North America: office software market revenue 2020-2029

The revenue in the 'Office Software' segment of the software market in North America was forecast to continuously increase between 2024 and 2029 by in total 2.2 billion U.S. dollars (+13.46 percent). After the ninth consecutive increasing year, the revenue is estimated to reach 18.56 billion U.S. dollars and therefore a new peak in 2029. Notably, the revenue of the 'Office Software' segment of the software market was continuously increasing over the past years.

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Revenue of the office software market in North America from 2020 to 2029 (in billion U.S. dollars)

Characteristic	Revenue in billion U.S. Dollars
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Supplementary notes

Data provided by Statista Market Insights are estimates.

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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