The global business software and services market size is expected to reach around US$ 1027.71 billion by 2030 from US$ 395.78 billion in 2021 and is expected to grow at an impressive double-digit rate of 11.2% from 2022 to 2030.
The study includes drivers and restraints of this market. The study provides an analysis of the global business software and services market for the period 2017-2030, wherein 2022 to 2030 is the forecast period and 2021 is considered as the base year.
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Impact of COVID-19:
COVID-19 is an unparalleled global public health emergency that has affected almost every industry and its long-term impact is expected to impact the industry growth over the forecast period. Business Software And Services Market Reports provide insight into COVID-19, taking into account changes in consumer behavior and demand, purchasing patterns, rerouting supply chains, current market dynamics, and significant government interventions. The updated study provides insights, analysis, estimations and forecasts considering the impact of COVID-19 on the market.
Report Scope of the Business Software and Services Market
| Report Coverage | Details |
| Market Size by 2030 | USD 1027.71 Billion |
| Growth Rate from 2022 to 2030 | CAGR of 11.2% |
| Largest Market | North America |
| Fastest Growing Market | Europe |
| Base Year | 2021 |
| Forecast Period | 2022 to 2030 |
Research Methodology
A unique research methodology has been utilized to conduct comprehensive research on the growth of the global business software and services market and arrive at conclusions on the future growth prospects of the market. This research methodology is a combination of primary and secondary research, which helps analysts warrant the accuracy and reliability of the draw conclusions. Secondary sources referred to by analysts during the production of the global market report include statistics from company annual reports, SEC filings, company websites, World Bank database, investor presentations, regulatory databases, government publications, and industry white papers. Analysts have also interviewed senior managers, product portfolio managers, CEOs, VPs, and market intelligence managers, who contributed to the production of our study on the market as a primary source.
These primary and secondary sources provided exclusive information during interviews, which serves as a validation from mattress topper industry leaders. Access to an extensive internal repository and external proprietary databases allows this report to address specific details and questions about the global business software and services market with accuracy. The study also uses the top-down approach to assess the numbers for each segment and the bottom-up approach to counter-validate them. This has helped to estimates the future prospects of the global market more reliable and accurate.
Why should you invest in this report?
If you are aiming to enter the global business software and services market, this report is a comprehensive guide that provides crystal clear insights into this niche market. All the major application areas for business software and services are covered in this report and information is given on the important regions of the world where this market is likely to boom during the forecast period of 2022-2030, so that you can plan your strategies to enter this market accordingly.
Besides, through this report, you can have a complete grasp of the level of competition you will be facing in this hugely competitive market and if you are an established player in this market already, this report will help you gauge the strategies that your competitors have adopted to stay as market leaders in this market. For new entrants to this market, the voluminous data provided in this report is invaluable.
Some of the prominent players in the global business software and services market include:
- Epicor Software Corporation
- Infor Inc.
- Oracle Corporation
- Microsoft Corporation
- Acumatica Inc.
- Unit4
- International Business Machines Corporation
- NetSuite Inc.
- Totvs SA
- SYSPRO
Market Segmentation:
By Software
- Finance
- Sales & Marketing
- Human Resource
- Supply Chain
- Others
By Service
- Consulting
- Managed Services
- Support & Maintenance
By Deployment
- Cloud
- On-premise
By Enterprise
- Large Enterprises
- Small & Medium Enterprises
By End Use
- Aerospace & Defense
- BFSI
- Government
- Healthcare
- IT & Telecom
- Manufacturing
- Retail
- Transportation
- Others
Regional Analysis:
The geographical analysis of the global business software and services market has been done for North America, Europe, Asia-Pacific, and the Rest of the World.
The North American Market is again segmented into the US, Canada, and Mexico. Coming to the European Market, it can be segmented further into the UK, Germany, France, Italy, Spain, and the rest. Coming to the Asia-Pacific, the global business software and services Market is segmented into China, India, Japan, and Rest of Asia Pacific. Among others, the market is segmented into the Middle East and Africa, (GCC, North Africa, South Africa and Rest of the Middle East & Africa).
