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Global Vertical Software Market Size Study & Forecast, by Organization Size (Small and Medium Enterprise, Large Enterprise), By End-User Industry (BFSI, Legal and Government, Entertainment and Hospitality, Healthcare, Farming and Agriculture, Others), and Regional Analysis, 2023-2030

May 2023 | 200 pages | ID: GC906447C9ECEN
Bizwit Research & Consulting LLP

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Global Vertical Software Market is valued at approximately USD XX billion in 2022 and is anticipated to grow with a healthy growth rate of more than XX% over the forecast period 2023-2030.
Vertical software refers to 'vertical market software' or 'industry-specific software' that is specialized software programs created to meet the unique requirements of a particular industry or vertical market. Vertical software is designed to offer sector-specific functionality, features, and tools that are pertinent and necessary for operating companies. Vertical software is gaining high traction in industries such as legal and government, entertainment and hospitality, healthcare, farming and agriculture, and many others. The market growth is driven by the factors such as rising emphasis on enhancing customer experience, increasing industry-specific regulations and compliance requirements, and growing awareness and adoption of cloud computing.

In addition, the growing trend of automation across various industries is acting as a catalyzing factor for market growth across the globe. Automation is becoming increasingly important in various industries to improve efficiency, reduce manual errors, and optimize workflows. According to Statista, in 2020, the industrial automation sector was estimated to account for USD 175 billion worldwide, which is projected to reach USD 265 billion by 2025. Vertical software can provide automation capabilities tailored to specific industries, helping businesses automate their processes and achieve higher levels of efficiency. Consequentially, these aforementioned factors are propelling the growth of the Vertical Software Market during the estimated period. Moreover, industry-specific innovation and digital transformation, as well as increasing technological advancements present various lucrative opportunities over the forecasting years. However, the unavailability of skilled professionals and the implementation complexities are hampering the market growth throughout the forecast period of 2023-2030.

The key regions considered for the Global Vertical Software Market study include Asia Pacific, North America, Europe, Latin America, and Middle East & Africa. North America dominated the market in 2022 owing to the growing adoption of mobile and remote work and the presence of well-established market players. Whereas, Asia Pacific is expected to grow with the highest CAGR during the forecast period, owing to factors such as surging demand for automation software, increasing focus on industry-specific data management and analytics, and geographic expansion of key players.

Major market players included in this report are:
Constellation Software Inc.
Verisk Analytics Inc.
Athena
Bio-Logic Inc.
vetBadger
FastBound
Mail Technologies Inc
Granular
FarmBite
RenderForest

Recent Developments in the Market:
In February 2023, the embedded insurance platform reported that it has raised a further USD 2 million, increasing its total seed capital to USD 6 million. Along with Greenlight Re Innovations, Daren Cotter and other strategic angel investors led the additional fundraising. Customers of such platforms are offered white-label insurance products from Vertical Insure that are integrated into their vertical SaaS platforms.
In November 2022, Prismforce- the vertical SaaS startup announced that Sequoia Capital India has provided it with USD 13.6 million in Series A funding. The funds help Prismforce grow its talent base, strengthen its product line, and increase its marketability. In the USA and India, Prismforce has live installations at some of the top IT providers and fastest-growing digital specialists.

Global Vertical Software Market Report Scope:
Historical Data – 2020 - 2021
Base Year for Estimation – 2022
Forecast period - 2023-2030
Report Coverage - Revenue forecast, Company Ranking, Competitive Landscape, Growth factors, and Trends
Segments Covered - Organization Size, End-User Industry, Region
Regional Scope - North America; Europe; Asia Pacific; Latin America; Middle East & Africa
Customization Scope - Free report customization (equivalent up to 8 analyst’s working hours) with purchase. Addition or alteration to country, regional & segment scope*

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within countries involved in the study.

The report also caters detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, it also incorporates potential opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:

By Organization Size:
Small and Medium Enterprise
Large Enterprise
By End-User Industry:
BFSI
Legal and Government
Entertainment and Hospitality
Healthcare
Farming and Agriculture
Others
By Region:

North America
U.S.
Canada

Europe
UK
Germany
France
Spain
Italy
ROE

Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC

Latin America
Brazil
Mexico

Middle East & Africa
Saudi Arabia
South Africa
Rest of Middle East & Africa
CHAPTER 1. EXECUTIVE SUMMARY

1.1. Market Snapshot
1.2. Global & Segmental Market Estimates & Forecasts, 2020-2030 (USD Billion)
  1.2.1. Vertical Software Market, by Region, 2020-2030 (USD Billion)
  1.2.2. Vertical Software Market, by Organization Size, 2020-2030 (USD Billion)
  1.2.3. Vertical Software Market, by End-User Industry, 2020-2030 (USD Billion)
1.3. Key Trends
1.4. Estimation Methodology
1.5. Research Assumption

CHAPTER 2. GLOBAL VERTICAL SOFTWARE MARKET DEFINITION AND SCOPE

2.1. Objective of the Study
2.2. Market Definition & Scope
  2.2.1. Industry Evolution
  2.2.2. Scope of the Study
2.3. Years Considered for the Study
2.4. Currency Conversion Rates

