Data Compression Software Global Market Report 2025

Description

Data compression software encompasses programs designed to shrink the size of digital data files, optimizing storage capacity and expediting transmission across networks. Utilizing diverse algorithms, these programs compress data without compromising significant quality, enhancing efficiency in storage and transfer. Widely employed in multimedia, file archiving, and communication applications.

The primary types of data compression software include lossless compression and lossy compression. Lossless compression preserves original data, allowing perfect reconstruction from compressed data without information loss. Additionally, these services include professional support and maintenance, available via cloud-based and on-premise deployment models. Catering to various industry verticals such as banking, financial services, insurance, retail, healthcare, information technology, telecommunications, government, travel, hospitality, transportation, media, entertainment, manufacturing, and others.

The data compression software research report is one of a series of new reports from The Business Research Company that provides data compression software market statistics, including the data compression software industry's global market size, regional shares, competitors with a data compression software market share, detailed data compression software market segments, market trends and opportunities, and any further data you may need to thrive in the data compression software industry. This data compression software market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenarios of the industry.

The data compression software market size has grown strongly in recent years. It will grow from $1.11 billion in 2024 to $1.2 billion in 2025 at a compound annual growth rate (CAGR) of 7.9%. The growth in the historic period can be attributed to smartphone adoption, increasing volume of data generation, increased internet connectivity, the necessity for efficient data storage and transfer, and cost-effective solutions for data management.

The data compression software market size is expected to see strong growth in the next few years. It will grow to $1.61 billion in 2029 at a compound annual growth rate (CAGR) of 7.6%. The growth in the forecast period can be attributed to digital transformation, rapid industrialization, burgeoning e-commerce, increasing public demand for data security and optimization, and rising research and development activities. Major trends in the forecast period include advancements in technologies, introduction of cutting-edge technologies, integration of enhanced security, advancements in compression techniques, and cloud-based compression techniques.

The anticipated rise in the utilization of Internet of Things (IoT) devices is poised to drive the expansion of the data compression software market in the foreseeable future. IoT devices, comprising interconnected physical entities equipped with sensors, software, and networking capabilities, enable data collection and exchange, thereby facilitating smart and automated functionalities across various applications. The proliferation of IoT devices is fueled by advancements in data compression technology, which enables these devices to efficiently handle and store vast amounts of data. Data compression software is integral to IoT devices, optimizing bandwidth utilization and reducing data transmission overheads, particularly crucial for effective communication in networks with limited resources. For example, as per a report from Ericsson, a telecommunications company based in Sweden, global IoT connections reached 13.2 billion in 2022 and are projected to surge by 18% to 34.7 billion by 2028. Hence, the escalating adoption of IoT devices is a key driver behind the expansion of the data compression software market.

Leading players in the data compression software market are concentrating on innovating their offerings to address evolving data requirements more efficiently. One such innovation is video compressor software, tailored to meet the demands of managing multimedia data effectively. Video compressor software, a specialized application, is employed to reduce the file size of video content without significantly compromising its quality. For instance, in May 2024, Cisdem, a software company based in China, introduced Cisdem Video Compressor, a Windows-compatible tool that delivers robust media compression capabilities. This software empowers users to compress video and audio files by adjusting various parameters to achieve size reduction while preserving quality. It supports batch compression for multiple files simultaneously and boasts an intuitive interface with diverse compression settings and options. Designed to be user-friendly yet efficient, the software excels in reducing file sizes without compromising media quality.

In March 2023, Apple Inc., a technology giant headquartered in the United States, acquired WaveOne for an undisclosed sum. This strategic acquisition is poised to bolster Apple's video compression capabilities, enhancing storage and transmission efficiency for videos across its platforms, such as Apple TV+. WaveOne, a U.S.-based software firm, specializes in data compression software leveraging artificial intelligence and machine learning algorithms for video compression.

Major companies operating in the data compression software market are Google LLC, Microsoft Corporation Inc., Meta Platforms Inc, International Business Machines Corporation, Oracle Corporation, Broadcom Inc., SAS Institute Inc., NortonLifeLock Inc., Qihoo 360 Technology Co Ltd, Exasol AG, Corel Corporation, PeaZip, Tegile Systems Inc., Smith Micro Software Inc., PKWARE Inc., PowerArchiver, Osisof LLC, Wandera Inc., NCH Software Pty Ltd, Quortus Telecommunications, Otello Corp ASA, Panoratio Database Images Gmbh, WinRAR, 7-Zip, Bandisoft International Inc.

