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Software Market Size, Share & Trends Analysis Report, By Type, By Deployment Mode (On-premises Software, Cloud-based Software), By Region, And Segment Forecasts, 2022 - 2028

May 2022 | 78 pages | ID: S43B27CC07B4EN
Grand View Research, Inc.

US$ 4,950.00

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Software Market Growth & Trends

The global software market size was estimated to reach USD 91.6 billion by 2028 and is expected to grow at a CAGR of 8.7% from 2022 to 2028, according to a new report by Grand View Research, Inc. The increase in the volume of enterprise information, growing automation of business processes, and rising digitization are the major factor driving the growth of the software market. In addition, rising network security and privacy concerns are other factors driving the software market. However, high costs of licensing and support are the major restraining factor for the software market. Most of the key players working in the market implement different strategies such as collaboration and acquisition to grab maximum share in the software market. For instance, McAfee has collaborated with Atlassian for innovative information security and risk protection for clients seeing to accelerate their move to the cloud.

The COVID-19 pandemic has positively impacted the software market. According to Palo Alto Networks, at the end of March 2020, about 40,261 doubtful registered domain names were recognized. Besides, the usage of similar business email addresses has also become a popular choice of cybercriminals to conduct attacks. Additionally, the shift toward a remote working model has also augmented the threat of cyber-attack across enterprises. The mounting concern of cyber threats has encouraged various enterprises to adopt software solutions and configure malware protection, detection, and mitigation strategies, thereby fueling market growth.

The subscriptions segment contributed to the global market revenue share of over 50% in 2021. For various businesses, subscription-based software licensing makes it easier to understand and allot costs for distinct business units or departments. As per the survey, most of the companies are planning to move to subscription software in the next 18 months. Therefore, the demand for subscriptions is high and thus contributes more to the market revenue.

On-premises software accounted for the largest market share of over 70% in 2021. The main reason for the large demand for on-premises software is the regulatory, compliance, and security needs. On-premises solutions also permit hands-on ownership and control of security monitoring, which provides flexible and adaptive security. Thus, the on-premises segment contributes more to the market revenue.

North America accounted for the largest market share of around 40% in 2021. According to International Data Corporation (IDC) data, the U.S. was the major country in the world that contributed largely to revenue generation for the software market. Increased spending on software solutions by large enterprises and SMEs in the region contributed to large revenue generation. Besides, the increasing stringency of data privacy and security standards and policies are the factors that contribute to more revenue generation in North America.

Software Market Report Highlights
  • Asia Pacific is forecast to grow with the highest CAGR of 9.4% from 2022 to 2028. The various governments in the Asia Pacific are striking new laws relating to cybersecurity to decrease the effect of cyber phishing, malware, and other cybersecurity threats. Thus, the software demand in the Asia Pacific is rapidly growing and is expected to grow at the fastest CAGR over the forecast period
  • Endpoint, network, messaging, and web security segments are likely to register the highest CAGR of 9.2% from 2022 to 2028. It allows constant detection and response to advance cyber-attack and significantly improves threat detection, security monitoring, and incident response abilities for companies across verticals
  • Cloud-based software is likely to register the highest CAGR of 9.2% from 2022 to 2028. Working on a subscription basis and centrally located on a remote cloud network, cloud-based software is becoming the go-to for many organizations for a variety of reasons, such as flexibility and affordability

CHAPTER 1. METHODOLOGY AND SCOPE

1.1. Research Methodology
1.2. Research Scope & Assumptions
1.3. List of Data Sources
1.4. List of Abbreviations

CHAPTER 2. EXECUTIVE SUMMARY

2.1. Market Outlook
2.2. Type Outlook
2.3. Deployment Mode Outlook
2.4. Regional Outlook

CHAPTER 3. SOFTWARE MARKET VARIABLES, TRENDS & SCOPE

3.1 Market Segmentation
3.2 Penetration & Growth Prospect Mapping
3.3 Value Chain Analysis
3.4 Market Dynamics
  3.4.1 Market Driver Analysis
  3.4.2 Market restraint Analysis
  3.4.3 Market Opportunities Analysis
3.5 Business Environment Analysis
  3.5.1 Porter’s Analysis
    3.5.1.1 Threat of New Entrants
    3.5.1.2 Bargaining Power of Suppliers
    3.5.1.3 Bargaining Power of Buyers
    3.5.1.4 Threat of Substitutes
    3.5.1.5 Competitive Rivalry
  3.5.2 PESTLE Analysis
    3.5.2.1 Political Landscape
    3.5.2.2 Environmental Landscape
    3.5.2.3 Social Landscape
    3.5.2.4. Technology Landscape
    3.5.2.5 Economic Landscape
    3.5.2.6 Legal Landscape

