Business Process as a Service - Sudan

  • Sudan
  • Revenue in the Business Process as a Service market is projected to reach US$3.24m in 2024.
  • Revenue is expected to show an annual growth rate (CAGR 2024-2029) of 9.20%, resulting in a market volume of US$5.03m by 2029.
  • The average spend per employee in the Business Process as a Service market is projected to reach US$0.23 in 2024.
  • In global comparison, most revenue will be generated in the United States (US$27,060.00m in 2024).

Key regions: United States, United Kingdom, Canada, Australia, Japan

 
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Analyst Opinion

The Business Process as a Service Market in Sudan is seeing slow growth due to factors like limited technology adoption, low consumer health awareness, and lack of convenience in online health services. Despite being a part of the growing Public Cloud Market, the country's growth rate remains subdued.

Customer preferences:
As more businesses in Sudan adopt the use of Business Process as a Service (BPaaS) within the Public Cloud Market, there has been a noticeable increase in the demand for digital solutions to improve efficiency and streamline processes. This trend is also influenced by the country's growing tech-savvy population and the need for cost-effective solutions. Additionally, the COVID-19 pandemic has accelerated the adoption of BPaaS as companies look for ways to reduce physical interactions and operate remotely, highlighting the importance of cloud-based services in today's business landscape.

Trends in the market:
In Sudan, the Business Process as a Service Market within the Public Cloud Market is seeing a trend towards adoption of cloud-based solutions for streamlining business processes and increasing efficiency. This trend is significant as it allows organizations to reduce costs and improve scalability. Moreover, with the increasing availability of high-speed internet, the trajectory of this trend is expected to continue upwards. This has implications for industry stakeholders, as it opens up opportunities for businesses to enter the market and offer innovative solutions to meet the growing demand for cloud-based services in Sudan.

Local special circumstances:
In Sudan, the Business Process as a Service Market within the Public Cloud Market is hindered by limited internet infrastructure and low levels of technology adoption. However, recent government initiatives to boost digital transformation and attract foreign investment have opened up opportunities for growth. Additionally, cultural factors such as the preference for face-to-face interactions and the need for localized solutions may influence market dynamics. The country's unique regulatory environment, including restrictions on foreign ownership and data privacy laws, may also impact the expansion of the market.

Underlying macroeconomic factors:
The Business Process as a Service Market within the Public Cloud Market in Sudan is heavily influenced by macroeconomic factors such as the country's economic stability, government policies, and global economic trends. With Sudan's economy being largely dependent on oil exports, fluctuations in global oil prices can significantly impact the country's overall economic health and subsequently affect the demand for cloud-based services in the public sector. Additionally, government policies and regulations related to foreign investment, taxation, and data privacy can also play a crucial role in shaping the growth of the market. Furthermore, the country's ongoing political and social instability may also have a negative impact on the market's growth and adoption as businesses may be hesitant to invest in new technologies during uncertain times. These factors highlight the importance of a stable and conducive macroeconomic environment for the growth of the Business Process as a Service Market within the Public Cloud Market in Sudan.

Methodology

Data coverage:

The data encompasses B2B and B2C enterprises. Figures are based on the money spent at manufacturer price level (excluding VAT).

Modeling approach / Market size:

The segment size is determined through a top-down approach. We use financial statements such as annual reports, quarterly earnings, and expert opinions to analyze the markets. To estimate the segment size for each country individually, we use relevant key market indicators and data from country-specific industry associations, such as GDP and level of telecommunications infrastructure.

Forecasts:

We use a variety of forecasting techniques, depending on the behavior of the relevant segment. The main drivers are the GDP and the level of digitization.

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 is considered at a country-specific level.

Overview

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