North America was the largest region in the data compression software market in 2024. The regions covered in the data compression software market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

The countries covered in the data compression software market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.

The data compression software market includes revenues earned by entities by providing services such as reducing file sizes, optimizing storage utilization, and facilitating faster data transmission. The market value includes the value of related goods sold by the service provider or included within the service offering. Only goods and services traded between entities or sold to end consumers are included.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

Data Compression Software Global Market Report 2025 from The Business Research Company provides strategists, marketers and senior management with the critical information they need to assess the market.

This report focuses on data compression software market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.

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Where is the largest and fastest growing market for data compression software ? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? The data compression software market global report from the Business Research Company answers all these questions and many more.

The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market's historic and forecast market growth by geography.

The market characteristics section of the report defines and explains the market.
The market size section gives the market size ($b) covering both the historic growth of the market, and forecasting its development.
The forecasts are made after considering the major factors currently impacting the market. These include:

The forecasts are made after considering the major factors currently impacting the market. These include the Russia-Ukraine war, rising inflation, higher interest rates, and the legacy of the COVID-19 pandemic.

Market segmentations break down the market into sub markets.
The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by geography and compares their historic and forecast growth. It covers the growth trajectory of COVID-19 for all regions, key developed countries and major emerging markets.
The competitive landscape chapter gives a description of the competitive nature of the market, market shares, and a description of the leading companies. Key financial deals which have shaped the market in recent years are identified.
The trends and strategies section analyses the shape of the market as it emerges from the crisis and suggests how companies can grow as the market recovers.

Scope

Markets Covered:1) By Type: Lossless Compression; Lossy Compression
2) By Service: Professional Service; Support And Maintenance Service
3) By Deployment: Cloud; On-Premise
4) By Vertical: Banking, Financial Services, And Insurance (BFSI); Retail; Healthcare; Information Technology (IT) And Telecommunication; Government; Travel And Hospitality; Transportation, Media And Entertainment, Manufacturing; Media And Entertainment; Manufacturing; Other Verticals
Subsegments:
1) By Lossless Compression: Run-Length Encoding (RLE); Huffman Coding; Lempel-Ziv-Welch (LZW); Arithmetic Coding
2) By Lossy Compression: Transform Coding; Predictive Coding; Fractal Compression; Wavelet Compression
Companies Mentioned: Google LLC; Microsoft Corporation Inc.; Meta Platforms Inc; International Business Machines Corporation; Oracle Corporation
Countries: Australia; Brazil; China; France; Germany; India; Indonesia; Japan; Russia; South Korea; UK; USA; Canada; Italy; Spain
Regions: Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa
Time series: Five years historic and ten years forecast.
Data: Ratios of market size and growth to related markets, GDP proportions, expenditure per capita,
Data segmentations: country and regional historic and forecast data, market share of competitors, market segments.
Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes.
Delivery format: PDF, Word and Excel Data Dashboard.

Product Code: r29939

1. Executive Summary

2. Data Compression Software Market Characteristics

3. Data Compression Software Market Trends And Strategies

4. Data Compression Software Market - Macro Economic Scenario Including The Impact Of Interest Rates, Inflation, Geopolitics, Covid And Recovery On The Market

5. Global Data Compression Software Growth Analysis And Strategic Analysis Framework

5.1. Global Data Compression Software PESTEL Analysis (Political, Social, Technological, Environmental and Legal Factors, Drivers and Restraints)
5.2. Analysis Of End Use Industries
5.3. Global Data Compression Software Market Growth Rate Analysis
5.4. Global Data Compression Software Historic Market Size and Growth, 2019 - 2024, Value ($ Billion)
5.5. Global Data Compression Software Forecast Market Size and Growth, 2024 - 2029, 2034F, Value ($ Billion)
5.6. Global Data Compression Software Total Addressable Market (TAM)

