How big is the software market?

The global software market size was estimated at USD 730.70 billion in 2024 and is expected to reach USD 817.77 billion in 2025.

What is the software market growth?

The global software market is expected to grow at a compound annual growth rate of 11.3% from 2025 to 2030 to reach USD1,397.31 billion by 2030.

Which region accounted for the highest share in the software market?

North America dominated the market in 2024, accounting for over 41% share of the global revenue. The North American region has widely adopted various software and generates the highest revenue there. Besides, the U.S. is the major country in the world that contributed mainly to the software market.

Who are the key players in the software market?

Some key players operating in the software market include IBM Corporation; McAfee Corporation; NortonLifeLock Inc.; Microsoft; Oracle; SAP SE; Adobe Inc.; VMware Inc.; Block, Inc.; and Intuit Inc.