Independent Software Vendors (ISV) market size to increase by USD 1,738.53 billion from 2022 to 2027; Increasing cloud computing to be the primary trend in the market - Technavio

NEW YORK, June 27, 2023 /PRNewswire/ -- The independent software vendors market is estimated to grow by USD 1,738.53 billion from 2022 to 2027. The growth momentum will progress at a CAGR of 14.01%  during the forecast period. This report extensively covers market segmentation by deployment (on-premise and cloud), component (software and services), and geography (North America, Europe, APAC, South America, and Middle East and Africa). The market share growth by the on-premise segment will be significant during the forecast period. This software is locally hosted software inside the organization's premises and it uses the organization's computer systems, along with the organization pays a one-time license fee. The on-premises software delivers data security, and local ownership, with the characteristic of additional integrations. High hardware costs and frequent maintenance needed for on-premises software prevent enterprises from deploying on-premises software. Furthermore, local software cannot be updated often as computer systems change. This further decreased the demand for on-premises software. On-premises ISVs include SAP, Oracle, Microsoft, and IBM. Thus, businesses may favour on-premises owing to security concerns, which is likely to drive the growth of the global independent software vendor market during the forecast period. Download a Sample Report Now!

Information Services Market Insights -

• Vendors: 15+, Including Alphabet Inc., American Software Inc., Apple Inc., Autodesk Inc., BMC Software Inc., Cisco Systems Inc., Gamma Technologies LLC, H and W Computer Systems Inc., HP Inc., International Business Machines Corp., Microsoft Corp., Mocana Corp., Nutanix Inc., Odyssey Computing Inc., Open Text Corp., Oracle Corp., RSA Security LLC, SAP SE, ServiceNow Inc., and Vision ID Ltd. among others
• Coverage: Parent market analysis; key drivers, major trends, and challenges; customer and vendor landscape; vendor product insights and recent developments; key vendors; and market positioning of vendors
• Segments: Deployment (On-premise and Cloud), Component (Software and Services), and Geography (North America, Europe, APAC, South America, and Middle East and Africa)

To understand more about the information services market, request a sample report

Independent software vendors market - Vendor Insights

The growing competition in the market is compelling vendors to adopt various growth strategies such as promotional activities and spending on advertisements to improve the visibility of their services. Technavio report analyzes the market's competitive landscape and offers information on several market vendors including Alphabet Inc., American Software Inc., Apple Inc., Autodesk Inc., BMC Software Inc., Cisco Systems Inc., Gamma Technologies LLC, H and W Computer Systems Inc., HP Inc., International Business Machines Corp., Microsoft Corp., Mocana Corp., Nutanix Inc., Odyssey Computing Inc., Open Text Corp., Oracle Corp., RSA Security LLC, SAP SE, ServiceNow Inc., and Vision ID Ltd.

Independent Software Vendors Market – Market Dynamics

Major Trends - 

Rising cloud computing is the emerging trend shaping the global independent software vendors market. Different agencies such as governments and businesses use cloud-based software for a variety of applications such as authentication processes, video management, biometric information storage, and big data computing. Due to its flexibility and scalability, cloud-based solutions help organizations and government agencies meet their various needs. The growing use of IoT-connected devices all across the world has generated enormous amounts of data. Similarly, the rise in the adoption of connected cars, connected homes, connected health, and smart cities has expanded the data generated by these devices. However, Numerous industries, such as manufacturing, utilities, retail, automotive, and social media, use IoT for augmented data transfer. IoT-enabled devices increased data centre traffic by around 40 times in 2020. This increasing number of IoT-enabled devices initiated the need for cloud-based solutions. Furthermore, the commercial deployment of 5G will drive the growth of the market by the end of the forecast period.

KEY challenges - 

The major challenge impeding the growth of the global independent software vendors market is data security concerns. Currently, data breaches are a reason for great concern across the nation. Such breaches are a significant threat to small businesses and large businesses. Local software programs have security and privacy issues. Moreover, cloud solutions also come with security concerns. Numerous businesses around the globe, including small businesses and large enterprises, use cloud-based software solutions that are cost-effective, scalable, and accessible. Most SMEs outsource certain tasks, such as IT. When they outsource IT, they do not have authority over the operation of the service provider. Therefore, they are exposed to several threats. Services providers are usually confidential and ensure their clients that they are better at keeping the data safe and secure. Despite such guarantees, the data centre used by software can be compromised by malware attacks or hacking. Therefore, the increased concern for data security may hinder the growth of the global market focus during the forecast period.

