North America (NAFTA) Software Market Summary, Competitive Analysis and Forecast, 2017-2026
Summary
The NAFTA Software industry profile provides top-line qualitative and quantitative summary information including: market size (value 2017-21, and forecast to 2026). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.
Key Highlights
- The North American Free Trade Agreement (NAFTA) is a trade agreement between the countries in North America: the US, Canada and Mexico. The software industry within the NAFTA countries had a total market value of $195.3 billion in 2021.The Mexico was the fastest growing country, with a CAGR of 6.4% over the 2017-21 period.
- Within the software industry, the US is the leading country among the NAFTA bloc, with market revenues of $176.8 billion in 2021. This was followed by Canada and Mexico, with a value of $13.1 and $5.4 billion, respectively.
- The US is expected to lead the software industry in the NAFTA bloc, with a value of $245.0 billion in 2026, followed by Canada and Mexico with expected values of $18.4 and $8.4 billion, respectively.
- Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the NAFTA software market
- Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the NAFTA software market
- Leading company profiles reveal details of key software market players’ NAFTA operations and financial performance
- Add weight to presentations and pitches by understanding the future growth prospects of the NAFTA software market with five year forecasts
- Compares data from the US, Canada and Mexico, alongside individual chapters on each country
- What was the size of the NAFTA software market by value in 2021?
- What will be the size of the NAFTA software market in 2026?
- What factors are affecting the strength of competition in the NAFTA software market?
- How has the market performed over the last five years?
- What are the main segments that make up the NAFTA software market?
- 1 Introduction
- 1.1. What is this report about?
- 1.2. Who is the target reader?
- 1.3. How to use this report
- 1.4. Definitions
- 2 NAFTA Software
- 2.1. Industry Outlook
- 3 Software in Canada
- 3.1. Market Overview
- 3.2. Market Data
- 3.3. Market Segmentation
- 3.4. Market outlook
- 3.5. Five forces analysis
- 4 Macroeconomic Indicators
- 4.1. Country data
- 5 Software in Mexico
- 5.1. Market Overview
- 5.2. Market Data
- 5.3. Market Segmentation
- 5.4. Market outlook
- 5.5. Five forces analysis
- 6 Macroeconomic Indicators
- 6.1. Country data
- 7 Software in The United States
- 7.1. Market Overview
- 7.2. Market Data
- 7.3. Market Segmentation
- 7.4. Market outlook
- 7.5. Five forces analysis
- 8 Macroeconomic Indicators
- 8.1. Country data
- 9 Company Profiles
- 9.1. Microsoft Corporation
- 9.2. Open Text Corporation
- 9.3. International Business Machines Corporation
- 9.4. Alphabet Inc
- 9.5. Oracle Corporation
- 10 Appendix
- 10.1. Methodology
- 10.2. About MarketLine
- List of Tables
- Table 1 NAFTA countries software industry, revenue ($bn), 2017-26
- Table 2: NAFTA countries software industry, revenue ($bn), 2017-21
- Table 3: NAFTA countries software industry forecast, revenue ($bn), 2021-26
- Table 4: Canada software market value: $ billion, 2017-21
- Table 5: Canada software market category segmentation: $ billion, 2021
- Table 6: Canada software market geography segmentation: $ billion, 2021
- Table 7: Canada software market value forecast: $ billion, 2021-26
- Table 8: Canada size of population (million), 2017-21
- Table 9: Canada gdp (constant 2005 prices, $ billion), 2017-21
- Table 10: Canada gdp (current prices, $ billion), 2017-21
- Table 11: Canada inflation, 2017-21
- Table 12: Canada consumer price index (absolute), 2017-21
- Table 13: Canada exchange rate, 2017-21
- Table 14: Mexico software market value: $ billion, 2017-21
- Table 15: Mexico software market category segmentation: $ billion, 2021
- Table 16: Mexico software market geography segmentation: $ billion, 2021
- Table 17: Mexico software market value forecast: $ billion, 2021-26
- Table 18: Mexico size of population (million), 2017-21
- Table 19: Mexico gdp (constant 2005 prices, $ billion), 2017-21
- Table 20: Mexico gdp (current prices, $ billion), 2017-21
- Table 21: Mexico inflation, 2017-21
- Table 22: Mexico consumer price index (absolute), 2017-21
- Table 23: Mexico exchange rate, 2017-21
- Table 24: United States software market value: $ billion, 2017-21
- Table 25: United States software market category segmentation: $ billion, 2021
