Key regions: South Korea, China, Canada, United States, United Kingdom
The Other Enterprise Software market in Sudan is experiencing growth due to several underlying macroeconomic factors.
Customer preferences: Sudanese companies are increasingly adopting Enterprise Resource Planning (ERP) software to streamline their business processes and increase efficiency. This is driven by the need to remain competitive and meet customer demands. Additionally, there is a growing demand for Customer Relationship Management (CRM) software as companies seek to improve their customer engagement and retention.
Trends in the market: The Other Enterprise Software market in Sudan is witnessing a shift towards cloud-based solutions as companies seek to reduce their IT costs and improve accessibility. This trend is expected to continue as more businesses embrace digital transformation. Another trend is the adoption of open-source software as companies seek to customize their solutions to meet their specific needs.
Local special circumstances: Sudan has a relatively small software market, which presents opportunities for local software developers to innovate and develop solutions tailored to the needs of Sudanese businesses. Additionally, the country's political instability and economic challenges have led to a growing focus on cost-cutting measures, which has driven the adoption of software solutions that can help businesses operate more efficiently.
Underlying macroeconomic factors: Sudan is experiencing a period of economic transition following the ousting of former President Omar al-Bashir in 2019. The country is seeking to attract foreign investment and modernize its economy, which has created opportunities for software companies to provide solutions that can help businesses operate more efficiently and effectively. Additionally, the country has a relatively young population, which is increasingly tech-savvy and open to adopting new technologies. This presents opportunities for software companies to tap into this growing market.
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.
Mon - Fri, 9am - 6pm (EST)
Mon - Fri, 9am - 5pm (SGT)
Mon - Fri, 10:00am - 6:00pm (JST)
Mon - Fri, 9:30am - 5pm (GMT)
Mon - Fri, 9am - 6pm (EST)
