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 popularity of Productivity Software has been on the rise in Eastern Asia, with a significant increase in demand over the past few years.
Customer preferences: Customers in Eastern Asia have shown a preference for Productivity Software that is user-friendly, efficient, and provides a wide range of features. The software that offers cloud-based solutions and mobile support has been particularly popular among customers in the region.
Trends in the market: The Productivity Software market in China has been growing at a rapid pace, with an increasing number of businesses adopting cloud-based solutions. The demand for software that can integrate with other business applications has also been on the rise. In Japan, there has been a growing interest in productivity software that is designed specifically for mobile devices. South Korea has seen a surge in demand for software that can help businesses manage their remote workforce more efficiently.
Local special circumstances: In China, the government has been promoting the use of cloud-based solutions, which has led to an increase in demand for Productivity Software that offers cloud-based services. In Japan, the aging population has led to a growing demand for software that is easy to use and can be accessed on mobile devices. South Korea has a highly competitive business environment, which has led to an increased demand for software that can help businesses stay ahead of the competition.
Underlying macroeconomic factors: The rapid growth of the Productivity Software market in Eastern Asia can be attributed to several underlying macroeconomic factors. The growing adoption of cloud-based solutions has been driven by the region's increasing internet penetration and the need for businesses to reduce their IT infrastructure costs. The rise of mobile devices has also played a significant role in the growth of the market, as businesses seek to provide their employees with the flexibility to work from anywhere. Additionally, government initiatives aimed at promoting the use of technology in businesses have also contributed to the growth of the market.
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.