CHAPTER 3. GLOBAL VERTICAL SOFTWARE MARKET DYNAMICS

3.1. Vertical Software Market Impact Analysis (2020-2030)
  3.1.1. Market Drivers
    3.1.1.1. Rising emphasis on enhancing customer experience
    3.1.1.2. Growing trend of automation across various industries
  3.1.2. Market Challenges
    3.1.2.1. Unavailability of skilled professionals
    3.1.2.2. Implementation complexities
  3.1.3. Market Opportunities
    3.1.3.1. Industry-specific innovation and digital transformation
    3.1.3.2. Increasing technological advancements

CHAPTER 4. GLOBAL VERTICAL SOFTWARE MARKET INDUSTRY ANALYSIS

4.1. Porter’s 5 Force Model
  4.1.1. Bargaining Power of Suppliers
  4.1.2. Bargaining Power of Buyers
  4.1.3. Threat of New Entrants
  4.1.4. Threat of Substitutes
  4.1.5. Competitive Rivalry
4.2. Porter’s 5 Force Impact Analysis
4.3. PEST Analysis
  4.3.1. Political
  4.3.2. Economical
  4.3.3. Social
  4.3.4. Technological
  4.3.5. Environmental
  4.3.6. Legal
4.4. Top investment opportunity
4.5. Top winning strategies
4.6. COVID-19 Impact Analysis
4.7. Disruptive Trends
4.8. Industry Expert Perspective
4.9. Analyst Recommendation & Conclusion

CHAPTER 5. GLOBAL VERTICAL SOFTWARE MARKET, BY ORGANIZATION SIZE

5.1. Market Snapshot
5.2. Global Vertical Software Market by Organization Size, Performance - Potential Analysis
5.3. Global Vertical Software Market Estimates & Forecasts by Organization Size 2020-2030 (USD Billion)
5.4. Vertical Software Market, Sub Segment Analysis
  5.4.1. Small and Medium Enterprise
  5.4.2. Large Enterprise

CHAPTER 6. GLOBAL VERTICAL SOFTWARE MARKET, BY END-USER INDUSTRY

6.1. Market Snapshot
6.2. Global Vertical Software Market by End-User Industry, Performance - Potential Analysis
6.3. Global Vertical Software Market Estimates & Forecasts by End-User Industry 2020-2030 (USD Billion)
6.4. Vertical Software Market, Sub Segment Analysis
  6.4.1. BFSI
  6.4.2. Legal and Government
  6.4.3. Entertainment and Hospitality
  6.4.4. Healthcare
  6.4.5. Farming and Agriculture
  6.4.6. Others

CHAPTER 7. GLOBAL VERTICAL SOFTWARE MARKET, REGIONAL ANALYSIS

7.1. Top Leading Countries
7.2. Top Emerging Countries
7.3. Vertical Software Market, Regional Market Snapshot
7.4. North America Vertical Software Market
  7.4.1. U.S. Vertical Software Market
    7.4.1.1. Organization Size breakdown estimates & forecasts, 2020-2030
    7.4.1.2. End-User Industry breakdown estimates & forecasts, 2020-2030
  7.4.2. Canada Vertical Software Market
7.5. Europe Vertical Software Market Snapshot
  7.5.1. U.K. Vertical Software Market
  7.5.2. Germany Vertical Software Market
  7.5.3. France Vertical Software Market
  7.5.4. Spain Vertical Software Market
  7.5.5. Italy Vertical Software Market
  7.5.6. Rest of Europe Vertical Software Market
7.6. Asia-Pacific Vertical Software Market Snapshot
  7.6.1. China Vertical Software Market
  7.6.2. India Vertical Software Market
  7.6.3. Japan Vertical Software Market
  7.6.4. Australia Vertical Software Market
  7.6.5. South Korea Vertical Software Market
  7.6.6. Rest of Asia Pacific Vertical Software Market
7.7. Latin America Vertical Software Market Snapshot
  7.7.1. Brazil Vertical Software Market
  7.7.2. Mexico Vertical Software Market
7.8. Middle East & Africa Vertical Software Market
  7.8.1. Saudi Arabia Vertical Software Market
  7.8.2. South Africa Vertical Software Market
  7.8.3. Rest of Middle East & Africa Vertical Software Market

CHAPTER 8. COMPETITIVE INTELLIGENCE

8.1. Key Company SWOT Analysis
  8.1.1. Company
  8.1.2. Company
  8.1.3. Company
8.2. Top Market Strategies
8.3. Company Profiles
  8.3.1. Constellation Software Inc.
    8.3.1.1. Key Information
    8.3.1.2. Overview
    8.3.1.3. Financial (Subject to Data Availability)
    8.3.1.4. Product Summary
    8.3.1.5. Recent Developments
  8.3.2. Verisk Analytics Inc.
  8.3.3. Athena
  8.3.4. Bio-Logic Inc.
  8.3.5. vetBadger
  8.3.6. FastBound
  8.3.7. Mail Technologies Inc
  8.3.8. Granular
  8.3.9. FarmBite
  8.3.10. RenderForest

