Global Software Consulting Market Size, Forecasts, And Opportunities – Includes Software Consulting Market Analysis
Learn about the global software consulting market through The Business Research Company, which provides information on software consulting market size, software consulting market drivers and restraints, software consulting market players, the COVID-19 impact on the software consulting market, and more.
The global software consulting market size is expected to grow from $209.8 billion in 2021 to $234.38 billion in 2022 at a compound annual growth rate (CAGR) of 12.18%. The growth in the market is mainly due to the companies rearranging their operations and recovering from the COVID-19 impact, which had earlier led to restrictive containment measures involving social distancing, remote working, and the closure of commercial activities that resulted in operational challenges. The global software consulting market size is expected to reach $375.17 billion in 2026 at a CAGR of 12.46%.
Increasing adoption of cloud computing by enterprises is the key driver contributing to the growth of the software consulting market.
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The software consulting market consists of sales of software consulting services and related products by entities (organizations, sole traders, and partnerships) that provide software or IT services. In the software consulting process, software consultants in collaboration with software developers advise on design, building, strategy, and implementation of software that solves business problems. Major software consulting services include conducting feasibility study, analysing software systems for efficiency, customizing software systems, monitoring software for updates and security, implementing new software, and advising businesses regarding software.
Global Software Consulting Market Segments Include:
By Type: Enterprise Solutions, Application Development, Migration and Maintenance Services, Design Services
By Enterprise Size: Large Enterprise, Small and Medium Enterprise
By End-Use Industry: Automotive, Education, Government, Healthcare, IT and Telecom, Manufacturing
By Geography: The market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa. Among these regions, North America was the largest region in the software consulting market in 2021.
Increasing adoption of cloud computing by enterprises is the key driver contributing to the growth of the software consulting market. Enterprises are increasingly adopting the latest technologies such as cloud computing to increase productivity and efficiency.
Major Market Players: Cap Gemini, Atos SE, Oracle, Accenture, IBM Corporation, Deloitte Touche Tohmatsu Limited, CGI Group Inc., Cognizant, Ernst & Young Global Limited, and SAP SE.
Regions: Asia-Pacific, China, Western Europe, Eastern Europe, North America, USA, South America, Middle East and Africa.
Countries: Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.
Time Series: Five years historic (2016-21) and ten years forecast (2022-2026-2031)
The Software Consulting Global Market Report 2022 – Market Size, Trends, And Global Forecast 2022-2026 is one of a series of new reports from The Business Research Company that provides software consulting market overviews, analyzes and forecasts market size, share, software consulting market players, software consulting market segments and geographies, leading competitor revenues, profiles and market shares.
TBRC’s software consulting market report identifies top countries and segments for opportunities and strategies based on market trends and leading competitors’ approaches.
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