IT Outsourcing - Ivory Coast

Ivory Coast

The projected revenue in the IT Outsourcing market for Ivory Coast is estimated to reach US$177.50m in 2025.
It is expected to demonstrate an annual growth rate (CAGR 2025-2029) of 11.04%, leading to a market volume of US$269.80m by 2029.
Additionally, the average Spend per Employee in the IT Outsourcing market is projected to reach US$14.61 in 2025.
In terms of global comparison, United States is anticipated to generate the highest revenue, amounting to US$213.60bn in 2025.
Ivory Coast is experiencing a growing trend in IT Outsourcing as international companies seek cost-effective solutions and access to the country's skilled workforce.

Key regions: Brazil, Italy, United States, China, Germany

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.

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Market

Region

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Currency

Analyst Opinion

The IT Outsourcing market in Ivory Coast has been experiencing significant growth in recent years.

Customer preferences: Ivory Coast has a growing number of small and medium-sized enterprises (SMEs) that are increasingly relying on outsourcing to reduce costs and improve efficiency. Many of these SMEs prefer to work with local outsourcing providers who understand the local business environment and can provide customized solutions.

Trends in the market: One of the key trends in the IT Outsourcing market in Ivory Coast is the increasing demand for cloud-based services. This is driven by the need for flexible and scalable solutions that can adapt to changing business needs. Another trend is the growing popularity of mobile applications, which are becoming an essential tool for businesses to reach customers and improve engagement.

Local special circumstances: Ivory Coast has a relatively young and tech-savvy population, which is driving demand for IT services. The government has also been investing in infrastructure and promoting the development of the digital economy, which is creating new opportunities for outsourcing providers. However, the market is still relatively small and fragmented, with a limited number of large outsourcing providers.

Underlying macroeconomic factors: Ivory Coast is one of the fastest-growing economies in West Africa, with a growing middle class and a young population. This is creating a favorable business environment for outsourcing providers, as more businesses look to outsource to reduce costs and improve efficiency. However, the country still faces challenges such as political instability and a lack of skilled workers, which could impact the long-term growth potential 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.