The global productivity management software market size was valued at USD 47.30 billion in 2021, and is predicted to be worth around USD 149.70 billion by 2030, registering a CAGR of 13.7% during the forecast period 2022 to 2030.
Growth Factors
The digital transformation initiatives that have resulted in improved IT systems to meet customers' diverse requirements, the need to encourage collaboration among teams and increase workforce utilization, and the growing use of advanced technologies such as artificial intelligence, cloud computing, and machine learning are the factors anticipated to drive the growth.
The growing requirement to manage tasks and workflow among the business to amplify the growth and swiftly growing advancements in Machine Learning (ML) and Artificial Intelligence (AI) are the key factors driving the market. Furthermore, the growing adoption of cloud computing in the business processes and the increasing adoption of enterprise mobility, smartphones, and Bring Your Own Device (BYOD) to expand the mobile workforce will surge the demand for productivity management software, contributing to the growth of the market.
Report Coverage
Report Scope | Details |
Market Size | US$ 149.70 billion by 2030 |
Growth Rate | CAGR of 13.7% From 2022 to 2030 |
Largest Market | North America |
Base Year | 2021 |
Forecast Period | 2022 to 2030 |
Segments Covered | Solution, Deployment, Enterprise |
Regional Scope | North America, Europe, Asia Pacific, Latin America, Middle East & Africa |
Companies Mentioned | Google LLC; Microsoft; Salesforce.com, Inc.; Slack Technologies, Inc.; Monday.com; IBM Corporation; Oracle; Zoho Corporation Pvt. Ltd.; Adobe; HyperOffice |
By Solution Analysis
The content management and collaboration segment dominated the market in 2021 and accounted for more than 35% of the global revenue. The segment includes workflow management, file sharing, task and project management, and communication, among others.
The content management and collaboration software create working together on professional projects faster and more accessible, and it reduces the bottleneck in feedback and approval processes.
The artificial intelligence and predictive analytics segment is anticipated to exhibit the highest CAGR of over 15.0% during the forecast period. The segment includes software that use data mining techniques, statistical algorithms, machine learning, and AI.
This software makes an in-depth analysis of current data to identify patterns in historical events and helps the company to transform data into predictive insights and to maximize the productivity of the organization.
By Deployment Analysis
The cloud-based PMS segment held the leading revenue share of more than 55.0% in 2021. Enterprises are concerned about the costs of data hosting on-premises, both in terms of deployment and maintenance. The cloud provides the pay-as-you-go model, allowing businesses to pay for cloud services based on how much they use them, resulting in lower costs.
The on-premise deployment segment of the productivity management software market is expected to register a significant CAGR of 6.8% in the forthcoming years. The on-premise deployment of productivity management software has a substantial amount of revenue share, and it is attributed to the large enterprises using the on-premise deployment of productivity management software.
By Enterprise Analysis
The Small and Medium Enterprises (SMEs) segment held the leading revenue share of more than 50.0% in 2021.Productivity management software enables businesses to offload unproductive and repetitive tasks to technology that can complete them more efficiently and efficiently.
The increasing number of large enterprises across the emerging and developed economies is expected to increase the demand for productivity management software over the forecast period.
The SMEs segment is also anticipated to exhibit the highest CAGR of 18.2% over the forecast period. Productivity management software helps SMEs improve costs, remove repetitive tasks, prioritize work, and improve collaboration among teams.
The growth can be attributed to the increasing number of SMEs in emerging countries, such as China and India. Moreover, increased demand for productivity management software solutions among SMEs to simplify workflow and decrease operational costs is expected to propel market growth.
By Regional Analysis
North America accounted for the largest revenue share of around 35% in 2021 and is projected to hold the dominant share throughout the forecast period owing to the presence of key companies such as Salesforce, Oracle, IBM Corporation, Microsoft Corporation, Adobe, and Google.
The Asia Pacific market for productivity management software is projected to expand at the highest CAGR of 15.3% from 2022 to 2030. The rising industry sectors such as Healthcare, IT and telecom, BFSI, others are expected to support regional growth.
