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Office Software - Jordan

Jordan
  • The Office Software market in Jordan is expected to see a significant increase in revenue in the coming years.
  • By 2025, the projected revenue is set to reach US$9.88m units of currency.
  • This growth is expected to continue with an annual growth rate of 4.05% from 2025 to 2029.
  • As a result, the market volume is predicted to reach US$11.58m units by 2029.
  • When compared to other countries globally, United States is anticipated to generate the highest revenue in the Office Software market.
  • In 2025, the revenue United States is estimated to reach a staggering US$15.65bn units of currency.
  • Jordan's Office Software market is experiencing a surge in demand, driven by a growing number of local businesses adopting digital solutions for increased efficiency and productivity.

Revenue

Notes: Data was converted from local currencies using average exchange rates of the respective year.

Most recent update: Sep 2024

Source: Statista Market Insights

Notes: The chart “Comparable Estimates” shows the forecasted development of the selected market from different sources. Please see the additional information for methodology and publication date.

Most recent update: Jul 2024

Notes: Data was converted from local currencies using average exchange rates of the respective year.

Most recent update: Sep 2024

Source: Statista Market Insights

Key Players

Most recent update: Mar 2024

Source: Statista Market Insights

Analyst Opinion

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

Customer preferences:
Jordanian consumers have shown a preference for office software that is user-friendly, efficient, and cost-effective. They also value software that is compatible with different devices and platforms, allowing them to work seamlessly across different environments.

Trends in the market:
One of the key trends in the office software market in Jordan is the growing popularity of cloud-based solutions. This is driven by the increasing availability of high-speed internet, as well as the benefits of cloud software in terms of flexibility, scalability, and cost-effectiveness. Another trend is the rise of mobile-first solutions, catering to the growing number of consumers who use smartphones and tablets as their primary computing devices.

Local special circumstances:
Jordan has a relatively small market, with a population of around 10 million people. However, the country has a highly educated workforce, with a large number of skilled professionals in fields such as IT, engineering, and finance. This has created a demand for sophisticated office software that can support complex workflows and data analysis.

Underlying macroeconomic factors:
Jordan has a relatively stable economy, with a GDP of around $45 billion. The country has a well-developed IT sector, with a number of local and international companies operating in the market. The government has also implemented a number of initiatives to support the growth of the IT sector, including tax incentives and investment in infrastructure. However, the country faces a number of challenges, including high unemployment and a large refugee population. These factors may impact the demand for office software in the long term.

Global Comparison

Notes: Data was converted from local currencies using average exchange rates of the respective year.

Most recent update: Sep 2024

Sources: Statista Market Insights, Financial Statements of Key Players, National statistical offices

Methodology

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.

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Key Market Indicators

Notes: Based on data from IMF, World Bank, UN and Eurostat

Most recent update: Jan 2025

Source: Statista Market Insights

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