CHAPTER 9. RESEARCH PROCESS

9.1. Research Process
  9.1.1. Data Mining
  9.1.2. Analysis
  9.1.3. Market Estimation
  9.1.4. Validation
  9.1.5. Publishing
9.2. Research Attributes
9.3. Research Assumption
LIST OF TABLES

TABLE 1. Global Vertical Software Market, report scope
TABLE 2. Global Vertical Software Market estimates & forecasts by Region 2020-2030 (USD Billion)
TABLE 3. Global Vertical Software Market estimates & forecasts by Organization Size 2020-2030 (USD Billion)
TABLE 4. Global Vertical Software Market estimates & forecasts by End-User Industry 2020-2030 (USD Billion)
TABLE 5. Global Vertical Software Market by segment, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 6. Global Vertical Software Market by region, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 7. Global Vertical Software Market by segment, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 8. Global Vertical Software Market by region, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 9. Global Vertical Software Market by segment, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 10. Global Vertical Software Market by region, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 11. Global Vertical Software Market by segment, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 12. Global Vertical Software Market by region, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 13. Global Vertical Software Market by segment, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 14. Global Vertical Software Market by region, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 15. U.S. Vertical Software Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 16. U.S. Vertical Software Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 17. U.S. Vertical Software Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 18. Canada Vertical Software Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 19. Canada Vertical Software Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 20. Canada Vertical Software Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 21. UK Vertical Software Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 22. UK Vertical Software Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 23. UK Vertical Software Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 24. Germany Vertical Software Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 25. Germany Vertical Software Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 26. Germany Vertical Software Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 27. France Vertical Software Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 28. France Vertical Software Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 29. France Vertical Software Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 30. Italy Vertical Software Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 31. Italy Vertical Software Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 32. Italy Vertical Software Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 33. Spain Vertical Software Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 34. Spain Vertical Software Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 35. Spain Vertical Software Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 36. RoE Vertical Software Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 37. RoE Vertical Software Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 38. RoE Vertical Software Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 39. China Vertical Software Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 40. China Vertical Software Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 41. China Vertical Software Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 42. India Vertical Software Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 43. India Vertical Software Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 44. India Vertical Software Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 45. Japan Vertical Software Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 46. Japan Vertical Software Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 47. Japan Vertical Software Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 48. South Korea Vertical Software Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 49. South Korea Vertical Software Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 50. South Korea Vertical Software Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 51. Australia Vertical Software Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 52. Australia Vertical Software Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 53. Australia Vertical Software Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 54. RoAPAC Vertical Software Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 55. RoAPAC Vertical Software Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 56. RoAPAC Vertical Software Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 57. Brazil Vertical Software Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 58. Brazil Vertical Software Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 59. Brazil Vertical Software Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 60. Mexico Vertical Software Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 61. Mexico Vertical Software Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 62. Mexico Vertical Software Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 63. RoLA Vertical Software Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 64. RoLA Vertical Software Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 65. RoLA Vertical Software Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 66. Saudi Arabia Vertical Software Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 67. South Africa Vertical Software Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 68. RoMEA Vertical Software Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 69. List of secondary sources, used in the study of global Vertical Software Market
TABLE 70. List of primary sources, used in the study of global Vertical Software Market
TABLE 71. Years considered for the study
TABLE 72. Exchange rates considered
List of tables and figures and dummy in nature, final lists may vary in the final deliverable
LIST OF FIGURES

FIG 1. Global Vertical Software Market, research methodology
FIG 2. Global Vertical Software Market, Market estimation techniques
FIG 3. Global Market size estimates & forecast methods
FIG 4. Global Vertical Software Market, key trends 2022
FIG 5. Global Vertical Software Market, growth prospects 2023-2030
FIG 6. Global Vertical Software Market, porters 5 force model
FIG 7. Global Vertical Software Market, pest analysis
FIG 8. Global Vertical Software Market, value chain analysis
FIG 9. Global Vertical Software Market by segment, 2020 & 2030 (USD Billion)
FIG 10. Global Vertical Software Market by segment, 2020 & 2030 (USD Billion)
FIG 11. Global Vertical Software Market by segment, 2020 & 2030 (USD Billion)
FIG 12. Global Vertical Software Market by segment, 2020 & 2030 (USD Billion)
FIG 13. Global Vertical Software Market by segment, 2020 & 2030 (USD Billion)
FIG 14. Global Vertical Software Market, regional snapshot 2020 & 2030
FIG 15. North America Vertical Software Market 2020 & 2030 (USD Billion)
FIG 16. Europe Vertical Software Market 2020 & 2030 (USD Billion)
FIG 17. Asia pacific Vertical Software Market 2020 & 2030 (USD Billion)
FIG 18. Latin America Vertical Software Market 2020 & 2030 (USD Billion)
FIG 19. Middle East & Africa Vertical Software Market 2020 & 2030 (USD Billion)
List of tables and figures and dummy in nature, final lists may vary in the final deliverable


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