Graph and download economic data for Business Applications: Utilities in the United States (BABANAICS22SAUS) from Jul 2004 to Feb 2025 about business applications, utilities, business, and USA.

Graph and download economic data for Business Applications with Planned Wages: Utilities in the United States (BAWBANAICS22NSAUS) from Jul 2004 to Feb 2025 about business applications, utilities, business, wages, and USA.

Market Overview:

United States software market size is projected to exhibit a growth rate (CAGR) of 4.36% during 2024-2032. The growing demand in remote healthcare, patient management, and medical data analysis, increasing shift from on-premises software solutions to cloud-based services, and rising popularity of low-code and no-code development platforms represent some of the key factors driving the market.

Software is a collection of instructions, data, or programs used to operate computers and execute specific tasks. It is intangible and created through a process known as software development, which involves stages like planning, design, coding, testing, and maintenance. It can be broadly classified into two types, including system software, which provides the basic functions needed to operate a computer like operating systems device drivers, and application software that enables users to perform specific tasks, such as word processors, games, and business applications. It enhances productivity through the automation of tasks, facilitates analysis and data management, provides entertainment and educational resources, and enables communication and information access on a global scale. It helps businesses to operate and in decision-making processes through data analytics and artificial intelligence (AI). It also assists in organizing and simplifying daily activities, thereby improving quality of life. It operates across various industries, ranging from healthcare and education to finance and entertainment, serving as the backbone of both mundane and complex tasks. It is also used for automating repetitive tasks, such as scripting languages, task automation tools, and workflow automation platforms.

United States Software Market Trends:

At present, the rising digital transformation across various industries to improve efficiency, enhance customer experience, and innovate business processes and models represent one of the key factors impelling the market growth in the United States. Additionally, the increasing incorporation of AI and machine learning (ML) into various software applications, such as data analytics, business intelligence, and customer relationship management (CRM) to gain actionable insights, automate processes, and create more personalized experiences for users is bolstering the market growth in the country. Besides this, the growing shift from on-premises software solutions to cloud-based services like infrastructure as a service (LaaS), platform as a service (PaaS), and software as a service (SaaS) for remote working capabilities, data storage solutions, and scalable infrastructure is offering a favorable market outlook. In addition, the increasing emphasis on user experience (UX) and design in software development is encouraging software companies to create intuitive, user-friendly interfaces. This trend is also driven by the importance of UX as a key differentiator in software adoption and customer satisfaction. Furthermore, the growing popularity of low-code and no-code development platforms for enabling individuals without extensive programming knowledge to create applications is positively influencing the market. Apart from this, the rising demand for software solutions in remote healthcare, patient management, and medical data analysis, driven by the need for more efficient and accessible healthcare services, is strengthening the market growth in the country.

United States Software Market Segmentation:

IMARC Group provides an analysis of the key trends in each segment of the market, along with forecasts at the country level for 2024-2032. Our report has categorized the market based on type, deployment mode, enterprise size, and industry vertical.

Type Insights:

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• Application Software
  • Enterprise Resource Planning (ERP)
  • Customer Relationship Management (CRM)
  • Supply Chain Management (SCM)
  • Enterprise Collaboration Software
  • Enterprise Content Management (ECM) Software
  • Education Software
  • Others
• System Infrastructure Software
  • Network Management Systems (NMS)
  • Storage Software
  • Security Software
• Development and Deployment Software
  • Enterprise Data Management (EDM)
  • Business Analytics and Reporting Tools
  • Application Servers
  • Integration and Orchestration Middleware
  • Data Quality Tools
• Productivity Software
  • Office Software
  • Creative Software
  • Others
    

The report has provided a detailed breakup and analysis of the market based on the type. This includes application software (enterprise resource planning (ERP), customer relationship management (CRM), supply chain management (SCM), enterprise collaboration software, enterprise content management (ECM) software, education software, and others), system infrastructure software (network management systems (NMS), storage software, and security software), development and deployment software (enterprise data management (EDM), business analytics and reporting tools, application servers, integration and orchestration middleware, and data quality tools), and productivity software (office software, creative software, and others).

Deployment Mode Insights:

• On-premises
• Cloud-based
  

A detailed breakup and analysis of the market based on the deployment mode have also been provided in the report. This includes on-premises and cloud-based.

