Other Enterprise Software - Montenegro

The revenue in the Other Enterprise Software market in Montenegro is projected to reach US$7.68m in 2025.
This is expected to show an annual growth rate (CAGR 2025-2029) of 4.40%, resulting in a market volume of US$9.12m by 2029.
In Montenegro, the average Spend per Employee in the Other Enterprise Software market is projected to reach US$26.06 in 2025.
In global comparison, United States is expected to generate the most revenue with US$33.51bn in 2025.
Montenegro is experiencing a surge in adoption of other enterprise software, driven by its growing tech sector and commitment to digital transformation.

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

Software: market data & analysis

Montenegro, a small Balkan country, is experiencing a steady growth in the Other Enterprise Software market.

Customer preferences: Montenegro's market for Other Enterprise Software is driven by the increasing demand for digital transformation. Businesses in the country are looking to streamline their operations and reduce costs through automation. Additionally, the need for cloud-based solutions is growing as companies seek to improve their remote work capabilities.

Trends in the market: The Other Enterprise Software market in Montenegro is expected to continue its growth trajectory in the coming years. The market is being driven by the increasing adoption of cloud-based solutions, which offer flexibility and scalability to businesses. Additionally, there is a growing trend towards the use of artificial intelligence and machine learning in enterprise software, which is expected to further drive the growth of the market.

Local special circumstances: Montenegro's small size and developing economy present unique challenges and opportunities for the Other Enterprise Software market. While the market is not as large as some other countries in the region, it is growing steadily and presents opportunities for businesses that are looking to expand their operations in the Balkans. Additionally, Montenegro's strategic location on the Adriatic coast makes it an attractive destination for businesses that are looking to establish a presence in the region.

Underlying macroeconomic factors: Montenegro's economy is expected to continue growing in the coming years, driven by tourism, real estate, and infrastructure development. This growth is expected to translate into increased demand for enterprise software solutions as businesses seek to optimize their operations and take advantage of new opportunities. Additionally, Montenegro's ongoing integration with the European Union is expected to further drive the growth of the Other Enterprise Software market as businesses seek to comply with EU regulations and standards.

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.

Imagine a world without the apps you use daily, the games you enjoy, or the websites you rely on. Software development is the invisible hand behind this digital magic, transforming ideas into the tools that shape our lives. Software development is the process of creating, designing, deploying, and supporting software. It includes all the computer activities between the software's conception and final manifestation.

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.

Other Enterprise Software - Montenegro

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