Market Overview:
The global office suite tools market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The market growth can be attributed to the increasing demand for cloud-based and web-based office suite tools by business and home users, respectively. North America is expected to lead the global office suite tools market in terms of revenue during the forecast period, followed by Europe and Asia Pacific.
Product Definition:
An office suite is a collection of software that helps people to perform various office-related tasks. The most common office suites are Microsoft Office and LibreOffice. Office suites typically include a word processor, a spreadsheet application, and a presentation program. They may also include other applications, such as a calendar or contact manager.
Cloud-based:
Cloud-based solutions are software services that provide shared functionality and are accessed over the internet. The most popular types of cloud-based solutions include Software as a Service (SaaS), Platform as a Service (PaaS), and Infrastructure as a Service (IaaS). These services offer benefits such as increased data storage, easy accessibility, remote access to files, low operational cost, etc.
Web-based:
The Web-based tools are the software applications that can be used on computers connected to the internet. They can be accessed from any location and at any time. The major advantage of these tools is that they reduce the need for users to carry their primary devices, such as laptops and personal computers, with them while traveling or working from remote locations.
Application Insights:
The business application segment accounted for the largest share of over 70.0% in 2017. The growth can be attributed to the increasing use of office tools by small and large businesses across the globe. The availability of online collaboration and communication tools has fueled the demand for OOS solutions among businesses, as they help them manage their internal communications, files, meetings and events efficiently with a centralized platform.
The home users' application segment is expected to register a significant CAGR over the forecast period owing to increased consumer usage of web-based productivity applications such as Microsoft Office 365 that offer cloud-based storage facilities along with various other features such as e-mail, word processing &Spreadsheets, presentations & slideshows etc., Thus driving end user adoption globally over next eight years or so.
Regional Analysis:
North America dominated the global market in 2017. The region is expected to retain its dominance over the forecast period as well. This can be attributed to increasing adoption of online communication and collaboration tools by small & medium enterprises in U.S., Canada, and Mexico for running their businesses efficiently from anywhere at any time with utmost convenience.
Asia Pacific is anticipated to witness significant growth over the next eight years owing to increasing number of small & medium enterprises (SMEs) in countries such as China, India, South Korea, Australia, Singapore among others which offer tremendous potential for Office Suite Tools Market growth due to growing need for efficient business solutions that enable easy access business information from anywhere at anytime on mobile devices along with strong security measures against data loss & theft among SMEs especially those operating within BFSI sector are expected drive regional demand during the forecast period.
Growth Factors:
- Increased demand for office productivity tools as the world becomes more digitized and reliant on technology.
- The growing trend of remote working and telecommuting, which requires employees to have access to software that allows them to work from anywhere.
- The increasing number of small businesses and entrepreneurs who need affordable software to help them manage their operations effectively.
- Rapid advancements in cloud-based technologies, which are making it easier for users to access Office Suite tools from any device or location.
- Growing demand for collaborative tools that allow teams to work together online in real time
Scope Of The Report
Report Attributes
Report Details
Report Title
Office Suite Tools Market Research Report
By Type
Cloud-based, Web-based
By Application
For Business, For Home Users
By Companies
Apache Open Office, Ashampoo Office Free, Calligra, ClearSlide WordPerfect, Dropbox Paper, Feng Office, Google Drive, iWork, LibreOffice, Microsoft Office Online, Neo Office, OfficeWork, Only Office, Oxygen Office, Polaris Office, Quip, Smart Sheet, Softmaker FreeOffice, SSuite Office, ThinkFree, WPS Office Free, Zoho Workplace
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
220
Number of Tables & Figures
154
Customization Available
Yes, the report can be customized as per your need.
