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The market for System Infrastructure Software in Finland has been experiencing growth in recent years.
Customer preferences: Finnish businesses have shown a preference for cloud-based solutions, leading to an increase in demand for System Infrastructure Software. This is due to the ease of use and accessibility provided by cloud-based solutions, as well as the cost savings associated with not having to maintain physical hardware.
Trends in the market: One trend in the System Infrastructure Software market in Finland is the increasing adoption of Software-as-a-Service (SaaS) solutions. This trend is driven by the aforementioned preference for cloud-based solutions, as well as the flexibility and scalability provided by SaaS offerings. Another trend is the growing focus on cybersecurity, with businesses seeking out solutions that provide robust security features to protect against cyber threats.
Local special circumstances: Finland has a strong technology sector, with many businesses specializing in software development and IT services. This has led to a high level of technological sophistication and a willingness to adopt new technologies, including System Infrastructure Software.
Underlying macroeconomic factors: Finland has a highly developed economy with a strong focus on innovation and technology. The country has a highly educated workforce and a favorable business environment, which has attracted many technology companies to establish a presence in the country. Additionally, Finland has a strong social welfare system and a high standard of living, which has contributed to a stable and prosperous economy.
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.Mon - Fri, 9am - 6pm (EST)
Mon - Fri, 9am - 5pm (SGT)
Mon - Fri, 10:00am - 6:00pm (JST)
Mon - Fri, 9:30am - 5pm (GMT)
Mon - Fri, 9am - 6pm (EST)