6. Data Compression Software Market Segmentation

6.1. Global Data Compression Software Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
Lossless Compression
Lossy Compression
6.2. Global Data Compression Software Market, Segmentation By Service, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
Professional Service
Support And Maintenance Service
6.3. Global Data Compression Software Market, Segmentation By Deployment, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
Cloud
On Premise
6.4. Global Data Compression Software Market, Segmentation By Vertical, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
Banking, Financial Services, And Insurance (BFSI)
Retail
Healthcare
Information Technology (IT) And Telecommunication
Government
Travel And Hospitality
Transportation, Media And Entertainment, Manufacturing
Media And Entertainment
Manufacturing
Other Verticals
6.5. Global Data Compression Software Market, Sub-Segmentation Of Lossless Compression, By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
Run-Length Encoding (RLE)
Huffman Coding
Lempel-Ziv-Welch (LZW)
Arithmetic Coding
6.6. Global Data Compression Software Market, Sub-Segmentation Of Lossy Compression, By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
Transform Coding
Predictive Coding
Fractal Compression
Wavelet Compression

7. Data Compression Software Market Regional And Country Analysis

7.1. Global Data Compression Software Market, Split By Region, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
7.2. Global Data Compression Software Market, Split By Country, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

8. Asia-Pacific Data Compression Software Market

8.1. Asia-Pacific Data Compression Software Market Overview
Region Information, Market Information, Background Information, Government Initiatives, Regulations, Regulatory Bodies, Major Associations, Taxes Levied, Corporate Tax Structure, Investments, Major Companies
8.2. Asia-Pacific Data Compression Software Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
8.3. Asia-Pacific Data Compression Software Market, Segmentation By Service, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
8.4. Asia-Pacific Data Compression Software Market, Segmentation By Deployment, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

9. China Data Compression Software Market

9.1. China Data Compression Software Market Overview
9.2. China Data Compression Software Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F,$ Billion
9.3. China Data Compression Software Market, Segmentation By Service, Historic and Forecast, 2019-2024, 2024-2029F, 2034F,$ Billion
9.4. China Data Compression Software Market, Segmentation By Deployment, Historic and Forecast, 2019-2024, 2024-2029F, 2034F,$ Billion

10. India Data Compression Software Market

10.1. India Data Compression Software Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
10.2. India Data Compression Software Market, Segmentation By Service, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
10.3. India Data Compression Software Market, Segmentation By Deployment, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

11. Japan Data Compression Software Market

11.1. Japan Data Compression Software Market Overview
11.2. Japan Data Compression Software Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
11.3. Japan Data Compression Software Market, Segmentation By Service, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
11.4. Japan Data Compression Software Market, Segmentation By Deployment, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

12. Australia Data Compression Software Market

12.1. Australia Data Compression Software Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
12.2. Australia Data Compression Software Market, Segmentation By Service, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
12.3. Australia Data Compression Software Market, Segmentation By Deployment, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

13. Indonesia Data Compression Software Market

13.1. Indonesia Data Compression Software Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
13.2. Indonesia Data Compression Software Market, Segmentation By Service, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
13.3. Indonesia Data Compression Software Market, Segmentation By Deployment, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

14. South Korea Data Compression Software Market

14.1. South Korea Data Compression Software Market Overview
14.2. South Korea Data Compression Software Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
14.3. South Korea Data Compression Software Market, Segmentation By Service, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
14.4. South Korea Data Compression Software Market, Segmentation By Deployment, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

15. Western Europe Data Compression Software Market

15.1. Western Europe Data Compression Software Market Overview
15.2. Western Europe Data Compression Software Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
15.3. Western Europe Data Compression Software Market, Segmentation By Service, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
15.4. Western Europe Data Compression Software Market, Segmentation By Deployment, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

16. UK Data Compression Software Market

16.1. UK Data Compression Software Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
16.2. UK Data Compression Software Market, Segmentation By Service, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
16.3. UK Data Compression Software Market, Segmentation By Deployment, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

17. Germany Data Compression Software Market

17.1. Germany Data Compression Software Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
17.2. Germany Data Compression Software Market, Segmentation By Service, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
17.3. Germany Data Compression Software Market, Segmentation By Deployment, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

18. France Data Compression Software Market

18.1. France Data Compression Software Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
18.2. France Data Compression Software Market, Segmentation By Service, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
18.3. France Data Compression Software Market, Segmentation By Deployment, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

19. Italy Data Compression Software Market

19.1. Italy Data Compression Software Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
19.2. Italy Data Compression Software Market, Segmentation By Service, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
19.3. Italy Data Compression Software Market, Segmentation By Deployment, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

20. Spain Data Compression Software Market

20.1. Spain Data Compression Software Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
20.2. Spain Data Compression Software Market, Segmentation By Service, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
20.3. Spain Data Compression Software Market, Segmentation By Deployment, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

