Business Software Market Size - Industry Report on Share, Growth Trends & Forecasts Analysis (2025 - 2030)

The Report Covers Global Business Software and Services Market Analysis and is Segmented by Software Type (ERP Software, CRM Software, BI Software, and Supply Chain Software), Deployment (Cloud and On-Premise), End-User Vertical (BFSI, Healthcare, Public & Institutions, Retail, Transportation, Manufacturing, and Other End-User Verticals (Telecom, Defense, Etc. )), and Geography (North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa). The Market Size and Forecast are Provided in Terms of Value (USD) for all the Above Segments.

Business Software Market Size - Industry Report on Share, Growth Trends & Forecasts Analysis (2025 - 2030)

Business Software Market Size

Business Software Market Summary
Study Period 2019 - 2030
Market Size (2025) USD 0.72 Trillion
Market Size (2030) USD 1.23 Trillion
CAGR (2025 - 2030) 11.23 %
Fastest Growing Market Asia-Pacific
Largest Market North America
Market Concentration Medium

Major Players

Business Software Market Major Players

*Disclaimer: Major Players sorted in no particular order

Compare market size and growth of Business Software Market with other markets in Technology, Media and Telecom Industry

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Business Software Market Analysis

The Business Software Market size is estimated at USD 0.72 trillion in 2025, and is expected to reach USD 1.23 trillion by 2030, at a CAGR of 11.23% during the forecast period (2025-2030).

Increasing business adoption of digitalization, technological advancements in the cloud, the quick integration of multichannel touchpoints into a single platform, managing the company's resource usage, and the growing need to analyze vast amounts of business data to derive insights that can boost the company's revenue are some of the key factors driving the business software market.

  • Business software is a collection of programs and features created and designed to carry out particular creative, financial, and everyday business tasks. It primarily serves to automate corporate processes. It aids corporations and proprietors of small businesses in developing, marketing, selling, managing, and expanding their companies.
  • The use of software in business is essential since it facilitates planning and design, quick decision-making, adoption of cutting-edge technologies, customer assistance, data analysis, and supply chain management strategies that will hasten the expansion of the company.
  • A significant decrease in inventory and raw materials price is another benefit of using enterprise solutions, which enables firms to increase their profitability. Many firms are deploying business solutions to boost their operational efficiency by integrating administrative processes into a single piece of software. Business solution modules integrate departmental data to real-time updates, improving data transparency. Businesses pick the software and solutions that best meet their needs.
  • Higher authorization costs and the necessity for prompt help could impede the market's growth. It is important to note that the licensing fee for a solution does not solely cover the cost of software development; it also includes the licensing fee for accessing and utilizing the solution. The usual software price includes the cost of solution maintenance and support, and further integration and customizing frequently result in increased maintenance and support charges.

Business Software Industry Overview

The global business software market is semiconsolidated. The market consists of major players, such as Microsoft Corporation, International Business Machines Corporation, Oracle Corporation, and SAP SE.

In February 2023, Cisco Systems announced new innovations in cloud-managed networking, delivering on its promise to help customers simplify their IT operations. With powerful new cloud management tools for industrial Internet of Things (IoT) applications, simplified dashboards to converge IT and OT operations, and flexible network intelligence to see and secure all industrial assets, Cisco delivers a unified experience that provides true business agility.

In February 2023, Microsoft fused ChatGPT-like technology into its search engine Bing, transforming an Internet service that trails far behind Google into a new way of communicating with artificial intelligence (AI). The revamping of Microsoft's second-place search engine could give the software giant a head start against other tech companies in capitalizing on the worldwide excitement surrounding ChatGPT, a tool that's awakened millions of people to the possibilities of the latest AI technology.

Business Software Market Leaders

  1. Microsoft Corporation

  2. International Business Machines Corporation

  3. Oracle Corporation

  4. SAP SE

  5. Cisco Systems Inc.

  6. *Disclaimer: Major Players sorted in no particular order
Business Software Market Concentration
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Business Software Market News

  • March 2023: Cisco Systems Inc and Telenor Group announced an expanded relationship through the fifth iteration of their Joint Purpose Agreement (JPA) to advance strategic priorities that benefit markets in which the companies jointly operate. The focus areas of this collaboration include environmental, social, and governance (ESG) initiatives, as well as innovations related to as-a-service and automation. Additionally, the partnership will prioritize cybersecurity and the development of multi-cloud-as-a-service solutions. Cisco and Telenor plan to accelerate the availability of flexible, scalable, and reliable cybersecurity solutions as-a-service for both business and consumer customers.
  • March 2023: Epicor Software Corporation announced significant momentum in customer cloud adoption in Asia for 2022 at the company's 2023 Asia ReConnect Customer Day held in Kuala Lumpur, Malaysia. As part of its expansion in the region, Epicor is making strategic investments in various markets, such as China, Indonesia, the Philippines, and Vietnam. These investments aim to assist customers in modernizing their solutions and preparing for the future, all while leveraging Epicor's extensive industry expertise and its deep understanding of customer challenges.