Enterprise Size Insights:

• Small and Medium-sized Enterprises
• Large Enterprises
  

The report has provided a detailed breakup and analysis of the market based on the enterprise size. This includes small and medium-sized enterprises and large enterprises.

Industry Vertical Insights:

• IT and Telecom
• BFSI
• Retail
• Government/Public Sector
• Energy and Utilities
• Healthcare
• Others
  

A detailed breakup and analysis of the market based on the industry vertical have also been provided in the report. This includes IT and telecom, BFSI, retail, government/public sector, energy and utilities, healthcare, and others.

Regional Insights:

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• Northeast
• Midwest
• South
• West
  

The report has also provided a comprehensive analysis of all the major regional markets, which include the Northeast, Midwest, South, and West.

Competitive Landscape:

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Graph and download economic data for High-Propensity Business Applications: Utilities in the United States (BAHBANAICS22NSAUS) from Jul 2004 to Feb 2025 about high-propensity, business applications, utilities, business, and USA.

The size and share of the market is categorized based on Type (Smart Transportation, Smart Building, Smart Public Utilities, Smart Citizen Service, Other) and Application (Residential, Business, Industry, Other) and geographical regions (North America, Europe, Asia-Pacific, South America, and Middle-East and Africa).

Global Mass Notification Systems Market is expanding from US$ 18.86 Billion in 2023 to US$ 118.71 Billion by 2032 with a CAGR of 22.68%.

As of the second quarter of 2024, gaming apps were the most popular category available in the Apple App Store, making up a share of approximately 12 percent of all iOS apps in hosted in the platform. Business apps were the second-most popular category in the Apple App Store with a share of 10.11 percent of active apps being apps in this category. Utilities apps were the third most popular iOS app category, accounting for a total of over 9.73 percent of active apps. iOS apps in the Apple App Store As nowadays it is inconceivable to imagine smartphones without the abundance of mobile applications, the number of available iOS mobile apps distributed via the Apple App Store has consistently grown, reaching the peak of 2.2 million available apps during the first quarter of 2021. As of the beginning of 2022, the highest-ranking mobile apps on the results page of the Apple App Store had an average of 31.7 thousand reviews, and received an average rating of 3.35 stars. Mobile gaming on the Apple App Store Gaming apps are the most popular apps based on availability and often rank as the most downloaded and highest-grossing apps. In 2024, The Honor of Kings was the top grossing gaming app, grossing more than nine million U.S. dollars worldwide. The average price for a gaming app is about 47 cents, while the average app price is just under one U.S. dollar. Common app revenue models include free apps with in-app purchases, paid apps without in-app purchases, and paid apps with in-app purchases. Gaming apps, which frequently generate revenue through in-game item purchases, were the top-grossing category on the Apple App Store, generating almost 52 billion U.S. dollars from global users in 2021.

The PC System Utilities Software market, valued at $641.8 million in 2025, is poised for significant growth driven by the increasing reliance on PCs for both personal and business applications. The market's expansion is fueled by several key factors. Firstly, the growing complexity of operating systems and applications necessitates robust utility software for performance optimization, security enhancement, and data management. Secondly, the rising adoption of cloud-based services indirectly boosts the demand for system utilities that ensure seamless integration and data synchronization. Businesses, in particular, are investing heavily in such software to improve operational efficiency and protect sensitive data. Furthermore, the increasing prevalence of cyber threats and data breaches intensifies the need for comprehensive security utilities, further bolstering market growth. Segmentation reveals strong demand across both business and personal PC applications, with System Utilities, Storage Device Management Utilities, and File Management Utilities being the most prominent categories. Competition is intense, with established players like Norton and AVG competing against agile companies such as Iolo Technologies and Glarysoft, constantly innovating to meet evolving user needs. While the precise CAGR is unavailable, a reasonable estimate, considering market trends and growth in related software segments, would place the annual growth rate between 7-10% over the forecast period (2025-2033). This growth is expected to be driven by factors including increasing adoption of sophisticated features in utilities software that address issues like data recovery, privacy protection and enhanced performance. Regional growth will likely be driven by factors such as digital transformation initiatives in various sectors and increasing internet penetration. North America and Europe are anticipated to hold significant market share, however regions like Asia-Pacific are expected to witness faster growth due to increasing PC adoption and expanding technological infrastructure. However, the market might experience restraints related to the increasing adoption of cloud-based solutions which can incorporate some utility software functionalities, and the growing prevalence of free, open-source alternatives. The need for regular software updates and the potential for compatibility issues with different PC configurations could also present challenges.

