System Infrastructure Software - Brunei Darussalam

Brunei Darussalam

Revenue in the System Infrastructure Software market is projected to reach US$6.61m in 2024.
Revenue is expected to show an annual growth rate (CAGR 2024-2029) of 1.78%, resulting in a market volume of US$7.22m 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 Brunei Darussalam is showing a steady growth in recent years.

Customer preferences: Brunei Darussalam is a small country in Southeast Asia with a population of less than half a million. However, the country is known for its high internet penetration rate, which is around 70%. This means that the demand for System Infrastructure Software is high among the tech-savvy population of Brunei Darussalam. Moreover, the government of Brunei Darussalam is investing heavily in digital infrastructure, which is boosting the adoption of System Infrastructure Software in the country.

Trends in the market: The System Infrastructure Software market in Brunei Darussalam is witnessing a shift towards cloud-based solutions. This is because cloud-based solutions offer scalability, flexibility, and cost-effectiveness, which are essential for small and medium-sized enterprises in the country. Moreover, the increasing demand for data storage and management is driving the growth of the System Infrastructure Software market in Brunei Darussalam. This is because System Infrastructure Software provides the necessary tools and services for data storage, management, and security.

Local special circumstances: Brunei Darussalam is a small country with a limited number of System Infrastructure Software providers. This means that the competition in the market is low, which is driving the growth of the market. Moreover, the government of Brunei Darussalam is actively promoting the adoption of digital technologies, which is creating a favorable environment for the growth of the System Infrastructure Software market in the country.

Underlying macroeconomic factors: The economy of Brunei Darussalam is heavily dependent on the oil and gas industry. However, the government of Brunei Darussalam is diversifying the economy by promoting the growth of the digital sector. This is driving the growth of the System Infrastructure Software market in the country. Moreover, the government is investing heavily in digital infrastructure, which is creating a favorable environment for the growth of the market. Additionally, the high internet penetration rate in the country is boosting the adoption of System Infrastructure Software among the population.

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.