Administrative Software - Central & Western Europe

In Central & Western Europe, the revenue in the Administrative Software market is estimated to reach US$2.46bn by 2024.
It is anticipated that the market will exhibit a compound annual growth rate (CAGR 2024-2029) of 2.51%, leading to a market volume of US$2.78bn by 2029.
When compared globally, United States is projected to generate the highest revenue, amounting to US$7.44bn in 2024.
In Central & Western Europe, Germany is leading the way in the administrative software market with a strong focus on efficiency and automation.

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.

For more information on the displayed data, use the info button right next to the boxes.

Core HR-software, such as Personio, BambooHR, and RUN Powered by ADP
Payroll software, such as Paycor, Gusto, and Paychex
Learning & development software, such as Docebo and Adobe Learning Manager
Compliance software, such as SiteDocs, Skillcast, and Netwrix

Talent acquisition, such as Lever, Greenhouse, and Zoho Recruit
Workforce management, such as ADP Workforce Now, BambooHR, and Zoho People

The demand for administrative software in Central & Western Europe has been on the rise in recent years.

Customer preferences: Companies in Central & Western Europe are increasingly looking for administrative software that can help them automate their business processes, streamline their operations, and improve their overall efficiency. They are also looking for software that is easy to use, customizable, and can be integrated with other systems.

Trends in the market: Germany is the largest market for administrative software in Central & Western Europe. The country has a highly developed economy and a large number of small and medium-sized enterprises (SMEs) that are looking for ways to improve their efficiency and competitiveness. As a result, there is a high demand for administrative software in Germany.Another trend in the market is the increasing adoption of cloud-based administrative software. Cloud-based software offers several advantages over traditional on-premise software, including lower costs, greater flexibility, and easier scalability. This trend is particularly strong in countries like the Netherlands, where there is a high level of technological innovation and a large number of startups.

Local special circumstances: France has a unique market for administrative software, with a large number of small and medium-sized enterprises (SMEs) that are looking for software that is tailored to their specific needs. As a result, there is a high demand for customizable administrative software in France.

Underlying macroeconomic factors: The growth of the administrative software market in Central & Western Europe is being driven by several underlying macroeconomic factors, including the increasing digitization of business processes, the growing importance of data analytics, and the need for greater efficiency and competitiveness in a globalized economy. Additionally, the COVID-19 pandemic has accelerated the adoption of administrative software, as companies have had to quickly adapt to remote work and digital processes.

Data coverage:

The data encompasses B2B, B2G, and B2C enterprises. Figures are based on the allocation to the country where the money was spent at manufacturer price level (excluding VAT).

Modeling approach / Market size:

The segment size is determined through a top-down approach. We use financial statements such as annual reports, quarterly earnings, and expert opinions to analyze the markets. To estimate the segment size for each country individually, we use relevant key market indicators and data from country-specific industry associations such as GDP, level of digitization, GDP sector composition, and observed level of software piracy.

Forecasts:

We use a variety of forecasting techniques, for instance, advanced statistical methods, depending on the behavior of the relevant segment. The main drivers are the GDP and the level of digitization.

Additional notes:

The data is modeled using current exchange rates. The market is updated twice a year in case market dynamics change. The impact of the COVID-19 pandemic is considered at a country-specific level.

This report presents a comprehensive analysis and additional information on the Technology market, in a PDF format.

Imagine a world without the apps you use daily, the games you enjoy, or the websites you rely on. Software development is the invisible hand behind this digital magic, transforming ideas into the tools that shape our lives. Software development is the process of creating, designing, deploying, and supporting software. It includes all the computer activities between the software's conception and final manifestation.

These activities are planned and put into stages in a logical order, a process known as the software development life cycle (SDLC) or software development. The SDLC often includes six stages: requirement analysis, design, development, testing, implementation, documentation, and evolution. Programming languages such as JavaScript and C++ are used to create software, with JavaScript being the most popular programming language in 2023 and used by roughly 65 percent of software developers.