Key Questions Answered by the Report:
- What will be the size of the global business software and services market in 2030?
- What is the expected CAGR for the business software and services market between 2021 and 2030?
- Which are the top players active in this global market?
- What are the key drivers of this global market?
- How will the market situation change in the coming years?
- Which region held the highest market share in this global market?
- What are the common business tactics adopted by players?
- What is the growth outlook of the global business software and services market?
TABLE OF CONTENT
Chapter 1. Introduction
1.1. Research Objective
1.2. Scope of the Study
1.3. Definition
Chapter 2. Research Methodology
2.1. Research Approach
2.2. Data Sources
2.3. Assumptions & Limitations
Chapter 3. Executive Summary
3.1. Market Snapshot
Chapter 4. Market Variables and Scope
4.1. Introduction
4.2. Market Classification and Scope
4.3. Industry Value Chain Analysis
4.3.1. Raw Material Procurement Analysis
4.3.2. Sales and Distribution Channel Analysis
4.3.3. Downstream Buyer Analysis
Chapter 5. COVID 19 Impact on Business Software and Services Market
5.1. COVID-19 Landscape: Business Software and Services Industry Impact
5.2. COVID 19 - Impact Assessment for the Industry
5.3. COVID 19 Impact: Global Major Government Policy
5.4. Market Trends and Opportunities in the COVID-19 Landscape
Chapter 6. Market Dynamics Analysis and Trends
6.1. Market Dynamics
6.1.1. Market Drivers
6.1.2. Market Restraints
6.1.3. Market Opportunities
6.2. Porter’s Five Forces Analysis
6.2.1. Bargaining power of suppliers
6.2.2. Bargaining power of buyers
6.2.3. Threat of substitute
6.2.4. Threat of new entrants
6.2.5. Degree of competition
Chapter 7. Competitive Landscape
7.1.1. Company Market Share/Positioning Analysis
7.1.2. Key Strategies Adopted by Players
7.1.3. Vendor Landscape
7.1.3.1. List of Suppliers
7.1.3.2. List of Buyers
Chapter 8. Global Business Software and Services Market, By Software Type
8.1. Business Software and Services Market, by Software Type, 2022-2030
8.1.1. Finance
8.1.1.1. Market Revenue and Forecast (2017-2030)
8.1.2. Sales & Marketing
8.1.2.1. Market Revenue and Forecast (2017-2030)
8.1.3. Human Resource
8.1.3.1. Market Revenue and Forecast (2017-2030)
8.1.4. Supply Chain
8.1.4.1. Market Revenue and Forecast (2017-2030)
8.1.5. Others
8.1.5.1. Market Revenue and Forecast (2017-2030)
Chapter 9. Global Business Software and Services Market, By Service Type
9.1. Business Software and Services Market, by Service Type, 2022-2030
9.1.1. Consulting
9.1.1.1. Market Revenue and Forecast (2017-2030)
9.1.2. Managed Services
9.1.2.1. Market Revenue and Forecast (2017-2030)
9.1.3. Support & Maintenance
9.1.3.1. Market Revenue and Forecast (2017-2030)
Chapter 10. Global Business Software and Services Market, By Deployment Type
10.1. Business Software and Services Market, by Deployment Type, 2022-2030
10.1.1. Cloud
10.1.1.1. Market Revenue and Forecast (2017-2030)
10.1.2. On-premise
10.1.2.1. Market Revenue and Forecast (2017-2030)
Chapter 11. Global Business Software and Services Market, By Enterprise Type
