Productivity Software Industry Statistics

In the following post, we will explore key statistics and trends shaping the productivity software industry, a market that was valued at $58.46 billion in 2021. From the increasing adoption of cloud computing to the projected revenue generation of mobile apps, we will delve into the evolving landscape of productivity tools and their impact on businesses and employees globally.

Statistic 1

"The global productivity software market was valued at $58.46 billion in 2021."

Statistic 2

"It is projected to grow at a CAGR of 12.6% from 2022 to 2030."

Statistic 3

"North America, particularly the U.S, held the largest market share for productivity software in 2021."

Statistic 4

"The adoption of cloud computing in productivity software is expected to hit 60% by 2025."

Statistic 5

"By 2022, mobile apps are forecast to generate over $935 billion in revenues via paid downloads and in-app advertising."

Statistic 6

"58% of employees state that they need better enterprise apps to help them be more productive."

Statistic 7

"There are over 5 million apps available on the Google Play Store and Apple App Store combined."

Statistic 8

"By 2026, at least 70% of businesses would be using mixed reality, aiding software productivity."

Statistic 9

"Google Docs overtook Microsoft Word as the most popular productivity software in 2020."

Statistic 10

"43% of small and medium businesses use cloud-based productivity tools."

Statistic 11

"86% of employees consider technology in deciding job offers, emphasizing productivity software."

Statistic 12

"84% of U.S. small businesses use at least one major digital platform to provide information to customers."

Statistic 13

"By 2023, the mobile workforce is expected to increase to 43.3% of the global workforce."

Statistic 14

"As of 2021, there were about 2.1 million software developers in the U.S. including productivity software developers."

Statistic 15

"79% of knowledge workers would prefer to use a single app that has all the functionality they need for work."

The statistics indicate a robust and growing market for productivity software, driven by factors such as increasing adoption of cloud computing, mobile apps, and enterprise apps to enhance productivity. The dominance of North America, particularly the U.S, in this industry is evident, with trends pointing towards a significant shift towards digital platforms and technology in small businesses. The forecasted growth in mobile workforce and the high preference for integrated, all-in-one productivity apps highlight the evolving needs and expectations of users. With the continued advancement of technology, particularly in mixed reality and cloud-based tools, the productivity software industry is poised for further expansion and innovation in the coming years.