Key Players
Google LLC
Microsoft
Salesforce.com, Inc.
Slack Technologies, Inc.
Monday.com
IBM Corporation
Oracle
Zoho Corporation Pvt. Ltd.
Adobe
HyperOffice
Market Segmentation
By Solution
Content Management & Collaboration
AI & Predictive Analytics
Structured Work Management
Other Solutions
By Deployment
On-Premise
Cloud
By Enterprise
Large Enterprises
Small & Mid-Size Enterprises
Regional
North America
U.S.
Canada
Europe
U.K.
Germany
France
Asia Pacific
China
India
Japan
Latin America
Brazil
Mexico
Middle East and Africa
The productivity management software market research report covers definition, classification, product classification, product application, development trend, product technology, competitive landscape, industrial chain structure, industry overview, national policy and planning analysis of the industry, the latest dynamic analysis, etc., and also includes major. The study includes drivers and restraints of the global market. It covers the impact of these drivers and restraints on the demand during the forecast period. The report also highlights opportunities in the market at the global level.
The report provides size (in terms of volume and value) of productivity management software market for the base year 2022 and the forecast between 2022 and 2030. Market numbers have been estimated based on form and application. Market size and forecast for each application segment have been provided for the global and regional market.
This report focuses on the global productivity management software market status, future forecast, growth opportunity, key market and key players. The study objectives are to present the productivity management software market development in United States, Europe and China.
It is pertinent to consider that in a volatile global economy, we haven’t just conducted productivity management software market forecasts in terms of CAGR, but also studied the market based on key parameters, including Year-on-Year (Y-o-Y) growth, to comprehend the certainty of the market and to find and present the lucrative opportunities in market.
In terms of production side, this report researches the productivity management software capacity, production, value, ex-factory price, growth rate, market share for major manufacturers, regions (or countries) and type.
In terms of consumption side, this report focuses on the consumption of productivity management software by regions (countries) and application.
Buyers of the report will have access to verified market figures, including global market size in terms of revenue and volume. As part of production analysis, the authors of the report have provided reliable estimations and calculations for global revenue and volume by Type segment of the global productivity management software market. These figures have been provided in terms of both revenue and volume for the period 2019 to 2030. Additionally, the report provides accurate figures for production by region in terms of revenue as well as volume for the same period. The report also includes production capacity statistics for the same period.
With regard to production bases and technologies, the research in this report covers the production time, base distribution, technical parameters, research and development trends, technology sources, and sources of raw materials of major productivity management software market companies.
Regarding the analysis of the industry chain, the research of this report covers the raw materials and equipment of productivity management software market upstream, downstream customers, marketing channels, industry development trends and investment strategy recommendations. The more specific analysis also includes the main application areas of market and consumption, major regions and Consumption, major Chinese producers, distributors, raw material suppliers, equipment providers and their contact information, industry chain relationship analysis.
The research in this report also includes product parameters, production process, cost structure, and data information classified by region, technology and application. Finally, the paper model new project SWOT analysis and investment feasibility study of the case model.
Overall, this is an in-depth research report specifically for the productivity management software industry. The research center uses an objective and fair way to conduct an in-depth analysis of the development trend of the industry, providing support and evidence for customer competition analysis, development planning, and investment decision-making. In the course of operation, the project has received support and assistance from technicians and marketing personnel in various links of the industry chain.
productivity management software market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to productivity management software market.
Prominent players in the market are predicted to face tough competition from the new entrants. However, some of the key players are targeting to acquire the startup companies in order to maintain their dominance in the global market. For a detailed analysis of key companies, their strengths, weaknesses, threats, and opportunities are measured in the report by using industry-standard tools such as the SWOT analysis. Regional coverage of key companies is covered in the report to measure their dominance. Key manufacturers of productivity management software market are focusing on introducing new products to meet the needs of the patrons. The feasibility of new products is also measured by using industry-standard tools.
