Other software publishing revenue in the United Kingdom 2010-2022

Other software publishing revenue in the United Kingdom from 2010 to 2022 (in million U.S. dollars)

by Philipp Huhn, last edited Nov 22, 2019
Other software publishing revenue in the United Kingdom 2010-2022 Despite Brexit related uncertainties and a highest venture capital funding among all European cities during the period 2010-2016.

Enterprise software on the rise

Over the last few years, UK based companies have witnessed strong demand for enterprise software development services with the market expected to value 5.7 billion U.S. dollars in 2021 up from 4.2 billion U.S. dollars in 2016. Interestingly, companies are now opting for customized software instead of the usual off the shelf option, thus providing a much needed boost to the bespoke industry.

Number of software companies on the rise

The popularity of UK as a software hub has extended beyond the country’s borders with overseas buyers now increasingly relying on UK companies for their software needs. This is one of the main factors driving the strong increase in the number of software publishing businesses in the country, which has had a cascading effect on the country’s overall IT services and software market value.
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Other software publishing revenue in the United Kingdom from 2010 to 2022 (in million U.S. dollars)

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