Drivers, & Challenges have an impact on market dynamics and can impact businesses. Find some insights from a sample report!

The independent software vendors market report provides critical information and factual data, with a qualitative and quantitative study of the market based on market drivers and limitations as well as future prospects.

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What are the key data covered in this Independent Software Vendors Market report?

• CAGR of the market during the forecast period
• Detailed information on factors that will drive the growth of the independent software vendors market between 2023 and 2027
• Precise estimation of the size of the independent software vendors market size and its contribution to the market in focus on the parent market
• Accurate predictions about upcoming trends and changes in consumer behavior
• Growth of the independent software vendors market  industry across North America, Europe, APAC, South America, and the Middle East and Africa
• A thorough analysis of the market's competitive landscape and detailed information about vendors
• Comprehensive analysis of factors that will challenge the growth of independent software vendors market vendors

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Table of content

1 Executive Summary

• 1.1 Market overview 
• Exhibit 01: Executive Summary – Chart on Market Overview
• Exhibit 02: Executive Summary – Data Table on Market Overview
• Exhibit 03: Executive Summary – Chart on Global Market Characteristics
• Exhibit 04: Executive Summary – Chart on Market by Geography
• Exhibit 05: Executive Summary – Chart on Market Segmentation by Deployment
• Exhibit 06: Executive Summary – Chart on Market Segmentation by Component
• Exhibit 07: Executive Summary – Chart on Incremental Growth
• Exhibit 08: Executive Summary – Data Table on Incremental Growth
• Exhibit 09: Executive Summary – Chart on Vendor Market Positioning

2 Market Landscape

• 2.1 Market ecosystem 
• Exhibit 10: Parent market
• Exhibit 11: Market Characteristics

3 Market Sizing

• 3.1 Market definition 
• Exhibit 12: Offerings of vendors included in the market definition

• 3.2 Market segment analysis 
• Exhibit 13: Market segments

• 3.3 Market size 2022 

• 3.4 Market outlook: Forecast for 2022-2027
• Exhibit 14: Chart on Global - Market size and forecast 2022-2027 ($ billion)
• Exhibit 15: Data Table on Global - Market size and forecast 2022-2027 ($ billion)
• Exhibit 16: Chart on Global Market: Year-over-year growth 2022-2027 (%)
• Exhibit 17: Data Table on Global Market: Year-over-year growth 2022-2027 (%)

4 Historic Market Size

• 4.1 Global independent software vendors market 2017 - 2021 
• Exhibit 18: Historic Market Size – Data Table on global independent software vendors market 2017 - 2021 ($ billion)

• 4.2 Deployment Segment Analysis 2017 - 2021
• Exhibit 19: Historic Market Size – Deployment Segment 2017 - 2021 ($ billion)

• 4.3 Component Segment Analysis 2017 - 2021
• Exhibit 20: Historic Market Size – Component Segment 2017 - 2021 ($ billion)

• 4.4 Geography Segment Analysis 2017 - 2021
• Exhibit 21: Historic Market Size – Geography Segment 2017 - 2021 ($ billion)

• 4.5 Country Segment Analysis 2017 - 2021
• Exhibit 22: Historic Market Size – Country Segment 2017 - 2021 ($ billion)

5 Five Forces Analysis

• 5.1 Five forces summary 
• Exhibit 23: Five forces analysis - Comparison between 2022 and 2027

• 5.2 Bargaining power of buyers 
• Exhibit 24: Chart on Bargaining power of buyers – Impact of key factors 2022 and 2027

• 5.3 Bargaining power of suppliers 
• Exhibit 25: Bargaining power of suppliers – Impact of key factors in 2022 and 2027

• 5.4 Threat of new entrants 
• Exhibit 26: Threat of new entrants – Impact of key factors in 2022 and 2027

• 5.5 Threat of substitutes 
• Exhibit 27: Threat of substitutes – Impact of key factors in 2022 and 2027

• 5.6 Threat of rivalry 
• Exhibit 28: Threat of rivalry – Impact of key factors in 2022 and 2027

• 5.7 Market condition 
• Exhibit 29: Chart on Market condition - Five forces 2022 and 2027

6 Market Segmentation by Deployment

• 6.1 Market segments 
• Exhibit 30: Chart on Deployment - Market share 2022-2027 (%)
• Exhibit 31: Data Table on Deployment - Market share 2022-2027 (%)

