Global Office Software Market
The global Office Software market was valued at USD 24.7 billion in 2021 which expected to reach USD 37.4 billion by 2027 at a CAGR 6.9% from 202012027.
Office software is often referred to as "office suites" and other times simply "office." It is a programme that helps office workers, business users, and students with their job. These applications integrate with a variety of tools, including word processing (e.g., Microsoft Word), spreadsheet development (e.g., Microsoft Excel), and presentation software (Microsoft PowerPoint). Office software can be used to create documents that can be printed or utilized online, such as web pages, blogs, or e-mails.
Market Drivers
The office software market is expected to grow further as a result of several advantages, including increased labour efficiency, faster reaction time for critical tools, process agility, and effective management of business processes. Furthermore, because they have a limited budget for expert communications and IT service providers, SMEs strive to cut costs and reduce complexities wherever possible. This is also likely to benefit emerging and frontier markets.
Market challenges
The global market is expanding due to the increased adoption of enterprise software by businesses to suit specific demands and objectives, the growing acceptance of cloud technology, and the desire to improve internal company agility while solving a variety of difficulties.
COVID-19 Impact on the Office Software Market
Due to the lockdowns imposed by governments in various countries during the COVID-19 pandemic, organisations were forced to use WFH models. As a result of these dramatic changes, organisations were forced to rethink their work processes, and digitalization became a primary priority for them in order to keep their operations running. Because of the ongoing COVID-19 pandemic, the market will continue to develop in the post-COVID-19 period, as more firms globally seek to adopt productivity solutions into their business suits amid growing mobility and BYOD trends.
Market Segmentation
The Global Office Software Market is segmented into Deployment. By Deployment such as Cloud, On-premises. By Type such as Spreadsheet Software, Word Processing Software, Visualization Software, Presentation Software, Others
Regional Analysis
Global Office Software Market is segmented into five regions such as North America, Latin America, Europe, Asia Pacific, and Middle East & Africa. North America dominated the Office Software market. Because of reasons such as greater use of enterprise office software and cloud computing technologies and solutions across the region, the office software solution is expected to expand faster in North America.
Furthermore, the growth of small businesses and rising SME investment in the cloud and SaaS industries are projected to boost the market ahead. Local governments play an important role in the growth of the cloud integration services market across the region, offering new opportunities for the global market by implementing various steps to increase corporate faith in the cloud.
Key Players
Various key players are listed in this report such as Microsoft Corporation; Google LLC; Oracle Corporation; Salesforce.com, Inc.; VMWARE, INC.; Symantec Corporation; Dell EMC; Hewlett Packard Co. (HP Inc.); International Business Machines Corp.
