The global productivity software publishing market size is expected to grow from $81.16 billion in 2021 to $91.86 billion in 2022 at a compound annual growth rate (CAGR) of 13.2%. The change in productivity software publishing market growth trend is mainly due to the companies stabilizing their output after catering to the demand that grew exponentially during the COVID-19 pandemic in 2021. The market is expected to reach $132.94 billion in 2026 at a CAGR of 9.7%.
What is the Global Productivity Software Publishing Market?
The productivity software publishing market consists of sales of productivity software. Productivity software is an application dedicated to producing information, such as documents, presentations, worksheets, databases, charts, graphs, digital paintings, electronic music and digital video, excluding operating systems.
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What drives the Global Productivity Software Publishing Market?
Automation in any field would increase the efficiency and would therefore increase the profit margins. The productivity software publishing market is driven by the cloud-based technology. The cloud-based productivity software allows all the team members to share, collaborate and communicate on projects effectively not having to physically meet/share anything on disc/USB. The cloud-based software enhances the work flow by making it simpler and easy to work with. This easy platform could deliver many applications involving the graphics software, spreadsheet applications, database management systems and word processors to the end users. Also, the cloud-based software controls, safeguards and install the software automatically without having to physically monitor it. Due to the software’s ability to turn the technical power of these software tools into strategic action, managers are better positioned to gain visibility into how workers are fulfilling their responsibilities and take steps to ensure they reach crucial milestones. Examples of cloud-based productivity software includes Microsoft office 365, Zoho office online suite, Apple iWork etc.
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Global Productivity Software Publishing Market Segments
The global productivity software publishing market is segmented:
By Application: Usage Tracking, License Management, Advanced Reporting, Others
By Deployment Type: Cloud-Based, On-Premises
By End-User: BFSI, Manufacturing, Telecommunications, Media and Entertainment, Transportation, Retail
By Geography: The regions covered in the productivity software publishing market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa.
Productivity Software Publishing Global Market Report 2022provides market size and growth forecasts for the global productivity software publishing market, global productivity software publishing market share, productivity software publishing market segments and geographies, productivity software publishing market competitive landscape including leading competitors’ revenues, profiles and market shares. The productivity software publishing market report identifies top countries and segments for opportunities and strategies based on market trends and leading competitors’ approaches.
Global Productivity Software Publishing Industry Playersinclude Microsoft Corporation, IDoneThis, Oracle, Google, IBM, Apple, SAP SE, Amzaon, Apache Software Foundation, Adobe Systems, CA Technologies, Astro Technology, ProofHub, Kdan Mobile Software, Dell, Techwise, CDC Software, Cisco, Outcess, ROEING CORPORATION, OfficeTimer, TrackTik, Kingsoft Office Software and Statdash. Based on industry trends and company analysis, the report explains a number of strategies for companies in the market.
