IT Outsourcing - Mozambique

  • Mozambique
  • Revenue in the IT Outsourcing market is projected to reach US$46.06m in 2024.
  • Revenue is expected to show an annual growth rate (CAGR 2024-2029) of 14.09%, resulting in a market volume of US$89.04m by 2029.
  • The average Spend per Employee in the IT Outsourcing market is projected to reach US$2.94 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

 
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Analyst Opinion

Mozambique, known for its stunning beaches and wildlife reserves, has been experiencing a steady growth in its IT outsourcing market.

Customer preferences:
Mozambique's IT outsourcing market is primarily driven by the demand for software development and maintenance services. The country has a small pool of IT professionals, which has led to a rise in demand for outsourcing services. Additionally, Mozambican companies are increasingly looking for cost-effective ways to improve their IT infrastructure and services, which has further fueled the growth of the outsourcing market.

Trends in the market:
The IT outsourcing market in Mozambique has been growing at a steady pace in recent years. The country's government has taken steps to develop its IT infrastructure, which has attracted foreign investors and companies to the market. Additionally, Mozambique's proximity to South Africa has made it an attractive destination for companies looking to outsource their IT services to Africa.

Local special circumstances:
Mozambique has a small pool of IT professionals, which has led to a rise in demand for outsourcing services. The country's government has recognized the importance of developing its IT infrastructure and has taken steps to improve it. Additionally, Mozambique is strategically located, which has made it an attractive destination for companies looking to outsource their IT services to Africa.

Underlying macroeconomic factors:
Mozambique has been experiencing steady economic growth in recent years, which has created a conducive environment for the growth of the IT outsourcing market. The country's government has taken steps to improve its business environment, which has attracted foreign investors and companies to the market. Additionally, Mozambique's strategic location has made it an attractive destination for companies looking to expand their operations in Africa.

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.

Overview

  • Revenue
  • Key Players
  • Analyst Opinion
  • Global Comparison
  • Methodology
  • Key Market Indicators
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