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North America Business Software And Services Market Size, Share & Trends Analysis Report By Deployment (Cloud and On-premise) By Enterprise Size, By Service, By Software, By End-use, By Country and Growth Forecast, 2024 - 2031

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    Report

  • 167 Pages
  • February 2025
  • Region: North America
  • Marqual IT Solutions Pvt. Ltd (KBV Research)
  • ID: 6056128
The North America Business Software And Services Market is expected to witness market growth of 11.0% CAGR during the forecast period (2024-2031).

The US market dominated the North America Business Software And Services Market by country in 2023, and is expected to continue to be a dominant market till 2031; thereby, achieving a market value of $280.90 billion by 2031. The Canada market is experiencing a CAGR of 13.3% during 2024-2031. Additionally, the Mexico market is expected to exhibit a CAGR of 12.4% during 2024-2031.



This refer to a broad range of digital solutions designed to enhance productivity, automate processes, and streamline operations for organizations across industries. These solutions include enterprise software applications, cloud-based services, data analytics tools, cybersecurity solutions, and IT consulting services.

Business software includes applications such as Enterprise Resource Planning (ERP), Customer Relationship Management (CRM), Human Resource Management Systems (HRMS), Accounting Software, Supply Chain Management (SCM) Systems, and Project Management Tools. These solutions help businesses manage various functions, including finance, sales, human resources, inventory, and marketing, through centralized platforms that improve coordination and efficiency.

North America's business software and services market is experiencing strong growth, driven by sector-specific advancements and government-backed initiatives. The aerospace and defense sector in the United States plays a key role in increasing demand for business software solutions. As reported by the International Trade Administration, the aerospace sector in the United States maintains the highest trade balance, amounting to $77.6 billion in 2019, and ranks second in terms of export levels, with a total of $148 billion, among all manufacturing industries. As military and defense contractors focus on enhancing cybersecurity, unmanned systems, and space technologies, software solutions such as AI-powered analytics, cloud-based defense management systems, and predictive maintenance software are becoming essential. The need for efficient patient data management, predictive analytics for disease prevention, and automated billing systems is driving hospitals and clinics to integrate cloud-based healthcare management software. Therefore, the region will present lucrative opportunities for the market.

List of Key Companies Profiled

  • Hewlett Packard Enterprise Company
  • Microsoft Corporation
  • Oracle Corporation
  • IBM Corporation
  • SAP SE
  • Google LLC (Alphabet Inc.)
  • Epicor Software Corporation
  • ServiceNow, Inc.
  • Salesforce, Inc.
  • VMware, Inc. (Broadcom Inc.)

Market Report Segmentation

By Deployment

  • Cloud
  • On-premise

By Enterprise Size

  • Large Enterprises
  • Small and Medium Enterprises

By Service

  • Managed Services
  • Support & Maintenance
  • Consulting

By Software

  • Finance
  • Sales & Marketing
  • Human Resource
  • Supply Chain
  • Other Software

By End-use

  • BFSI
  • IT & Telecom
  • Manufacturing
  • Healthcare
  • Retail
  • Government
  • Transportation
  • Aerospace & Defense
  • Other End-uses

