Software Market Overview

Software is a collection of data or computer instructions that tell the computer how to work. It includes computer programs, libraries and related non-executable data, such as software documentation or digital media. The majority of software today is written in high-level programming languages which are easier for programmers to use because they are closer to natural languages than machine languages.

The market has matured in developed nations but has high growth opportunities in developing economies. Regional software companies in developed and developing economies are facing stiff competition from tech giants who are constantly trying to enter these markets. Software-related inventions are patentable. The German Parliament adopted a joint motion against the growing trend of patent offices to grant patents on software programs.

Companies are focusing in acquisitions to sustain in the market due to huge competition. For instance, In March 2019, FIS a  leader in financial services technology, announced USD 35 billion deal to acquire Worldpay.

The  Software market size was worth USD XX billion in 2018 and is forecasted to reach USD XX billion by 2026, at a CAGR of XX% during the forecast period.

 

Software Market Dynamics

The demand for software industry is increasing by almost all enterprises of all domains can be attributed to the enhancement in operational performance which can be achieved by digitizing the systems and processes.

Increasing usage of Software as a Service (SaaS) via Cloud and rising technological advancements like AI and IoT are the major drivers for the market growth worldwide. Increasing adoption of technological advancements like AI and IoT is the major driver for the market worldwide. The software vendors have developed functionality to take advantage of the software technology including web browser access, web portals for customers and suppliers, mobile technologies with smart phones & tablets, e-commerce capabilities and much more. Furthermore, investments in software industry is rising worldwide. For instance, Tiger  have invested USD 300 million in India so far in various tech based startups by July, 2019.

With rapid ization, especially in the  software industry, Software development firms are facing issues like language barriers. Making text within the software accurately translatable as per the client’s language is a major issue being faced by software companies worldwide. Increasing Malware threats and Cybercrimes have also been a major restraint to the growth of this industry.      

Software Market Segment Analysis

Based on the industry, the market is segmented into telecommunication, banking and finance, health care, manufacturing, automotive and others. The banking and Finance Software market size was worth USD XX billion in 2018 and is forecasted to reach USD XX billion by 2026, at a CAGR of XX% during the forecast period. Banking and finance sector is one of the leading end user for the software industry. Banking software is enterprise software that is used by the banking industry to provide and manage the financial products they provide.

Technological advancements and digital innovations are the major drivers for the growth of the software in banking and financial sector. ATMs, Internet Banking, payment networks and SMS based banking are the different channels using software in banking sector. Companies are focusing to launch different software technologies due to high demand from the banking sector. FIS , Fiserv, SAP are the few companies provides software to banking sector. For instance, In May 2019, FIS™ a  leader in financial services technology, has announced the launch of an innovative digital onboarding solution for use by trust companies and bank trust departments in creating and opening new investor accounts online.

 

Based on Software type the  market for Software Industry is broadly segmented as application software, system software and anti-malware. The Software market size by application segment was worth USD XX billion in 2018 and is estimated to reach USD XX billion by 2026, at a CAGR of XX% during the forecast period.

Application software segment is expected to grow with high CAGR in the forecast period. Usage of the computer system to perform special functions which are beyond the basic operation of the computer itself is called application software. Increasing digitization in all business functions from managing customer relations to inventory management to accounting is the major driver for the growth of the market. Adobe, Kabbage, Microsoft and DoorDash are the few companies providing application software ly. As per WIRED, the three most popular application software programming services are enterprise resource planning (ERP) software, supply chain management (SCM) software and customer relationship management (CRM) software services worldwide in 2019.

Based on the form of commercial transaction, the market is segmented into B2B and B2C.

Based on the deployment type, the market is segmented into cloud-based and On-premises.

Software Market Geographical Analysis

 Software market is segmented into five major regions including North America, Europe, Asia Pacific, South America, and the Middle East & Africa region.

The North America software market size was worth USD XX billion in 2018 and is forecasted to reach USD XX billion by 2026, at a CAGR of XX% during the forecast period. North America has grabbed a major market share in the year 2018. Moving towards the digitalization of every vertical industry and rising adoption of SaaS cloud services are the major driving factors for the market growth in this region.

