Administration Outsourcing - Burundi

Revenue in the Administration Outsourcing market is projected to reach US$1.34m in 2024.
Revenue is expected to show an annual growth rate (CAGR 2024-2029) of 9.53%, resulting in a market volume of US$2.11m by 2029.
The average Spend per Employee in the Administration Outsourcing market is projected to reach US$0.22 in 2024.
In global comparison, most revenue will be generated United States (US$27.29bn in 2024).

Definition :
Administration Outsourcing refers to the market for services associated with the external sourcing of typical IT administration tasks such as hardware supply, setup, configuration, maintenance, security, and support. This market contains all services related to the provision of physical IT equipment, whereas the support of company-owned software is not included.

Administration outsourcing allows organizations to optimize their administrative processes, improve efficiency, and focus on core competencies.

Additional Information:

The Administration Outsourcing market comprises revenues, revenue change, average spend per employee, and a list of the key players in the market and their consolidated revenues. Market values represent revenues that are generated by primary vendors either directly or through distribution channels at the manufacturer price level (excluding VAT). Reported market revenues include spending by enterprises (B2B) and governments (B2G). Detailed definitions of each market can be found on the respective page where the market data is displayed. Key players in the market include Hewlett Packard Enterprise, IBM, Accenture, Capgemini, and CGI.

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Hardware supply, such as Cisco Systems, Hewlett Packard Enterprise (HPE), and Dell Technologies
Hardware configuration, such as CDW (CDW Corporation), World Wide Technology (WWT), and ProSys Information Systems
Hardware maintenance, such as IBM Technology Support Services, Innovative Computer Systems, and Maintech
Security and support, such as Rapid7, Check Point Software Technologies, and Trend Micro

Application outsourcing, such as ScienceSoft, Arcanys, and SumatoSoft
Web hosting, such as GoDaddy, Bluehost, and Amazon Web Services
Customer relationship management, such as Salesforce, SAP Customer Experience(C/4HANA), and Microsoft Dynamics 365
Support of core business functions

The Administration Outsourcing market in Burundi has been experiencing notable growth in recent years.

Customer preferences: Burundi has been experiencing a surge in outsourcing services due to the country's favorable business environment, which has attracted many foreign investors. The outsourcing industry in Burundi is primarily driven by the demand for cost-effective solutions and high-quality services. Many companies are looking to outsource their administrative tasks to cut costs and focus on their core business activities.

Trends in the market: One of the major trends in the Administration Outsourcing market in Burundi is the increasing adoption of cloud-based technologies. This technology has enabled companies to access their data and applications from anywhere at any time, making it easier to outsource administrative tasks. Additionally, there has been a growing trend of outsourcing non-core functions, such as HR, finance, and accounting, which has led to an increase in demand for outsourcing services.

Local special circumstances: Burundi's economy is heavily dependent on agriculture, which has been a significant driver of the country's economic growth. However, the country has been facing challenges in diversifying its economy, which has led to a significant increase in the unemployment rate. This has created a favorable environment for outsourcing companies, as they can provide jobs for the local population.

Underlying macroeconomic factors: Burundi's economy has been growing steadily in recent years, driven by the agriculture and services sectors. The government has been implementing policies to attract foreign investors, which has led to an increase in outsourcing services. Additionally, the country has a favorable business environment, with a low tax rate and a stable political climate, which has made it an attractive destination for outsourcing companies.In conclusion, the Administration Outsourcing market in Burundi has been growing due to the country's favorable business environment, increasing adoption of cloud-based technologies, and the growing trend of outsourcing non-core functions. The local special circumstances, such as the high unemployment rate, have also contributed to the growth of the outsourcing industry. Additionally, the underlying macroeconomic factors, such as the government's policies to attract foreign investors and the stable political climate, have made Burundi an attractive destination for outsourcing companies.

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.

This report presents a comprehensive analysis and additional information on the Technology market, in a PDF format.

Unseen yet omnipresent, Information Technology (IT) services are the invisible gears driving modern organizations. These services support business operations and digital transformation through outsourcing, managed services, security, data management, and cloud computing. By leveraging these services, companies enhance efficiency, reduce costs, and gain competitive advantages in a digital marketplace. Prominent cloud providers worldwide include Amazon Web Services, Microsoft Azure, Google Cloud, and Alibaba Cloud. In the managed services sector, Oracle, Accenture, and IBM are among the largest providers globally.