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Software in North America

Publisher MarketLine
Published Oct 16, 2025
Length 49 Pages
SKU # MTLN20768506

Description

Software in North America

Summary

Software in North America industry profile provides top-line qualitative and quantitative summary information including: market share, market size (value and volume 2019-24, and forecast to 2029). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.

Key Highlights
  • Software market encompasses applications used for business operations (e.g., ERP, CRM, etc.), as well as infrastructure software that manages IT systems and operations. The market value represents the revenue generated from sales and subscriptions of various software packages and offerings. It includes both signed deals that remain under contract and the annual revenues associated with new contracts signed within a specific calendar year. This excludes sales opportunities for third-party service providers.
  • The North American software market recorded revenues of $400.9 billion in 2024, representing a compound annual growth rate (CAGR) of 8.3% between 2019 and 2024.
  • The business process applications segment accounted for the market's largest proportion in 2024, with total revenues of $105.6 billion, equivalent to 26.3% of the market's overall value.
  • The expansion of North America’s software market is driven by robust government initiatives and rapid digitalization across sectors. Programs such as the US Federal Cloud Computing Strategy (Cloud Smart), Canada’s Digital Charter, and national AI strategies are encouraging organizations to adopt advanced ERP, CRM, and business process applications.
Scope
  • Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the software market in North America
  • Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the software market in North America
  • Leading company profiles reveal details of key software market players’ global operations and financial performance
  • Add weight to presentations and pitches by understanding the future growth prospects of the North America software market with five year forecasts by both value and volume
Reasons to Buy
  • What was the size of the North America software market by value in 2024?
  • What will be the size of the North America software market in 2029?
  • What factors are affecting the strength of competition in the North America software market?
  • How has the market performed over the last five years?
  • Who are the top competitors in North America's software market?

Table of Contents

49 Pages
1 Executive Summary
1.1. Market value
1.2. Market value forecast
1.3. Category segmentation
1.4. Geography segmentation
1.5. Market rivalry
1.6. Competitive landscape
2 Market Overview
2.1. Market definition
2.2. Market analysis
3 Market Data
3.1. Market value
4 Market Segmentation
4.1. Category segmentation
4.2. Geography segmentation
5 Market Outlook
5.1. Market value forecast
6 Five Forces Analysis
6.1. Summary
6.2. Buyer power
6.3. Supplier power
6.4. New entrants
6.5. Threat of substitutes
6.6. Degree of rivalry
7 Competitive Landscape
7.1. Who are the leading players?
7.2. What are the strategies and strengths of leading players?
7.3. What have been the most recent developments in the market?
8 Company Profiles
8.1. Microsoft Corp
8.2. International Business Machines Corp
8.3. Oracle Corp
8.4. Salesforce Inc
9 Macroeconomic Indicators
9.1. Country data
10 Appendix
10.1. Methodology
10.2. Industry associations
10.3. Related MarketLine research
10.4. About MarketLine
List of Tables
Table 1: North America software market value: $ million, 2019-24
Table 2: North America software market category segmentation: % share, by value, 2019-24
Table 3: North America software market category segmentation: $ million, 2019-24
Table 4: North America software market geography segmentation: $ million, 2024
Table 5: North America software market value forecast: $ million, 2024-29
Table 6: Microsoft Corp: Key Facts
Table 7: Microsoft Corp: Annual Financial Ratios
Table 8: Microsoft Corp: Key Employees
Table 9: Microsoft Corp: Key Employees Continued
Table 10: Microsoft Corp: Key Employees Continued
Table 11: International Business Machines Corp: Key Facts
Table 12: International Business Machines Corp: Annual Financial Ratios
Table 13: International Business Machines Corp: Key Employees
Table 14: International Business Machines Corp: Key Employees Continued
Table 15: Oracle Corp: Key Facts
Table 16: Oracle Corp: Annual Financial Ratios
Table 17: Oracle Corp: Key Employees
Table 18: Oracle Corp: Key Employees Continued
Table 19: Salesforce Inc: Key Facts
Table 20: Salesforce Inc: Annual Financial Ratios
Table 21: Salesforce Inc: Key Employees
Table 22: Salesforce Inc: Key Employees Continued
Table 23: North America Exchange Rate, 2019-24
List of Figures
Figure 1: North America software market value: $ million, 2019-24
Figure 2: North America software market category segmentation: $ million, 2019-24
Figure 3: North America software market geography segmentation: % share, by value, 2024
Figure 4: North America software market value forecast: $ million, 2024-29
Figure 5: Forces driving competition in the software market in North America, 2024
Figure 6: Drivers of buyer power in the software market in North America, 2024
Figure 7: Drivers of supplier power in the software market in North America, 2024
Figure 8: Factors influencing the likelihood of new entrants in the software market in North America, 2024
Figure 9: Factors influencing the threat of substitutes in the software market in North America, 2024
Figure 10: Drivers of degree of rivalry in the software market in North America, 2024

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