21. Eastern Europe Data Compression Software Market

21.1. Eastern Europe Data Compression Software Market Overview
21.2. Eastern Europe Data Compression Software Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
21.3. Eastern Europe Data Compression Software Market, Segmentation By Service, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
21.4. Eastern Europe Data Compression Software Market, Segmentation By Deployment, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

22. Russia Data Compression Software Market

22.1. Russia Data Compression Software Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
22.2. Russia Data Compression Software Market, Segmentation By Service, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
22.3. Russia Data Compression Software Market, Segmentation By Deployment, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

23. North America Data Compression Software Market

23.1. North America Data Compression Software Market Overview
23.2. North America Data Compression Software Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
23.3. North America Data Compression Software Market, Segmentation By Service, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
23.4. North America Data Compression Software Market, Segmentation By Deployment, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

24. USA Data Compression Software Market

24.1. USA Data Compression Software Market Overview
24.2. USA Data Compression Software Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
24.3. USA Data Compression Software Market, Segmentation By Service, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
24.4. USA Data Compression Software Market, Segmentation By Deployment, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

25. Canada Data Compression Software Market

25.1. Canada Data Compression Software Market Overview
25.2. Canada Data Compression Software Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
25.3. Canada Data Compression Software Market, Segmentation By Service, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
25.4. Canada Data Compression Software Market, Segmentation By Deployment, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

26. South America Data Compression Software Market

26.1. South America Data Compression Software Market Overview
26.2. South America Data Compression Software Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
26.3. South America Data Compression Software Market, Segmentation By Service, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
26.4. South America Data Compression Software Market, Segmentation By Deployment, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

27. Brazil Data Compression Software Market

27.1. Brazil Data Compression Software Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
27.2. Brazil Data Compression Software Market, Segmentation By Service, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
27.3. Brazil Data Compression Software Market, Segmentation By Deployment, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

28. Middle East Data Compression Software Market

28.1. Middle East Data Compression Software Market Overview
28.2. Middle East Data Compression Software Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
28.3. Middle East Data Compression Software Market, Segmentation By Service, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
28.4. Middle East Data Compression Software Market, Segmentation By Deployment, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

29. Africa Data Compression Software Market

29.1. Africa Data Compression Software Market Overview
29.2. Africa Data Compression Software Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
29.3. Africa Data Compression Software Market, Segmentation By Service, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
29.4. Africa Data Compression Software Market, Segmentation By Deployment, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

30. Data Compression Software Market Competitive Landscape And Company Profiles

30.1. Data Compression Software Market Competitive Landscape
30.2. Data Compression Software Market Company Profiles
- 30.2.1. Google LLC Overview, Products and Services, Strategy and Financial Analysis
- 30.2.2. Microsoft Corporation Inc. Overview, Products and Services, Strategy and Financial Analysis
- 30.2.3. Meta Platforms Inc Overview, Products and Services, Strategy and Financial Analysis
- 30.2.4. International Business Machines Corporation Overview, Products and Services, Strategy and Financial Analysis
- 30.2.5. Oracle Corporation Overview, Products and Services, Strategy and Financial Analysis

31. Data Compression Software Market Other Major And Innovative Companies

31.1. Broadcom Inc.
31.2. SAS Institute Inc.
31.3. NortonLifeLock Inc.
31.4. Qihoo 360 Technology Co Ltd
31.5. Exasol AG
31.6. Corel Corporation
31.7. PeaZip
31.8. Tegile Systems Inc.
31.9. Smith Micro Software Inc.
31.10. PKWARE Inc.
31.11. PowerArchiver
31.12. Osisof LLC
31.13. Wandera Inc.
31.14. NCH Software Pty Ltd
31.15. Quortus Telecommunications

32. Global Data Compression Software Market Competitive Benchmarking And Dashboard

33. Key Mergers And Acquisitions In The Data Compression Software Market

34. Recent Developments In The Data Compression Software Market

35. Data Compression Software Market High Potential Countries, Segments and Strategies

35.1 Data Compression Software Market In 2029 - Countries Offering Most New Opportunities
35.2 Data Compression Software Market In 2029 - Segments Offering Most New Opportunities
35.3 Data Compression Software Market In 2029 - Growth Strategies
- 35.3.1 Market Trend Based Strategies
- 35.3.2 Competitor Strategies

36. Appendix

36.1. Abbreviations
36.2. Currencies
36.3. Historic And Forecast Inflation Rates
36.4. Research Inquiries
36.5. The Business Research Company
36.6. Copyright And Disclaimer