+353-1-416-8900REST OF WORLD
+44-20-3973-8888REST OF WORLD
1-917-300-0470EAST COAST U.S
1-800-526-8630U.S. (TOLL FREE)

Software Products Global Market Report 2021: COVID-19 Impact and Recovery to 2030

  • PDF Icon

    Report

  • January 2021
  • Region: Global
  • The Business Research Company
  • ID: 5240293
Software Products Global Market Report 2021: COVID-19 Impact and Recovery to 2030 provides the strategists, marketers and senior management with the critical information they need to assess the global software products market as it emerges from the COVID-19 shut down.







Reasons to Purchase
  • Gain a truly global perspective with the most comprehensive report available on this market covering 50+ geographies.
  • Understand how the market is being affected by the coronavirus and how it is likely to emerge and grow as the impact of the virus abates.
  • Create regional and country strategies on the basis of local data and analysis.
  • Identify growth segments for investment.
  • Outperform competitors using forecast data and the drivers and trends shaping the market.
  • Understand customers based on the latest market research findings.
  • Benchmark performance against key competitors.
  • Utilize the relationships between key data sets for superior strategizing.
  • Suitable for supporting your internal and external presentations with reliable high quality data and analysis

Description:

Where is the largest and fastest growing market for the software products? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? The Software Products market global report answers all these questions and many more.

The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market’s historic and forecast market growth by geography. It places the market within the context of the wider software products market, and compares it with other markets.
  • The market characteristics section of the report defines and explains the market.
  • The market size section gives the market size ($b) covering both the historic growth of the market, the impact of the COVID-19 virus and forecasting its recovery.
  • Market segmentations break down market into sub markets.
  • The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by geography and compares their historic and forecast growth. It covers the impact and recovery trajectory of COVID-19 for all regions, key developed countries and major emerging markets.
  • Competitive landscape gives a description of the competitive nature of the market, market shares, and a description of the leading companies. Key financial deals which have shaped the market in recent years are identified.
  • The trends and strategies section analyses the shape of the market as it emerges from the crisis and suggests how companies can grow as the market recovers.
  • The software products market section of the report gives context. It compares the software products market with other segments of the information technology market by size and growth, historic and forecast. It analyses GDP proportion, expenditure per capita, software products indicators comparison.

Scope

Markets Covered:
1) By Type: Operating Systems & Productivity Software Publishing; Database, Storage & Backup Software Publishing; Business Analytics & Enterprise Software; Video Game Software; Design, Editing & Rendering Software
2) By Application: Large Enterprises; Small And Medium Enterprises
3) By End-User Industry: BFSI; Media And Entertainment; IT and Telecommunications; Energy And Utilities; Government And Public Sector; Retail And Consumer Goods; Manufacturing; Others

Subsegments Covered: Operating Systems; Productivity Software Publishing; Database Software; Middleware Software; Storage And Backup Software; ERP Software; BI Software; CRM Software; SCM Software; Other Software; Browser Games; PC Games; Smart Phone/Tablet Games; Console Games; Engineering Design Software; Animation And VFX Design Software; Image/Video Editing And Graphic Design Software

Companies Mentioned: Microsoft; HP Inc; Oracle; Dell Technologies; IBM

Metrics Covered: Number of Enterprises; Number of Employees

Countries: Argentina; Australia; Austria; Belgium; Brazil; Canada; Chile; China; Colombia; Czech Republic; Denmark; Egypt; Finland; France; Germany; Hong Kong; India; Indonesia; Ireland; Israel; Italy; Japan; Malaysia; Mexico; Netherlands; New Zealand; Nigeria; Norway; Peru; Philippines; Poland; Portugal; Romania; Russia; Saudi Arabia; Singapore; South Africa; South Korea; Spain; Sweden; Switzerland; Thailand; Turkey; UAE; UK; USA; Venezuela; Vietnam

Regions: Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa

Time series: Five years historic and ten years forecast.

Data: Ratios of market size and growth to related markets, GDP proportions, expenditure per capita, software products indicators comparison.

Data segmentations: country and regional historic and forecast data, market share of competitors, market segments.

Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes.
Frequently Asked Questions about the Global Software Products Market

What is the estimated value of the Global Software Products Market?

