System Infrastructure Software - Greece

Greece

Revenue in the System Infrastructure Software market is projected to reach US$95.73m in 2024.
Revenue is expected to show an annual growth rate (CAGR 2024-2029) of 0.63%, resulting in a market volume of US$98.79m 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 Greece has been experiencing significant growth in recent years.

Customer preferences: Greek customers are increasingly seeking out software solutions that can help them manage their IT infrastructure more efficiently. This has led to a growing demand for System Infrastructure Software, which provides tools for managing servers, storage, and networking devices.

Trends in the market: One of the key trends in the System Infrastructure Software market in Greece is the growing adoption of cloud-based solutions. Many companies are now moving their IT infrastructure to the cloud, which requires new tools for managing and monitoring these environments. As a result, vendors of System Infrastructure Software are increasingly offering cloud-based solutions to meet this demand.Another trend in the market is the increasing importance of security and compliance. With the rise of cyber threats and regulations such as GDPR, companies are looking for software solutions that can help them manage their security and compliance requirements. This has led to the development of new features and capabilities in System Infrastructure Software, such as security monitoring and compliance reporting.

Local special circumstances: Greece has a highly competitive IT market, with many local and international vendors offering a wide range of solutions. This has led to a diverse range of System Infrastructure Software options for customers to choose from, with varying levels of functionality and pricing.

Underlying macroeconomic factors: The growth of the System Infrastructure Software market in Greece can be attributed to several underlying macroeconomic factors. One of the key drivers is the increasing adoption of digital technologies by Greek businesses, which has led to a growing need for IT infrastructure management tools. Additionally, the Greek government has been investing in digital infrastructure and promoting the growth of the IT sector, which has helped to create a favorable environment for software vendors. Finally, the COVID-19 pandemic has accelerated the adoption of digital technologies, as many companies have had to rapidly transition to remote work and online operations. This has further increased the demand for System Infrastructure Software in Greece.

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.