US Software Industry Revenues to Advance 5.6% Annually to 2022

The Rise in E-Commerce and Cloud- and Mobile-Based Computing Will Propel Gains

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Aug 30, 2018, 14:24 ET

CLEVELAND, Aug. 30, 2018 /PRNewswire/ -- US software industry revenues are forecast to see 5.6% annual advances through 2022, according to Software: United States, a report recently released by Freedonia Focus Reports. Advances will reflect rising business activity, disposable personal income levels, and global production of computers and smart devices, as well as an intensifying regulatory environment. The rapid and ongoing shift to e-commerce and cloud- and mobile-based computing will remain the most influential trends, boosting demand for products capable of improving connectivity, reducing complexity, and leveraging large datasets.

More information about the report is available at:
https://www.freedoniafocusreports.com/Software-United-States-FF95028/

Revenues for general business productivity and home use applications software are projected to rise 6.8% per year to 2022, the fastest pace of any discrete segment. Continuity, mobile, micro-transactions, and free gateway offerings will remain significant trends.

These and other key insights are featured in Software: United States. This report forecasts to 2022 US software publishing industry revenues in nominal US dollars. Total revenues are segmented by software type in terms of:

general application
cross-industry
operating system
network
database
vertical market
development tools
utilities
other software, including custom software

To illustrate historical trends, total revenues and the various segments are provided in annual series from 2007 to 2017.

About Freedonia Focus Reports
Each month, The Freedonia Group – a division of MarketResearch.com – publishes over 20 new or updated Freedonia Focus Reports, providing fresh, unbiased analysis on a wide variety of markets and industries. Published in 20-30 pages, Focus Report coverage ranges from raw materials to finished manufactured goods and related services such as freight and construction. Additional Services & Industries reports can be purchased at Freedonia Focus Reports or MarketResearch.com.

Analysis is intended to guide the busy reader through pertinent topics in rapid succession, including: