Business Software And Services Market Size, Share & Trends Analysis Report By Software, By Service, By Deployment, By Enterprise Size, By End Use, By Region, And Segment Forecasts, 2022 - 2030
Description
Business Software And Services Market Size, Share & Trends Analysis Report By Software, By Service, By Deployment, By Enterprise Size, By End Use, By Region, And Segment Forecasts, 2022 - 2030
Business Software And Services Market Growth & Trends
The global business software and services market size is expected to reach USD 1,153.75 billion by 2030, registering a CAGR of 11.7% from 2022 to 2030, according to a new study conducted by Grand View Research, Inc. The market is expected to witness significant growth over the forecast period owing to increasing data volumes and automation of business processes across various industries, such as healthcare, retail, and manufacturing.
Corporate software and services offer various benefits, such as on-time product delivery, lower production costs, and enhanced operational efficiency. This is expected to favor market expansion over the forecast period. Moreover, they enable companies to reduce costs and consolidate business operations into a single central system, thereby resulting in increased transparency in various business activities.
The demand for cloud-based solutions has increased in recent years on account of technological advancements and the rising focus of businesses on offering flexibility and mobility to users. Vendors are responding to this by developing solutions that can be deployed via cloud platforms. The demand for cloud-based solutions is expected to increase substantially among small and medium-sized businesses over the forecast period.
Moreover, personalized solutions are being rapidly deployed for specific company activities as a result of technological innovations, the growing use of new data sources, and the penetration of cloud-based services. For instance, the adoption of supply chain management software has increased in response to the growing demand for improved delivery mechanisms from the point of production to the point of consumption.
Business Software And Services Market Report Highlights
Business Software And Services Market Growth & Trends
The global business software and services market size is expected to reach USD 1,153.75 billion by 2030, registering a CAGR of 11.7% from 2022 to 2030, according to a new study conducted by Grand View Research, Inc. The market is expected to witness significant growth over the forecast period owing to increasing data volumes and automation of business processes across various industries, such as healthcare, retail, and manufacturing.
Corporate software and services offer various benefits, such as on-time product delivery, lower production costs, and enhanced operational efficiency. This is expected to favor market expansion over the forecast period. Moreover, they enable companies to reduce costs and consolidate business operations into a single central system, thereby resulting in increased transparency in various business activities.
The demand for cloud-based solutions has increased in recent years on account of technological advancements and the rising focus of businesses on offering flexibility and mobility to users. Vendors are responding to this by developing solutions that can be deployed via cloud platforms. The demand for cloud-based solutions is expected to increase substantially among small and medium-sized businesses over the forecast period.
Moreover, personalized solutions are being rapidly deployed for specific company activities as a result of technological innovations, the growing use of new data sources, and the penetration of cloud-based services. For instance, the adoption of supply chain management software has increased in response to the growing demand for improved delivery mechanisms from the point of production to the point of consumption.
Business Software And Services Market Report Highlights
- The sales and marketing segment is anticipated to grow at the highest CAGR from 2022 to 2030. Sales and marketing management solutions are widely used by companies to combine their sales procedures and tasks
- The support and maintenance segment dominated the market in 2021. The emergence of software business models to identify and fix issues related to product quality can be attributed to this growth
- The cloud segment is expected to emerge as the fastest-growing deployment segment over the forecast period as it eliminates the need for frequent and manual upgrades and enables users to access data from any location in a hassle-free way
- The Small & Medium Enterprises (SME) segment is expected to register a promising CAGR over the forecast period. The growing number of government initiatives through digital SME campaigns such as video marketing, social media, and search engine marketing is expected to drive the growth of the segment
- Healthcare is expected to emerge as the fastest-growing end-use segment over the forecast period. The growth can be attributed to the increasing demand for process streamlining in documentation processes, health data exchange, and storage
