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The Business Productivity Software Market is Segmented by Solutions (Content Management and Collaboration, Asset Creation, AI and Predictive Analytics, Structured Work Management, Connectivity, and Coordination), End-user Industry (BFSI, Telecommunications, Manufacturing, Media and Entertainment, Transportation, Retail, Other End-user Industries), Deployment, Size of the Enterprise, and Geography.
Fastest Growing Market:
The business development software market is expected to register a CAGR of 12.6% during the forecast period (2020 - 2025). While the wave of incoming technology advances is propagated by AI and IoT, business productivity is one area of business that is currently emerging. Business productivity can be traced to an organization's ability to successfully execute an overall strategy. Moreover, business productivity is directly proportional to employee productivity. Businesses are widely adopting various tools to aid employees in enhancing their productivity.
Business productivity software maximizes productivity by enhancing employee productivity, by optimizing time and expenditure on the task or business process. Business productivity software helps employees optimize their workflow through the use of various employee-friendly, reliable, and compatible tools for analysis and generates reports with advanced management features.
|By Size of the Enterprise|
|Small and Medium Enterprises|
|By End-user Industry|
|Media & Entertainment|
|Other End-user Industries|
|Content Management and Collaboration|
|AI and Predictive Analytics|
|Structured Work Management|
|Rest of the World|
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The business productivity software market is highly competitive and consists of several major players. Few of the major players currently dominate the market share. These major players with a prominent share in the market are focusing on expanding their customer base across foreign countries. These companies are leveraging on strategic collaborative initiatives to increase their market share and profitability.
2. RESEARCH METHODOLOGY
3. EXECUTIVE SUMMARY
4. MARKET DYNAMICS
4.1 Market Overview
4.2 Market Drivers
4.2.1 Increase in Smartphone Penetration and Increased Adoption of BYOD
4.2.2 Growing Demand for Cloud Computing, Business Intelligence, and AI
4.2.3 Growing Need for Data Management
4.3 Market Restraints
4.3.1 High Installation and Training Costs
4.4 Industry Attractiveness - Porter's Five Forces Analysis
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers/Consumers
4.4.3 Threat of New Entrants
4.4.4 Threat of Substitute Products
4.4.5 Intensity of Competitive Rivalry
5. MARKET SEGMENTATION
5.1 By Deployment
5.2 By Size of the Enterprise
5.2.1 Small and Medium Enterprises
5.2.2 Large Enterprises
5.3 By End-user Industry
5.3.4 Media & Entertainment
5.3.7 Other End-user Industries
5.4 By Solutions
5.4.1 Content Management and Collaboration
5.4.2 Asset Creation
5.4.3 AI and Predictive Analytics
5.4.4 Structured Work Management
5.4.5 Other Solutions
5.5.1 North America
5.5.4 Rest of the World
6. COMPETITIVE LANDSCAPE
6.1 Company Profiles
6.1.1 Microsoft Corporation
6.1.2 Google LLC
6.1.3 Oracle Corporation
6.1.4 Broadcom Inc. (Symantec Corporation)
6.1.5 SAP SE
6.1.6 Salesforce.com Inc.
6.1.7 VMware Inc.
6.1.8 IBM Corporation
6.1.9 Amazon.com Inc.
6.1.10 AppScale Systems Inc.
7. INVESTMENT ANALYSIS
8. MARKET OPPORTUNITIES AND FUTURE TRENDS
** Subject to Availability