Global Cloud Based Office Productivity Software Industry

Global Cloud Based Office Productivity Software Industry

  • September 2020 •
  • 132 pages •
  • Report ID: 5961448 •
  • Format: PDF
Global Cloud Based Office Productivity Software Market to Reach US$37.8 Billion by the Year 2027

Amid the COVID-19 crisis, the global market for Cloud Based Office Productivity Software estimated at US$10 Billion in the year 2020, is projected to reach a revised size of US$37.8 Billion by 2027, growing at a CAGR of 20.9% over the period 2020-2027.

The U.S. Accounts for Over 28.8% of Global Market Size in 2020, While China is Forecast to Grow at a 26.5% CAGR for the Period of 2020-2027

The Cloud Based Office Productivity Software market in the U.S. is estimated at US$2.9 Billion in the year 2020. The country currently accounts for a 28.77% share in the global market. China, the world second largest economy, is forecast to reach an estimated market size of US$7.8 Billion in the year 2027 trailing a CAGR of 26.5% through 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 16.6% and 19.4% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 18.2% CAGR while Rest of European market (as defined in the study) will reach US$7.8 Billion by the year 2027.We bring years of research experience to this 16th edition of our report. The 132-page report presents concise insights into how the pandemic has impacted production and the buy side for 2020 and 2021. A short-term phased recovery by key geography is also addressed.

Competitors identified in this market include, among others,
  • Adobe Inc.
  • Amazon.com, Inc.
  • Apple Inc.
  • Google Inc.
  • Hancom Inc.
  • Hewlett Packard
  • HyperOffice
  • IBM Corp.
  • Microsoft Corp.
  • Zoho Corporation Pvt. Ltd.