Market Taxonomy
By Deployment
By Type
By Region
Key Questions Addressed by the Report
Global Office Software Market TOC
1 Introduction
1.1 Objective of the Study
1.2 Market definition
1.3 Market Scope
2 Research Methodology
2.1 Data Mining
2.2 Validation
2.3 Primary Interviews
2.4 List of Data Sources
3 Executive Summary
4 Global Office Software Market Outlook
4.1 Overview
4.2 Market Dynamics
4.2.1 Drivers
4.2.2 Restraints
4.2.3 Opportunities
4.3 Porters Five Force Model
4.4 Value Chain Analysis
5 Global Office Software Market, By Deployment
5.1 Y-o-Y Growth Comparison, By Deployment
5.2 Global Office Software Market Share Analysis, By Deployment
5.3 Global Office Software Market Size and Forecast, By Deployment
5.3.1 Cloud
5.3.2 On-premises
6 Global Office Software Market, By Type
6.1 Y-o-Y Growth Comparison, By Type
6.2 Global Office Software Market Share Analysis, By Type
6.3 Global Office Software Market Size and Forecast, By Type
6.3. 1 Coatings & Adhesives
6.3.2. Wires & Cables
6.3.3. Hoses & Tubes
6.3.4. Building & Construction
6.3.5 Automotive
6.3.6 Medical Types
6.3.7 Others
7 Global Office Software Market, By Region
7.1 Global Office Software Market Share Analysis, By Region
7.2 Global Office Software Market Share Analysis, By Region
7.3 Global Office Software Market Size and Forecast, By Region
8 North America Office Software Market Analysis and Forecast (2021-2027)
8.1 Introduction
8.2 North America Office Software Market Share Analysis, By Deployment
8.3 North America Office Software Market Size and Forecast, By Type
8.4 North America Office Software Market Size and Forecast, By Country
8.5.1 U.S.
8.6.2 Canada
9.7.3 Mexico
9 Europe Office Software Market Analysis and Forecast (2021-2027)
9.1 Introduction
9.2 Europe Office Software Market Share Analysis, By Deployment
9.3 Europe Office Software Market Size and Forecast, By Type
9.4 Europe Office Software Market Size and Forecast, By Country
9.5.1 Germany
9.6.2 France
9.7.3 UK
9.8.4. Rest of Europe
10 Asia Pacific Office Software Market Analysis and Forecast (2021-2027)
10.1 Introduction
10.2 Asia Pacific Office Software Market Share Analysis, By Deployment
10.3 Asia Pacific Office Software Market Size and Forecast, By Type
10.4 Asia Pacific Office Software Market Size and Forecast, By Country
10.5.1 China
10.6.2 Japan
10.7.3 India
10.8.4. Rest of Asia Pacific
11 Latin America Office Software Market Analysis and Forecast (2021-2027)
11.1 Introduction
11.2 Latin America Office Software Market Share Analysis, By Deployment
11.3 Latin America Office Software Market Size and Forecast, By Type
11.4 Latin America Office Software Market Size and Forecast, Country
11.5.1. Brazil
11.6.2. Rest of Latin America
12 Middle East Office Software Market Analysis and Forecast (2021-2027)
12.1 Introduction
12.2 Middle East Office Software Market Share Analysis, By Deployment
12.3 Middle East Office Software Market Size and Forecast, By Type
12.4 Middle East Office Software Market Size and Forecast, By Country
12.5.1. Saudi Arabia
12.6.2. UAE
12.7.3. Egypt
12.8.4. Kuwait
12.9.5. South Africa
13 Competitive Analysis
13.1 Competition Dashboard
13.2 Market share Analysis of Top Vendors
13.3 Key Development Strategies
14Company Profiles
14.1 Microsoft Corporation
14.1.1 Overview
14.1.2 Offerings
14.1.3 Key Financials
14.1.4 Business Segment & Geographic Overview
14.1.5 Key Market Developments
14.1.6 Key Strategies
14.2. Google LLC
14.2.1 Overview
14.2.2 Offerings
14.2.3 Key Financials
14.2.4 Business Segment & Geographic Overview
14.2.5 Key Market Developments
14.2.6 Key Strategies
14.3. Oracle Corporation.
14.3.1 Overview
14.3.2 Offerings
14.3.3 Key Financials
14.3.4 Business Segment & Geographic Overview
14.3.5 Key Market Developments
14.3.6 Key Strategies
14.4 Salesforce.com, Inc
14.4.1 Overview
14.4.2 Offerings
14.4.3 Key Financials
14.4.4 Business Segment & Geographic Overview
14.4.5 Key Market Developments
14.4.6 Key Strategies
14.5 VMWARE, INC
14.5.1 Overview
14.5.2 Offerings
14.5.3 Key Financials
14.5.4 Business Segment & Geographic Overview
14.5.5 Key Market Developments
14.5.6 Key Strategies
14.6 Symantec Corporation
14.6.1 Overview
14.6.2 Offerings
14.6.3 Key Financials
14.6.4 Business Segment & Geographic Overview
14.6.5 Key Market Developments
14.6.6 Key Strategies
14.7 Company, BioMerieux SA
14.7.1 Overview
14.7.2 Offerings
14.7.3 Key Financials
14.7.4 Business Segment & Geographic Overview
14.7.5 Key Market Developments
14.7.6 Key Strategies
14.8 Dell EMC
14.8.1 Overview
14.8.2 Offerings
14.8.3 Key Financials
14.8.4 Business Segment & Geographic Overview
14.8.5 Key Market Developments
14.8.6 Key Strategies
14.9 Hewlett Packard Co. (HP Inc.)
14.9.1 Overview
14.9.2 Offerings
14.9.3 Key Financials
14.9.4 Business Segment & Geographic Overview
14.9.5 Key Market Developments
14.9.6 Key Strategies
14.10 International Business Machines Corp
14.10.1 Overview
14.10.2 Offerings
14.10.3 Key Financials
14.10.4 Business Segment & Geographic Overview
14.10.5 Key Market Developments
14.10.6 Key Strategies
