IT Services - Burkina Faso

  • Burkina Faso
  • The IT Services market in Burkina Faso is expected to generate a revenue of US$141.80m in 2025.
  • Among the various segments within this market, IT Outsourcing is projected to dominate with a market volume of US$56.68m in the same year.
  • This indicates a strong presence of outsourced IT services in Burkina Faso.
  • Over the period of 2025 to 2029, the IT Services market is anticipated to experience a steady annual growth rate (CAGR) of 7.93%.
  • As a result, the market volume is predicted to reach US$192.40m by 2029.
  • This reflects the potential for further expansion and development within the IT Services market sector in Burkina Faso.
  • In terms of expenditure, the average Spend per Employee in the IT Services market is projected to be US$15.16 in 2025.
  • This metric provides insight into the financial investment made by companies in Burkina Faso towards IT services for their employees.
  • When compared globally, United States is expected to generate the highest revenue in the IT Services market, reaching US$550.30bn in 2025.
  • This highlights the dominant position of the United States in the global IT Services market industry, while also providing a benchmark for Burkina Faso's market performance.
  • Despite being a developing country, Burkina Faso has seen a rapid growth in demand for IT services, driven by the increasing digitalization of its economy.

Key regions: United States, China, India, Japan, Germany

 
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Analyst Opinion

The IT Services market in Burkina Faso is experiencing steady growth in recent years.

Customer preferences:
The Burkinabe IT Services market is primarily driven by the demand for software development, IT consulting, and network services. The government and private sector organizations are the main customers of these services. The government's efforts to modernize the country's infrastructure and the increasing adoption of technology by private sector companies are driving the demand for IT services in Burkina Faso.

Trends in the market:
One of the key trends in the Burkinabe IT Services market is the increasing adoption of cloud-based services. This trend is driven by the need for cost-effective and scalable solutions. Companies are turning to cloud-based services to reduce their IT infrastructure costs and increase their flexibility. Another trend is the growth of the mobile application development market. With the increasing use of smartphones and mobile devices, there is a growing demand for mobile applications that can be used for various purposes, including e-commerce, social networking, and entertainment.

Local special circumstances:
Burkina Faso has a relatively small IT Services market compared to other countries in the region. However, the market is growing steadily due to the government's efforts to modernize the country's infrastructure and the increasing adoption of technology by private sector companies. The country's IT Services market is dominated by small and medium-sized companies, with a few large companies operating in the market.

Underlying macroeconomic factors:
Burkina Faso has a growing economy, with a GDP growth rate of around 6% in recent years. The government's efforts to modernize the country's infrastructure and attract foreign investment are driving economic growth. The country has a young and growing population, which is increasingly adopting technology. However, the country faces challenges such as political instability, security concerns, and a lack of infrastructure, which could affect the growth of the IT Services market.

Methodology

Data coverage:

The data encompasses B2G, B2B, and B2C enterprises. Figures are based on enterprises' technology spending on products, consulting, and outsourcing services.

Modeling approach / Market size:

Market sizes are determined through a combined top-down and bottom-up approach, building on a specific rationale for each market segment. As a basis for evaluating markets, we use annual financial reports of key players in the industry, Statista's primary research and surveys, and IT associations. In addition, we use relevant key market indicators and data from country-specific associations, such as GDP, internet users, and telecommunication. This data helps us estimate the market size for each country individually.

Forecasts:

In our forecasts, we apply diverse forecasting techniques. The selection of forecasting techniques is based on the behavior of the relevant market. For example, the exponential trend smoothing method is used based on the market data characteristics. The main drivers are the GDP and its sector composition, internet penetration, the level of digitization, and the attitude toward IT security.

Additional notes:

The data is modeled using current exchange rates. The market is updated twice a year in case market dynamics change. The impact of the COVID-19 pandemic and the Russia-Ukraine war is considered at a country-specific level.

Overview

  • Revenue
  • Key Players
  • Analyst Opinion
  • Global Comparison
  • Methodology
  • Key Market Indicators
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