United States is considered to be the most innovative country in the world due to its highly conducive IT environment. Large domestic companies already have the upper hand in the market, while some startup companies have captured the fresh and innovative ideas segment in software solutions. Companies in North America are focusing to expand their business operations to sustain in the market. For instance, In March 2019, Priority Software has announced the expansion of its business operations in North America worth 1 million USD dollars, with the establishment of Priority Software USA and the recent purchase of US-based ERP consulting and services firm Performa Apps.

 

The Asia Pacific Software market size was worth USD XX billion in 2018 and is forecasted to reach USD XX billion by 2026, at a CAGR of XX% during the forecast period. Asia Pacific is expected to grow with a high CAGR rate in the forecast period. Increasing demand for software development companies in Asia Pacific is the major driver for the growth of the market.

The market across Asia Pacific is exposing particularly high growth rates, with consistently strong client demand for SaaS across all key markets. China is the dominant region in the Asia-Pacific Software market in 2018 and expected to continue the same in the forecast period. Software market has a high potential of growth in rapidly developing countries of Asian countries like China, India, South Korea, Japan and Indonesia. For instance, India's software landscape is largely dominated by a bunch of  software companies such as Microsoft, Oracle, SAP, IBM and SAS, etc.

Software Market Competitive Analysis:

The competition in  Software Industry market is very high due to the presence of large number of companies. Some of the key market players are Microsoft, Oracle, SAP, Symantec, VMware, Adobe Systems, Infosys, Wipro, Google and Amadeus IT Group.

Vendors have started providing software development services in specific industries and niche markets to gain expertise in terms of industry specific technological developments and problems that are being faced by these industries.   For instance, in recent years, New York City-based service provider eMazzanti Technologies has been actively targeting the retail fashion industry with services to improve transactional technologies.

The key players in the market have fairly engaged in both organic as well as inorganic development techniques to capture the market share.  For instance, SAP’s innovation management software has gained popular mass attraction. This software helps companies to transform ideas into innovations.

The major market players have started acquiring companies which have market expertise in specific broad and niche segments. For instance, in 2018, SAP acquired Qualtrics for USD 8 billion, Adobe acquired Marketo for USD4.75 billion, IBM acquired Red Hat for USD 33 billion and Oracle acquired DataFox as their key competitive strategy.

In March 2019, Nvidia scooped Israel based Mellanox at around USD 6.9 billion. Mellanox was a high-end networking equipment provider

Why Purchase the Report?

  • Visualize the composition of the  software market in terms of various types of software, commercial transactions and their industries highlighting the key commercial assets and players.
  • Identify commercial opportunities in  software market by analyzing trends and co-development deals.
  • Excel data sheet with thousands of data points of the  software market-level 4/5 segmentation.
  • A PDF report with the most relevant analysis cogently put together after exhaustive qualitative interviews and in-depth market study.
  • Product mapping in excel for the key product of all major market players

Target Audience

  • Service Providers/ Buyers
  • Industry Investors/Investment Bankers
  • Education & Research Institutes
  • Research Professionals
  • Emerging Companies
  • Manufacturers

 

 