• 6.2 Comparison by Deployment 
• Exhibit 32: Chart on Comparison by Deployment
• Exhibit 33: Data Table on Comparison by Deployment

• 6.3 On-premise - Market size and forecast 2022-2027
• Exhibit 34: Chart on On-premise - Market size and forecast 2022-2027 ($ billion)
• Exhibit 35: Data Table on On-premise - Market size and forecast 2022-2027 ($ billion)
• Exhibit 36: Chart on On-premise - Year-over-year growth 2022-2027 (%)
• Exhibit 37: Data Table on On-premise - Year-over-year growth 2022-2027 (%)

• 6.4 Cloud - Market size and forecast 2022-2027
• Exhibit 38: Chart on Cloud - Market size and forecast 2022-2027 ($ billion)
• Exhibit 39: Data Table on Cloud - Market size and forecast 2022-2027 ($ billion)
• Exhibit 40: Chart on Cloud - Year-over-year growth 2022-2027 (%)
• Exhibit 41: Data Table on Cloud - Year-over-year growth 2022-2027 (%)

• 6.5 Market opportunity by Deployment 
• Exhibit 42: Market opportunity by Deployment ($ billion)
• Exhibit 43: Data Table on Market opportunity by Deployment ($ billion)

7 Market Segmentation by Component

• 7.1 Market segments 
• Exhibit 44: Chart on Component - Market share 2022-2027 (%)
• Exhibit 45: Data Table on Component - Market share 2022-2027 (%)

• 7.2 Comparison by Component 
• Exhibit 46: Chart on Comparison by Component
• Exhibit 47: Data Table on Comparison by Component

• 7.3 Software - Market size and forecast 2022-2027
• Exhibit 48: Chart on Software - Market size and forecast 2022-2027 ($ billion)
• Exhibit 49: Data Table on Software - Market size and forecast 2022-2027 ($ billion)
• Exhibit 50: Chart on Software - Year-over-year growth 2022-2027 (%)
• Exhibit 51: Data Table on Software - Year-over-year growth 2022-2027 (%)

• 7.4 Services - Market size and forecast 2022-2027
• Exhibit 52: Chart on Services - Market size and forecast 2022-2027 ($ billion)
• Exhibit 53: Data Table on Services - Market size and forecast 2022-2027 ($ billion)
• Exhibit 54: Chart on Services - Year-over-year growth 2022-2027 (%)
• Exhibit 55: Data Table on Services - Year-over-year growth 2022-2027 (%)

• 7.5 Market opportunity by Component 
• Exhibit 56: Market opportunity by Component ($ billion)
• Exhibit 57: Data Table on Market opportunity by Component ($ billion)

8 Customer Landscape

• 8.1 Customer landscape overview 
• Exhibit 58: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

9 Geographic Landscape

• 9.1 Geographic segmentation 
• Exhibit 59: Chart on Market share by geography 2022-2027 (%)
• Exhibit 60: Data Table on Market share by geography 2022-2027 (%)

• 9.2 Geographic comparison 
• Exhibit 61: Chart on Geographic comparison
• Exhibit 62: Data Table on Geographic comparison

• 9.3 North America - Market size and forecast 2022-2027
• Exhibit 63: Chart on North America - Market size and forecast 2022-2027 ($ billion)
• Exhibit 64: Data Table on North America - Market size and forecast 2022-2027 ($ billion)
• Exhibit 65: Chart on North America - Year-over-year growth 2022-2027 (%)
• Exhibit 66: Data Table on North America - Year-over-year growth 2022-2027 (%)

• 9.4 Europe - Market size and forecast 2022-2027
• Exhibit 67: Chart on Europe - Market size and forecast 2022-2027 ($ billion)
• Exhibit 68: Data Table on Europe - Market size and forecast 2022-2027 ($ billion)
• Exhibit 69: Chart on Europe - Year-over-year growth 2022-2027 (%)
• Exhibit 70: Data Table on Europe - Year-over-year growth 2022-2027 (%)

• 9.5 APAC - Market size and forecast 2022-2027
• Exhibit 71: Chart on APAC - Market size and forecast 2022-2027 ($ billion)
• Exhibit 72: Data Table on APAC - Market size and forecast 2022-2027 ($ billion)
• Exhibit 73: Chart on APAC - Year-over-year growth 2022-2027 (%)
• Exhibit 74: Data Table on APAC - Year-over-year growth 2022-2027 (%)

