Press release
Primary Catalyst Driving Independent Software Vendors Market Evolution in 2025: Growing Demand For Cloud-Based Solutions Drives Expansion In The Independent Software Vendor (ISV) Market Driver
Independent Software Vendors Market Size
The market size for independent software vendors has seen a swift expansion in the recent past. The projected growth is from $3.09 billion in 2024 to $3.61 billion in 2025, indicating a compound annual growth rate (CAGR) of 16.7%. This increase during the historical period can be credited to the rising adoption rate of cloud solutions, greater integration of digital solutions, escalating product demand from emerging nations, growing requirement for multi-cloud and hybrid cloud, and a surge in the volume of independent software vendor products.
The market size of independent software vendors is projected to experience substantial growth in the forthcoming years, expanding to $6.59 billion by 2029 with a compound annual growth rate (CAGR) of 16.3%. The anticipated growth during this forecast period is mainly due to the increased adoption of Software as a Service (SaaS), growth in global IT expenditure, regulatory compliance needs, high demand for customized solutions, and the ongoing integration of digital solutions. Additionally, notable trends predicted for this period include innovations in smart software platforms, the creation of software for Internet of Things (IoT) devices, technological advancements, the integration of artificial intelligence, and the incorporation of machine learning (ML).
What Is Stimulating Growth in the Independent Software Vendors Market?
The increase in the need for cloud-based solutions is anticipated to drive the expansion of the independent software vendor market in the near future. These cloud-based solutions encompass various services, applications, or resources that are delivered and operated online. This surge in demand arises from the necessity for security and compliance, remote application accessibility, high redundancy, and resilience infrastructure, alongside prioritized security measures and compliance. Compared to on-premise systems, cloud-based solutions provide better scalability and adaptability. Independent software vendors are capitalizing on this by designing software that can instantly expand based on customer requirements, whether that's in terms of data storage, computational strength, or user capability. As an example, data from Eurostat, the Luxembourg-based statistical agency of the European Union, reveals that approximately 45.2% of the EU enterprises made use of cloud computing services in 2023 primarily for email hosting, data storage, and diverse operational assignments. This reflects a significant growth of 4.2 percentage points from 2021. Further data from 2023 indicates that the most commonly purchased cloud computing services were email services (82.7%), followed by file storage services (68.0%), and office software (66.3%). As a result, the increasing demand for cloud-based solutions fuels the growth of the independent software vendor market.
Get Your Free Sample Now - Explore Exclusive Market Insights:
https://www.thebusinessresearchcompany.com/sample.aspx?id=20841&type=smp
Which Key Market Leaders Are Driving Independent Software Vendors Industry Growth?
Major companies operating in the independent software vendors market are Alphabet Inc., Microsoft Corporation, IBM Corporation, Cisco Systems Inc., Oracle Corporation, SAP SE, Hewlett Packard Enterprise Development LP, Salesforce.com Inc., Adobe Inc., ADP LLC, VMware Inc., Intuit Inc., Wipro Limited, ServiceNow Inc., Autodesk Inc., Twilio Inc., DocuSign Inc., Allscripts Healthcare Solutions Inc., CrowdStrike Holdings Inc., Virtusa Corporation, Magic Software Enterprises, ASG Technologies, Kellton Tech
Which Key Developments Are Influencing the Independent Software Vendors Market?
Prominent organizations in the independent software vendors market are committed to providing improved services such as Independent Software Vendors (ISV) as a service, designed to augment Software-as-a-Service (SaaS) opportunities and business acceleration. The concept of ISVs as a Service relates to a model whereby ISVs deliver software products and corresponding services using a service-based model, typically powered by cloud technology. As an illustration, TD SYNNEX, a software publishing company based in the US, launched the Independent Software Vendor (ISV) experience in July 2022. This innovative service aims to speed up SaaS opportunities within the channel by harnessing the TD SYNNEX partner ecosystem to energize IT operations, automate intricate processes, and introduce new features that stimulate sales, enhance go-to-market practices, and achieve favorable business results. The offering incorporates streamlined billing and provisioning via cloud marketplaces, support for multi-cloud billing and pricing models, access to a broad ecosystem of IT solutions providers, quick solution deployment using next-gen technologies, professional services requiring minimal investment, on-demand marketing initiatives, and tailor-made assistance from technology specialists. These upgrades assist ISVs in constructing effective channel strategies and catalyzing business growth.
