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System Infrastructure Software - Montenegro

Montenegro
  • Montenegro is a country that has been experiencing steady growth in the field of System Infrastructure Software market.
  • In 2025, the revenue in this market segment is projected to reach US$18.89m, indicating a promising future for the industry.
  • Looking ahead, the annual growth rate (CAGR 2025-2030) is expected to be 1.80%, resulting in a market volume of US$20.65m by 2030.
  • Although in Montenegro is a relatively small country, it is important to note that this projection is part of a global comparison.
  • When compared to other countries, United States is expected to generate the highest revenue in the System Infrastructure Software market, reaching a staggering US$80.63bn in 2025.
  • This highlights the dominant position of the United States in this industry.
  • As in Montenegro continues to develop and invest in its technology sector, it is likely to contribute to the growth of the System Infrastructure Software market.
  • With its strategic location and potential for further expansion, in Montenegro has the opportunity to establish itself as a competitive player in this global market segment.
  • Montenegro's thriving software market is witnessing a surge in demand for system infrastructure software, driving innovation and technological advancements in the country.

Revenue

NOTES: Data was converted from local currencies using average exchange rates of the respective year.

MOST_RECENT_UPDATE: Apr 2025

SOURCE: Statista Market Insights

NOTES: The chart “Comparable Estimates” shows the forecasted development of the selected market from different sources. Please see the additional information for methodology and publication date.

MOST_RECENT_UPDATE: Jul 2024

NOTES: Data was converted from local currencies using average exchange rates of the respective year.

MOST_RECENT_UPDATE: Apr 2025

SOURCE: Statista Market Insights

Key Players

MOST_RECENT_UPDATE: Mar 2024

SOURCE: Statista Market Insights

Analyst Opinion

The System Infrastructure Software market in Montenegro is experiencing steady growth in recent years.

Customer preferences:
Montenegro's IT market is relatively small but growing, with a preference for cloud-based solutions and digital transformation. Customers are increasingly looking for software that can improve their business processes and efficiency, such as virtualization software and network management tools.

Trends in the market:
The market for system infrastructure software in Montenegro is dominated by international vendors, with a few local players. The trend towards cloud-based solutions is driving growth in the market, as more businesses look to move their operations to the cloud. Additionally, the increasing demand for data security and privacy is driving growth in the market for security software.

Local special circumstances:
Montenegro's IT market is relatively small, with a limited number of local vendors. As a result, international vendors dominate the market, offering a wide range of system infrastructure software solutions. The government is also investing in the development of the IT sector, which is expected to drive growth in the market.

Underlying macroeconomic factors:
Montenegro's economy is heavily reliant on the tourism industry, which has been hit hard by the COVID-19 pandemic. However, the government is investing in the development of other sectors, including the IT industry. The country's strategic location and favorable tax policies make it an attractive location for international businesses looking to expand into the Balkans region. These factors are expected to drive growth in the market for system infrastructure software in Montenegro in the coming years.

Global Comparison

NOTES: Data was converted from local currencies using average exchange rates of the respective year.

MOST_RECENT_UPDATE: Apr 2025

SOURCES: Statista Market Insights, Financial Statements of Key Players, National statistical offices

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.

Technology

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Software: market data & analysis  - BackgroundSoftware: market data & analysis  - Cover

Key Market Indicators

NOTES: Based on data from IMF, World Bank, UN and Eurostat

MOST_RECENT_UPDATE: Jan 2025

SOURCE: Statista Market Insights

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These activities are planned and put into stages in a logical order, a process known as the software development life cycle (SDLC) or software development. The SDLC often includes six stages: requirement analysis, design, development, testing, implementation, documentation, and evolution. Programming languages such as JavaScript and C++ are used to create software, with JavaScript being the most popular programming language in 2023 and used by roughly 65 percent of software developers.

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