How Big is the Computer Software Market | Global Size & Growth Outlook

Q: What is the current size of the computer software market?

The computer software market was valued at USD 721.3 billion in 2024 and is projected to reach USD 1,159.7 billion by 2031.

Q: What is the growth rate of the computer software market?

The market is anticipated to grow at a CAGR of 7.0% between 2025 and 2031.

Q: Which components contribute the most to the computer software market?

Cloud software, enterprise applications, cybersecurity, and productivity tools are major contributors.

Q: What is driving demand in the computer software market?

Demand is driven by digitalization, cloud adoption, data protection, and enterprise modernization.

Q: How does 6W market outlook report help businesses in making decisions?

6W monitors the market across 60+ countries Globally, publishing an annual market outlook report that analyses trends, key drivers, Size, Volume, Revenue, opportunities, and market segments. This report offers comprehensive insights, helping businesses understand market dynamics and make informed decisions.

Q: Do you also provide customisation in the market study?

Yes, we provide customisation as per your requirements. To learn more, feel free to contact us on sales@6wresearch.com

Code: MTA5838

Publication Date: Jul 2025

How big is the Computer Software Market?

According to 6Wresearch internal database and industry insights, Global computer software market was valued at approximatelyUSD 721.3 billion in 2024 and is projected to reachUSD 1,159.7 billion by 2031, growing at aCAGR of 7.0% during the forecast period.

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The market is expanding steadily due to increasing digital transformation, cloud adoption, and demand for enterprise, productivity, and security software across sectors.

Key Growth Drivers of the Computer Software Market

Rising adoption of cloud computing and SaaS platforms
Increasing demand for enterprise resource planning and CRM solutions
Widespread use of productivity and collaboration tools
Surging need for cybersecurity and data privacy software
Rapid digitization across healthcare, finance, retail, and education sectors

Computer Software Market Trends

The computer software market is witnessing strong momentum as organizations modernize IT infrastructure and streamline operations. Cloud-based solutions are dominating the market due to flexibility, scalability, and cost efficiency. AI and machine learning integration is transforming software capabilities in automation, data analysis, and personalization. Low-code and no-code development platforms are enabling faster application deployment for businesses. The rise of remote work has accelerated the adoption of project management, communication, and virtual collaboration software.

Emerging Developments in the Computer Software Market

Computer software market is developing with relative to growth in generative artificial intelligence, blockchain applications, and quantum-friendly software products. The companies selling software are improve their user experience because they can use intuitive interfaces, on the fly analytics and invoke APIs in their software. Software that is cross-platform and mobile-friendly is being introduced to accommodate the hybrid work overload. Alliance formation between tech giants, start-ups, and industry verticals is speeding up the pace of innovation and specialized software packages.