The revenue in the 'Office Software' segment of the software market in the United Kingdom was forecast to continuously increase between 2024 and 2028 by in total 330.3 million U.S. dollars (+21.57 percent). After the sixth consecutive increasing year, the indicator is estimated to reach 1.9 billion U.S. dollars and therefore a new peak in 2028.
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Data provided by Statista Market Insights are estimates.
Definition:
The Office Software market covers software applications that are used for productivity and work-related tasks in an office environment such as word processing, spreadsheet management, and presentation creation in both personal and professional environments.
Products in the Office Software market can be obtained in two ways: as on-premises software that is sold via a transactional license or a subscription and as cloud-based software (software as a service/ SaaS) that is most frequently sold as a subscription.
Additional Information:
The Office Software market comprises revenue and revenue growth as the key performance indicators. Only revenues that are generated by primary vendors at the manufacturer price level either directly or through distribution channels (excluding value-added tax) are included, and revenues generated by resellers are excluded. Revenues are generated through both online and offline sales channels and include spending by consumers (B2C), enterprises (B2B) as well as governments (B2G).
Key players in this market include Microsoft and Google.
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Statista. (December 20, 2023). Revenue of the office software market in the United Kingdom from 2019 to 2028 (in million U.S. dollars) [Graph]. In Statista. Retrieved June 13, 2024, from https://www.statista.com/forecasts/966264/office-software-market-revenue-in-united-kingdom
Statista. "Revenue of the office software market in the United Kingdom from 2019 to 2028 (in million U.S. dollars)." Chart. December 20, 2023. Statista. Accessed June 13, 2024. https://www.statista.com/forecasts/966264/office-software-market-revenue-in-united-kingdom
Statista. (2023). Revenue of the office software market in the United Kingdom from 2019 to 2028 (in million U.S. dollars). Statista. Statista Inc.. Accessed: June 13, 2024. https://www.statista.com/forecasts/966264/office-software-market-revenue-in-united-kingdom
Statista. "Revenue of The Office Software Market in The United Kingdom from 2019 to 2028 (in Million U.S. Dollars)." Statista, Statista Inc., 20 Dec 2023, https://www.statista.com/forecasts/966264/office-software-market-revenue-in-united-kingdom
Statista, Revenue of the office software market in the United Kingdom from 2019 to 2028 (in million U.S. dollars) Statista, https://www.statista.com/forecasts/966264/office-software-market-revenue-in-united-kingdom (last visited June 13, 2024)
Revenue of the office software market in the United Kingdom from 2019 to 2028 (in million U.S. dollars) [Graph], Statista, December 20, 2023. [Online]. Available: https://www.statista.com/forecasts/966264/office-software-market-revenue-in-united-kingdom