PUBLISHER: Bizwit Research & Consulting LLP | PRODUCT CODE: 1279855
PUBLISHER: Bizwit Research & Consulting LLP | PRODUCT CODE: 1279855
Global Vertical Software Market Size Study & Forecast, by Organization Size, By End-User Industry, and Regional Analysis, 2023-2030
Global Vertical Software Market is valued at approximately USD XX billion in 2022 and is anticipated to grow with a healthy growth rate of more than XX% over the forecast period 2023-2030.
Vertical software refers to "vertical market software" or "industry-specific software" that is specialized software programs created to meet the unique requirements of a particular industry or vertical market. Vertical software is designed to offer sector-specific functionality, features, and tools that are pertinent and necessary for operating companies. Vertical software is gaining high traction in industries such as legal and government, entertainment and hospitality, healthcare, farming and agriculture, and many others. The market growth is driven by the factors such as rising emphasis on enhancing customer experience, increasing industry-specific regulations and compliance requirements, and growing awareness and adoption of cloud computing.
In addition, the growing trend of automation across various industries is acting as a catalyzing factor for market growth across the globe. Automation is becoming increasingly important in various industries to improve efficiency, reduce manual errors, and optimize workflows. According to Statista, in 2020, the industrial automation sector was estimated to account for USD 175 billion worldwide, which is projected to reach USD 265 billion by 2025. Vertical software can provide automation capabilities tailored to specific industries, helping businesses automate their processes and achieve higher levels of efficiency. Consequentially, these aforementioned factors are propelling the growth of the Vertical Software Market during the estimated period. Moreover, industry-specific innovation and digital transformation, as well as increasing technological advancements present various lucrative opportunities over the forecasting years. However, the unavailability of skilled professionals and the implementation complexities are hampering the market growth throughout the forecast period of 2023-2030.
The key regions considered for the Global Vertical Software Market study include Asia Pacific, North America, Europe, Latin America, and Middle East & Africa. North America dominated the market in 2022 owing to the growing adoption of mobile and remote work and the presence of well-established market players. Whereas, Asia Pacific is expected to grow with the highest CAGR during the forecast period, owing to factors such as surging demand for automation software, increasing focus on industry-specific data management and analytics, and geographic expansion of key players.
Major market players included in this report are:
- Constellation Software Inc.
- Verisk Analytics Inc.
- Athena
- Bio-Logic Inc.
- vetBadger
- FastBound
- Mail Technologies Inc
Recent Developments in the Market:
Global Vertical Software Market Report Scope:
By Organization Size:
By End-User Industry:
By Region:
Table of Contents
Chapter 1. Executive Summary
- 1.1. Market Snapshot
- 1.2. Global & Segmental Market Estimates & Forecasts, 2020-2030 (USD Billion)
- 1.2.1. Vertical Software Market, by Region, 2020-2030 (USD Billion)
- 1.2.2. Vertical Software Market, by Organization Size, 2020-2030 (USD Billion)
- 1.2.3. Vertical Software Market, by End-User Industry, 2020-2030 (USD Billion)
- 1.3. Key Trends
- 1.4. Estimation Methodology
- 1.5. Research Assumption
Chapter 2. Global Vertical Software Market Definition and Scope
- 2.1. Objective of the Study
Chapter 3. Global Vertical Software Market Dynamics
Chapter 4. Global Vertical Software Market Industry Analysis
Chapter 5. Global Vertical Software Market, by Organization Size
Chapter 6. Global Vertical Software Market, by End-User Industry
Chapter 7. Global Vertical Software Market, Regional Analysis
Chapter 8. Competitive Intelligence
Chapter 9. Research Process
LIST OF TABLES
- TABLE 1. Global Vertical Software Market, report scope
- TABLE 2. Global Vertical Software Market estimates & forecasts by Region 2020-2030 (USD Billion)
- TABLE 3. Global Vertical Software Market estimates & forecasts by Organization Size 2020-2030 (USD Billion)
- TABLE 4. Global Vertical Software Market estimates & forecasts by End-User Industry 2020-2030 (USD Billion)
- TABLE 5. Global Vertical Software Market by segment, estimates & forecasts, 2020-2030 (USD Billion)
- TABLE 6. Global Vertical Software Market by region, estimates & forecasts, 2020-2030 (USD Billion)
- TABLE 7. Global Vertical Software Market by segment, estimates & forecasts, 2020-2030 (USD Billion)
- TABLE 8. Global Vertical Software Market by region, estimates & forecasts, 2020-2030 (USD Billion)
- TABLE 9. Global Vertical Software Market by segment, estimates & forecasts, 2020-2030 (USD Billion)
- TABLE 10. Global Vertical Software Market by region, estimates & forecasts, 2020-2030 (USD Billion)
- TABLE 11. Global Vertical Software Market by segment, estimates & forecasts, 2020-2030 (USD Billion)
- TABLE 12. Global Vertical Software Market by region, estimates & forecasts, 2020-2030 (USD Billion)
- TABLE 13. Global Vertical Software Market by segment, estimates & forecasts, 2020-2030 (USD Billion)
LIST OF FIGURES