A Nearby app used by the general public and other interested parties to locate pending and approved right-of-way permits in their community.

Business Analytics Market was valued at USD 84.42 Billion in 2024 and is projected to reach USD 176.14 Billion by 2031, growing at a CAGR of 9.63% from 2024 to 2031.

Global Business Analytics Market Drivers

The market drivers for the Business Analytics Market can be influenced by various factors. These may include:

Growing Adoption of Big Data Analytics: In order to extract meaningful insights from their data, organizations are progressively using big data analytics in response to the exponential expansion of data. Making educated decisions through data analysis is facilitated by business analytics.
Growing Need for Data-driven Decision Making: In order to obtain a competitive edge, businesses are realizing the significance of data-driven decision making. The methods and instruments for data analysis and significant insights extraction for improved decision-making are offered by business analytics.
Growing Need for Predictive and Prescriptive Analytics: Predictive and prescriptive analytics are becoming more and more in demand as a means of projecting future trends and results. Businesses can use business analytics to prescribe activities to achieve desired outcomes and forecast future outcomes based on previous data.
Growing Emphasis on Customer Analytics: As e-commerce and digital marketing gain traction, companies are putting more of an emphasis on comprehending the behavior and preferences of their customers. In order to increase consumer engagement and personalize marketing efforts, business analytics is used to analyze customer data.
Emergence of Advanced Technologies: The use of advanced analytics solutions is being propelled by developments in fields like artificial intelligence (AI), machine learning (ML), and natural language processing (NLP). Businesses may now analyze data more effectively and gain deeper insights thanks to these technologies.
Operational Efficiency and Cost Optimization Are Necessary: Companies are always under pressure to increase operational efficiency and reduce costs. Business analytics promotes market expansion by assisting in the identification of opportunities for process and cost-cutting enhancements.
Compliance and Regulatory Requirements: The use of business analytics solutions for risk management and compliance reporting is being fueled by the growing regulatory requirements in a number of industries, including healthcare, banking, and retail.

The Utility Software market was valued at USD 4.94 Billion in 2022 and will reach USD 9.1 Billion, with a CAGR of 7.90% from 2023 to 2030. Factors Affecting Utility Software Market Growth

Adoption of smart grid technology in power supplies will expand the growth of the market:

The adoption of smart grid technology in power supplies such as smart meters increase the level of complexity in billing and collection systems, leading many companies around the world to realize the transition to more flexible and scalable utility software. The rapidly changing industrial environment, the convergence of traditional business processes and digital devices and technologies, and the presence of high-end digital consumers make these two processes increasingly complex in the utility industry. The demand for more proprietary products that meet the specific requirements of these end-use areas is growing significantly around the world. Utility software, especially in the developing world, growing improvements are one of the key factors driving the global utility billing software market.

Embracing the Digital Revolution

The Restraining Factor of Utility Software:

High cost of software hampers market growth:

The total cost involved in the implementation of utility software hinders its adoption in several small businesses. The high cost of the software will act as a restraint for the market. Additionally, many developing nations cannot afford this high cost.

Impact of the COVID-19 Pandemic on the Utility Software Market:

The COVID-19 outbreak had a negative impact on the Utility software market. During the COVID-19 outbreak, The whole production process has been halted as the governments of several regions have implemented lockdown conditions to curb the spread of COVID-19. Therefore, it disrupts the market for utility billing software around the world. Introduction of Utility Software

Utility software market that allows the users to know and comprehend the utility services associated with their water, gas, electricity, property, and sanitation. This software system has services offering invoice management, payment processing as well and meter management. For companies to manage client data and their billing operations for services like gas, electricity, water, and sewer or waste management, utility software has been essential. Utility software is used by companies that provide utility services to integrate service orders, meter maintenance history, client management, and billing procedures. This increases productivity and profitability. The market has been driven by the integration of this software on multiple digital platforms such as mobile devices, social media, and websites. The presence of a digitally literate population has boosted the adoption and rise of utility software.

