Office Software - GCC
GCC- The Office Software market in the GCC is expected to witness significant revenue growth in the coming years.
- By 2025, the projected revenue for this market is estimated to reach US$187.34m.
- This growth is further expected to continue at an annual growth rate of 3.65% from 2025 to 2029, resulting in a market volume of US$216.19m by the end of 2029.
- When compared globally, United States is anticipated to generate the highest revenue in the Office Software market, with an estimated revenue of US$15.65bn in 2025.
- The demand for cloud-based office software solutions is rapidly increasing in the GCC as businesses prioritize mobility and remote work capabilities.
- Key regions:
- Australia,
- China,
- Japan,
- Netherlands,
- South Korea
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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- Word-processing, such as Microsoft Word, LibreOffice, and Grammarly
- Spreadsheet-software, such as Google Sheets, Microsoft Excel, and Zoho Sheet
- Visualization software, such as Microsoft Power BI, Tableau, and Infogram
- Consumer and enterprise spend, such as Airbase, Spendesk, and Procurify
- Creative software, such as Adobe, Canva, and Apple
- Free-of-charge software, such as Airtable, Anaplan, and BlackLine
