Software product companies develop, market and distribute software products for commercial and personal use. Products are usually sold in the form of licenses to use the software for a specified period or permanently. The license generally entitles the buyer to receive updates of the programs.
The Americas was the largest geographic market in the software products market in 2015, accounting for $xx billion or xx% of the global market. This was mostly due to strong IP protection and wide use of software products such as ERP, CRM and various operating systems (OS). Europe was the second largest geographic market, accounting for $xx billion or xx% of the global market. Asia was the third largest geographic market, accounting for $xx billion or xx% of the global market. The Middle East and Africa accounted for xx% and $xx billion, while Oceania accounted for xx% of the global media market.
Global per capita software products consumption grew from $xx in 2011 to $xx in 2015 at a CAGR of xx%. This was due to increased spending for business related software such as customer relationship management (CRM) ,enterprise resource planning (ERP) from finance ,manufacturing and IT companies and software product license upgrades and renewals from individual customers and commercial establishments. It is expected to grow to $xx in 2019 at a CAGR of xx%.
The number of mergers and acquisitions in the software products industry is increasing. Large companies are acquiring small companies to increase their product and service offerings. High-performance cloud computing businesses and enterprise software vendors are the main acquisition targets for software product companies. For example, IBM Corporation recently acquired SPSS Statistics, Cognos Inc., SoftLayer Technologies Inc. and Varicent Software Inc .
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This IDC study summarizes the results of qualitative and quantitative analyses of the Japan public cloud services market based on information collected by the end of January 2021.The Japan public cloud services market will continue to grow at a high rate, although growth will temporarily slow down because of the COVID-19 pandemic. In addition,...
The first half of 2020 challenged businesses operationally, hindering many digital transformation initiatives and creating urgent business priorities that centered on productivity, efficiency, and the customer experience in the new environment that the COVID-19 pandemic brought about.To meet these goals, businesses are increasingly relying...
599 pages •
By Global Industry Analysts
• Apr 2021
- COVID-19 Helps Video Calls Find a Place in the New Normal. Global Market to Spike by 110.3% in 2020
- The pandemic is helping humans conquer the constraints of space and time in lightning speeds. The global Web & Video Conferencing SaaS market is expected to witness growth spike by 110.3% in the year 2020....
The global Enterprise Asset Management (EAM) market size is expected to grow at a Compound Annual Growth Rate (CAGR) of 8.7% during the forecast period, to reach USD 5.5 billion by 2026 from USD 3.3 billion in 2020. Digital business transformation has entered a more challenging and urgency-driven phase due to the COVID-19 pandemic. Global...
Our global team of analysts and consultants continuously research a wide range of industries across the globe. The primary and secondary analysis spans the entire value chain, identifying organizations that consistently develop new growth strategies based on a visionary understanding of the future and a proven ability to effectively address...
49 pages •
By Euromonitor International
• Apr 2021
The growing reliance on technology has become more apparent during the COVID-19 pandemic as tech is leveraged to reinvent all aspects of commerce. In order to better understand how companies are responding to such shifts, the analyst conducts an annual survey of industry professionals. The Voice of the Industry: Digital Survey asks industry...
Mergers and Acquisition in Tech, Media and Telecom (TMT), 2020 Update - Thematic Research
If you want to understand the themes that drive an industry, simply look at the list of recent mergers and acquisitions (M&A). This report analyzes the disruptive themes that have driven M&A activity...
This IDC study provides the five-year forecast update of the tablet market in 2019-2024. Detailed views of product type, segment, operating system (OS), region, screen size, and connectivity type are provided."The rapidly growing consumer technology adoption and accelerated digital transformation undertaken by businesses have proven to be...
The global data discovery market size to grow from USD 7.0 billion in 2020 to USD 14.4 billion by 2025, at a Compound Annual Growth Rate (CAGR) of 15.6% during the forecast period. Various factors such as the growing need to discover sensitive structured and unstructured data, increasing investments in data privacy with evolving regulations,...
The high-performance computing market is expected to witness a CAGR of 6.13% over the forecast period from 2020 to 2025. Factors, such as increasing investments in the Industrial Internet of Things (IIoT), artificial intelligence (AI), and engineering, which demand electronic design automation (EDA), are likely to drive the market over the...
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