Independent Software Vendors Market to Record 11.50% Y-O-Y Growth Rate in 2022 | Alphabet Inc. and Apple Inc. Among Key Vendors| Technavio

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Jan 19, 2022, 03:15 ET

NEW YORK, Jan. 19, 2022 /PRNewswire/ --

Independent Software Vendors Market Facts at a Glance-

Attractive Opportunities in Independent Software Vendors Market by Deployment and Geography - Forecast and Analysis 2022-2026

Total Pages: 120
Companies: 10+ – Including Alphabet Inc., Apple Inc., BMC Software Inc., Cisco Systems Inc., HP Inc., International Business Machines Corp., Microsoft Corp., Oracle Corp., SAP SE, and Vision ID Ltd. among others.
Coverage: Key drivers, trends, and challenges; Product insights & news; Value chain analysis; Parent market analysis; Vendor landscape;
Segments: Deployment (on-premise and cloud)
Geographies: North America (US), Europe (UK), APAC (China), South America, and MEA

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According to the recent market study by Technavio, the Independent Software Vendors Market is expected to increase by USD 1514.19 billion from 2021 to 2026, at an accelerated CAGR of 13.32%. The report provides a detailed analysis of drivers & opportunities, top winning strategies, competitive scenario, future market trends, market size & estimations, and major investment pockets.

North America will register the highest growth rate of 35% among the other regions. The US is a key market for independent software vendors.

Download FREE Sample: for more additional information about the key countries in North America.

The independent software vendors market covers the following areas:

Independent Software Vendors Market Sizing
Independent Software Vendors Market Forecast
Independent Software Vendors Market Analysis

Vendor Insights-

The independent software vendors market is fragmented. Vendors are deploying various organic and inorganic growth strategies to compete in the market. The key developments of some of the vendors are given below:

In December 2021, BMC Software Inc. announced the recognition as Leader in Enterprise Service Management.

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Regional Market Outlook
The independent software vendors market share growth in North America will be significant during the forecast period. The US is a key market for independent software vendors in North America.

North America has been recording a significant growth rate. Hence, it is expected to offer several growth opportunities to market vendors during the forecast period. Growing automation of business processes will drive the independent software vendors market growth in North America during the forecast period.

Download our FREE sample report for more key highlights on the regional market share of most of the above-mentioned countries.

Latest Drivers & Challenges Impacting the Market-

The increase in the volume of enterprise data is notably driving the independent software vendors market growth. However, factors such as high costs of licensing and support may challenge market growth.

Find additional information about various other market Drivers & Challenges mentioned in our FREE sample report.

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Independent Software Vendors Market Scope
Report Coverage	Details
Page number	120
Base year	2021
Forecast period	2022-2026
Growth momentum & CAGR	Accelerate at a CAGR of 13.32%
Market growth 2022-2026	USD 1514.19 billion
Market structure	Fragmented
YoY growth (%)	11.50
Regional analysis	North America, Europe, APAC, South America, and MEA
Performing market contribution	North America at 35%
Key consumer countries	US, UK, China, Germany, and Japan
Competitive landscape	Leading companies, Competitive strategies, Consumer engagement scope
Companies profiled	Alphabet Inc., Apple Inc., BMC Software Inc., Cisco Systems Inc., HP Inc., International Business Machines Corp., Microsoft Corp., Oracle Corp., SAP SE, and Vision ID Ltd.
Market Dynamics	Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and future consumer dynamics, Market condition analysis for forecast period
Customization purview	If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.

About Us
Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio's report library Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

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