System Infrastructure Software - Jordan

Jordan

Revenue in the System Infrastructure Software market is projected to reach US$47.50m in 2024.
Revenue is expected to show an annual growth rate (CAGR 2024-2028) of 2.70%, resulting in a market volume of US$52.85m 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

The System Infrastructure Software market in Jordan has been steadily growing over the past few years, driven by a combination of factors such as customer preferences, local special circumstances, and underlying macroeconomic factors.

Customer preferences: Jordanian customers prefer System Infrastructure Software that is reliable, secure, and easy to use. They also tend to prioritize solutions that are cost-effective and scalable, allowing them to meet their business needs without breaking the bank. As a result, vendors that offer solutions with these features tend to perform well in the market.

Trends in the market: One trend that has been observed in the System Infrastructure Software market in Jordan is the increasing adoption of cloud-based solutions. This trend is driven by the need for more flexible and scalable solutions that can be accessed from anywhere, at any time. Additionally, there has been a growing demand for solutions that can help organizations manage their data more effectively, especially in light of the increasing importance of data privacy and security.

Local special circumstances: Jordan's strategic location in the Middle East has made it an attractive destination for foreign investment in recent years. This has led to an increase in the number of businesses operating in the country, which in turn has created a growing demand for System Infrastructure Software. Additionally, Jordan's government has been actively promoting the country as a hub for technology and innovation, which has helped to attract more investment and talent to the country.

Underlying macroeconomic factors: Jordan's economy has been growing steadily in recent years, driven by a combination of factors such as increased investment, a growing tourism sector, and a stable political environment. This has created a favorable environment for businesses operating in the country, including those in the System Infrastructure Software market. Additionally, Jordan's young and tech-savvy population has helped to drive demand for technology solutions, including System Infrastructure Software.

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.