Business Software & Services Market by Component (Service, Software), Deployment (On-Cloud, On-Premise), Enterprise Size, End-use - Global Forecast 2023-2030
The Business Software & Services Market is projected to reach USD 1,284.04 billion by 2030 from USD 471.99 billion in 2022, at a CAGR of 13.32% during the forecast period.
Market Segmentation & Coverage:
This research report analyzes various sub-markets, forecasts revenues, and examines emerging trends in each category to provide a comprehensive outlook on the Business Software & Services Market.
- Based on Component, market is studied across Service and Software. The Service is further studied across Consulting, Managed Services, and Support & Maintenance. The Software is further studied across Finance, Human Resource, Sales & Marketing, and Supply Chain. The Software is projected to witness significant market share during forecast period.
- Based on Deployment, market is studied across On-Cloud and On-Premise. The On-Premise is projected to witness significant market share during forecast period.
- Based on Enterprise Size, market is studied across Large Enterprises and Small & Medium Enterprises. The Small & Medium Enterprises is projected to witness significant market share during forecast period.
- Based on End-use, market is studied across Aerospace & Defense, BFSI, Government, Healthcare, IT & Telecom, Manufacturing, Retail, and Transportation. The Manufacturing is projected to witness significant market share during forecast period.
- Based on Region, market is studied across Americas, Asia-Pacific, and Europe, Middle East & Africa. The Americas is further studied across Argentina, Brazil, Canada, Mexico, and United States. The United States is further studied across California, Florida, Illinois, New York, Ohio, Pennsylvania, and Texas. The Asia-Pacific is further studied across Australia, China, India, Indonesia, Japan, Malaysia, Philippines, Singapore, South Korea, Taiwan, Thailand, and Vietnam. The Europe, Middle East & Africa is further studied across Denmark, Egypt, Finland, France, Germany, Israel, Italy, Netherlands, Nigeria, Norway, Poland, Qatar, Russia, Saudi Arabia, South Africa, Spain, Sweden, Switzerland, Turkey, United Arab Emirates, and United Kingdom. The Europe, Middle East & Africa is projected to witness significant market share during forecast period.
The report provides market sizing and forecasts across 7 major currencies - USD, EUR, JPY, GBP, AUD, CAD, and CHF; multiple currency support helps organization leaders to make well-informed decisions. In this report, 2018 to 2021 are considered as historical years, 2022 is base year, 2023 is estimated year, and years from 2024 to 2030 are considered as forecast period.
FPNV Positioning Matrix:
The FPNV Positioning Matrix is an indispensable tool for assessing the Business Software & Services Market. It comprehensively evaluates vendors, analyzing key metrics related to Business Strategy and Product Satisfaction. This enables users to make informed decisions tailored to their specific needs. Through advanced analysis, vendors are categorized into four distinct quadrants, each representing a different level of success: Forefront (F), Pathfinder (P), Niche (N), or Vital (V). Be assured that this insightful framework empowers decision-makers to navigate the market with confidence.
Market Share Analysis:
The Market Share Analysis offers invaluable insights into the vendor landscape Business Software & Services Market. By evaluating their impact on overall revenue, customer base, and other key metrics, we provide companies with a comprehensive understanding of their performance and the competitive environment they confront. This analysis also uncovers the level of competition in terms of market share acquisition, fragmentation, dominance, and industry consolidation during the study period.
Key Company Profiles:
The report delves into recent significant developments in the Business Software & Services Market, highlighting leading vendors and their innovative profiles. These include Acumatica, Inc., Adobe Inc., Altimetrik Corp., Appian, Box, Inc., Epicor Software Corporation, International Business Machines Corporation, Intuit Inc., Jamf, Microsoft Corporation, Nutanix Inc., Oracle Corporation, Qlik Technologies, Inc., Qualtrics LLC, Roper Technologies, Inc., Salesforce, Inc., SAP SE, SAS Institute Inc., Snowflake Inc., Software AG, SPS Commerce, Inc., SYSPRO Proprietary Limited, TATA Consultancy Services Limited, UiPath SRL, Unit4 Group Holding B.V., and VMware Inc..
The report offers valuable insights on the following aspects:
- Market Penetration: It provides comprehensive information about key players' market dynamics and offerings.
- Market Development: In-depth analysis of emerging markets and penetration across mature market segments, highlighting lucrative opportunities.
- Market Diversification: Detailed information about new product launches, untapped geographies, recent developments, and investments.
- Competitive Assessment & Intelligence: Exhaustive assessment of market shares, strategies, products, certifications, regulatory approvals, patent landscape, and manufacturing capabilities of leading players.
- Product Development & Innovation: Intelligent insights on future technologies, R&D activities, and breakthrough product developments.
- What is the market size and forecast for the Business Software & Services Market?
- Which products, segments, applications, and areas hold the highest investment potential in the Business Software & Services Market?
- What is the competitive strategic window for identifying opportunities in the Business Software & Services Market?
- What are the latest technology trends and regulatory frameworks in the Business Software & Services Market?
- What is the market share of the leading vendors in the Business Software & Services Market?
- Which modes and strategic moves are suitable for entering the Business Software & Services Market?
