Definition:
The Productivity Software market covers software applications that are designed to support individuals and organizations in increasing their efficiency and effectiveness in carrying out their tasks. This market includes applications ranging from common office software to complex creative software applications that are used for both personal and business purposes.
Products in the Productivity 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.
Structure:
The Productivity Software market contains five markets that are based on the functionality of the software:
Additional Information:
The Productivity 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). Detailed definitions of each market can be found on the respective page where the market data is displayed.
Key players in this market include Microsoft, Zoom, Adobe, SAP, and Dassault Systems.
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Notes: Data was converted from local currencies using average exchange rates of the respective year.
Most recent update: Sep 2024
Source: Statista Market Insights
Notes: The chart “Comparable Estimates” shows the forecasted development of the selected market from different sources. Please see the additional information for methodology and publication date.
Most recent update: Jul 2024
Notes: Data was converted from local currencies using average exchange rates of the respective year.
Most recent update: Sep 2024
Source: Statista Market Insights
Most recent update: Mar 2024
Source: Statista Market Insights
The demand for productivity software in Africa has been on a steady rise over the past few years, with an increasing number of businesses and individuals seeking to improve their efficiency and streamline their workflow.
Customer preferences: Customers in Africa are increasingly looking for productivity software that is affordable, easy to use, and compatible with their existing technology. Cloud-based software has become particularly popular, as it allows users to access their work from anywhere with an internet connection. Additionally, mobile compatibility is becoming increasingly important, as more and more people in Africa use smartphones as their primary device for accessing the internet.
Trends in the market: One of the biggest trends in the productivity software market in Africa is the growth of local software developers. As more African countries develop their technology industries, there has been a surge in the number of startups and small businesses offering productivity software tailored to the needs of African customers. This has led to increased competition in the market, which has in turn driven down prices and made productivity software more accessible to a wider range of customers.Another trend in the market is the increasing adoption of artificial intelligence (AI) and machine learning (ML) technologies. These technologies are being used to automate repetitive tasks, allowing users to focus on more complex and creative work. This trend is expected to continue as AI and ML become more sophisticated and affordable.
Local special circumstances: One of the biggest challenges facing the productivity software market in Africa is the lack of reliable and affordable internet access in many parts of the continent. This has led to the development of offline productivity software, which can be used without an internet connection. Additionally, many African countries have unique regulatory environments that can make it difficult for foreign companies to operate in the market.
Underlying macroeconomic factors: The growth of the productivity software market in Africa is being driven by a number of macroeconomic factors, including the increasing adoption of technology in businesses and the growing importance of the digital economy. Additionally, the rise of remote work and the gig economy has created a need for productivity software that can facilitate collaboration and communication across different locations. As more African countries continue to develop their technology industries, the demand for productivity software is expected to continue to grow.
Notes: Data was converted from local currencies using average exchange rates of the respective year.
Most recent update: Sep 2024
Sources: Statista Market Insights, Financial Statements of Key Players, National statistical offices
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.Notes: Based on data from IMF, World Bank, UN and Eurostat
Most recent update: Sep 2024
Source: Statista Market Insights
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.