Productivity Software - Taiwan | Statista Market Forecast

The projected revenue in the Productivity Software market in 2024 is estimated to be US$518.80m.
It is worth noting that in Taiwan plays a significant role in this market segment.
The dominant player in this market is Office Software, which is expected to achieve a market volume of US$186.90m in 2024.
Looking ahead, the revenue is projected to experience a steady annual growth rate of 2.50% between 2024 and 2029, resulting in a market volume of US$586.90m by 2029.
This growth indicates a positive trend for the Productivity Software market.
In a global comparison, United States is expected to generate the highest revenue in this market segment, with an estimated revenue of US$40.87bn in 2024.
However, it is important to note that in Taiwan also contributes significantly to the overall revenue in this market.
Taiwan is leading the way in the development and adoption of innovative productivity software solutions, revolutionizing the way businesses operate.

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:

Administrative Software refers to software applications that are used to manage various administrative tasks and processes within an organization.
Collaboration Software refers to software applications that are used to facilitate communication and collaboration among teams and individuals within an organization.
Office Software refers to software applications that are used for productivity and work-related tasks in an office environment.
Creative Software refers to software applications designed to support tasks such as graphic design, video editing, 3D modeling, music composition, and photo editing.
Construction and Design Software refers to software applications in the areas such as Computer-Aided Design (CAD), Manufacturing (CAM), and Product Lifecycle Management (PLM).

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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Administrative software, such as ADP, Gusto, Workday, and SAP
Collaboration software, such as Google, Slack, and Zoom
Office software, such as Microsoft, Google, and Zoho
Creative software, such as Adobe, Canva, and Apple
Construction & design software, such as Dassault Systèmes, Autodesk, and Siemens

Operating system software, such as Microsoft Windows, Linux Operating System, and Apple macOS
Free-of-charge software, such as Airtable, Anaplan, and BlackLine
Custom applications, such as Sphinx Solutions, CHI Software, and Intellectsoft

The Productivity Software market in Taiwan has been experiencing significant growth in recent years.

Customer preferences: Taiwanese customers have shown a strong preference for productivity software that is easy to use, efficient, and affordable. They prioritize software that can help them manage their time effectively and increase their productivity. Additionally, Taiwanese customers tend to prefer software that is compatible with their mobile devices, allowing them to work on-the-go.

Trends in the market: One major trend in the Productivity Software market in Taiwan is the increasing popularity of cloud-based software. This trend is driven by the growing demand for software that can be accessed from anywhere and on any device. Another trend is the rise of software that incorporates artificial intelligence (AI) and machine learning (ML) technologies. These technologies are being used to automate routine tasks and provide personalized recommendations to users.

Local special circumstances: Taiwan is home to a large number of small and medium-sized enterprises (SMEs), which make up a significant portion of the country's economy. These companies have unique productivity software needs, as they often have limited resources and require software that is both affordable and effective. As a result, many software companies in Taiwan have developed specialized products for SMEs, such as project management tools and accounting software.

Underlying macroeconomic factors: Taiwan has a highly developed technology sector, which has helped to drive the growth of the Productivity Software market. The country's strong intellectual property laws and government support for innovation have also contributed to the development of the market. Additionally, Taiwan has a highly educated workforce, which has helped to create a strong demand for productivity software among professionals in a variety of industries.

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.

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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.