Global Independent Software Vendors Market 2023-2027
Technavio has been monitoring the independent software vendors market and is forecast to grow by USD 1738.53 bn during 2022-2027, accelerating at a CAGR of 14.01% during the forecast period. Our report on the independent software vendors market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by the increase in the volume of enterprise data, growing digitization, and growing automation of business processes.
Technavio's independent software vendors market is segmented as below:
By Deployment
By Component
By Geographical Landscape
- North America
- Europe
- APAC
- South America
- Middle East and Africa
This study identifies the increasing cloud computing as one of the prime reasons driving the independent software vendor's market growth during the next few years. Also, a surge in low-code or no-code development and rising adoption of IoT boosting market growth will lead to sizable demand in the market.
Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters. Our report on the independent software vendors market covers the following areas:
- Independent software vendors market sizing
- Independent software vendors market forecast
- Independent software vendors market industry analysis
Technavio's robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading independent software vendors market vendors that include Alphabet Inc., American Software Inc., Apple Inc., Autodesk Inc., BMC Software Inc., Cisco Systems Inc., Gamma Technologies LLC, H and W Computer Systems Inc., HP Inc., International Business Machines Corp., Microsoft Corp., Mocana Corp., Nutanix Inc., Odyssey Computing Inc., Open Text Corp., Oracle Corp., RSA Security LLC, SAP SE, ServiceNow Inc., and Vision ID Ltd. Also, the independent software vendors' market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. Technavio's market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.