Market Overview:
The global software products market is expected to grow from USD 536.5 billion in 2018 to USD 881.9 billion by 2030, at a CAGR of 6.0% during the forecast period. The growth of this market can be attributed to the increasing demand for cloud-based software products and services, rising adoption of big data and analytics solutions, and growing trend of Bring Your Own Device (BYOD) among enterprises. However, the high cost associated with software licenses and maintenance may restrain the growth of this market to some extent during the forecast period. Based on type, the global software products market is segmented into operating systems & productivity software, business analytics & enterprise software, database & storage managementsoftware,, video game softwaresoftware,, design editing& renderingsoftware,.
Product Definition:
Software products are digital tools that allow users to complete specific tasks. They can be used for a variety of purposes, including communication, entertainment, and productivity. Software products are important because they make it easier for people to do things they need or want to do.
Operating Systems & Productivity Software:
The global operating systems and productivity software market size was valued at USD 46,859.7 million in 2016. It is expected to gain traction over the forecast period owing to increasing need for automation of business processes across industries worldwide. The industry has witnessed a significant change over the past few years due to emergence of cloud computing technology, which has resulted in increased demand for Software as a Service (SaaS) applications along with enhanced capabilities offered by operating systems and productivity software solutions.
Business Analytics & Enterprise Software:
Business analytics and enterprise software are used to analyze data from a business perspective. Enterprise software is used by large organizations while business analytics is the sub-set of enterprise software that helps in analyzing the data related to a specific industry or market. It provides information on quantities, quality, and time with an aim to increase decision making ability for better results.
Application Insights:
The commercial application segment accounted for the largest revenue share of over 60% in 2017. The growth can be attributed to the increasing use of software products across multiple applications, such as accounting and financial management, human resources, supply chain management, customer relationship management (CRM), e-commerce and retailing. Furthermore, with the growing adoption of cloud computing services among businesses worldwide, there has been a rise in demand for SaaS solutions which is also contributing to market growth.
The personal computer or PC is one of the most used devices globally owing to its wide range of applications including gaming consoles and mobile phones. The global software products market for personal computers witnessed significant growth from 2016 to 2017 due largelyto an increase in demand for internet-connected devices across various end-use industries worldwide including healthcare & life sciences and smart home automation & IoT).
Regional Analysis:
The North American regional market dominated the global software products industry in 2016. The growth of this region can be attributed to the presence of a large number of software development companies and rapid digitalization in the enterprises. Moreover, North America has been witnessing continuous growth in cloud computing adoption which is further expected to drive demand for digital solutions across various industries, thereby driving growth over the forecast period.
Asia Pacific is anticipated to emerge as one of the fastest-growing regions during 2017 - 2030 due to increasing investments by prominent players and rising awareness regarding advanced technologies such as big data analytics and IoT (Internet Of Things). Furthermore, growing penetration of smartphones coupled with increased spending on IT infrastructure has led to an increase in demand for productivity enhancing applications such as office automation tools, accounting & management systems among others. This trend is projected to continue over the forecast period thus propelling regional market growth over next seven years.
Growth Factors:
- Increased demand for software products from small and medium businesses (SMBs) due to the growing trend of cloud computing and big data analytics.
- Proliferation of mobile devices and the increasing demand for mobile apps is driving the growth of the software products market.
- The need for security solutions in enterprises is fueling the growth of the software products market.
- Rapid adoption of digital technologies by enterprises is leading to an increase in spending on software products, thereby driving market growth.
Scope Of The Report
Report Attributes
Report Details
Report Title
Software Products Market Research Report
By Type
Operating Systems & Productivity Software, Business Analytics & Enterprise Software, Database, Storage & Backup Software, Video Game Software, Design, Editing & Rendering Software
By Application
Commercial, Personal
By Companies
Microsoft, HP, Oracle, Dell Technologies, IBM
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
151
Number of Tables & Figures
106
Customization Available
Yes, the report can be customized as per your need.
