100+ datasets found
  1. Software Market Size, Share, Growth and Industry Report

    • imarcgroup.com
    pdf,excel,csv,ppt
    Updated Aug 2, 2023
    Share
    FacebookFacebook
    TwitterTwitter
    Email
    Click to copy link
    Link copied
    Close
    Cite
    IMARC Group (2023). Software Market Size, Share, Growth and Industry Report [Dataset]. https://www.imarcgroup.com/software-market
    Explore at:
    pdf,excel,csv,pptAvailable download formats
    Dataset updated
    Aug 2, 2023
    Dataset provided by
    Imarc Group
    Authors
    IMARC Group
    License

    https://www.imarcgroup.com/privacy-policyhttps://www.imarcgroup.com/privacy-policy

    Time period covered
    2024 - 2032
    Area covered
    Global
    Description

    The global software market size reached USD 675.1 Billion in 2024. Looking forward, IMARC Group expects the market to reach USD 1,132.8 Billion by 2033, exhibiting a growth rate (CAGR) of 5.9% during 2025-2033. The increasing shift toward digital transformation, rising adoption of mobile devices and remote work options, escalating demand for customization, and growing security and privacy concerns, are some of the major factors propelling the market growth.

    Report Attribute
    Key Statistics
    Base Year
    2024
    Forecast Years
    2025-2033
    Historical Years
    2019-2024
    Market Size in 2024USD 675.1 Billion
    Market Forecast in 2033USD 1,132.8 Billion
    Market Growth Rate (2025-2033)
    5.9%

    IMARC Group provides an analysis of the key trends in each segment of the global software market report, along with forecasts at the global, regional, and country levels from 2025-2033. Our report has categorized the market based on type, deployment mode, enterprise size, and industry vertical.

  2. m

    Business Software Market Size, Growth, Scope 2025 – 2030

    • mordorintelligence.com
    pdf,excel,csv,ppt
    Updated Jul 7, 2025
    Share
    FacebookFacebook
    TwitterTwitter
    Email
    Click to copy link
    Link copied
    Close
    Cite
    Mordor Intelligence (2025). Business Software Market Size, Growth, Scope 2025 – 2030 [Dataset]. https://www.mordorintelligence.com/industry-reports/global-business-software-market
    Explore at:
    pdf,excel,csv,pptAvailable download formats
    Dataset updated
    Jul 7, 2025
    Dataset authored and provided by
    Mordor Intelligence
    License

    https://www.mordorintelligence.com/privacy-policyhttps://www.mordorintelligence.com/privacy-policy

    Time period covered
    2019 - 2030
    Area covered
    Global
    Description

    Business Software Market is Segmented by Software Type (ERP, CRM, Business Intelligence and Analytics, and More), Deployment (Cloud, On-Premises), End-User Industry (BFSI, Healthcare and Life Sciences, Government and Public Sector, and More), Organization Size (Large Enterprises, Smes), and by Geography. The Market Forecasts are Provided in Terms of Value (USD).

  3. Software Market Size, Share, Trends & Insights Report, 2035

    • rootsanalysis.com
    Updated Aug 22, 2024
    Share
    FacebookFacebook
    TwitterTwitter
    Email
    Click to copy link
    Link copied
    Close
    Cite
    Roots Analysis (2024). Software Market Size, Share, Trends & Insights Report, 2035 [Dataset]. https://www.rootsanalysis.com/software-market
    Explore at:
    Dataset updated
    Aug 22, 2024
    Dataset provided by
    Authors
    Roots Analysis
    License

    https://www.rootsanalysis.com/privacy.htmlhttps://www.rootsanalysis.com/privacy.html

    Time period covered
    2021 - 2031
    Area covered
    Global
    Description

    The software market size is recorded to be USD 718.26 billion in 2024 and is expected to reach USD 2,088.89 billion by 2035, at a CAGR of 10.19%.

  4. Software Market Analysis, Size, and Forecast 2025-2029: North America (US,...

    • technavio.com
    Updated Feb 15, 2025
    Share
    FacebookFacebook
    TwitterTwitter
    Email
    Click to copy link
    Link copied
    Close
    Cite
    Technavio (2025). Software Market Analysis, Size, and Forecast 2025-2029: North America (US, Canada, and Mexico), Europe (France, Germany, Italy, and UK), Middle East and Africa (UAE), APAC (China, India, and Japan), South America (Brazil), and Rest of World (ROW) [Dataset]. https://www.technavio.com/report/software-market-industry-analysis
    Explore at:
    Dataset updated
    Feb 15, 2025
    Dataset provided by
    TechNavio
    Authors
    Technavio
    Time period covered
    2021 - 2025
    Area covered
    Germany, Canada, Mexico, United States, Global
    Description

    Snapshot img

    Software Market Size 2025-2029

    The software market size is forecast to increase by USD 30.7 billion, at a CAGR of 8.2% between 2024 and 2029.