- North America accounted for the largest revenue share in 2021 and is expected to continue dominating the market over the forecast period. The increased adoption of advanced technologies such as machine learning, artificial intelligence, and blockchain is contributing to the regional market growth
Table of Contents
161 Pages
- Chapter 1 Methodology and Scope
- 1.1 Research Methodology
- 1.2 Research Scope and Assumptions
- 1.3 List of Data Sources
- Chapter 2 Executive Summary
- 2.1 Business Software and Services Market - Industry Snapshot & Key Buying Criteria, 2017 - 2030
- 2.2 Global Business Software and Services Market, 2017 - 2030
- 2.2.1 Global Business Software and Services Market, by Region, 2017 - 2030
- 2.2.2 Global Business Software and Services Market, by Software, 2017 - 2030
- 2.2.3 Global Business Software and Services Market, by Service, 2017 - 2030
- 2.2.4 Global Business Software and Services Market, by Deployment, 2017 - 2030
- 2.2.5 Global Business Software and Services Market, by Enterprise Size, 2017 - 2030
- 2.2.6 Global Business Software and Services Market, by End Use, 2017 - 2030
- Chapter 3 Business Software and Services Market - Industry Outlook
- 3.1 Market Segmentation and Scope
- 3.2 Market Size and Growth Prospects
- 3.3 Business Software and Services Market - Value Chain Analysis
- 3.3.1 Vendor Landscape
- 3.4 Business Software and Services Market Dynamics
- 3.4.1 Market Driver Analysis
- 3.4.1.1 Growing Need for Operational Efficiency and Improved Transparency in Business Operations
- 3.4.1.2 Increasing Shift Toward Cloud Computing
- 3.4.2 Market Restraint Analysis
- 3.4.2.1 High Costs of Licensing and Support
- 3.5 Penetration and Growth Prospect Mapping
- 3.6 Business Software and Services Market - Key Company Ranking/Company Market Share Analysis, 2021
- 3.7 Business Software and Services Market - Porter’s Five Forces Analysis
- 3.8 Business Software and Services Market - PESTEL Analysis
- Chapter 4 Business Software Outlook
- 4.1 Business Software and Services Market Share By Software, 2021
- 4.2 Finance
- 4.2.1 Finance Business Software and Services Market, 2017 - 2030
- 4.3 Sales & Marketing
- 4.3.1 Sales & Marketing Business Software and Services Market, 2017 - 2030
- 4.4 Human Resource
- 4.4.1 Human Resource Business Software and Services Market, 2017 - 2030
- 4.5 Supply Chain
- 4.5.1 Supply Chain Business Software and Services Market, 2017 - 2030
- 4.6 Others
- 4.6.1 Other Business Software and Services Market, 2017 - 2030
- Chapter 5 Business Service Outlook
- 5.1 Business Software and Services Market Share By Service, 2021
- 5.2 Consulting
- 5.2.1 Business Software and Consulting Services Market, 2017 - 2030
- 5.3 Managed Services
- 5.3.1 Business Software and Managed Services Market, 2017 - 2030
- 5.4 Support & maintenance
- 5.4.1 Business Software and Support & Maintenance Services Market, 2017 - 2030
- Chapter 6 Business Software and Services Deployment Outlook
- 6.1 Business Software and Services Market Share By Deployment, 2021
- 6.2 Cloud
- 6.2.1 Cloud Business Software and Services Market, 2017 - 2030
- 6.3 On-premise
- 6.3.1 On-premise Business Software and Services Market, 2017 - 2030
- Chapter 7 Business Software and Services Enterprise Size Outlook
- 7.1 Business Software and Services Market Share By Enterprise Size, 2021
- 7.2 Large Enterprises
- 7.2.1 Business Software and Services in Large Enterprises, 2017 - 2030
- 7.3 Small & Medium Enterprises
- 7.3.1 Business Software and Services in Small & Medium Enterprises, 2017 - 2030
- Chapter 8 Business Software and Services End-use Outlook
- 8.1 Business Software and Services Market Share By End Use, 2021
- 8.2 Aerospace & Defense
- 8.2.1 Business Software and Services in Aerospace & Defense, 2017 - 2030
- 8.3 BFSI
- 8.3.1 Business Software and Services in BFSI, 2017 - 2030
- 8.4 Government
- 8.4.1 Business Software and Services in Government, 2017 - 2030
- 8.5 Healthcare
- 8.5.1 Business Software and Services in Healthcare, 2017 - 2030
- 8.6 IT & Telecom
- 8.6.1 Business Software and Services in IT & Telecom, 2017 - 2030
- 8.7 Manufacturing
- 8.7.1 Business Software and Services in Manufacturing, 2017 - 2030
- 8.8 Retail
- 8.8.1 Business Software and Services in Retail, 2017 - 2030
- 8.9 Transportation
- 8.9.1 Business Software and Services in Transportation, 2017 - 2030
- 8.10 Others
- 8.10.1 Business Software and Services in Other End Use, 2017 - 2030
- Chapter 9 Business Software and Services Regional Outlook
- 9.1 Business Software and Services Market Share by Region, 2021
- 9.2 North America
- 9.2.1 North America Business Software and Services Market, 2017 - 2030
- 9.2.2 North America Business Software and Services Market, by Software, 2017 - 2030
- 9.2.3 North America Business Software and Services Market, by Service, 2017 - 2030
- 9.2.4 North America Business Software and Services Market, by Deployment, 2017 - 2030
- 9.2.5 North America Business Software and Services Market, by Enterprise Size, 2017 - 2030
- 9.2.6 North America Business Software and Services Market, by End Use, 2017 - 2030
- 9.2.7 U.S.
