Global Productivity Software Market

Productivity Software Market Size, Share, Growth Analysis, By Solutions(Content Management, Collaboration), By Deployment Type(Cloud based, On-premise), By Enterprise Size(Small & Medium Enterprises, Large Enterprises), By End-user(BFSI, Telecommunications) - Industry Forecast 2024-2031


Report ID: SQSG45E2036 | Region: Global | Published Date: July, 2001
Pages: 165 | Tables: 128 | Figures: 77

Productivity Software Market Insights

Global Productivity Software Market size was valued at USD 47.33 billion in 2019 and is poised to grow from USD 53.88 billion in 2023 to USD 146.62 billion by 2031, growing at a CAGR of 13.8% in the forecast period (2024-2031).

Application software used for gathering data is known as productivity software (sometimes referred to as personal productivity software or workplace productivity software) (such as presentations, worksheets, documents, databases, graphs, charts, digital video, digital paintings, and electronic music). Businesses have been looking for fresh approaches to increase productivity. Delivering goods and services now more effectively and efficiently than in previous years has been made possible by new methodologies and technology. For businesses, increasing productivity is essential since offering more goods and services to clients generates more profits. An organization's capital can be transformed into revenues when productivity increases, allowing it to pay stakeholders while still maintaining cash flow for prospective growth and expansion.

The main drivers driving the Productivity Software Market expansion are the growing requirement for businesses to manage workflow and tasks to support growth and the quickly expanding advancements in the fields of artificial intelligence (AI) and machine learning (ML). Additionally, as corporate mobility, smartphones, and Bring Your Own Device (BYOD) become more widely used in business processes and as the mobile workforce grows, the demand for productivity management software will rise, driving the market's expansion.

US Productivity Software Market is poised to grow at a sustainable CAGR for the next forecast year.

Market snapshot - 2024-2031

Global Market Size

USD 47.33 billion

Largest Segment

Cloud based

Fastest Growth

Cloud based

Growth Rate

13.8% CAGR

Global Productivity Software Market 2022-2028 ($ Bn)
Country Share for North America Region- 2021 (%)
Global Productivity Software Market Size By Deployment Type 2022-2028 ($ Bn)
Global Productivity Software Market Size By Enterprise Size 2022-2028 (%)

To get more reports on the above market click here to Buy The Report

Productivity Software Market Segmental Analysis

The Global Productivity Software Market is segmented based on solutions, deployment type, enterprise size, end-user and region. Based on Solutions, Productivity Software Market is categorized into Content Management and Collaboration, Asset Creation, AI and Predictive Analytics, Structured Work Management, Connectivity, Integration Services, Technical Support, Consulting and Coordination. Based on Deployment Type, Productivity Software Market is categorized into Cloud based and On-premise. Based on Enterprise Size, Productivity Software Market is categorized into Small & Medium Enterprises and Large Enterprises. Based on End-user, Productivity Software Market is categorized into BFSI, Telecommunications, Manufacturing, Media and Entertainment, Transportation, Retail, Other End-user Industries. Based on region, Productivity Software Market is categorized into North America, Europe, Asia Pacific, The Middle East and Africa, and Latin America.

Productivity Software Market Analysis by Deployment Type

On the basis of deployment type, the cloud based segment is expected to lead the global productivity software market over the forecast period. The cloud category accounted for the biggest revenue share in 2021. The business is given mobility, remote connectivity, dependable and secure data and information storage, as well as quick and simple access to the files and information, thanks to the cloud-based productivity software solutions. Large amounts of data are available to the commercial organizations that are data-driven. The organization can effectively manage and access its information thanks to the cloud-based software. Furthermore, the industry would develop since there would be a greater need to secure important data.

Global Productivity Software Market By Deployment Type, 2021 (%), 2023 (%)

To get detailed analysis on other segments, Request For Free Sample Report

Productivity Software Market Regional Insights

Based on the region, the North American region currently dominates the global productivity software market. In terms of value, North America dominated the productivity software market in 2021. In the United States, the market for business productivity software is projected to present the most lucrative growth opportunities for revenue generation during the forecast period due to the high adoption of cutting-edge technology by local businesses, including cloud computing services, the Internet of Things, and artificial intelligence. Additionally, the availability of technical talent and the presence of top-notch IT infrastructure are the primary drivers of industry expansion in the area. Due to the growing usage of BYOD in businesses for collaboration reasons, South Asia & Pacific is anticipated to have the highest growth rate for the productivity software market over the forecast period. The region's market is expanding as a result of rising demand for bettering corporate communications networks and government measures to change ICT infrastructure.

