Software in South Africa industry profile provides top-line qualitative and quantitative summary information including: market share, market size (value 2018-23, and forecast to 2028). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.
Key Highlights
- The software market encompasses applications used for business operations (e.g., ERP, CRM, etc.), as well as infrastructure software that manages IT systems and operations.
- The South African software market registered revenues of $8 billion in 2023, representing a compound annual growth rate (CAGR) of 6.5% between 2018 and 2023.
- The business process applications (BPA) segment accounted for the market's largest proportion in 2023, with total revenues of $2.2 billion, equivalent to 27.0% of the market's overall value.
- South Africa has been witnessing a growing demand for software in recent years, driven by the increased use of mobile devices, growing internet penetration, rising demand for digital technologies, and cloud computing by organizations and individuals.
Scope
- Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the software market in South Africa
- Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the software market in South Africa
- Leading company profiles reveal details of key software market players’ global operations and financial performance
- Add weight to presentations and pitches by understanding the future growth prospects of the South Africa software market with five year forecasts
Reasons to Buy
- What was the size of the South Africa software market by value in 2023?
- What will be the size of the South Africa software market in 2028?
- What factors are affecting the strength of competition in the South Africa software market?
- How has the market performed over the last five years?
- Who are the top competitors in South Africa's software market?
Table of Contents
1 Executive Summary
2 Market Overview
3 Market Data
4 Market Segmentation
5 Market Outlook
6 Five Forces Analysis
7 Competitive Landscape
8 Company Profiles
9 Macroeconomic Indicators
10 Appendix
List of Tables
List of Figures
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- Oracle Corporation
- Microsoft Corporation
- International Business Machines Corporation
- Alphabet Inc
