Business Software And Services Market Scope And Analysis

Report Code : TIPRE00025078
Category : Technology, Media and Telecommunications

No. of Pages : 150

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Business Software and Services Market - Scope by 2031

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Business Software and Services Market Report Scope

Report Attribute	Details
Market size in 2024	US$ 619.46 billion
Market Size by 2031	US$ 1,330.88 billion
Global CAGR (2025 - 2031)	11.5%
Historical Data	2021-2023
Forecast period	2025-2031
Segments Covered	By Software Finance Sales & Marketing Human Resources Supply Chain By Deployment Cloud On-Premises By Organization Size Large Enterprises Small and Medium-Sized Enterprises By Industry BFSI Healthcare IT & Telecom Manufacturing Retail Transportation
Regions and Countries Covered	North America US Canada Mexico Europe UK Germany France Russia Italy Rest of Europe Asia-Pacific China India Japan Australia Rest of Asia-Pacific South and Central America Brazil Argentina Rest of South and Central America Middle East and Africa South Africa Saudi Arabia UAE Rest of Middle East and Africa
Market leaders and key company profiles	Acumatica Inc Deltek Inc Epicor Software Corporation IBM Corporation Infor NetSuite Inc Microsoft Corporation SAP SE Oracle Corporation Wipro

Business Software and Services Market News and Recent Developments

The business software and services market is evaluated by gathering qualitative and quantitative data post primary and secondary research, which includes important corporate publications, association data, and databases. The following is a list of developments in the business software and services market:

In September 2023, Gati Limited, an Allcargo Group company, announced a partnership with Tech Mahindra to develop Gati Enterprise Management System (GEMS) 2.0. Gati’s core operational software system, GEMS 2.0, aims to offer an enhanced customer experience and a modern tech-driven interface while increasing efficiency and lowering costs. (Source: Gati Limited, Press Release)

In May 2023, Wipro announced a five-year business partnership with ServiceNow to invest in and bring new offerings to the market that will empower clients to drive business transformation, overcome business challenges, and deliver better value. Under the partnership, Wipro and ServiceNow would deliver joint clients process consulting, implementation, configuration, and managed services. The partnership would cover all global geographies and would initially focus on four key industries: financial services, healthcare, manufacturing, and energy and utilities. (Source: Wipro, Press Release)

In July 2023, ESCRIBA AG, an innovative provider of software and digitalization solutions, announced the expansion of its strategic partnership with Software AG. Under this, ESCRIBA has developed powerful business applications based on Software AG’s AgileApps, which allows ESCRIBA to accelerate new feature development as part of the offering, such as data management, case management, and document generation and management.

(Source: ESCRIBA AG, Press Release)

Business Software and Services Market Report Coverage and Deliverables

The "Business Software and Services Market Size and Forecast (2021–2031)" provides a detailed analysis of the market covering the areas mentioned below:

Business software and services market size and forecast at global, regional, and country levels for all the key market segments covered under the scope
Business software and services market dynamics, such as drivers, restraints, and key opportunities
Business software and services market trends
Detailed PEST/Porter's Five Forces and SWOT analysis
Global and regional market analysis covering key market trends, major players, regulations, and recent market developments
Business software and services market industry landscape and competition analysis covering market concentration, heat map analysis, prominent players, and recent developments
Detailed company profiles