System Infrastructure Software - Austria

Austria

Revenue in the System Infrastructure Software market is projected to reach US$0.58bn in 2024.
Revenue is expected to show an annual growth rate (CAGR 2024-2029) of 0.34%, resulting in a market volume of US$0.59bn 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

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Analyst Opinion

The System Infrastructure Software market in Austria has been experiencing steady growth in recent years.

Customer preferences: Austrian customers have been increasingly interested in cloud-based solutions and software-as-a-service (SaaS) offerings. This is due to the convenience and flexibility that these solutions provide, as well as the cost savings that they offer. Additionally, there has been a growing demand for cybersecurity solutions in the wake of several high-profile data breaches.

Trends in the market: One major trend in the System Infrastructure Software market in Austria is the increasing adoption of hybrid cloud solutions. This allows companies to take advantage of the benefits of both public and private cloud environments, and provides greater flexibility and scalability. Another trend is the growing importance of artificial intelligence and machine learning in System Infrastructure Software, as companies look to automate and optimize their IT operations.

Local special circumstances: Austria has a highly developed IT industry, with a large number of software developers and IT service providers. This has helped to drive innovation in the System Infrastructure Software market, as companies look to differentiate themselves from their competitors. Additionally, the country has a strong focus on data privacy and security, which has led to a greater emphasis on cybersecurity solutions.

Underlying macroeconomic factors: Austria has a stable and prosperous economy, which has helped to drive demand for System Infrastructure Software. Additionally, the country has a highly skilled workforce and a strong tradition of innovation, which has made it an attractive location for software development and IT services. Finally, the government has been supportive of the IT industry, with a range of policies and initiatives aimed at promoting innovation and growth.

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.