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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: Japan, Germany, China, Australia, Netherlands
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.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)