Definition:
In general, software is defined as a set of instructions written as programming code to execute specific tasks on a computing device. The Software market covers a wide range of software products and solutions that are publicly sold by various companies. Most software solutions in this market are designed for professional use, but some can also be suitable for personal use. They can also range from basic productivity tools such as word processors and spreadsheets to complex software solutions such as project management tools, graphic design software, and enterprise resource planning software.
Products in the Software market can be obtained in two ways: as on-premises software that is sold via a transactional license or a subscription and as cloud-based software (software as a service/ SaaS) that is most frequently sold as a subscription.
Structure:
The market contains four markets that are based on the functionality of the software:
Additional Information:
The Software market comprises revenue and revenue change as the key performance indicators. Only revenues that are generated by primary vendors at the manufacturer price level either directly or through distribution channels (excluding value-added tax) are included, and revenues generated by resellers are excluded. Revenues are generated through both online and offline sales channels and include spending by consumers (B2C), enterprises (B2B) as well as governments (B2G). Detailed definitions of each market can be found on the respective page where the market data is displayed.
Key players in this market include Microsoft, Adobe, SAP, Oracle, and Salesforce.
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Notes: Data was converted from local currencies using average exchange rates of the respective year.
Most recent update: Sep 2024
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: Sep 2024
Source: Statista Market Insights
Most recent update: Mar 2024
Source: Statista Market Insights
Uganda, a country in East Africa, is experiencing a significant growth in the Software market. The Software market in Uganda has been developing at a steady pace in recent years, driven by various factors such as customer preferences, local special circumstances, and underlying macroeconomic factors.
Customer preferences: Uganda's Software market is primarily driven by the demand for business software solutions. Businesses in Uganda are increasingly adopting software solutions to automate their operations and enhance their productivity. Moreover, the rise of e-commerce and online transactions has also led to an increase in the demand for Software solutions that can support digital payments and online transactions.
Trends in the market: One of the major trends in Uganda's Software market is the rise of cloud-based solutions. Cloud-based Software solutions are becoming increasingly popular among businesses as they offer greater flexibility, scalability, and cost-effectiveness compared to traditional on-premise solutions. Another trend in Uganda's Software market is the growth of mobile applications. With the rise of smartphone adoption in Uganda, businesses are developing mobile applications to reach a wider audience and provide their customers with a more convenient and personalized experience.
Local special circumstances: Uganda's Software market is also influenced by local special circumstances. One of the key factors is the availability of skilled software developers. Uganda has a growing pool of talented software developers who are driving the development of the local Software industry. Moreover, the government has been supporting the growth of the Software industry by providing incentives to local Software companies and promoting the development of IT infrastructure in the country.
Underlying macroeconomic factors: The growth of Uganda's Software market is also influenced by underlying macroeconomic factors such as the country's GDP growth, population growth, and increasing internet penetration. Uganda's GDP has been growing steadily in recent years, which has led to an increase in the number of businesses and consumers in the country. Additionally, Uganda has a young and growing population, which is increasingly tech-savvy and digitally connected. The increasing internet penetration in Uganda has also created a conducive environment for the growth of the Software market. In conclusion, Uganda's Software market is experiencing significant growth, driven by various factors such as customer preferences, local special circumstances, and underlying macroeconomic factors. With the rise of cloud-based solutions, mobile applications, and the availability of skilled software developers, Uganda's Software market is poised for continued growth in the coming years.
Notes: Data was converted from local currencies using average exchange rates of the respective year.
Most recent update: Sep 2024
Sources: Statista Market Insights, Financial Statements of Key Players, National statistical offices
Data coverage:
The data encompasses B2B, B2G, and B2C enterprises, except for the Enterprise Software segment, in which consumer (B2C) spending is not considered. Figures are based on the allocation to the country where the money was spent at manufacturer price level (excluding VAT).Modeling approach / Market size:
Market sizes are determined through a top-down approach with a bottom-up validation, building on a specific rationale for each market segment. As a basis for evaluating markets, we use annual financial reports of the market-leading companies and reports from our primary research. In addition, we use relevant key market indicators and data from country-specific associations, such as GDP, level of digitization, GDP sector composition, and observed level of software piracy. This data helps us estimate the market size for each country individually.Forecasts:
In our forecasts, we apply diverse forecasting techniques. The selection of forecasting techniques is based on the behavior of the relevant market. 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.Notes: Based on data from IMF, World Bank, UN and Eurostat
Most recent update: Jan 2025
Source: Statista Market Insights
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.