CHAPTER 4. CONSUMER BEHAVIOR ANALYSIS

4.1. Consumer Trends and Preferences
4.2. Factors Affecting Buying Decision
4.3. Consumer Type Adoption
4.4. Observations & Recommendations

CHAPTER 5. SOFTWARE MARKET: TYPE ESTIMATES & TREND ANALYSIS

5.1. Type Movement Analysis & Market Share, 2020 & 2028
5.2. Subscriptions
  5.2.1. Market Estimates And Forecast, 2017 - 2028 (USD Million)
5.3. Endpoint, Network, Messaging, and Web Security
  5.3.1. Market Estimates And Forecast, 2017 - 2028 (USD Million)
5.4. Identity and Access Management
  5.4.1. Market Estimates And Forecast, 2017 - 2028 (USD Million)
5.5. Risk Management
  5.5.1. Market Estimates And Forecast, 2017 - 2028 (USD Million)

CHAPTER 6. SOFTWARE MARKET: DEPLOYMENT MODE ESTIMATES & TREND ANALYSIS

6.1. Deployment Mode Movement Analysis & Market Share, 2020 & 2028
6.2. On-premises Software
  6.2.1. Market Estimates And Forecast, 2017 - 2028 (USD Million)
6.3. Cloud-based Software
  6.3.1. Market Estimates And Forecast, 2017 - 2028 (USD Million)