    The market is experiencing significant growth, driven primarily by the increasing volume of enterprise data and the shift towards cloud computing. Businesses are recognizing the value of leveraging data to gain insights and make informed decisions, leading to a surge in demand for software solutions that can manage and analyze large data sets. Additionally, cloud computing is becoming the preferred deployment model for software, as it offers cost savings, flexibility, and scalability. However, the market also faces challenges that require careful navigation. High costs of licensing and support continue to be a significant obstacle for many organizations, particularly smaller businesses and startups. These costs can limit their ability to implement and maintain the software solutions they need to remain competitive. Furthermore, ensuring data security and privacy in a cloud environment is a major concern, as sensitive information is increasingly being stored and processed digitally. Companies must address these challenges effectively to capitalize on the opportunities presented by the market's growth and remain competitive in the evolving software landscape.

    What will be the Size of the Software Market during the forecast period?

    Explore in-depth regional segment analysis with market size data - historical 2019-2023 and forecasts 2025-2029 - in the full report.
    Request Free SampleThe market continues to evolve, with dynamic market activities unfolding across various sectors. Entities such as version control systems, software quality assurance, software licensing, API integration, software maintenance, data warehousing, unit testing, project management, database management, cost optimization, and others, are seamlessly integrated into the software development lifecycle. Cloud computing is transforming the way software is deployed and accessed, while user experience remains a key focus for developers. Agile methodologies and the waterfall methodology coexist, with the former gaining popularity for its flexibility and the latter for its structured approach. Data mining and data analytics are increasingly being used to gain insights from vast amounts of data, while software security and bug tracking are essential components of any development process. Machine learning and artificial intelligence are also making their mark, enhancing software functionality and improving user experience. Proprietary software and open source software each have their unique advantages, with CI/CD and DevOps streamlining the development process. Requirements gathering and user acceptance testing are crucial steps in ensuring software meets user needs, while code review and integration testing help maintain software quality. Technical support and software updates are ongoing requirements, with risk management and cost optimization essential for businesses to effectively manage their software investments. Business intelligence and software architecture are critical for making informed decisions and building scalable systems.

    How is this Software Industry segmented?

    The software industry 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. TypeSubscriptionsIdentity and access managementEndpoint/network/messaging/web securityRisk managementDeploymentCloud-basedOn-premisesSectorLarge enterprisesSmall and medium enterprisesApplicationCRMERPCybersecurityCollaboration ToolsGeographyNorth AmericaUSCanadaMexicoEuropeFranceGermanyItalyUKMiddle East and AfricaUAEAPACChinaIndiaJapanSouth AmericaBrazilRest of World (ROW)

    By Type Insights

    The subscriptions segment is estimated to witness significant growth during the forecast period.In the ever-evolving the market, subscription-based models are gaining significant traction as a key growth driver. This shift is driven by the increasing recognition of the benefits offered by these models, enabling businesses to adapt to their evolving needs. Subscription models provide flexibility, allowing companies to scale their software usage efficiently, adapting to expanding operations or streamlined processes. Additionally, these models promote cost optimization, enabling businesses to spread their software expenses over time, making it a more viable option for organizations of all sizes. The software development lifecycle is undergoing a transformation, with both waterfall and agile methodologies being adopted. Waterfall methodology, with its linear approach, is ideal for projects with well-defined requirements. In contrast, agile methodologies, with their iterative and collaborative nature, are more suitable for projects wit

  5. Revenue of the software industry in the U.S. 2021-2030

    • statista.com
    Updated Jul 8, 2025
    + more versions
    Share
    FacebookFacebook
    TwitterTwitter
    Email
    Click to copy link
    Link copied
    Close
    Cite
    Statista (2025). Revenue of the software industry in the U.S. 2021-2030 [Dataset]. https://www.statista.com/forecasts/963605/software-revenue-in-united-states
    Explore at:
    Dataset updated
    Jul 8, 2025
    Dataset authored and provided by
    Statistahttp://statista.com/
    Area covered
    United States
    Description

    The revenue in the software market in the United States was forecast to continuously increase between 2025 and 2030 by in total **** billion U.S. dollars (+***** percent). After the ninth consecutive increasing year, the revenue is estimated to reach ***** billion U.S. dollars and therefore a new peak in 2030. Notably, the revenue of the software market was continuously increasing over the past years.Find more information concerning Poland and Spain. The Statista Market Insights cover a broad range of additional markets.

  6. m

    Europe Business Software Market Size, Growth & Report Analysis, 2030

    • mordorintelligence.com
    pdf,excel,csv,ppt
    Updated Jun 25, 2025
    Share
    FacebookFacebook
    TwitterTwitter
    Email
    Click to copy link
    Link copied
    Close
    Cite
    Mordor Intelligence (2025). Europe Business Software Market Size, Growth & Report Analysis, 2030 [Dataset]. https://www.mordorintelligence.com/industry-reports/europe-business-software-market
    Explore at:
    pdf,excel,csv,pptAvailable download formats
    Dataset updated
    Jun 25, 2025
    Dataset authored and provided by
    Mordor Intelligence
    License

    https://www.mordorintelligence.com/privacy-policyhttps://www.mordorintelligence.com/privacy-policy

    Time period covered
    2019 - 2030
    Area covered
    Europe
    Description

    Europe Enterprise Software Market Report Segments the Industry Into by Software Type (ERP Software, CRM Software, BI and Analytics Software and More), Deployment (Cloud, On-Premise), End-User Vertical (BFSI, Healthcare, Public & Institutions, and More), Enterprise Size (Large Enterprises, Mid-Sized, Small Businesses) and by Country. The Market Forecasts are Provided in Terms of Value (USD).

