Market Overview:
The global software components market is expected to grow at a CAGR of 10.8% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for software components from large enterprises and SMEs across different regions. Additionally, the growing trend of cloud-based and web-based software components is also contributing to the growth of this market. The global software components market by type is segmented into cloud-based and web-based software components. The cloud-based segment is expected to grow at a higher CAGR than the web-based segment during the forecast period from 2018 to 2030. This can be attributed to the growing demand for cloud computing services among enterprises worldwide. The global software components market by application is divided into large enterprises and SMEs segments.
Product Definition:
Software Components are discrete units of software that can be reused in different software applications. They are important because they allow developers to build complex applications by assembling reusable components rather than writing custom code from scratch for every application.
Cloud Based:
Cloud-based software is a type of software that provides services over the internet. It uses virtual machines to run applications and enables users to access data from any location through a network. The cloud based technology offers various advantages such as on-demand availability of computing resources, easy deployment, elasticity in terms of capacity and cost among others which has resulted in increased demand for this technology across different industry verticals.
Web Based:
The Web Based Software Components are used to develop, deploy and support software applications on the internet. It is a set of tools and technologies that help developers build web-based software solutions more efficiently. The WBSC helps in reducing time-to-market for new products/ services, provides better quality solutions at lower costs along with faster time to market; all this while improving the end user experience.
Application Insights:
The large enterprises segment accounted for the largest market share in 2017 and is expected to continue its dominance over the forecast period. The large enterprise segment comprises of companies with more than 500 employees. These companies require robust software components to manage their IT infrastructure, applications as well as business processes efficiently. As a result, they opt for industry standard components that offer flexibility, reliability and security required by these organizations.
SMEs are expected to be the fastest growing application segment over the forecast period owing to increasing penetration of cloud computing services among these small businesses.
Regional Analysis:
North America dominated the market in 2017. The growth can be attributed to the presence of a large number of software vendors in this region. Additionally, companies such as IBM Corporation; Microsoft Corporation; and Google Inc.; have their regional offices situated in North America. These companies are focusing on developing new generation applications for various industry verticals, thereby driving demand for software components across various industries within North America.
Asia Pacific is expected to emerge as the fastest-growing region over the forecast period owing to increasing adoption of internet services and rapid technological advancements across major economies including China and India.
Growth Factors:
- Increasing demand for software components in the automotive industry to improve fuel efficiency and safety.
- Growing demand for software components in the aerospace and defense industry to improve system performance and reliability.
- Rapid growth of the Internet of Things (IoT) market, which is driving demand for software components used in IoT applications.
- Proliferation of cloud-based services, which is increasing demand for software components that can be deployed quickly and easily in cloud environments.
Scope Of The Report
Report Attributes
Report Details
Report Title
Software Components Market Research Report
By Type
Cloud Based, Web Based
By Application
Large Enterprises, SMEs
By Companies
Progress Telerik, COZYROC, Syncfusion, Infragistics, GrapeCity, Flexmonster, Rogue Wave Software, Desaware, DreamFactory Software, MariaDB Corporation, Ab Initio Software, Devart, Potix Corporation, ActiveDBSoft, Kopano bv
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
245
Number of Tables & Figures
172
Customization Available
Yes, the report can be customized as per your need.
Global Software Components Market Report Segments:
The global Software Components 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
Large Enterprises, SMEs
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:
- Progress Telerik
- COZYROC
- Syncfusion
- Infragistics
- GrapeCity
- Flexmonster
- Rogue Wave Software
- Desaware
- DreamFactory Software
- MariaDB Corporation
- Ab Initio Software
- Devart
- Potix Corporation
- ActiveDBSoft
- Kopano bv
Highlights of The Software Components 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:
- Large Enterprises
- SMEs
- 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 Software Components 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?
Software components are reusable, modular pieces of code that can be used in different applications. They allow developers to create and maintain a consistent interface between different applications, making it easier to share code and make changes.
Some of the major players in the software components market are Progress Telerik, COZYROC, Syncfusion, Infragistics, GrapeCity, Flexmonster, Rogue Wave Software, Desaware, DreamFactory Software, MariaDB Corporation, Ab Initio Software, Devart, Potix Corporation, ActiveDBSoft, Kopano bv.
The software components market is expected to register a CAGR of 10.8%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Software Components 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 Software Components Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Software Components 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 Software Components 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 Software Components Market Size & Forecast, 2018-2028
4.5.1 Software Components Market Size and Y-o-Y Growth
4.5.2 Software Components Market Absolute $ Opportunity
Chapter 5 Global Software Components 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 Software Components 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 Software Components 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 Software Components Market Size Forecast by Applications
6.2.1 Large Enterprises
6.2.2 SMEs
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Software Components 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 Software Components 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 Software Components Analysis and Forecast
9.1 Introduction
9.2 North America Software Components 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 Software Components 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 Software Components Market Size Forecast by Applications
9.10.1 Large Enterprises
9.10.2 SMEs
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 Software Components Analysis and Forecast
10.1 Introduction
10.2 Europe Software Components 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 Software Components 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 Software Components Market Size Forecast by Applications
10.10.1 Large Enterprises
10.10.2 SMEs
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 Software Components Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Software Components 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 Software Components 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 Software Components Market Size Forecast by Applications
11.10.1 Large Enterprises
11.10.2 SMEs
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 Software Components Analysis and Forecast
12.1 Introduction
12.2 Latin America Software Components 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 Software Components 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 Software Components Market Size Forecast by Applications
12.10.1 Large Enterprises
12.10.2 SMEs
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) Software Components Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Software Components 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) Software Components 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) Software Components Market Size Forecast by Applications
13.10.1 Large Enterprises
13.10.2 SMEs
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 Software Components Market: Competitive Dashboard
14.2 Global Software Components Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Progress Telerik
14.3.2 COZYROC
14.3.3 Syncfusion
14.3.4 Infragistics
14.3.5 GrapeCity
14.3.6 Flexmonster
14.3.7 Rogue Wave Software
14.3.8 Desaware
14.3.9 DreamFactory Software
14.3.10 MariaDB Corporation
14.3.11 Ab Initio Software
14.3.12 Devart
14.3.13 Potix Corporation
14.3.14 ActiveDBSoft
14.3.15 Kopano bv