CHAPTER 7. SOFTWARE MARKET: REGIONAL ESTIMATES & TREND ANALYSIS

7.1. Regional Movement Analysis & Market Share, 2020 & 2028
7.2. North America
  7.2.1. Market Estimates And Forecast, 2017 - 2028 (USD Million)
  7.2.2. Market Estimates And Forecast, By Type, 2017 - 2028 (USD Million)
  7.2.3. Market Estimates And Forecast, By Deployment Mode, 2017 - 2028 (USD Million)
  7.2.4. U.S.
    7.2.4.1. Market Estimates And Forecast, 2017 - 2028 (USD Million)
    7.2.4.2. Market Estimates And Forecast, By Type, 2017 - 2028 (USD Million)
    7.2.4.3. Market Estimates And Forecast, By Deployment Mode, 2017 - 2028 (USD Million)
  7.2.5. Canada
    7.2.5.1. Market Estimates And Forecast, 2017 - 2028 (USD Million)
    7.2.5.2. Market Estimates And Forecast, By Type, 2017 - 2028 (USD Million)
    7.2.5.3. Market Estimates And Forecast, By Deployment Mode, 2017 - 2028 (USD Million)
7.3. Europe
  7.3.1. Market Estimates And Forecast, 2017 - 2028 (USD Million)
  7.3.2. Market Estimates And Forecast, By Type, 2017 - 2028 (USD Million)
  7.3.3. Market Estimates And Forecast, By Deployment Mode, 2017 - 2028 (USD Million)
  7.3.4. U.K.
    7.3.4.1. Market Estimates And Forecast, 2017 - 2028 (USD Million)
    7.3.4.2. Market Estimates And Forecast, By Type, 2017 - 2028 (USD Million)
    7.3.4.3. Market Estimates And Forecast, By Deployment Mode, 2017 - 2028 (USD Million)
  7.3.5. Germany
    7.3.5.1. Market Estimates And Forecast, 2017 - 2028 (USD Million)
    7.3.5.2. Market Estimates And Forecast, By Type, 2017 - 2028 (USD Million)
    7.3.5.3. Market Estimates And Forecast, By Deployment Mode, 2017 - 2028 (USD Million)
  7.3.6. France
    7.3.6.1. Market Estimates And Forecast, 2017 - 2028 (USD Million)
    7.3.6.2. Market Estimates And Forecast, By Type, 2017 - 2028 (USD Million)
    7.3.6.3. Market Estimates And Forecast, By Deployment Mode, 2017 - 2028 (USD Million)
7.4. Asia Pacific
  7.4.1. Market Estimates And Forecast, 2017 - 2028 (USD Million)
  7.4.2. Market Estimates And Forecast, By Type, 2017 - 2028 (USD Million)
  7.4.3. Market Estimates And Forecast, By Deployment Mode, 2017 - 2028 (USD Million)
  7.4.4. China
    7.4.4.1. Market Estimates And Forecast, 2017 - 2028 (USD Million)
    7.4.4.2. Market Estimates And Forecast, By Type, 2017 - 2028 (USD Million)
    7.4.4.3. Market Estimates And Forecast, By Deployment Mode, 2017 - 2028 (USD Million)
  7.4.5. India
    7.4.5.1. Market Estimates And Forecast, 2017 - 2028 (USD Million)
    7.4.5.2. Market Estimates And Forecast, By Type, 2017 - 2028 (USD Million)
    7.4.5.3. Market Estimates And Forecast, By Deployment Mode, 2017 - 2028 (USD Million)
  7.4.6. Japan
    7.4.6.1. Market Estimates And Forecast, 2017 - 2028 (USD Million)
    7.4.6.2. Market Estimates And Forecast, By Type, 2017 - 2028 (USD Million)
    7.4.6.3. Market Estimates And Forecast, By Deployment Mode, 2017 - 2028 (USD Million)
7.5. Central & South America
  7.5.1. Market Estimates And Forecast, 2017 - 2028 (USD Million)
  7.5.2. Market Estimates And Forecast, By Type, 2017 - 2028 (USD Million)
  7.5.3. Market Estimates And Forecast, By Deployment Mode, 2017 - 2028 (USD Million)
  7.5.4. Brazil
    7.5.4.1. Market Estimates And Forecast, 2017 - 2028 (USD Million)
    7.5.4.2. Market Estimates And Forecast, By Type, 2017 - 2028 (USD Million)
    7.5.4.3. Market Estimates And Forecast, By Deployment Mode, 2017 - 2028 (USD Million)
  7.5.5. Argentina
    7.5.5.1. Market Estimates And Forecast, 2017 - 2028 (USD Million)
    7.5.5.2. Market Estimates And Forecast, By Type, 2017 - 2028 (USD Million)
    7.5.5.3. Market Estimates And Forecast, By Deployment Mode, 2017 - 2028 (USD Million)
7.6. Middle East & Africa
  7.6.1. Market Estimates And Forecast, 2017 - 2028 (USD Million)
  7.6.2. Market Estimates And Forecast, By Type, 2017 - 2028 (USD Million)
  7.6.3. Market Estimates And Forecast, By Deployment Mode, 2017 - 2028 (USD Million)
  7.6.4. Saudi Arabia
    7.6.4.1. Market Estimates And Forecast, 2017 - 2028 (USD Million)
    7.6.4.2. Market Estimates And Forecast, By Type, 2017 - 2028 (USD Million)
    7.6.4.3. Market Estimates And Forecast, By Deployment Mode, 2017 - 2028 (USD Million)
  7.6.5. South Africa
    7.6.5.1. Market Estimates And Forecast, 2017 - 2028 (USD Million)
    7.6.5.2. Market Estimates And Forecast, By Type, 2017 - 2028 (USD Million)
    7.6.5.3. Market Estimates And Forecast, By Deployment Mode, 2017 - 2028 (USD Million)

CHAPTER 8. COMPETITIVE ANALYSIS

8.1. Key Global Players, Recent Developments & their Impact on the Industry
8.2. Key Company/Competition Categorization (Key Innovators, Market Leaders, Emerging Players)
8.3. Vendor Landscape
  8.3.1. Key company market share analysis, 2021