11.1. Business Software and Services Market, by Enterprise Type, 2022-2030
11.1.1. Large Enterprises
11.1.1.1. Market Revenue and Forecast (2017-2030)
11.1.2. Small Enterprises
11.1.2.1. Market Revenue and Forecast (2017-2030)
11.1.3. Medium Enterprises
11.1.3.1. Market Revenue and Forecast (2017-2030)
Chapter 12. Global Business Software and Services Market, By End Use Type
12.1. Business Software and Services Market, by End Use, 2022-2030
12.1.1. Aerospace & Defense
12.1.1.1. Market Revenue and Forecast (2017-2030)
12.1.2. BFSI
12.1.2.1. Market Revenue and Forecast (2017-2030)
12.1.3. Government
12.1.3.1. Market Revenue and Forecast (2017-2030)
12.1.4. Healthcare
12.1.4.1. Market Revenue and Forecast (2017-2030)
12.1.5. IT & Telecom
12.1.5.1. Market Revenue and Forecast (2017-2030)
12.1.6. Others
12.1.6.1. Market Revenue and Forecast (2017-2030)
Chapter 13. Global Business Software and Services Market, Regional Estimates and Trend Forecast
13.1. North America
13.1.1. Market Revenue and Forecast, by Software (2017-2030)
13.1.2. Market Revenue and Forecast, by Service (2017-2030)
13.1.3. Market Revenue and Forecast, by Deployment (2017-2030)
13.1.4. Market Revenue and Forecast, by Enterprise (2017-2030)
13.1.5. Market Revenue and Forecast, by End Use (2017-2030)
13.1.6. U.S.
13.1.6.1. Market Revenue and Forecast, by Software (2017-2030)
13.1.6.2. Market Revenue and Forecast, by Service (2017-2030)
13.1.6.3. Market Revenue and Forecast, by Deployment (2017-2030)
13.1.6.4. Market Revenue and Forecast, by Enterprise (2017-2030)
13.1.7. Market Revenue and Forecast, by End Use (2017-2030)
13.1.8. Rest of North America
13.1.8.1. Market Revenue and Forecast, by Software (2017-2030)
13.1.8.2. Market Revenue and Forecast, by Service (2017-2030)
13.1.8.3. Market Revenue and Forecast, by Deployment (2017-2030)
13.1.8.4. Market Revenue and Forecast, by Enterprise (2017-2030)
13.1.8.5. Market Revenue and Forecast, by End Use (2017-2030)
13.2. Europe
13.2.1. Market Revenue and Forecast, by Software (2017-2030)
13.2.2. Market Revenue and Forecast, by Service (2017-2030)
13.2.3. Market Revenue and Forecast, by Deployment (2017-2030)
13.2.4. Market Revenue and Forecast, by Enterprise (2017-2030)
13.2.5. Market Revenue and Forecast, by End Use (2017-2030)
13.2.6. UK
13.2.6.1. Market Revenue and Forecast, by Software (2017-2030)
13.2.6.2. Market Revenue and Forecast, by Service (2017-2030)
13.2.6.3. Market Revenue and Forecast, by Deployment (2017-2030)
13.2.7. Market Revenue and Forecast, by Enterprise (2017-2030)
13.2.8. Market Revenue and Forecast, by End Use (2017-2030)
13.2.9. Germany
13.2.9.1. Market Revenue and Forecast, by Software (2017-2030)
13.2.9.2. Market Revenue and Forecast, by Service (2017-2030)
13.2.9.3. Market Revenue and Forecast, by Deployment (2017-2030)
13.2.10. Market Revenue and Forecast, by Enterprise (2017-2030)
13.2.11. Market Revenue and Forecast, by End Use (2017-2030)
13.2.12. France
13.2.12.1. Market Revenue and Forecast, by Software (2017-2030)
13.2.12.2. Market Revenue and Forecast, by Service (2017-2030)
13.2.12.3. Market Revenue and Forecast, by Deployment (2017-2030)
