Global Productivity Software
Market Report
2024
Global Productivity Software Market was valued at USD 46.7 billion in 2022 and will reach USD 117.2 billion by 2030, registering a CAGR of 12.2% for the forecast period 2023-2030.
The base year for the calculation is 2023 and 2019 to 2023 will be historical period. The year 2024 will be estimated one while the forecasted data will be from year 2025 to 2031. When we deliver the report that time we updated report data till the purchase date.
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Global Productivity Software Market was valued at USD 46.7 billion in 2022 and will reach USD 117.2 billion by 2030, registering a CAGR of 12.2% for the forecast period 2023-2030.
Base Year | 2023 |
Historical Data Time Period | 2019-2023 |
Forecast Period | 2024-2031 |
Global Productivity Software Market Sales Revenue 2022 | $ 46.7 Billion |
Global Productivity Software Market Sales Revenue 2030 | $ 117.2 Billion |
Global Productivity Software Market Compound Annual Growth Rate (CAGR) for 2024 to 2031 | 12.2% |
Market Split by Deployment Type |
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Market Split by Enterprises Size |
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Market Split by Solution |
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List of Competitors |
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Regional Analysis |
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Country Analysis |
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Key Qualitative Information Covered |
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Productivity Software Market is Segmented as below. Particular segment of your interest can be provided without any additional cost. Download the Sample Pages!
Productivity software simply means any application or program that enables one to produce or create, among others, graphs, databases, documents, presentations, audio or video clips, and worksheets. Moreover, it is most commonly used in productivity software for businesses and offices. The growing demand to manage tasks and workflow among businesses has boosted the market for productivity software. Furthermore, the growing adoption of cloud computing in business processes and the increasing adoption of enterprise mobility, smartphones, and Bring Your Own Device (BYOD) to expand the mobile workforce will surge the demand for productivity management software, contributing to the growth of the market.
Higher productivity assists in gaining a competitive advantage over the competitor. Companies are keener to reduce their operational expenses to gain hefty profits, and improved productivity helps them achieve their profitability goals. Moreover, organizations are currently looking towards investing in technology-oriented solutions such as productivity management software (PMS) that would offer centralized productivity management solutions to improve the working environment and reduce costs. Productivity growth is critical for companies because delivering more products and services to customers results in high income. For instance, when productivity rises, an organization’s capital can be converted into sales, allowing it to compensate stakeholders resulting in a rise in income.
High deployment cost is a major factor restraining the market due to lack of work engagement costs companies are estimated at USD 7 trillion in lost productivity in 2017 around the world. Productivity management software relies on the power of automation to speed up the process and reduce the mundane activities of the employees and induce productivity. This restrains the activity of production software
The COVID-19 pandemic impacted workflow and team communication in businesses of different sizes. later on, due to the increasing acceptance of work-from-home policies by organizations worldwide and the necessity to manage workforces remotely augmented the requirement for remote work management. Due to remote work management, the need for digitization has grown enormously. PMS has been critical in permitting businesses and workers to achieve workflow continuity. Moreover, Collaboration software from Zoom, Slack, Cisco Webex, and Microsoft Teams collaboration technology has proved to be particularly helpful for businesses to improve productivity and maintain workflow.
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Microsoft first announced the changes in 2020, and Office 365 was changed to Microsoft 365 in April of that same year. The mobile app, the Windows app, and the office.com URL are all affected by the name change, as all Office subscription plans and apps. Moreover in 2023, the rebrand is anticipated to be complete.
Top Companies Market Share in Productivity Software Industry: (In no particular order of Rank)
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North America accounted for the largest revenue share of around 40% in 2021 and is projected to hold the dominant share throughout the forecast period owing to the presence of key companies such as Salesforce, Oracle, IBM Corporation, Microsoft Corporation, Adobe, and Google. The growth is mainly attributed to the increased adoption of PMS solutions to manage mundane tasks and highly evolving infrastructure in organizations. Increased adoption of AI and ML technologies would further fuel market growth.
The current report Scope analyzes Productivity Software Market on 5 major region Split (In case you wish to acquire a specific region edition (more granular data) or any country Edition data then please write us on info@cognitivemarketresearch.com
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Global Productivity Software Market Report 2024 Edition talks about crucial market insights with the help of segments and sub-segments analysis. In this section, we reveal an in-depth analysis of the key factors influencing Productivity Software Industry growth. Productivity Software market has been segmented with the help of its Deployment Type, Enterprises Size Solution, and others. Productivity Software market analysis helps to understand key industry segments, and their global, regional, and country-level insights. Furthermore, this analysis also provides information pertaining to segments that are going to be most lucrative in the near future and their expected growth rate and future market opportunities. The report also provides detailed insights into factors responsible for the positive or negative growth of each industry segment.
Cloud-based segment dominates the market as Enterprises are concerned about the costs of data hosting on-premises, both in terms of deployment and maintenance. The current competitive environment and global economic conditions have intensified the implementation of cost-effective business model restructuring steps. Another factor driving the adoption of cloud-based solutions is the growing shift of businesses toward digital transformation and accelerating customer engagement, both of which lower enterprise costs. The cloud provides the pay-as-you-go model, allowing businesses to pay for cloud services based on how much they use them, resulting in lower costs.
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Small and medium enterprises dominated the market, as the Small and Medium Enterprises (SMEs) segment held the leading revenue share of more than 50.0% in 2021. Productivity management software enables businesses to offload unproductive and repetitive tasks to technology that can complete them more efficiently and efficiently. Therefore, growing adoption in large enterprises to ease the operation process is projected to support segment growth. Moreover, the increasing number of large enterprises across emerging and developed economies is expected to increase the demand for productivity management software over the forecast period.