Global Office Suite Tools Market Report Segments:
The global Office Suite Tools market is segmented on the basis of:
Types
Cloud-based, Web-based
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
For Business, For Home Users
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:
- Apache Open Office
- Ashampoo Office Free
- Calligra
- ClearSlide WordPerfect
- Dropbox Paper
- Feng Office
- Google Drive
- iWork
- LibreOffice
- Microsoft Office Online
- Neo Office
- OfficeWork
- Only Office
- Oxygen Office
- Polaris Office
- Quip
- Smart Sheet
- Softmaker FreeOffice
- SSuite Office
- ThinkFree
- WPS Office Free
- Zoho Workplace
Highlights of The Office Suite Tools 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:
- Cloud-based
- Web-based
- By Application:
- For Business
- For Home Users
- 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 Office Suite Tools 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
Frequently Asked Questions?
Office Suite Tools is a suite of tools that Microsoft offers to Office 365 subscribers. The tools include Word, Excel, PowerPoint, and Outlook.
Some of the major players in the office suite tools market are Apache Open Office, Ashampoo Office Free, Calligra, ClearSlide WordPerfect, Dropbox Paper, Feng Office, Google Drive, iWork, LibreOffice, Microsoft Office Online, Neo Office, OfficeWork, Only Office, Oxygen Office, Polaris Office, Quip, Smart Sheet, Softmaker FreeOffice, SSuite Office, ThinkFree, WPS Office Free, Zoho Workplace.
The office suite tools market is expected to register a CAGR of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Office Suite Tools Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Office Suite Tools Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Office Suite Tools Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Office Suite Tools Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Office Suite Tools Market Size & Forecast, 2018-2028
4.5.1 Office Suite Tools Market Size and Y-o-Y Growth
4.5.2 Office Suite Tools Market Absolute $ Opportunity
Chapter 5 Global Office Suite Tools Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Office Suite Tools Market Size Forecast by Type
5.2.1 Cloud-based
5.2.2 Web-based
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Office Suite Tools Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Office Suite Tools Market Size Forecast by Applications
6.2.1 For Business
6.2.2 For Home Users
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Office Suite Tools Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Office Suite Tools Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Office Suite Tools Analysis and Forecast
9.1 Introduction
9.2 North America Office Suite Tools Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Office Suite Tools Market Size Forecast by Type
9.6.1 Cloud-based
9.6.2 Web-based
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Office Suite Tools Market Size Forecast by Applications
9.10.1 For Business
9.10.2 For Home Users
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Office Suite Tools Analysis and Forecast
10.1 Introduction
10.2 Europe Office Suite Tools Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Office Suite Tools Market Size Forecast by Type
10.6.1 Cloud-based
10.6.2 Web-based
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Office Suite Tools Market Size Forecast by Applications
10.10.1 For Business
10.10.2 For Home Users
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Office Suite Tools Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Office Suite Tools Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Office Suite Tools Market Size Forecast by Type
11.6.1 Cloud-based
11.6.2 Web-based
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Office Suite Tools Market Size Forecast by Applications
11.10.1 For Business
11.10.2 For Home Users
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Office Suite Tools Analysis and Forecast
12.1 Introduction
12.2 Latin America Office Suite Tools Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Office Suite Tools Market Size Forecast by Type
12.6.1 Cloud-based
12.6.2 Web-based
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Office Suite Tools Market Size Forecast by Applications
12.10.1 For Business
12.10.2 For Home Users
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Office Suite Tools Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Office Suite Tools Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Office Suite Tools Market Size Forecast by Type
13.6.1 Cloud-based
13.6.2 Web-based
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Office Suite Tools Market Size Forecast by Applications
13.10.1 For Business
13.10.2 For Home Users
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Office Suite Tools Market: Competitive Dashboard
14.2 Global Office Suite Tools Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Apache Open Office
14.3.2 Ashampoo Office Free
14.3.3 Calligra
14.3.4 ClearSlide WordPerfect
14.3.5 Dropbox Paper
14.3.6 Feng Office
14.3.7 Google Drive
14.3.8 iWork
14.3.9 LibreOffice
14.3.10 Microsoft Office Online
14.3.11 Neo Office
14.3.12 OfficeWork
14.3.13 Only Office
14.3.14 Oxygen Office
14.3.15 Polaris Office
14.3.16 Quip
14.3.17 Smart Sheet
14.3.18 Softmaker FreeOffice
14.3.19 SSuite Office
14.3.20 ThinkFree
14.3.21 WPS Office Free
14.3.22 Zoho Workplace