  1.  Software Market Methodology and Scope
    1. Research Methodology
    2. Research Objective and Scope of the Report
  2.  Software Market – Key Trends & Developments
  3.  Software Market – Executive Summary
    1. Market Snippet by Software Type
    2. Market Snippet by Form of commercial transaction
    3. Market Snippet by Industry
    4. Market Snippet by Deployment Type
    5. Market Snippet by Region
  4.  Software Market Dynamics
    1. Market Impacting Factors
    2. Drivers
      1. Increasing usage of Software as a Service (SaaS) via Cloud
      2. Rising technological advancements like AI and IoT
    3. Restraints
      1. Increasing Malware threats and Cybercrimes
      2. Language barriers
    4. Opportunities
      1. Impact Analysis
  5.  Software Market – Industry Analysis
    1. Porter's Five Forces Analysis
    2. Supply Chain Analysis
    3. New Technology Developments
    4. Industry Analysis
    5. Patent Analysis
  6.  Software Market – By Software Type
    1. Introduction
      1. Market Size Analysis, and Y-o-Y Growth Analysis (%), By Software Type
      2. Market Attractiveness Index, By Software Type
    2. Application Software*
      1.  Introduction
      2. Market Size Analysis, and Y-o-Y Growth Analysis (%)
    3. System Software
    4. Anti-malware
  7.  Software Market – By Form of commercial transaction
    1. Introduction
      1. Market Size Analysis, and Y-o-Y Growth Analysis (%), By Form of commercial transaction
      2. Market Attractiveness Index, By Form of commercial transaction
    2. B2B*
      1.  Introduction
      2. Market Size Analysis, and Y-o-Y Growth Analysis (%)
    3. B2C
  8.  Software Market – By Industry
    1. Introduction
      1. Market Size Analysis, and Y-o-Y Growth Analysis (%), By Industry
      2. Market Attractiveness Index, By Industry
    2. 8.3.1. Telecommunication *
      1.  Introduction
      2. Market Size Analysis, and Y-o-Y Growth Analysis (%)
    3. Banking and Finance
    4. Health Care
    5. Manufacturing
    6. Automotive
    7. Others (Agriculture)
  9.  Software Market – By Deployment Type
    1. Introduction
      1. Market Size Analysis, and Y-o-Y Growth Analysis (%), By Deployment Type
      2. Market Attractiveness Index, By Deployment Type
    2. 8.3.1. On-Premises*
      1.  Introduction
      2. Market Size Analysis, and Y-o-Y Growth Analysis (%)
    3. Cloud-based
  10. Software Market – By Region
    1. Introduction
      1. Market Size Analysis, and Y-o-Y Growth Analysis (%), By Region
      2. Market Attractiveness Index, By Region
    2. North America
      1. Introduction
      2. Key Region-Specific Dynamics
      3. Market Size Analysis, and Y-o-Y Growth Analysis (%), By Software Type
      4. Market Size Analysis, and Y-o-Y Growth Analysis (%), By Form of commercial transaction
      5. Market Size Analysis, and Y-o-Y Growth Analysis (%), By Industry
      6. Market Size Analysis, and Y-o-Y Growth Analysis (%), By Deployment Type
      7. Market Size Analysis, and Y-o-Y Growth Analysis (%), By Country
        1. The U.S.
        2. Canada
        3. Mexico
    3. Europe
      1. Introduction
      2. Key Region-Specific Dynamics
      3. Market Size Analysis, and Y-o-Y Growth Analysis (%), By Software Type
      4. Market Size Analysis, and Y-o-Y Growth Analysis (%), By Form of commercial transaction
      5. Market Size Analysis, and Y-o-Y Growth Analysis (%), By Industry
      6. Market Size Analysis, and Y-o-Y Growth Analysis (%), By Deployment Type
      7. Market Size Analysis, and Y-o-Y Growth Analysis (%), By Country
        1. Germany
        2. The U.K.
        3. France
        4. Italy
        5. Spain
        6. Rest of Europe
    4. South America
      1. Introduction
      2. Key Region-Specific Dynamics
      3. Market Size Analysis, and Y-o-Y Growth Analysis (%), By Software Type
      4. Market Size Analysis, and Y-o-Y Growth Analysis (%), By Form of commercial transaction
      5. Market Size Analysis, and Y-o-Y Growth Analysis (%), By Industry
      6. Market Size Analysis, and Y-o-Y Growth Analysis (%), By Deployment Type
      7. Market Size Analysis, and Y-o-Y Growth Analysis (%), By Country
        1. Brazil
        2. Argentina
        3. Rest of South America
    5. Asia Pacific
      1. Introduction
      2. Key Region-Specific Dynamics
      3. Market Size Analysis, and Y-o-Y Growth Analysis (%), By Software Type
      4. Market Size Analysis, and Y-o-Y Growth Analysis (%), By Form of commercial transaction
      5. Market Size Analysis, and Y-o-Y Growth Analysis (%), By Industry
      6. Market Size Analysis, and Y-o-Y Growth Analysis (%), By Deployment Type
      7. Market Size Analysis, and Y-o-Y Growth Analysis (%), By Country
        1. China
        2. India
        3. Japan
        4. Australia
        5. Rest of Asia Pacific
    6. Middle East and Africa
      1. Introduction
      2. Key Region-Specific Dynamics
      3. Market Size Analysis, and Y-o-Y Growth Analysis (%), By Software Type
      4. Market Size Analysis, and Y-o-Y Growth Analysis (%), By Form of commercial transaction
      5. Market Size Analysis, and Y-o-Y Growth Analysis (%), By Industry
  11. Software Market – Competitive Landscape
    1. Competitive Scenario
    2. Market Positioning/Share Analysis
    3. Mergers and Acquisitions Analysis
  12. Company Profiles
    1. Microsoft*
      1. Company Overview
      2. Product Portfolio and Description
      3. Key Highlights
      4. Financial Overview
    2. Oracle
    3. SAP
    4. Symantec
    5. VMware
    6. Adobe Systems
    7. Infosys
    8. Wipro
    9. Google
    10. Amadeus IT Group
  13. Software Market – DataM
    1. Appendix
    2. About Us and Services
    3. Contact Us