• 9.6 South America - Market size and forecast 2022-2027
• Exhibit 75: Chart on South America - Market size and forecast 2022-2027 ($ billion)
• Exhibit 76: Data Table on South America - Market size and forecast 2022-2027 ($ billion)
• Exhibit 77: Chart on South America - Year-over-year growth 2022-2027 (%)
• Exhibit 78: Data Table on South America - Year-over-year growth 2022-2027 (%)

• 9.7 Middle East and Africa - Market size and forecast 2022-2027 
• Exhibit 79: Chart on Middle East and Africa - Market size and forecast 2022-2027 ($ billion)
• Exhibit 80: Data Table on Middle East and Africa - Market size and forecast 2022-2027 ($ billion)
• Exhibit 81: Chart on Middle East and Africa - Year-over-year growth 2022-2027 (%)
• Exhibit 82: Data Table on Middle East and Africa - Year-over-year growth 2022-2027 (%)

• 9.8 US - Market size and forecast 2022-2027
• Exhibit 83: Chart on US - Market size and forecast 2022-2027 ($ billion)
• Exhibit 84: Data Table on US - Market size and forecast 2022-2027 ($ billion)
• Exhibit 85: Chart on US - Year-over-year growth 2022-2027 (%)
• Exhibit 86: Data Table on US - Year-over-year growth 2022-2027 (%)

• 9.9 UK - Market size and forecast 2022-2027
• Exhibit 87: Chart on UK - Market size and forecast 2022-2027 ($ billion)
• Exhibit 88: Data Table on UK - Market size and forecast 2022-2027 ($ billion)
• Exhibit 89: Chart on UK - Year-over-year growth 2022-2027 (%)
• Exhibit 90: Data Table on UK - Year-over-year growth 2022-2027 (%)

• 9.10 China - Market size and forecast 2022-2027
• Exhibit 91: Chart on China - Market size and forecast 2022-2027 ($ billion)
• Exhibit 92: Data Table on China - Market size and forecast 2022-2027 ($ billion)
• Exhibit 93: Chart on China - Year-over-year growth 2022-2027 (%)
• Exhibit 94: Data Table on China - Year-over-year growth 2022-2027 (%)

• 9.11 Germany - Market size and forecast 2022-2027
• Exhibit 95: Chart on Germany - Market size and forecast 2022-2027 ($ billion)
• Exhibit 96: Data Table on Germany - Market size and forecast 2022-2027 ($ billion)
• Exhibit 97: Chart on Germany - Year-over-year growth 2022-2027 (%)
• Exhibit 98: Data Table on Germany - Year-over-year growth 2022-2027 (%)

• 9.12 Japan - Market size and forecast 2022-2027
• Exhibit 99: Chart on Japan - Market size and forecast 2022-2027 ($ billion)
• Exhibit 100: Data Table on Japan - Market size and forecast 2022-2027 ($ billion)
• Exhibit 101: Chart on Japan - Year-over-year growth 2022-2027 (%)
• Exhibit 102: Data Table on Japan - Year-over-year growth 2022-2027 (%)

• 9.13 Market opportunity by geography 
• Exhibit 103: Market opportunity by geography ($ billion)
• Exhibit 104: Data Tables on Market opportunity by geography ($ billion)

10 Drivers, Challenges, and Trends

• 10.1 Market drivers 

• 10.2 Market challenges 

• 10.3 Impact of drivers and challenges 
• Exhibit 105: Impact of drivers and challenges in 2022 and 2027

• 10.4 Market trends 

11 Vendor Landscape

• 11.1 Overview 

• 11.2 Vendor landscape 
• Exhibit 106: Overview on Criticality of inputs and Factors of differentiation

• 11.3 Landscape disruption 
• Exhibit 107: Overview on factors of disruption

• 11.4 Industry risks 
• Exhibit 108: Impact of key risks on business

12 Vendor Analysis

• 12.1 Vendors covered 
• Exhibit 109: Vendors covered

• 12.2 Market positioning of vendors 
• Exhibit 110: Matrix on vendor position and classification

• 12.3 Alphabet Inc. 
• Exhibit 111: Alphabet Inc. - Overview
• Exhibit 112: Alphabet Inc. - Business segments
• Exhibit 113: Alphabet Inc. - Key news
• Exhibit 114: Alphabet Inc. - Key offerings
• Exhibit 115: Alphabet Inc. - Segment focus

