Independent Software Vendors Isvs Market 2022: Detailed analysis and growth trends

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Independent software vendor (ISV) can be defined as a organization which is engaged into development and sales of software to the consumers across industries. Based on type, the independent software vendor can be categorized as cloud and on-premise.

Stratview Research publishes a new report titled Independent Software Vendors (ISVs) Market which is segmented By Type (Cloud, On-Premise), Application (e-Commerce, Logistics, Retail, Healthcare, Financial, Education, Others), and by Region (North America [The USA, Canada, and Mexico], Europe [Germany, France, The UK, Russia, and Rest of Europe], Asia-Pacific [China, Japan, India, and Rest of Asia-Pacific], and Rest of the World [Saudi Arabia, Brazil, and Others]).

Market Insights

The global Independent Software Vendors (ISVs) Market is projected to grow from USD 2.1 billion in 2020 to USD 4.1 billion by 2026 at a CAGR of around 11.8% during the forecast period. The growth of the independent software vendors (ISVs) market is driven by increasing adoption of cloud solution by the end-use industries to improve their operational efficiency and reduce cost. Growing integration of digital solutions in the healthcare industry is expected to drive the market growth at a significant rate during the review period.

Key players active in the market –

The following are some of the key players in the independent software vendors (isvs) market:

  • Cisco Systems, Inc. (US)
  • Autodesk, Inc. (US)
  • Fundamental Software, Inc. (US)
  • Google LLC (US)
  • HW Computer Systems, Inc. (US)
  • The Hewlett Packard Enterprise Company (US)
  • HostBridge Technology (US)

Global Independent Software Vendors (ISVs) Market Report Segments:

The Independent Software Vendors (ISVs) Market is segmented into the following categories:

Application Trends

Based on application, the market has been segmented into e-commerce, logistics, retail, healthcare, financial, education and others. Among these, the financial segment accounted for the largest market share in 2020 and is expected to propel the market growth at a significant rate during the review period. The segment growth can be attributed to presence of large amount of unstructured data in the sector.

Regional Trends

The market in North America region accounted for the largest market share in 2020 and is expected to grow at a healthy CAGR during the review period. The regional market growth can be attributed to early adoption of cloud solutions across verticals. The market growth in Asia-Pacific region is likely to be driven by increased adoption of digital solutions in the enterprises across verticals particularly in the developing countries including China and India. 

Why is this report beneficial?

The report covers comprehensive data on emerging trends, market drivers, growth opportunities, and restraints that can change the market dynamics of the industry. It provides an in-depth analysis of the market segments which include products, applications, and competitor analysis.

It also offers –

  • Market Overview
  • Key Manufacturers Profiles
  • Market Analysis by Region
  • Market Segment by Type
  • Market Segment by Application
  • Raw Material and Supply Chain
  • Other Key Research Findings

All the data compiled by the market experts is the outcome of rigorous primary and secondary research conducted on the market players and reliable sources, including company white papers, journals, press releases, and more.

Customization of the report –

At Stratview Research, the market researchers make a note of opportunities, drawbacks/bottlenecks, estimations, and information related to the market using experienced skills and verified methodologies. Our research reports offer an exceptional experience of innovative solutions and outcomes to the users. If required, user can also opt for customization of the report.

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