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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)
The System Infrastructure Software market in Guatemala has been steadily growing in recent years.
Customer preferences: Guatemala has seen a rise in the use of cloud computing services, which has led to an increased demand for System Infrastructure Software. Small and medium-sized enterprises (SMEs) in particular have been adopting cloud-based solutions to reduce their IT costs and improve their overall efficiency.
Trends in the market: One of the major trends in the System Infrastructure Software market in Guatemala is the increasing demand for software-defined infrastructure. This technology allows for the automation of infrastructure management, which can improve operational efficiency and reduce costs. Another trend is the adoption of hyper-converged infrastructure, which combines storage, computing, and networking into a single system, simplifying IT management.
Local special circumstances: Guatemala has a relatively small market for System Infrastructure Software, which has led to a limited number of vendors operating in the country. This has created an opportunity for international vendors to enter the market and compete with local providers. The government has also been investing in improving the country's IT infrastructure, which has created new opportunities for vendors to provide their services.
Underlying macroeconomic factors: Guatemala has a growing economy, which has led to increased investment in IT infrastructure. The country's strategic location in Central America has also made it an attractive destination for companies looking to expand their operations in the region. However, Guatemala still faces challenges related to political instability and corruption, which can impact the business environment and deter foreign investment.
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)