Global Productivity Software Market By Geography, 2022-2028, 2024-2031
  • Largest
  • Fastest

To know more about the market opportunities by region and country, click here to
Buy The Complete Report

Productivity Software Market Dynamics

Productivity Software Market Drivers

  • Increasing adoption of internet and smart devices: Today's workplace routinely involves scheduling meetings, and the development of mobile technology has decreased the complexity and length of meetings. Mobile technological advancements have increased the use of business productivity tools. As a result, a number of suppliers of corporate productivity software have created programmes that enable users to organize and plan meetings on mobile devices like smartphones and tablets. As a result, the market for business productivity software has indirectly benefited from the rise in smartphone usage. Additionally, as IT becomes more consumer-oriented, mobile devices including smartphones, tablets, computers, and laptops are now frequently used in businesses for communication. In order to enhance user experience, productivity, and security, corporate productivity software suppliers have been compelled by the BYOD (Bring Your Own Device) concept to create cutting-edge company productivity solutions.

Productivity Software Market Restraints

  • One of the factors restricting the market growth for business productivity software is cybersecurity-related dangers. The majority of businesses use cloud storage services to store their data, which makes them vulnerable to malware and hacking attacks. Although cloud solutions are getting more secure, they are still open to unsecured application programming interfaces (APIs), data breaches, data loss, account takeover, and distributed denial-of-service (DDoS) assaults. Businesses have been implementing cloud-based storing models to increase productivity while cutting costs, however these models provide limited security oversight over the data. Businesses face a security risk from cloud-based productivity software systems because they frequently grant hackers broad access via which they can view, remove, relocate, or store enterprise data. As a result, during the course of the forecast, cybersecurity-related problems could constitute a serious threat to the global market for productivity software.

Request Free Customization of this report to help us to meet your business objectives.

Productivity Software Market Competitive Landscape

The Productivity Software Market for productivity software is highly fragmented. The players' primary tactics have continued to be the introduction of new products and improvements to current software solutions. Along with that, to deliver high productivity and a better customer experience, the businesses are concentrating on providing software solutions for workflow management, task management, content management and collaborations, AI, and predictive analytics.

Productivity Software Market Top Players Company Profiles

  • Microsoft Corporation
  • Google LLC
  • Apple Inc.
  • Oracle Corporation
  • Salesforce.com, Inc.
  • Adobe Inc.
  • Dropbox, Inc.
  • Atlassian Corporation Plc
  • Slack Technologies, Inc.
  • Asana, Inc.
  • Smartsheet Inc.
  • Monday.com Ltd.
  • Trello, Inc.
  • Evernote Corporation
  • Wrike, Inc.
  • Zoom Video Communications, Inc.
  • Zoho Corporation Pvt. Ltd.
  • Airtable, Inc.
  • Notion Labs, Inc.
  • Todoist GmbH

Productivity Software Market Recent Developments

  • In July 2022, Oracle Corporation and Microsoft Corporation announced today that Oracle Database Service for Microsoft Azure is now widely available. Customers of Microsoft Azure may now quickly setup, access, and manage corporate Oracle Database services within Oracle Cloud Infrastructure (OCI) with a similar user interface thanks to this new offering. In order to connect to managed, high-performance, high-availability Oracle Database services, such as Autonomous Database operating on OCI, users can migrate existing applications or create new ones on Azure.

Productivity Software Key Market Trends

  • Smart virtual personal assistance and chatbot adoption in businesses: Smart virtual assistants are now being used in businesses for tasks including organizing meetings, taking notes, and task reminders. Virtual assistants look up information and material, respond to questions in natural language, give brief progress updates on tasks and projects and carry out surveys automatically. Chatbots aid in the automation of many complicated processes and guarantee the seamless operation of communication and collaboration services. Chatbots are made to reduce service supply complexity and deal with information overload. They can handle various scenarios across all kinds of tasks and can be engaged over a variety of channels. This allows for more effortless, natural conversational engagements with the option of human handover as necessary.

Productivity Software Market SkyQuest Analysis

SkyQuest’s ABIRAW (Advanced Business Intelligence, Research & Analysis Wing) is our Business Information Services team that Collects, Collates, Co-relates and Analyzes the Data collected by means of Primary Exploratory Research backed by the robust Secondary Desk research.

