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

Computer & Application Software Market: Industry Trends & Statistics

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

Global Software Industry

In the world software market (part of the information and communication technology industry), 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 (which especially encompasses the video game industry) 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

Collaboration through enterprise social software and rising productivity are two factors fuelling the enterprise social software market growth. The adoption of social software in the workforce and security sector may prove an obstacle to market growth.

The entertainment industry’s adoption of 3D animation is driving the global 3D animation software 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 the Middle East, Asia, and Africa.

In the world telecom billing software market 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, 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.

The global cloud computing market is being driven, in part, by the widespread adoption of smartphones and by de-monetization of software, 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

In the US software market, network and database management are the leading segments, which represents almost 25% of the overall US software market.

In India’s software market, network and database management represent the most profitable market segment at almost $565 million, or a quarter of the total market.

In China’s software market, network and database management represent the leading segment, at almost $3.5 billion, accounting for more than 27% of the overall market.

Read more »

You might be interested in these related markets:

Customer Support

Talk to Sam

+1 646 893 5945

About 1300 reports

Purchase Reports From Reputable Market Research Publishers

Global Recruitment Software Market 2019-2023

Global Recruitment Software Market 2019-2023

  • $ 2500
  • Industry report
  • November 2018

About this marketThe rise in mergers and acquisition is identified as one of the key trends that will gain traction in the recruitment software market for the next four years. The rising demand for recruitment ...

Japan System Software Forecast, 2017-2021

Japan System Software Forecast, 2017-2021

  • $ 4500
  • Industry report
  • September 2017

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: ...

UAV Software Market Forecast 2018-2028

UAV Software Market Forecast 2018-2028

  • $ 3446
  • Industry report
  • July 2018

By Software Application (Control and Data Capture, Image Processing, Analytics), by Software Offering (Desktop Software, App-Based Software), by Platform (Military, Commercial), and by Architecture (Open ...

Personal Finance Software Market

Personal Finance Software Market

  • $ 3840
  • Industry report
  • February 2018

Personal Finance Software MarketPersonal finance software is a tool designed to integrate the financial data of a user and segregate this information to deliver a desired analytical output for improved ...

Software Global Industry Almanac 2013-2022

Software Global Industry Almanac 2013-2022

  • $ 2995
  • Industry report
  • April 2018

Software Global Industry Almanac 2013-2022SummaryGlobal Software industry profile provides top-line qualitative and quantitative summary information including: market size (value 2013-17, and forecast ...

Global SCM Software Market 2018-2022

Global SCM Software Market 2018-2022

  • $ 2500
  • Industry report
  • July 2018

About SCM SoftwareSupply chain management (SCM) software solutions are used to execute supply chain transactions, manage supplier relationships, and control associated business processes.Technavio’s ...

Japan Storage Software Forecast, 2018-2022

Japan Storage Software Forecast, 2018-2022

  • $ 4500
  • Industry report
  • August 2018

This IDC study is a translation of the Japanese document IDC #JPJ42922918. It presents the forecasts on the Japan storage software market revenue from 2018 to 2022 according to segment. For this purpose, ...

Global Childcare Management Software Market 2018-2022

Global Childcare Management Software Market 2018-2022

  • $ 2500
  • Industry report
  • August 2018

About Childcare Management SoftwareChildcare management software is used in childcare centers and preschools to record and track child and family information. This enhances the efficiency and productivity ...

Software Products Global Market Report 2019

Software Products Global Market Report 2019

  • $ 6000
  • Industry report
  • January 2019

Software Products Market Global Report 2019 from The Business Research Company provides the strategists, marketers and senior management with the critical information they need to assess the global software ...

Global Farm Management Software Market 2018-2022

Global Farm Management Software Market 2018-2022

  • $ 2500
  • Industry report
  • December 2018

About this marketUsage of SaaS in precision farming to gain traction in the market. SaaS can be used by farmers on their existing computer with an internet connection to reduce the cost of ownership of ...

1500 Reports
Demand, Company Financials, Company
420 Statistics
Market Size, Finance, Company Financials
3200 Reports
Company Financials, Market Description, Demand
570 Statistics
Finance, Company Financials, Market Size
160 Reports
Demand, Company Financials, Market Size
110 Statistics
Finance, Company Financials, Market Size
230 Reports
Company Financials, Company, Demand
99 Statistics
Finance, Company Financials, Market Size
150 Reports
Demand, Company Financials, Supply
69 Statistics
Finance, Company Financials, Market Size
170 Reports
Trade, Company Financials, Market Size
98 Statistics
Finance, Company Financials, Market Size
180 Reports
Demand, Company Financials, Supply
35 Statistics
Finance, Company Financials, Market Size
74 Reports
Company Financials, Demand, Company
27 Statistics
Finance, Company Financials, Market Size
110 Reports
Market Description, Demand, Company Financials
37 Statistics
Finance, Company Financials, Market Size
100 Reports
Company Financials, Company, Demand
73 Statistics
Finance, Company Financials, Market Size
Search in Software Industry (About 5700 reports)
Parent industry: ICT
Related industries: IT Hardware, IT Services, Data Center, Telecom, Cybersecurity, Cloud Services

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

Make sure you don’t miss any news and follow us on