The software market will grow by 250.35 billion USD | Increasing the volume of business data to drive growth

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The software market is fragmented, and the degree of fragmentation will decelerate during the forecast period. To take advantage of current opportunities, market sellers need to strengthen their position in fast growing segments while maintaining their positions in slow growing segments.

The report covers the following areas:

Software market 2021-2025: segmentation

  • Type
    • Enterprise software
    • Application development software
    • System infrastructure software
    • Productivity software
  • Geography
    • North America
    • Europe
    • APAC
    • South America
    • AEM

For more information on the impact of each segment, See our free sample report

Software Market 2021-2025: Vendor Analysis and Scope
To help companies improve their position in the market, Technavio report provides detailed analysis of around 25 vendors operating in the market. Some of the major vendors in the software market include Adobe Inc., Broadcom Inc., Dell Technologies Inc., HP Inc., Infosys Ltd., International Business Machines Corp., Microsoft Corp., Oracle Corp., SAP SE and VMware Inc.

The increasing volume of corporate data, the increasing automation of business processes and the increasing digitization will offer immense opportunities for growth. However, factors such as high license and support costs may hamper market growth.

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Software Market 2021-2025: Highlights
Technavio offers an in-depth analysis of the geographic composition of the market. On the basis of geography, the software market has been segmented into five regions, namely North America, Europe, APAC, South America, and MEA. According to our research, 33% of market growth is expected to come from North America during the forecast period. United States is the key country for the software market in the region. North America has registered a significant growth rate and is expected to provide several growth opportunities for the market vendors during the forecast period. Increasing automation of business processes will drive the growth of the software market by North America.

Software Market 2021-2025: Highlights

  • Market CAGR during the forecast period 2021-2025
  • Detailed information on the factors that will support the growth of the software market over the next five years
  • Estimation of software market size and its contribution to parent market
  • Prediction of upcoming trends and changes in consumer behavior
  • The growth of the software market
  • Market competitive landscape analysis and detailed supplier information
  • Complete details on the factors that will challenge the growth of the Software Market vendors

Associated reports:

  • Point of Sale Software Market: The point of sale software market has been segmented by end user (retail and hospitality) and geography (APAC, North America, Europe, South America, and MEA). Download a free sample report
  • Team Collaboration Software Market: The team collaboration software market has been segmented by end user (IT & Telecom, BFSI, Retail, Healthcare, and others), Deployment (Cloud & On-Premises), and Geography (North America, APAC, Europe, South America, and MEA). Download a free sample report

Scope of the software market

Cover of the report

Details

Page number

120

Year of reference

2020

Forecast period

2021-2025

Growth dynamics and CAGR

Deceleration to 7.17% CAGR

Market growth 2021-2025

$ 250.35 billion

Market structure

Fragmented

Annual growth (%)

8.28

Regional analysis

North America, Europe, APAC, South America and MEA

Efficient contribution to the market

North America at 33%

Main consumer countries

United States, United Kingdom, Germany, China and Japan

Competitive landscape

Leading companies, competitive strategies, reach of consumer engagement

Profiled companies

Adobe Inc., Broadcom Inc., Dell Technologies Inc., HP Inc., Infosys Ltd., International Business Machines Corp., Microsoft Corp., Oracle Corp., SAP SE and VMware Inc.

Market dynamics

Parent Market Analysis, Market Growth Drivers and Obstacles, Analysis of Fast and Slow Growing Segments, Impact of COVID-19 and Future Consumer Dynamics, Analysis of Market Conditions for the Forecast Period

Customization

If our report didn’t include the data you’re looking for, you can reach out to our analysts and customize the segments.

Download a free sample report now for additional software market highlights

About Us
Technavio is one of the world’s leading technology research and consulting companies. Their research and analysis focuses on emerging market trends and provides actionable insights to help companies identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialist analysts, Technavio’s report library includes over 17,000+ reports, spanning 800 technologies, spanning 50 countries. Their customer base consists of companies of all sizes, including more than 100 Fortune 500 companies. This growing customer base relies on Technavio’s comprehensive coverage, in-depth research and actionable market intelligence to identify opportunities in existing markets. and potentials and assess their competitive positions in changing market scenarios.

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