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Business Productivity Software Market by Type and Geography - Forecast and Analysis 2022-2026

  • Published: Jun 2022
  • Pages: 129
  • SKU: IRTNTR73597
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The business productivity software market share is expected to increase by USD 98.39 billion from 2021 to 2026, at an accelerating CAGR of 14.24%.

The business productivity software market has been broadly categorized into the following demographic segmentations: 

  • Type - Large enterprises and SMEs
  • Geography - North America, Europe, APAC, South America, and Middle East and Africa

What will the Business Productivity Software Market Size be During the Forecast Period?

Business Productivity Software Market Size

Download the Free Report Sample to Unlock the Business Productivity Software Market Size for the Forecast Period and Other Important Statistics

 

The business productivity software market report offers information on several market vendors, including Adobe Inc., Alphabet Inc., Amazon.com Inc., Application Corp., AppScale Systems Inc., Asana Inc., Atlassian Corp. Plc, Basecamp LLC, Broadcom Inc., Cisco Systems Inc., Expensify Inc., Fallacy Labs Inc., Freshworks Inc., International Business Machines Corp., Microsoft Corp., monday.com Ltd., Oracle Corp., Salesforce.com Inc., SAP SE, VMware Inc., and Zoho Corp. Pvt. Ltd. among others. 

One of the key highlights of the business productivity software market research report is the post COVID-19 impact analysis on the market, which will help companies evaluate their business approaches for the forecast period.

Business Productivity Software Market: Key Drivers, Trends, and Challenges

The increasing requirements for large-scale business portfolio management is notably driving the business productivity software market growth, although factors such as cybersecurity-related threats may impede the market growth. Our research analysts have studied the historical data and deduced the key market drivers and the COVID-19 pandemic impact on the business productivity software industry. The holistic analysis of the drivers will help in deducing end goals and refining marketing strategies to gain a competitive edge.

Key Business Productivity Software Market Driver

  • The increasing requirements for large-scale business portfolio management is one of the key drivers supporting the business productivity software market growth.
  • Currently, organizations are focusing on cultivating and managing resources necessary for efficient product outputs, which increases the requirements for efficient solutions for large-scale project portfolio management.
  • The primary purpose of the business productivity software is to automate processes to ensure maximum outputs by managing resources and maintaining a regular follow-up.
  • Automated services increase connectivity so that organizations can handle project-related inquiries easily and effectively.
  • By automating the latest sales leads, notifying salespersons becomes an easy task, which leads to lower workloads. Hence, automation increases overall productivity by increasing sales. Such benefits of automation will drive the business productivity software market growth during the forecast period.

Key Business Productivity Software Market Trend

  • Automatic updating and enhancing coherency in business operations is one of the key business productivity software market trends contributing to the market growth.
  • One of the tedious jobs in business productivity management is to update and build project schedules.
  • To increase the productivity of a project, intelligent project portfolio management scheduling tools are integrated into the business operating system. This will prompt project managers, engineers, and analysts to do their essential tasks.
  • If there is no preset process output, then the tool will prompt a message to create the missing process.
  • For instance, in September 2020, Accenture plc announced an investment of $3 billion in forming the Accenture Cloud First to assist clients and accelerate digital transformation. This feature is expected to be adopted by several project portfolio management software vendors during the forecast period and thereby driving the business productivity software market growth.

Key Business Productivity Software Market Challenge

  • Cybersecurity-related threats is one of the challenges limiting the business productivity software market growth.
  • Most enterprises are storing their data on cloud storage platforms, which can be easily hacked or infected by malware.
  • Even though cloud solutions are becoming more secure, they are still vulnerable to distributed denial-of-service (DDoS) attacks, data breaches, unsecured application programming interfaces (APIs), data loss, and account hijacking.
  • To save costs, enterprises have been adopting cloud-based storage models to enhance business productivity, which have limited security control over the data.
  • The cloud-based business productivity software models present a security risk to businesses as they often gain extensive access by which hackers can view, delete, move or store corporate data. Thus, cybersecurity-related issues might pose a critical threat to the global business productivity software market during the forecast period.

This business productivity software market analysis report also provides detailed information on other upcoming trends and challenges that will have a far-reaching effect on the market growth. The actionable insights on the trends and challenges will help companies evaluate and develop growth strategies for 2022-2026.

