Global SMB Software Market 2023-2027

Description

List of Tables

Technavio has been monitoring the SMB software market and is forecast to grow by USD 57.76 bn during 2022-2027, accelerating at a CAGR of 7.41% during the forecast period. Our report on the SMB software market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.

The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by increasing demand for cloud-based applications, growing need to enhance business efficiency, and encouraging remote working conditions.

Technavio's SMB software market is segmented as below:

By Deployment

On premise
Cloud

By Application

Media
Telecommunication
Consultants
Law firms

By Geographical Landscape

North America
Europe
APAC
South America
Middle East and Africa

This study identifies the increasing m and a, partnerships, and collaborations as one of the prime reasons driving the SMB software market growth during the next few years. Also, integration of AI into SMB software and rising adoption of advanced technologies will lead to sizable demand in the market.

Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters. Our report on the SMB software market covers the following areas:

SMB software market sizing
SMB software market forecast
SMB software market industry analysis

Technavio's robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading SMB software market vendors that include Accenture Plc, Acumatica Inc., Alfresco Software Ltd., Cisco Systems Inc., Epicor Software Corp., IFS World Operations AB, Infor Inc., International Business Machines Corp., Microsoft Corp., Newgen Software Technologies Ltd., Open Text Corp., Roper Technologies Inc., Sage Group Plc, SAP SE, SYSPRO Pty. Ltd., TOTVS SA, Unit4 Group Holding B.V., Workday Inc., Xero Ltd., and Oracle Corp. Also, the SMB software market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.

Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. Technavio's market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth.

Product Code: IRTNTR71085

1 Executive Summary

1.1 Market overview
Exhibit 01: Executive Summary - Chart on Market Overview
Exhibit 02: Executive Summary - Data Table on Market Overview
Exhibit 03: Executive Summary - Chart on Global Market Characteristics
Exhibit 04: Executive Summary - Chart on Market By Geographical Landscape
Exhibit 05: Executive Summary - Chart on Market Segmentation by Deployment
Exhibit 06: Executive Summary - Chart on Market Segmentation by Application
Exhibit 07: Executive Summary - Chart on Incremental Growth
Exhibit 08: Executive Summary - Data Table on Incremental Growth
Exhibit 09: Executive Summary - Chart on Vendor Market Positioning

2 Market Landscape

2.1 Market ecosystem
Exhibit 10: Parent market
Exhibit 11: Market Characteristics

3 Market Sizing

3.1 Market definition
Exhibit 12: Offerings of vendors included in the market definition
3.2 Market segment analysis
Exhibit 13: Market segments
3.3 Market size 2022
3.4 Market outlook: Forecast for 2022-2027
Exhibit 14: Chart on Global - Market size and forecast 2022-2027 ($ billion)
Exhibit 15: Data Table on Global - Market size and forecast 2022-2027 ($ billion)
Exhibit 16: Chart on Global Market: Year-over-year growth 2022-2027 (%)
Exhibit 17: Data Table on Global Market: Year-over-year growth 2022-2027 (%)

4 Historic Market Size

4.1 Global SMB software market 2017 - 2021
Exhibit 18: Historic Market Size - Data Table on Global SMB software market 2017 - 2021 ($ billion)
4.2 Deployment Segment Analysis 2017 - 2021
Exhibit 19: Historic Market Size - Deployment Segment 2017 - 2021 ($ billion)
4.3 Application Segment Analysis 2017 - 2021
Exhibit 20: Historic Market Size - Application Segment 2017 - 2021 ($ billion)
4.4 Geography Segment Analysis 2017 - 2021
Exhibit 21: Historic Market Size - Geography Segment 2017 - 2021 ($ billion)
4.5 Country Segment Analysis 2017 - 2021
Exhibit 22: Historic Market Size - Country Segment 2017 - 2021 ($ billion)

5 Five Forces Analysis

5.1 Five forces summary
Exhibit 23: Five forces analysis - Comparison between 2022 and 2027
5.2 Bargaining power of buyers
Exhibit 24: Chart on Bargaining power of buyers - Impact of key factors 2022 and 2027
5.3 Bargaining power of suppliers
Exhibit 25: Bargaining power of suppliers - Impact of key factors in 2022 and 2027
5.4 Threat of new entrants
Exhibit 26: Threat of new entrants - Impact of key factors in 2022 and 2027
5.5 Threat of substitutes
Exhibit 27: Threat of substitutes - Impact of key factors in 2022 and 2027
5.6 Threat of rivalry
Exhibit 28: Threat of rivalry - Impact of key factors in 2022 and 2027
5.7 Market condition
Exhibit 29: Chart on Market condition - Five forces 2022 and 2027

