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Other Enterprise Software - Austria

Austria
  • In 2024, the projected revenue in the Other Enterprise Software market in Austria is estimated to reach US$207.90m.
  • It is expected to demonstrate an annual growth rate of 2.16% (CAGR 2024-2029), leading to a market volume of US$231.30m by 2029.
  • Furthermore, the projected average Spend per Employee in the Other Enterprise Software market in Austria is anticipated to reach US$42.92 in 2024.
  • In terms of global comparison, United States is expected to generate the highest revenue of US$32.46bn in 2024.
  • Austria's Other Enterprise Software market is thriving, with a strong emphasis on innovative solutions for small and medium-sized businesses.

Definition:

The Other Enterprise Software market covers aggregated revenues for the types of enterprise software that are not specifically mentioned in the other subsegments Enterprise software segment. These include, for example, Project Management Software, Product Life Cycle Management Software, and Production and Operation Software.

Products in the Other 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.

Additional Information:

The Other Enterprise Software market comprises revenue and revenue growth as the key performance indicators. Only the 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 the revenues generated by resellers are excluded. Revenues are generated through both online and offline sales channels and include spending by enterprises (B2B) and governments (B2G).

Key players in this market include SAP, Oracle, Atlassian, and ServiceNow.

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In-Scope

  • Content applications, such as Adobe Experience Manager, Semrush, and HubSpot
  • Performance management applications, such as PerformYard, Workday, and Monday
  • Workforce management software, such as ADP Workforce Now, BambooHR, and Zoho People

Out-Of-Scope

  • Enterprise resource planning software, such as Odoo, SAP Business One, NetSuite, and Microsoft Dynamics 365
  • Customer relationship management software, such as Salesforce Sales Cloud, Monday sales CRM, and HubSpot CRM
  • Business intelligence software, such as Toast, Heap, and insightsoftware
  • Supply chain management software, such as Anvyl, Tada, and Magaya Supply Chain
  • Custom applications, such as Sphinx Solutions, CHI Software, and Intellectsoft
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Study Details

    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: Mar 2024

    Source: Statista Market Insights

    Analyst Opinion

    The Other Enterprise Software market in Austria has been experiencing steady growth in recent years.

    Customer preferences:
    Austrian enterprises have shown a strong preference for Other Enterprise Software solutions that offer high levels of customization and integration with existing systems. This trend is driven by the need for businesses to optimize their operations and improve efficiency. Additionally, there is a growing demand for cloud-based solutions that offer flexibility and scalability.

    Trends in the market:
    One of the key trends in the Other Enterprise Software market in Austria is the increasing adoption of artificial intelligence (AI) and machine learning (ML) technologies. These technologies are being used to automate processes and improve decision-making, leading to increased efficiency and productivity. Another trend is the growing importance of cybersecurity solutions, as businesses seek to protect their sensitive data from cyber threats.

    Local special circumstances:
    Austria has a strong tradition of innovation and technological development, which has helped to drive the growth of the Other Enterprise Software market. The country is home to a number of leading software companies, as well as a highly skilled workforce with expertise in areas such as AI, ML, and cybersecurity. Additionally, the government has implemented policies to support the growth of the technology sector, including tax incentives and funding for research and development.

    Underlying macroeconomic factors:
    The growth of the Other Enterprise Software market in Austria is being driven by a number of macroeconomic factors, including the country's strong economic performance and stable political environment. Austria has a highly developed economy with a high standard of living, and businesses are investing in technology solutions to maintain their competitive edge. Additionally, the country's strategic location in the heart of Europe makes it an attractive location for businesses looking to expand into the region.

    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.

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    Key Market Indicators

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

    Most recent update: Sep 2024

    Source: Statista Market Insights

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