CHAPTER 9. COMPANY PROFILES

9.1. IBM Corporation
  9.1.1. Company Overview
  9.1.2. Financial Performance
  9.1.3. Product Benchmarking
  9.1.4. Strategic Initiatives
9.2. McAfee Corporation
  9.2.1. Company Overview
  9.2.2. Financial Performance
  9.2.3. Product Benchmarking
  9.2.4. Strategic Initiatives
9.3. NortonLifeLock Inc.
  9.3.1. Company Overview
  9.3.2. Financial Performance
  9.3.3. Product Benchmarking
  9.3.4. Strategic Initiatives
9.4. Microsoft Corporation
  9.4.1. Company Overview
  9.4.2. Financial Performance
  9.4.3. Product Benchmarking
  9.4.4. Strategic Initiatives
9.5. Oracle Corporation
  9.5.1. Company Overview
  9.5.2. Financial Performance
  9.5.3. Product Benchmarking
  9.5.4. Strategic Initiatives
9.6. SAP SE
  9.6.1. Company Overview
  9.6.2. Financial Performance
  9.6.3. Product Benchmarking
  9.6.4. Strategic Initiatives
9.7. Adobe Inc,
  9.7.1. Company Overview
  9.7.2. Financial Performance
  9.7.3. Product Benchmarking
  9.7.4. Strategic Initiatives
9.8. VMware Inc.
  9.8.1. Company Overview
  9.8.2. Financial Performance
  9.8.3. Product Benchmarking
  9.8.4. Strategic Initiatives
9.9. Square Inc.
  9.9.1. Company Overview
  9.9.2. Financial Performance
  9.9.3. Product Benchmarking
  9.9.4. Strategic Initiatives
9.10. Intuit Inc.
  9.10.1. Company Overview
  9.10.2. Financial Performance
  9.10.3. Product Benchmarking
  9.10.4. Strategic Initiatives