Global Software Products Market Report Segments:
The global Software Products market is segmented on the basis of:
Types
Operating Systems & Productivity Software, Business Analytics & Enterprise Software, Database, Storage & Backup Software, Video Game Software, Design, Editing & Rendering Software
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
Commercial, Personal
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:
- Microsoft
- HP
- Oracle
- Dell Technologies
- IBM
Highlights of The Software Products 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:
- Operating Systems & Productivity Software
- Business Analytics & Enterprise Software
- Database, Storage & Backup Software
- Video Game Software
- Design, Editing & Rendering Software
- By Application:
- Commercial
- Personal
- 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 Products 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 products are a type of product that is typically delivered electronically. They include software applications, websites, and other digital content.
Some of the major companies in the software products market are Microsoft, HP, Oracle, Dell Technologies, IBM.
The software products market is expected to register a CAGR of 6%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Software Products 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 Products Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Software Products 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 Products 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 Products Market Size & Forecast, 2018-2028
4.5.1 Software Products Market Size and Y-o-Y Growth
4.5.2 Software Products Market Absolute $ Opportunity
Chapter 5 Global Software Products 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 Products Market Size Forecast by Type
5.2.1 Operating Systems & Productivity Software
5.2.2 Business Analytics & Enterprise Software
5.2.3 Database
5.2.4 Storage & Backup Software
5.2.5 Video Game Software
5.2.6 Design
5.2.7 Editing & Rendering Software
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Software Products 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 Products Market Size Forecast by Applications
6.2.1 Commercial
6.2.2 Personal
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Software Products 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 Products 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 Products Analysis and Forecast
9.1 Introduction
9.2 North America Software Products 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 Products Market Size Forecast by Type
9.6.1 Operating Systems & Productivity Software
9.6.2 Business Analytics & Enterprise Software
9.6.3 Database
9.6.4 Storage & Backup Software
9.6.5 Video Game Software
9.6.6 Design
9.6.7 Editing & Rendering Software
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 Products Market Size Forecast by Applications
9.10.1 Commercial
9.10.2 Personal
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 Products Analysis and Forecast
10.1 Introduction
10.2 Europe Software Products 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 Products Market Size Forecast by Type
10.6.1 Operating Systems & Productivity Software
10.6.2 Business Analytics & Enterprise Software
10.6.3 Database
10.6.4 Storage & Backup Software
10.6.5 Video Game Software
10.6.6 Design
10.6.7 Editing & Rendering Software
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 Products Market Size Forecast by Applications
10.10.1 Commercial
10.10.2 Personal
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 Products Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Software Products 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 Products Market Size Forecast by Type
11.6.1 Operating Systems & Productivity Software
11.6.2 Business Analytics & Enterprise Software
11.6.3 Database
11.6.4 Storage & Backup Software
11.6.5 Video Game Software
11.6.6 Design
11.6.7 Editing & Rendering Software
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 Products Market Size Forecast by Applications
11.10.1 Commercial
11.10.2 Personal
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 Products Analysis and Forecast
12.1 Introduction
12.2 Latin America Software Products 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 Products Market Size Forecast by Type
12.6.1 Operating Systems & Productivity Software
12.6.2 Business Analytics & Enterprise Software
12.6.3 Database
12.6.4 Storage & Backup Software
12.6.5 Video Game Software
12.6.6 Design
12.6.7 Editing & Rendering Software
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 Products Market Size Forecast by Applications
12.10.1 Commercial
12.10.2 Personal
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 Products Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Software Products 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 Products Market Size Forecast by Type
13.6.1 Operating Systems & Productivity Software
13.6.2 Business Analytics & Enterprise Software
13.6.3 Database
13.6.4 Storage & Backup Software
13.6.5 Video Game Software
13.6.6 Design
13.6.7 Editing & Rendering Software
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 Products Market Size Forecast by Applications
13.10.1 Commercial
13.10.2 Personal
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 Products Market: Competitive Dashboard
14.2 Global Software Products Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Microsoft
14.3.2 HP
14.3.3 Oracle
14.3.4 Dell Technologies
14.3.5 IBM
