Summary
North America Software Market Summary, Competitive Analysis and Forecast, 2017-2026
Summary
Software in North America industry profile provides top-line qualitative and quantitative summary information including: market size (value 2017-21, and forecast to 2026). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.
Key Highlights
- The software market is defined as revenues generated from both: sales of, and subscriptions to, various software packages and offerings. The market includes both signed deals that remain under contract, and the annual revenues associated with new contracts signed, within a particular calendar year. This excludes sales opportunities for third-party services providers.
- The North American software market had total revenues of $195.3 billion in 2021, representing a compound annual growth rate (CAGR) of 5.7% between 2016 and 2021.
- The business process applications segment was the market’s most valuable in 2021, with total revenues of $70.1 billion, equivalent to 35.9% of the market’s overall value.
- The COVID-19 crisis highlighted several examples of processes that can be digitized and virtualized, which increased demand for software products.
Scope
- Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the software market in North America
- Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the software market in North America
- Leading company profiles reveal details of key software market players’ global operations and financial performance
- Add weight to presentations and pitches by understanding the future growth prospects of the North America software market with five year forecasts
Reasons to Buy
- What was the size of the North America software market by value in 2021?
- What will be the size of the North America software market in 2026?
- What factors are affecting the strength of competition in the North America software market?
- How has the market performed over the last five years?
- What are the main segments that make up North America’s software market?
Table of contents
1 Executive Summary
1.1. Market value
1.2. Market value forecast
1.3. Category segmentation
1.4. Geography segmentation
1.5. Market rivalry
1.6. Competitive Landscape
2 Market Overview
2.1. Market definition
2.2. Market analysis
3 Market Data
3.1. Market value
4 Market Segmentation
4.1. Category segmentation
4.2. Geography segmentation
5 Market Outlook
5.1. Market value forecast
6 Five Forces Analysis
6.1. Summary
6.2. Buyer power
6.3. Supplier power
6.4. New entrants
6.5. Threat of substitutes
6.6. Degree of rivalry
7 Competitive Landscape
7.1. Who are the leading players?
7.2. What strategies do leading players follow?
7.3. What are the strengths/weaknesses of leading players?
7.4. Have there been notable products launched in recent years?
7.5. What has been the rationale behind recent M&A activity and strategic partnerships?
8 Company Profiles
8.1. Microsoft Corporation
8.2. International Business Machines Corporation
8.3. Oracle Corporation
8.4. Alphabet Inc
8.5. Open Text Corporation
9 Macroeconomic Indicators
9.1. Country data
10 Appendix
10.1. Methodology
10.2. Industry associations
10.3. Related MarketLine research
10.4. About MarketLine
List of Tables
Table 1: North America software market value: $ billion, 2017-21
Table 2: North America software market category segmentation: $ billion, 2021
Table 3: North America software market geography segmentation: $ billion, 2021
Table 4: North America software market value forecast: $ billion, 2021-26
Table 5: Microsoft Corporation: key facts
Table 6: Microsoft Corporation: Annual Financial Ratios
Table 7: Microsoft Corporation: Key Employees
Table 8: Microsoft Corporation: Key Employees Continued
Table 9: International Business Machines Corporation: key facts
Table 10: International Business Machines Corporation: Annual Financial Ratios
Table 11: International Business Machines Corporation: Key Employees
Table 12: International Business Machines Corporation: Key Employees Continued
Table 13: International Business Machines Corporation: Key Employees Continued
Table 14: Oracle Corporation: key facts
Table 15: Oracle Corporation: Annual Financial Ratios
Table 16: Oracle Corporation: Key Employees
Table 17: Alphabet Inc: key facts
Table 18: Alphabet Inc: Annual Financial Ratios
Table 19: Alphabet Inc: Key Employees
Table 20: Open Text Corporation: key facts
Table 21: Open Text Corporation: Annual Financial Ratios
Table 22: Open Text Corporation: Key Employees
Table 23: Open Text Corporation: Key Employees Continued
Table 24: North America exchange rate, 2017-21
List of Figures
Figure 1: North America software market value: $ billion, 2017-21
Figure 2: North America software market category segmentation: % share, by value, 2021
Figure 3: North America software market geography segmentation: % share, by value, 2021
Figure 4: North America software market value forecast: $ billion, 2021-26
Figure 5: Forces driving competition in the software market in North America, 2021
Figure 6: Drivers of buyer power in the software market in North America, 2021
Figure 7: Drivers of supplier power in the software market in North America, 2021
Figure 8: Factors influencing the likelihood of new entrants in the software market in North America, 2021
Figure 9: Factors influencing the threat of substitutes in the software market in North America, 2021
Figure 10: Drivers of degree of rivalry in the software market in North America, 2021
Companies Mentioned
• Microsoft Corporation
• International Business Machines Corporation
• Oracle Corporation
• Alphabet Inc
• Open Text Corporation
Methodology
Our market research methodology is designed to provide the clients with comprehensive and accurate information
on various
industries and markets. It includes data collection, primary interviews, macro-economic factor analysis,
country-level data
analysis etc.
The data is gathered from a wide range of sources, including industry reports, government statistics, and
company financials.
This data is then analyzed and cross-referenced to ensure its accuracy and reliability. Next, primary
interviews are conducted
with industry experts and key stakeholders to gather their insights and perspectives on the market. This
information is then
combined with the data collected to provide a complete picture of the market. Macro-economic factor analysis
is also carried
out to understand the impact of external factors on the market. Finally, country-level data analysis is
performed to
understand the market dynamics in specific regions and countries.
Reportlinker's market research methodology is designed to provide clients with a clear understanding of the
market, its trends,
and its future potential.
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