  7. The US Software Market Research Report: Forecast (2024-2030)

    • marknteladvisors.com
    Updated Feb 13, 2024
    Share
    FacebookFacebook
    TwitterTwitter
    Email
    Click to copy link
    Link copied
    Close
    Cite
    MarkNtel Advisors (2024). The US Software Market Research Report: Forecast (2024-2030) [Dataset]. https://www.marknteladvisors.com/research-library/us-software-market.html
    Explore at:
    Dataset updated
    Feb 13, 2024
    Dataset provided by
    Authors
    MarkNtel Advisors
    License

    https://www.marknteladvisors.com/privacy-policyhttps://www.marknteladvisors.com/privacy-policy

    Area covered
    Global
    Description

    The US Software Market size is estimated to grow at a CAGR of around 7.17% during the forecast period 2024-30. Microsoft Corporation, Alphabet Inc., Oracle Corporation, McAfee Corporation and others are top companies in the US Software Market.

  8. Software Development Market Size, Share & Growth 2030

    • mordorintelligence.com
    pdf,excel,csv,ppt
    Updated Jun 18, 2025
    Share
    FacebookFacebook
    TwitterTwitter
    Email
    Click to copy link
    Link copied
    Close
    Cite
    Mordor Intelligence (2025). Software Development Market Size, Share & Growth 2030 [Dataset]. https://www.mordorintelligence.com/industry-reports/software-development-market
    Explore at:
    pdf,excel,csv,pptAvailable download formats
    Dataset updated
    Jun 18, 2025
    Dataset authored and provided by
    Mordor Intelligence
    License

    https://www.mordorintelligence.com/privacy-policyhttps://www.mordorintelligence.com/privacy-policy

    Time period covered
    2019 - 2030
    Area covered
    Global
    Description

    The Software Development Market Report Segments the Industry Into by Product Type (Solutions, Services), by Deployment Type (On-Premise, Cloud), by Organization Size (SMEs, Large Enterprise), by End-User (BFSI, Media and Entertainment, Government and Defense, IT and Telecommunication, Healthcare, Manufacturing, Others), and by Geography. The Market Forecasts are Provided in Terms of Value (USD).

  9. India Software Market Size, Share, Growth and Industry Report

    • imarcgroup.com
    pdf,excel,csv,ppt
    Updated Apr 13, 2024
    Share
    FacebookFacebook
    TwitterTwitter
    Email
    Click to copy link
    Link copied
    Close
    Cite
    IMARC Group (2024). India Software Market Size, Share, Growth and Industry Report [Dataset]. https://www.imarcgroup.com/india-software-market
    Explore at:
    pdf,excel,csv,pptAvailable download formats
    Dataset updated
    Apr 13, 2024
    Dataset provided by
    Imarc Group
    Authors
    IMARC Group
    License

    https://www.imarcgroup.com/privacy-policyhttps://www.imarcgroup.com/privacy-policy

    Time period covered
    2024 - 2032
    Area covered
    India, Global
    Description

    India software market size reached USD 21.1 Billion in 2024. Looking forward, IMARC Group expects the market to reach USD 61.5 Billion by 2033, exhibiting a growth rate (CAGR) of 11.7% during 2025-2033. The increasing demand for cloud computing, which offers scalability, flexibility, and cost-effectiveness, thereby allowing businesses to access and deploy software applications without the need for extensive infrastructure, is driving the market.

    Report Attribute
    Key Statistics
    Base Year
    2024
    Forecast Years
    2025-2033
    Historical Years
    2019-2024
    Market Size in 2024USD 21.1 Billion
    Market Forecast in 2033USD 61.5 Billion
    Market Growth Rate 2025-203311.7%

    IMARC Group provides an analysis of the key trends in each segment of the market, along with forecasts at the country level for 2025-2033. Our report has categorized the market based on type, deployment mode, enterprise size, and industry vertical.

  10. c

    software development services market size was USD 402.9 billion in 2022!

    • cognitivemarketresearch.com
    pdf,excel,csv,ppt
    Share
    FacebookFacebook
    TwitterTwitter
    Email
    Click to copy link
    Link copied
    Close
    Cite
    Cognitive Market Research, software development services market size was USD 402.9 billion in 2022! [Dataset]. https://www.cognitivemarketresearch.com/software-development-services-market-report
    Explore at:
    pdf,excel,csv,pptAvailable download formats
    Dataset authored and provided by
    Cognitive Market Research
    License

    https://www.cognitivemarketresearch.com/privacy-policyhttps://www.cognitivemarketresearch.com/privacy-policy

    Time period covered
    2021 - 2033
    Area covered
    Global
    Description

    According to Cognitive Market Research, the global software development services market size was USD 402.9 billion in 2022 and will grow at a compound annual growth rate (CAGR) of 10.50% from 2023 to 2030. Market Dynamics of Software Development Service Market

    Key Drivers of Software Development Service Market

    Rapid Digital Transformation Across Industries
    

    Organizations across sectors—from healthcare and finance to retail and education—are undergoing accelerated digital transformation. This creates strong demand for custom software development to modernize legacy systems, automate workflows, and improve customer engagement. The shift to digital-first operations is making software development services a strategic investment priority for businesses globally.

