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Enterprise Resource Planning Software - Sudan

Sudan

The Enterprise Resource Planning Software market is expected to generate a revenue of US$12.66m in 2024.
It is projected to exhibit an annual growth rate (CAGR 2024-2029) of 7.27%, resulting in a market volume of US$17.98m by 2029.
In Sudan, the average Spend per Employee in the Enterprise Resource Planning Software market is projected to reach US$0.89 in 2024.
In terms of global comparison, United States is anticipated to generate the highest revenue, with an estimated value of US$26,700.00m in 2024.
Sudanese businesses are increasingly adopting Enterprise Resource Planning software to streamline their operations and improve overall efficiency.

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

Market

Region

Region comparison

Currency

Analyst Opinion

The Enterprise Resource Planning Software market in Sudan is experiencing growth and development in recent years.

Customer preferences: Sudanese companies are increasingly adopting Enterprise Resource Planning (ERP) software to improve their business processes and increase efficiency. ERP systems are becoming popular among companies of all sizes, as they offer a range of benefits such as streamlined operations, improved data management, and enhanced decision-making capabilities.

Trends in the market: One of the key trends in the ERP market in Sudan is the increasing adoption of cloud-based ERP systems. Cloud-based ERP systems offer several advantages over traditional on-premise systems, such as lower costs, faster implementation, and greater scalability. As a result, more and more Sudanese companies are choosing cloud-based ERP solutions to modernize their operations.Another trend in the ERP market in Sudan is the growing demand for mobile ERP solutions. With the increasing use of smartphones and tablets, companies are looking for ERP systems that can be accessed from mobile devices. Mobile ERP solutions enable employees to access real-time data and make informed decisions on the go.

Local special circumstances: Sudan is a developing country with a largely agricultural economy. However, the country is undergoing rapid modernization, and many businesses are looking to adopt new technologies to stay competitive. This has created a growing demand for ERP solutions that can help businesses improve their operations and increase efficiency.

Underlying macroeconomic factors: Sudan has a relatively low level of technology adoption compared to other countries in the region. However, the government has been investing in infrastructure and technology development in recent years, which has helped to drive the growth of the ERP market. Additionally, Sudan has a large and growing population, which presents a significant market opportunity for ERP vendors.

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.