As the Gabonese economy continues to diversify, the Application Outsourcing market in Gabon is experiencing steady growth.
Customer preferences: Gabonese businesses are increasingly turning to outsourcing their application development and maintenance to third-party providers. This allows them to focus on their core competencies and reduce costs associated with in-house development teams. Additionally, outsourcing provides access to specialized skills and expertise that may not be available locally.
Trends in the market: One trend that is driving the growth of the Application Outsourcing market in Gabon is the increasing adoption of cloud-based technologies. This is particularly relevant for small and medium-sized businesses that may not have the resources to invest in their own IT infrastructure. Cloud-based solutions allow these businesses to access the latest technologies without the need for significant capital investment. Another trend is the rise of mobile applications, which are becoming increasingly important for businesses looking to engage with customers through digital channels.
Local special circumstances: Gabon's relatively small population and limited pool of skilled IT professionals means that outsourcing is often the most viable option for businesses looking to develop and maintain their applications. Additionally, the country's focus on economic diversification has led to increased investment in the IT sector, creating new opportunities for outsourcing providers.
Underlying macroeconomic factors: The Gabonese government's efforts to diversify the economy away from oil and gas have led to increased investment in the IT sector, which is expected to continue in the coming years. Additionally, the country's relatively stable political environment and strategic location within the Economic Community of Central African States (ECCAS) make it an attractive destination for outsourcing providers. However, challenges remain, including limited internet infrastructure and a shortage of skilled IT professionals.
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.
Mon - Fri, 9am - 6pm (EST)
Mon - Fri, 9am - 5pm (SGT)
Mon - Fri, 10:00am - 6:00pm (JST)
Mon - Fri, 9:30am - 5pm (GMT)
Mon - Fri, 9am - 6pm (EST)