The Global Software Products Market was estimated to be valued at $968.25 billion in 2021.

What is the growth rate of the Global Software Products Market?

The growth rate of the Global Software Products Market is 11.4%, with an estimated value of $1493.07 billion by 2025.

What is the forecasted size of the Global Software Products Market?

The Global Software Products Market is estimated to be worth $1493.07 billion by 2025.

Who are the key companies in the Global Software Products Market?

Key companies in the Global Software Products Market include Microsoft, HP Inc, Oracle and IBM.

Table of Contents

1. Executive Summary2. Report Structure
3. Software Products Market Characteristics
3.1. Market Definition
3.2. Key Segmentations
4. Software Products Market Product Analysis
4.1. Leading Products/ Services
4.2. Key Features and Differentiators
4.3. Development Products
5. Software Products Market Supply Chain
5.1. Supply Chain
5.2. Distribution
5.3. End Customers
6. Software Products Market Customer Information
6.1. Customer Preferences
6.2. End Use Market Size and Growth
7. Software Products Market Trends And Strategies8. Impact Of COVID-19 On Software Products
9. Software Products Market Size And Growth
9.1. Market Size
9.2. Historic Market Growth, Value ($ Billion)
9.2.1. Drivers Of The Market
9.2.2. Restraints On The Market
9.3. Forecast Market Growth, Value ($ Billion)
9.3.1. Drivers Of The Market
9.3.2. Restraints On The Market
10. Software Products Market Regional Analysis
10.1. Global Software Products Market, 2020, By Region, Value ($ Billion)
10.2. Global Software Products Market, 2015-2020, 2020-2025F, 2030F, Historic And Forecast, By Region
10.3. Global Software Products Market, Growth And Market Share Comparison, By Region
11. Software Products Market Segmentation
11.1. Global Software Products Market, Segmentation By Type, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
  • Operating Systems & Productivity Software Publishing
  • Database, Storage & Backup Software Publishing
  • Business Analytics & Enterprise Software
  • Video Game Software
  • Design, Editing & Rendering Software
11.2. Global Software Products Market, Segmentation By Application, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
  • Large Enterprises
  • Small And Medium Enterprises
11.3. Global Software Products Market, Segmentation By End-User Industry, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
  • BFSI
  • Media And Entertainment
  • IT and Telecommunications
  • Energy And Utilities
  • Government And Public Sector
  • Retail And Consumer Goods
  • Manufacturing
  • Others