- 9.2.7.1 U.S. Business Software and Services Market, 2017 - 2030
- 9.2.7.2 U.S. Business Software and Services Market, by Software, 2017 - 2030
- 9.2.7.3 U.S. Business Software and Services Market, by Service, 2017 - 2030
- 9.2.7.4 U.S. Business Software and Services Market, by Deployment, 2017 - 2030
- 9.2.7.5 U.S. Business Software and Services Market, by Enterprise Size, 2017 - 2030
- 9.2.7.6 U.S. Business Software and Services Market, by End Use, 2017 - 2030
- 9.2.8 Canada
- 9.2.8.1 Canada Business Software and Services Market, 2017 - 2030
- 9.2.8.2 Canada Business Software and Services Market, by Software, 2017 - 2030
- 9.2.8.3 Canada Business Software and Services Market, by Service, 2017 - 2030
- 9.2.8.4 Canada Business Software and Services Market, by Deployment, 2017 - 2030
- 9.2.8.5 Canada Business Software and Services Market, by Enterprise Size, 2017 - 2030
- 9.2.8.6 Canada Business Software and Services Market, by End Use, 2017 - 2030
- 9.3 Europe
- 9.3.1 Europe Business Software and Services Market, 2017 - 2030
- 9.3.2 Europe Business Software and Services Market, by Software, 2017 - 2030
- 9.3.3 Europe Business Software and Services Market, by Service, 2017 - 2030
- 9.3.4 Europe Business Software and Services Market, by Deployment, 2017 - 2030
- 9.3.5 Europe Business Software and Services Market, by Enterprise Size, 2017 - 2030
- 9.3.6 Europe Business Software and Services Market, by End Use, 2017 - 2030
- 9.3.7 Germany
- 9.3.7.1 Germany Business Software and Services Market, 2017 - 2030
- 9.3.7.2 Germany Business Software and Services Market, by Software, 2017 - 2030
- 9.3.7.3 Germany Business Software and Services Market, by Service, 2017 - 2030
- 9.3.7.4 Germany Business Software and Services Market, by Deployment, 2017 - 2030
- 9.3.7.5 Germany Business Software and Services Market, by Enterprise Size, 2017 - 2030
- 9.3.7.6 Germany Business Software and Services Market, by End Use, 2017 - 2030
- 9.3.8 U.K.
- 9.3.8.1 U.K. Business Software and Services Market, 2017 - 2030
- 9.3.8.2 U.K. Business Software and Services Market, by Software, 2017 - 2030
- 9.3.8.3 U.K. Business Software and Services Market, by Service, 2017 - 2030
- 9.3.8.4 U.K. Business Software and Services Market, by Deployment, 2017 - 2030
- 9.3.8.5 U.K. Business Software and Services Market, by Enterprise Size, 2017 - 2030
- 9.3.8.6 U.K. Business Software and Services Market, by End Use, 2017 - 2030
- 9.4 Asia Pacific
- 9.4.1 Asia Pacific Business Software and Services Market, 2017 - 2030
- 9.4.2 Asia Pacific Business Software and Services Market, by Software, 2017 - 2030
- 9.4.3 Asia Pacific Business Software and Services Market, by Service, 2017 - 2030
- 9.4.4 Asia Pacific Business Software and Services Market, by Deployment, 2017 - 2030
- 9.4.5 Asia Pacific Business Software and Services Market, by Enterprise Size, 2017 - 2030
- 9.4.6 Asia Pacific Business Software and Services Market, by End Use, 2017 - 2030
- 9.4.7 China
- 9.4.7.1 China Business Software and Services Market, 2017 - 2030
- 9.4.7.2 China Business Software and Services Market, by Software, 2017 - 2030
- 9.4.7.3 China Business Software and Services Market, by Service, 2017 - 2030
- 9.4.7.4 China Business Software and Services Market, by Deployment, 2017 - 2030
- 9.4.7.5 China Business Software and Services Market, by Enterprise Size, 2017 - 2030
- 9.4.7.6 China Business Software and Services Market, by End Use, 2017 - 2030
- 9.4.8 India
- 9.4.8.1 India Business Software and Services Market, 2017 - 2030
- 9.4.8.2 India Business Software and Services Market, by Software, 2017 - 2030
- 9.4.8.3 India Business Software and Services Market, by Service, 2017 - 2030
- 9.4.8.4 India Business Software and Services Market, by Deployment, 2017 - 2030
- 9.4.8.5 India Business Software and Services Market, by Enterprise Size, 2017 - 2030
