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PUBLISHER: Grand View Research, Inc. | PRODUCT CODE: 1092476

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PUBLISHER: Grand View Research, Inc. | PRODUCT CODE: 1092476

Office Software Market Size, Share & Trends Analysis Report By Deployment, By Type (Spreadsheet Software, Word Processing Software, Visualization Software, Presentation Software), By Region, And Segment Forecasts, 2022 - 2028

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Office Software Market Growth & Trends:

The global office software market size is expected to reach USD 37.4 billion by 2028, registering a CAGR of 6.9% during the forecast period, as per a new report by Grand View Research, Inc. The growing demand for business software to manage activities and workflow, coupled with the rapid breakthroughs in the fields of Machine Learning (ML) and Artificial Intelligence (AI), are driving the market expansion. In addition, the increased use of cloud computing in corporate operations, as well as utilization of enterprise mobility, smartphones, and Bring Your Own Device (BYOD) to extend the mobile workforce, will further drive the demand for office software solutions.

Office software and solutions have gained considerable attention in recent years because of their promise to boost productivity, while also lowering expenses. Since the market for these solutions is closely tied to the requirement for process automation in many industries, the greater the global demand for process automation, the greater will be the demand for office software solutions. These considerations enable businesses and providers to concentrate on joining the office software industry since their core expertise contributes to overall business success.

The COVID-19 pandemic impacted the global office software and solutions space in enterprises of all sizes. However, the growing adoption of "work-from-home" policies by many enterprises throughout the world, as well as the need to manage their teams remotely, has increased the necessity for remote work management.

The requirement for digitization has skyrocketed as a result of remote job management. During the spread of COVID-19, small and medium-sized, as well as large enterprises have been implementing new business strategies to increase productivity. Furthermore, work-from-home norms have prompted service providers to guarantee that mission-critical corporate employees have the tools and technology they need to improve the speed, security, quality, and overall efficacy of services supplied, supporting market growth.

North America dominated the global market for office software in 2021. The digital transformation across various end-users in the region leads to the adoption of office software solutions. The early adoption of technological breakthroughs has contributed significantly to the regional market growth. Additionally, modern IT infrastructure and the availability of technical skills have further contributed to the growth of the market.

Due to the growing number of enterprises adopting office software and solutions, Asia Pacific is likely to exhibit the highest CAGR during the forecast period and substantially contribute to the global market for office software. The growing need for enterprises to track and manage business operations more efficiently is projected to drive the adoption of office software in the area.

Office Software Market Report Highlights:

  • North America accounted for the largest revenue share of over 45% in 2021, in the global market for office software. The growing demand among SMEs, regional technical sustainability, and the presence of numerous market players are contributing to the growth of the regional market
  • The cloud deployment segment dominated the market with the highest revenue share of over 61% in 2021. The current competitive landscape, as well as global economic conditions, have accelerated the adoption of cost-effective business model restructuring processes
  • In terms of software type, the spreadsheet software segment captured the largest market share in 2021, of more than 41%. The greater usage of many spreadsheet solutions among organizations to model and manipulate data sets, produce graphical representations, and influence future planning and decision-making have contributed to the growth of the segment
  • Asia Pacific is projected to witness a CAGR of 7.7% from 2022 to 2028. Adoption of office software in healthcare, IT & telecom, and BFSI domains is likely to drive substantial industry growth in the region
Product Code: GVR-4-68039-931-6

Table of Contents

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. Deployment Outlook
  • 2.3. Type Outlook
  • 2.4. Regional Outlook
  • 2.5. Competitive Insights

Chapter 3. Office 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. Industry Opportunities Analysis
  • 3.5. Business Environment Analysis
    • 3.5.1. Porter's Five Forces 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
  • 3.6. Impact of COVID-19

Chapter 4. Consumer Behavior Analysis

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

Chapter 5. Office Software Market: Deployment Estimates & Trend Analysis

  • 5.1. Deployment Movement Analysis & Market Share, 2021 & 2028
  • 5.2. Cloud
    • 5.2.1. Market Estimates and Forecast, 2017 - 2028 (USD Billion)
  • 5.3. On-Premises
    • 5.3.1. Market Estimates and Forecast, 2017 - 2028 (USD Billion)