The global Fire Retardant Fabric Market size is expected to grow from USD 4830 million in 2019 to USD 7,070 million by 2026, at a CAGR of 6% from 2021-2026

The Utility Asset Management Market is projected to grow at 10.0% CAGR, reaching $8.15 Billion by 2029. Where is the industry heading next? Get the sample report now!

Micro Electric Automotive (Micro EVs) Latest Research Report. Complete Market Research, Market Analysis, CAGR, Trends, Major Players, Market Share, Market Size.

Explore the Utility Communication Global Market Report 2025 Market trends! Covers key players, growth rate 13.1% CAGR, market size $39.86 Billion, and forecasts to 2033. Get insights now!

The growing demand for cost management software represents a substantial shift in how large and small firms approach financial monitoring and operational effectiveness. In today’s company context, where digital transformation and data-driven decision-making are critical, there is a rising demand for sophisticated cost management solutions. This growing need is being driven by a variety of factors including the complexity of modern business operations, the rising demand for real-time financial analytics, the need for regulatory compliance, the push for sustainability, and the ever-present imperative to improve productivity and cost efficiency by enabling the market to surpass a revenue of USD 7.05 Billion valued in 2023 and reach a valuation of around USD 15.12 Billion by 2031.

The growing demand for expenditure management software is fueled by a number of issues that highlight the limitations of traditional expense management approaches in today’s fast-paced and complicated business environment. The growing reliance on digital solutions is driven by the need for real-time financial information, regulatory compliance, sustainability initiatives, increased productivity, and remote work capabilities. As organizations handle the challenges and opportunities given by today’s economic landscape, expenditure management software will play an increasingly important role in providing effective, accurate, and strategic financial management. This growing demand mirrors a larger trend toward digital transformation emphasizing the crucial relevance of employing modern technology to achieve operational excellence and long-term success by enabling the market to grow at a CAGR of 10.2% from 2024 to 2031.

Expense Management Software Market: Definition/ Overview

Expense management software is a complete application that simplifies and automates the process of managing, tracking, and controlling employee and corporate expenses. This program is vital for organizations of all sizes since it offers a methodical way to managing a wide range of expenses from travel and entertainment to office supplies and utilities. Expense management software provides numerous benefits by integrating with other financial systems and employing sophisticated technology to improve an organization’s efficiency, accuracy, and compliance.

The primary use of expenditure management software is to automate expense reporting. Traditional methods of expense reporting which sometimes include manual entry and paper-based systems are prone to errors and inefficiencies. EMS streamlines the entire process by allowing employees to submit expense reports digitally. This not only decreases the possibility of errors but also speeds up the approval process. Employees may rapidly upload receipts via mobile applications ensuring that all spending are tracked in real time. This leads to speedier reimbursements which increases employee happiness and productivity.

The future of expenditure management software will place a greater emphasis on user experience and customization. As firms acknowledge their employees different needs, expenditure management solutions will include more personalized features and interfaces. Users will be able to personalize their dashboards, generate bespoke reports, and configure notifications and alarms. This customization improves user pleasure and engagement resulting in more accurate and timely expenditure reporting.

The utility asset management (UAM) market generated total revenue of US$ 4.63 billion in 2022. The industry is predicted to grow at a healthy CAGR of 5.8% over the forecast period to attain a market revenue of US$ 8.61 billion by 2033. Growing demand for utility asset management solutions to help boost energy grid efficiency, reliability, and safety is projected to bolster market growth.

(2017 to 2022) Demand Outlook for Utility Asset Management Market Compared to Forecast Period (2023 to 2033)

Scope of Utility Asset Management Market Report

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What is the GIS In Utility Industry Market Size?

The GIS market in the utility industry size is forecast to increase by USD 3.55 billion at a CAGR of 19.8% between 2023 and 2028. Market expansion hinges on various factors, such as the rising adoption of Geographic Information System (GIS) solutions in the utility sector, the convergence of GIS with Building Information Modeling, and the fusion of Augmented Reality with GIS technology. These elements collectively drive market growth, reflecting advancements in spatial data analytics and technological convergence. The increased adoption of GIS solutions in the utility industry underscores the importance of geospatial data in optimizing infrastructure management. Simultaneously, the integration of GIS with BIM signifies the synergy between spatial and building information for enhanced project planning and management. Additionally, the integration of AR with GIS technology highlights the potential for interactive and interactive visualization experiences in spatial data analysis. Thus, the interplay of these factors delineates the landscape for the anticipated expansion of the market catering to GIS and related technologies.

