1. Market Research
  2. > Software

Computer & Application Software Market: Industry Trends & Statistics

  • Currently 4/5 Stars.
  • 1
  • 2
  • 3
  • 4
  • 5
30 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

+1 646 893 5945

About 1200 reports

Purchase Reports From Reputable Market Research Publishers
(From $ 2420 - $ 7500)

Worldwide Website Software Forecast, 2017-2021

  • $ 4500
  • Industry report
  • May 2017
  • by IDC

This IDC study provides a sizing of the worldwide website software market in 2015 and a five-year forecast through 2021 by geographical region. It includes commentary on the growth of the market and emerging ...

Japan System Software Forecast, 2017-2021

  • $ 4500
  • Industry report
  • September 2017
  • by IDC

This IDC study is a translation of the Japanese document IDC #JPJ41782917 that provides a forecast of the Japan system software market from 2017 to 2021, categorized into the following market subsegments: ...

Software Markets in China

  • $ 4000
  • Industry report
  • April 2017
  • by Asia Market Information & Development Company

China’s demand for Software has grown at a fast pace in the past decade. In the next decade, both production and demand will continue to grow. The Chinese economy maintains a high speed growth which ...

Global Distribution Software Market 2017-2021

  • $ 3500
  • Industry report
  • April 2017
  • by Infiniti Research Limited

About Distribution Software Distribution software provides broad visibility across the entire organization, and delivers unparalleled control in managing thousands of transactions, suppliers, and customers ...

Global Compensation Software Market 2017-2021

  • $ 3500
  • Industry report
  • August 2017
  • by Infiniti Research Limited

About Compensation Software Compensation software automates, organizes, and simplifies complex compensation planning and enables managers to increase accuracy, improve budget allocations, and align compensation ...

Worldwide Software-Defined Storage Controller Software Forecast, 2016-2020

  • $ 4500
  • Industry report
  • December 2016
  • by IDC

This IDC study provides a forecast for the worldwide software-defined storage controller software market."We expect the market will break the $1 billion mark in 2016 and grow at a 40.1% CAGR in 2015-2020," ...

Packaged Software Market - Infrastructure Software Outlook (2017-21)

  • $ 2500
  • Industry report
  • February 2017
  • by ResearchFox Consulting

What is the Market potential for packaged software globally? This report answers the question by making you understand business terminologies like market size, share in each region like North America, ...

Global Procurement Software Market 2017-2021

  • $ 3500
  • Industry report
  • January 2017
  • by Infiniti Research Limited

About Procurement Software Procurement software is a program that allows organizations to automate the process of purchasing resources and managing inventory. The software generates and approves purchase ...

Global Embedded Software Market 2017-2021

  • $ 2500
  • Industry report
  • December 2016
  • by Infiniti Research Limited

ABSTRACT About Embedded Software Embedded software is a computer program or code running on hardware, guiding and controlling the actions of the device. It acts as an interface between underlying hardware ...

Worldwide Storage Software Forecast, 2016-2020

  • $ 4500
  • Industry report
  • June 2016
  • by IDC

This IDC study examines the storage software market for the 2016-2020 period."The 2015 worldwide storage software market experienced its first annual decline in years," said Eric Sheppard, research director, ...

1-10 of about 4400 reports

Global Software Markets

  • August 2017
    36 pages
  • Software  

    Application Sof...  

  • World  

View report >

Software Forecast Statistics in Canada and the US

  • September 2017
    9 pages
  • Canada  

    United States  

    India  

View report >

Software Industry in Europe

  • October 2017
    21 pages
  • Software  

    Operating Syste...  

    Mobile Applicat...  

  • Europe  

    World  

    United States  

View report >

Software Industry in Italy and Asia

  • January 2015
    10 pages
  • Italy  

    Asia  

View report >

The future of the Software Industry in Japan

  • July 2017
    5 pages
  • Software  

  • Japan  

View report >

Application Software Markets in France

  • May 2017
    20 pages
  • Application Sof...  

    Operating Syste...  

  • France  

    Europe  

View report >

Software Industry in Germany

  • March 2017
    11 pages
  • Software  

  • Germany  

View report >

The future of the Software Industry in the UK

  • September 2017
    7 pages
  • United Kingdom  

    Poland  

View report >

Software Industry in Canada and the US

  • September 2017
    20 pages
  • Canada  

    United States  

    North America  

View report >

Software Forecast Statistics in Brazil

  • January 2017
    28 pages
  • Software  

    Data Analytics  

    Big Data  

  • Brazil  

    South America  

View report >


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