Who are the Major Business Productivity Software Market Vendors?

The report analyzes the market's competitive landscape and offers information on several market vendors, including:

 

  • Adobe Inc.
  • Alphabet Inc.
  • Amazon.com Inc.
  • Application Corp.
  • AppScale Systems Inc.
  • Asana Inc.
  • Atlassian Corp. Plc
  • Basecamp LLC
  • Broadcom Inc.
  • Cisco Systems Inc.
  • Expensify Inc.
  • Fallacy Labs Inc.
  • Freshworks Inc.
  • International Business Machines Corp.
  • Microsoft Corp.
  • monday.com Ltd.
  • Oracle Corp.
  • Salesforce.com Inc.
  • SAP SE
  • VMware Inc.
  • Zoho Corp. Pvt. Ltd.

 

This statistical study of the business productivity software market encompasses successful business strategies deployed by the key vendors. The business productivity software market is fragmented and the vendors are deploying organic and inorganic growth strategies to compete in the market.

Product Insights and News

  • Abc.xyz - The company offers business productivity software such as drive, docs, sheets, slides and forms that are compatible with various platforms.
  • Amazon.com - The company offers business productivity software such as Honeycode, Chime and WorkDocs for managing productivity, meetings, and collaboration.
  • Appscale.com - The company offers business productivity software such as an independent AWS cloud for a range of applications including computation, storage, networking and administration.

To make the most of the opportunities and recover from post COVID-19 impact, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.

The business productivity software market forecast report offers in-depth insights into key vendor profiles. The profiles include information on the production, sustainability, and prospects of the leading companies.

Which are the Key Regions for Business Productivity Software Market?

Business Productivity Software Market Market segmentation by region

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44% of the market's growth will originate from North America during the forecast period. The US is the key market for teh business productivity software market in North America. Market growth in this region will be faster than the growth of the market in other regions.

The strong existence and penetration of the top vendors will facilitate the business productivity software market growth in North America over the forecast period. This market research report entails detailed information on the competitive intelligence, marketing gaps, and regional opportunities in store for vendors, which will assist in creating efficient business plans.

COVID Impact and Recovery Analysis

In 2020, the outbreak of COVID-19 positively impacted the regional business productivity software market. The emergence of a new business environment with the work-from-home culture increased the adoption of business productivity software in 2020. However, employers faced several challenges owing to the surge in remote working cultures. Therefore, managers and employees require innovative tools or software to provide transparency into their business process operations. Thus, business productivity software helps in keeping workflow cohesive while maintaining high levels of productivity and efficiency in organizations. This, in turn, will drive the business productivity software market growth during the forecast period.

What are the Revenue-generating Type Segments in the Business Productivity Software Market?

Business Productivity Software Market Segmentation

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The business productivity software market share growth by the large enterprises segment will be significant during the forecast period. The main factor that drives the growth of the large enterprises segment is the increasing demand for productivity and resource management across the enterprise value chain for a diverse set of industries such as manufacturing, logistics, and banking and finance. Also, the large enterprises sector is being continuously penetrated by the need for digitization. This, in turn, will increase the adoption of business productivity software by large enterprises during the forecast period.

This report provides an accurate prediction of the contribution of all the segments to the growth of the business productivity software market size and actionable market insights on post COVID-19 impact on each segment.

Parent Market Analysis

Technavio categorizes the global business productivity software market as a part of the global application software market. Our research report has extensively covered external factors influencing the parent market growth potential in the coming years, which will determine the levels of growth of the business productivity software market during the forecast period.

Business Productivity Software Market Value Chain Analysis

Our report provides extensive information on the value chain analysis for the business productivity software market, which vendors can leverage to gain a competitive advantage during the forecast period. The end-to-end understanding of the value chain is essential in profit margin optimization and evaluation of business strategies. The data available in our value chain analysis segment can help vendors drive costs and enhance customer services during the forecast period.

