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Global Business Software and Services Market: By Software: Finance, Sales & Marketing, Human Resource, Supply Chain, Others; By Services; By Deployment; By Size; By End Use; Regional Analysis; Historical Market and Forecast (2016-2026); Market Dynamics; Competitive Landscape; Industry Events and Developments
Global Business Software and Services Market Outlook
The global business software and services industry attained a value of around USD 352 billion in 2020. The industry is further expected to grow at a CAGR of 10% over the forecast period of 2021-2026.
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The global business software and services industry is being driven by the growing enterprise data volume and increased adoption of business process automation across multiple sectors such as retail, production, healthcare, and transportation.
Properties and Applications
Business software is a business-related software, which is specifically used by the company to achieve particular objectives, generally by deploying the principles or features supported by the software. The global business software and services industry can be divided based on segments like software, services, deployment, end-use, and size.
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Based on software, the industry is divided into finance, sales and marketing, human resource, and supply chain, among others. Based on services, the industry is segmented into consulting, managed services, and support and maintenance. Based on deployment, the industry can be categorised into cloud and on-premises.
Based on its end-use, the industry is segmented as:
- Aerospace and Defence
- Banking, Finance Services, and Insurance
- Government
- Healthcare
- IT and Telecom
- Manufacturing
- Retail
- Transportation
- Others
On the basis of size, the industry can be segmented into small and medium enterprises and large enterprises.
The EMR report looks into the regional markets of business software and services like North America, Latin America, the Asia Pacific, Europe, and the Middle East and Africa.
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Market Analysis
The global business software and services industry is driven by the rapidly growing demand for operational efficiency and enhanced transparency in various organisations and firms. The growing shift towards cloud computing owing to its enhanced features and efficiency is providing a further boost to the industry. With the rapid advancement in technology and its growing acceptance in the various sectors, the industry is expected to witness a healthy growth in the future. High licensing and installation costs are major limitations, which may hamper the industry growth over the forecast period.
Competitive Landscape
The report presents a detailed analysis of the following key players in the global business software and services industry, looking into their capacity, market shares, and latest developments like capacity expansions, plant turnarounds, and mergers and acquisitions:
- Acumatica, Inc.
- Microsoft Corporation
- Epicor Software Corporation
- Oracle Corporation [NYSE: ORCL]
- Deltek, Inc.
- NetSuite Inc.
- SYSPRO
- International Business Machines Corporation
- Totvs SA
- Others
The EMR report gives an in-depth insight into the industry by providing a SWOT analysis as well as an analysis of Porter’s Five Forces model.
| REPORT FEATURES | DETAILS |
|---|---|
| Base Year | 2020 |
| Historical Period | 2016-2020 |
| Forecast Period | 2021-2026 |
| Scope of the Report | Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment- Software, Services, Deployment, Size, End Use, Region |
| Breakup by Software | Finance, Sales & Marketing, Human Resource, Supply Chain, Other |
| Breakup by Services | Consulting, Managed Services, Support and Maintenance |
| Breakup by Deployment | Cloud, On-Premise |
| Breakup by Size | Small & Medium Enterprises, Large Enterprises |
| Breakup by End Use | Aerospace and Defence, Banking, Finance Services and Insurance, Government, Healthcare, IT and Telecom, Manufacturing, Retail, Transportation, Others |
| Breakup by Region | North America, Europe, Asia Pacific, Latin America, Middle East and Africa |
| Market Dynamics | SWOT, Porter's Five Forces, EMR’s Key Indicators for Price and Demand |
| Competitive Landscape | Market Structure, Company Profiles- Company Overview, Product Portfolio, Demographic Reach and Achievements, Certifications |
| Companies Covered | Acumatica, Inc., Microsoft Corporation, Epicor Software Corporation, Oracle Corporation [ORCL (NYSE)], Deltek, Inc., NetSuite Inc., SYSPRO, International Business Machines Corporation [IBM (NYSE)], Totvs SA [TOTS3 (BVMF)], Others |
| Report Price and Purchase Option | Explore our purchase options that are best suited to your resources and industry needs. |
| Delivery Format | Delivered as an attached PDF and Excel through email, with an option of receiving an editable PPT, according to the purchase option. |
Key Questions Answered in the Market Report
- How has the global business software and services industry performed in the previous years (2016-2020)?
- What is the forecast assessment of the market for 2021-2026?
- What are the major drivers for the historical (2016-2020) and forecast (2021-2026) periods?
- What are the major constraints for the historical (2016-2020) and forecast (2021-2026) periods?
- What are the major demand indicators of the global industry?
- What is the degree of competition in the global industry?
- What are the major events and developments taking place within the industry globally?
*We at Expert Market Research always thrive to give you the latest information. The numbers in the article are only indicative and may be different from the actual report.
