Global Business Productivity Software Market by Type (On-premise Deployment, Cloud Deployment), By Application (SMEs, Large Enterprises) and Region (North America, Latin America, Europe, Asia Pacific and Middle East & Africa), Forecast From 2022 To 2030

                                          

                                                                                       
Market Overview:

The global business productivity software market is expected to grow at a CAGR of 10.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for cloud-based deployment and rising adoption of business productivity software by SMEs and large enterprises. North America is expected to lead the global market in terms of revenue, followed by Europe, Asia Pacific, Latin America, and Middle East & Africa.



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Product Definition:

Business productivity software is a type of computer software that helps people in a business to be more productive. It can include programs for email, word processing, spreadsheet analysis, and presentation creation. Business productivity software can help employees stay organized and efficient by providing them with the tools they need to complete tasks quickly and easily. In addition, it can often automate common tasks or processes so that employees have more time to focus on their work. The importance of business productivity software cannot be overstated; it can help businesses save time and money while allowing employees to focus on their work instead of on administrative tasks.

On-premise Deployment:

On-premise deployment is a method of deploying software products in which the software and data are stored on the server or workstation of the user. The installation process involves copying all required files to their destination location. This type of deployment method provides several advantages such as high security, easy retrieval, and full control over system & data.

Cloud Deployment:

Cloud deployment is a service model that allows the user to deploy applications, services and solutions on a cloud using software delivery models such as SaaS (Software-as-a-Service), PaaS (Platform-as-a-Service) and IaaS (Infrastructure as a Service). The major advantage of this model is that it helps in reducing the upfront costs which are usually associated with traditional deployment methods.

Application Insights:

The global business productivity software market has been segmented into Small, Medium and Large Enterprises (SMEs, LSMEs and Large enterprises) based on the number of users. The SMEs accounted for a major share in 2016 as they are more nimble and have less resources to invest in IT infrastructure compared to the large enterprises. However, with the growing need for managing data flow across multiple devices within an organization as well as between organizations, especially when it comes to handling digital paperwork or e-mails; large enterprises are expected to emerge as prominent demand generators over the forecast period.

The increasing use of cloud-based BPM solutions is anticipated to drive product adoption among mediumsized businesses over the forecast period. The cloud deployment model allows mediumsized businesses with limited IT resources flexibility in choosing their preferred hardware & software platforms while reducing costs associated with installation & maintenance of proprietary systems at each location within an organization or enterprise.

Regional Analysis:

The North American regional market dominated the global business productivity software with a revenue share of over 35.0% in 2017. The region is home to several large and medium enterprises that are early adopters of advanced technologies, which has resulted in the high adoption rate of such solutions across this region. Moreover, these solutions help organizations to be more efficient and effective by providing insights into how they can improve employee productivity while also reducing costs associated with operations and administration activities.

The Asia Pacific regional market is expected to grow at a rapid pace over the forecast period owing to increasing demand for cloud-based BPS from SMEs as well as large enterprises operating across various industry verticals including IT & telecom, BFSI, retail & e-commerce, others). In addition an increasing number of startups are adopting these solutions due to their ability to provide real-time data analytics for better decision making processes within limited time frames thus resulting in increased demand for such software within this region (APAC).

Growth Factors:

Increasing demand for business productivity software from small and medium-sized businesses (SMBs) due to the growing need to improve operational efficiency and competitiveness.
The increasing trend of BYOD (Bring Your Own Device) in the workplace, which is driving the demand for mobile-friendly business productivity software.
Rapid technological advancements that are making business productivity software more user-friendly, efficient, and feature-rich, thereby boosting its adoption rates among businesses of all sizes.
Growing awareness about the benefits of using business productivity software among businesses worldwide, which is helping to fuel its market growth significantly.
The increasing number of online/cloud-based solutions providers in the market who are offering competitive pricing options and a wide range of features that are helping to boost the overall growth rate of this market


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Scope Of The Report
Report Attributes
Report Details
Report Title
Business Productivity Software Market Research Report
By Type
On-premise Deployment, Cloud Deployment
By Application
SMEs, Large Enterprises
By Companies
Slack Technologies, Microsoft, Google, Cisco, Asana, Freshworks, Slab, Atlassian
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
217
Number of Tables & Figures
152
Customization Available
Yes, the report can be customized as per your need.

Global Business Productivity Software Market Report Segments:
The global Business Productivity Software market is segmented on the basis of:
Types
On-premise Deployment, Cloud Deployment
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
SMEs, Large Enterprises
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
Slack Technologies
Microsoft
Google
Cisco
Asana
Freshworks
Slab
Atlassian



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Highlights of The Business Productivity Software Market Report:
The market structure and projections for the coming years.
Drivers, restraints, opportunities, and current trends of market.
Historical data and forecast.
Estimations for the forecast period 2030.
Developments and trends in the market.
By Type:
On-premise Deployment
Cloud Deployment
By Application:
SMEs
Large Enterprises
Market scenario by region, sub-region, and country.
Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
Government Policies, Macro & Micro economic factors are also included in the report.

We have studied the Business Productivity Software Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
North America
Europe
Asia Pacific
Middle East & Africa
Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
Correctly Positioning New Products
Market Entry Strategies
Business Expansion Strategies
Consumer Insights
Understanding Competition Scenario
Product & Brand Management
Channel & Customer Management
Identifying Appropriate Advertising Appeals



8 Reasons to Buy This Report
Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
Implemented Robust Methodology to Prepare the Report
Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
Provides Information About the Top-winning Strategies Implemented by Industry Players.
In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
Customization of the Report Available

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