New update: More software developers will transition to a subscription-based distribution model
There is a wide range of computer software applications currently available and that continue to be launched yearly for both business and personal use, leading the Online Computer Software Sales industry to have numerous vertical markets. The industry has largely benefited from the gradual digital transformation that runs concurrently with macroeconomic growth. However, while many facets of the global economy have suffered during COVID-19 and accompanying economic burdens, online retailers have benefited tremendously from increased digital screen time for work and leisure purposes. So, industry-wide revenue has been increasing at a CAGR of 6.0% over the past five years, including an estimated 2.6% increase in 2023, with revenue expected to total $709.0 billion in 2023. In the same year, profit is projected to increase to 2.1%.
This industry sells and distributes software for local installation and execution to customers via the internet. Companies in this industry may also handle digital rights management for that software.
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
- Amazon.Com Inc.
- Apple Inc.
- Adobe Inc.
Methodology
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