Other Enterprise Software - 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 2.90% 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$32.46bn 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.

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 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.

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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