System Infrastructure Software - Egypt

Egypt

Egypt's System Infrastructure Software market is expected to experience significant growth in the coming years.
According to projections, the revenue in this market is estimated to reach US$72.48m in 2024.
This indicates a promising outlook for the industry in Egypt.
Furthermore, it is anticipated that the market will continue to expand at an annual growth rate of 5.26% between 2024 and 2029.
This steady growth trajectory is projected to result in a market volume of US$93.67m by 2029, reflecting the increasing demand for system infrastructure software in Egypt.
While in Egypt is poised for growth in this market segment, it is important to note that in a global comparison, United States is expected to generate the highest revenue.
In 2024, United States is projected to reach a revenue of US$80,080.00m, highlighting its dominant position in the global market.
These figures demonstrate the potential and competitiveness of the System Infrastructure Software market in Egypt, as well as the significant contribution of the United States to the overall revenue in this industry.
Egypt's growing IT sector is driving demand for system infrastructure software, fueling innovation and efficiency in the country's software market.

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

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Analyst Opinion

The demand for System Infrastructure Software in Egypt has been steadily increasing over the past few years.

Customer preferences: Egyptian customers have shown a preference for System Infrastructure Software that is reliable, secure, and easy to use. They also prefer software that is customizable to their specific needs and can integrate with their existing systems. Cloud-based solutions have become increasingly popular among customers as they offer flexibility and scalability.

Trends in the market: One of the major trends in the System Infrastructure Software market in Egypt is the adoption of artificial intelligence (AI) and machine learning (ML) technologies. These technologies have been integrated into many software solutions to improve their performance and efficiency. Another trend is the increasing popularity of open-source software, which is cost-effective and customizable.

Local special circumstances: Egypt has a large and growing population of tech-savvy young people who are driving the demand for technology solutions. The government has also been actively promoting the development of the technology sector, which has led to increased investment and innovation in the industry. Additionally, the COVID-19 pandemic has accelerated the adoption of digital technologies in Egypt, including System Infrastructure Software.

Underlying macroeconomic factors: Egypt has a large and growing economy, with a young and tech-savvy population. The government has been actively promoting the development of the technology sector, which has led to increased investment and innovation in the industry. Additionally, the COVID-19 pandemic has accelerated the adoption of digital technologies in Egypt, including System Infrastructure Software. The country's strategic location and access to international markets also make it an attractive destination for technology companies.

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.