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Mon - Fri, 9am - 5pm (SGT)
Mon - Fri, 10:00am - 6:00pm (JST)
Mon - Fri, 9:30am - 5pm (GMT)
Mon - Fri, 9am - 6pm (EST)
Key regions: South Korea, China, Canada, United States, United Kingdom
The Other Enterprise Software market in Tajikistan has been experiencing steady growth in recent years, driven by various factors such as customer preferences and local special circumstances.
Customer preferences: Tajikistan's business landscape is dominated by small and medium-sized enterprises (SMEs) that are increasingly adopting digital solutions to streamline their operations. The demand for Other Enterprise Software is growing as these businesses look for ways to improve their efficiency and productivity. Additionally, the country's young and tech-savvy population is driving the adoption of new technologies, including enterprise software.
Trends in the market: Cloud-based solutions are gaining popularity in Tajikistan's Other Enterprise Software market, as they offer several advantages over traditional on-premise software. Cloud software is more affordable, easier to deploy, and requires less maintenance, making it an attractive option for SMEs with limited resources. Another trend is the integration of artificial intelligence (AI) and machine learning (ML) into enterprise software, which can help businesses automate routine tasks and gain valuable insights from their data.
Local special circumstances: Tajikistan's economy heavily relies on remittances from migrant workers, which account for approximately 30% of the country's GDP. The COVID-19 pandemic has disrupted the global economy and led to a decline in remittances, which has had a negative impact on Tajikistan's economy. However, the pandemic has also accelerated the adoption of digital solutions, including enterprise software, as businesses look for ways to adapt to the new normal.
Underlying macroeconomic factors: Tajikistan's economy has been growing steadily in recent years, with a GDP growth rate of 7.5% in 2019. The government has been making efforts to attract foreign investment and develop the country's infrastructure, which has created opportunities for businesses in various sectors. However, Tajikistan still faces challenges such as a high poverty rate and a lack of skilled labor, which could hinder the growth of the Other Enterprise Software market in the long run.
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)