Key companies are increasing their investments in research and development activities for the discovery of new products. There has also been a rise in the government funding for the introduction of new productivity management software market. These factors have benefited the growth of the global market for productivity management software. Going forward, key companies are predicted to benefit from the new product launches and the adoption of technological advancements. Technical advancements have benefited many industries and the global industry is not an exception.
New product launches and the expansion of already existing business are predicted to benefit the key players in maintaining their dominance in the global market for productivity management software. The global market is segmented on the basis of region, application, end-users and product type. Based on region, the market is divided into North America, Europe, Asia-Pacific, Latin America and Middle East and Africa (MEA).
In this study, the years considered to estimate the market size of productivity management software are as follows:
Reasons to Purchase this Report:
- Market segmentation analysis including qualitative and quantitative research incorporating the impact of economic and policy aspects
- Regional and country level analysis integrating the demand and supply forces that are influencing the growth of the market.
- Market value USD Million and volume Units Million data for each segment and sub-segment
- Competitive landscape involving the market share of major players, along with the new projects and strategies adopted by players in the past five years
- Comprehensive company profiles covering the product offerings, key financial information, recent developments, SWOT analysis, and strategies employed by the major market players
Research Methodology:
In-depth interviews and discussions were conducted with several key market participants and opinion leaders to compile the research report.
This research study involved the extensive usage of both primary and secondary data sources. The research process involved the study of various factors affecting the industry, including the government policy, market environment, competitive landscape, historical data, present trends in the market, technological innovation, upcoming technologies and the technical progress in related industry, and market risks, opportunities, market barriers and challenges. The following illustrative figure shows the market research methodology applied in this report.
The study objectives of this report are:
To strategically profile the key players and comprehensively analyze their growth strategies.
Chapter 1. Introduction
1.1. Research Objective
1.2. Scope of the Study
1.3. Definition
Chapter 2. Research Methodology
2.1. Research Approach
2.2. Data Sources
2.3. Assumptions & Limitations
Chapter 3. Executive Summary
3.1. Market Snapshot
Chapter 4. Market Variables and Scope
4.1. Introduction
4.2. Market Classification and Scope
4.3. Industry Value Chain Analysis
4.3.1. Raw Material Procurement Analysis
4.3.2. Sales and Distribution Channel Analysis
4.3.3. Downstream Buyer Analysis
Chapter 5. Market Dynamics Analysis and Trends
5.1. Market Dynamics
5.1.1. Market Drivers
5.1.2. Market Restraints
5.1.3. Market Opportunities
5.2. Porter’s Five Forces Analysis
5.2.1. Bargaining power of suppliers
5.2.2. Bargaining power of buyers
5.2.3. Threat of substitute
5.2.4. Threat of new entrants
5.2.5. Degree of competition
Chapter 6. Competitive Landscape
6.1.1. Company Market Share/Positioning Analysis
6.1.2. Key Strategies Adopted by Players
6.1.3. Vendor Landscape
6.1.3.1. List of Suppliers
6.1.3.2. List of Buyers
Chapter 7. Global Productivity Management Software Market, By Solution
7.1. Productivity Management Software Market, by Solution, 2021-2030
7.1.1. Content Management & Collaboration
7.1.1.1. Market Revenue and Forecast (2019-2030)
7.1.2. AI & Predictive Analytics
7.1.2.1. Market Revenue and Forecast (2019-2030)
7.1.3. Structured Work Management
7.1.3.1. Market Revenue and Forecast (2019-2030)
Chapter 8. Global Productivity Management Software Market, By Deployment
8.1. Productivity Management Software Market, by Deployment, 2021-2030
8.1.1. On-Premise
8.1.1.1. Market Revenue and Forecast (2019-2030)
8.1.2. Cloud
8.1.2.1. Market Revenue and Forecast (2019-2030)
Chapter 9. Global Productivity Management Software Market, By Enterprise
9.1. Productivity Management Software Market, by End User, 2021-2030
9.1.1. Large Enterprises
9.1.1.1. Market Revenue and Forecast (2019-2030)
9.1.2. Small & Mid-Size Enterprises
9.1.2.1. Market Revenue and Forecast (2019-2030)
Chapter 10. Global Productivity Management Software Market, Regional Estimates and Trend Forecast
