The global revenue in the 'Administrative Software' segment of the software market was forecast to continuously increase between 2024 and 2029 by in total 2.1 billion U.S. dollars (+14.17 percent). After the ninth consecutive increasing year, the revenue is estimated to reach 16.91 billion U.S. dollars and therefore a new peak in 2029. Notably, the revenue of the 'Administrative Software' segment of the software market was continuously increasing over the past years.
Data provided by Statista Market Insights are estimates.
Definition:
The Administrative Software market covers software applications that are used to manage various administrative tasks and processes within an organization such as administration of IT infrastructure, standalone (non-ERP based) human resources management, and payroll management.
Products in the Administrative Software market can be obtained in two ways: as on-premises software that is sold via a transactional license or a subscription and as cloud-based software (software as a service/ SaaS) that is most frequently sold as a subscription.
Additional Information:
The Administrative Software market comprises revenue and revenue growth as the key performance indicators. Only revenues that are generated by primary vendors at the manufacturer price level either directly or through distribution channels (excluding value-added tax) are included, and revenues generated by resellers are excluded. Revenues are generated through both online and offline sales channels and include spending by consumers (B2C), enterprises (B2B) as well as governments (B2G).
Key players in this market include Workday, Intuit, and ServiceNow.
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Statista. (September 12, 2024). Administrative tool market market revenue in the World from 2020 to 2029 (in billion U.S. Dollars)* [Graph]. In Statista. Retrieved December 22, 2024, from https://www.statista.com/forecasts/966058/administrative-tool-market-revenue-in-the-world
Statista. "Administrative tool market market revenue in the World from 2020 to 2029 (in billion U.S. Dollars)*." Chart. September 12, 2024. Statista. Accessed December 22, 2024. https://www.statista.com/forecasts/966058/administrative-tool-market-revenue-in-the-world
Statista. (2024). Administrative tool market market revenue in the World from 2020 to 2029 (in billion U.S. Dollars)*. Statista. Statista Inc.. Accessed: December 22, 2024. https://www.statista.com/forecasts/966058/administrative-tool-market-revenue-in-the-world
Statista. "Administrative Tool Market Market Revenue in The World from 2020 to 2029 (in Billion U.S. Dollars)*." Statista, Statista Inc., 12 Sep 2024, https://www.statista.com/forecasts/966058/administrative-tool-market-revenue-in-the-world
Statista, Administrative tool market market revenue in the World from 2020 to 2029 (in billion U.S. Dollars)* Statista, https://www.statista.com/forecasts/966058/administrative-tool-market-revenue-in-the-world (last visited December 22, 2024)
Administrative tool market market revenue in the World from 2020 to 2029 (in billion U.S. Dollars)* [Graph], Statista, September 12, 2024. [Online]. Available: https://www.statista.com/forecasts/966058/administrative-tool-market-revenue-in-the-world
