Enterprise Software - Mozambique

Mozambique

In 2024, the revenue in the Enterprise Software market in Mozambique is projected to reach US$31.84m.
It is worth noting that Customer Relationship Management Software dominates this market with a projected market volume of US$9.43m in the same year.
Looking ahead, the revenue is expected to show an annual growth rate (CAGR 2024-2029) of 13.52%, resulting in a market volume of US$60.03m by 2029.
Furthermore, in 2024, the average Spend per Employee in the Enterprise Software market is projected to reach US$2.03.
This indicates the level of investment companies in Mozambique are willing to make in their software infrastructure.
When considering the global landscape, it is important to note that United States is expected to generate the highest revenue in this market segment, reaching US$150.50bn in 2024.
This highlights the dominant position of the United States in the global Enterprise Software market.
Mozambique is witnessing a surge in demand for enterprise software solutions, as businesses in the country increasingly recognize the need for digital transformation and improved operational efficiency.

Key regions: France, United Kingdom, Australia, Canada, South Korea

Definition:

The Enterprise Software market covers software applications designed to support essential business activities by large organizations such as enterprise resource planning, customer relationship management, business intelligence, and supply chain management.

Products in the Enterprise Software market can be obtained in two ways: as on-premises software that is sold via a transactional license or a subscription and as cloud-based software (software as a service/ SaaS) that is most frequently sold as a subscription.

Structure:

The Enterprise Software market contains eight markets that are based on the functionality of the software:

Business Intelligence Software refers to software applications that support organizations to analyze, visualize, and report data.
Content Management Software refers to a wide range of software applications that support organizations to manage their digital content such as documents, images, and videos.
Customer Relationship Management Software refers to software applications that support organizations to manage their interactions with customers, clients, and prospects.
eCommerce Software refers to a wide range of software applications that support organizations to manage their online sales channels.
Enterprise Performance Management Software refers to software solutions that help organizations to manage and improve their performance across various areas, such as finance, operations, and strategy.
Enterprise Resource Planning Software refers to software applications that support organizations to manage, integrate and optimize important business activities related to resources such as people, finance, capital, materials, and orders.
Supply Chain Management Software refers to software applications that support organizations to manage their supply chain activities such as inventory optimization, supplier and vendor management, and logistic operations.
AI Development Tool Software refers to a specialized category of software designed to facilitate the creation, testing, deployment, and management of artificial intelligence (AI) models and applications.
Other Enterprise Software refers to aggregated revenues for the types of enterprise software that are not specifically mentioned in the other Enterprise Software markets, such as Project Management Software, Product Life Cycle Management Software, and Production and Operation Software.

Additional Information:

The Enterprise Software market comprises revenue and revenue growth as the key performance indicators. Only revenues that are generated by primary vendors at the manufacturer price level either directly or through distribution channels (excluding value-added tax) are included, and revenues generated by resellers are excluded. Revenues are generated through both online and offline sales channels and include spending by enterprises (B2B) as well as governments (B2G). Detailed definitions of each market can be found on the respective page where the market data is displayed.

Key players in this market include SAP, Salesforce, Adobe, and Oracle.

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Analyst Opinion

The adoption of Enterprise Software in Mozambique has been on the rise in recent years.

Customer preferences: Mozambique's Enterprise Software market is driven by the growing demand for business automation, data analytics, and cloud computing solutions. Mozambican companies are increasingly seeking to optimize their operations, improve efficiency, and reduce costs through the adoption of Enterprise Software.

Trends in the market: The Enterprise Software market in Mozambique is characterized by the increasing adoption of cloud-based solutions, particularly Software as a Service (SaaS) offerings. This trend is driven by the need for cost-effective and scalable solutions, particularly among small and medium-sized enterprises (SMEs). Additionally, there is a growing demand for mobile applications and solutions that can be accessed from anywhere, at any time.

Local special circumstances: Mozambique's Enterprise Software market is still relatively small and underdeveloped compared to other African countries, such as South Africa and Nigeria. However, the market is expected to grow rapidly in the coming years, driven by the country's economic growth and increasing adoption of technology.

Underlying macroeconomic factors: Mozambique's economy has been growing steadily in recent years, driven by the country's natural resources, particularly gas and coal. This growth has led to an increase in foreign investment and a growing middle class, which is driving demand for Enterprise Software solutions. Additionally, the government has been investing in infrastructure development, including broadband connectivity, which is expected to further boost the adoption of Enterprise Software in the country.

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.