12. Software Products Market Segments
12.1. Global Operating Systems & Productivity Software Publishing Market, Segmentation By Type, 2015-2020, 2020-2025F, 2030F, Value ($ Billion) - Operating Systems; Productivity Software Publishing
12.2. Global Database, Storage & Backup Software Publishing Market, Segmentation By Type, 2015-2020, 2020-2025F, 2030F, Value ($ Billion) - Database Software; Middleware Software; Storage And Backup Software
12.3. Global Business Analytics & Enterprise Software Market, Segmentation By Type, 2015-2020, 2020-2025F, 2030F, Value ($ Billion) - ERP Software; BI Software; CRM Software; SCM Software; Other Software
12.4. Global Video Game Software Market, Segmentation By Type, 2015-2020, 2020-2025F, 2030F, Value ($ Billion) - Browser Games; PC Games; Smart Phone/Tablet Games; Console Games
12.5. Global Design, Editing & Rendering Software Market, Segmentation By Type, 2015-2020, 2020-2025F, 2030F, Value ($ Billion) - Engineering Design Software; Animation And VFX Design Software; Image/Video Editing And Graphic Design Software
13. Software Products Market Metrics
13.1. Software Products Market Size, Percentage Of GDP, 2015-2025, Global
13.2. Per Capita Average Software Products Market Expenditure, 2015-2025, Global
14. Asia-Pacific Software Products Market
14.1. Asia-Pacific Software Products Market Overview
  • Region Information, Impact Of COVID-19, Market Information, Background Information, Government Initiatives, Regulations, Regulatory Bodies, Major Associations, Taxes Levied, Corporate Tax Structure, Investments, Major Companies
14.2. Asia-Pacific, Software Products Market, 2020, By Country, Value ($ Billion)
14.3. Asia-Pacific, Software Products Market, 2015-2020, 2020-2025F, 2030F, Historic And Forecast, By Country
14.4. Asia-Pacific, Software Products Market, 2015-2020, 2020-2025F, 2030F, Growth And Market Share Comparison, By Country
14.5. Asia-Pacific, Software Products Market Metrics
14.5.1. Software Products Market Size, Percentage Of GDP, 2015-2025, Asia-Pacific Countries
14.5.2. Number of Enterprises, Software Products Market, Software Products Market/Number of Enterprises, 2020, Asia-Pacific Countries
14.5.3. Number of Employees, Software Products Market, Software Products Market/Number of Employees, 2020, Asia-Pacific Countries
14.6. Asia-Pacific Software Products Market, Segmentation By Type, 2015-2020, 2020-2025F, 2030F, Value ($ Billion)
14.7. Asia-Pacific Software Products Market: Country Analysis
14.7.1. China Software Products Market
14.7.1.1. China Software Products Market Overview
14.7.1.2. China Software Products Market, Segmentation By Type, 2015-2020, 2020-2025F, 2030F, Value ($ Billion)
14.7.2. Australia Software Products Market
14.7.2.1. Australia Software Products Market, Segmentation By Type, 2015-2020, 2020-2025F, 2030F, Value ($ Billion)
14.7.3. Hong Kong Software Products Market
14.7.3.1. Hong Kong Software Products Market, Segmentation By Type, 2015-2020, 2020-2025F, 2030F, Value ($ Billion)
14.7.4. India Software Products Market
14.7.4.1. India Software Products Market, Segmentation By Type, 2015-2020, 2020-2025F, 2030F, Value ($ Billion)
14.7.5. Indonesia Software Products Market
14.7.5.1. Indonesia Software Products Market, Segmentation By Type, 2015-2020, 2020-2025F, 2030F, Value ($ Billion)
14.7.6. Japan Software Products Market
14.7.6.1. Japan Software Products Market, Segmentation By Type, 2015-2020, 2020-2025F, 2030F, Value ($ Billion)
14.7.7. Malaysia Software Products Market
14.7.7.1. Malaysia Software Products Market, Segmentation By Type, 2015-2020, 2020-2025F, 2030F, Value ($ Billion)
14.7.8. New Zealand Software Products Market
14.7.8.1. New Zealand Software Products Market, Segmentation By Type, 2015-2020, 2020-2025F, 2030F, Value ($ Billion)
14.7.9. Philippines Software Products Market
14.7.9.1. Philippines Software Products Market, Segmentation By Type, 2015-2020, 2020-2025F, 2030F, Value ($ Billion)
14.7.10. Singapore Software Products Market
14.7.10.1. Singapore Software Products Market, Segmentation By Type, 2015-2020, 2020-2025F, 2030F, Value ($ Billion)
14.7.11. South Korea Software Products Market
14.7.11.1. South Korea Software Products Market, Segmentation By Type, 2015-2020, 2020-2025F, 2030F, Value ($ Billion)
14.7.12. Thailand Software Products Market
14.7.12.1. Thailand Software Products Market, Segmentation By Type, 2015-2020, 2020-2025F, 2030F, Value ($ Billion)