 

LIST OF TABLES

Table 1 Global Software Industry Market Value, By Software type, 2018,2022 & 2026 (USD Million)

Table 2 Global Software Industry Market Value, By Form of commercial transaction, 2018,2022 & 2026 (USD Million)

Table 3 Global Software Industry Market Value, By Industry, 2018,2022 & 2026 (USD Million)

Table 4 Global Software Industry Market Value, By Deployment Type, 2018,2022 & 2026 (USD Million)

Table 5 Global Software Industry Market Value, By Region, 2018,2022 & 2026 (USD Million)

Table 6 Global Software Industry Market Value, By Software type, 2018,2022 & 2026 (USD Million)

Table 7 Global Software Industry Market Value, By Software type, 2017-2026 (USD Million)

Table 8 Global Software Industry Market Value, By Form of commercial transaction, 2018,2022 & 2026 (USD Million)

Table 9 Global Software Industry Market Value, By Form of commercial transaction, 2017-2026 (USD Million)

Table 10 Global Software Industry Market Value, By Industry, 2018,2022 & 2026 (USD Million)

Table 12 Global Software Industry Market Value, By Industry, 2017-2026 (USD Million)

Table 13 Global Software Industry Market Value, By Deployment Type, 2018,2022 & 2026 (USD Million)

Table 14 Global Software Industry Market Value, By Deployment Type, 2017-2026 (USD Million)

Table 15 Global Software Industry Market Value, By Region, 2018,2022 & 2026 (USD Million)

Table 16 Global Software Industry Market Value, By Region, 2017-2026 (USD Million)

Table 17 North America Software Industry Market Value, By Software type, 2017-2026 (USD Million)

Table 18 North America Software Industry Market Value, By Form of commercial transaction, 2017-2026 (USD Million)

Table 19 North America Software Industry Market Value, By Industry, 2017-2026 (USD Million)

Table 20 North America Software Industry Market Value, By Deployment Type, 2017-2026 (USD Million)

Table 21 North America Software Industry Market Value, By Country, 2017-2026 (USD Million)

Table 22 South America Software Industry Market Value, By Software type, 2017-2026 (USD Million)

Table 23 South America Software Industry Market Value, By Form of commercial transaction, 2017-2026 (USD Million)

Table 24 South America Software Industry Market Value, By Industry, 2017-2026 (USD Million)

Table 25 South America Software Industry Market Value, By Deployment Type, 2017-2026 (USD Million)

Table 26 South America Software Industry Market Value, By Country, 2017-2026 (USD Million)

Table 27 Europe Software Industry Market Value, By Software type, 2017-2026 (USD Million)

Table 28 Europe Software Industry Market Value, By Form of commercial transaction, 2017-2026 (USD Million)