- Table 26: United States software market geography segmentation: $ billion, 2021
- Table 27: United States software market value forecast: $ billion, 2021-26
- Table 28: United States size of population (million), 2017-21
- Table 29: United States gdp (constant 2005 prices, $ billion), 2017-21
- Table 30: United States gdp (current prices, $ billion), 2017-21
- Table 31: United States inflation, 2017-21
- Table 32: United States consumer price index (absolute), 2017-21
- Table 33: United States exchange rate, 2017-21
- Table 34: Microsoft Corporation: key facts
- Table 35: Microsoft Corporation: Annual Financial Ratios
- Table 36: Microsoft Corporation: Key Employees
- Table 37: Microsoft Corporation: Key Employees Continued
- Table 38: Open Text Corporation: key facts
- Table 39: Open Text Corporation: Annual Financial Ratios
- Table 40: Open Text Corporation: Key Employees
- Table 41: Open Text Corporation: Key Employees Continued
- Table 42: International Business Machines Corporation: key facts
- Table 43: International Business Machines Corporation: Annual Financial Ratios
- Table 44: International Business Machines Corporation: Key Employees
- Table 45: International Business Machines Corporation: Key Employees Continued
- Table 46: International Business Machines Corporation: Key Employees Continued
- Table 47: Alphabet Inc: key facts
- Table 48: Alphabet Inc: Annual Financial Ratios
- Table 49: Alphabet Inc: Key Employees
- Table 50: Oracle Corporation: key facts
- Table 51: Oracle Corporation: Annual Financial Ratios
- Table 52: Oracle Corporation: Key Employees
- List of Figures
- Figure 1: NAFTA countries software industry, revenue ($bn), 2017-26
- Figure 2: NAFTA countries software industry, revenue ($bn), 2017-21
- Figure 3: NAFTA countries software industry forecast, revenue ($bn), 2021-26
- Figure 4: Canada software market value: $ billion, 2017-21
- Figure 5: Canada software market category segmentation: % share, by value, 2021
- Figure 6: Canada software market geography segmentation: % share, by value, 2021
- Figure 7: Canada software market value forecast: $ billion, 2021-26
- Figure 8: Forces driving competition in the software market in Canada, 2021
- Figure 9: Drivers of buyer power in the software market in Canada, 2021
- Figure 10: Drivers of supplier power in the software market in Canada, 2021
- Figure 11: Factors influencing the likelihood of new entrants in the software market in Canada, 2021
- Figure 12: Factors influencing the threat of substitutes in the software market in Canada, 2021
- Figure 13: Drivers of degree of rivalry in the software market in Canada, 2021
- Figure 14: Mexico software market value: $ billion, 2017-21
- Figure 15: Mexico software market category segmentation: % share, by value, 2021
- Figure 16: Mexico software market geography segmentation: % share, by value, 2021
- Figure 17: Mexico software market value forecast: $ billion, 2021-26
- Figure 18: Forces driving competition in the software market in Mexico, 2021
- Figure 19: Drivers of buyer power in the software market in Mexico, 2021
- Figure 20: Drivers of supplier power in the software market in Mexico, 2021
- Figure 21: Factors influencing the likelihood of new entrants in the software market in Mexico, 2021
- Figure 22: Factors influencing the threat of substitutes in the software market in Mexico, 2021
- Figure 23: Drivers of degree of rivalry in the software market in Mexico, 2021
- Figure 24: United States software market value: $ billion, 2017-21
- Figure 25: United States software market category segmentation: % share, by value, 2021
- Figure 26: United States software market geography segmentation: % share, by value, 2021
- Figure 27: United States software market value forecast: $ billion, 2021-26
- Figure 28: Forces driving competition in the software market in the United States, 2021
- Figure 29: Drivers of buyer power in the software market in the United States, 2021
- Figure 30: Drivers of supplier power in the software market in the United States, 2021
- Figure 31: Factors influencing the likelihood of new entrants in the software market in the United States, 2021
- Figure 32: Factors influencing the threat of substitutes in the software market in the United States, 2021
- Figure 33: Drivers of degree of rivalry in the software market in the United States, 2021
Research Assistance
Download our eBook: How to Succeed Using Market Research
Learn how to effectively navigate the market research process to help guide your organization on the journey to success.
Download eBook