    Growing Demand for Cloud-Based and SaaS Solutions
    

    The widespread adoption of cloud computing and Software-as-a-Service (SaaS) models is fueling the need for scalable, secure, and flexible software solutions. Businesses are increasingly outsourcing development services to build cloud-native applications and platforms that support remote work, global access, and real-time data processing.

    Rising Adoption of Emerging Technologies
    

    The integration of advanced technologies such as AI/ML, blockchain, IoT, and AR/VR into business applications is driving demand for specialized software development services. Clients are looking for vendors with niche expertise to help them innovate, optimize operations, and enhance user experiences with next-gen tech capabilities.

    Restraints of Software Development Service Market

    Talent Shortage and Rising Labor Costs
    

    There is a global shortage of skilled software developers, especially those with expertise in cutting-edge technologies. This drives up labor costs and limits the ability of service providers to scale quickly. Smaller firms may also struggle to retain talent in the face of intense competition from tech giants and startups.

    Concerns Over Data Security and IP Protection
    

    Outsourcing software development often involves sharing sensitive business data and intellectual property. Concerns over cybersecurity risks, IP theft, and data privacy compliance (e.g., GDPR, CCPA) can deter businesses from fully outsourcing or offshoring development work, especially in highly regulated industries.

    Key Trends of Software Development Service Market

    Rise of Low-Code and No-Code Development Platforms
    

    To accelerate deployment and reduce dependency on scarce technical talent, businesses are increasingly turning to low-code and no-code platforms. This trend is reshaping how software services are delivered, with providers now offering consulting, customization, and integration support for these platforms instead of building from scratch.

    Shift Toward Agile and DevOps Practices
    

    Clients now expect faster delivery cycles and more flexible development models. This is leading to widespread adoption of Agile methodologies and DevOps frameworks, which improve collaboration, automate testing and deployment, and ensure continuous integration and delivery (CI/CD).

    Increasing Demand for Vertical-Specific Software Solutions
    

    There is a growing preference for industry-tailored software, such as fintech platforms, healthtech apps, and edtech tools. Service providers that can offer domain-specific knowledge along with technical expertise are seeing higher demand as businesses seek more targeted and efficient solutions. Introduction of Software Development Services

    Software development services (SDS) encompass a wide array of services that assist businesses in the creation, maintenance, and enhancement of their software applications. These services can be rendered by internal teams. This process involves the development of brand-new software applications from the ground up. Software development services encompass a wide range of offerings provided by vendors in the market. This delivery model involves hosting software and its associated data centrally, allowing clients to access it through a web browser.

    These developments empower businesses to offer better-tailored solutions and services, which, in turn, contribute to the growth of the Software Development Service industry.

    Bentley Systems, Incorporated (Nasdaq: BSY), the company that specializes in software for infrastructure engineering, has recently acquired B...

  11. t

    Database Software Global Market Report 2025

    • thebusinessresearchcompany.com
    pdf,excel,csv,ppt
    Updated Jan 9, 2025
    Share
    FacebookFacebook
    TwitterTwitter
    Email
    Click to copy link
    Link copied
    Close
    Cite
    The Business Research Company (2025). Database Software Global Market Report 2025 [Dataset]. https://www.thebusinessresearchcompany.com/report/database-software-global-market-report
    Explore at:
    pdf,excel,csv,pptAvailable download formats
    Dataset updated
    Jan 9, 2025
    Dataset authored and provided by
    The Business Research Company
    License

    https://www.thebusinessresearchcompany.com/privacy-policyhttps://www.thebusinessresearchcompany.com/privacy-policy

    Description

    Global Database Software market size is expected to reach $311.05 billion by 2029 at 10.7%, segmented as by type, database operation management, database maintenance management

  12. m

    Custom Software Development Market Size & Share Analysis - Industry Research...

    • mordorintelligence.com
    pdf,excel,csv,ppt
    Updated Jul 10, 2025
    Share
    FacebookFacebook
    TwitterTwitter
    Email
    Click to copy link
    Link copied
    Close
    Cite
    Mordor Intelligence (2025). Custom Software Development Market Size & Share Analysis - Industry Research Report - Growth Trends [Dataset]. https://www.mordorintelligence.com/industry-reports/custom-software-development-market
    Explore at:
    pdf,excel,csv,pptAvailable download formats
    Dataset updated
    Jul 10, 2025
    Dataset authored and provided by
    Mordor Intelligence
    License

    https://www.mordorintelligence.com/privacy-policyhttps://www.mordorintelligence.com/privacy-policy

    Time period covered
    2019 - 2030
    Area covered
    Global
    Description

    The Custom Software Development Market is Segmented by Solution (Web-Based Solutions, Mobile Applications and More), by Deployment Model (On-Premise, Cloud-Hosted), by Enterprise Size (Small and Medium Enterprises, Large Enterprises, ) by End-User Vertical (BFSI, Healthcare and Life-Sciences, and More), and by Geography. The Market Forecasts are Provided in Terms of Value (USD).

  13. c

    The global Application Development Software market size is USD 215642.6...