Chapter 6. Office Software Market: Type Estimates & Trend Analysis

  • 6.1. Type Movement Analysis & Market Share, 2021 & 2028
  • 6.2. Spreadsheet Software
    • 6.2.1. Market Estimates and Forecast, 2017 - 2028 (USD Billion)
  • 6.3. Word Processing Software
    • 6.3.1. Market Estimates and Forecast, 2017 - 2028 (USD Billion)
  • 6.4. Visualization Software
    • 6.4.1. Market Estimates and Forecast, 2017 - 2028 (USD Billion)
  • 6.5. Presentation Software
    • 6.5.1. Market Estimates and Forecast, 2017 - 2028 (USD Billion)
  • 6.6. Others
    • 6.6.1. Market Estimates and Forecast, 2017 - 2028 (USD Billion)

Chapter 7. Office Software Market: Regional Estimates & Trend Analysis

  • 7.1. Regional Movement Analysis & Market Share, 2021 & 2028
  • 7.2. North America
    • 7.2.1. Market Estimates and Forecast, 2017 - 2028 (USD Billion)
    • 7.2.2. Market Estimates and Forecast, By Deployment, 2017 - 2028 (USD Billion)
    • 7.2.3. Market Estimates and Forecast, By Type, 2017 - 2028 (USD Billion)
    • 7.2.4. U.S.
      • 7.2.4.1. Market Estimates and Forecast, 2017 - 2028 (USD Billion)
      • 7.2.4.2. Market Estimates and Forecast, By Deployment, 2017 - 2028 (USD Billion)
      • 7.2.4.3. Market Estimates and Forecast, By Type, 2017 - 2028 (USD Billion)
    • 7.2.5. Canada
      • 7.2.5.1. Market Estimates and Forecast, 2017 - 2028 (USD Billion)
      • 7.2.5.2. Market Estimates and Forecast, By Deployment, 2017 - 2028 (USD Billion)
      • 7.2.5.3. Market Estimates and Forecast, By Type, 2017 - 2028 (USD Billion)
  • 7.3. Europe
    • 7.3.1. Market Estimates and Forecast, 2017 - 2028 (USD Billion)
    • 7.3.2. Market Estimates and Forecast, By Deployment, 2017 - 2028 (USD Billion)
    • 7.3.3. Market Estimates and Forecast, By Type, 2017 - 2028 (USD Billion)
    • 7.3.4. U.K.
      • 7.3.4.1. Market Estimates and Forecast, 2017 - 2028 (USD Billion)
      • 7.3.4.2. Market Estimates and Forecast, By Deployment, 2017 - 2028 (USD Billion)
      • 7.3.4.3. Market Estimates and Forecast, By Type, 2017 - 2028 (USD Billion)
    • 7.3.5. Germany
      • 7.3.5.1. Market Estimates and Forecast, 2017 - 2028 (USD Billion)
      • 7.3.5.2. Market Estimates and Forecast, By Deployment, 2017 - 2028 (USD Billion)
      • 7.3.5.3. Market Estimates and Forecast, By Type, 2017 - 2028 (USD Billion)
    • 7.3.6. France
      • 7.3.6.1. Market Estimates and Forecast, 2017 - 2028 (USD Billion)
      • 7.3.6.2. Market Estimates and Forecast, By Deployment, 2017 - 2028 (USD Billion)
      • 7.3.6.3. Market Estimates and Forecast, By Type, 2017 - 2028 (USD Billion)
  • 7.4. Asia Pacific
    • 7.4.1. Market Estimates and Forecast, 2017 - 2028 (USD Billion)
    • 7.4.2. Market Estimates and Forecast, By Deployment, 2017 - 2028 (USD Billion)
    • 7.4.3. Market Estimates and Forecast, By Type, 2017 - 2028 (USD Billion)
    • 7.4.4. China
      • 7.4.4.1. Market Estimates and Forecast, 2017 - 2028 (USD Billion)
      • 7.4.4.2. Market Estimates and Forecast, By Deployment, 2017 - 2028 (USD Billion)
      • 7.4.4.3. Market Estimates and Forecast, By Type, 2017 - 2028 (USD Billion)
    • 7.4.5. India
      • 7.4.5.1. Market Estimates and Forecast, 2017 - 2028 (USD Billion)
      • 7.4.5.2. Market Estimates and Forecast, By Deployment, 2017 - 2028 (USD Billion)
      • 7.4.5.3. Market Estimates and Forecast, By Type, 2017 - 2028 (USD Billion)
    • 7.4.6. Japan
      • 7.4.6.1. Market Estimates and Forecast, 2017 - 2028 (USD Billion)
      • 7.4.6.2. Market Estimates and Forecast, By Deployment, 2017 - 2028 (USD Billion)
      • 7.4.6.3. Market Estimates and Forecast, By Type, 2017 - 2028 (USD Billion)
  • 7.5. Central & South America
    • 7.5.1. Market Estimates and Forecast, 2017 - 2028 (USD Billion)
    • 7.5.2. Market Estimates and Forecast, By Deployment, 2017 - 2028 (USD Billion)
    • 7.5.3. Market Estimates and Forecast, By Type, 2017 - 2028 (USD Billion)
    • 7.5.4. Brazil
      • 7.5.4.1. Market Estimates and Forecast, 2017 - 2028 (USD Billion)
      • 7.5.4.2. Market Estimates and Forecast, By Deployment, 2017 - 2028 (USD Billion)
      • 7.5.4.3. Market Estimates and Forecast, By Type, 2017 - 2028 (USD Billion)
    • 7.5.5. Argentina
      • 7.5.5.1. Market Estimates and Forecast, 2017 - 2028 (USD Billion)
      • 7.5.5.2. Market Estimates and Forecast, By Deployment, 2017 - 2028 (USD Billion)
      • 7.5.5.3. Market Estimates and Forecast, By Type, 2017 - 2028 (USD Billion)
  • 7.6. Middle East & Africa
    • 7.6.1. Market Estimates and Forecast, 2017 - 2028 (USD Billion)
    • 7.6.2. Market Estimates and Forecast, By Deployment, 2017 - 2028 (USD Billion)
    • 7.6.3. Market Estimates and Forecast, By Type, 2017 - 2028 (USD Billion)
    • 7.6.4. GCC
      • 7.6.4.1. Market Estimates and Forecast, 2017 - 2028 (USD Billion)
      • 7.6.4.2. Market Estimates and Forecast, By Deployment, 2017 - 2028 (USD Billion)
      • 7.6.4.3. Market Estimates and Forecast, By Type, 2017 - 2028 (USD Billion)
    • 7.6.5. South Africa
      • 7.6.5.1. Market Estimates and Forecast, 2017 - 2028 (USD Billion)
      • 7.6.5.2. Market Estimates and Forecast, By Deployment, 2017 - 2028 (USD Billion)
      • 7.6.5.3. Market Estimates and Forecast, By Type, 2017 - 2028 (USD Billion)

