Market Insights Technology Software Productivity Software

Creative Software - Iran

Iran

Revenue in the Creative Software market is projected to reach US$125.00m in 2024.
Revenue is expected to show an annual growth rate (CAGR 2024-2028) of 1.72%, resulting in a market volume of US$133.80m by 2028.
In global comparison, most revenue will be generated in the United States (US$4,777.00m in 2024).

Key regions: Canada, Netherlands, Germany, Japan, China

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Analyst Opinion

The Creative Software market in Iran has seen significant development in recent years.

Customer preferences: The Iranian market for Creative Software has seen a surge in demand for video editing software, as more and more people are creating content for social media platforms. Additionally, there has been an increased demand for graphic design software as there is a growing number of small businesses and startups in the country that require professional design services.

Trends in the market: One of the key trends in the Creative Software market in Iran is the increasing adoption of cloud-based software. This is due to the convenience and flexibility offered by cloud-based solutions, which allow users to access their software and files from anywhere with an internet connection. Another trend is the growth of mobile applications for creative software, as more people are using their smartphones and tablets as their primary computing devices.

Local special circumstances: Iran has a large young population, with over 60% of the population under the age of 30. This demographic is highly tech-savvy and has a growing interest in creative content creation. Additionally, the country has a highly educated population, with a large number of graduates in fields such as graphic design, animation, and film production. This has created a strong demand for creative software in the country.

Underlying macroeconomic factors: The Iranian economy has been impacted by international sanctions, which have limited the country's ability to trade with other nations. This has led to a reliance on domestic production and the development of local industries, including the software industry. The government has also invested in the development of the technology sector, including the creative software industry, as part of its efforts to diversify the economy. These factors have contributed to the growth of the Creative Software market in Iran.

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.