LIST OF TABLES

1. Software Market - Key Market Driver Analysis
2. Software Market - Key Market Restraint Analysis
3. Global Subscriptions Software Market Estimates And Forecast By Type, from 2017 - 2028 (USD Million)
4. Global Endpoint, Network, Messaging, and Web Security Software Market Estimates And Forecast By Type, from 2017 - 2028 (USD Million)
5. Global Identity and Access Management Software Market Estimates And Forecast By Type, from 2017 - 2028 (USD Million)
6. Global Risk Management Software Market Estimates And Forecast By Type, from 2017 - 2028 (USD Million)
7. Global Software Market Estimates And Forecast By On-premises Software, from 2017 - 2028 (USD Million)
8. Global Software Market Estimates And Forecast By Cloud-based Software, from 2017 - 2028 (USD Million)
9. Global Software Market Estimates And Forecast, By region 2017 - 2028 (USD Million)
10. Global Software Market Estimates And Forecast By Type, 2017 - 2028 (USD Million)
11. Global Software Market Estimates And Forecast By Deployment Mode, 2017 - 2028 (USD Million)
12. North America Software Market Estimates And Forecast, 2017 - 2028 (USD Million)
13. North America Software Market Estimates And Forecast, By Type, 2017 - 2028 (USD Million)
14. North America Software Market Estimates And Forecast, By Deployment Mode, 2017 - 2028 (USD Million)
15. U.S. Software Market Estimates And Forecast, 2017 - 2028 (USD Million)
16. U.S. Software Market Estimates And Forecast By Type, 2017 - 2028 (USD Million)
17. U.S. Software Market Estimates And Forecast By Deployment Mode, 2017 - 2028 (USD Million)
18. Canada Software Market Estimates And Forecast, 2017 - 2028 (USD Million)
19. Canada Software Market Estimates And Forecast By Type, 2017 - 2028 (USD Million)
20. Canada Software Market Estimates And Forecast By Deployment Mode, 2017 - 2028 (USD Million)
21. Europe Software Market Estimates And Forecast, 2017 - 2028 (USD Million)
22. Europe Software Market Estimates And Forecast By Type, 2017 - 2028 (USD Million)
23. Europe Software Market Estimates And Forecast By Deployment Mode, 2017 - 2028 (USD Million)
24. U.K. Software Market Estimates And Forecast, 2017 - 2028 (USD Million)
25. U.K. Software Market Estimates And Forecast By Type, 2017 - 2028 (USD Million)
26. U.K. Software Market Estimates And Forecast By Deployment Mode, 2017 - 2028 (USD Million)
27. Germany Software Market Estimates And Forecast, 2017 - 2028 (USD Million)
28. Germany Software Market Estimates And Forecast By Type, 2017 - 2028 (USD Million)
29. Germany Software Market Estimates And Forecast By Deployment Mode, 2017 - 2028 (USD Million)
30. France Software Market Estimates And Forecast, 2017 - 2028 (USD Million)
31. France Software Market Estimates And Forecast By Type, 2017 - 2028 (USD Million)
32. France Software Market Estimates And Forecast By Deployment Mode, 2017 - 2028 (USD Million)
33. Asia Pacific Software Market Estimates And Forecast, 2017 - 2028 (USD Million)
34. Asia Pacific Software Market Estimates And Forecast By Type, 2017 - 2028 (USD Million)
35. Asia Pacific Software Market Estimates And Forecast By Deployment Mode, 2017 - 2028 (USD Million)
36. China Software Market Estimates And Forecast, 2017 - 2028 (USD Million)
37. China Software Market Estimates And Forecast By Type, 2017 - 2028 (USD Million)
38. China Software Market Estimates And Forecast By Deployment Mode, 2017 - 2028 (USD Million)
39. India Software Market Estimates And Forecast, 2017 - 2028 (USD Million)
40. India Software Market Estimates And Forecast By Type, 2017 - 2028 (USD Million)
41. India Software Market Estimates And Forecast By Deployment Mode, 2017 - 2028 (USD Million)
42. Japan Software Market Estimates And Forecast, 2017 - 2028 (USD Million)
43. Japan Software Market Estimates And Forecast By Type, 2017 - 2028 (USD Million)
44. Japan Software Market Estimates And Forecast By Deployment Mode, 2017 - 2028 (USD Million)
45. Central & South America Software Market Estimates And Forecast, 2017 - 2028 (USD Million)
46. Central & South America Software Market Estimates And Forecast By Type, 2017 - 2028 (USD Million)
47. Central & South America Software Market Estimates And Forecast By Deployment Mode, 2017 - 2028 (USD Million)
48. Brazil Software Market Estimates And Forecast, 2017 - 2028 (USD Million)
49. Brazil Software Market Estimates And Forecast By Type, 2017 - 2028 (USD Million)
50. Brazil Software Market Estimates And Forecast By Deployment Mode, 2017 - 2028 (USD Million)
51. Argentina Software Market Estimates And Forecast, 2017 - 2028 (USD Million)
52. Argentina Software Market Estimates And Forecast By Type, 2017 - 2028 (USD Million)
53. Argentina Software Market Estimates And Forecast By Deployment Mode, 2017 - 2028 (USD Million)
54. Middle East & Africa Software Market Estimates And Forecast, 2017 - 2028 (USD Million)
55. Middle East & Africa Software Market Estimates And Forecast By Type, 2017 - 2028 (USD Million)
56. Middle East & Africa Software Market Estimates And Forecast By Deployment Mode, 2017 - 2028 (USD Million)
57. Saudi Arabia Software Market Estimates And Forecast, 2017 - 2028 (USD Million)
58. Saudi Arabia Software Market Estimates And Forecast By Type, 2017 - 2028 (USD Million)
59. Saudi Arabia Software Market Estimates And Forecast By Deployment Mode, 2017 - 2028 (USD Million)
60. South Africa Software Market Estimates And Forecast, 2017 - 2028 (USD Million)
61. South Africa Software Market Estimates And Forecast By Type, 2017 - 2028 (USD Million)
62. South Africa Software Market Estimates And Forecast By Deployment Mode, 2017 - 2028 (USD Million)
63. Vendor landscape

LIST OF FIGURES

1. Software Market Snapshot
2. Software Market Segmentation & Scope
3. Software Market Penetration & Growth Prospect Mapping
4. Software Market Value Chain Analysis
5. Software Market Dynamics
6. Software Market Porter's Analysis
7. Software Market: Type Movement Analysis
8. Software Market: Deployment Mode Movement Analysis
9. Software Market: Regional Movement Analysis


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