Summary
Software in the United States industry profile provides top-line qualitative and quantitative summary information including: market share, market size (value 2018-23, and forecast to 2028). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.
Key Highlights
- The software market encompasses applications used for business operations (e.g., ERP, CRM, etc.), as well as infrastructure software that manages IT systems and operations.
- The US software market registered revenues of $291.2 billion in 2023, representing a compound annual growth rate (CAGR) of 7.9% between 2018 and 2023.
- The business process applications segment accounted for the market's largest proportion in 2023, with total revenues of $80.7 billion, equivalent to 27.7% of the market's overall value.
- The US software market is characterized by being the home to the world’s largest software companies, including Microsoft, IBM, and Oracle, which are all based therein the US.
Scope
- Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the software market in the United States
- Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the software market in the United States
- Leading company profiles reveal details of key software market players’ global operations and financial performance
- Add weight to presentations and pitches by understanding the future growth prospects of the United States software market with five year forecasts
Reasons to Buy
- What was the size of the United States software market by value in 2023?
- What will be the size of the United States software market in 2028?
- What factors are affecting the strength of competition in the United States software market?
- How has the market performed over the last five years?
- Who are the top competitors in the United States's software market?
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Table of Contents
1 Executive Summary
1.1. Market value
1.2. Market value forecast
1.3. Category segmentation
1.4. Geography segmentation
1.5. Market rivalry
1.6. Competitive landscape
2 Market Overview
2.1. Market definition
2.2. Market analysis
3 Market Data
3.1. Market value
4 Market Segmentation
4.1. Category segmentation
4.2. Geography segmentation
5 Market Outlook
5.1. Market value forecast
6 Five Forces Analysis
6.1. Summary
6.2. Buyer power
6.3. Supplier power
6.4. New entrants
6.5. Threat of substitutes
6.6. Degree of rivalry
7 Competitive Landscape
7.1. Who are the leading players?
7.2. What are the strengths/weaknesses of leading players?
7.3. What are the recent developments in the market?
8 Company Profiles
8.1. Apple Inc
8.2. Oracle Corporation
8.3. International Business Machines Corporation
8.4. Microsoft Corporation
8.5. Alphabet Inc
9 Macroeconomic Indicators
9.1. Country data
10 Appendix
10.1. Methodology
10.2. Industry associations
10.3. Related MarketLine research
10.4. About MarketLine
List of Tables
Table 1: United States software market value: $ million, 2018–23
Table 2: United States software market category segmentation: % share, by value, 2018–2023
Table 3: United States software market category segmentation: $ million, 2018-2023
Table 4: United States software market geography segmentation: $ million, 2023
Table 5: United States software market value forecast: $ million, 2023–28
Table 6: Apple Inc: key facts
Table 7: Apple Inc: Annual Financial Ratios
Table 8: Apple Inc: Key Employees
Table 9: Oracle Corporation: key facts
Table 10: Oracle Corporation: Annual Financial Ratios
Table 11: Oracle Corporation: Key Employees
Table 12: Oracle Corporation: Key Employees Continued
Table 13: International Business Machines Corporation: key facts
Table 14: International Business Machines Corporation: Annual Financial Ratios
Table 15: International Business Machines Corporation: Key Employees
Table 16: International Business Machines Corporation: Key Employees Continued
Table 17: Microsoft Corporation: key facts
Table 18: Microsoft Corporation: Annual Financial Ratios
Table 19: Microsoft Corporation: Key Employees
Table 20: Microsoft Corporation: Key Employees Continued
Table 21: Alphabet Inc: key facts
Table 22: Alphabet Inc: Annual Financial Ratios
Table 23: Alphabet Inc: Key Employees
Table 24: United States size of population (million), 2019–23
Table 25: United States gdp (constant 2005 prices, $ billion), 2019–23
Table 26: United States gdp (current prices, $ billion), 2019–23
Table 27: United States inflation, 2019–23
Table 28: United States consumer price index (absolute), 2019–23
Table 29: United States exchange rate, 2019–23
List of Figures
Figure 1: United States software market value: $ million, 2018–23
Figure 2: United States software market category segmentation: $ million, 2018-2023
Figure 3: United States software market geography segmentation: % share, by value, 2023
Figure 4: United States software market value forecast: $ million, 2023–28
Figure 5: Forces driving competition in the software market in the United States, 2023
Figure 6: Drivers of buyer power in the software market in the United States, 2023
Figure 7: Drivers of supplier power in the software market in the United States, 2023
Figure 8: Factors influencing the likelihood of new entrants in the software market in the United States, 2023
Figure 9: Factors influencing the threat of substitutes in the software market in the United States, 2023
Figure 10: Drivers of degree of rivalry in the software market in the United States, 2023
