
Not planning to expand at all
3%
Finance & Business services
4%
Real Estate
4%
Retail Trade
5%
Consulting
6%
Food & Beverages
Manufacturing
7%
Technology
Agriculture
olo Alo Alo do do
8%
8%
Same sector I currently operate in
Source: PwC analysis
PwC MSME Survey 2020
PwC
42%
0%
5%
10% 15%
20%
25%
30%
35% 40% 45%
Businesses continue to explore backward and
forward integration opportunities within their industry
value-chain, as well as research on strategies for
widening their product and service portfolio going
forward. When asked about growth plans for the next
three years, a lot more respondents (42%) revealed
that they planned to grow by expanding within the
same sector of their current commercial operations.
The SMEs willing to expand within their sector reflect
their belief in the potential for growth within their core
operations and capabilities.
The remaining 56% revealed that they were planning
to expand across other sectors that comprised:
Agriculture (8%), Technology (8%), Manufacturing
(7%), Food & Beverages (7%), Consulting (6%),
Retail trade (5%), Real estate (4%), Finance &
business services (4%), Education (3%).
About 2% of businesses surveyed stated that they
weren't planning on expanding at all in the period
under review.
June 2020
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