13.2.12.4. Market Revenue and Forecast, by Enterprise (2017-2030)
13.2.13. Market Revenue and Forecast, by End Use (2017-2030)
13.2.14. Rest of Europe
13.2.14.1. Market Revenue and Forecast, by Software (2017-2030)
13.2.14.2. Market Revenue and Forecast, by Service (2017-2030)
13.2.14.3. Market Revenue and Forecast, by Deployment (2017-2030)
13.2.14.4. Market Revenue and Forecast, by Enterprise (2017-2030)
13.2.15. Market Revenue and Forecast, by End Use (2017-2030)
13.3. APAC
13.3.1. Market Revenue and Forecast, by Software (2017-2030)
13.3.2. Market Revenue and Forecast, by Service (2017-2030)
13.3.3. Market Revenue and Forecast, by Deployment (2017-2030)
13.3.4. Market Revenue and Forecast, by Enterprise (2017-2030)
13.3.5. Market Revenue and Forecast, by End Use (2017-2030)
13.3.6. India
13.3.6.1. Market Revenue and Forecast, by Software (2017-2030)
13.3.6.2. Market Revenue and Forecast, by Service (2017-2030)
13.3.6.3. Market Revenue and Forecast, by Deployment (2017-2030)
13.3.6.4. Market Revenue and Forecast, by Enterprise (2017-2030)
13.3.7. Market Revenue and Forecast, by End Use (2017-2030)
13.3.8. China
13.3.8.1. Market Revenue and Forecast, by Software (2017-2030)
13.3.8.2. Market Revenue and Forecast, by Service (2017-2030)
13.3.8.3. Market Revenue and Forecast, by Deployment (2017-2030)
13.3.8.4. Market Revenue and Forecast, by Enterprise (2017-2030)
13.3.9. Market Revenue and Forecast, by End Use (2017-2030)
13.3.10. Japan
13.3.10.1. Market Revenue and Forecast, by Software (2017-2030)
13.3.10.2. Market Revenue and Forecast, by Service (2017-2030)
13.3.10.3. Market Revenue and Forecast, by Deployment (2017-2030)
13.3.10.4. Market Revenue and Forecast, by Enterprise (2017-2030)
13.3.10.5. Market Revenue and Forecast, by End Use (2017-2030)
13.3.11. Rest of APAC
13.3.11.1. Market Revenue and Forecast, by Software (2017-2030)
13.3.11.2. Market Revenue and Forecast, by Service (2017-2030)
13.3.11.3. Market Revenue and Forecast, by Deployment (2017-2030)
13.3.11.4. Market Revenue and Forecast, by Enterprise (2017-2030)
13.3.11.5. Market Revenue and Forecast, by End Use (2017-2030)
13.4. MEA
13.4.1. Market Revenue and Forecast, by Software (2017-2030)
13.4.2. Market Revenue and Forecast, by Service (2017-2030)
13.4.3. Market Revenue and Forecast, by Deployment (2017-2030)
13.4.4. Market Revenue and Forecast, by Enterprise (2017-2030)
13.4.5. Market Revenue and Forecast, by End Use (2017-2030)
13.4.6. GCC
13.4.6.1. Market Revenue and Forecast, by Software (2017-2030)
13.4.6.2. Market Revenue and Forecast, by Service (2017-2030)
13.4.6.3. Market Revenue and Forecast, by Deployment (2017-2030)
13.4.6.4. Market Revenue and Forecast, by Enterprise (2017-2030)
13.4.7. Market Revenue and Forecast, by End Use (2017-2030)
13.4.8. North Africa
13.4.8.1. Market Revenue and Forecast, by Software (2017-2030)
13.4.8.2. Market Revenue and Forecast, by Service (2017-2030)
13.4.8.3. Market Revenue and Forecast, by Deployment (2017-2030)
13.4.8.4. Market Revenue and Forecast, by Enterprise (2017-2030)
13.4.9. Market Revenue and Forecast, by End Use (2017-2030)
13.4.10. South Africa
13.4.10.1. Market Revenue and Forecast, by Software (2017-2030)