6 Market Segmentation by Deployment

6.1 Market segments
Exhibit 30: Chart on Deployment - Market share 2022-2027 (%)
Exhibit 31: Data Table on Deployment - Market share 2022-2027 (%)
6.2 Comparison by Deployment
Exhibit 32: Chart on Comparison by Deployment
Exhibit 33: Data Table on Comparison by Deployment
6.3 On premise - Market size and forecast 2022-2027
Exhibit 34: Chart on On premise - Market size and forecast 2022-2027 ($ billion)
Exhibit 35: Data Table on On premise - Market size and forecast 2022-2027 ($ billion)
Exhibit 36: Chart on On premise - Year-over-year growth 2022-2027 (%)
Exhibit 37: Data Table on On premise - Year-over-year growth 2022-2027 (%)
6.4 Cloud - Market size and forecast 2022-2027
Exhibit 38: Chart on Cloud - Market size and forecast 2022-2027 ($ billion)
Exhibit 39: Data Table on Cloud - Market size and forecast 2022-2027 ($ billion)
Exhibit 40: Chart on Cloud - Year-over-year growth 2022-2027 (%)
Exhibit 41: Data Table on Cloud - Year-over-year growth 2022-2027 (%)
6.5 Market opportunity by Deployment
Exhibit 42: Market opportunity by Deployment ($ billion)
Exhibit 43: Data Table on Market opportunity by Deployment ($ billion)

7 Market Segmentation by Application

7.1 Market segments
Exhibit 44: Chart on Application - Market share 2022-2027 (%)
Exhibit 45: Data Table on Application - Market share 2022-2027 (%)
7.2 Comparison by Application
Exhibit 46: Chart on Comparison by Application
Exhibit 47: Data Table on Comparison by Application
7.3 Media - Market size and forecast 2022-2027
Exhibit 48: Chart on Media - Market size and forecast 2022-2027 ($ billion)
Exhibit 49: Data Table on Media - Market size and forecast 2022-2027 ($ billion)
Exhibit 50: Chart on Media - Year-over-year growth 2022-2027 (%)
Exhibit 51: Data Table on Media - Year-over-year growth 2022-2027 (%)
7.4 Telecommunication - Market size and forecast 2022-2027
Exhibit 52: Chart on Telecommunication - Market size and forecast 2022-2027 ($ billion)
Exhibit 53: Data Table on Telecommunication - Market size and forecast 2022-2027 ($ billion)
Exhibit 54: Chart on Telecommunication - Year-over-year growth 2022-2027 (%)
Exhibit 55: Data Table on Telecommunication - Year-over-year growth 2022-2027 (%)
7.5 Consultants - Market size and forecast 2022-2027
Exhibit 56: Chart on Consultants - Market size and forecast 2022-2027 ($ billion)
Exhibit 57: Data Table on Consultants - Market size and forecast 2022-2027 ($ billion)
Exhibit 58: Chart on Consultants - Year-over-year growth 2022-2027 (%)
Exhibit 59: Data Table on Consultants - Year-over-year growth 2022-2027 (%)
7.6 Law firms - Market size and forecast 2022-2027
Exhibit 60: Chart on Law firms - Market size and forecast 2022-2027 ($ billion)
Exhibit 61: Data Table on Law firms - Market size and forecast 2022-2027 ($ billion)
Exhibit 62: Chart on Law firms - Year-over-year growth 2022-2027 (%)
Exhibit 63: Data Table on Law firms - Year-over-year growth 2022-2027 (%)
7.7 Market opportunity by Application
Exhibit 64: Market opportunity by Application ($ billion)
Exhibit 65: Data Table on Market opportunity by Application ($ billion)

