Forecast: Number of Enterprises in Software Publishing Sector in the UK

In 2023, the number of enterprises in the UK software publishing sector stood at approximately 2.95 thousand. From 2024 to 2028, the sector is forecasted to grow steadily from 2.99 to 3.17 thousand enterprises. This represents a consistent year-on-year growth, with an anticipated CAGR of about 1.4% over these forecasted years, indicating stable sector expansion.

Future trends to watch for in the UK software publishing sector include:

  • The increasing influence of artificial intelligence and machine learning tools on software development processes.
  • Rising demand for cloud-based solutions and services.
  • The impact of regulatory changes, especially around data protection and digital services.
  • Potential market consolidation as larger enterprises acquire emerging players for technological advancements.

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