System Infrastructure Software - Italy

Italy

Revenue in the System Infrastructure Software market is projected to reach US$1.66bn in 2024.
Revenue is expected to show an annual growth rate (CAGR 2024-2028) of 0.45%, resulting in a market volume of US$1.69bn 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

Market

Region

Region comparison

Currency

Analyst Opinion

Italy, known for its rich cultural heritage, is also one of the largest economies in Europe. The System Infrastructure Software market in Italy has been experiencing steady growth over the past few years.

Customer preferences: Customers in Italy are increasingly adopting cloud-based solutions for their IT infrastructure needs. This is due to the benefits of scalability, flexibility, and cost-effectiveness that cloud-based solutions offer. Additionally, Italian companies are becoming more aware of the need for cybersecurity measures, leading to increased demand for software that provides security features.

Trends in the market: One of the major trends in the System Infrastructure Software market in Italy is the adoption of Software as a Service (SaaS) solutions. SaaS solutions offer a cost-effective and scalable way for businesses to manage their IT infrastructure. Moreover, the market is witnessing the integration of Artificial Intelligence (AI) and Machine Learning (ML) into System Infrastructure Software, which is helping companies to automate their IT operations and improve efficiency. Another trend is the increasing demand for software that provides real-time analytics and monitoring of IT infrastructure.

Local special circumstances: Italy has a large number of small and medium-sized enterprises (SMEs), which form the backbone of the country's economy. These SMEs have unique IT infrastructure needs, and therefore require customized System Infrastructure Software solutions. Additionally, Italian businesses have a preference for local software providers who can provide personalized support and services.

Underlying macroeconomic factors: The Italian economy has been facing challenges in recent years, with slow growth and high levels of public debt. However, the government has been implementing reforms to improve the business environment and attract foreign investment. Additionally, the digitalization of the Italian economy is a priority for the government, which is investing in initiatives to improve the country's digital infrastructure. These factors are expected to drive the growth of the System Infrastructure Software market in Italy in the coming years.

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.