8 Customer Landscape

8.1 Customer landscape overview
Exhibit 66: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

9 Geographic Landscape

9.1 Geographic segmentation
Exhibit 67: Chart on Market share By Geographical Landscape 2022-2027 (%)
Exhibit 68: Data Table on Market share By Geographical Landscape 2022-2027 (%)
9.2 Geographic comparison
Exhibit 69: Chart on Geographic comparison
Exhibit 70: Data Table on Geographic comparison
9.3 North America - Market size and forecast 2022-2027
Exhibit 71: Chart on North America - Market size and forecast 2022-2027 ($ billion)
Exhibit 72: Data Table on North America - Market size and forecast 2022-2027 ($ billion)
Exhibit 73: Chart on North America - Year-over-year growth 2022-2027 (%)
Exhibit 74: Data Table on North America - Year-over-year growth 2022-2027 (%)
9.4 Europe - Market size and forecast 2022-2027
Exhibit 75: Chart on Europe - Market size and forecast 2022-2027 ($ billion)
Exhibit 76: Data Table on Europe - Market size and forecast 2022-2027 ($ billion)
Exhibit 77: Chart on Europe - Year-over-year growth 2022-2027 (%)
Exhibit 78: Data Table on Europe - Year-over-year growth 2022-2027 (%)
9.5 APAC - Market size and forecast 2022-2027
Exhibit 79: Chart on APAC - Market size and forecast 2022-2027 ($ billion)
Exhibit 80: Data Table on APAC - Market size and forecast 2022-2027 ($ billion)
Exhibit 81: Chart on APAC - Year-over-year growth 2022-2027 (%)
Exhibit 82: Data Table on APAC - Year-over-year growth 2022-2027 (%)
9.6 South America - Market size and forecast 2022-2027
Exhibit 83: Chart on South America - Market size and forecast 2022-2027 ($ billion)
Exhibit 84: Data Table on South America - Market size and forecast 2022-2027 ($ billion)
Exhibit 85: Chart on South America - Year-over-year growth 2022-2027 (%)
Exhibit 86: Data Table on South America - Year-over-year growth 2022-2027 (%)
9.7 Middle East and Africa - Market size and forecast 2022-2027
Exhibit 87: Chart on Middle East and Africa - Market size and forecast 2022-2027 ($ billion)
Exhibit 88: Data Table on Middle East and Africa - Market size and forecast 2022-2027 ($ billion)
Exhibit 89: Chart on Middle East and Africa - Year-over-year growth 2022-2027 (%)
Exhibit 90: Data Table on Middle East and Africa - Year-over-year growth 2022-2027 (%)
9.8 US - Market size and forecast 2022-2027
Exhibit 91: Chart on US - Market size and forecast 2022-2027 ($ billion)
Exhibit 92: Data Table on US - Market size and forecast 2022-2027 ($ billion)
Exhibit 93: Chart on US - Year-over-year growth 2022-2027 (%)
Exhibit 94: Data Table on US - Year-over-year growth 2022-2027 (%)
9.9 Canada - Market size and forecast 2022-2027
Exhibit 95: Chart on Canada - Market size and forecast 2022-2027 ($ billion)
Exhibit 96: Data Table on Canada - Market size and forecast 2022-2027 ($ billion)
Exhibit 97: Chart on Canada - Year-over-year growth 2022-2027 (%)
Exhibit 98: Data Table on Canada - Year-over-year growth 2022-2027 (%)
9.10 UK - Market size and forecast 2022-2027
Exhibit 99: Chart on UK - Market size and forecast 2022-2027 ($ billion)
Exhibit 100: Data Table on UK - Market size and forecast 2022-2027 ($ billion)
Exhibit 101: Chart on UK - Year-over-year growth 2022-2027 (%)
Exhibit 102: Data Table on UK - Year-over-year growth 2022-2027 (%)
9.11 China - Market size and forecast 2022-2027
Exhibit 103: Chart on China - Market size and forecast 2022-2027 ($ billion)
Exhibit 104: Data Table on China - Market size and forecast 2022-2027 ($ billion)
Exhibit 105: Chart on China - Year-over-year growth 2022-2027 (%)
Exhibit 106: Data Table on China - Year-over-year growth 2022-2027 (%)
9.12 Germany - Market size and forecast 2022-2027
Exhibit 107: Chart on Germany - Market size and forecast 2022-2027 ($ billion)
Exhibit 108: Data Table on Germany - Market size and forecast 2022-2027 ($ billion)
Exhibit 109: Chart on Germany - Year-over-year growth 2022-2027 (%)
Exhibit 110: Data Table on Germany - Year-over-year growth 2022-2027 (%)
9.13 Market opportunity By Geographical Landscape
Exhibit 111: Market opportunity By Geographical Landscape ($ billion)
Exhibit 112: Data Tables on Market opportunity By Geographical Landscape ($ billion)

10 Drivers, Challenges, and Trends

10.1 Market drivers
10.2 Market challenges
10.3 Impact of drivers and challenges
Exhibit 113: Impact of drivers and challenges in 2022 and 2027
10.4 Market trends

11 Vendor Landscape

11.1 Overview
11.2 Vendor landscape
Exhibit 114: Overview on Criticality of inputs and Factors of differentiation
11.3 Landscape disruption
Exhibit 115: Overview on factors of disruption
11.4 Industry risks
Exhibit 116: Impact of key risks on business

