In 2023, Ukraine recorded the highest increase in software market revenue among CEE countries, totaling over 40 percent. Belarus followed in the ranking, recording a year-over-year increase of over 17 percent.
Software market revenue change in Central and Eastern Europe from 2017 to 2028, by country
Data provided by Statista Market Insights are estimates.
Definition:
In general, software is defined as a set of instructions written as programming code to execute specific tasks on a computing device. The Software market covers a wide range of software products and solutions that are publicly sold by various companies. Most software solutions in this market are designed for professional use, but some can also be suitable for personal use. They can also range from basic productivity tools such as word processors and spreadsheets to complex software solutions such as project management tools, graphic design software, and enterprise resource planning software.
Products in the Software market can be obtained in two ways: as on-premises software that is sold via a transactional license or a subscription and as cloud-based software (software as a service/ SaaS) that is most frequently sold as a subscription.
Structure:
The market contains four markets that are based on the functionality of the software:
Productivity Software refers to application software that supports activities such as producing documents, spreadsheets, drawings, and presentations. This market includes Administrative Software, Collaboration Software, Office Software, Creative Software, and Construction and Design Software.
Enterprise Software refers to all software that supports essential large-scale business activities such as enterprise resource management, customer management, and supply chain activities. This market includes Enterprise Resource Planning Software, Customer Relationship Management Software, Business Intelligence Software, Supply Chain Management Software, Content Management Software, and Other Enterprise Software.
Application Development Software refers to software and tools that help the overall application development process.
System Infrastructure Software refers to software that provides the base framework for operating and managing organizational processes and services on hardware devices.
Additional Information:
The Software market comprises revenue and revenue change as the key performance indicators. Only revenues that are generated by primary vendors at the manufacturer price level either directly or through distribution channels (excluding value-added tax) are included, and revenues generated by resellers are excluded. Revenues are generated through both online and offline sales channels and include spending by consumers (B2C), enterprises (B2B) as well as governments (B2G). Detailed definitions of each market can be found on the respective page where the market data is displayed.
Key players in this market include Microsoft, Adobe, SAP, Oracle, and Salesforce.
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Statista. (January 17, 2024). Software market revenue change in Central and Eastern Europe from 2017 to 2028, by country [Graph]. In Statista. Retrieved November 05, 2024, from https://www.statista.com/forecasts/1445631/cee-software-market-revenue-change-by-country
Statista. "Software market revenue change in Central and Eastern Europe from 2017 to 2028, by country." Chart. January 17, 2024. Statista. Accessed November 05, 2024. https://www.statista.com/forecasts/1445631/cee-software-market-revenue-change-by-country
Statista. (2024). Software market revenue change in Central and Eastern Europe from 2017 to 2028, by country. Statista. Statista Inc.. Accessed: November 05, 2024. https://www.statista.com/forecasts/1445631/cee-software-market-revenue-change-by-country
Statista. "Software Market Revenue Change in Central and Eastern Europe from 2017 to 2028, by Country." Statista, Statista Inc., 17 Jan 2024, https://www.statista.com/forecasts/1445631/cee-software-market-revenue-change-by-country
Statista, Software market revenue change in Central and Eastern Europe from 2017 to 2028, by country Statista, https://www.statista.com/forecasts/1445631/cee-software-market-revenue-change-by-country (last visited November 05, 2024)
Software market revenue change in Central and Eastern Europe from 2017 to 2028, by country [Graph], Statista, January 17, 2024. [Online]. Available: https://www.statista.com/forecasts/1445631/cee-software-market-revenue-change-by-country