Table 29 Europe Software Industry Market Value, By Industry, 2017-2026 (USD Million)

Table 30 Europe Software Industry Market Value, By Deployment Type, 2017-2026 (USD Million)

Table 31 Europe Software Industry Market Value, By Country, 2017-2026 (USD Million)

Table 32 Asia-Pacific Software Industry Market Value, By Software type, 2017-2026 (USD Million)

Table 33 Asia-Pacific Software Industry Market Value, By Form of commercial transaction, 2017-2026 (USD Million)

Table 34 Asia-Pacific Software Industry Market Value, By Industry, 2017-2026 (USD Million)

Table 35 Asia-Pacific Software Industry Market Value, By Deployment Type, 2017-2026 (USD Million)

Table 36 Asia-Pacific Software Industry Market Value, By Country, 2017-2026 (USD Million)

Table 37 Middle East & Africa Software Industry Market Value, By Software type, 2017-2026 (USD Million)

Table 38 Middle East & Africa Software Industry Market Value, By Form of commercial transaction, 2017-2026 (USD Million)

Table 39 Middle East & Africa Software Industry Market Value, By Industry, 2017-2026 (USD Million)

Table 40 Middle East & Africa Software Industry Market Value, By Deployment Type, 2017-2026 (USD Million)

Table 41 Microsoft: Overview

Table 42 Microsoft: Product Portfolio

Table 43 Microsoft: Key Developments

Table 44 Oracle: Overview

Table 45 Oracle: Product Portfolio

Table 46 Oracle: Key Developments

Table 47 SAP: Overview

Table 48 SAP: Product Portfolio

Table 49 SAP: Key Developments

Table 50 Symantec: Overview

Table 51 Symantec: Product Portfolio

Table 52 Symantec: Key Developments

Table 53 VMware: Overview

Table 54 VMware: Product Portfolio

Table 55 VMware: Key Developments

Table 56 Adobe Systems: Overview

Table 57 Adobe Systems: Product Portfolio

Table 58 Adobe Systems: Key Developments

Table 59 Infosys: Overview

Table 60 Infosys: Product Portfolio

Table 61 Infosys: Key Developments

Table 62 Wipro: Overview

Table 63 Wipro: Product Portfolio

Table 64 Wipro: Key Developments

Table 65 Google: Overview

Table 66 Google: Product Portfolio

Table 67 Google: Key Developments

Table 68 Amadeus IT Group: Overview

Table 69 Amadeus IT Group: Product Portfolio

Table 70 Amadeus IT Group: Key Developments

LIST OF FIGURES

Figure 1 Global Software Industry Market Share, By Software type, 2018 & 2026 (%)

Figure 2 Global Software Industry Market Share, By Form of commercial transaction, 2018 & 2026 (%)

Figure 3 Global Software Industry Market Share, By Industry, 2018 & 2026 (%)

Figure 4 Global Software Industry Market Share, By Deployment Type, 2018 & 2026 (%)

Figure 5 Global Software Industry Market Share, By Region, 2018 & 2026 (%)

Figure 6 Global Software Industry Market Value, 2017-2026 (USD Million)

Figure 7 Global Software Industry Market Y-o-Y Growth, By Software Type, 2018-2026 (%)

Figure 8 Application software: Global Software Industry Market Value, 2017-2026 (USD Million)

Figure 9 System software: Global Software Industry Market Value, 2017-2026 (USD Million)

Figure 10 Anti-malware: Global Software Industry Market Value, 2017-2026 (USD Million)

Figure 11 Global Software Industry Market Y-o-Y Growth, By Form of commercial transaction, 2018-2026 (%)

Figure 12 B2B: Global Software Industry Market Value, 2017-2026 (USD Million)

Figure 13 B2C: Global Software Industry Market Value, 2017-2026 (USD Million)

Figure 14 Global Software Industry Market Y-o-Y Growth, By Industry, 2018-2026 (%)

Figure 15 Telecommunication: Global Software Industry Market Value, 2017-2026 (USD Million)

Figure 15 Banking and Finance: Global Software Industry Market Value, 2017-2026 (USD Million)