Business Productivity Software Market Scope

Report Coverage

Details

Page number

120

Base year

2021

Forecast period

2022-2026

Growth momentum & CAGR

Accelerate at a CAGR of 14.24%

Market growth 2022-2026

$ 98.39 billion

Market structure

Fragmented

YoY growth (%)

13.22

Regional analysis

North America, Europe, APAC, South America, and Middle East and Africa

Performing market contribution

North America at 44%

Key consumer countries

US, China, Japan, UK, and Germany

Competitive landscape

Leading companies, Competitive strategies, Consumer engagement scope

Key companies profiled

Adobe Inc., Alphabet Inc., Amazon.com Inc., Application Corp., AppScale Systems Inc., Asana Inc., Atlassian Corp. Plc, Basecamp LLC, Broadcom Inc., Cisco Systems Inc., Expensify Inc., Fallacy Labs Inc., Freshworks Inc., International Business Machines Corp., Microsoft Corp., monday.com Ltd., Oracle Corp., Salesforce.com Inc., SAP SE, VMware Inc., and Zoho Corp. Pvt. Ltd.

Market dynamics

Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID 19 impact and recovery analysis and future consumer dynamics, Market condition analysis for forecast period

Customization purview

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What are the Key Data Covered in this Business Productivity Software Market Report?

  • CAGR of the market during the forecast period 2022-2026
  • Detailed information on factors that will drive business productivity software market growth during the next five years
  • Precise estimation of the business productivity software market size and its contribution to the parent market
  • Accurate predictions on upcoming trends and changes in consumer behavior
  • The growth of the business productivity software industry across North America, Europe, APAC, South America, and Middle East and Africa
  • A thorough analysis of the market's competitive landscape and detailed information on vendors
  • Comprehensive details of factors that will challenge the growth of business productivity software market vendors

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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 Type
    • Exhibit 06: Executive Summary – Chart on Incremental Growth
    • Exhibit 07: Executive Summary – Data Table on Incremental Growth
    • Exhibit 08: Executive Summary – Chart on Vendor Market Positioning

2 Market Landscape

  • 2.1 Market ecosystem
    • Exhibit 09: Parent market
    • Exhibit 10: Market Characteristics

3 Market Sizing

  • 3.1 Market definition
    • Exhibit 11: Offerings of vendors included in the market definition
  • 3.2 Market segment analysis
    • Exhibit 12: Market segments
  • 3.3 Market size 2021
    • 3.4 Market outlook: Forecast for 2021-2026
      • Exhibit 13: Chart on Global - Market size and forecast 2021-2026 ($ billion)
      • Exhibit 14: Data Table on Global - Market size and forecast 2021-2026 ($ billion)
      • Exhibit 15: Chart on Global Market: Year-over-year growth 2021-2026 (%)
      • Exhibit 16: Data Table on Global Market: Year-over-year growth 2021-2026 (%)

    4 Five Forces Analysis

    • 4.1 Five forces summary
      • Exhibit 17: Five forces analysis - Comparison between 2021 and 2026
    • 4.2 Bargaining power of buyers
      • Exhibit 18: Chart on Bargaining power of buyers – Impact of key factors 2021 and 2026
    • 4.3 Bargaining power of suppliers
      • Exhibit 19: Bargaining power of suppliers – Impact of key factors in 2021 and 2026
    • 4.4 Threat of new entrants
      • Exhibit 20: Threat of new entrants – Impact of key factors in 2021 and 2026
    • 4.5 Threat of substitutes
      • Exhibit 21: Threat of substitutes – Impact of key factors in 2021 and 2026
    • 4.6 Threat of rivalry
      • Exhibit 22: Threat of rivalry – Impact of key factors in 2021 and 2026
    • 4.7 Market condition
      • Exhibit 23: Chart on Market condition - Five forces 2021 and 2026

    5 Market Segmentation by Type

    • 5.1 Market segments
      • Exhibit 24: Chart on Type - Market share 2021-2026 (%)
      • Exhibit 25: Data Table on Type - Market share 2021-2026 (%)
    • 5.2 Comparison by Type
      • Exhibit 26: Chart on Comparison by Type
      • Exhibit 27: Data Table on Comparison by Type
    • 5.3 Large enterprises - Market size and forecast 2021-2026
      • Exhibit 28: Chart on Large enterprises - Market size and forecast 2021-2026 ($ billion)
      • Exhibit 29: Data Table on Large enterprises - Market size and forecast 2021-2026 ($ billion)
      • Exhibit 30: Chart on Large enterprises - Year-over-year growth 2021-2026 (%)
      • Exhibit 31: Data Table on Large enterprises - Year-over-year growth 2021-2026 (%)
    • 5.4 SMEs - Market size and forecast 2021-2026
      • Exhibit 32: Chart on SMEs - Market size and forecast 2021-2026 ($ billion)
      • Exhibit 33: Data Table on SMEs - Market size and forecast 2021-2026 ($ billion)
      • Exhibit 34: Chart on SMEs - Year-over-year growth 2021-2026 (%)
      • Exhibit 35: Data Table on SMEs - Year-over-year growth 2021-2026 (%)
    • 5.5 Market opportunity by Type
      • Exhibit 36: Market opportunity by Type ($ billion)

