System Infrastructure Software - Western Asia

Western Asia

Revenue in the System Infrastructure Software market is projected to reach US$2.15bn in 2024.
Revenue is expected to show an annual growth rate (CAGR 2024-2029) of 1.97%, resulting in a market volume of US$2.37bn 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

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Analyst Opinion

The System Infrastructure Software market in Western Asia has been experiencing significant growth in recent years.

Customer preferences: The increasing demand for cloud-based solutions and the rising adoption of virtualization technologies are the primary factors driving the growth of the System Infrastructure Software market in Western Asia. Customers are increasingly looking for software solutions that can help them manage their IT infrastructure more efficiently and cost-effectively.

Trends in the market: One of the major trends in the System Infrastructure Software market in Western Asia is the increasing adoption of software-defined infrastructure solutions. These solutions enable organizations to automate and simplify the management of their IT infrastructure, resulting in improved efficiency and reduced costs. Another trend is the rising demand for hyper-converged infrastructure solutions, which integrate compute, storage, and networking into a single system, providing a more streamlined and scalable IT infrastructure.

Local special circumstances: The System Infrastructure Software market in Western Asia is characterized by a high level of fragmentation, with a large number of small and medium-sized players operating in the market. This has resulted in intense competition, with players competing on price, features, and customer service. Additionally, the market is highly regulated, with strict data protection and privacy laws in place, which has led to the development of specialized software solutions that cater to these requirements.

Underlying macroeconomic factors: The growth of the System Infrastructure Software market in Western Asia is being driven by several underlying macroeconomic factors. The region has a large and growing population, with a high proportion of young people who are increasingly tech-savvy and demand the latest technology solutions. Additionally, the region has a rapidly growing economy, with many countries investing heavily in infrastructure development, including IT infrastructure. Finally, the region has a large and growing IT industry, which is driving demand for System Infrastructure Software solutions.

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.