Global software industry: financial insight
A Statista DossierPlus on financial KPI benchmarks of listed software companies
As an integral part of today's life and businesses, software can be found everywhere. From virtual assistant on our smartphones to remote working solutions such as Microsoft Teams, software enables new ways of living and working like nothing else.
The software industry had enjoyed steady growth before the coronavirus (COVID-19) outbreak. The pandemic led to a slight market decline in 2020, yet the software industry is expected to resume pre-pandemic growth in 2021 and beyond. From 2016 to 2020, the median revenue of global listed software companies grew continuously, together with their total expenses. Despite the economic recession brought about by the pandemic, certain areas of the software sector, particularly cloud-based technologies such as software-as-a-service (SaaS) solutions, have seen increased adoption, as the social-distancing measures practiced during the pandemic highlight the demand for remote solutions.
This Statista DossierPlus provides an overview of the software industry before taking a deep dive into various financial KPIs of the global listed software companies. It looks at the financial KPIs on a global level as well as explores the regional differences. It also compares the KPIs of the leading software vendors, shedding light on their financial performance.