14.7.13. Vietnam Software Products Market
14.7.13.1. Vietnam Software Products Market, Segmentation By Type, 2015-2020, 2020-2025F, 2030F, Value ($ Billion)
15. Western Europe Software Products Market
15.1. Western Europe Software Products Market Overview
15.2. Western Europe, Software Products Market, 2020, By Country, Value ($ Billion)
15.3. Western Europe, Software Products Market, 2015-2020, 2020-2025F, 2030F, Historic And Forecast, By Country
15.4. Western Europe, Software Products Market, 2015-2020, 2020-2025F, 2030F, Growth And Market Share Comparison, By Country
15.5. Western Europe, Software Products Market Metrics
15.5.1. Software Products Market Size, Percentage Of GDP, 2015-2025, Western Europe Countries
15.5.2. Number of Enterprises, Software Products Market, Software Products Market/Number of Enterprises, 2020, Western Europe Countries
15.5.3. Number of Employees, Software Products Market, Software Products Market/Number of Employees, 2020, Western Europe Countries
15.6. Western Europe Software Products Market, Segmentation By Type, 2015-2020, 2020-2025F, 2030F, Value ($ Billion)
15.7. Western Europe Software Products Market: Country Analysis
15.7.1. Austria Software Products Market
15.7.1.1. Austria Software Products Market, Segmentation By Type, 2015-2020, 2020-2025F, 2030F, Value ($ Billion)
15.7.2. Belgium Software Products Market
15.7.2.1. Belgium Software Products Market, Segmentation By Type, 2015-2020, 2020-2025F, 2030F, Value ($ Billion)
15.7.3. Denmark Software Products Market
15.7.3.1. Denmark Software Products Market, Segmentation By Type, 2015-2020, 2020-2025F, 2030F, Value ($ Billion)
15.7.4. Finland Software Products Market
15.7.4.1. Finland Software Products Market, Segmentation By Type, 2015-2020, 2020-2025F, 2030F, Value ($ Billion)
15.7.5. France Software Products Market
15.7.5.1. France Software Products Market, Segmentation By Type, 2015-2020, 2020-2025F, 2030F, Value ($ Billion)
15.7.6. Germany Software Products Market
15.7.6.1. Germany Software Products Market, Segmentation By Type, 2015-2020, 2020-2025F, 2030F, Value ($ Billion)
15.7.7. Ireland Software Products Market
15.7.7.1. Ireland Software Products Market, Segmentation By Type, 2015-2020, 2020-2025F, 2030F, Value ($ Billion)
15.7.8. Italy Software Products Market
15.7.8.1. Italy Software Products Market, Segmentation By Type, 2015-2020, 2020-2025F, 2030F, Value ($ Billion)
15.7.9. Netherlands Software Products Market
15.7.9.1. Netherlands Software Products Market, Segmentation By Type, 2015-2020, 2020-2025F, 2030F, Value ($ Billion)
15.7.10. Norway Software Products Market
15.7.10.1. Norway Software Products Market, Segmentation By Type, 2015-2020, 2020-2025F, 2030F, Value ($ Billion)
15.7.11. Portugal Software Products Market
15.7.11.1. Portugal Software Products Market, Segmentation By Type, 2015-2020, 2020-2025F, 2030F, Value ($ Billion)
15.7.12. Spain Software Products Market
15.7.12.1. Spain Software Products Market, Segmentation By Type, 2015-2020, 2020-2025F, 2030F, Value ($ Billion)
15.7.13. Sweden Software Products Market
15.7.13.1. Sweden Software Products Market, Segmentation By Type, 2015-2020, 2020-2025F, 2030F, Value ($ Billion)
15.7.14. Switzerland Software Products Market
15.7.14.1. Switzerland Software Products Market, Segmentation By Type, 2015-2020, 2020-2025F, 2030F, Value ($ Billion)
15.7.15. UK Software Products Market
15.7.15.1. UK Software Products Market, Segmentation By Type, 2015-2020, 2020-2025F, 2030F, Value ($ Billion)
16. Eastern Europe Software Products Market
16.1. Eastern Europe Software Products Market Overview
16.2. Eastern Europe, Software Products Market, 2020, By Country, Value ($ Billion)
16.3. Eastern Europe, Software Products Market, 2015-2020, 2020-2025F, 2030F, Historic And Forecast, By Country
16.4. Eastern Europe, Software Products Market, 2015-2020, 2020-2025F, 2030F, Growth And Market Share Comparison, By Country
16.5. Eastern Europe, Software Products Market Metrics
16.5.1. Software Products Market Size, Percentage Of GDP, 2015-2025, Eastern Europe Countries
16.5.2. Number of Enterprises, Software Products Market, Software Products Market/Number of Enterprises, 2020, Eastern Europe Countries
16.5.3. Number of Employees, Software Products Market, Software Products Market/Number of Employees, 2020, Eastern Europe Countries
16.6. Eastern Europe Software Products Market, Segmentation By Type, 2015-2020, 2020-2025F, 2030F, Value ($ Billion)
