1. Market Research
  2. > Software Market Trends
  3. > Business Software

All the information you were looking for to start your analysis of the computer program industry specialized for businesses

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

Global Business Software Industry


The global business software industry covers software programs used to boost and measure productivity within the business sector. The industry encompasses basic software for small businesses (like Microsoft Office and accounting software); software for medium-sized businesses (like those that deal with human resources, client relations, field services, etc.); and more in-depth applications for larger companies (like business process management and enterprise resource planning).


Key Market Segments


The global software-as-a-service (SaaS) market is forecast to record an impressive 41% yearly growth between 2008 and 2015 to exceed $4.3 billion, up from $390 million in 2008. The market is being fuelled by increasing adoption of web-based applications, and relatively low initial implementation costs as companies can opt for on-demand applications instead of purchasing the full application license. Growth is particularly strong throughout Asia Pacific, while Australia & New Zealand (ANZ) together represent the number-one regional market in Asia Pacific. Emerging markets like China and India are forecast to record strong growth over the coming years, followed by Singapore and Hong Kong.


Customer relationship management (CRM), ERP and collaboration represent the most-used applications. Over the coming years, interest is likely to continue rising for applications like e-procurement platforms, e-learning and HRM. Obstacles to market growth include lack of bandwidth and data security.


TechNavio estimates the world enterprise social software industry will record 18% yearly growth between 2010 and 2014. Market growth is being driven by rising productivity and collaboration through the use of enterprise social software.


The world product lifecycle management software (PLM) market is expected to exceed $44 billion by 2017, according to Global Industry Analysts. Market growth is fuelled by greater concern for collaborative product development, faster time-to-market and cost cutting.


The world security software as a service industry is expected to record 28% yearly growth between 2010 and 2014, reports TechNavio. Compliance requirements are a major driver behind this market. Slow security SaaS verticals development may impede market expansion. Key players operating in this market include: Cisco Systems, McAfee, Trend Micro and Symantec.


Global Industry Analysts predicts the global sales force automation software market will surpass $16 billion by 2015. The SFA market is driven by mobile sales force diversification and demand for immediate sale decisions.


The global supplier relationship management software market is expected to record 8% yearly growth between 2010 and 2014, according to TechNavio. Key players operating in this market include: Epicor, Ariba, SAP and Oracle. The market is fuelled by various factors including companies’ eagerness to limit supply chain deficiencies through supplier relationship management software use. Lack of ERP capability solutions and integrated procurement present obstacles to market growth.


Global Industry Analysts estimates the global professional service automation software market will exceed $7.6 billion by 2017. The EU and the US hold the largest share of the world professional service automation software market.



Industry Leaders


Major players operating in the global business software market include: IBM, CA, HP, Apple, Adobe, McAfee, Oracle and EMC.



Market Outlook


The global business software market is set to continue recording strong growth, fuelled by innovation. Expansion will be partly dependent on the ability of policymakers to implement harmonized privacy and data security standards. Business software is vital to production, making intellectual property infringement and illegal software use obstacles to the smooth running of the business world, necessitating policy to limit software piracy. IP protection continues to be of importance to improve technology and encourage innovation. Industry players will likely seek to work in liaison with governments to secure new commercial avenues.



Leading Industry Associations




You might be interested in these related markets


Understand the Business Software Industry Quickly & Get Actionable Data Easily. The Latest Reports with Statistics & Trends from Top Industry Sources
1-10 of about 200 reports

Global Business Software Industry Forecast

  • January 2014
    14 pages
  • Business Intell  

    BI Software  

    BI Tool  

  • World  

View report >

Business Software Industry in the US Forecast

  • January 2014
    12 pages
  • Business Softwa  

  • United States  

View report >

Business Software Industry in Europe Forecast

  • January 2013
    20 pages
  • Europe  


View report >

Business Software Industry in China Forecast

  • January 2014
    25 pages
  • China  



View report >

The future of the Business Software Industry in United Arab Emirates

  • January 2014
    11 pages
  • United Arab Emi  

    Saudi Arabia  


View report >

Cloud Computing Markets Forecast

  • July 2015
    38 pages
  • Cloud Computing  


  • United States  



View report >

Cloud Computing Demand Analysis in Japan Forecast

  • June 2015
    2 pages
  • Cloud Computing  


  • Japan  


View report >

Business Software Industry in India

  • April 2015
    2 pages
  • Business Softwa  

  • India  

View report >

Search in Business Software Industry (About 200 reports)
Topics under Business Software

Parent industry:  Software

Related industries: Open Source, Video Game

92 reports

Purchase Reports From Reputable Market Research Publishers
(From $ 250 - $ 4 650)

Cloud Analytics Market by Type  - Worldwide Forecast and Analysis to 2015 - 2020

Cloud Analytics Market by Type - Worldwide Forecast and Analysis to 2015 - 2020

  • $ 4 650
  • Industry report
  • July 2015
  • by MarketsandMarkets

Today business organizations are operational across various verticals which include Banking, Financial Services, and Insurance (BFSI), retail and consumer goods, telecommunication, health care and life ...

Global Platform As A Service (paas) Industry

June 2015 $ 4 500

Data Warehouse Markets In China

July 2015 $ 4 000

Ict Investment Trends In Australia : Enterprise Ict Spe ...

August 2015 $ 2 995

Ict Investment Trends In The Middle East : Enterprise I ...

August 2015 $ 2 995

Ict Investment Trends In India; Enterprise Ict Spending ...

July 2015 $ 2 995

Ict Investment Trends In Canada; Enterprise Ict Spendin ...

July 2015 $ 2 995

Ict Investment Trends In Spain; Enterprise Ict Spending ...

July 2015 $ 2 995

Ict Investment Trends In Belgium; Enterprise Ict Spendi ...

June 2015 $ 2 995

Ict Investment Trends In Russia; Enterprise Ict Spendin ...

June 2015 $ 2 995

ReportLinker is an award-winning market research solution that finds, filters and organizes the latest industry data so you get all the market research you need - quickly, in one place.