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. Microsoft Corporation
    • 9.1.1. Company Overview
    • 9.1.2. Financial Performance
    • 9.1.3. Product Benchmarking
    • 9.1.4. Strategic Initiatives
  • 9.2. Google LLC
    • 9.2.1. Company Overview
    • 9.2.2. Financial Performance
    • 9.2.3. Product Benchmarking
    • 9.2.4. Strategic Initiatives
  • 9.3. Oracle Corporation
    • 9.3.1. Company Overview
    • 9.3.2. Financial Performance
    • 9.3.3. Product Benchmarking
    • 9.3.4. Strategic Initiatives
  • 9.4. Salesforce.com, Inc.
    • 9.4.1. Company Overview
    • 9.4.2. Financial Performance
    • 9.4.3. Product Benchmarking
    • 9.4.4. Strategic Initiatives
  • 9.5. VMWARE, INC.
    • 9.5.1. Company Overview
    • 9.5.2. Financial Performance
    • 9.5.3. Product Benchmarking
    • 9.5.4. Strategic Initiatives
  • 9.6. Symantec Corporation
    • 9.6.1. Company Overview
    • 9.6.2. Financial Performance
    • 9.6.3. Product Benchmarking
    • 9.6.4. Strategic Initiatives
  • 9.7. Dell EMC
    • 9.7.1. Company Overview
    • 9.7.2. Financial Performance
    • 9.7.3. Product Benchmarking
    • 9.7.4. Strategic Initiatives
  • 9.8. Hewlett Packard Co. (HP Inc.)
    • 9.8.1. Company Overview
    • 9.8.2. Financial Performance
    • 9.8.3. Product Benchmarking
    • 9.8.4. Strategic Initiatives
  • 9.9. International Business Machines (IBM) Corp.
    • 9.9.1. Company Overview
    • 9.9.2. Financial Performance
    • 9.9.3. Product Benchmarking
    • 9.9.4. Strategic Initiatives
  • 9.10. Citrix Systems Inc.
    • 9.10.1. Company Overview
    • 9.10.2. Financial Performance
    • 9.10.3. Product Benchmarking
    • 9.10.4. Strategic Initiatives
Product Code: GVR-4-68039-931-6

