Administrative Software - Greece | Statista Market Forecast

Greece is expected to witness significant growth in the Administrative Software market.
By 2024, the projected revenue is estimated to reach US$8.45m.
This revenue is expected to show an annual growth rate (CAGR 2024-2029) of 1.35%, ultimately leading to a market volume of US$9.04m by 2029.
In comparison to other countries, United States is expected to generate the highest revenue in this market, reaching US$7.44bn in 2024.
The demand for administrative software in Greece has seen a significant increase due to the government's digitalization efforts.

Definition:

The Administrative Software market covers software applications that are used to manage various administrative tasks and processes within an organization such as administration of IT infrastructure, standalone (non-ERP based) human resources management, and payroll management.

Products in the Administrative 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 Administrative Software market comprises revenue and revenue growth as the key performance indicators. Only 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 revenues generated by resellers are excluded. Revenues are generated through both online and offline sales channels and include spending by consumers (B2C), enterprises (B2B) as well as governments (B2G).

Key players in this market include Workday, Intuit, and ServiceNow.

For more information on the displayed data, use the info button right next to the boxes.

Core HR-software, such as Personio, BambooHR, and RUN Powered by ADP
Payroll software, such as Paycor, Gusto, and Paychex
Learning & development software, such as Docebo and Adobe Learning Manager
Compliance software, such as SiteDocs, Skillcast, and Netwrix

Talent acquisition, such as Lever, Greenhouse, and Zoho Recruit
Workforce management, such as ADP Workforce Now, BambooHR, and Zoho People

Administrative Software market in Greece has been growing at a steady pace in recent years. The market is witnessing a surge in demand for software solutions that can help businesses automate their administrative tasks and enhance their operational efficiency.

Customer preferences: Greek businesses are increasingly adopting administrative software solutions to streamline their operations and reduce costs. They are looking for software that can automate tasks such as invoicing, payroll, and inventory management. In addition, businesses are also looking for software that can provide them with real-time insights into their operations, enabling them to make informed decisions.

Trends in the market: One of the key trends in the administrative software market in Greece is the increasing adoption of cloud-based solutions. Cloud-based solutions offer businesses several benefits, including lower upfront costs, scalability, and accessibility from anywhere. Another trend in the market is the integration of artificial intelligence (AI) and machine learning (ML) technologies into administrative software solutions. These technologies can help businesses automate repetitive tasks and make more accurate predictions.Local Special circumstances: The administrative software market in Greece is highly competitive, with several local and international players vying for market share. The market is dominated by a few large players, but there are also several smaller players that cater to niche segments. In addition, the market is heavily regulated, and vendors need to comply with several laws and regulations to operate in the country.

Underlying macroeconomic factors: Greece has been recovering from a long period of economic turmoil, and the government has been implementing several reforms to boost economic growth. The country's GDP has been growing steadily, and unemployment rates have been declining. These factors have created a conducive environment for businesses to invest in administrative software solutions that can help them improve their operational efficiency and reduce costs. In addition, the government has been promoting the adoption of digital technologies, which has further boosted the demand for administrative software solutions.

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.