System Infrastructure Software - Kazakhstan

Kazakhstan

Revenue in the System Infrastructure Software market is projected to reach US$169.40m in 2024.
Revenue is expected to show an annual growth rate (CAGR 2024-2029) of 2.62%, resulting in a market volume of US$192.80m 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 Kazakhstan has been experiencing steady growth in recent years.

Customer preferences: Kazakhstan's market for system infrastructure software is largely driven by the need for efficient and secure IT systems in both private and public sectors. The increasing adoption of cloud computing technologies has led to a growing demand for software that can manage and secure these systems. Additionally, businesses are increasingly looking for software that can automate routine IT tasks, reduce downtime, and improve overall system performance.

Trends in the market: One of the key trends in the System Infrastructure Software market in Kazakhstan is the increasing adoption of open-source software. This is driven by the desire for cost-effective solutions and the flexibility that open-source software provides. Additionally, there is a growing trend towards software-defined infrastructure, which allows for greater automation and flexibility in managing IT systems. Another trend is the increasing demand for software that can manage and secure cloud-based systems.

Local special circumstances: Kazakhstan's IT market is relatively small compared to other countries in the region, but it is growing rapidly. The country has made significant investments in its IT infrastructure in recent years, with a particular focus on developing its digital economy. Additionally, the government has implemented a number of initiatives aimed at promoting the development of the country's IT sector. These initiatives include tax breaks for IT companies and the establishment of technology parks.

Underlying macroeconomic factors: Kazakhstan's economy has been growing steadily in recent years, driven by the country's natural resources and its strategic location between Europe and Asia. This has led to an increase in demand for IT solutions across a range of industries. Additionally, the government's focus on developing the digital economy has created opportunities for IT companies in the country. However, the market is still relatively small and highly competitive, with many international players vying for a share of the market.

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.