PUBLISHER: The Business Research Company | PRODUCT CODE: 1706149
PUBLISHER: The Business Research Company | PRODUCT CODE: 1706149
Productivity software encompasses a class of applications and tools engineered to enhance efficiency, streamline workflows, and proficiently manage tasks for individuals, teams, and organizations. These software solutions boast a broad spectrum of features tailored to elevate productivity across professional and personal spheres.
The primary variants of productivity software are cloud-based and on-premises. Cloud-based denotes a computing paradigm wherein software, data storage, and computational resources are accessed via the internet rather than residing locally on a user's device or on-site servers. These diverse solutions span content management, collaboration, asset creation, artificial intelligence, predictive analytics, structured work management, connectivity, integration services, technical support, and other applications, catering to a myriad of sectors such as small and medium enterprises, large corporations, and various end-users including banking, financial services, insurance, government, healthcare, retail, manufacturing, information technology, telecommunications, among others.
The productivity software market research report is one of a series of new reports from The Business Research Company that provides productivity software market statistics, including productivity software industry global market size, regional shares, competitors with a productivity software market share, detailed productivity software market segments, market trends, and opportunities, and any further data you may need to thrive in the productivity software industry. This productivity software research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenarios of the industry.
The productivity software market size has grown rapidly in recent years. It will grow from $64.93 billion in 2024 to $75.52 billion in 2025 at a compound annual growth rate (CAGR) of 16.3%. The growth in the historic period can be attributed to the demand for efficiency and time management, the emergence of early software, rising expectations for user-friendly interfaces, the rise of knowledge work, and globalization and remote work.
The productivity software market size is expected to see rapid growth in the next few years. It will grow to $136.92 billion in 2029 at a compound annual growth rate (CAGR) of 16.0%. The growth in the forecast period can be attributed to increased focus on employee well-being, growth of hybrid work models, increasing demand for productivity software, growing emphasis on ethical data handling, and integration with artificial intelligence (AI). Major trends in the forecast period include augmented reality (AR) and virtual reality (VR) integration, unified collaboration platforms, blockchain integration for data security, mobile-first design, and integration with IoT devices.
The increasing number of remote workers is expected to drive the growth of the productivity software market. Remote workers are individuals who carry out their job duties outside of a traditional office setting, often from locations of their choosing, such as home, co-working spaces, or other remote environments. The number of remote workers is growing due to technological advancements, shifting attitudes toward work-life balance, and the global pandemic, which accelerated the adoption of flexible work arrangements. Productivity software enables remote workers to collaborate effectively, manage tasks efficiently, and stay productive regardless of their physical location. For example, in February 2023, The Office for National Statistics, a Wales-based non-ministerial department, reported that between September 2022 and January 2023, 16% of individuals in Great Britain worked exclusively from home, while 28% worked both from home and commuted to their workplace. As a result, the rise of remote workers is driving the expansion of the productivity software market.
Key players in the productivity software market are concentrating on innovating solutions such as warehouse productivity software to enhance operational efficiency and streamline processes across diverse industries. Warehouse productivity software, a specialized application, aims to optimize warehouse operations by automating tasks such as inventory management, order fulfillment, shipping, and receiving, while providing real-time data insights. For instance, in March 2024, JLT Mobile Computers AB launched JLT Insights warehouse productivity software, leveraging real-time data from sensors embedded in their rugged JLT6012 Series of forklift-mounted computers. This data is then processed, contextualized, and shared via an intuitive dashboard, enabling warehouse managers to preempt issues and make data-driven decisions to enhance efficiency.
In August 2024, eProductivity Software LLC, a US-based software development firm, acquired Enterprise Print Management Solutions (EPMS) for an undisclosed amount. This acquisition is intended to broaden eProductivity Software's presence in the North American SMB print sector and enhance its product portfolio by combining EPMS' management information system (MIS) solutions with ePS' advanced technology and industry expertise. Enterprise Print Management Solutions (EPMS) is a US-based provider of productivity software tailored for the print and packaging industries.
Major companies operating in the productivity software market are Apple Inc., Google LLC, Microsoft Corporation, International Business Machines Corporation, Oracle Corporation, Salesforce.com Inc., Adobe Inc., Zoom Video Communications Inc., Atlassian Corporation Plc, Dropbox Inc., Slack Technologies Inc., Smartsheet Inc., Monday.com Ltd., Notion Labs Inc., Asana Inc., Wrike Inc., Airtable Inc., Kdan Mobile Software Ltd., Evernote Corporation, Zoho Corporation Pvt. Ltd., Trello Inc., OffiDocs Group OU, iDoneThis Inc., Statdash LLC, ProofHub LLC
North America was the largest region in the productivity software market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the productivity software market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
The countries covered in the productivity software market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.
The productivity software market includes revenues earned by entities by providing services such as document creation and editing, task and project management, time and resource management, note-taking and information management, email and communication management, and customization and integration. The market value includes the value of related goods sold by the service provider or included within the service offering. Only goods and services traded between entities or sold to end consumers are included.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
Productivity Software Global Market Report 2025 from The Business Research Company provides strategists, marketers and senior management with the critical information they need to assess the market.
This report focuses on productivity software market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.
Where is the largest and fastest growing market for productivity software ? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? The productivity software market global report from the Business Research Company answers all these questions and many more.
The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market's historic and forecast market growth by geography.
The forecasts are made after considering the major factors currently impacting the market. These include the Russia-Ukraine war, rising inflation, higher interest rates, and the legacy of the COVID-19 pandemic.