Report Description
A recent market
intelligence report that is published by Data Insights Partner on the Independent
Software Vendors Market makes an
offering of in-depth analysis of segments and sub-segments in the regional and
international Independent Software Vendors Market. The research also emphasizes on the impact of restraints,
drivers, and macro indicators on the regional and global Independent
Software Vendors Market over the short as
well as long period of time. A detailed presentation of forecast, trends, and
dollar values of global Independent Software Vendors Market is offered. In accordance with the report, the global
Independent Software Vendors Market is projected to
expand by healthy CAGR of 13% over the period of forecast.
Market Insight, Drivers, Restraints,
Opportunity & Trends of the Market:
Definition
Independent
Software Vendors, by definition, refers to the individuals or companies that
research on, develop, manufacture, market and offer software which runs on some
third-party hardware and software platforms. With the introduction of advanced
technologies, these vendors are focusing more on the process innovation to
deploy a superior end-user experience. These companies mainly focus on product
architecture to make it more fail-proof, scalable and cost-efficient.
Market Drivers
The
growing e-commerce, retail, education and healthcare sectors are main drivers behind
the rapid growth of Independent Software Vendors Market. The growing adoption
of internet and computer technologies in different sectors and market to ease
up the daily lifestyles and work-life is also pushing the growth rate of the
said market to rise high.
Beside
this, the rapid urbanization and technological advancements, growing population,
rising per capita income are also some of the key players behind the rapid
growth of the Independent Software Vendors Market.
Aside
from these, the rising foreign investments in the Independent Software Vendors sector
are also adding fuel to this increasing market growth.
The
regular introduction of different and brand-new types of Independent Software
Vendors with better technology, qualities and security in price range to
satisfy the varying tastes of the customers is also attracting new consumers
and thus helping the growth rate of Independent Software Vendors Market to rise
high. The convenience and efficiency of Servo Motors and Drives spaces is also helping
in the expansion of the said market.
Market Restraints
The Independent Software Vendors Market has a huge potential. Though it is
expanding very fast day by day, many things are preventing it from using its
full potential. Some of these restraints are–
High prices of the raw materials due to lack of
supply, high production costs, high cost
of R&D activities, high cost of installation, repairing and maintenance resulting
into high rents of the premium quality end products.
Strict International Standards for manufacturing
process and qualities of software.
Vulnerable to cyber attacks and lack of
securities.
Unavailability of these products in many regions.
Lack of awareness about the availability and
benefits of the Independent Software Vendors in the developing countries.
Opportunities
The Independent
Software Vendors is expected have huge opportunities as these are highly used by e-commerce
suppliers and retailers. Growing usage of technologies in
order to lead a better and easy lifestyle is helping this expansion
further.
Trends
During the forecast period, North America followed by Asia
Pacific are expected to have the largest share of Independent
Software Vendors Market. The
demand for these products in the North American region is driven by its expanding
E-commerce, retail and education sectors, growing population and rising
disposable income among individuals. It is also believed that on the basis of
product type, the cloud segment will face the highest growth rate for its relatively
low prices, high demand, easy-to-handle functions and maintenance, conveniency
and efficiency.
Segment Covered:
This market
intelligence report on the global Independent Software Vendors Market encompasses market segments based on product type, application,
end usage, distributional channel and country.
By Product
Type the global Independent Software Vendors Market has been
divided into:
q Cloud
q On-premise
By Application
the global Independent Software Vendors Market has been
divided into:
q E-commerce
q Logistics
q IT and Retail
q Education
q Healthcare
q Others
By End
Usage the global Independent Software Vendors Market has been
divided into:
q Personal
q Government
q Commercial
By country/region,
the global Independent Software Vendors Market has been
divided into:
q North
America (the U.S., Canada),
q Latin
America (Brazil, Mexico, Argentina and other countries),
q Europe
(Germany, France, the U.K., Spain, Italy, Russia, and other countries),
q Asia
Pacific (India, Japan, China, Australia and New Zealand and other countries),
q Middle
East and Africa (GCC, South Africa, Israel and Other countries).