    6 Customer Landscape

    • 6.1 Customer landscape overview
      • Exhibit 37: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

    7 Geographic Landscape

    • 7.1 Geographic segmentation
      • Exhibit 38: Chart on Market share by geography 2021-2026 (%)
      • Exhibit 39: Data Table on Market share by geography 2021-2026 (%)
    • 7.2 Geographic comparison
      • Exhibit 40: Chart on Geographic comparison
      • Exhibit 41: Data Table on Geographic comparison
    • 7.3 North America - Market size and forecast 2021-2026
      • Exhibit 42: Chart on North America - Market size and forecast 2021-2026 ($ billion)
      • Exhibit 43: Data Table on North America - Market size and forecast 2021-2026 ($ billion)
      • Exhibit 44: Chart on North America - Year-over-year growth 2021-2026 (%)
      • Exhibit 45: Data Table on North America - Year-over-year growth 2021-2026 (%)
    • 7.4 Europe - Market size and forecast 2021-2026
      • Exhibit 46: Chart on Europe - Market size and forecast 2021-2026 ($ billion)
      • Exhibit 47: Data Table on Europe - Market size and forecast 2021-2026 ($ billion)
      • Exhibit 48: Chart on Europe - Year-over-year growth 2021-2026 (%)
      • Exhibit 49: Data Table on Europe - Year-over-year growth 2021-2026 (%)
    • 7.5 APAC - Market size and forecast 2021-2026
      • Exhibit 50: Chart on APAC - Market size and forecast 2021-2026 ($ billion)
      • Exhibit 51: Data Table on APAC - Market size and forecast 2021-2026 ($ billion)
      • Exhibit 52: Chart on APAC - Year-over-year growth 2021-2026 (%)
      • Exhibit 53: Data Table on APAC - Year-over-year growth 2021-2026 (%)
    • 7.6 South America - Market size and forecast 2021-2026
      • Exhibit 54: Chart on South America - Market size and forecast 2021-2026 ($ billion)
      • Exhibit 55: Data Table on South America - Market size and forecast 2021-2026 ($ billion)
      • Exhibit 56: Chart on South America - Year-over-year growth 2021-2026 (%)
      • Exhibit 57: Data Table on South America - Year-over-year growth 2021-2026 (%)
    • 7.7 Middle East and Africa - Market size and forecast 2021-2026
      • Exhibit 58: Chart on Middle East and Africa - Market size and forecast 2021-2026 ($ billion)
      • Exhibit 59: Data Table on Middle East and Africa - Market size and forecast 2021-2026 ($ billion)
      • Exhibit 60: Chart on Middle East and Africa - Year-over-year growth 2021-2026 (%)
      • Exhibit 61: Data Table on Middle East and Africa - Year-over-year growth 2021-2026 (%)
    • 7.8 US - Market size and forecast 2021-2026
      • Exhibit 62: Chart on US - Market size and forecast 2021-2026 ($ billion)
      • Exhibit 63: Data Table on US - Market size and forecast 2021-2026 ($ billion)
      • Exhibit 64: Chart on US - Year-over-year growth 2021-2026 (%)
      • Exhibit 65: Data Table on US - Year-over-year growth 2021-2026 (%)
    • 7.9 UK - Market size and forecast 2021-2026
      • Exhibit 66: Chart on UK - Market size and forecast 2021-2026 ($ billion)
      • Exhibit 67: Data Table on UK - Market size and forecast 2021-2026 ($ billion)
      • Exhibit 68: Chart on UK - Year-over-year growth 2021-2026 (%)
      • Exhibit 69: Data Table on UK - Year-over-year growth 2021-2026 (%)
    • 7.10 Germany - Market size and forecast 2021-2026
      • Exhibit 70: Chart on Germany - Market size and forecast 2021-2026 ($ billion)
      • Exhibit 71: Data Table on Germany - Market size and forecast 2021-2026 ($ billion)
      • Exhibit 72: Chart on Germany - Year-over-year growth 2021-2026 (%)
      • Exhibit 73: Data Table on Germany - Year-over-year growth 2021-2026 (%)
    • 7.11 China - Market size and forecast 2021-2026
      • Exhibit 74: Chart on China - Market size and forecast 2021-2026 ($ billion)
      • Exhibit 75: Data Table on China - Market size and forecast 2021-2026 ($ billion)
      • Exhibit 76: Chart on China - Year-over-year growth 2021-2026 (%)
      • Exhibit 77: Data Table on China - Year-over-year growth 2021-2026 (%)
    • 7.12 Japan - Market size and forecast 2021-2026
      • Exhibit 78: Chart on Japan - Market size and forecast 2021-2026 ($ billion)
      • Exhibit 79: Data Table on Japan - Market size and forecast 2021-2026 ($ billion)
      • Exhibit 80: Chart on Japan - Year-over-year growth 2021-2026 (%)
      • Exhibit 81: Data Table on Japan - Year-over-year growth 2021-2026 (%)
    • 7.13 Market opportunity by geography
      • Exhibit 82: Market opportunity by geography ($ billion)