Business Software Market Report - Table of Contents

1. INTRODUCTION

  • 1.1 Study Assumptions and Market Definition
  • 1.2 Scope of the Study

2. RESEARCH METHODOLOGY

3. EXECUTIVE SUMMARY

4. MARKET INSIGHTS

  • 4.1 Market Overview
  • 4.2 Industry Value Chain Analysis
  • 4.3 Industry Attractiveness - Porter's Five Forces Analysis
    • 4.3.1 Bargaining Power of Suppliers
    • 4.3.2 Bargaining Power of Buyers
    • 4.3.3 Threat of New Entrants
    • 4.3.4 Threat of Substitutes
    • 4.3.5 Intensity of Competitive Rivalry
  • 4.4 An Assessment of the Impact of COVID-19 on the Market

5. MARKET DYNAMICS

  • 5.1 Market Drivers
    • 5.1.1 Cloud & Networking-Based Advancements
    • 5.1.2 Growing Demand from SMEs
  • 5.2 Market Challenges
    • 5.2.1 Security Concerns Related to Cyber Attacks and Data Breaches

6. MARKET SEGMENTATION

  • 6.1 By Software Type
    • 6.1.1 ERP Software
    • 6.1.2 CRM Software
    • 6.1.3 BI Software
    • 6.1.4 Supply chain Software
  • 6.2 By Deployment
    • 6.2.1 Cloud
    • 6.2.2 On-Premise
  • 6.3 By End-User Vertical
    • 6.3.1 BFSI
    • 6.3.2 Healthcare
    • 6.3.3 Public & Institutions
    • 6.3.4 Retail
    • 6.3.5 Transportation
    • 6.3.6 Manufacturing
    • 6.3.7 Other End-User Verticals (Telecom, Defense, etc.)
  • 6.4 By Geography***
    • 6.4.1 North America
    • 6.4.2 Europe
    • 6.4.3 Asia
    • 6.4.4 Australia and New Zealand
    • 6.4.5 Latin America
    • 6.4.6 Middle East and Africa

7. COMPETITIVE LANDSCAPE

  • 7.1 Company Profiles
    • 7.1.1 Microsoft Corporation
    • 7.1.2 International Business Machines Corporation
    • 7.1.3 Oracle Corporation
    • 7.1.4 SAP SE
    • 7.1.5 Cisco Systems Inc.
    • 7.1.6 Epicor Software Corporation
    • 7.1.7 Infor
    • 7.1.8 NetSuite Inc.
    • 7.1.9 Accenture PLC
    • 7.1.10 Deltek Inc.
  • *List Not Exhaustive

8. INVESTMENT ANALYSIS

9. FUTURE OF THE MARKET

**Subject to Availability
***In the final report, Asia, Australia, and New Zealand will be studied together as 'Asia Pacific' and Latin America and Middle East and Africa will be considered together as 'Rest of the World'
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Business Software Industry Segmentation

Business software is software that is used for business purposes. The term is often used more specifically for software that helps a business to accomplish specific goals through the applied principles that the software supports.

The global business software market is segmented by software type (ERP software, CRM software, BI software, and supply chain software), deployment (cloud and on-premise), end-user vertical (BFSI, healthcare, public & institutions, retail, transportation, manufacturing, and other end-user verticals (telecom, defense, etc.)), and geography (North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa).

The market size and forecast are provided in terms of value (USD) for all the above segments.

By Software Type ERP Software
CRM Software
BI Software
Supply chain Software
By Deployment Cloud
On-Premise
By End-User Vertical BFSI
Healthcare
Public & Institutions
Retail
Transportation
Manufacturing
Other End-User Verticals (Telecom, Defense, etc.)
By Geography*** North America
Europe
Asia
Australia and New Zealand
Latin America
Middle East and Africa
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Business Software Market Research FAQs

How big is the Business Software Market?

The Business Software Market size is expected to reach USD 0.72 trillion in 2025 and grow at a CAGR of 11.23% to reach USD 1.23 trillion by 2030.

What is the current Business Software Market size?

In 2025, the Business Software Market size is expected to reach USD 0.72 trillion.

Who are the key players in Business Software Market?

Microsoft Corporation, International Business Machines Corporation, Oracle Corporation, SAP SE and Cisco Systems Inc. are the major companies operating in the Business Software Market.

Which is the fastest growing region in Business Software Market?

Asia-Pacific is estimated to grow at the highest CAGR over the forecast period (2025-2030).

Which region has the biggest share in Business Software Market?

In 2025, the North America accounts for the largest market share in Business Software Market.

What years does this Business Software Market cover, and what was the market size in 2024?

In 2024, the Business Software Market size was estimated at USD 0.64 trillion. The report covers the Business Software Market historical market size for years: 2019, 2020, 2021, 2022, 2023 and 2024. The report also forecasts the Business Software Market size for years: 2025, 2026, 2027, 2028, 2029 and 2030.

Business Software Industry Report

The global business software and services market is thriving, propelled by the automation of business processes and the surge in enterprise data across industries like retail, healthcare, manufacturing, and transportation. Key segments such as finance and human resources are expanding due to the growing demand for financial management tools and HR software solutions that boost operational efficiency and transparency. Additionally, the support and maintenance services segment is experiencing robust growth, driven by the widespread adoption of business management systems and the need for third-party support services. The popularity of cloud-based deployment is increasing, offering flexibility, cost-effectiveness, and enhanced data security, expected to further drive market growth. The business software industry analysis shows a strong market trajectory, with North America at the forefront of adoption and innovation. Advanced technologies such as AI and machine learning are opening new avenues for market expansion. The business software industry report and business software market analysis indicate a dynamic industry set for ongoing growth and transformation. For more detailed statistics, market share, size, and revenue growth rate, refer to Mordor Intelligence™ Industry Reports. Download a free report PDF sample for deeper insights.