What Are the Main Segments in the Independent Software Vendors Market?
The independent software vendors market covered in this report is segmented -
1) By Type: Cloud; On-Premise
2) By Enterprises Size: Small And Medium-Sized Enterprises (SMEs); Large Enterprises
3) By End-User Industry: Healthcare; Financial Services; Manufacturing; Retail; Information Technology; Government; Education; Other End-User Industry
Subsegments:
1) By Cloud: Software as a Service (SaaS); Platform as a Service (PaaS); Infrastructure as a Service (IaaS); Cloud-Based Enterprise Resource Planning (ERP) Software; Cloud-Based Customer Relationship Management (CRM) Software; Cloud-Based Data Analytics & Business Intelligence Tools
2) By On-Premise: On-Premise Enterprise Resource Planning (ERP) Software; On-Premise Customer Relationship Management (CRM) Software; On-Premise Database Management Software; On-Premise Security Software; On-Premise Business Intelligence & Analytics Tools; On-Premise Human Resource Management Systems (HRMS)
Pre-Book Your Report Now For A Swift Delivery:
https://www.thebusinessresearchcompany.com/report/independent-software-vendors-global-market-report
Which Geographic Area Leads the Independent Software Vendors Market?
North America was the largest region in the independent software vendors market in 2024. Asia-Pacific is expected to be the fastest-growing region in the market going forward. The regions covered in the independent software vendors market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
What Is Covered In The Independent Software Vendors Global Market Report?
- Market Size Analysis: Analyze the independent software vendors Market size by key regions, countries, product types, and applications.
- Market Segmentation Analysis: Identify various subsegments within the independent software vendors Market for effective categorization.
- Key Player Focus: Focus on key players to define their market value, share, and competitive landscape.
- Growth Trends Analysis: Examine individual growth trends and prospects in the market.
- Market Contribution: Evaluate contributions of different segments to the overall independent software vendors market growth.
- Growth Drivers: Detail key factors influencing market growth, including opportunities and drivers.
- Industry Challenges: Analyze challenges and risks affecting the independent software vendors market.
- Competitive Developments: Analyze competitive developments, such as expansions, agreements, and new product launches in the market.
Unlock Exclusive Market Insights - Purchase Your Research Report Now!
https://www.thebusinessresearchcompany.com/purchaseoptions.aspx?id=20841
"
Contact Us:
The Business Research Company
Europe: +44 207 1930 708
Asia: +91 88972 63534
Americas: +1 315 623 0293
Email: info@tbrc.info
Follow Us On:
•LinkedIn: https://in.linkedin.com/company/the-business-research-company
•Twitter: https://twitter.com/tbrc_info
•YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ
About The Business Research Company
With over 15000+ reports from 27 industries covering 60+ geographies, The Business Research Company has built a reputation for offering comprehensive, data-rich research and insights. Armed with 1,500,000 datasets, the optimistic contribution of in-depth secondary research, and unique insights from industry leaders, you can get the information you need to stay ahead.
Our flagship product, the Global Market Model, is a premier market intelligence platform delivering comprehensive and updated forecasts to support informed decision-making.
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Primary Catalyst Driving Independent Software Vendors Market Evolution in 2025: Growing Demand For Cloud-Based Solutions Drives Expansion In The Independent Software Vendor (ISV) Market Driver here
News-ID: 3875643 • Views: …
More Releases from The Business Research Company
Company Registration Service Market Landscape 2025: Forecast Data and Growth Str …
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.
What Is the Expected CAGR for the Company Registration Service Market Through 2025?
