Global Productivity Software Market Size, Share, and Trends Analysis Report, By Type (Cloud-Based and On-Premise), By Application (Small and Medium Enterprise and Large Enterprise), Forecast (2022-2028)

The global productivity software market is anticipated to grow at a CAGR of 12% during the forecast period (2022-2028). Productivity software is a category of application programs that support users to produce things such as documents, databases, graphs, worksheets, and presentations. Many productivity applications are intended for business use. Instances of office productivity software include word processors, database management systems (DBMS), graphics software, and spreadsheet applications. Productivity software increases that efficiency by facilitating people’s tasks.

 

Productivity software is sometimes broadened to include any type of application that is used to support people do their jobs, including collaboration and communication programs. Productivity software is increasingly available on mobile devices, which is boosting the growth of the market.  However, mobile productivity apps are generally for basic tasks such as e-mail, note-taking, and calendar functions, rather than doing more tedious tasks, such as word processing and lack of awareness can be the restraining factor for the growth of the market.  Additionally, with the increasing necessity to manage workflow and tasks among the business, speedily growing advancements in artificial intelligence (AI) and machine learning (ML), and the increase in adoption of cloud computing in the business processes are some driving factors for the growth of the market.

 

The market is segmented based on the type and application. Based on the type, the market is segmented into cloud and on-premise.  The cloud software offers cloud users a way to work in sync continuously from any location. Often, office productivity suites include word processing or accounting software that allows to access from a web browser. Using cloud provides several benefits for an organization, including improved productivity, reduced cost, improved collaboration, and process efficiency. Using on-premise project management software gives organizations better visibility and transparency over daily operations, advanced reporting, insights into potential issues, better security, and control over their information with advanced features and capabilities that support increase productivity and efficiency of the organization.

Market Coverage

• The market number available for – 2021-2028
• Base year- 2021
• Forecast period- 2022-2028
• Segment Covered-
  • By  Type
  • By Application
• Regions Covered-
  • North America
  • Europe
  • Asia-Pacific
  • Rest of the World

Competitive Landscape- Microsoft Corp, Google LLC and Salesforce.com, Inc.

Key questions addressed by the report

• What is the market growth rate?
• Which segment and region dominate the market in the base year?
• Which segment and region will project the fastest growth in the market?
• How has COVID-19 impacted the market?
  • Deviation from the pre-COVID-19 forecast
  • Most affected region and segment

Global Productivity Software Market Report by Segment

By Type

• Cloud-Based
• On-Premise

By Application

• Small and Medium Enterprise
• Large Enterprise

Global Productivity Software Market Report by Region

North America

• United States
• Canada

Europe

• UK
• Germany
• Italy
• Spain
• France
• Rest of Europe

Asia-Pacific

• China
• India
• Japan
• South Korea
• Rest of Asia-Pacific

Rest of the World

• Latin America
• Middle East & Africa