Productivity Software - Egypt | Statista Market Forecast

in Egypt, a country in North Africa, is expected to see a significant revenue growth in the Productivity Software market.
By 2024, the projected revenue in this market segment is estimated to reach US$51.30m.
Among the various software categories, Office Software holds the largest market share, with a projected volume of US$17.14m in 2024.
This indicates the dominance of Office Software in the Egyptian market.
Looking ahead, the revenue in the Productivity Software market is expected to demonstrate a steady annual growth rate.
With a Compound Annual Growth Rate (CAGR) of 6.11% between 2024 and 2029, the market volume is anticipated to reach US$69.01m by 2029.
This growth signifies the increasing demand for productivity software in Egypt, driven by technological advancements and the need for efficient business operations.
In terms of global comparison, United States is projected to generate the highest revenue in the Productivity Software market.
In 2024 alone, United States is anticipated to generate a substantial revenue of US$40.87bn.
This highlights the significant market potential and economic impact of the Productivity Software market industry, both globally and withEgypt.
Egypt is experiencing a surge in demand for productivity software, as businesses seek to streamline their operations and enhance efficiency in the evolving digital landscape.

Definition:

The Productivity Software market covers software applications that are designed to support individuals and organizations in increasing their efficiency and effectiveness in carrying out their tasks. This market includes applications ranging from common office software to complex creative software applications that are used for both personal and business purposes.

Products in the Productivity 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.

Structure:

The Productivity Software market contains five markets that are based on the functionality of the software:

Administrative Software refers to software applications that are used to manage various administrative tasks and processes within an organization.
Collaboration Software refers to software applications that are used to facilitate communication and collaboration among teams and individuals within an organization.
Office Software refers to software applications that are used for productivity and work-related tasks in an office environment.
Creative Software refers to software applications designed to support tasks such as graphic design, video editing, 3D modeling, music composition, and photo editing.
Construction and Design Software refers to software applications in the areas such as Computer-Aided Design (CAD), Manufacturing (CAM), and Product Lifecycle Management (PLM).

Additional Information:

The Productivity 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). Detailed definitions of each market can be found on the respective page where the market data is displayed.

Key players in this market include Microsoft, Zoom, Adobe, SAP, and Dassault Systems.

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

Administrative software, such as ADP, Gusto, Workday, and SAP
Collaboration software, such as Google, Slack, and Zoom
Office software, such as Microsoft, Google, and Zoho
Creative software, such as Adobe, Canva, and Apple
Construction & design software, such as Dassault Systèmes, Autodesk, and Siemens

Operating system software, such as Microsoft Windows, Linux Operating System, and Apple macOS
Free-of-charge software, such as Airtable, Anaplan, and BlackLine
Custom applications, such as Sphinx Solutions, CHI Software, and Intellectsoft

The demand for productivity software in Egypt has been on the rise in recent years, driven by various factors.

Customer preferences: Egyptian businesses and individuals have been increasingly embracing digitalization and remote work, leading to a greater need for productivity software. In addition, with a growing number of startups and small businesses in the country, there is a greater demand for affordable and user-friendly productivity tools.

Trends in the market: One of the key trends in the productivity software market in Egypt is the shift towards cloud-based solutions. This is driven by the need for remote access and collaboration, as well as the lower cost and greater flexibility of cloud-based software. Another trend is the increasing popularity of mobile productivity apps, as more Egyptians access the internet and conduct business on their smartphones.

Local special circumstances: Egypt has a large and relatively young population, with a high proportion of internet users and a growing tech-savvy community. This has created a favorable environment for the growth of the productivity software market, as businesses and individuals seek to improve their efficiency and productivity. In addition, the government has been actively promoting entrepreneurship and innovation, which has led to a greater demand for productivity tools among startups and small businesses.

Underlying macroeconomic factors: Egypt has been experiencing steady economic growth in recent years, with a focus on diversifying the economy and attracting foreign investment. This has created a more favorable business environment, which has led to an increase in the number of startups and small businesses in the country. In addition, the government has been investing in infrastructure and digitalization, which has created more opportunities for the productivity software market. However, there are still challenges in terms of the regulatory environment and access to funding, which could impact the growth of the market in the future.

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.