Figure 16 Health Care: Global Software Industry Market Value, 2017-2026 (USD Million)

Figure 17 Manufacturing: Global Software Industry Market Value, 2017-2026 (USD Million)

Figure 18 Automotive: Global Software Industry Market Value, 2017-2026 (USD Million)

Figure 19 Others: Global Software Industry Market Value, 2017-2026 (USD Million)

Figure 20 Global Software Industry Market Y-o-Y Growth, By Deployment Type, 2018-2026 (%)

Figure 21  Cloud-based: Global Software Industry Market Value, 2017-2026 (USD Million)

Figure 22  On-Premises: Global Software Industry Market Value, 2017-2026 (USD Million)

Figure 23 Global Software Industry Market Y-o-Y Growth, By Region, 2018-2026 (%)

Figure 24 North America Software Industry Market Value, 2017-2026 (USD Million)

Figure 25 North America Software Industry Market Share, By Software type, 2018 & 2026 (%)

Figure 26 North America Software Industry Market Share, By Form of commercial transaction, 2018 & 2026 (%)

Figure 27 North America Software Industry Market Share, By Industry, 2018 & 2026 (%)

Figure 28 North America Software Industry Market Share, By Deployment Type, 2018 & 2026 (%)

Figure 29 North America Software Industry Market Share, By Country, 2018 & 2026 (%)

Figure 30 South America Software Industry Market Value, 2017-2026 (USD Million)

Figure 31 South America Software Industry Market Share, By Software type, 2018 & 2026 (%)

Figure 32 South America Software Industry Market Share, By Form of commercial transaction, 2018 & 2026 (%)

Figure 33 South America Software Industry Market Share, By Industry, 2018 & 2026 (%)

Figure 34 South America Software Industry Market Share, By Deployment Type, 2018 & 2026 (%)

Figure 35 South America Software Industry Market Share, By Country, 2018 & 2026 (%)

Figure 36 Europe Software Industry Market Value, 2017-2026 (USD Million)

Figure 37 Europe Software Industry Market Share, By Software type, 2018 & 2026 (%)

Figure 38 Europe Software Industry Market Share, By Form of commercial transaction, 2018 & 2026 (%)

Figure 39 Europe Software Industry Market Share, By Industry, 2018 & 2026 (%)

Figure 40 Europe Software Industry Market Share, By Deployment Type, 2018 & 2026 (%)

Figure 41 Europe Software Industry Market Share, By Country, 2018 & 2026 (%)

Figure 41 Asia-Pacific Software Industry Market Value, 2017-2026 (USD Million)

Figure 42 Asia-Pacific Software Industry Market Share, By Software type, 2018 & 2026 (%)

Figure 43 Asia-Pacific Software Industry Market Share, By Form of commercial transaction, 2018 & 2026 (%)

Figure 44 Asia-Pacific Software Industry Market Share, By Industry, 2018 & 2026 (%)

Figure 45 Asia-Pacific Software Industry Market Share, By Deployment Type, 2018 & 2026 (%)

Figure 46 Asia-Pacific Software Industry Market Share, By Country, 2018 & 2026 (%)

Figure 47 Middle East & Africa Software Industry Market Value, 2017-2026 (USD Million)

Figure 48 Middle East & Africa Software Industry Market Share, By Software type, 2018 & 2026 (%)

Figure 49 Middle East & Africa Software Industry Market Share, By Form of commercial transaction, 2018 & 2026 (%)

Figure 50 Middle East & Africa Software Industry Market Share, By Industry, 2018 & 2026 (%)

Figure 51 Middle East & Africa Software Industry Market Share, By Deployment type, 2018 & 2026 (%)

Figure 52 Microsoft: Financials

Figure 53 Oracle: Financials

Figure 54 SAP: Financials

Figure 55 Symantec: Financials

Figure 56 VMware: Financials

Figure 57 Adobe Systems: Financials

Figure 58 Infosys: Financials

Figure 59 Wipro: Financials

Figure 60 Google: Financials

Figure 61 Amadeus IT Group: Financials

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