By Country

  • US
  • Canada
  • Mexico
  • Rest of North America

Table of Contents

Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 North America Business Software And Services Market, by Deployment
1.4.2 North America Business Software And Services Market, by Enterprise Size
1.4.3 North America Business Software And Services Market, by Service
1.4.4 North America Business Software And Services Market, by Software
1.4.5 North America Business Software And Services Market, by End-use
1.4.6 North America Business Software And Services Market, by Country
1.5 Methodology for the Research
Chapter 2. Market at a Glance
2.1 Key Highlights
Chapter 3. Market Overview
3.1 Introduction
3.1.1 Overview
3.1.1.1 Market Composition and Scenario
3.2 Key Factors Impacting the Market
3.2.1 Market Drivers
3.2.2 Market Restraints
3.2.3 Market Opportunities
3.2.4 Market Challenges
Chapter 4. Competition Analysis - Global
4.1 The Cardinal Matrix
4.2 Recent Industry Wide Strategic Developments
4.2.1 Partnerships, Collaborations and Agreements
4.2.2 Product Launches and Product Expansions
4.2.3 Acquisition and Mergers
4.3 Market Share Analysis, 2023
4.4 Top Winning Strategies
4.4.1 Key Leading Strategies: Percentage Distribution (2020-2024)
4.4.2 Key Strategic Move: (Partnerships, Collaborations & Agreements: 2020, Jun - 2024, Sep) Leading Players
4.5 Porter Five Forces Analysis
Chapter 5. North America Business Software And Services Market by Deployment
5.1 North America Cloud Market by Region
5.2 North America On-premise Market by Region
Chapter 6. North America Business Software And Services Market by Enterprise Size
6.1 North America Large Enterprises Market by Country
6.2 North America Small and Medium Enterprises Market by Country
Chapter 7. North America Business Software And Services Market by Service
7.1 North America Managed Services Market by Country
7.2 North America Support & Maintenance Market by Country
7.3 North America Consulting Market by Country
Chapter 8. North America Business Software And Services Market by Software
8.1 North America Finance Market by Country
8.2 North America Sales & Marketing Market by Country
8.3 North America Human Resource Market by Country
8.4 North America Supply Chain Market by Country
8.5 North America Other Software Market by Country
Chapter 9. North America Business Software And Services Market by End-use
9.1 North America BFSI Market by Country
9.2 North America IT & Telecom Market by Country
9.3 North America Manufacturing Market by Country
9.4 North America Healthcare Market by Country
9.5 North America Retail Market by Country
9.6 North America Government Market by Country
9.7 North America Transportation Market by Country
9.8 North America Aerospace & Defense Market by Country
9.9 North America Other End-uses Market by Country
Chapter 10. North America Business Software And Services Market by Country
10.1 US Business Software And Services Market
10.1.1 US Business Software And Services Market by Deployment
10.1.2 US Business Software And Services Market by Enterprise Size
10.1.3 US Business Software And Services Market by Service
10.1.4 US Business Software And Services Market by Software
10.1.5 US Business Software And Services Market by End-use
10.2 Canada Business Software And Services Market
10.2.1 Canada Business Software And Services Market by Deployment
10.2.2 Canada Business Software And Services Market by Enterprise Size
10.2.3 Canada Business Software And Services Market by Service
10.2.4 Canada Business Software And Services Market by Software
10.2.5 Canada Business Software And Services Market by End-use
10.3 Mexico Business Software And Services Market
10.3.1 Mexico Business Software And Services Market by Deployment
10.3.2 Mexico Business Software And Services Market by Enterprise Size
10.3.3 Mexico Business Software And Services Market by Service
10.3.4 Mexico Business Software And Services Market by Software
10.3.5 Mexico Business Software And Services Market by End-use
10.4 Rest of North America Business Software And Services Market
10.4.1 Rest of North America Business Software And Services Market by Deployment
10.4.2 Rest of North America Business Software And Services Market by Enterprise Size
10.4.3 Rest of North America Business Software And Services Market by Service
10.4.4 Rest of North America Business Software And Services Market by Software
10.4.5 Rest of North America Business Software And Services Market by End-use
Chapter 11. Company Profiles
11.1 Hewlett Packard Enterprise Company
11.1.1 Company Overview
11.1.2 Financial Analysis
11.1.3 Segmental and Regional Analysis
11.1.4 Research & Development Expense
11.1.5 Recent Strategies and Developments
11.1.5.1 Partnerships, Collaborations, and Agreements
11.1.5.2 Product Launches and Product Expansions
11.1.5.3 Acquisition and Mergers
11.1.6 SWOT Analysis
11.2 Microsoft Corporation
11.2.1 Company Overview
11.2.2 Financial Analysis
11.2.3 Segmental and Regional Analysis
11.2.4 Research & Development Expenses
11.2.5 Recent Strategies and Developments
11.2.5.1 Partnerships, Collaborations, and Agreements
11.2.5.2 Acquisition and Mergers
11.2.6 SWOT Analysis
11.3 Oracle Corporation
11.3.1 Company Overview
11.3.2 Financial Analysis
11.3.3 Segmental and Regional Analysis
11.3.4 Research & Development Expense
11.3.5 Recent Strategies and Developments
11.3.5.1 Partnerships, Collaborations, and Agreements
11.3.5.2 Acquisition and Mergers
11.3.6 SWOT Analysis
11.4 IBM Corporation
11.4.1 Company Overview
11.4.2 Financial Analysis
11.4.3 Regional & Segmental Analysis
11.4.4 Research & Development Expenses
11.4.5 Recent Strategies and Developments
11.4.5.1 Partnerships, Collaborations, and Agreements
11.4.5.2 Acquisition and Mergers
11.4.6 SWOT Analysis
11.5 SAP SE
11.5.1 Company Overview
11.5.2 Financial Analysis
11.5.3 Regional Analysis
11.5.4 Research & Development Expense
11.5.5 Recent Strategies and Developments
11.5.5.1 Partnerships, Collaborations, and Agreements
11.5.6 SWOT Analysis
11.6 Google LLC (Alphabet Inc.)
11.6.1 Company Overview
11.6.2 Financial Analysis
11.6.3 Segmental and Regional Analysis
11.6.4 Research & Development Expense
11.6.5 Recent Strategies and Developments
11.6.5.1 Partnerships, Collaborations, and Agreements
11.6.5.2 Acquisition and Mergers
11.6.6 SWOT Analysis
11.7 Epicor Software Corporation
11.7.1 Company Overview
11.7.2 Recent Strategies and Developments
11.7.2.1 Partnerships, Collaborations, and Agreements
11.8 ServiceNow, Inc.
11.8.1 Company Overview
11.8.2 Financial Analysis
11.8.3 Regional Analysis
11.8.4 Research & Development Expenses
11.9 Salesforce, Inc.
11.9.1 Company Overview
11.9.2 Financial Analysis
11.9.3 Regional Analysis
11.9.4 Research & Development Expenses
11.9.5 Recent Strategies and Developments
11.9.5.1 Acquisition and Mergers
11.9.6 SWOT Analysis
11.10. VMware, Inc. (Broadcom Inc.)
11.10.1 Company Overview
11.10.2 Financial Analysis
11.10.3 Segmental and Regional Analysis
11.10.4 Research & Development Expense
11.10.5 SWOT Analysis

Companies Mentioned

  • Hewlett Packard Enterprise Company
  • Microsoft Corporation
  • Oracle Corporation
  • IBM Corporation
  • SAP SE
  • Google LLC (Alphabet Inc.)
  • Epicor Software Corporation
  • ServiceNow, Inc.
  • Salesforce, Inc.
  • VMware, Inc. (Broadcom Inc.)

Methodology

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