    • cognitivemarketresearch.com
    pdf,excel,csv,ppt
    Share
    FacebookFacebook
    TwitterTwitter
    Email
    Click to copy link
    Link copied
    Close
    Cite
    Cognitive Market Research, The global Application Development Software market size is USD 215642.6 million in 2024. [Dataset]. https://www.cognitivemarketresearch.com/application-development-software-market-report
    Explore at:
    pdf,excel,csv,pptAvailable download formats
    Dataset authored and provided by
    Cognitive Market Research
    License

    https://www.cognitivemarketresearch.com/privacy-policyhttps://www.cognitivemarketresearch.com/privacy-policy

    Time period covered
    2021 - 2033
    Area covered
    Global
    Description

    According to Cognitive Market Research, the global Application Development Software market size will be USD 215642.6 million in 2024. It will expand at a compound annual growth rate (CAGR) of 20.60% from 2024 to 2031.

    North America held the major market share for more than 40% of the global revenue with a market size of USD 862522.64 million in 2024 and will grow at a compound annual growth rate (CAGR) of 18.8% from 2024 to 2031.
    Europe accounted for a market share of over 30% of the global revenue with a market size of USD 64692.78 million.
    Asia Pacific held a market share of around 23% of the global revenue with a market size of USD 49597.80 million in 2024 and will grow at a compound annual growth rate (CAGR) of 22.6% from 2024 to 2031.
    Latin America had a market share of more than 5% of the global revenue with a market size of USD 10782.13 million in 2024 and will grow at a compound annual growth rate (CAGR) of 20.0% from 2024 to 2031.
    Middle East and Africa had a market share of around 2% of the global revenue and was estimated at a market size of USD 4312.85 million in 2024 and will grow at a compound annual growth rate (CAGR) of 20.3% from 2024 to 2031.
    In 2023, the large enterprise sector generated a revenue share
    

    Market Dynamics of Application Development Software Market

    Key Drivers for Application Development Software Market

    The Increase in Demand for Customized Apps and Its Effect on the Application Development Software Market

    The growing need for customized apps is projected to drive the application development software industry. Customized apps include advantages such as adaptability to hybrid contexts, the ability to serve specific and complex demands, ease of integration with platforms, and improved performance. According to a survey conducted by SmarterHQ, a US-based provider of a customer intelligence-driven marketing automation platform, on Data Privacy and Consumer Trust, 72% of consumers say they only engage with personalized messaging, and 80% of frequent shoppers only shop with brands that personalize the online experience.

    Smartphone Adoption Propels Application Development Software Market Growth

    The increased adoption of smartphones is likely to drive future growth in the application development software industry. A smartphone is a handheld electronic device that combines mobile phone capabilities with a wide range of features, functionalities, and applications, such as internet surfing, email, a camera, multimedia playback, and third-party applications. The widespread usage of smartphones has increased demand for mobile applications, as well as the creation of a diverse set of mobile app development tools and frameworks.

    Restraint Factor for the Application Development Software Market

    Security and Compliance Issues

    As the number of apps produced and deployed grows, security and compliance concerns become increasingly important. It can be not easy to ensure application security, secure user data, and comply with requirements such as GDPR or HIPAA. Application development software must include strong security features; failure to do so might result in data breaches or legal ramifications, impeding market growth.

    Impact of Covid-19 on the Application Development Software Market

    The COVID-19 epidemic had a tremendous impact on the application development software market. As organizations increased their digital transformation projects to accommodate remote work and online services, there was an increase in demand for application development tools to support these efforts. This resulted in greater investment in software solutions for developing and improving digital applications. However, supply chain interruptions and economic uncertainty initially hampered market growth. Introduction of the Application Development Software Market

    Application development software refers to a set of processes for designing, creating, installing, using, and supporting computer software. Computer programmers frequently do this. Computer software is distinct from hardware and can be characterized as a set of instructions or orders that direct a computer to do various tasks, such as word processing or web browsing programs. It can be accomplished by major corporations with large teams working on projects or by a single freelance developer. Application development defines the process of creating an application and often adheres to a specified methodology....

  14. The Global Vertical Market Software market size was USD 120.5 billion in...

    • cognitivemarketresearch.com
    pdf,excel,csv,ppt
    Updated Dec 2, 2023
    Share
    FacebookFacebook
    TwitterTwitter
    Email
    Click to copy link
    Link copied
    Close
    Cite
    Cognitive Market Research (2023). The Global Vertical Market Software market size was USD 120.5 billion in 2023! [Dataset]. https://www.cognitivemarketresearch.com/vertical-market-software-market-report
    Explore at:
    pdf,excel,csv,pptAvailable download formats
    Dataset updated
    Dec 2, 2023
    Dataset authored and provided by
    Cognitive Market Research
    License

    https://www.cognitivemarketresearch.com/privacy-policyhttps://www.cognitivemarketresearch.com/privacy-policy

    Time period covered
    2021 - 2033
    Area covered
    Global
    Description

    According to Cognitive Market Research, The Global Vertical Market Software market size is USD 120.5 billion in 2023 and will expand at a compound annual growth rate (CAGR) of 12.30% from 2023 to 2030.

    The demand for vertical market software is rising due to the demand for specialized software solutions that address unique industry requirements is growing as industries increasingly acknowledge their value.
    Demand for large enterprises remains higher in the vertical market software market.
    The BFSI category held the highest vertical market software market revenue share in 2023.
    North American vertical market software will continue to lead, whereas the Asia Pacific vertical market software market will experience the most substantial growth until 2030.
    

