IT Outsourcing - Gabon

Gabon

Revenue in the IT Outsourcing market is projected to reach US$42.33m in 2024.
Revenue is expected to show an annual growth rate (CAGR 2024-2029) of 7.49%, resulting in a market volume of US$60.75m by 2029.
The average Spend per Employee in the IT Outsourcing market is projected to reach US$54.97 in 2024.
In global comparison, most revenue will be generated in the United States (US$197.30bn in 2024).

Key regions: Netherlands, United States, Japan, Germany, Italy

Definition:
The IT Outsourcing market refers to the external contracting of IT functions, services, or projects instead of relying on company-owned resources. By outsourcing IT tasks (e.g., to IT suppliers or software developers), enterprises are able to focus on their core functions and save internal resources and costs (e.g., office space, maintenance, and utilities). Thus, outsourcing teams becomes a viable cost resilience strategy in an environment where companies are looking to save money more than ever.

In an IT context, these activities include IT administration, IT application, and web hosting services. Non-IT-related outsourcing services are excluded.

Structure:

IT Outsourcing contains four distinct markets that are based on different services:

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.
Application Outsourcing refers to the market for all IT application services in a software production context, spanning from requirement assessments to concept and design of software applications.
Web Hosting includes all types of internet hosting services that allow companies or individuals to provide access to their web page via the World Wide Web.
Other IT Outsourcing refers to aggregated revenues of the types of IT outsourcing that are not specifically mentioned in the other IT Outsourcing markets, such as infrastructure outsourcing, network outsourcing, and managed services.

Additional Information:

The IT Outsourcing market comprises revenues, revenue change, average spend per employee, and revenues of the outsourcing types. 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 IBM, Accenture, Capgemini, NTT, and Hewlett Packard Enterprise.

For more information on the data displayed, use the info button right next to the boxes.

Market

Region

Region comparison

Currency

Analyst Opinion

Gabon, a country located in Central Africa, is a developing nation with a small IT outsourcing market. Despite this, the market is growing steadily due to various factors.

Customer preferences: Gabonese companies are increasingly outsourcing IT services to reduce costs and increase efficiency. They prefer outsourcing to countries with a similar time zone and language, such as France, which is a former colonial power in Gabon and has strong economic ties with the country. Additionally, Gabonese companies prefer outsourcing to countries with a strong reputation for IT expertise and quality service.

Trends in the market: The IT outsourcing market in Gabon is growing due to the increasing demand for IT services and the shortage of IT professionals in the country. Gabonese companies are outsourcing a range of IT services, including software development, web design, and IT support. Additionally, the rise of cloud computing has led to an increase in demand for cloud-based IT services, which can be easily outsourced to other countries.

Local special circumstances: Gabon has a small population of just over 2 million people, which limits the size of the IT outsourcing market. Additionally, the country has a relatively low level of IT infrastructure, which can make it difficult for companies to outsource certain IT services. However, the government is investing in improving the country's IT infrastructure, which is expected to increase the size of the IT outsourcing market in the future.

Underlying macroeconomic factors: Gabon is a resource-rich country with a growing economy, which is expected to drive the growth of the IT outsourcing market. Additionally, the country has a stable political environment, which is attractive to foreign investors. However, the country's dependence on oil exports makes it vulnerable to fluctuations in the global oil market, which could impact the growth of the IT outsourcing 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.