The market size for company registration services has seen robust growth in the recent past. The market is projected to expand from $10.67 billion in 2024 to $11.55 billion in 2025, exhibiting a compound annual growth…
Comprehensive 2025 Commercial Toilet Partition Market Overview: Trends, Forecast …
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.
What Is the Expected CAGR for the Commercial Toilet Partition Market Through 2025?
In recent years, the market size for commercial toilet partitions has significantly expanded. The forecast predicts a rise from $1.82 billion in 2024 to $1.95 billion in 2025, with a compound annual growth rate (CAGR) of…
Key Trends Influencing the Growth of the Commercial Insurance For Small And Medi …
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.
What Is the Expected CAGR for the Commercial Insurance For Small And Medium-Sized Enterprises (SMEs) Market Through 2025?
The market size of commercial insurance for small and medium-sized enterprises (SMEs) has seen substantial growth over the recent years. A rise from $111.83 billion in 2024 to $119.76 billion in…
Growing Focus On Reducing Greenhouse Gas Emissions Driving The Market Growth Due …
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.
What Is the Expected CAGR for the Combustion Emissions Analyzer Market Through 2025?
In the past few years, the market size for combustion emissions analyzer has seen robust growth. It is projected to increase from $1.02 billion in 2024 to $1.09 billion in 2025, with a compound annual growth…
More Releases for Software
Takeoff Software Market May See a Big Move | Sage Software, Bluebeam Software, Q …
Latest Study on Industrial Growth of Takeoff Software Market 2023-2028. A detailed study accumulated to offer Latest insights about acute features of the Takeoff Software market. The report contains different market predictions related to revenue size, production, CAGR, Consumption, gross margin, price, and other substantial factors. While emphasizing the key driving and restraining forces for this market, the report also offers a complete study of the future trends and developments…
Robot Software Market Analysis by Software Types: Recognition Software, Simulati …
The Insight Partners provides you global research analysis on “Robot Software Market” and forecast to 2028. The research report provides deep insights into the global market revenue, parent market trends, macro-economic indicators, and governing factors, along with market attractiveness per market segment. The report provides an overview of the growth rate of the Robot Software market during the forecast period, i.e., 2021–2028.
Download Sample Pages of this research study at: https://www.theinsightpartners.com/sample/TIPRE00007689/?utm_source=OpenPR&utm_medium=10452…
HR Software Market Analysis by Top Key Players Zenefits Software, Kronos Softwar …
HR software automates how companies conduct business with relation to employee management, training and e-learning, performance management, and recruiting and on-boarding. HR professionals benefit from HR software systems by providing a more structured and process oriented approach to completing administrative tasks in a repeatable and scalable manner. Every employee that is added to an organization requires management of information, analysis of data, and ongoing updates as progression throughout the company…
HR Software Market by Top Manufacturers – Zenefits Software, Kronos Software, …
Global HR Software market could be classified into different regions and countries for a clear understanding of business prospects available across the globe. This intelligence research study presents a wide-ranging study of the global market by evaluating the growth drivers and detaining factors at length. This detailed study of significant factors supports the market participants in understanding the issues they will be facing while operative in this market over a…
HR Software Market by Top Manufacturers – Zenefits Software, Kronos Software, …
Global HR Software market could be classified into different regions and countries for a clear understanding of business prospects available across the globe. This intelligence research study presents a wide-ranging study of the global market by evaluating the growth drivers and detaining factors at length. This detailed study of significant factors supports the market participants in understanding the issues they will be facing while operative in this market over a…
HR Software Market Analysis by Top Key Players – Zenefits Software, Kronos Sof …
HR software helps HR personnel automate many necessary tasks, such as maintaining employee records, time tracking, and benefits, which allows HR professionals to focus on recruiting efforts, employee performance and engagement, corporate wellness, company culture, and so on. These human management tools can be purchased and implemented as on premise or cloud-based software.
This market studies report on the Global HR Software Market is an all-inclusive study of the enterprise sectors…