    Industry-Specific Customization to Provide Viable Market Output

    The key driver propelling the Vertical Market Software market is the growing demand for industry-specific customization. Businesses are increasingly recognizing the importance of tailored software solutions that address the unique requirements and challenges of their verticals. Whether in healthcare, finance, or manufacturing, organizations seek software that goes beyond generic applications, offering specialized features and functionalities. This customization enhances operational efficiency, compliance adherence, and overall performance, driving the adoption of vertical market software.

    In November 2022, Now Vertical Group Inc. is excited to share news of a recent partnership with Grupo Aeroméxico S.A.B. de C.V., the primary airline of Mexico City. As part of the arrangement, NOW will support Aeroméxico in enhancing its data governance program, helping to outline the direction and strategy necessary for the airline to become a data-driven operator.

    (Source: www.marketscreener.com/quote/stock/NOWVERTICAL-GROUP-INC-124457378/news/Aeromexico-Selects-NowVertical-Group-Inc-as-a-Latin-American-Vertical-Intelligence-Solutions-Partn-42252162/)

    Digital Transformation Imperative to Propel Market Growth
    

    The imperative for digital transformation acts as a significant driver in the Vertical Market Software market. As industries evolve, there is a pressing need to modernize and digitize operations to stay competitive. Vertical market software plays a pivotal role in this transformation by offering solutions that streamline processes, enable data-driven decision-making, and enhance overall business agility. The demand for software that integrates seamlessly into existing workflows and supports advanced analytics and automation is pushing organizations to invest in vertical market solutions as a crucial component of their digital strategy.

    In February 2023, Vertical Insure, an embedded insurance platform for platforms, revealed that it secured an extra $2 million in funding, increasing its total initial funding to $6 million. Groove Capital, Daren Cotter, and other strategic angel investors joined Greenlight Re Innovations in spearheading the additional funding.

    (Source: www.verticalinsure.com/news/vertical-insure-the-embedded-insurance-platform-for-platforms-secures-4m-in-seed-funding-to-simplify-insurance)

    Market Restraints of the Vertical Market Software

    High Initial Costs to Restrict Market Growth
    

    The key restraint is the high initial costs associated with implementing vertical market software. Developing industry-specific solutions that cater to the unique needs of various verticals often requires substantial financial investments in research, development, and customization. Small and medium-sized enterprises, in particular, may find the upfront costs prohibitive, impacting their ability to adopt specialized software solutions. The financial barrier to entry poses a challenge for businesses looking to leverage vertical market software for industry-specific advantages.

    Opportunity for Vertical Market Software Market

    Integration of AI present key market growth opportunity. 
    

    The growth of the vertical market software market has been tremendous and the integration of AI id presenting key market growth opportunity. The AI allows the vertical market software to provide a personalized experience for the user and helps automatize task that frees up time for the user to focus on more important and detail oriented tasks. The software can use AI algorithm and data driven decision making offer predictive insig...

  15. Vertical Market Software Market Insights - Growth & Forecast 2025 to 2035

    • futuremarketinsights.com
    html, pdf
    Updated Jun 20, 2025
    Share
    FacebookFacebook
    TwitterTwitter
    Email
    Click to copy link
    Link copied
    Close
    Cite
    Future Market Insights (2025). Vertical Market Software Market Insights - Growth & Forecast 2025 to 2035 [Dataset]. https://www.futuremarketinsights.com/reports/vertical-market-software-market
    Explore at:
    html, pdfAvailable download formats
    Dataset updated
    Jun 20, 2025
    Dataset authored and provided by
    Future Market Insights
    License

    https://www.futuremarketinsights.com/privacy-policyhttps://www.futuremarketinsights.com/privacy-policy

    Time period covered
    2025 - 2035
    Area covered
    Worldwide
    Description

    The vertical market software market is valued at USD 172.05 billion in 2025 and is slated to reach USD 578.89 billion by 2035, at a CAGR of 12.9%.

    Analyzing Vertical Market Software Market by Top Investment Segments

    Software Type SegmentMarket Share (2025)
    Banking18.2%
    Deployment SegmentCAGR (2025 to 2035)
    Cloud-based Deployment7.9%
    Enterprise Size SegmentMarket Share (2025)
    Large Enterprise58.3%

    Analysis of Top Countries Using Vertical Market Solutions

    CountriesValue CAGR
    Australia16.40%
    China13.40%
    The United States9.70%
    Germany8.30%
    Japan7.60%
  16. T

    A Detailed Analysis of the Life Science Software Market by Healthcare...

    • futuremarketinsights.com
    html, pdf
    Updated Aug 17, 2023
    Share
    FacebookFacebook
    TwitterTwitter
    Email
    Click to copy link
    Link copied
    Close
    Cite
    Future Market Insights (2023). A Detailed Analysis of the Life Science Software Market by Healthcare Institutes, the Biopharmaceutical Industry, and the Medical Devices Industry 2023 to 2033 [Dataset]. https://www.futuremarketinsights.com/reports/life-science-software-market
    Explore at:
    pdf, htmlAvailable download formats
    Dataset updated
    Aug 17, 2023
    Dataset authored and provided by
    Future Market Insights
    License

    https://www.futuremarketinsights.com/privacy-policyhttps://www.futuremarketinsights.com/privacy-policy

    Time period covered
    2023 - 2033
    Area covered
    Worldwide
    Description

    The global life science software market is expected to reach a valuation of US$ 13,736 million in 2023. The key growth factors driving the market are increasing research and development, expanding biotech number and size, and increasing cost efficiencies. The overall sales of life science software are projected to grow at a robust CAGR of 7.5% between 2023 and 2033, totaling around US$ 31,151.8 million by the end of 2033.

