Revenue in the Office Software segment is projected to reach US$25.90bn in 2022.
Revenue is expected to show an annual growth rate (CAGR 2022-2027) of 4.69%, resulting in a market volume of US$32.57bn by 2027.
In global comparison, most revenue will be generated in the United States (US$13,070.00m in 2022).
This segment consists of common Office Software such as word-processing, spreadsheet and visualization software. This software is used in a professional as well as in a private environment. It does not include free-of-charge office solutions. Office Software can be provided in one of two ways: on-premises software is sold via a transactional license or as a subscription, and cloud-based software (software as a service / SaaS) is most often sold as a subscription. Company examples: Microsoft, Google.
Consumer and Enterprise spend
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