1 Preface
1.1 Objectives of the Study
1.2 Key findings of the Study
2 Research Methodology
2.1 Data Extraction
2.2 Data Corroboration
2.3 Market Structure
2.4 Inference Data
3 Executive Summary
3.1 Market Overview
3.2 Market Analysis
4 Global Business Software and Services Market Analysis
4.1 Global Business Software and Services Market (2016-2020) & Forecast (2021-2026)
4.2 Global Business Software and Services Market Breakup by Software
4.2.1 Finance
4.2.2 Sales & Marketing
4.2.3 Human Resource
4.2.4 Supply Chain
4.2.5 Other
4.3 Global Business Software and Services Market Breakup by Software: Historical Market (2016-2020) & Forecast (2021-2026)
4.3.1 Finance
4.3.2 Sales & Marketing
4.3.3 Human Resource
4.3.4 Supply Chain
4.3.5 Other
4.4 Global Business Software and Services Market Breakup by Services
4.4.1 Consulting
4.4.2 Managed Services
4.4.3 Support and Maintenance
4.5 Global Business Software and Services Market Breakup by Services: Historical Market (2016-2020) & Forecast (2021-2026)
4.5.1 Consulting
4.5.2 Managed Services
4.5.3 Support and Maintenance
4.6 Global Business Software and Services Market Breakup by Deployment
4.6.1 Cloud
4.6.2 On-Premise
4.7 Global Business Software and Services Market Breakup by Deployment: Historical Market (2016-2020) & Forecast (2021-2026)
4.7.1 Cloud
4.7.2 On-Premise
4.8 Global Business Software and Services Market Breakup by Size
4.8.1 Small & Medium Enterprises
4.8.2 Large Enterprises
4.9 Global Business Software and Services Market Breakup by Size: Historical Market (2016-2020) & Forecast (2021-2026)
4.9.1 Small & Medium Enterprises
4.9.2 Large Enterprises
4.10 Global Business Software and Services Market Breakup by End Use
4.10.1 Aerospace and Defence
4.10.2 Banking, Finance Services and Insurance
4.10.3 Government
4.10.4 Healthcare
4.10.5 IT and Telecom
4.10.6 Manufacturing
4.10.7 Retail
4.10.8 Transportation
4.10.9 Others
4.11 Global Business Software and Services Market Breakup by End Use: Historical Market (2016-2020) & Forecast (2021-2026)
4.11.1 Aerospace and Defence
4.11.2 Banking, Finance Services and Insurance
4.11.3 Government
4.11.4 Healthcare
4.11.5 IT and Telecom
4.11.6 Manufacturing
4.11.7 Retail
4.11.8 Transportation
4.11.9 Others
4.12 Global Business Software and Services Market Breakup by Region
4.12.1 North America
4.12.1.1 United States of America
4.12.1.2 Canada
4.12.2 Europe
4.12.2.1 Germany
4.12.2.2 United Kingdom
4.12.2.3 France
4.12.2.4 Italy
4.12.2.5 Others
4.12.3 Asia Pacific
4.12.3.1 China
4.12.3.2 Japan
4.12.3.3 India
4.12.3.4 ASEAN
4.12.3.5 Others
4.12.4 Latin America
4.12.4.1 Brazil
4.12.4.2 Argentina
4.12.4.3 Mexico
4.12.4.4 Others
4.12.5 Middle East & Africa
4.12.5.1 Saudi Arabia
4.12.5.2 United Arab Emirates
4.12.5.3 Nigeria
4.12.5.4 South Africa
4.12.5.5 Others
4.13 Global Business Software and Services Market Breakup by Region: Historical Market (2016-2020) & Forecast (2021-2026)
4.13.1 North America
4.13.1.1 United States of America
4.13.1.2 Canada
4.13.2 Europe
4.13.2.1 Germany
4.13.2.2 United Kingdom
4.13.2.3 France
4.13.2.4 Italy
4.13.2.5 Others
4.13.3 Asia Pacific
4.13.3.1 China
4.13.3.2 Japan
4.13.3.3 India
4.13.3.4 ASEAN
4.13.3.5 Others
4.13.4 Latin America
4.13.4.1 Brazil
4.13.4.2 Argentina
4.13.4.3 Mexico
4.13.4.4 Others
4.13.5 Middle East & Africa
4.13.5.1 Saudi Arabia
4.13.5.2 United Arab Emirates
4.13.5.3 Nigeria
4.13.5.4 South Africa
4.13.5.5 Others
5 SWOT Analysis
5.1 Overview
5.2 Strengths
5.3 Weaknesses
5.4 Opportunities
5.5 Threats
6 Porter’s Five Forces Analysis
6.1 Overview
6.2 Buyer’s Power
6.3 Supplier’s Power
6.4 New Entrants
6.5 Degree of Rivalry
6.6 Substitutes
7 Competitive Landscape & Supplier Analysis
7.1 Acumatica, Inc.
7.1.1 Company Overview
7.1.2 Financial Analysis
7.2 Microsoft Corporation
7.2.1 Company Overview
7.2.2 Financial Analysis
7.3 Epicor Software Corporation
7.3.1 Company Overview
7.3.2 Financial Analysis
7.4 Oracle Corporation [ORCL (NYSE)]
7.4.1 Company Overview
7.4.2 Financial Analysis
7.5 Deltek, Inc.
7.5.1 Company Overview
7.5.2 Financial Analysis
7.6 NetSuite Inc.
7.6.1 Company Overview
7.6.2 Financial Analysis
7.7 SYSPRO
7.7.1 Company Overview
7.7.2 Financial Analysis
7.8 International Business Machines Corporation [IBM (NYSE)]
7.8.1 Company Overview
7.8.2 Financial Analysis
7.9 Totvs SA [TOTS3 (BVMF)]
7.9.1 Company Overview
7.9.2 Financial Analysis
7.10 Others
8 Industry Events and Developments
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