10.1. North America
10.1.1. Market Revenue and Forecast, by Solution (2019-2030)
10.1.2. Market Revenue and Forecast, by Deployment (2019-2030)
10.1.3. Market Revenue and Forecast, by Enterprise(2019-2030)
10.1.4. U.S.
10.1.4.1. Market Revenue and Forecast, by Solution (2019-2030)
10.1.4.2. Market Revenue and Forecast, by Deployment (2019-2030)
10.1.4.3. Market Revenue and Forecast, by Enterprise(2019-2030)
10.1.5. Rest of North America
10.1.5.1. Market Revenue and Forecast, by Solution (2019-2030)
10.1.5.2. Market Revenue and Forecast, by Deployment (2019-2030)
10.1.5.3. Market Revenue and Forecast, by Enterprise(2019-2030)
10.2. Europe
10.2.1. Market Revenue and Forecast, by Solution (2019-2030)
10.2.2. Market Revenue and Forecast, by Deployment (2019-2030)
10.2.3. Market Revenue and Forecast, by Enterprise(2019-2030)
10.2.4. UK
10.2.4.1. Market Revenue and Forecast, by Solution (2019-2030)
10.2.4.2. Market Revenue and Forecast, by Deployment (2019-2030)
10.2.4.3. Market Revenue and Forecast, by Enterprise(2019-2030)
10.2.5. Germany
10.2.5.1. Market Revenue and Forecast, by Solution (2019-2030)
10.2.5.2. Market Revenue and Forecast, by Deployment (2019-2030)
10.2.5.3. Market Revenue and Forecast, by Enterprise(2019-2030)
10.2.6. France
10.2.6.1. Market Revenue and Forecast, by Solution (2019-2030)
10.2.6.2. Market Revenue and Forecast, by Deployment (2019-2030)
10.2.6.3. Market Revenue and Forecast, by Enterprise(2019-2030)
10.2.7. Rest of Europe
10.2.7.1. Market Revenue and Forecast, by Solution (2019-2030)
10.2.7.2. Market Revenue and Forecast, by Deployment (2019-2030)
10.2.7.3. Market Revenue and Forecast, by Enterprise(2019-2030)
10.3. APAC
10.3.1. Market Revenue and Forecast, by Solution (2019-2030)
10.3.2. Market Revenue and Forecast, by Deployment (2019-2030)
10.3.3. Market Revenue and Forecast, by Enterprise(2019-2030)
10.3.4. India
10.3.4.1. Market Revenue and Forecast, by Solution (2019-2030)
10.3.4.2. Market Revenue and Forecast, by Deployment (2019-2030)
10.3.4.3. Market Revenue and Forecast, by Enterprise(2019-2030)
10.3.5. China
10.3.5.1. Market Revenue and Forecast, by Solution (2019-2030)
10.3.5.2. Market Revenue and Forecast, by Deployment (2019-2030)
10.3.5.3. Market Revenue and Forecast, by Enterprise(2019-2030)
10.3.6. Japan
10.3.6.1. Market Revenue and Forecast, by Solution (2019-2030)
10.3.6.2. Market Revenue and Forecast, by Deployment (2019-2030)
10.3.6.3. Market Revenue and Forecast, by Enterprise(2019-2030)
10.3.7. Rest of APAC
10.3.7.1. Market Revenue and Forecast, by Solution (2019-2030)
10.3.7.2. Market Revenue and Forecast, by Deployment (2019-2030)
10.3.7.3. Market Revenue and Forecast, by Enterprise(2019-2030)
10.4. MEA
10.4.1. Market Revenue and Forecast, by Solution (2019-2030)
10.4.2. Market Revenue and Forecast, by Deployment (2019-2030)
10.4.3. Market Revenue and Forecast, by Enterprise(2019-2030)
10.4.4. GCC
