Other Enterprise Software - Czechia

In Czechia, the projected revenue for the Other Enterprise Software market is expected to reach US$156.40m in 2024.
This market segment is anticipated to exhibit an annual growth rate (CAGR 2024-2029) of 3.72%, resulting in a market volume of US$187.70m by 2029.
Furthermore, the average Spend per Employee in the Other Enterprise Software market is projected to reach US$29.10 in 2024.
In terms of global comparison, United States is expected to generate the highest revenue, reaching US$32.46bn in 2024.
Czechia is emerging as a hub for innovative Other Enterprise Software, attracting global investors and fostering technological advancement.

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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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

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

The Other Enterprise Software market in Czechia has been experiencing growth in recent years, driven by several factors.

Customer preferences: Czech businesses are increasingly adopting cloud-based enterprise software solutions, which offer greater flexibility and scalability compared to on-premise solutions. Additionally, there is a growing demand for software that can integrate with other business systems and automate processes to improve efficiency.

Trends in the market: One of the key trends in the Other Enterprise Software market in Czechia is the adoption of Software-as-a-Service (SaaS) solutions. This trend is driven by the benefits of cloud-based solutions, including lower costs, easier scalability, and greater accessibility. Another trend is the increasing use of artificial intelligence (AI) and machine learning (ML) in enterprise software to automate processes and improve decision-making.

Local special circumstances: The Czech Republic has a strong tradition of software development, with a highly skilled workforce and a growing startup ecosystem. This has led to the emergence of several successful enterprise software companies, such as Avast and JetBrains. Additionally, the country's central location in Europe and its membership in the European Union make it an attractive location for businesses looking to expand into the region.

Underlying macroeconomic factors: The Czech Republic has experienced strong economic growth in recent years, with a stable political environment and a relatively low cost of living compared to other European countries. This has led to a growing middle class and increased consumer and business spending. Additionally, the country has a well-developed infrastructure and a highly educated workforce, which makes it an attractive location for businesses looking to invest in technology and innovation.

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.

This report presents a comprehensive analysis and additional information on the Technology market, in a PDF format.

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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.