The Business Research Company published its Software Products Global Market Report 2020 which provides strategists, marketers and senior management with the critical information they need to assess the global Software Products market.
The report provides in-depth analysis of the impact of COVID-19 on the market, along with revised market numbers due to the effects of the coronavirus.The report covers the Software Products market’s segments- by type into operating systems & productivity software publishing, database, storage & backup software publishing, business analytics & enterprise software, video game software, design, editing & rendering software, by application into large enterprises, small and medium enterprises, by end-user industry into BFSI, media and entertainment, it and telecommunications, energy and utilities, government and public sector, retail and consumer goods, manufacturing, others.
Subsegments covered are operating systems, productivity software publishing, database software, middleware software, storage and backup software, ERP software, BI software, CRM software, SCM software, other software, browser games, PC games, smart phone/tablet games, console games, engineering design software, animation and VFX design software, image/video editing and graphic design software.View Complete Report: https://www.thebusinessresearchcompany.com/report/software-products-global-market-report-2020-30-covid-19-impact-and-recoverySoftware Products Global Market Report 2020 is the most comprehensive report available on this market and will help gain a truly global perspective as it covers 60 geographies.
The chapter on the impact of COVID-19 gives valuable insights on supply chain disruptions, logistical challenges, and other economic implications of the virus on the market.
The chapter also covers markets which have been positively affected by the pandemic.The global software products market is expected to grow from $934.9 billion in 2019 to $944.2 billion in 2020 at a compound annual growth rate (CAGR) of 1%.
The low growth is mainly due to economic slowdown across countries owing to the COVID-19 outbreak and the measures to contain it.