Market Insights Technology Software Enterprise Software

Other Enterprise Software - Ireland

Ireland

The Other Enterprise Software market in Ireland is expected to witness a significant growth in revenue, with projections indicating that it will reach US$107.60m by 2024.
Moreover, the market is anticipated to exhibit a compound annual growth rate (CAGR) of 2.91% between 2024 and 2029, resulting in a market volume of US$124.20m by the end of the latter year.
Furthermore, the average Spend per Employee in the Other Enterprise Software market is estimated to reach US$37.11 by 2024.
When compared to global figures, it is worth noting that United States is predicted to generate the highest revenue in this market segment, amounting to US$32,460.00m in 2024.
Ireland's thriving technology ecosystem has seen a surge in demand for Other Enterprise Software, with local software companies leading the way in providing innovative solutions.

Key regions: South Korea, China, Canada, United States, United Kingdom

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Analyst Opinion

The Other Enterprise Software market in Ireland has been experiencing steady growth over the past few years.

Customer preferences: Irish businesses are increasingly adopting cloud-based software solutions to streamline their operations and to enhance their productivity. The demand for software solutions that can automate business processes, manage customer relationships, and provide data analytics has been on the rise. Irish businesses are also looking for software solutions that can integrate with their existing systems, which is driving the demand for open-source software platforms.

Trends in the market: The Other Enterprise Software market in Ireland is expected to continue its growth trajectory due to the increasing adoption of cloud-based software solutions. The demand for software solutions that can automate business processes and provide data analytics is expected to grow as businesses seek to improve their efficiency and productivity. The use of open-source software platforms is also expected to increase as businesses look for cost-effective solutions that can integrate with their existing systems.

Local special circumstances: Ireland is a hub for technology companies, and this has led to a highly skilled workforce that is well-versed in the latest software technologies. This has created a favorable environment for the development and adoption of new software solutions. Additionally, the government has been supportive of the technology sector, providing tax incentives and grants to encourage investment in the sector.

Underlying macroeconomic factors: The Irish economy has been growing steadily in recent years, and this has created a favorable environment for businesses to invest in new software solutions. The country has a highly educated workforce and a favorable business environment, which has attracted many international companies to set up operations in the country. This has led to a growing demand for software solutions that can help businesses to manage their operations more efficiently. The government's focus on promoting innovation and technology has also contributed to the growth of the software sector in Ireland.

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.