Press release
Analysis on Software Products Market Segmented By Geographic Landscape, Type and Global Forecast 2020-2030
The Business Research Company
The software products market is expected to grow from $934.9 billion in 2019 to $944.2 billion in 2020 at a compound annual growth rate (CAGR) of 1%. The low growth is mainly due to economic slowdown across countries owing to the COVID-19 outbreak and the measures to contain it. The market is then expected to recover and grow at a CAGR of 11% from 2021 and reach $1281.3 billion in 2023.
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The software product market consists of sales of software products by entities companies (organizations, sole traders and partnerships) that develop, market and distribute software products for commercial and personal use. Software products are usually sold in the form of licenses to use the software for a specified period or permanently.
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.
Software Products Market Segmentation: -
By Type
1. Operating Systems & Productivity Software Publishing
2. Database, Storage & Backup Software Publishing
3. Business Analytics & Enterprise Software
4. Video Game Software
5. Design, Editing & Rendering Software
By End-User
1. BFSI
2. Media And Entertainment
3. IT and Telecommunications
4. Energy And Utilities
5. Government And Public Sector
6. Retail And Consumer Goods
7. Manufacturing
8. Others
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Few Points From Table Of Content
1. Executive Summary
2. Report Structure
3. Software Products Market Characteristics
4. Software Products Market Product Analysis
5. Software Products Market Supply Chain
......
20. Software Products Market Competitive Landscape
21. Key Mergers And Acquisitions In The Software Products Market
22. Market Background: Information Technology Market
23. Recommendations
24. Appendix
25. Copyright And Disclaimer
The report covers the trends and market dynamics of the software product market in major countries - Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, and USA. The report also includes consumer surveys and various future opportunities for the market.
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Some of the key players involved in the software product market are Microsoft; HP Inc; Oracle; Dell Technologies; IBM
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The Business Research Company
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About US:
The Business Research Company has published over 1000 industry reports, covering over 2500 market segments and 60 geographies. The reports draw on 150,000 datasets, extensive secondary research, and exclusive insights from interviews with industry leaders. The reports are updated with a detailed analysis of the impact of COVID-19 on various markets after WHO declared COVID-19 as a pandemic.
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