Software in North America
Summary
Software in North America industry profile provides top-line qualitative and quantitative summary information including: market size (value 2018-23, and forecast to 2028). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.
Key Highlights
- The software market encompasses applications used for business operations (e.g., ERP, CRM, etc.), as well as infrastructure software that manages IT systems and operations.
- The North American software market registered revenues of $330.7 billion in 2023, representing a compound annual growth rate (CAGR) of 8.1% between 2018 and 2023.
- The business process applications segment accounted for the market's largest proportion in 2023, with total revenues of $92.1 billion, equivalent to 27.9% of the market's overall value.
- The North American software market is characterized by the presence of the world’s largest software companies in the world, including Microsoft, IBM, and Oracle, which are all based therein the North American region.
- Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the software market in North America
- Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the software market in North America
- Leading company profiles reveal details of key software market players’ global operations and financial performance
- Add weight to presentations and pitches by understanding the future growth prospects of the North America software market with five year forecasts
- What was the size of the North America software market by value in 2023?
- What will be the size of the North America software market in 2028?
- What factors are affecting the strength of competition in the North America software market?
- How has the market performed over the last five years?
- What are the main segments that make up North America's software market?
- 1 Executive Summary
- 1.1. Market value
- 1.2. Market value forecast
- 1.3. Category segmentation
- 1.4. Geography segmentation
- 1.5. Market rivalry
- 1.6. Competitive landscape
- 2 Market Overview
- 2.1. Market definition
- 2.2. Market analysis
- 3 Market Data
- 3.1. Market value
- 4 Market Segmentation
- 4.1. Category segmentation
- 4.2. Geography segmentation
- 5 Market Outlook
- 5.1. Market value forecast
- 6 Five Forces Analysis
- 6.1. Summary
- 6.2. Buyer power
- 6.3. Supplier power
- 6.4. New entrants
- 6.5. Threat of substitutes
- 6.6. Degree of rivalry
- 7 Competitive Landscape
- 7.1. Who are the leading players?
- 7.2. What strategies do the leading players follow?
- 7.3. What are the most recent market developments?
- 8 Company Profiles
- 8.1. Oracle Corporation
- 8.2. Microsoft Corporation
- 8.3. International Business Machines Corporation
- 8.4. Alphabet Inc
- 9 Macroeconomic Indicators
- 9.1. Country data
- 10 Appendix
- 10.1. Methodology
- 10.2. Industry associations
- 10.3. Related MarketLine research
- 10.4. About MarketLine
- List of Tables
- Table 1: North America software market value: $ million, 2018–23
- Table 2: North America software market category segmentation: % share, by value, 2018–2023
- Table 3: North America software market category segmentation: $ million, 2018-2023
- Table 4: North America software market geography segmentation: $ million, 2023
- Table 5: North America software market value forecast: $ million, 2023–28
- Table 6: Oracle Corporation: key facts
- Table 7: Oracle Corporation: Annual Financial Ratios
- Table 8: Oracle Corporation: Key Employees
- Table 9: Oracle Corporation: Key Employees Continued
- Table 10: Microsoft Corporation: key facts
- Table 11: Microsoft Corporation: Annual Financial Ratios
- Table 12: Microsoft Corporation: Key Employees
- Table 13: Microsoft Corporation: Key Employees Continued
- Table 14: International Business Machines Corporation: key facts
- Table 15: International Business Machines Corporation: Annual Financial Ratios
- Table 16: International Business Machines Corporation: Key Employees
- Table 17: International Business Machines Corporation: Key Employees Continued
- Table 18: Alphabet Inc: key facts
- Table 19: Alphabet Inc: Annual Financial Ratios
- Table 20: Alphabet Inc: Key Employees
- Table 21: North America exchange rate, 2019–23
- List of Figures
- Figure 1: North America software market value: $ million, 2018–23
- Figure 2: North America software market category segmentation: $ million, 2018-2023
- Figure 3: North America software market geography segmentation: % share, by value, 2023
- Figure 4: North America software market value forecast: $ million, 2023–28
- Figure 5: Forces driving competition in the software market in North America, 2023
- Figure 6: Drivers of buyer power in the software market in North America, 2023
- Figure 7: Drivers of supplier power in the software market in North America, 2023
- Figure 8: Factors influencing the likelihood of new entrants in the software market in North America, 2023
- Figure 9: Factors influencing the threat of substitutes in the software market in North America, 2023
- Figure 10: Drivers of degree of rivalry in the software market in North America, 2023
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