1. Market Research
  2. > Software

Computer & Application Software Market: Industry Trends & Statistics

  • Currently 3/5 Stars.
  • 1
  • 2
  • 3
  • 4
  • 5
29 votes

Global Software Industry

The world software market exceeded $265 billion in 2010, according to MarketLine. Market growth is expected to exceed 6% yearly between 2010 and 2015, bringing the market to almost $357 billion. Home use and general business applications lead the market at almost $64 billion, accounting for around a quarter of the overall market, which encompasses systems and application software. The former includes network and database management, operating systems and other systems software, while the latter involves application software for office and home, and vertical applications.

The software market is extremely globalized, with expansion proving fastest in developing markets. Over the past twenty years there has been extensive consolidation within the software industry. Revenue recognition is a significant challenge for the industry.

Software Key Market Segments

The world enterprise social software industry is expected to record yearly growth of almost 18% between 2010 and 2014, reports TechNavio. Collaboration through enterprise social software and rising productivity are two factors fuelling market growth. The adoption of social software in the workforce and security sector may prove an obstacle to market growth.

TechNavio estimates the world global 3D animation software market will exceed 17% early growth between 2010 and 2014. The entertainment industry’s adoption of 3D animation is driving market expansion. Obstacles to market expansion include a lack of open source software. Key players operating in this market include MAXON Computer, Side Effects Software, Electric Image and Autodesk.

The global content management software market is expected to reach almost $13 billion by 2017, according to Global Industry Analysts. Market growth is driven by the shift towards content digitization and information retention regulations. Enterprise software budgets have expanded due to a trend towards using the web to build client relations and brand awareness. Regions showing the most potential include Middle East, Asia and Africa.

TechNavio forecasts close to 4.5% yearly growth for the world telecom billing software market between 2010 and 2014. Convergent billing demand continues to rise. Incorrect billing is a major driver behind this market. Obstacles to market expansion include frauds and non-performing accounts. Major companies operating in this market include Intec, Convergys, Ericsson, Huawei, Oracle and Oracle.

The global professional service automation software industry is expected to reach almost $8 billion by 2017, reports Global Industry Analysts. The economic recession negatively impacted IT budgets, but the PSA market remains buoyant as companies opt for IT solutions to streamline activity around business development, service delivery and effectively assigning resources. The US and the EU account for the largest share of the global market.

Visiongain estimates the global cloud computing market will reach $83 billion by 2016, from under $31 billion in 2011. The market is being driven, in part, by widespread adoption of smartphones and by de-monetization of softwares, turning into open source projects. Businesses are availing of cloud services in an effort to cut costs, adapt quickly to market trends and step up time-to-market.

Software industry Regional Market Share

The US software market reached almost $101 billion in 2010, reports MarketLine. The market is expected to record almost 5% yearly growth between 2010 and 2015 to reach $126 billion. Network and database management are the leading segment, reaching almost $25 billion in 2010, which represents almost 25% of the overall US software market.

India’s software market reached close to $2.5 billion in 2010, according to MarketLine. The market is expected to record 14% yearly growth between 2010 and 2015 to reach almost $4.5 billion. Network and database management represent the most profitable market segment at almost $565 million, or a quarter of the total market.

MarketLine estimates China’s software market exceeded $12.5 billion in 2010. Market growth is expected to remain around 15% yearly from 2010 to 2015, bringing the market to over $25 billion. Network and database management represent the leading segment, at almost $3.5 billion, accounting for more than 27% of the overall market.

Read more »

Share
24/7 Customer Support

Talk to Sam

001 646 893 5945

1-10 of about 4300 reports

Global Software Industry

  • April 2017
    37 pages
  • Software  

    Open Source  

  • United States  

    World  

    India  

View report >

Software Statistics in the US, Monthly Update

  • June 2017
    6 pages
  • Software  

  • United States  

View report >

Software Industry in Europe - Forecast

  • March 2017
    6 pages
  • Software  

    Application Sof...  

  • Europe  

View report >

Software Industry in Italy and Asia

  • January 2015
    10 pages
  • Italy  

    Asia  

View report >

The future of the Software Industry in Japan

  • June 2017
    5 pages
  • Software  

  • Japan  

View report >

Software Industry in France

  • January 2016
    5 pages
  • Software  

    R-and-D  

  • France  

    Europe  

View report >

Software Industry in Germany

  • March 2017
    11 pages
  • Software  

  • Germany  

View report >

Software Industry in the UK

  • April 2017
    9 pages
  • Software  

  • United Kingdom  

    Europe  

View report >

Software Industry in Canada

  • May 2017
    8 pages
  • Canada  

View report >

Software Markets in Brazil

  • June 2016
    6 pages
  • Software  

  • Brazil  

    South America  

    Mexico  

View report >


About 3000 reports

Purchase Reports From Reputable Market Research Publishers
(From $ 199 - $ 6600)

Worldwide Workstation Forecast, 2017-2021: Can the Total Available Market Increase?

  • $ 6600
  • Industry report
  • April 2017
  • by IDC

This IDC study discusses how we expect to see single-digit growth in the workstation market in 2017. The long-term forecast for the worldwide workstation market is favorable, but overall growth rates will ...

Saas Based Hrm Market, Healthcare, It And Telecom, And ...

May 2017 $ 5795

Digital Signage Software Market By Software Type, Servi ...

June 2017 $ 5650

Video Streaming Software Market By Solution, Service, S ...

June 2017 $ 5650

Visualization And 3d Rendering Software Market By Appli ...

June 2017 $ 5650

Feeding Systems Market By Offering, System Type, Applic ...

June 2017 $ 5650

Application Security Market By Component, Solution, Tes ...

May 2017 $ 5650

Text-to-speech Market By Vertical, And Geography(americ ...

May 2017 $ 5650

Internet Of Things Operating Systems Market By Componen ...

May 2017 $ 5650

Data Fabric Market By Type, Business Applications, Serv ...

May 2017 $ 5650

ReportLinker simplifies how Analysts and Decision Makers get industry data for their business.