According to the analysis, the global productivity software market is currently led by countries in the North America region, due to the high adoption of cutting-edge technology by local businesses in this region. Along with this, cloud based segment is projected to lead the market due to remote connectivity, dependable and secure data and information storage, as well as quick and simple access to the files and information provided by the cloud based deployment of the productivity software, over the forecast period.

Report Metric Details
Market size value in 2023 USD 47.33 billion
Market size value in 2031 USD 146.62 billion
Growth Rate 13.8%
Forecast period 2024-2031
Forecast Unit (Value) USD Billion
Segments covered
  • Solutions
    • Content Management, Collaboration, Asset Creation, AI, Predictive Analytics, Structured Work Management, Connectivity, Integration Services, Technical Support, Consulting, Coordination
  • Deployment Type
    • Cloud based, On-premise
  • Enterprise Size
    • Small & Medium Enterprises, Large Enterprises
  • End-user
    • BFSI, Telecommunications, Manufacturing, Media, Entertainment, Transportation, Retail, Other End-user Industries
Regions covered North America (US, Canada), Europe (Germany, France, United Kingdom, Italy, Spain, Rest of Europe), Asia Pacific (China, India, Japan, Rest of Asia-Pacific), Latin America (Brazil, Rest of Latin America), Middle East & Africa (South Africa, GCC Countries, Rest of MEA)
Companies covered
  • Microsoft Corporation
  • Google LLC
  • Apple Inc.
  • Oracle Corporation
  • Salesforce.com, Inc.
  • Adobe Inc.
  • Dropbox, Inc.
  • Atlassian Corporation Plc
  • Slack Technologies, Inc.
  • Asana, Inc.
  • Smartsheet Inc.
  • Monday.com Ltd.
  • Trello, Inc.
  • Evernote Corporation
  • Wrike, Inc.
  • Zoom Video Communications, Inc.
  • Zoho Corporation Pvt. Ltd.
  • Airtable, Inc.
  • Notion Labs, Inc.
  • Todoist GmbH
Customization scope

Free report customization with purchase. Customization includes:-

  • Segments by type, application, etc
  • Company profile
  • Market dynamics & outlook
  • Region

Historical Year 2019

To get a free trial access to our platform which is a one stop solution for all your data requirements for quicker decision making. This platform allows you to compare markets, competitors who are prominent in the market, and mega trends that are influencing the dynamics in the market. Also, get access to detailed SkyQuest exclusive matrix.

Buy The Complete Report to read the analyzed strategies adopted by the top vendors either to retain or gain market share

Table Of Content

Executive Summary

Market overview

  • Exhibit: Executive Summary – Chart on Market Overview
  • Exhibit: Executive Summary – Data Table on Market Overview
  • Exhibit: Executive Summary – Chart on Productivity Software Market Characteristics
  • Exhibit: Executive Summary – Chart on Market by Geography
  • Exhibit: Executive Summary – Chart on Market Segmentation
  • Exhibit: Executive Summary – Chart on Incremental Growth
  • Exhibit: Executive Summary – Data Table on Incremental Growth
  • Exhibit: Executive Summary – Chart on Vendor Market Positioning

Parent Market Analysis

Market overview

Market size

  • Market Dynamics
    • Exhibit: Impact analysis of DROC, 2021
      • Drivers
      • Opportunities
      • Restraints
      • Challenges
  • SWOT Analysis

KEY MARKET INSIGHTS

  • Technology Analysis
    • (Exhibit: Data Table: Name of technology and details)
  • Pricing Analysis
    • (Exhibit: Data Table: Name of technology and pricing details)
  • Supply Chain Analysis
    • (Exhibit: Detailed Supply Chain Presentation)
  • Value Chain Analysis
    • (Exhibit: Detailed Value Chain Presentation)
  • Ecosystem Of the Market
    • Exhibit: Parent Market Ecosystem Market Analysis
    • Exhibit: Market Characteristics of Parent Market
  • IP Analysis
    • (Exhibit: Data Table: Name of product/technology, patents filed, inventor/company name, acquiring firm)
  • Trade Analysis
    • (Exhibit: Data Table: Import and Export data details)
  • Startup Analysis
    • (Exhibit: Data Table: Emerging startups details)
  • Raw Material Analysis
    • (Exhibit: Data Table: Mapping of key raw materials)
  • Innovation Matrix
    • (Exhibit: Positioning Matrix: Mapping of new and existing technologies)
  • Pipeline product Analysis
    • (Exhibit: Data Table: Name of companies and pipeline products, regional mapping)
  • Macroeconomic Indicators