List of Tables

  • 1. Office Software Market - Key market driver analysis
  • 2. Office Software Market - Key market restraint analysis
  • 3. Global Office Software Market Estimates and Forecast By Cloud, from 2017 - 2028 (USD Billion)
  • 4. Global Office Software Market Estimates and Forecast By On-Premises, from 2017 - 2028 (USD Billion)
  • 5. Global Office Software Market Estimates and Forecast By Spreadsheet Software, from 2017 - 2028 (USD Billion)
  • 6. Global Office Software Market Estimates and Forecast By Word Processing Software, from 2017 - 2028 (USD Billion)
  • 7. Global Office Software Market Estimates and Forecast By Visualization Software, from 2017 - 2028 (USD Billion)
  • 8. Global Office Software Market Estimates and Forecast By Presentation Software, from 2017 - 2028 (USD Billion)
  • 9. Global Office Software Market Estimates and Forecast By Others, from 2017 - 2028 (USD Billion)
  • 10. Global Office Software Market Estimates and Forecast, By region 2017 - 2028 (USD Billion)
  • 11. Global Office Software Market Estimates and Forecast By Deployment, 2017 - 2028 (USD Billion)
  • 12. Global Office Software Market Estimates and Forecast By Type, 2017 - 2028 (USD Billion)
  • 13. North America Office Software Market Estimates and Forecast, 2017 - 2028 (USD Billion)
  • 14. North America Office Software Market Estimates and Forecast, By Deployment, 2017 - 2028 (USD Billion)
  • 15. North America Office Software Market Estimates and Forecast, By Type, 2017 - 2028 (USD Billion)
  • 16. U.S. Office Software Market Estimates and Forecast, 2017 - 2028 (USD Billion)
  • 17. U.S. Office Software Market Estimates and Forecast By Deployment, 2017 - 2028 (USD Billion)
  • 18. U.S. Office Software Market Estimates and Forecast By Type, 2017 - 2028 (USD Billion)
  • 19. Canada Office Software Market Estimates and Forecast, 2017 - 2028 (USD Billion)
  • 20. Canada Office Software Market Estimates and Forecast By Deployment, 2017 - 2028 (USD Billion)
  • 21. Canada Office Software Market Estimates and Forecast By Type, 2017 - 2028 (USD Billion)
  • 22. Europe Office Software Market Estimates and Forecast, 2017 - 2028 (USD Billion)
  • 23. Europe Office Software Market Estimates and Forecast By Deployment, 2017 - 2028 (USD Billion)
  • 24. Europe Office Software Market Estimates and Forecast By Type, 2017 - 2028 (USD Billion)
  • 25. U.K. Office Software Market Estimates and Forecast, 2017 - 2028 (USD Billion)
  • 26. U.K. Office Software Market Estimates and Forecast By Deployment, 2017 - 2028 (USD Billion)
  • 27. U.K. Office Software Market Estimates and Forecast By Type, 2017 - 2028 (USD Billion)
  • 28. Germany Office Software Market Estimates and Forecast, 2017 - 2028 (USD Billion)
  • 29. Germany Office Software Market Estimates and Forecast By Deployment, 2017 - 2028 (USD Billion)
  • 30. Germany Office Software Market Estimates and Forecast By Type, 2017 - 2028 (USD Billion)
  • 31. France Office Software Market Estimates and Forecast, 2017 - 2028 (USD Billion)
  • 32. France Office Software Market Estimates and Forecast By Deployment, 2017 - 2028 (USD Billion)
  • 33. France Office Software Market Estimates and Forecast By Type, 2017 - 2028 (USD Billion)
  • 34. Asia Pacific Office Software Market Estimates and Forecast, 2017 - 2028 (USD Billion)
  • 35. Asia Pacific Office Software Market Estimates and Forecast By Deployment, 2017 - 2028 (USD Billion)
