Global Software & Services industry profile provides top-line qualitative and quantitative summary information including: market size (value 2011-15, and forecast to 2020). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market. Essential resource for top-line data and analysis covering the Global software & services market. Includes market size and segmentation data, textual and graphical analysis of market growth trends, leading companies and macroeconomic information.
The software and services market consists of two separate segments. The software segment includes systems and application software. The IT services segment includes IT outsourcing & processing, IT consulting & support, and cloud computing. Market value figures are assessed at manufacturer selling price (MSP), based on revenues accrued from software sales, licenses and IT services agreements. Any currency conversions used in the creation of this report have been calculated using constant 2014 annual average exchange rates.
The global software & services industry group had total revenues of $1,606.1bn in 2015, representing a compound annual growth rate (CAGR) of 6.6% between 2011 and 2015.
The IT services segment was the industry group's most lucrative in 2015, with total revenues of $935.7bn, equivalent to 58.3% of the industry group's overall value.
China and the US are by far the biggest markets in terms of software segment revenues, together accounting for over two thirds of the segment’s global market value.
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Key Questions Answered
What was the size of the Global software & services market by value in 2015? What will be the size of the Global software & services market in 2020? What factors are affecting the strength of competition in the Global software & services market? How has the market performed over the last five years? What are the main segments that make up the global's software & services market?