16.7. Eastern Europe Software Products Market: Country Analysis
16.7.1. Czech Republic Software Products Market,
16.7.1.1. Czech Republic Software Products Market, Segmentation By Type, 2015-2020, 2020-2025F, 2030F, Value ($ Billion)
16.7.2. Poland Software Products Market
16.7.2.1. Poland Software Products Market, Segmentation By Type, 2015-2020, 2020-2025F, 2030F, Value ($ Billion)
16.7.3. Romania Software Products Market
16.7.3.1. Romania Software Products Market, Segmentation By Type, 2015-2020, 2020-2025F, 2030F, Value ($ Billion)
16.7.4. Russia Software Products Market
16.7.4.1. Russia Software Products Market, Segmentation By Type, 2015-2020, 2020-2025F, 2030F, Value ($ Billion)
17. North America Software Products Market
17.1. North America Software Products Market Overview
17.2. North America, Software Products Market, 2020, By Country, Value ($ Billion)
17.3. North America, Software Products Market, 2015-2020, 2020-2025F, 2030F, Historic And Forecast, By Country
17.4. North America, Software Products Market, 2015-2020, 2020-2025F, 2030F, Growth And Market Share Comparison, By Country
17.5. North America, Software Products Market Metrics
17.5.1. Software Products Market Size, Percentage Of GDP, 2015-2025, North America Countries
17.5.2. Number of Enterprises, Software Products Market, Software Products Market/Number of Enterprises, 2020, North America Countries
17.5.3. Number of Employees, Software Products Market, Software Products Market/Number of Employees, 2020, North America Countries
17.6. North America Software Products Market, Segmentation By Type, 2015-2020, 2020-2025F, 2030F, Value ($ Billion)
17.7. North America Software Products Market: Country Analysis
17.7.1. Canada Software Products Market
17.7.1.1. Canada Software Products Market, Segmentation By Type, 2015-2020, 2020-2025F, 2030F, Value ($ Billion)
17.7.2. Mexico Software Products Market
17.7.2.1. Mexico Software Products Market, Segmentation By Type, 2015-2020, 2020-2025F, 2030F, Value ($ Billion)
17.7.3. USA Software Products Market
17.7.3.1. USA Software Products Market Overview
17.7.3.2. USA Software Products Market, Segmentation By Type, 2015-2020, 2020-2025F, 2030F, Value ($ Billion)
18. South America Software Products Market
18.1. South America Software Products Market Overview
18.2. South America, Software Products Market, 2020, By Country, Value ($ Billion)
18.3. South America, Software Products Market, 2015-2020, 2020-2025F, 2030F, Historic And Forecast, By Country
18.4. South America, Software Products Market, 2015-2020, 2020-2025F, 2030F, Growth And Market Share Comparison, By Country
18.5. South America, Software Products Market Metrics
18.5.1. Software Products Market Size, Percentage Of GDP, 2015-2025, South America Countries
18.5.2. Number of Enterprises, Software Products Market, Software Products Market/Number of Enterprises, 2020, South America Countries
18.5.3. Number of Employees, Software Products Market, Software Products Market/Number of Employees, 2020, South America Countries
18.6. South America Software Products Market, Segmentation By Type, 2015-2020, 2020-2025F, 2030F, Value ($ Billion)
18.7. South America Software Products Market: Country Analysis
18.7.1. Argentina Software Products Market
18.7.1.1. Argentina Software Products Market, Segmentation By Type, 2015-2020, 2020-2025F, 2030F, Value ($ Billion)
18.7.2. Brazil Software Products Market
18.7.2.1. Brazil Software Products Market, Segmentation By Type, 2015-2020, 2020-2025F, 2030F, Value ($ Billion)
18.7.3. Chile Software Products Market
18.7.3.1. Chile Software Products Market, Segmentation By Type, 2015-2020, 2020-2025F, 2030F, Value ($ Billion)
18.7.4. Colombia Software Products Market
18.7.4.1. Colombia Software Products Market, Segmentation By Type, 2015-2020, 2020-2025F, 2030F, Value ($ Billion)
18.7.5. Peru Software Products Market
18.7.5.1. Peru Software Products Market, Segmentation By Type, 2015-2020, 2020-2025F, 2030F, Value ($ Billion)
18.7.6. Venezuela Software Products Market
18.7.6.1. Venezuela Software Products Market, Segmentation By Type, 2015-2020, 2020-2025F, 2030F, Value ($ Billion)
19. Middle East Software Products Market
19.1. Middle East Software Products Market Overview
19.2. Middle East, Software Products Market, 2020, By Country, Value ($ Billion)
19.3. Middle East, Software Products Market, 2015-2020, 2020-2025F, 2030F, Historic And Forecast, By Country
