The global revenue in the 'Office Software' segment of the software market was forecast to continuously increase between 2024 and 2029 by in total 4.6 billion U.S. dollars (+16.12 percent). After the ninth consecutive increasing year, the revenue is estimated to reach 33.09 billion U.S. dollars and therefore a new peak in 2029. Notably, the revenue of the 'Office Software' segment of the software market was continuously increasing over the past years.
Data provided by Statista Market Insights are estimates.
Definition:
The Office Software market covers software applications that are used for productivity and work-related tasks in an office environment such as word processing, spreadsheet management, and presentation creation in both personal and professional environments.
Products in the Office 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 Office 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 Microsoft and Google.
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Statista. (September 12, 2024). Revenue of the office software market worldwide from 2020 to 2029 (in billion U.S. dollars) [Graph]. In Statista. Retrieved November 21, 2024, from https://www.statista.com/forecasts/966254/office-software-market-revenue-in-the-world
Statista. "Revenue of the office software market worldwide from 2020 to 2029 (in billion U.S. dollars)." Chart. September 12, 2024. Statista. Accessed November 21, 2024. https://www.statista.com/forecasts/966254/office-software-market-revenue-in-the-world
Statista. (2024). Revenue of the office software market worldwide from 2020 to 2029 (in billion U.S. dollars). Statista. Statista Inc.. Accessed: November 21, 2024. https://www.statista.com/forecasts/966254/office-software-market-revenue-in-the-world
Statista. "Revenue of The Office Software Market Worldwide from 2020 to 2029 (in Billion U.S. Dollars)." Statista, Statista Inc., 12 Sep 2024, https://www.statista.com/forecasts/966254/office-software-market-revenue-in-the-world
Statista, Revenue of the office software market worldwide from 2020 to 2029 (in billion U.S. dollars) Statista, https://www.statista.com/forecasts/966254/office-software-market-revenue-in-the-world (last visited November 21, 2024)
Revenue of the office software market worldwide from 2020 to 2029 (in billion U.S. dollars) [Graph], Statista, September 12, 2024. [Online]. Available: https://www.statista.com/forecasts/966254/office-software-market-revenue-in-the-world
