System Infrastructure Software - Iran

Iran

Revenue in the System Infrastructure Software market is projected to reach US$1.99bn in 2024.
Revenue is expected to show an annual growth rate (CAGR 2024-2028) of 1.11%, resulting in a market volume of US$2.08bn by 2028.
In global comparison, most revenue will be generated in the United States (US$74,880.00m in 2024).

Key regions: Japan, United States, United Kingdom, Australia, France

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Analyst Opinion

Amidst the political and economic challenges that Iran is currently facing, the System Infrastructure Software market in the country is experiencing steady growth.

Customer preferences: Iranian customers are increasingly demanding software solutions that can support their business operations and enhance efficiency. As such, there is a growing demand for system infrastructure software that can provide reliable and secure data storage, network management, and server virtualization.

Trends in the market: One of the key trends in the System Infrastructure Software market in Iran is the adoption of cloud-based solutions. This trend is being driven by the need for flexible and scalable infrastructure that can support the growth of businesses in the country. Additionally, there is a growing trend towards the use of open-source software solutions, which are seen as more cost-effective and customizable than proprietary software.

Local special circumstances: Iran is currently facing economic sanctions that have impacted its ability to import technology products and services. As a result, there is a growing emphasis on the development of local technology solutions that can meet the needs of Iranian businesses. This has led to the emergence of a number of local software companies that are developing innovative solutions to meet the demands of the market.

Underlying macroeconomic factors: The Iranian economy has been impacted by a number of factors in recent years, including sanctions and the COVID-19 pandemic. Despite these challenges, the country has continued to invest in its technology infrastructure, with a particular focus on the development of local technology solutions. Additionally, the government has implemented a number of policies aimed at supporting the growth of the technology sector, including tax incentives and funding for research and development. These factors are contributing to the steady growth of the System Infrastructure 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.