Note: PDF & Excel + Online Access - 1 Year
- 1. Preface
- 1.1. Objectives of the Study
- 1.2. Market Segmentation & Coverage
- 1.3. Years Considered for the Study
- 1.4. Currency & Pricing
- 1.5. Language
- 1.6. Limitations
- 1.7. Assumptions
- 1.8. Stakeholders
- 2. Research Methodology
- 2.1. Define: Research Objective
- 2.2. Determine: Research Design
- 2.3. Prepare: Research Instrument
- 2.4. Collect: Data Source
- 2.5. Analyze: Data Interpretation
- 2.6. Formulate: Data Verification
- 2.7. Publish: Research Report
- 2.8. Repeat: Report Update
- 3. Executive Summary
- 4. Market Overview
- 4.1. Introduction
- 4.2. Business Software & Services Market, by Region
- 5. Market Insights
- 5.1. Market Dynamics
- 5.1.1. Drivers
- 5.1.1.1. Growing volume of enterprise data and increased automation of business processes across industries
- 5.1.1.2. Rapid deployment of enterprise software and services across IT infrastructure
- 5.1.1.3. Government initiatives for digitalization
- 5.1.2. Restraints
- 5.1.2.1. Performance issues and lack of skilled professionals
- 5.1.3. Opportunities
- 5.1.3.1. Rising use of innovative technologies such as blockchain, hybrid architecture, artificial intelligence, and machine learning
- 5.1.3.2. Investments in cloud infrastructure in various industries
- 5.1.4. Challenges
- 5.1.4.1. Data security and privacy issues
- 5.2. Market Segmentation Analysis
- 5.3. Market Trend Analysis
- 5.4. Cumulative Impact of COVID-19
- 5.5. Cumulative Impact of Russia-Ukraine Conflict
- 5.6. Cumulative Impact of High Inflation
- 5.7. Porter’s Five Forces Analysis
- 5.7.1. Threat of New Entrants
- 5.7.2. Threat of Substitutes
- 5.7.3. Bargaining Power of Customers
- 5.7.4. Bargaining Power of Suppliers
- 5.7.5. Industry Rivalry
- 5.8. Value Chain & Critical Path Analysis
- 5.9. Regulatory Framework
- 5.10. Client Customization
- 6. Business Software & Services Market, by Component
- 6.1. Introduction
- 6.2. Service
- 6.3.1. Consulting
- 6.3.2. Managed Services
- 6.3.3. Support & Maintenance
- 6.3. Software
- 6.4.1. Finance
- 6.4.2. Human Resource
- 6.4.3. Sales & Marketing
- 6.4.4. Supply Chain
- 7. Business Software & Services Market, by Deployment
- 7.1. Introduction
- 7.2. On-Cloud
- 7.3. On-Premise
- 8. Business Software & Services Market, by Enterprise Size
- 8.1. Introduction
- 8.2. Large Enterprises
- 8.3. Small & Medium Enterprises
- 9. Business Software & Services Market, by End-use
- 9.1. Introduction
- 9.2. Aerospace & Defense
- 9.3. BFSI
- 9.4. Government
- 9.5. Healthcare
- 9.6. IT & Telecom
- 9.7. Manufacturing
- 9.8. Retail
- 9.9. Transportation
- 10. Americas Business Software & Services Market
- 10.1. Introduction
- 10.2. Argentina
- 10.3. Brazil
- 10.4. Canada
- 10.5. Mexico
- 10.6. United States
- 11. Asia-Pacific Business Software & Services Market
- 11.1. Introduction
- 11.2. Australia
- 11.3. China
- 11.4. India
- 11.5. Indonesia
- 11.6. Japan
- 11.7. Malaysia
- 11.8. Philippines
- 11.9. Singapore
- 11.10. South Korea
- 11.11. Taiwan
- 11.12. Thailand
- 11.13. Vietnam
- 12. Europe, Middle East & Africa Business Software & Services Market
- 12.1. Introduction
- 12.2. Denmark
- 12.3. Egypt
- 12.4. Finland
- 12.5. France
- 12.6. Germany
- 12.7. Israel
- 12.8. Italy
- 12.9. Netherlands
- 12.10. Nigeria
- 12.11. Norway
- 12.12. Poland
- 12.13. Qatar
- 12.14. Russia
- 12.15. Saudi Arabia
- 12.16. South Africa
- 12.17. Spain
- 12.18. Sweden
- 12.19. Switzerland
- 12.20. Turkey
- 12.21. United Arab Emirates
- 12.22. United Kingdom
- 13. Competitive Landscape
- 13.1. FPNV Positioning Matrix
- 13.2. Market Share Analysis, By Key Player
- 13.3. Competitive Scenario Analysis, By Key Player
- 14. Competitive Portfolio
- 14.1. Key Company Profiles
- 14.1.1. Acumatica, Inc.
- 14.1.2. Adobe Inc.
- 14.1.3. Altimetrik Corp.
- 14.1.4. Appian
- 14.1.5. Box, Inc.
- 14.1.6. Epicor Software Corporation
- 14.1.7. International Business Machines Corporation
- 14.1.8. Intuit Inc.
- 14.1.9. Jamf
- 14.1.10. Microsoft Corporation
- 14.1.11. Nutanix Inc.
- 14.1.12. Oracle Corporation
- 14.1.13. Qlik Technologies, Inc.
- 14.1.14. Qualtrics LLC
- 14.1.15. Roper Technologies, Inc.
- 14.1.16. Salesforce, Inc.
- 14.1.17. SAP SE
- 14.1.18. SAS Institute Inc.
- 14.1.19. Snowflake Inc.
- 14.1.20. Software AG
- 14.1.21. SPS Commerce, Inc.
- 14.1.22. SYSPRO Proprietary Limited
- 14.1.23. TATA Consultancy Services Limited
- 14.1.24. UiPath SRL
- 14.1.25. Unit4 Group Holding B.V.
- 14.1.26. VMware Inc.
- 14.2. Key Product Portfolio
- 15. Appendix
- 15.1. Discussion Guide
- 15.2. License & Pricing
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