IT Consulting & Implementation - Sudan

Sudan

Revenue in the IT Consulting & Implementation market is projected to reach US$147.00m in 2024.
Revenue is expected to show an annual growth rate (CAGR 2024-2029) of 2.34%, resulting in a market volume of US$165.00m by 2029.
The average Spend per Employee in the IT Consulting & Implementation market is projected to reach US$10.35 in 2024.
In global comparison, most revenue will be generated in the United States (US$27,220.00m in 2024).

Key regions: Brazil, Netherlands, Spain, Italy, Japan

Market

Region

Region comparison

Currency

Analyst Opinion

The IT Consulting & Implementation market in Sudan has been steadily developing in recent years.

Customer preferences: Sudanese businesses are increasingly seeking IT consulting and implementation services to help them improve their operations and stay competitive in the global market. Many companies are looking for solutions that can help them streamline their processes, reduce costs, and improve their overall efficiency. Additionally, the government is investing heavily in technology infrastructure, which is creating new opportunities for IT consulting and implementation firms.

Trends in the market: One of the key trends in the IT consulting and implementation market in Sudan is the growing demand for cloud-based solutions. Many businesses are looking to move their operations to the cloud to take advantage of the scalability and flexibility that these solutions offer. Additionally, there is a growing need for cybersecurity services as businesses look to protect their data and systems from cyber threats.

Local special circumstances: Sudan is a country that has faced a number of challenges in recent years, including political instability and economic sanctions. Despite these challenges, the country has made significant progress in developing its technology infrastructure, which is creating new opportunities for IT consulting and implementation firms. Additionally, Sudan has a large and growing young population that is increasingly tech-savvy, which is driving demand for IT services.

Underlying macroeconomic factors: The Sudanese economy has been growing in recent years, driven in part by increased investment in infrastructure and the development of new industries. This growth is creating new opportunities for IT consulting and implementation firms as businesses look to modernize their operations and take advantage of new technologies. Additionally, Sudan has a relatively low labor cost compared to other countries in the region, which is making it an attractive destination for outsourcing IT services.

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.