Lionel Sujay Vailshery
Research expert covering the consumer electronics industry
Get in touch with us nowTop pure-play software and programming companies globally 2017-2022, by sales
Microsoft was the largest software and programming company worldwide by net sales from 2017 to 2023. In the most recent year, Microsoft’s sales revenue reached 208 billion U.S. dollars. Oracle and SAP ranked in distant second and third places, earning 48 and 33 billion U.S. dollars respectively.
Enterprise Software Industry
In 2022, the IT spending on enterprise software amounted to 784 billion U.S. dollars worldwide. The enterprise software market is the fastest-growing sector in the IT industry, in comparison to other segments such as IT services and data center systems. The market includes a wide range of applications such as human resource management (HRM), enterprise resource planning (ERP), customer relationship management (CRM), office suites, etc. However, due to the negative economic impact of the coronavirus (COVID-19) pandemic, the market witnessed a decline in 2020 but recovered quickly in 2022.
Microsoft Corporation
Founded in 1975 by Bill Gates and Paul Allen, Microsoft has grown into one of the most successful tech firms in the world and has experienced years of continued success. Microsoft’s core business is its productivity and business process segment, from which the company generated 198 billion U.S. dollars in its 2022 financial year. Intelligence cloud, another highly prolific segment, brought in a further 75 billion U.S. dollars in that year.
Enterprise Software Industry
In 2022, the IT spending on enterprise software amounted to 784 billion U.S. dollars worldwide. The enterprise software market is the fastest-growing sector in the IT industry, in comparison to other segments such as IT services and data center systems. The market includes a wide range of applications such as human resource management (HRM), enterprise resource planning (ERP), customer relationship management (CRM), office suites, etc. However, due to the negative economic impact of the coronavirus (COVID-19) pandemic, the market witnessed a decline in 2020 but recovered quickly in 2022.
Microsoft Corporation
Founded in 1975 by Bill Gates and Paul Allen, Microsoft has grown into one of the most successful tech firms in the world and has experienced years of continued success. Microsoft’s core business is its productivity and business process segment, from which the company generated 198 billion U.S. dollars in its 2022 financial year. Intelligence cloud, another highly prolific segment, brought in a further 75 billion U.S. dollars in that year.
