System Infrastructure Software - ASEAN

ASEAN

Revenue in the System Infrastructure Software market is projected to reach US$1.78bn in 2024.
Revenue is expected to show an annual growth rate (CAGR 2024-2029) of 3.46%, resulting in a market volume of US$2.11bn by 2029.
In global comparison, most revenue will be generated in the United States (US$80,080.00m in 2024).

Key regions: France, Australia, China, Japan, Canada

Market

Region

Region comparison

Currency

Analyst Opinion

The System Infrastructure Software market in ASEAN has been growing steadily in recent years.

Customer preferences: Customers in ASEAN are increasingly looking for flexible and scalable system infrastructure software solutions that can be easily integrated with their existing IT systems. They also prioritize solutions that offer high levels of security and reliability.

Trends in the market: In Indonesia, the System Infrastructure Software market has been growing due to the country's rapidly expanding e-commerce sector, which has led to increased demand for cloud-based infrastructure solutions. In Thailand, the market has been driven by the government's push towards digital transformation, which has led to increased investment in IT infrastructure. In Singapore, the market has been buoyed by the country's status as a regional hub for technology and innovation.

Local special circumstances: One factor that has contributed to the growth of the System Infrastructure Software market in ASEAN is the region's large and growing population of young, tech-savvy consumers. This demographic is driving demand for new and innovative software solutions, particularly those that are mobile-friendly and easy to use. Additionally, the region's growing middle class is increasingly using online services for everything from shopping to banking, which has led to increased demand for reliable and secure IT infrastructure.

Underlying macroeconomic factors: The growth of the System Infrastructure Software market in ASEAN is also being driven by broader macroeconomic trends, including the region's strong economic growth and increasing levels of foreign investment. As ASEAN countries continue to develop and modernize their economies, there is a growing need for state-of-the-art IT infrastructure to support this growth. Additionally, the region's strategic location at the crossroads of major trade routes has made it an attractive destination for multinational companies looking to expand their operations in the Asia-Pacific region.

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.