COVID IMPACT

  • Introduction
  • Impact On Economy—scenario Assessment
    • Exhibit: Data on GDP - Year-over-year growth 2016-2022 (%)
  • Revised Market Size
    • Exhibit: Data Table on Productivity Software Market size and forecast 2021-2027 ($ million)
  • Impact Of COVID On Key Segments
    • Exhibit: Data Table on Segment Market size and forecast 2021-2027 ($ million)
  • COVID Strategies By Company
    • Exhibit: Analysis on key strategies adopted by companies

MARKET DYNAMICS & OUTLOOK

  • Market Dynamics
    • Exhibit: Impact analysis of DROC, 2021
      • Drivers
      • Opportunities
      • Restraints
      • Challenges
  • Regulatory Landscape
    • Exhibit: Data Table on regulation from different region
  • SWOT Analysis
  • Porters Analysis
    • Competitive rivalry
      • Exhibit: Competitive rivalry Impact of key factors, 2021
    • Threat of substitute products
      • Exhibit: Threat of Substitute Products Impact of key factors, 2021
    • Bargaining power of buyers
      • Exhibit: buyers bargaining power Impact of key factors, 2021
    • Threat of new entrants
      • Exhibit: Threat of new entrants Impact of key factors, 2021
    • Bargaining power of suppliers
      • Exhibit: Threat of suppliers bargaining power Impact of key factors, 2021
  • Skyquest special insights on future disruptions
    • Political Impact
    • Economic impact
    • Social Impact
    • Technical Impact
    • Environmental Impact
    • Legal Impact

Market Size by Region

  • Chart on Market share by geography 2021-2027 (%)
  • Data Table on Market share by geography 2021-2027(%)
  • North America
    • Chart on Market share by country 2021-2027 (%)
    • Data Table on Market share by country 2021-2027(%)
    • USA
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • Canada
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
  • Europe
    • Chart on Market share by country 2021-2027 (%)
    • Data Table on Market share by country 2021-2027(%)
    • Germany
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • Spain
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • France
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • UK
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • Rest of Europe
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
  • Asia Pacific
    • Chart on Market share by country 2021-2027 (%)
    • Data Table on Market share by country 2021-2027(%)
    • China
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • India
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • Japan
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • South Korea
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • Rest of Asia Pacific
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
  • Latin America
    • Chart on Market share by country 2021-2027 (%)
    • Data Table on Market share by country 2021-2027(%)
    • Brazil
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • Rest of South America
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
  • Middle East & Africa (MEA)
    • Chart on Market share by country 2021-2027 (%)
    • Data Table on Market share by country 2021-2027(%)
    • GCC Countries
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • South Africa
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • Rest of MEA
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)

KEY COMPANY PROFILES

  • Competitive Landscape
    • Total number of companies covered
      • Exhibit: companies covered in the report, 2021
    • Top companies market positioning
      • Exhibit: company positioning matrix, 2021
    • Top companies market Share
      • Exhibit: Pie chart analysis on company market share, 2021(%)

Methodology

For the Productivity Software Market, our research methodology involved a mixture of primary and secondary data sources. Key steps involved in the research process are listed below:

1. Information Procurement: This stage involved the procurement of Market data or related information via primary and secondary sources. The various secondary sources used included various company websites, annual reports, trade databases, and paid databases such as Hoover's, Bloomberg Business, Factiva, and Avention. Our team did 45 primary interactions Globally which included several stakeholders such as manufacturers, customers, key opinion leaders, etc. Overall, information procurement was one of the most extensive stages in our research process.

2. Information Analysis: This step involved triangulation of data through bottom-up and top-down approaches to estimate and validate the total size and future estimate of the Productivity Software Market.

3. Report Formulation: The final step entailed the placement of data points in appropriate Market spaces in an attempt to deduce viable conclusions.

4. Validation & Publishing: Validation is the most important step in the process. Validation & re-validation via an intricately designed process helped us finalize data points to be used for final calculations. The final Market estimates and forecasts were then aligned and sent to our panel of industry experts for validation of data. Once the validation was done the report was sent to our Quality Assurance team to ensure adherence to style guides, consistency & design.

Analyst Support

Customization Options

With the given market data, our dedicated team of analysts can offer you the following customization options are available for the Productivity Software Market:

Product Analysis: Product matrix, which offers a detailed comparison of the product portfolio of companies.

Regional Analysis: Further analysis of the Productivity Software Market for additional countries.

