Other Enterprise Software - Mauritius

The projected revenue for the Other Enterprise Software market in Mauritius is expected to reach US$15.39m in 2024.
This market segment is anticipated to experience an annual growth rate of 4.97% from 2024 to 2029, resulting in a market volume of US$19.61m by 2029.
In terms of the average Spend per Employee, it is projected to reach US$24.59 in 2024.
When comparing the global market, it is noteworthy that United States will generate the highest revenue in this segment, reaching a staggering US$32.46bn in 2024.
Mauritius is experiencing a surge in demand for other enterprise software, driven by the country's growing technology sector.

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 Mauritius has been experiencing steady growth in recent years.

Customer preferences: Mauritian businesses have been increasingly adopting Other Enterprise Software solutions to streamline their operations and increase efficiency. This is due to the growing awareness of the benefits of digitization and automation in the business world, as well as the need to remain competitive in an ever-evolving market.

Trends in the market: One of the main trends in the Other Enterprise Software market in Mauritius is the increasing demand for cloud-based solutions. This is due to the convenience and flexibility that cloud-based software offers, as well as the cost savings associated with not having to maintain physical infrastructure. Another trend is the growing popularity of mobile enterprise software, which allows businesses to access and manage their data from anywhere, at any time.

Local special circumstances: The Other Enterprise Software market in Mauritius is also influenced by local factors such as the country's small size and limited resources. As a result, businesses are increasingly turning to technology to help them overcome these challenges and remain competitive. Additionally, the government has been actively promoting the adoption of technology in the country, which has contributed to the growth of the Other Enterprise Software market.

Underlying macroeconomic factors: The growth of the Other Enterprise Software market in Mauritius is also influenced by broader macroeconomic factors such as the country's stable political environment, strong economic growth, and increasing levels of foreign investment. These factors have contributed to a favorable business environment, which has encouraged businesses to invest in technology and innovation to remain competitive. Furthermore, the country's strategic location and strong ties with other African countries make it an attractive destination for businesses looking to expand their operations in the region.

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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