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Operating Systems and Productivity Software: The State of the Market in 2024
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According to The Business Research Company's, The operating systems market size has grown marginally in recent years. It will grow from $45.8 billion in 2023 to $46.67 billion in 2024 at a compound annual growth rate (CAGR) of 1.9%. The growth in the historic period can be attributed to personal computing, mobile revolution, gaming and entertainment, iot and embedded systems.
The operating systems market size is expected to see steady growth in the next few years. It will grow to $50.69 billion in 2028 at a compound annual growth rate (CAGR) of 2.1%. The growth in the forecast period can be attributed to cloud computing, edge computing, virtualization and containerization, remote work and collaboration. Major trends in the forecast period include cloud integration, macos updates, server and cloud os, iot os, edge computing os.
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Market Drivers and Trends:
The rise in demand for computer systems contributed to the growth of the operating systems market. The surge in demand for computers is generating a higher requirement for operating systems to perform tasks like memory management, file management, process management, handling input and output functions, and to control hardware such as printers and disk drivers. For instance, according to Organization for Economic Co-operation and Development, a US-based intergovernmental organization, the percentage of households with access to computers from home in Mexico increased from 43.76% in 2020 to 44.82% in 2021, in South Korea increased from 71.63% in 2020 to 73.56% in 2021 and in Costa Rica increased from 50.52 in 2020 to 52.83 in 2022. Therefore, the increase in demand for computer systems contributed to growth of the operating systems market.
Major companies operating in the operating systems market are introducing innovative technology in operating systems, such as HarmonyOS 4, to gain a competitive edge in the market. HarmonyOS is a distributed operating system that allows devices to work together seamlessly and efficiently. HarmonyOS is adaptable to various types of hardware and is designed to work across many internet-connected devices, from smartphones to wearables and TVs. For instance, in August 2023, according to CNBC, a US-based news channel, Huawei announced the latest version of its mobile operating system, HarmonyOS 4, and an enhanced A.I. assistant as the embattled giant ramps up efforts to re-establish strength for its smartphone business. HarmonyOS 4, among other features, has a new app controller that provides protection against harmful applications and takes required actions without user attention.
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Major Key Players of the Market:
Microsoft Corporation, Apple Inc., Manjaro GmbH & Co KG, Canonical Ltd., Debian, IBM Corporation, SUSE, Google LLC, Red Hat Inc., Oracle Corporation, Vmware Inc., Citrix Systems Inc., Hewlett Packard Enterprise Co, Dell Technologies Inc., Lenovo Limited, Fujitsu Fujitsu, NEC Corporation, Toshiba Corporation, Samsung Corporation, LG Corporation, Xiaomi Corporation, OnePlus Technology Co Ltd., Oppo, Vivo Communication Technology Co Ltd., Realme, ASUSTeK Computer Inc., Acer Inc., Micro-Star International Co Ltd., Gigabyte Technology, Intel Corporation, Advanced Micro Devices Inc., Nvidia Corporation
Operating Systems & Productivity Software Publishing Market 2024 Key Insights:
• The operating systems market size is expected to see steady growth in the next few years. It will grow to $50.69 billion in 2028 at a compound annual growth rate (CAGR) of 2.1%.
• Rising Demand For Computer Systems Fuels Growth In The Operating Systems Market
• Huawei's Harmonyos 4 Reinvents Operating Systems With Advanced Features
• The Asia-Pacific was the largest region in the operating systems market in 2023
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