    Data PointsKey Statistics
    Life Science Software Market Size (2023)US$ 13,736 million
    Life Science Software Market Revenue Forecast (2033)US$ 31,151.8 million
    Life Science Software Market Growth Rate (2023 to 2033)7.5% CAGR
    North America Market Share40.5%

    Report Scope

    Report AttributeDetails
    Growth RateCAGR of 7.5% from 2023 to 2032
    Expected Market Value (2023)US$ 13,736 million
    Anticipated Forecast Value (2033)US$ 31,151.8 million
    Base Year for Estimation2023
    Historical Data2018 to 2022
    Forecast Period2023 to 2033
    Quantitative UnitsRevenue in US$ million and CAGR from 2023 to 2033
    Report CoverageRevenue Forecast, Volume Forecast, Company Ranking, Competitive Landscape, Growth Factors, Trends and Pricing Analysis
    Segments Covered
    • Application
    • End User
    • Deployment
    • Region
    Regions Covered
    • North America
    • Latin America
    • Europe
    • South Asia
    • East Asia
    • Oceania
    • Middle East & Africa
    Key Countries Profiled
    • United States
    • Canada
    • Mexico
    • Brazil
    • Germany
    • Italy
    • UK
    • Spain
    • France
    • China
    • Japan
    • South Korea
    • India
    • Malaysia
    • Singapore
    • Thailand
    • Australia
    • New Zealand
    • GCC
    • South Africa
    • Israel
    Key Companies Profiled
    • Oracle Corporation
    • Deloitte
    • SAP SE
    • Accelrys Software Inc.
    • Cegedim SA
    • Medidata Solution Inc.
    • Revitas Inc.
    • Veeva Systems Inc.
    • Model N Inc.
    • SAS Institute Inc.
    • PTC Therapeutics Inc.
    • TIBCO Software Inc.
    • Perceptive Informatics Inc.
    CustomizationAvailable Upon Request
  17. Market share in the software industry by main supplier 2019

    • statista.com
    Updated Mar 17, 2022
    Share
    FacebookFacebook
    TwitterTwitter
    Email
    Click to copy link
    Link copied
    Close
    Cite
    Statista (2022). Market share in the software industry by main supplier 2019 [Dataset]. https://www.statista.com/statistics/1055464/worldwide-software-market-share-by-main-supplier/
    Explore at:
    Dataset updated
    Mar 17, 2022
    Dataset authored and provided by
    Statistahttp://statista.com/
    Area covered
    Worldwide
    Description

    In the year to end June 2019, Microsoft is the largest vendor in the software industry: the company's products accounted for around 4.7 percent of the global software industry. Oracle and IBM round out the top three largest software vendors in the world, each of which holding over two percent of the trillion-dollar market.

    Microsoft: a global software giant    

    Founded in 1975 by Bill Gates and Paul Allen, Microsoft has grown into one of the most successful firms in the world. The company’s major business ventures include its Windows operating system, consumer electronics, software packages such as Microsoft Office, and its newer cloud computing offerings. Microsoft achieved its highest revenue in their 2020 financial year - with revenues exceeding 143 billion U.S. dollars. The company has three major business segments: productivity and business processes, intelligence cloud, and personal computing.

    A connected world through software   

    The software industry can be broken down into the following segments: programming services, system services, open source, and software-as-a-service. Software form the basis of many modern devices/services we have come to rely on in our everyday lives - from PCs and smartphones to navigational systems. As more and more devices and appliances become “smart” devices, the software market will only continue to expand and evolve.

  18. t

    Application Development Software Global Market Report 2025

    • thebusinessresearchcompany.com
    pdf,excel,csv,ppt
    Updated Jan 8, 2025
    Share
    FacebookFacebook
    TwitterTwitter
    Email
    Click to copy link
    Link copied
    Close
    Cite
    The Business Research Company (2025). Application Development Software Global Market Report 2025 [Dataset]. https://www.thebusinessresearchcompany.com/report/application-development-software-global-market-report
    Explore at:
    pdf,excel,csv,pptAvailable download formats
    Dataset updated
    Jan 8, 2025
    Dataset authored and provided by
    The Business Research Company
    License

    https://www.thebusinessresearchcompany.com/privacy-policyhttps://www.thebusinessresearchcompany.com/privacy-policy

    Description

    Global Application Development Software market size is expected to reach $1489.07 billion by 2029 at 30.4%, segmented as by type, low code, no code