Competitive Analysis: Detailed analysis and profiling of additional Market players & comparative analysis of competitive products.

Go to Market Strategy: Find the high-growth channels to invest your marketing efforts and increase your customer base.

Innovation Mapping: Identify racial solutions and innovation, connected to deep ecosystems of innovators, start-ups, academics, and strategic partners.

Category Intelligence: Customized intelligence that is relevant to their supply Markets will enable them to make smarter sourcing decisions and improve their category management.

Public Company Transcript Analysis: To improve the investment performance by generating new alpha and making better-informed decisions.

Social Media Listening: To analyze the conversations and trends happening not just around your brand, but around your industry as a whole, and use those insights to make better Marketing decisions.

$5,300
BUY NOW GET FREE SAMPLE
Want to customize this report?

Our industry expert will work with you to provide you with customized data in a short amount of time.

REQUEST FREE CUSTOMIZATION

FAQs

Productivity Software Market size was valued at USD 47.33 billion in 2019 and is poised to grow from USD 53.88 billion in 2023 to USD 146.62 billion by 2031, growing at a CAGR of 13.8% in the forecast period (2024-2031).

The Productivity Software Market for productivity software is highly fragmented. The players' primary tactics have continued to be the introduction of new products and improvements to current software solutions. Along with that, to deliver high productivity and a better customer experience, the businesses are concentrating on providing software solutions for workflow management, task management, content management and collaborations, AI, and predictive analytics. 'Microsoft Corporation', 'Google LLC', 'Apple Inc.', 'Oracle Corporation', 'Salesforce.com, Inc.', 'Adobe Inc.', 'Dropbox, Inc.', 'Atlassian Corporation Plc', 'Slack Technologies, Inc.', 'Asana, Inc.', 'Smartsheet Inc.', 'Monday.com Ltd.', 'Trello, Inc.', 'Evernote Corporation', 'Wrike, Inc.', 'Zoom Video Communications, Inc.', 'Zoho Corporation Pvt. Ltd.', 'Airtable, Inc.', 'Notion Labs, Inc.', 'Todoist GmbH'

Increasing adoption of internet and smart devices: Today's workplace routinely involves scheduling meetings, and the development of mobile technology has decreased the complexity and length of meetings. Mobile technological advancements have increased the use of business productivity tools. As a result, a number of suppliers of corporate productivity software have created programmes that enable users to organize and plan meetings on mobile devices like smartphones and tablets. As a result, the market for business productivity software has indirectly benefited from the rise in smartphone usage. Additionally, as IT becomes more consumer-oriented, mobile devices including smartphones, tablets, computers, and laptops are now frequently used in businesses for communication. In order to enhance user experience, productivity, and security, corporate productivity software suppliers have been compelled by the BYOD (Bring Your Own Device) concept to create cutting-edge company productivity solutions.

Smart virtual personal assistance and chatbot adoption in businesses: Smart virtual assistants are now being used in businesses for tasks including organizing meetings, taking notes, and task reminders. Virtual assistants look up information and material, respond to questions in natural language, give brief progress updates on tasks and projects and carry out surveys automatically. Chatbots aid in the automation of many complicated processes and guarantee the seamless operation of communication and collaboration services. Chatbots are made to reduce service supply complexity and deal with information overload. They can handle various scenarios across all kinds of tasks and can be engaged over a variety of channels. This allows for more effortless, natural conversational engagements with the option of human handover as necessary.

Based on the region, the North American region currently dominates the productivity software market. In terms of value, North America dominated the productivity software market in 2021. In the United States, the market for business productivity software is projected to present the most lucrative growth opportunities for revenue generation during the forecast period due to the high adoption of cutting-edge technology by local businesses, including cloud computing services, the Internet of Things, and artificial intelligence. Additionally, the availability of technical talent and the presence of top-notch IT infrastructure are the primary drivers of industry expansion in the area. Due to the growing usage of BYOD in businesses for collaboration reasons, South Asia & Pacific is anticipated to have the highest growth rate for the productivity software market over the forecast period. The region's market is expanding as a result of rising demand for bettering corporate communications networks and government measures to change ICT infrastructure.

Request Free Customization

Want to customize this report? This report can be personalized according to your needs. Our analysts and industry experts will work directly with you to understand your requirements and provide you with customized data in a short amount of time. We offer $1000 worth of FREE customization at the time of purchase.

logo-images

Feedback From Our Clients

Global Productivity Software Market

Product ID: SQSG45E2036

$5,300
BUY NOW GET FREE SAMPLE