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Enterprise Performance Management Software - Uganda

Uganda

Highlights

Market definition

In-Scope/Out-of-scope

Market structure

Reports

Methodology

The Enterprise Performance Management Software market in Uganda is expected to generate a revenue of US$1.12m by the year 2025.
It is projected to experience a steady annual growth rate (CAGR 2025-2029) of 9.37%, resulting in a market volume of US$1.60m by 2029.
In Uganda, the average Spend per Employee in the Enterprise Performance Management Software market is estimated to be US$0.05 in 2025.
When compared globally, United States is anticipated to generate the highest revenue of US$2.98bn in the same year.
"Uganda's growing economy and increasing demand for streamlined financial planning and analysis drive the adoption of Enterprise Performance Management Software in the country."

Revenue

Revenue Change

Notes: Data was converted from local currencies using average exchange rates of the respective year.

Most recent update: Sep 2024

Source: Statista Market Insights

Comparable Estimates - Software (Worldwide)

Notes: The chart “Comparable Estimates” shows the forecasted development of the selected market from different sources. Please see the additional information for methodology and publication date.

Most recent update: Jul 2024

Average Spend per Employee

Notes: Data was converted from local currencies using average exchange rates of the respective year.

Most recent update: Sep 2024

Source: Statista Market Insights

Key Players

Brand Shares (BETA)

Most recent update: Mar 2024

Source: Statista Market Insights

The Enterprise Performance Management Software market in Uganda is experiencing significant growth in recent years.

Customer preferences: Ugandan businesses are increasingly adopting Enterprise Performance Management (EPM) software to improve their financial planning and analysis capabilities. The software allows businesses to streamline their financial processes and make data-driven decisions. Companies in Uganda are particularly interested in EPM solutions that are user-friendly, customizable, and can be integrated with existing systems.

Trends in the market: One of the key trends in the EPM software market in Uganda is the adoption of cloud-based solutions. Cloud-based EPM software is becoming increasingly popular among businesses in Uganda due to its flexibility, scalability, and cost-effectiveness. Another trend is the growing demand for mobile access to EPM software. Many businesses in Uganda are looking for solutions that allow them to access their financial data from anywhere, at any time, using their mobile devices.

Local special circumstances: The EPM software market in Uganda is heavily influenced by the country's economic and political environment. Uganda is a developing country with a relatively small economy, and many businesses face challenges such as limited access to capital, high inflation rates, and political instability. These factors have led many businesses to prioritize cost-effectiveness and risk management when selecting EPM software solutions.

Underlying macroeconomic factors: The growth of the EPM software market in Uganda is driven by several macroeconomic factors. Uganda has experienced steady economic growth in recent years, with a focus on developing its infrastructure and attracting foreign investment. This growth has led to an increase in the number of businesses operating in the country, many of which are looking for ways to improve their financial management capabilities. Additionally, the Ugandan government has introduced several policies aimed at promoting the use of technology in business, which has further fueled the demand for EPM software.

Global Comparison

Revenue Comparison

Notes: Data was converted from local currencies using average exchange rates of the respective year.

Most recent update: Sep 2024

Sources: Statista Market Insights, Financial Statements of Key Players, National statistical offices

Methodology

Data coverage:

The data encompasses B2B, B2G, and B2C enterprises. Figures are based on the allocation to the country where the money was 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, level of digitization, GDP sector composition, and observed level of software piracy.

Forecasts:

We use a variety of forecasting techniques, for instance, advanced statistical methods, 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.

Technology

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Software: market data & analysis - Background

Software: market data & analysis - Cover

Overview

Key Market Indicators

Population

Telecommunication

Business Cycle

Exchange Rates

Notes: Based on data from IMF, World Bank, UN and Eurostat

Most recent update: Jan 2025

Source: Statista Market Insights

Explore more high-quality data on related topic

Software development - statistics & facts

Imagine a world without the apps you use daily, the games you enjoy, or the websites you rely on. Software development is the invisible hand behind this digital magic, transforming ideas into the tools that shape our lives. Software development is the process of creating, designing, deploying, and supporting software. It includes all the computer activities between the software's conception and final manifestation.

These activities are planned and put into stages in a logical order, a process known as the software development life cycle (SDLC) or software development. The SDLC often includes six stages: requirement analysis, design, development, testing, implementation, documentation, and evolution. Programming languages such as JavaScript and C++ are used to create software, with JavaScript being the most popular programming language in 2023 and used by roughly 65 percent of software developers.