Contact
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)
Key regions: France, United Kingdom, Australia, Canada, South Korea
Sudan, a country in North Africa, has been experiencing a steady growth in its Enterprise Software market in recent years.
Customer preferences: As the country's economy continues to grow, businesses are increasingly adopting Enterprise Software to improve their operations and increase productivity. This has led to a rising demand for software solutions that can automate business processes, manage customer relationships, and enhance data security.
Trends in the market: One of the major trends in the Enterprise Software market in Sudan is the adoption of cloud-based solutions. This is driven by the need for businesses to access their data and applications remotely, as well as the cost savings associated with cloud-based solutions. Another trend is the increasing use of mobile applications to access enterprise software, as more businesses embrace mobile technology to improve their operations.
Local special circumstances: Sudan's Enterprise Software market is unique in that it is heavily influenced by the country's political and economic situation. The lifting of US sanctions in 2017 has opened up opportunities for foreign investment and technology transfer, which has contributed to the growth of the market. However, the country's ongoing political instability and economic challenges present significant obstacles to the growth of the market.
Underlying macroeconomic factors: Sudan's Enterprise Software market is closely tied to the country's overall economic performance. The country's GDP growth rate has been on an upward trajectory in recent years, which has boosted business confidence and investment. However, the country's high inflation rate, currency devaluation, and limited access to foreign currency pose significant challenges to businesses operating in Sudan. Additionally, the country's limited technological infrastructure and low levels of digital literacy among the population also present challenges to the growth of the Enterprise Software 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)