Software Spending Statistics in Cape Verde (2026)

Cape Verde's software market is experiencing significant growth in 2026, driven largely by increased adoption of SaaS solutions across industries such as tourism, finance, and government. The total software expenditure has reached USD 45 million, with SaaS accounting for over 60% of this spend, reflecting a shift toward cloud-based services for cost efficiency and scalability. The rising number of SaaS providers indicates a vibrant local tech ecosystem with expanding digital services.

Per capita software spending in Cape Verde stands at USD 45, showcasing a steady rise from previous years, as businesses and government agencies prioritize digital transformation. The annual growth rate of nearly 15% underscores robust market expansion, supported by improved internet infrastructure and increased smartphone penetration. As the digital economy advances, software spending is expected to continue its upward trajectory, fostering economic development and innovation.