Operating Systems & Productivity Software Publishing Global Market Sees Growth Rate Of 15% Through 2022
5 Apr, 2022
The global operating systems & productivity software publishing market size is expected to grow from $348.46 billion in 2021 to $399.57 billion in 2022 at a compound annual growth rate (CAGR) of 14.7%. The growth in the market is mainly due to the companies rearranging their operations and recovering from the COVID-19 impact, which had earlier led to restrictive containment measures involving social distancing, remote working, and the closure of commercial activities that resulted in operational challenges. The operating systems and productivity software publishing market is expected to reach $660.51 billion in 2026 at a CAGR of 13.4%.
What is the Global Operating Systems & Productivity Software Publishing Market?
The operating systems & productivity software publishing market consists of sales of operating systems and productivity software publishing by entities (organizations, sole traders and partnerships) that produce operating systems, which are software programs enabling computer hardware to communicate and operate with the computer software; or productivity software publishing, which is an application software used to produce documents, presentations, worksheets, databases, charts, graphs, digital paintings, electronic music and digital video.
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What drives the Global Operating Systems & Productivity Software Publishing Market?
The operating systems & productivity software publishing market is expected to be aided by rapid growth in investments in smart city projects in many countries globally. Smart city technologies uses information and communication technologies to efficiently manage and operate urban services including transportation systems, water supply and law and order. These technologies are enabled through IoT technology. IoT is a convergence of computing devices, mechanical and digital objects. This system facilitates the transfer of data over a network without human interaction and minimal human to computer interaction. As smart cities use a number of electronic devices and communications equipment, the demand for software products is expected to increase. APG Algemene Pensioen Groep N.V. announced investment of €250 million in "Smart City Infrastructure Fund", for development of smart city projects across North America, Europe, Australia and other major urban areas in the world. The concept of smart cities is becoming more popular in developing nations too. For instance, more than 1,000 smart city pilot projects are either ready for or are under construction globally and around 500 of these projects are in China.
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https://www.thebusinessresearchcompany.com/report/operating-systems-productivity-software-publishing-global-market-reportGlobal Operating Systems & Productivity Software Publishing Market Segments
The global OS & productivity software publishing market is segmented:
By Type: Operating Systems, Productivity Software Publishing
By Sales Channel: B2B, B2C
By Product: Windows, Linux, Android, iOS, macOS, Others
By Device Type: Computer, Mobile
By Geography: The regions covered in the operating systems & productivity software publishing market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa.
Operating Systems & Productivity Software Publishing Global Market Report 2022provides market size and growth forecasts for the global operating systems & productivity software publishing market, global OS & productivity software publishing market share, operating systems & productivity software publishing market segments and geographies, operating systems & productivity software publishing market competitive landscape including leading competitors’ revenues, profiles and market shares. The OS & productivity software publishing market report identifies top countries and segments for opportunities and strategies based on market trends and leading competitors’ approaches.
Global Operating Systems & Productivity Software Publishing Industry Playersinclude Microsoft, International Business Machines Corporation, Intuit Inc., Google, VMware Inc., Fujitsu Ltd., Toshiba Corporation, Trimble Inc., Softbank Group Corp. and Adobe Systems Incorporated. Based on industry trends and company analysis, the report explains a number of strategies for companies in the market.