  • 36. Asia Pacific Office Software Market Estimates and Forecast By Type, 2017 - 2028 (USD Billion)
  • 37. China Office Software Market Estimates and Forecast, 2017 - 2028 (USD Billion)
  • 38. China Office Software Market Estimates and Forecast By Deployment, 2017 - 2028 (USD Billion)
  • 39. China Office Software Market Estimates and Forecast By Type, 2017 - 2028 (USD Billion)
  • 40. India Office Software Market Estimates and Forecast, 2017 - 2028 (USD Billion)
  • 41. India Office Software Market Estimates and Forecast By Deployment, 2017 - 2028 (USD Billion)
  • 42. India Office Software Market Estimates and Forecast By Type, 2017 - 2028 (USD Billion)
  • 43. Japan Office Software Market Estimates and Forecast, 2017 - 2028 (USD Billion)
  • 44. Japan Office Software Market Estimates and Forecast By Deployment, 2017 - 2028 (USD Billion)
  • 45. Japan Office Software Market Estimates and Forecast By Type, 2017 - 2028 (USD Billion)
  • 46. Central & South America Office Software Market Estimates and Forecast, 2017 - 2028 (USD Billion)
  • 47. Central & South America Office Software Market Estimates and Forecast By Deployment, 2017 - 2028 (USD Billion)
  • 48. Central & South America Office Software Market Estimates and Forecast By Type, 2017 - 2028 (USD Billion)
  • 49. Brazil Office Software Market Estimates and Forecast, 2017 - 2028 (USD Billion)
  • 50. Brazil Office Software Market Estimates and Forecast By Deployment, 2017 - 2028 (USD Billion)
  • 51. Brazil Office Software Market Estimates and Forecast By Type, 2017 - 2028 (USD Billion)
  • 52. Argentina Office Software Market Estimates and Forecast, 2017 - 2028 (USD Billion)
  • 53. Argentina Office Software Market Estimates and Forecast By Deployment, 2017 - 2028 (USD Billion)
  • 54. Argentina Office Software Market Estimates and Forecast By Type, 2017 - 2028 (USD Billion)
  • 55. Middle East & Africa Office Software Market Estimates and Forecast, 2017 - 2028 (USD Billion)
  • 56. Middle East & Africa Office Software Market Estimates and Forecast By Deployment, 2017 - 2028 (USD Billion)
  • 57. Middle East & Africa Office Software Market Estimates and Forecast By Type, 2017 - 2028 (USD Billion)
  • 58. GCC Office Software Market Estimates and Forecast, 2017 - 2028 (USD Billion)
  • 59. GCC Office Software Market Estimates and Forecast By Deployment, 2017 - 2028 (USD Billion)
  • 60. GCC Office Software Market Estimates and Forecast By Type, 2017 - 2028 (USD Billion)
  • 61. South Africa Office Software Market Estimates and Forecast, 2017 - 2028 (USD Billion)
  • 62. South Africa Office Software Market Estimates and Forecast By Deployment, 2017 - 2028 (USD Billion)
  • 63. South Africa Office Software Market Estimates and Forecast By Type, 2017 - 2028 (USD Billion)
  • 64. Vendor landscape

List of Figures

  • 1. Office Software Market Snapshot
  • 2. Office Software Market Segmentation & Scope
  • 3. Office Software Market Penetration & Growth Prospect Mapping
  • 4. Office Software Market Value Chain Analysis
  • 5. Office Software Market Dynamics
  • 6. Office Software Market: Porter's Five Forces Analysis
  • 7. Office Software Market: Deployment Movement Analysis
  • 8. Office Software Market: Type Movement Analysis
  • 9. Office Software Market: Regional Movement Analysis
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+32-2-535-7543

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Christine Sirois

Manager - Americas

+1-860-674-8796

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