What will be the size of Market during the forecast period?

Request Free GIS In Utility Industry Market Sample

Market Segmentation

The market research report provides comprehensive data (region-wise segment analysis), with forecasts and estimates in 'USD billion' for the period 2025-2029, as well as historical data from 2019 - 2023 for the following segments.

Product

  Software
  Data
  Services


Deployment

  On-premises
  Cloud


Geography

  North America

    Canada
    US


  Europe

    Germany
    France


  APAC

    China
    India
    Japan


  Middle East and Africa



  South America

    Brazil

Which is the largest segment driving market growth?

The software segment is estimated to witness significant growth during the forecast period. In the utility industry, the spatial context of geographic information systems (GIS) plays a pivotal role in site selection, land acquisition, planning, designing, visualizing, building, and project management. Utilities, including electricity, gas, water, and telecommunications providers, leverage GIS software to efficiently manage their assets and infrastructure. This technology enables the collection, management, analysis, and visualization of geospatial data, derived from satellite imaging, aerial photography, remote sensors, and artificial intelligence. Geospatial AI, sensor technology, and digital reality solutions are integral components of GIS, enhancing capabilities for smart city planning, urban planning, water management, mapping systems, grid modernization, transportation, and green buildings.

Get a glance at the market share of various regions. Download the PDF Sample

The software segment was valued at USD 541.50 million in 2018. Moreover, the geospatial industry continues to evolve, with startups and software solutions driving innovation in hardware, smart city planning, land use management, smart infrastructure planning, and smart utilities. GIS solutions facilitate 4D visualization, enabling stakeholders to overcome geospatial data barriers and make informed decisions. The utility industry's reliance on GIS extends to building information modeling, augmented reality, and smart urban planning, ultimately contributing to the growth of the geospatial technology market.

Which region is leading the market?

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North America is estimated to contribute 37% to the growth of the global market during the forecast period. Technavio's analysts have elaborately explained the regional trends and drivers that shape the market during the forecast period.

How do company ranking index and market positioning come to your aid?

Companies are implementing various strategies, such as strategic alliances, partnerships, mergers and acquisitions, geographical expansion, and product/service launches, to enhance their presence in the market.

AABSyS IT Pvt. Ltd. - The company offers GIS solutions such as remote sensing and computer aided design and drafting solutions for electric and gas utility.

Technavio provides the ranking index for the top 20 companies along with insights on the market positioning of:

AABSyS IT Pvt. Ltd.
Autodesk Inc.
Avineon Inc.
Bentley Systems Inc.
Blue Marble Geographics
Cadcorp Ltd.
Caliper Corp.
Environmental Systems Research Institute Inc.
General Electric Co.
Hexagon AB
Mapbox Inc.
Maxar Technologies Inc.
Mobile GIS Services Ltd.
NV5 Global Inc.
Orbital Insight Inc.
Pitney Bowes Inc.
Schneider Electric SE
SuperMap Software Co. Ltd.
Trimble Inc.
VertiGIS Ltd.

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How can Technavio assist you in ma

Coronavirus Business Continuity Solution released.Coronavirus Business Continuity is a collection of maps and apps that can be used by businesses, utilities, and government agencies to maintain business operations and share authoritative information with customers and stakeholders during the coronavirus (COVID-19) pandemic.More information..._Communities around the world are taking strides in mitigating the threat that COVID-19 (coronavirus) poses. Geography and location analysis have a crucial role in better understanding this evolving pandemic.When you need help quickly, Esri can provide data, software, configurable applications, and technical support for your emergency GIS operations. Use GIS to rapidly access and visualize mission-critical information. Get the information you need quickly, in a way that’s easy to understand, to make better decisions during a crisis.Esri’s Disaster Response Program (DRP) assists with disasters worldwide as part of our corporate citizenship. We support response and relief efforts with GIS technology and expertise.More information...

The size and share of the market is categorized based on Type (City Business, Public Utilities, Cultural Tourism Scenic Area) and Application (Government, Enterprise) and geographical regions (North America, Europe, Asia-Pacific, South America, and Middle-East and Africa).