- 9.4.8.6 India Business Software and Services Market, by End Use, 2017 - 2030
- 9.4.9 Japan
- 9.4.9.1 Japan Business Software and Services Market, 2017 - 2030
- 9.4.9.2 Japan Business Software and Services Market, by Software, 2017 - 2030
- 9.4.9.3 Japan Business Software and Services Market, by Service, 2017 - 2030
- 9.4.9.4 Japan Business Software and Services Market, by Deployment, 2017 - 2030
- 9.4.9.5 Japan Business Software and Services Market, by Enterprise Size, 2017 - 2030
- 9.4.9.6 Japan Business Software and Services Market, by End Use, 2017 - 2030
- 9.5 Latin America
- 9.5.1 Latin America Business Software and Services Market, 2017 - 2030
- 9.5.2 Latin America Business Software and Services Market, by Software, 2017 - 2030
- 9.5.3 Latin America Business Software and Services Market, by Service, 2017 - 2030
- 9.5.4 Latin America Business Software and Services Market, by Deployment, 2017 - 2030
- 9.5.5 Latin America Business Software and Services Market, by Enterprise Size, 2017 - 2030
- 9.5.6 Latin America Business Software and Services Market, by End Use, 2017 - 2030
- 9.5.7 Brazil
- 9.5.7.1 Brazil Business Software and Services Market, 2017 - 2030
- 9.5.7.2 Brazil Business Software and Services Market, by Software, 2017 - 2030
- 9.5.7.3 Brazil Business Software and Services Market, by Service, 2017 - 2030
- 9.5.7.4 Brazil Business Software and Services Market, by Deployment, 2017 - 2030
- 9.5.7.5 Brazil Business Software and Services Market, by Enterprise Size, 2017 - 2030
- 9.5.7.6 Brazil Business Software and Services Market, by End Use, 2017 - 2030
- 9.6 MEA
- 9.6.1 MEA Business Software and Services Market, 2017 - 2030
- 9.6.2 MEA Business Software and Services Market, by Software, 2017 - 2030
- 9.6.3 MEA Business Software and Services Market, by Service, 2017 - 2030
- 9.6.4 MEA Business Software and Services Market, by Deployment, 2017 - 2030
- 9.6.5 MEA Business Software and Services Market, by Enterprise Size, 2017 - 2030
- 9.6.6 MEA Business Software and Services Market, by End Use, 2017 - 2030
- Chapter 10 Competitive Landscape
- 10.1 Acumatica, Inc.
- 10.1.1 Company Overview
- 10.1.2 Financial Performance
- 10.1.3 Product Benchmarking
- 10.1.4 Strategic Initiatives
- 10.2 Deltek, Inc.
- 10.2.1 Company Overview
- 10.2.2 Financial Performance
- 10.2.3 Product Benchmarking
- 10.2.4 Strategic Initiatives
- 10.3 Epicor Software Corporation
- 10.3.1 Company Overview
- 10.3.2 Financial Performance
- 10.3.3 Product Benchmarking
- 10.3.4 Strategic Initiatives
- 10.4 International Business Machines Corporation
- 10.4.1 Company Overview
- 10.4.2 Financial Performance
- 10.4.3 Product Benchmarking
- 10.4.4 Strategic Initiatives
- 10.5 Infor
- 10.5.1 Company Overview
- 10.5.2 Financial Performance
- 10.5.3 Product Benchmarking
- 10.5.4 Strategic Initiatives
- 10.6 Microsoft Corporation
- 10.6.1 Company Overview
- 10.6.2 Financial Performance
- 10.6.3 Product Benchmarking
- 10.6.4 Strategic Initiatives
- 10.7 NetSuite Inc.
- 10.7.1 Company Overview
- 10.7.2 Product Benchmarking
- 10.7.3 Strategic Initiatives
- 10.8 Oracle Corporation
- 10.8.1 Company Overview
- 10.8.2 Financial Performance
- 10.8.3 Product Benchmarking
- 10.8.4 Strategic Initiatives
- 10.9 SAP SE
- 10.9.1 Company Overview
- 10.9.2 Financial Performance
- 10.9.3 Product Benchmarking
- 10.9.4 Strategic Initiatives
- 10.10 SYSPRO
- 10.10.1 Company Overview
- 10.10.2 Financial Performance
- 10.10.3 Product Benchmarking
- 10.10.4 Strategic Initiatives
- 10.11 TOTVS S.A.
- 10.11.1 Company Overview
- 10.11.2 Financial Performance
- 10.11.3 Product Benchmarking
- 10.12 Unit4
- 10.12.1 Company Overview
- 10.12.2 Financial Performance
- 10.12.3 Product Benchmarking
- 10.12.4 Strategic Initiatives
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