12 Vendor Analysis

12.1 Vendors covered
Exhibit 117: Vendors covered
12.2 Market positioning of vendors
Exhibit 118: Matrix on vendor position and classification
12.3 Acumatica Inc.
Exhibit 119: Acumatica Inc. - Overview
Exhibit 120: Acumatica Inc. - Product / Service
Exhibit 121: Acumatica Inc. - Key offerings
12.4 Cisco Systems Inc.
Exhibit 122: Cisco Systems Inc. - Overview
Exhibit 123: Cisco Systems Inc. - Business segments
Exhibit 124: Cisco Systems Inc. - Key news
Exhibit 125: Cisco Systems Inc. - Key offerings
Exhibit 126: Cisco Systems Inc. - Segment focus
12.5 Epicor Software Corp.
Exhibit 127: Epicor Software Corp. - Overview
Exhibit 128: Epicor Software Corp. - Product / Service
Exhibit 129: Epicor Software Corp. - Key offerings
12.6 IFS World Operations AB
Exhibit 130: IFS World Operations AB - Overview
Exhibit 131: IFS World Operations AB - Product / Service
Exhibit 132: IFS World Operations AB - Key offerings
12.7 Infor Inc.
Exhibit 133: Infor Inc. - Overview
Exhibit 134: Infor Inc. - Product / Service
Exhibit 135: Infor Inc. - Key news
Exhibit 136: Infor Inc. - Key offerings
12.8 International Business Machines Corp.
Exhibit 137: International Business Machines Corp. - Overview
Exhibit 138: International Business Machines Corp. - Business segments
Exhibit 139: International Business Machines Corp. - Key offerings
Exhibit 140: International Business Machines Corp. - Segment focus
12.9 Microsoft Corp.
Exhibit 141: Microsoft Corp. - Overview
Exhibit 142: Microsoft Corp. - Business segments
Exhibit 143: Microsoft Corp. - Key news
Exhibit 144: Microsoft Corp. - Key offerings
Exhibit 145: Microsoft Corp. - Segment focus
12.10 Oracle Corp.
Exhibit 146: Oracle Corp. - Overview
Exhibit 147: Oracle Corp. - Business segments
Exhibit 148: Oracle Corp. - Key news
Exhibit 149: Oracle Corp. - Key offerings
Exhibit 150: Oracle Corp. - Segment focus
12.11 Roper Technologies Inc.
Exhibit 151: Roper Technologies Inc. - Overview
Exhibit 152: Roper Technologies Inc. - Business segments
Exhibit 153: Roper Technologies Inc. - Key offerings
Exhibit 154: Roper Technologies Inc. - Segment focus
12.12 Sage Group Plc
Exhibit 155: Sage Group Plc - Overview
Exhibit 156: Sage Group Plc - Business segments
Exhibit 157: Sage Group Plc - Key offerings
Exhibit 158: Sage Group Plc - Segment focus
12.13 SAP SE
Exhibit 159: SAP SE - Overview
Exhibit 160: SAP SE - Business segments
Exhibit 161: SAP SE - Key news
Exhibit 162: SAP SE - Key offerings
Exhibit 163: SAP SE - Segment focus
12.14 SYSPRO Pty. Ltd.
Exhibit 164: SYSPRO Pty. Ltd. - Overview
Exhibit 165: SYSPRO Pty. Ltd. - Product / Service
Exhibit 166: SYSPRO Pty. Ltd. - Key offerings
12.15 TOTVS SA
Exhibit 167: TOTVS SA - Overview
Exhibit 168: TOTVS SA - Product / Service
Exhibit 169: TOTVS SA - Key offerings
12.16 Unit4 Group Holding B.V.
Exhibit 170: Unit4 Group Holding B.V. - Overview
Exhibit 171: Unit4 Group Holding B.V. - Product / Service
Exhibit 172: Unit4 Group Holding B.V. - Key offerings
12.17 Workday Inc.
Exhibit 173: Workday Inc. - Overview
Exhibit 174: Workday Inc. - Product / Service
Exhibit 175: Workday Inc. - Key news
Exhibit 176: Workday Inc. - Key offerings

13 Appendix

13.1 Scope of the report
13.2 Inclusions and exclusions checklist
Exhibit 177: Inclusions checklist
Exhibit 178: Exclusions checklist
13.3 Currency conversion rates for US$
Exhibit 179: Currency conversion rates for US$
13.4 Research methodology
Exhibit 180: Research methodology
Exhibit 181: Validation techniques employed for market sizing
Exhibit 182: Information sources
13.5 List of abbreviations
Exhibit 183: List of abbreviations