    8 Drivers, Challenges, and Trends

    • 8.1 Market drivers
      • 8.2 Market challenges
        • 8.3 Impact of drivers and challenges
          • Exhibit 83: Impact of drivers and challenges in 2021 and 2026
        • 8.4 Market trends

          9 Vendor Landscape

          • 9.1 Overview
            • 9.2 Vendor landscape
              • Exhibit 84: Overview on Criticality of inputs and Factors of differentiation
            • 9.3 Landscape disruption
              • Exhibit 85: Overview on factors of disruption
            • 9.4 Industry risks
              • Exhibit 86: Impact of key risks on business

            10 Vendor Analysis

            • 10.1 Vendors covered
              • Exhibit 87: Vendors covered
            • 10.2 Market positioning of vendors
              • Exhibit 88: Matrix on vendor position and classification
            • 10.3 Alphabet Inc.
              • Exhibit 89: Alphabet Inc. - Overview
              • Exhibit 90: Alphabet Inc. - Business segments
              • Exhibit 91: Alphabet Inc. - Key news
              • Exhibit 92: Alphabet Inc. - Key offerings
              • Exhibit 93: Alphabet Inc. - Segment focus
            • 10.4 Amazon.com Inc.
              • Exhibit 94: Amazon.com Inc. - Overview
              • Exhibit 95: Amazon.com Inc. - Business segments
              • Exhibit 96: Amazon.com Inc. - Key news
              • Exhibit 97: Amazon.com Inc. - Key offerings
              • Exhibit 98: Amazon.com Inc. - Segment focus
            • 10.5 AppScale Systems Inc.
              • Exhibit 99: AppScale Systems Inc. - Overview
              • Exhibit 100: AppScale Systems Inc. - Product / Service
              • Exhibit 101: AppScale Systems Inc. - Key offerings
            • 10.6 Broadcom Inc.
              • Exhibit 102: Broadcom Inc. - Overview
              • Exhibit 103: Broadcom Inc. - Business segments
              • Exhibit 104: Broadcom Inc. - Key news
              • Exhibit 105: Broadcom Inc. - Key offerings
              • Exhibit 106: Broadcom Inc. - Segment focus
            • 10.7 International Business Machines Corp.
              • Exhibit 107: International Business Machines Corp. - Overview
              • Exhibit 108: International Business Machines Corp. - Business segments
              • Exhibit 109: International Business Machines Corp. - Key offerings
              • Exhibit 110: International Business Machines Corp. - Segment focus
            • 10.8 Microsoft Corp.
              • Exhibit 111: Microsoft Corp. - Overview
              • Exhibit 112: Microsoft Corp. - Business segments
              • Exhibit 113: Microsoft Corp. - Key news
              • Exhibit 114: Microsoft Corp. - Key offerings
              • Exhibit 115: Microsoft Corp. - Segment focus
            • 10.9 Oracle Corp.
              • Exhibit 116: Oracle Corp. - Overview
              • Exhibit 117: Oracle Corp. - Business segments
              • Exhibit 118: Oracle Corp. - Key news
              • Exhibit 119: Oracle Corp. - Key offerings
              • Exhibit 120: Oracle Corp. - Segment focus
            • 10.10 Salesforce.com Inc.
              • Exhibit 121: Salesforce.com Inc. - Overview
              • Exhibit 122: Salesforce.com Inc. - Product / Service
              • Exhibit 123: Salesforce.com Inc. - Key news
              • Exhibit 124: Salesforce.com Inc. - Key offerings
            • 10.11 SAP SE
              • Exhibit 125: SAP SE - Overview
              • Exhibit 126: SAP SE - Business segments
              • Exhibit 127: SAP SE - Key news
              • Exhibit 128: SAP SE - Key offerings
              • Exhibit 129: SAP SE - Segment focus
            • 10.12 VMware Inc.
              • Exhibit 130: VMware Inc. - Overview
              • Exhibit 131: VMware Inc. - Product / Service
              • Exhibit 132: VMware Inc. - Key news
              • Exhibit 133: VMware Inc. - Key offerings

