More productive than ever: Operators will build on 2020's massive growth due to releasing new software
The major companies writing operating systems (think Microsoft, Apple, Google) have become some of the world's largest, mostly due to their omnipresence in the devices people use almost hourly. Over the past 20 years, industry revenue more than tripled, untouched by the Great Recession and boosted by the pandemic. Microsoft Word and Excel have enabled executives and schoolchildren to easily command words and numbers. The industry has been richly rewarded for these world-changing applications, with revenue climbing at a CAGR of 6.9% to $160.4 billion in 2023, with profit reaching 15.8% and revenue rising 2.1% in 2023 alone.
Companies in this industry develop and publish operating systems and productivity software for computers and servers. An operating system is the interface with which computer users interact; productivity software includes basic applications, such as word processors, spreadsheets and slideshow creation tools. Companies may also generate revenue from tech support and software resales. This industry does not include computer hardware manufacturing or mobile phone operating system publishing.
This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry's key players and their market shares.
Table of Contents
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- Microsoft Corporation
- Apple Inc.
- Vmware Inc.
Methodology
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