Global Office Software Market Report 2023: Sector to Reach $37.06 Billion in 2028 from $24.45 Billion in 2022
The global office software market was valued at US$24.45 billion in 2022.
- The global office software market was valued at US$24.45 billion in 2022.
- North America office software market holds the largest share of global office software market owing to increasing internet penetration, growing SME expenditures in the SaaS and cloud industry, growing demand for cost effective, easy to use and customizable office software solutions among businesses, increasing advancements in office software solutions and rising consumer awareness about collaborative office software.
- The US office software market is further divided into five segments by type, namely, spreadsheet software, word processing software, presentation software, visualization software and others, where the spreadsheet segment holds the largest share.
- So, increasing integration of AI in office software suits is expected to boost the growth of global office software market.