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The IT software market is forecasted to grow by USD 320.5 billion during 2023-2028, accelerating at a CAGR of 7.28% during the forecast period. The report on the IT software market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.Speak directly to the analyst to clarify any post sales queries you may have.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by expansion of IT infrastructure, increasing adoption of remote work and need for team collaboration, and effective organizational change management.
The IT software market is segmented as below:
By Type
- Application software
- Systems software
By End-user
- BFSI
- Telecommunication
- Retail
- Healthcare
- Others
By Geographical Landscape
- North America
- Europe
- APAC
- Middle East and Africa
- South America
The report on the it software market covers the following areas:
- It software market sizing
- It software market forecast
- It software market industry analysis
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The report presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. IT presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.
Table of Contents
1 Executive Summary
2 Technavio Analysis
3 Market Landscape
4 Market Sizing
5 Historic Market Size
6 Qualitative Analysis
7 Five Forces Analysis
8 Market Segmentation by Type
9 Market Segmentation by End-user
10 Customer Landscape
11 Geographic Landscape
12 Drivers, Challenges, and Opportunity/Restraints
13 Competitive Landscape
14 Competitive Analysis
15 Appendix
List of Exhibits
Executive Summary
The following companies are recognized as the key players in the IT software market: Alphabet Inc., Amazon.com Inc., Atlassian Corp. PLC, Broadcom Inc., Cisco Systems Inc., Freshworks Inc., International Business Machines Corp., ITarian LLC, Kaseya Ltd., Microsoft Corp., NinjaOne, Nutanix Inc., Open Text Corp., Oracle Corp., Red Hat Inc., Salesforce Inc., SAP SE, SAS Institute Inc., ServiceNow Inc., SolarWinds Corp., SysAid Technologies Ltd, and Zoho Corp. Pvt. Ltd..Commenting on the report, an analyst from the research team said: "The latest trend gaining momentum in the market is increasing focus of vendors on development of new software solutions."
According to the report, one of the major drivers for this market is the expansion of it infrastructure.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- Alphabet Inc.
- Amazon.com Inc.
- Atlassian Corp. Plc
- Broadcom Inc.
- Cisco Systems Inc.
- Freshworks Inc.
- International Business Machines Corp.
- ITarian LLC
- Kaseya Ltd.
- Microsoft Corp.
- NinjaOne
- Nutanix Inc.
- Open Text Corp.
- Oracle Corp.
- Red Hat Inc.
- Salesforce Inc.
- SAP SE
- SAS Institute Inc.
- ServiceNow Inc.
- SolarWinds Corp.
- SysAid Technologies Ltd
- Zoho Corp. Pvt. Ltd.