            11 Appendix

            • 11.1 Scope of the report
              • 11.2 Inclusions and exclusions checklist
                • Exhibit 134: Inclusions checklist
                • Exhibit 135: Exclusions checklist
              • 11.3 Currency conversion rates for US$
                • Exhibit 136: Currency conversion rates for US$
              • 11.4 Research methodology
                • Exhibit 137: Research methodology
                • Exhibit 138: Validation techniques employed for market sizing
                • Exhibit 139: Information sources
              • 11.5 List of abbreviations
                • Exhibit 140: List of abbreviations

              Research Framework

              Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.

              TechnavioINFORMATION SOURCES

              Primary sources

              • Manufacturers and suppliers
              • Channel partners
              • Industry experts
              • Strategic decision makers

              Secondary sources

              • Industry journals and periodicals
              • Government data
              • Financial reports of key industry players
              • Historical data
              • Press releases
              Technavio

              TechnavioDATA ANALYSIS

              Data Synthesis

              • Collation of data
              • Estimation of key figures
              • Analysis of derived insights

              Data Validation

              • Triangulation with data models
              • Reference against proprietary databases
              • Corroboration with industry experts
              Technavio

              TechnavioREPORT WRITING

              Qualitative

              • Market drivers
              • Market challenges
              • Market trends
              • Five forces analysis

              Quantitative

              • Market size and forecast
              • Market segmentation
              • Geographical insights
              • Competitive landscape
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              Business Productivity Software Market market growth will increase by $98.39 bn during 2022-2026.
              The business productivity software market market is expected to grow at a CAGR of 14.24% during 2022-2026.
              Technavio has segmented the business productivity software market market by type (Large enterprises and SMEs) and geography (North America, Europe, APAC, South America, and Middle East and Africa).
              Adobe Inc., Alphabet Inc., Amazon.com Inc., Application Corp., AppScale Systems Inc., Asana Inc., Atlassian Corp. Plc, Basecamp LLC, Broadcom Inc., Cisco Systems Inc., Expensify Inc., Fallacy Labs Inc., Freshworks Inc., International Business Machines Corp., Microsoft Corp., monday.com Ltd., Oracle Corp., Salesforce.com Inc., SAP SE, VMware Inc., Zoho Corp. Pvt. Ltd. are a few of the key vendors in the business productivity software market market.
              North America will register the highest growth rate of 44% among the other regions. Therefore, the business productivity software market market in North America is expected to garner significant business opportunities for the vendors during the forecast period.
              The key factors driving the business productivity software market market growth are:
              • Increasing requirements for large-scale business portfolio management
              • Automatic updating and enhancing coherency in business operations
              The business productivity software market market vendors should focus on grabbing business opportunities from the large enterprises segment as it accounted for the largest market share in the base year.
              • What are the key global market and the regional market share?
              • What are the revenue-generating key market segments?
              • What are the key factors driving and challenging this market’s growth?
              • Who are the key market vendors and their growth strategies?
              • What are the latest trends influencing the growth of this market?
              • What are the variables influencing the market growth in the primary regions?
              • What are the factors influencing the growth of the parent market?
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              • Five-force market analysis

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