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The content management segment dominates the market and accounted for more than 35% of the global revenue. The segment includes workflow management, file sharing, task and project management, and communication, among others. The content management and collaboration software create working together on professional projects faster and more accessible, and it reduces the bottleneck in feedback and approval processes. The solution makes it easier to get work done by bringing communications, content, and context into a single place supporting the growth of the segment.
Research associate at Cognitive Market Research
Swasti Dharmadhikari, an agile and achievement-focused market researcher with an innate ardor for deciphering the intricacies of the Service & Software sector. Backed by a profound insight into technology trends and consumer dynamics, she has committed herself to meticulously navigating the ever-evolving terrain of digital Services and software solutions.
Swasti an agile and achievement-focused market researcher with an innate ardor for deciphering the intricacies of the Service & Software sector. Backed by a profound insight into technology trends and consumer dynamics, she has committed herself to meticulously navigating the ever-evolving terrain of digital Services and software solutions.
In her current role, Swasti manages research for service and software category, leading initiatives to uncover market opportunities and enhance competitive positioning. Her strong analytical skills and ability to provide clear, impactful findings have been crucial to her team’s success. With an expertise in market research analysis, She is adept at dissecting complex problems, extracting meaningful insights, and translating them into actionable recommendations, Swasti remains an invaluable asset in the dynamic landscape of market research.
Our study will explain complete manufacturing process along with major raw materials required to manufacture end-product. This report helps to make effective decisions determining product position and will assist you to understand opportunities and threats around the globe.
The Global Productivity Software Market is witnessing significant growth in the near future.
In 2023, the On-Premise segment accounted for noticeable share of global Productivity Software Market and is projected to experience significant growth in the near future.
The Large Enterprises segment is expected to expand at the significant CAGR retaining position throughout the forecast period.
Some of the key companies Google LLC., Salesforce.com Inc. and others are focusing on its strategy building model to strengthen its product portfolio and expand its business in the global market.
Please note, we have not disclose, all the sources consulted/referred during a market study due to confidentiality and paid service concern. However, rest assured that upon purchasing the service or paid report version, we will release the comprehensive list of sources along with the complete report and we also provide the data support where you can intract with the team of analysts who worked on the report.
Disclaimer:
Deployment Type | On-Premise, Cloud-based |
Enterprises Size | Large Enterprises, Small, Midsize Enterprises |
Solution | Content Management, Collaboration, AI & Predictive Analytics, Structured Work Management, Other Solutions |
List of Competitors | Google LLC., Microsoft, Salesforce.com Inc., Slack Technologies Inc., Monday.com, IBM Corporation, Oracle, Zoho Corporation Pvt. Ltd., Adobe, HyperOffice |
This chapter will help you gain GLOBAL Market Analysis of Productivity Software. Further deep in this chapter, you will be able to review Global Productivity Software Market Split by various segments and Geographical Split.
Chapter 1 Global Market Analysis
Global Market has been segmented on the basis 5 major regions such as North America, Europe, Asia-Pacific, Middle East & Africa, and Latin America.
You can purchase only the Executive Summary of Global Market (2019 vs 2024 vs 2031)
Global Market Dynamics, Trends, Drivers, Restraints, Opportunities, Only Pointers will be deliverable
Chapter 2 North America Market Analysis
Chapter 3 Europe Market Analysis
Chapter 4 Asia Pacific Market Analysis
Chapter 5 South America Market Analysis
Chapter 6 Middle East and Africa Market Analysis
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Chapter 7 Top 10 Countries Analysis (Only Available with Corporate User License)
Competitor's Market Share and Revenue (Subject to Data Availability for Private Players)
Chapter 8 Competitor Analysis (Subject to Data Availability (Private Players))
(Subject to Data Availability (Private Players))
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Chapter 9 Qualitative Analysis (Subject to Data Availability)
Segmentation Deployment Type Analysis 2019 -2031, will provide market size split by Deployment Type. This Information is provided at Global Level, Regional Level and Top Countries Level The report with the segmentation perspective mentioned under this chapters will be delivered to you On Demand. So please let us know if you would like to receive this additional data as well. No additional cost will be applicable for the same.
Chapter 10 Market Split by Deployment Type Analysis 2019 -2031
The report with the segmentation perspective mentioned under this chapters will be delivered to you On Demand. So please let us know if you would like to receive this additional data as well. No additional cost will be applicable for the same.
Chapter 11 Market Split by Enterprises Size Analysis 2019 -2031
The report with the segmentation perspective mentioned under this chapters will be delivered to you On Demand. So please let us know if you would like to receive this additional data as well. No additional cost will be applicable for the same.
Chapter 12 Market Split by Solution Analysis 2019 -2031
This chapter helps you understand the Key Takeaways and Analyst Point of View of the global Productivity Software market
Chapter 13 Research Findings
Here the analyst will summarize the content of entire report and will share his view point on the current industry scenario and how the market is expected to perform in the near future. The points shared by the analyst are based on his/her detailed in-depth understanding of the market during the course of this report study. You will be provided exclusive rights to interact with the concerned analyst for unlimited time pre purchase as well as post purchase of the report.
Why On-Premise have a significant impact on Productivity Software market? |
What are the key factors affecting the On-Premise and Cloud-based of Productivity Software Market? |
What is the CAGR/Growth Rate of Large Enterprises during the forecast period? |
By type, which segment accounted for largest share of the global Productivity Software Market? |
Which region is expected to dominate the global Productivity Software Market within the forecast period? |
Segmentation Level Customization |
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Global level Data Customization |
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Region level Data Customization |
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Country level Data Customization |
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Company Level |
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Additional Data Analysis |
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Additional Qualitative Data |
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Additional Quantitative Data |
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Service Level Customization |
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