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Packaged Software Market - Exponential Rise in Demand for Smartphones and Tablets is Supporting the Demand for Market

02-01-2018 01:07 PM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Transparency Market Research

/ PR Agency: Transparency Market Research
Packaged software is a set of multiple software programs bundled together to make a complete set and perform a related set of operations in the computer system. For instance, Microsoft Office is packaged software which includes Microsoft Excel, Microsoft Word, and Microsoft Access. Packaged software is available for sale, lease, and license to the general public.

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The rising demand for smartphones has triggered the demand for packaged software solutions. There has been an increase in the consumer base which uses mobile phones for internet usage rather than computers. Dependency of users on mobile phones for internet usage has increased the demand for packaged software.

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During the early years of commercial use of computers, software systems were developed from scratch using different development platforms. These systems were developed uniquely for each organization and had no standardization. Standardization of software products also benefitted software buyers by lowering transaction costs and risks associated with it.

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Packaged software industry has continually expanded and forms a major part of the IT services industry. Businesses use office production software like FileMaker Pro whereas many organizations today use a package suite that contains everything employees need to run an efficient business. Computer security has become a major issue since the invention of internet.

About TMR

Transparency Market Research (TMR) is a global market intelligence company providing business information reports and services. The company’s exclusive blend of quantitative forecasting and trend analysis provides forward-looking insight for thousands of decision makers. TMR’s experienced team of analysts, researchers, and consultants use proprietary data sources and various tools and techniques to gather and analyze information.

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