Security, Analytics, and Remote Operations: Key Drivers of the Thriving Global Software Market to 2027 - ResearchAndMarkets.com

DUBLIN--(BUSINESS WIRE)--The "Software Market Summary, Competitive Analysis and Forecast to 2027 (Global Almanac)" report has been added to ResearchAndMarkets.com's offering.

The global software industry has witnessed impressive growth in recent years, with its market size steadily increasing. According to the latest industry profile, the market is defined by revenues generated from software sales and subscriptions, including various software packages and offerings.

This encompasses signed deals under contract and the annual revenues associated with new contracts signed within a specific calendar year, excluding sales opportunities for third-party service providers.

The software market consists of several sectors, including:

• Business Process Applications: Encompassing Commerce Applications, Customer Relationship Management Applications, Enterprise Resource Planning Applications, Financial Applications, Human Resource and Payroll Applications, Office Productivity Applications, Product Lifecycle Management Applications, Supply Chain Management Applications, and Vertical-Specific and Packaged Applications.
• Data and Analytics: Involving Artificial Intelligence Platforms, Big Data Platforms, Business Intelligence and Data Discovery Tools, Data and Content Management, and Enterprise IoT (Internet of Things) Platforms.
• IT Management: Comprising Application Lifecycle Management, Application Platforms and Containers, Integration Software, Operating Systems, Virtualization, Business Process Management, IT Service Management Tools, Database Management, System and Network Management Platforms, and Storage Management.
• Security: Covering Application Security, Endpoint Security Platforms, Fraud Prevention and Transactional Security, Identity and Access Management, Messaging Security, Data Protection, Security Intelligence and Management, Network Security, Server Security, and Web Security.
• Other: Encompassing Cloud Computing, Communications and Collaboration, Mobility, Networking, and Storage.

The global software industry has been influenced by the ability of businesses to operate remotely, a trend accelerated by the COVID-19 pandemic. This shift in operational requirements has driven a significant demand for software solutions worldwide.

Key Highlights:

• Market size (value) for the years 2018-2022 and forecasts up to 2027 are provided.
• A breakdown of the software market into sectors and sub-segments is presented, giving an in-depth understanding of the industry landscape.
• Competitive pressures within the market are analyzed through key financial metrics of leading players.
• The report includes nominal market data and forecasts without adjustment for inflation, using constant 2022 annual average exchange rates.
• The pandemic-induced changes in IT requirements and the subsequent demand for software are highlighted.

Scope:

• Facilitate entry-level research by identifying the global software market's size, growth, major segments, and key players.
• Determine the competitive intensity and attractiveness of the market using the Five Forces analysis.
• Gain insights into leading company profiles, revealing details of key players' global operations and financial performance.
• Understand the future growth prospects of the global software market with five-year forecasts.

Key Questions Answered:

• What was the size of the global software market by value in 2022?
• What is the projected size of the global software market in 2027?
• What factors are influencing the competitive landscape of the global software market?
• How has the market performed over the past five years?
• What are the primary segments comprising the global software market?

Companies Mentioned

• Microsoft Corporation
• Oracle Corporation
• International Business Machines Corporation
• Alphabet Inc
• NTT Data Corporation
• Neusoft Corp
• SAP SE
• Dassault Systemes SA
• MicroStrategy Inc
• TOTVS SA
• Open Text Corporation
• Tata Consultancy Services Limited
• Otsuka Corp
• Fujitsu Limited
• CROC Inc
• AO Kaspersky Lab
• Infosys Limited
• Sony Corporation

For more information about this report visit https://www.researchandmarkets.com/r/zhz3eq

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