Skip to main content
  1. Market Insights
  2. Technology
  3. Software

Enterprise Software - Iraq

Iraq
  • In 2025, the projected revenue in the Enterprise Software market is expected to reach a staggering US$278.66m dollars.
  • Within this market, the dominant player is Customer Relationship Management Software, which is projected to have a market volume of US$87.62m dollars in the same year.
  • Looking ahead, the revenue is expected to grow at an annual growth rate of 6.00% (CAGR 2025-2029), resulting in a market volume of US$351.83m dollars by 2029.
  • When it comes to spending, the average Spend per Employee in the Enterprise Software market is projected to reach US$22.54 dollars in 2025.
  • In a global comparison, United States is set to generate the most revenue, with an estimated amount of US$159.39bn dollars in 2025.
  • It is worth noting that these figures specifically pertain to the Enterprise Software market as a whole, and not solely to in Iraq.
  • Iraq's enterprise software market is experiencing steady growth as businesses seek to modernize their operations and improve efficiency.

Revenue

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

MOST_RECENT_UPDATE: Sep 2024

SOURCE: Statista Market Insights

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

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

MOST_RECENT_UPDATE: Feb 2025

SOURCE: Statista Market Insights

Analyst Opinion

The Enterprise Software market in Iraq has been developing steadily over the past few years as the country's economy continues to recover from years of conflict and instability.

Customer preferences:
Iraqi businesses are increasingly recognizing the importance of digital transformation and are investing in enterprise software solutions to streamline their operations and improve efficiency. Cloud-based software solutions are becoming more popular due to their flexibility and cost-effectiveness, allowing businesses to scale their operations as needed without incurring significant upfront costs. Additionally, there is a growing demand for software solutions that can integrate with existing systems and provide real-time data analytics to help businesses make informed decisions.

Trends in the market:
One of the key trends in the Enterprise Software market in Iraq is the increasing adoption of Software as a Service (SaaS) solutions. SaaS solutions offer several advantages over traditional software models, including lower upfront costs, automatic updates, and easy scalability. Another trend is the rise of mobile-first software solutions, as more businesses in Iraq are adopting mobile devices for their operations. This trend is expected to continue as mobile internet penetration rates continue to rise in the country.

Local special circumstances:
Iraq is a country with a young and tech-savvy population, which is driving the demand for enterprise software solutions. Additionally, the government's efforts to improve the country's infrastructure and investment climate are creating new opportunities for businesses to grow and expand. However, the country still faces significant challenges, including political instability, corruption, and a lack of skilled workers, which can hinder the growth of the Enterprise Software market.

Underlying macroeconomic factors:
The Enterprise Software market in Iraq is heavily influenced by the country's macroeconomic factors, including its GDP growth, inflation rates, and foreign investment. The country's economy is heavily dependent on oil exports, which can be volatile and subject to global market fluctuations. Additionally, the ongoing conflict in neighboring Syria and the threat of terrorism can create uncertainty and instability in the region, which can impact the Enterprise Software market in Iraq. However, the country's strategic location and abundant natural resources make it an attractive destination for foreign investors, which can help to drive the growth of the Enterprise Software market in the long term.

Global 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

XMO_REPORT_PROMO_HEADLINE

Software: market data & analysis  - BackgroundSoftware: market data & analysis  - Cover

Key Market Indicators

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

MOST_RECENT_UPDATE: Jan 2025

SOURCE: Statista Market Insights

OUTLOOK_EXPLORE_RELATED_TOPICS

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.

OUTLOOK_MORE_DATA_ON_TOPIC

Contact

Get in touch with us. We are happy to help.
Meredith Alda
Sales Manager
Tel

+1 914 619-5895

Mon - Fri, 9am - 6pm (EST)

Lodovica Biagi
Director of Operations
Tel

+44 (0)20 8189 7000

Mon - Fri, 9:30am - 5pm (GMT)

Ayana Mizuno
Business Development Manager

Mon - Fri, 10:00am - 6:00pm (JST)

Carolina Dulin
Group Director - LATAM
Tel

+1 212 419-5774

Mon - Fri, 9am - 6pm (EST)

Yolanda Mega
Operations Manager
Tel

+65 6995 6959

Mon - Fri, 9am - 5pm (SGT)