GITNUX MARKETDATA REPORT 2024

Independent Software Vendors Industry Statistics

Independent Software Vendors industry statistics provide valuable insights into market trends, revenue models, and challenges faced by these software companies.

Statistic 1

"The global independent software vendor (ISV) market is poised to grow by $200.20 Billion during 2021-2025, progressing at a CAGR of almost 6% during the forecast period."

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Statistic 2

"The average revenue of ISVs in North America is around $18mil - $19mil."

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Statistic 3

"ISVs are creating 40% of all enterprise applications on the AWS Platform."

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Statistic 4

"The Asia Pacific region dominates the global independent software vendor market and is projected to remain dominant throughout the forecast period 2020-2027."

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Statistic 5

"The worldwide market for ISVs should reach $10 trillion in the near future."

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Statistic 6

"Only about 7% of all ISVs had more than 250 employees in 2020."

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Statistic 7

"Microsoft had over 10,000 ISV partners as of 2020."

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Statistic 8

"In 2017, over 60% of US-based ISVs hosted their software in the cloud."

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Statistic 9

"An average of 18% of North American ISVs revenue is from the sales of third party products."

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Statistic 10

"In 2019, 27% of ISVs reported that their organization employed between 10 to 49 employees."

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Statistic 11

"By 2025, nearly 85% of business applications would be developed and updated by independent software vendors or ISV partners."

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Statistic 12

"On average North American ISVs spent 23% of revenue on marketing in 2020."

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Statistic 13

"About 66% of US-based ISVs had less than $5 million in annual revenue in 2020."

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Statistic 14

"The European ISV market was valued at US $32.57 billion in 2020."

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Statistic 15

"ISVs created more than 280,000 applications on AWS in 2020."

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Statistic 16

"A typical North American ISV employs between 10-49 people."

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Statistic 17

"23% ISVs reported less than US$100K in annual revenue, another 23% made US$100-499K, 20% amassed US$500k-999K in 2020."

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Statistic 18

"In 2016, approximately 23% of ISVs had their applications hosted on Microsoft Azure."

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