• 12.4 American Software Inc. 
• Exhibit 116: American Software Inc. - Overview
• Exhibit 117: American Software Inc. - Business segments
• Exhibit 118: American Software Inc. - Key offerings
• Exhibit 119: American Software Inc. - Segment focus

• 12.5 Apple Inc. 
• Exhibit 120: Apple Inc. - Overview
• Exhibit 121: Apple Inc. - Business segments
• Exhibit 122: Apple Inc. - Key news
• Exhibit 123: Apple Inc. - Key offerings
• Exhibit 124: Apple Inc. - Segment focus

• 12.6 BMC Software Inc. 
• Exhibit 125: BMC Software Inc. - Overview
• Exhibit 126: BMC Software Inc. - Product / Service
• Exhibit 127: BMC Software Inc. - Key offerings

• 12.7 Cisco Systems Inc. 
• Exhibit 128: Cisco Systems Inc. - Overview
• Exhibit 129: Cisco Systems Inc. - Business segments
• Exhibit 130: Cisco Systems Inc. - Key news
• Exhibit 131: Cisco Systems Inc. - Key offerings
• Exhibit 132: Cisco Systems Inc. - Segment focus

• 12.8 HP Inc. 
• Exhibit 133: HP Inc. - Overview
• Exhibit 134: HP Inc. - Business segments
• Exhibit 135: HP Inc. - Key news
• Exhibit 136: HP Inc. - Key offerings
• Exhibit 137: HP Inc. - Segment focus

• 12.9 International Business Machines Corp.
• Exhibit 138: International Business Machines Corp. - Overview
• Exhibit 139: International Business Machines Corp. - Business segments
• Exhibit 140: International Business Machines Corp. - Key news
• Exhibit 141: International Business Machines Corp. - Key offerings
• Exhibit 142: International Business Machines Corp. - Segment focus

• 12.10 Microsoft Corp. 
• Exhibit 143: Microsoft Corp. - Overview
• Exhibit 144: Microsoft Corp. - Business segments
• Exhibit 145: Microsoft Corp. - Key news
• Exhibit 146: Microsoft Corp. - Key offerings
• Exhibit 147: Microsoft Corp. - Segment focus

• 12.11 Mocana Corp. 
• Exhibit 148: Mocana Corp. - Overview
• Exhibit 149: Mocana Corp. - Product / Service
• Exhibit 150: Mocana Corp. - Key offerings

• 12.12 Odyssey Computing Inc. 
• Exhibit 151: Odyssey Computing Inc. - Overview
• Exhibit 152: Odyssey Computing Inc. - Product / Service
• Exhibit 153: Odyssey Computing Inc. - Key offerings

• 12.13 Oracle Corp. 
• Exhibit 154: Oracle Corp. - Overview
• Exhibit 155: Oracle Corp. - Business segments
• Exhibit 156: Oracle Corp. - Key news
• Exhibit 157: Oracle Corp. - Key offerings
• Exhibit 158: Oracle Corp. - Segment focus

• 12.14 RSA Security LLC 
• Exhibit 159: RSA Security LLC - Overview
• Exhibit 160: RSA Security LLC - Product / Service
• Exhibit 161: RSA Security LLC - Key offerings

• 12.15 SAP SE 
• Exhibit 162: SAP SE - Overview
• Exhibit 163: SAP SE - Business segments
• Exhibit 164: SAP SE - Key news
• Exhibit 165: SAP SE - Key offerings
• Exhibit 166: SAP SE - Segment focus

• 12.16 ServiceNow Inc. 
• Exhibit 167: ServiceNow Inc. - Overview
• Exhibit 168: ServiceNow Inc. - Product / Service
• Exhibit 169: ServiceNow Inc. - Key news
• Exhibit 170: ServiceNow Inc. - Key offerings

• 12.17 Vision ID Ltd. 
• Exhibit 171: Vision ID Ltd. - Overview
• Exhibit 172: Vision ID Ltd. - Product / Service
• Exhibit 173: Vision ID Ltd. - Key offerings

13 Appendix

• 13.1 Scope of the report 

• 13.2 Inclusions and exclusions checklist
• Exhibit 174: Inclusions checklist
• Exhibit 175: Exclusions checklist

• 13.3 Currency conversion rates for US$ 
• Exhibit 176: Currency conversion rates for US$

• 13.4 Research methodology 
• Exhibit 177: Research methodology
• Exhibit 178: Validation techniques employed for market sizing
• Exhibit 179: Information sources

• 13.5 List of abbreviations 
• Exhibit 180: List of abbreviations

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