  19. Software Development in Europe - Market Research Report (2015-2030)

    • ibisworld.com
    Updated May 11, 2025
    + more versions
    Share
    FacebookFacebook
    TwitterTwitter
    Email
    Click to copy link
    Link copied
    Close
    Cite
    IBISWorld (2025). Software Development in Europe - Market Research Report (2015-2030) [Dataset]. https://www.ibisworld.com/europe/industry/software-development/200645/
    Explore at:
    Dataset updated
    May 11, 2025
    Dataset authored and provided by
    IBISWorld
    License

    https://www.ibisworld.com/about/termsofuse/https://www.ibisworld.com/about/termsofuse/

    Time period covered
    2015 - 2030
    Area covered
    Europe
    Description

    European software developers' revenue is forecast to swell at a compound annual rate of 6.9% over the five years through 2025, including a projected growth of 5% in 2025 to reach €490 billion. Software solutions are increasingly integral to modern business operations and European developers have been at the forefront, crafting bespoke applications tailored to sector-specific needs. Fintech companies have supported growth by leveraging sophisticated technologies that ensure their competitive edge and compliance. Technological advances in cloud computing, artificial intelligence (AI) and cybersecurity are reshaping the market, driving adoption among European businesses. Developers have responded to the burgeoning demand for secure Internet of Things (IoT) software, particularly in mobile and embedded systems. Acquisitions like TRASNA's purchase of Workz and IoTerop signal a trend towards comprehensive service offerings. At the same time, the pressing need for enhanced cybersecurity has catalysed revenue growth, driven by escalating cyber threats driving the need for robust security frameworks. Companies like Darktrace have capitalised on this by delivering AI-driven cybersecurity solutions. Developers’ revenue has also been propped up by embracing Software-as-a-Service (SaaS) models, which enable remote, cost-effective access to critical applications in the cloud. Despite revenue growth, profitability has edged downwards due to a surge in the number of software developers intensifying price competition. Revenue is forecast to surge at a compound annual rate of 10.2% over the five years through 2030 to €795.5 billion. The industry is projected to expand as developers focus on harnessing cloud computing, fintech solutions and open banking, driven by the Payment Services Directive 2 (PSD2). While PSD2 initially launched in 2018, European banks, fintechs and third-party providers have varied adoption timelines, meaning integration and compliance projects are still active and will continue over the coming years. Cloud adoption is expected to accelerate, leaving ample room for growth. However, European developers face regulatory challenges, notably the EU's AI Act, which could stymie innovation. Competition will remain fierce, especially in the burgeoning fintech landscape, as demand for solutions in mobile payments, digital banking and blockchain applications ramps up. Despite these obstacles, an emphasis on compliance and education is anticipated to yield positive outcomes. As European businesses invest in IT, developers are well-positioned to seize opportunities arising from digital transformation initiatives while continuing to adapt to technological advances.

  20. c

    Dental Software Market Size, Share, Trends and Forecast Report - 2031

    • consegicbusinessintelligence.com
    pdf,excel,csv,ppt
    Updated Jul 10, 2025
    Share
    FacebookFacebook
    TwitterTwitter
    Email
    Click to copy link
    Link copied
    Close
    Cite
    Consegic Business Intelligence Pvt Ltd (2025). Dental Software Market Size, Share, Trends and Forecast Report - 2031 [Dataset]. https://www.consegicbusinessintelligence.com/dental-software-market
    Explore at:
    pdf,excel,csv,pptAvailable download formats
    Dataset updated
    Jul 10, 2025
    Dataset authored and provided by
    Consegic Business Intelligence Pvt Ltd
    License

    https://www.consegicbusinessintelligence.com/privacy-policyhttps://www.consegicbusinessintelligence.com/privacy-policy

    Area covered
    Global
    Description

    Dental Software Market Size is growing with a CAGR of 10.1% From 2024-2031 - Global Market Size, Share, Growth Analysis By Type, Deployment, End-Use, Region, and Key Players.

Share
FacebookFacebook
TwitterTwitter
Email
Click to copy link
Link copied
Close
Cite
IMARC Group (2023). Software Market Size, Share, Growth and Industry Report [Dataset]. https://www.imarcgroup.com/software-market
Organization logo

Software Market Size, Share, Growth and Industry Report

Explore at:
pdf,excel,csv,pptAvailable download formats
Dataset updated
Aug 2, 2023
Dataset provided by
Imarc Group
Authors
IMARC Group
License

https://www.imarcgroup.com/privacy-policyhttps://www.imarcgroup.com/privacy-policy

Time period covered
2024 - 2032
Area covered
Global
Description

The global software market size reached USD 675.1 Billion in 2024. Looking forward, IMARC Group expects the market to reach USD 1,132.8 Billion by 2033, exhibiting a growth rate (CAGR) of 5.9% during 2025-2033. The increasing shift toward digital transformation, rising adoption of mobile devices and remote work options, escalating demand for customization, and growing security and privacy concerns, are some of the major factors propelling the market growth.

Report Attribute
Key Statistics
Base Year
2024
Forecast Years
2025-2033
Historical Years
2019-2024
Market Size in 2024USD 675.1 Billion
Market Forecast in 2033USD 1,132.8 Billion
Market Growth Rate (2025-2033)
5.9%

IMARC Group provides an analysis of the key trends in each segment of the global software market report, along with forecasts at the global, regional, and country levels from 2025-2033. Our report has categorized the market based on type, deployment mode, enterprise size, and industry vertical.

Search
Clear search
Close search
Google apps
Main menu