13.4.10.2. Market Revenue and Forecast, by Service (2017-2030)
13.4.10.3. Market Revenue and Forecast, by Deployment (2017-2030)
13.4.10.4. Market Revenue and Forecast, by Enterprise (2017-2030)
13.4.10.5. Market Revenue and Forecast, by End Use (2017-2030)
13.4.11. Rest of MEA
13.4.11.1. Market Revenue and Forecast, by Software (2017-2030)
13.4.11.2. Market Revenue and Forecast, by Service (2017-2030)
13.4.11.3. Market Revenue and Forecast, by Deployment (2017-2030)
13.4.11.4. Market Revenue and Forecast, by Enterprise (2017-2030)
13.4.11.5. Market Revenue and Forecast, by End Use (2017-2030)
13.5. Latin America
13.5.1. Market Revenue and Forecast, by Software (2017-2030)
13.5.2. Market Revenue and Forecast, by Service (2017-2030)
13.5.3. Market Revenue and Forecast, by Deployment (2017-2030)
13.5.4. Market Revenue and Forecast, by Enterprise (2017-2030)
13.5.5. Market Revenue and Forecast, by End Use (2017-2030)
13.5.6. Brazil
13.5.6.1. Market Revenue and Forecast, by Software (2017-2030)
13.5.6.2. Market Revenue and Forecast, by Service (2017-2030)
13.5.6.3. Market Revenue and Forecast, by Deployment (2017-2030)
13.5.6.4. Market Revenue and Forecast, by Enterprise (2017-2030)
13.5.7. Market Revenue and Forecast, by End Use (2017-2030)
13.5.8. Rest of LATAM
13.5.8.1. Market Revenue and Forecast, by Software (2017-2030)
13.5.8.2. Market Revenue and Forecast, by Service (2017-2030)
13.5.8.3. Market Revenue and Forecast, by Deployment (2017-2030)
13.5.8.4. Market Revenue and Forecast, by Enterprise (2017-2030)
13.5.8.5. Market Revenue and Forecast, by End Use (2017-2030)
Chapter 14. Company Profiles
14.1. Epicor Software Corporation
14.1.1. Company Overview
14.1.2. Product Offerings
14.1.3. Financial Performance
14.1.4. Recent Initiatives
14.2. Infor Inc.
14.2.1. Company Overview
14.2.2. Product Offerings
14.2.3. Financial Performance
14.2.4. Recent Initiatives
14.3. Oracle Corporation
14.3.1. Company Overview
14.3.2. Product Offerings
14.3.3. Financial Performance
14.3.4. Recent Initiatives
14.4. Microsoft Corporation
14.4.1. Company Overview
14.4.2. Product Offerings
14.4.3. Financial Performance
14.4.4. Recent Initiatives
14.5. Acumatica Inc.
14.5.1. Company Overview
14.5.2. Product Offerings
14.5.3. Financial Performance
14.5.4. Recent Initiatives
14.6. Unit4
14.6.1. Company Overview
14.6.2. Product Offerings
14.6.3. Financial Performance
14.6.4. Recent Initiatives
14.7. International Business Machines Corporation
14.7.1. Company Overview
14.7.2. Product Offerings
14.7.3. Financial Performance
14.7.4. Recent Initiatives
14.8. NetSuite Inc.
14.8.1. Company Overview
14.8.2. Product Offerings
14.8.3. Financial Performance
14.8.4. Recent Initiatives
14.9. Totvs SA
14.9.1. Company Overview
14.9.2. Product Offerings
14.9.3. Financial Performance
14.9.4. Recent Initiatives
14.10. SYSPRO
14.10.1. Company Overview
14.10.2. Product Offerings
14.10.3. Financial Performance
14.10.4. Recent Initiatives
Chapter 15. Research Methodology
15.1. Primary Research
15.2. Secondary Research
15.3. Assumptions
Chapter 16. Appendix
16.1. About Us
16.2. Glossary of Terms
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