Profiling of Market
Players:
This business
intelligence report offers profiling of reputed companies that are operating in
the market. Companies such as:
q Apple
Inc.
q Cisco
Systems, Inc.
q Compuware
Corporation
q Double-Take
Software
q Google,
Inc.
q HP
Development Company, LP
q IBM
Corporation
q Micro
Focus
q Microsoft
Corporation
q Mocana
q Nutanix
q Oracle
Corporation
q Odyssey
Software
q RSA
Security LLC
q Salesforce.com,
Inc.
q SAP
SE
q ServiceNow
q Yahoo!
others have been
profiled into detail so as to offer a glimpse of the market leaders. Moreover,
parameters such as Independent Software Vendors Market related investment & spending and developments by
major players of the market are tracked in this global report.
Report Highlights:
In-depth
analysis of the micro and macro indicators, market trends, and forecasts of
demand is offered by this business intelligence report. Furthermore, the report
offers a vivid picture of the factors that are steering and restraining the
growth of this market across all geographical segments. In addition to that, IGR-Growth
Matrix analysis is also provided in the report so as to share insight of the
investment areas that new or existing market players can take into consideration.
Various analytical tools such as DRO analysis, Porter's five forces analysis has
been used in this report to present a clear picture of the market. The study
focuses on the present market trends and provides market forecast from the year
2020-2028. Emerging trends that would shape the market demand in the years to
come have been highlighted in this report. A competitive analysis in each of
the geographical segments gives an insight into market share of the global
players.
Few Recent Developments
Odyssey Software
In 2019, the company
has introduced their brand-new cost-efficient software “xorkee” based on the
motto “where security meets convenience” to simply the digital key based
authentication and digital signatures for their users.
Cisco Systems, Inc.
In December,
2020, the software manufacturing and internet service providing company Cisco
Systems, Inc. has announced their agreement on acquisition of IMImobile PLC’s communication software and services to make Cisco’s
vision to create a comprehensive Customer Experience as a Service (CXaaS)
stronger and more stable. The cloud service offers allowance to its user
enterprises and organizations to stay continuously connected to their customers
which gives them the ability to deliver enjoyable and rich customer experiences
consistently.
Double-Take Software
In 2017, the software manufacturing and cloud service providing company
Double-Take Software were merged with the Carbonite, Inc. to provide a better
service in a larger-scale to all its users and to spead their business not only
in all over USA but also globally.
Salient Features:
Ø
This study offers
comprehensive yet detailed analysis of the Independent
Software Vendors Market, size of the
market (US$ Mn), and Compound Annual Growth Rate (CAGR (%)) for the period of
forecast: 2020-2028, taking into account 2019 as the base year
Ø
It explains upcoming
revenue opportunities across various market segments and attractive matrix of
investment proposition for the said market
Ø
This market
intelligence report also offers pivotal insights about various market opportunities,
restraints, drivers, competitive market strategies of leading market players,
emerging market trends, and regional outlook
Ø
Profiling of
key market players in the world Independent Software Vendors Market is done by
taking into account various parameters such as company strategies, distribution
strategies, product portfolio, financial performance, key developments,
geographical presence, and company overview
Ø
The data of
this report would allow management authorities and marketers of companies alike
to take informed decision when it comes to launch of different type of models,
government initiatives, marketing tactics and expansion, and technical up
gradation
Ø
The world
market for Independent Software Vendors caters to the needs of various stakeholders pertaining to this
industry, namely suppliers, manufacturers, investors, and distributors for Independent
Software Vendors Market. The research
also caters to the rising needs of consulting and research firms, financial
analysts, and new market entrants
Ø
Research
methodologies that have been adopted for the purpose of this study have been
clearly elaborated so as to facilitate better understanding of the reports
Ø
Reports have
been made based on the guidelines as mandated by General Data Protection
Regulation
Ø
Ample number
of examples and case studies have been taken into consideration before coming
to a conclusion
Reasons to buy:
v
Identify
opportunities and plan strategies by having a strong understanding of the investment
opportunities in the Independent Software Vendors Market
v
Identification
of key factors driving investment opportunities in the Independent
Software Vendors Market and position
yourself to gain the maximum advantage of the industry’s growth potential
v
Develop
strategies based on the latest regulatory events
v
Identify key
partners and business development avenues
v
Respond to
your competitors’ business structure, strategy and prospects
v
Identify key
strengths and weaknesses of important market participants