10.4.4.1. Market Revenue and Forecast, by Solution (2019-2030)
10.4.4.2. Market Revenue and Forecast, by Deployment (2019-2030)
10.4.4.3. Market Revenue and Forecast, by Enterprise(2019-2030)
10.4.5. North Africa
10.4.5.1. Market Revenue and Forecast, by Solution (2019-2030)
10.4.5.2. Market Revenue and Forecast, by Deployment (2019-2030)
10.4.5.3. Market Revenue and Forecast, by Enterprise(2019-2030)
10.4.6. South Africa
10.4.6.1. Market Revenue and Forecast, by Solution (2019-2030)
10.4.6.2. Market Revenue and Forecast, by Deployment (2019-2030)
10.4.6.3. Market Revenue and Forecast, by Enterprise(2019-2030)
10.4.7. Rest of MEA
10.4.7.1. Market Revenue and Forecast, by Solution (2019-2030)
10.4.7.2. Market Revenue and Forecast, by Deployment (2019-2030)
10.4.7.3. Market Revenue and Forecast, by Enterprise(2019-2030)
10.5. Latin America
10.5.1. Market Revenue and Forecast, by Solution (2019-2030)
10.5.2. Market Revenue and Forecast, by Deployment (2019-2030)
10.5.3. Market Revenue and Forecast, by Enterprise(2019-2030)
10.5.4. Brazil
10.5.4.1. Market Revenue and Forecast, by Solution (2019-2030)
10.5.4.2. Market Revenue and Forecast, by Deployment (2019-2030)
10.5.4.3. Market Revenue and Forecast, by Enterprise(2019-2030)
10.5.5. Rest of LATAM
10.5.5.1. Market Revenue and Forecast, by Solution (2019-2030)
10.5.5.2. Market Revenue and Forecast, by Deployment (2019-2030)
10.5.5.3. Market Revenue and Forecast, by Enterprise(2019-2030)
Chapter 11. Company Profiles
11.1. Google LLC
11.1.1. Company Overview
11.1.2. Product Offerings
11.1.3. Financial Performance
11.1.4. Recent Initiatives
11.2. Microsoft
11.2.1. Company Overview
11.2.2. Product Offerings
11.2.3. Financial Performance
11.2.4. Recent Initiatives
11.3. Salesforce.com, Inc.
11.3.1. Company Overview
11.3.2. Product Offerings
11.3.3. Financial Performance
11.3.4. Recent Initiatives
11.4. Slack Technologies, Inc.
11.4.1. Company Overview
11.4.2. Product Offerings
11.4.3. Financial Performance
11.4.4. Recent Initiatives
11.5. Monday.com
11.5.1. Company Overview
11.5.2. Product Offerings
11.5.3. Financial Performance
11.5.4. Recent Initiatives
11.6. IBM Corporation
11.6.1. Company Overview
11.6.2. Product Offerings
11.6.3. Financial Performance
11.6.4. Recent Initiatives
11.7. Oracle
11.7.1. Company Overview
11.7.2. Product Offerings
11.7.3. Financial Performance
11.7.4. Recent Initiatives
11.8. Zoho Corporation Pvt. Ltd.
11.8.1. Company Overview
11.8.2. Product Offerings
11.8.3. Financial Performance
11.8.4. Recent Initiatives
11.9. Adobe
11.9.1. Company Overview
11.9.2. Product Offerings
11.9.3. Financial Performance
11.9.4. Recent Initiatives
11.10. HyperOffice
11.10.1. Company Overview
11.10.2. Product Offerings
11.10.3. Financial Performance
11.10.4. Recent Initiatives
Chapter 12. Research Methodology
12.1. Primary Research
12.2. Secondary Research
12.3. Assumptions
Chapter 13. Appendix
13.1. About Us
13.2. Glossary of Terms