19.4. Middle East, Software Products Market, 2015-2020, 2020-2025F, 2030F, Growth And Market Share Comparison, By Country
19.5. Middle East, Software Products Market Metrics
19.5.1. Software Products Market Size, Percentage Of GDP, 2015-2025, Middle East Countries
19.5.2. Number of Enterprises, Software Products Market, Software Products Market/Number of Enterprises, 2020, Middle East Countries
19.5.3. Number of Employees, Software Products Market, Software Products Market/Number of Employees, 2020, Middle East Countries
19.6. Middle East Software Products Market, Segmentation By Type, 2015-2020, 2020-2025F, 2030F, Value ($ Billion)
19.7. Middle East Software Products Market: Country Analysis
19.7.1. Saudi Arabia Software Products Market
19.7.1.1. Saudi Arabia Software Products Market, Segmentation By Type, 2015-2020, 2020-2025F, 2030F, Value ($ Billion)
19.7.2. Israel Software Products Market
19.7.2.1. Israel Software Products Market, Segmentation By Type, 2015-2020, 2020-2025F, 2030F, Value ($ Billion)
19.7.3. Turkey Software Products Market
19.7.3.1. Turkey Software Products Market, Segmentation By Type, 2015-2020, 2020-2025F, 2030F, Value ($ Billion)
19.7.4. UAE Software Products Market
19.7.4.1. UAE Software Products Market, Segmentation By Type, 2015-2020, 2020-2025F, 2030F, Value ($ Billion)
20. Africa Software Products Market
20.1. Africa Software Products Market Overview
20.2. Africa, Software Products Market, 2020, By Country, Value ($ Billion)
20.3. Africa, Software Products Market, 2015-2020, 2020-2025F, 2030F, Historic And Forecast, By Country
20.4. Africa, Software Products Market, 2015-2020, 2020-2025F, 2030F, Growth And Market Share Comparison, By Country
20.5. Africa, Software Products Market Metrics
20.5.1. Software Products Market Size, Percentage Of GDP, 2015-2025, Africa Countries
20.5.2. Number of Enterprises, Software Products Market, Software Products Market/Number of Enterprises, 2020, Africa Countries
20.5.3. Number of Employees, Software Products Market, Software Products Market/Number of Employees, 2020, Africa Countries
20.6. Africa Software Products Market, Segmentation By Type, 2015-2020, 2020-2025F, 2030F, Value ($ Billion)
20.7. Africa Software Products Market: Country Analysis
20.7.1. Egypt Software Products Market
20.7.1.1. Egypt Software Products Market, Segmentation By Type, 2015-2020, 2020-2025F, 2030F, Value ($ Billion)
20.7.2. Nigeria Software Products Market
20.7.2.1. Nigeria Software Products Market, Segmentation By Type, 2015-2020, 2020-2025F, 2030F, Value ($ Billion)
20.7.3. South Africa Software Products Market
20.7.3.1. South Africa Software Products Market, Segmentation By Type, 2015-2020, 2020-2025F, 2030F, Value ($ Billion)
21. Software Products Market Competitive Landscape
21.1. Competitive Market Overview
21.2. Market Shares
21.3. Company Profiles
21.3.1. Microsoft
21.3.1.1. Company Overview
21.3.1.2. Products And Services
21.3.1.3. Strategy
21.3.1.4. Financial Performance
21.3.2. HP Inc
21.3.2.1. Company Overview
21.3.2.2. Products And Services
21.3.2.3. Strategy
21.3.2.4. Financial Performance
21.3.3. Oracle
21.3.3.1. Company Overview
21.3.3.2. Products And Services
21.3.3.3. Strategy
21.3.3.4. Financial Performance
21.3.4. Dell Technologies
21.3.4.1. Company Overview
21.3.4.2. Products And Services
21.3.4.3. Strategy
21.3.4.4. Financial Performance
21.3.5. IBM
21.3.5.1. Company Overview
21.3.5.2. Products And Services
21.3.5.3. Strategy
21.3.5.4. Financial Performance
22. Key Mergers And Acquisitions In The Software Products Market
23. Market Background: Information Technology Market
23.1. Information Technology Market Characteristics
23.2. Information Technology Market Historic and Forecast, 2015-2020, 2020-2025F, 2030F, Growth, By Segment, Value ($ Billion), Global
23.3. Global Information Technology Market, 2020, By Region, Value ($ Billion)
23.4. Global Information Technology Market, 2015-2020, 2020-2025F, 2030F, Historic And Forecast, By Region
23.5. Global Information Technology Market, 2015-2020, 2020-2025F, 2030F, Segmentation By Type, Value ($ Billion)
24. Recommendations
24.1. Global Software Products Market In 2025- Growth Countries
24.2. Global Software Products Market In 2025- Growth Segments
24.3. Global Software Products Market In 2025- Growth Strategies
25. Appendix
25.1. NAICS Definitions Of Industry Covered In This Report
25.2. Abbreviations
25.3. Currencies
25.4. Research Inquiries
25.5. The Publisher
26. Copyright And Disclaimer

