Market Overview:
The global word processing software market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for word processing software from personal, commercial, and industrial users. In addition, the growing trend of cloud-based word processing software is also contributing to the growth of this market. Based on type, the global word processing software market can be segmented into Linux, Macintosh OS, and Microsoft Windows. Of these segments, Microsoft Windows held a major share of the global market in 2017 and is expected to continue its dominance during the forecast period. This can be attributed to its large user base as well as its wide range of features and functionalities.
Product Definition:
Word processing software is a type of computer program that allows users to create and edit text documents. These documents can then be printed, saved, or shared electronically. Word processing software is important because it enables users to communicate their ideas in a clear and concise manner.
Linux:
Linux is a kernel, which is the core of an operating system. The operating systems that are based on Linux kernel include Android, Chrome OS, iOS and others. It also has a major contribution to the server market including big data centers and web hosting services.
The growth factor for this market includes increasing demand from small & medium businesses (SMB) due to its cost effectiveness and ease of use features along with rising adoption in enterprise software owing to its security feature & reliability.
Macintosh OS:
Mac OS is a series of graphical user interfaces used in computers and laptops for the operation of applications. The first version was released by Apple Inc. in 2001, which has led to its widespread use over the world.
Application Insights:
The personal use segment held the largest market share in 2017 and is expected to continue its dominance over the forecast period. This can be attributed to growing demand for word processing software among individuals on a personal level as well as across various professional applications. The commercial use segment is anticipated to witness significant growth over the forecast period owing to rising adoption of WPS by companies for their internal communication, marketing & sales materials production, and other business purposes.
Industrial Use application segment was estimated at USD 446.5 million in 2017 and is expected to grow at a CAGR of XX% from 2018 to 2030 owingto increasing demand from manufacturing industries worldwide for managing their documentation efficiently with customized features required by them such as version control system, task management tools, etc., which are beyond basic document management capabilities offered by most WPSs currently available in the market place.
Regional Analysis:
North America dominated the global market in 2017. The growth can be attributed to the presence of a large number of users, increased adoption rate of advanced technologies, and high demand for digital solutions among businesses. Moreover, growing use by individuals is expected to drive regional growth over the forecast period.
Asia Pacific is anticipated to witness significant growth over the forecast period owing to increasing penetration rates and rising demand from developing countries such as India and China. Furthermore, an increase in government spending on infrastructure development has led to an increase in requirements for office automation products such as word processing software that are used widely across offices worldwide; hence driving regional market growth over the next eight years or so.
Growth Factors:
- Increasing demand for word processing software from small and medium businesses (SMBs) due to the growing need for document management and collaboration.
- The increasing trend of Bring Your Own Device (BYOD) is also driving the demand for word processing software, as employees want to be able to work on their own devices while on the go.
- Rapid advancements in cloud-based technology are making it easier for users to access their documents from anywhere, anytime, which is also contributing to the growth of the word processing software market.
- Growing popularity of collaborative editing features in word processing software is encouraging users to switch from traditional pen-and-paper methods or older versions of word processors that do not offer such features.
Scope Of The Report
Report Attributes
Report Details
Report Title
Word Processing Software Market Research Report
By Type
Linux, Macintosh OS, Microsoft Windows
By Application
Personal Use, Commercial Use, Industrial Use
By Companies
Microsoft Word, WordPerfect, TextMaker, Google Docs, Kingsoft Writer, Ability Write, RagTime
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
197
Number of Tables & Figures
138
Customization Available
Yes, the report can be customized as per your need.
Global Word Processing Software Market Report Segments:
The global Word Processing Software market is segmented on the basis of:
Types
Linux, Macintosh OS, Microsoft Windows
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
Personal Use, Commercial Use, Industrial Use
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 Word
- WordPerfect
- TextMaker
- Google Docs
- Kingsoft Writer
- Ability Write
- RagTime
Highlights of The Word Processing 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:
- Linux
- Macintosh OS
- Microsoft Windows
- By Application:
- Personal Use
- Commercial Use
- Industrial Use
- 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 Word Processing 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
Frequently Asked Questions?
Word processing software is a type of software that helps users create, edit, and format text documents.
Some of the major companies in the word processing software market are Microsoft Word, WordPerfect, TextMaker, Google Docs, Kingsoft Writer, Ability Write, RagTime.
The word processing software market is expected to grow at a compound annual growth rate of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Word Processing Software 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 Word Processing Software Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Word Processing Software 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 Word Processing Software 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 Word Processing Software Market Size & Forecast, 2020-2028
4.5.1 Word Processing Software Market Size and Y-o-Y Growth
4.5.2 Word Processing Software Market Absolute $ Opportunity
Chapter 5 Global 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 Market Size Forecast by Type
5.2.1 Linux
5.2.2 Macintosh OS
5.2.3 Microsoft Windows
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global 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 Market Size Forecast by Applications
6.2.1 Personal Use
6.2.2 Commercial Use
6.2.3 Industrial Use
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Word Processing Software 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 Word Processing Software 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 Analysis and Forecast
9.1 Introduction
9.2 North America 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 Market Size Forecast by Type
9.6.1 Linux
9.6.2 Macintosh OS
9.6.3 Microsoft Windows
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 Market Size Forecast by Applications
9.10.1 Personal Use
9.10.2 Commercial Use
9.10.3 Industrial Use
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 Analysis and Forecast
10.1 Introduction
10.2 Europe 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 Market Size Forecast by Type
10.6.1 Linux
10.6.2 Macintosh OS
10.6.3 Microsoft Windows
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 Market Size Forecast by Applications
10.10.1 Personal Use
10.10.2 Commercial Use
10.10.3 Industrial Use
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 Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific 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 Market Size Forecast by Type
11.6.1 Linux
11.6.2 Macintosh OS
11.6.3 Microsoft Windows
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 Market Size Forecast by Applications
11.10.1 Personal Use
11.10.2 Commercial Use
11.10.3 Industrial Use
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 Analysis and Forecast
12.1 Introduction
12.2 Latin America 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 Market Size Forecast by Type
12.6.1 Linux
12.6.2 Macintosh OS
12.6.3 Microsoft Windows
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 Market Size Forecast by Applications
12.10.1 Personal Use
12.10.2 Commercial Use
12.10.3 Industrial Use
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) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) 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) Market Size Forecast by Type
13.6.1 Linux
13.6.2 Macintosh OS
13.6.3 Microsoft Windows
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) Market Size Forecast by Applications
13.10.1 Personal Use
13.10.2 Commercial Use
13.10.3 Industrial Use
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 Word Processing Software Market: Competitive Dashboard
14.2 Global Word Processing Software Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Microsoft Word
14.3.2 WordPerfect
14.3.3 TextMaker
14.3.4 Google Docs
14.3.5 Kingsoft Writer
14.3.6 Ability Write
14.3.7 RagTime