Executive Summary

Major companies in the software products market include Microsoft; HP Inc; Oracle; Dell Technologies and IBM.

The global software products market is expected to grow from $930.93 billion in 2020 to $968.25 billion in 2021 at a compound annual growth rate (CAGR) of 4%. The growth is mainly due to the companies rearranging their operations and recovering from the COVID-19 impact, which had earlier led to restrictive containment measures involving social distancing, remote working, and the closure of commercial activities that resulted in operational challenges. The market is expected to reach $1493.07 billion in 2025 at a CAGR of 11%.

The software products market consists of sales of software products by entities (organizations, sole traders and partnerships) that develop, market and distribute software products for commercial and personal use. Software products are usually sold in the form of licenses to use the software for a specified period or permanently. The license generally entitles the buyer to receive updates of the programs. Companies in this industry create and distribute computer software by designing software, providing documentation, assisting in installation and providing support services to software purchasers. Some businesses design, develop and publish; others only publish. The software products market is segmented into operating systems & productivity software publishing; database, storage & backup software publishing; business analytics & enterprise software; video game software; and design, editing & rendering software.

Asia Pacific was the largest region in the global software products market, accounting for 41% of the market in 2020. North America was the second largest region accounting for 35% of the global software products market. Africa was the smallest region in the global software products market.

Top software vendors such as Oracle and SAP have been attempting to penetrate the middle market, to expand their client base and increase overall revenues. These companies have begun offering scaled-down, pre-configured versions of their applications. They are pursuing new distribution channels to sell and distribute their software products and are also acquiring mid-market software companies to increase their market shares and revenues. For example, SAP acquired Business One software to penetrate the middle market.

The software products market is expected to be limited due to high competition in terms of pricing, product portfolio and other factors from market competitors and new entrants in the market, during the forecast period. Existing players in the market are offering wider range of products at competitive process to increase their customer base and boost revenues. A large number of start-up companies are also developing innovative products. As most of these start-ups are funded by venture capital companies, they have sufficient capital for research and development of new software products. Furthermore, the increase in competitors in the market is likely to result in price-wars. This would affect the sales of companies, resulting in lower revenues and profit margins. These price-wars further affect the funding available for research and development projects, this limits the launch of new products, thereby having a negative impact on the market growth.

IoT technology adoption by manufacturing and transportation services companies is expected to drive the software products market in the forecast period. IoT is a network of physical objects such as devices, vehicles, buildings and other items which are embedded with electronics, software, sensors and network connectivity enable these objects to collect and exchange data. For instance, Microsoft and Rolls-Royce have announced a partnership centering on future Rolls-Royce intelligent engines, which will integrate Microsoft Suite into its service solutions to expand its digital capabilities. According to International Data Corporation (IDC), global spending on IoT was around $800 billion in 2017 and is expected to rise up to $1.4 trillion by 2021; this includes hardware, software and services for IoT technologies. Thus, IoT technology adoption is expected to expand the demand for software products.

Companies Mentioned

A selection of companies mentioned in this report includes:

  • Microsoft
  • HP Inc
  • Oracle
  • Dell Technologies
  • IBM

Methodology

Loading
LOADING...