Software Market Size | Insights, Trends & Growth Analysis 2025

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Code: MTA10507

Publication Date: Nov 2025

What is the size of the Software Market?

According to 6Wresearch internal database and industry insights, the Global Software Market was valued at USD 822 Billion in 2024 and is expected to reach USD 1180 Billion by 2031, growing at a compound annual growth rate of 5.30% during the forecast period (2025-2031).

There are numbers of factors which are contributing in the expansion of the market include increasing digital transformation across industries, rising adoption of cloud computing, the surge in demand for automation tools, and the integration of artificial intelligence and machine learning in enterprise applications.

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Key Growth Drivers of the Software Market

Increasing adoption of cloud-based solutions across enterprises
Rising demand for automation and digital workflow management tools
Growth in enterprise data and analytics-driven decision-making
Integration of artificial intelligence and machine learning technologies
Rising IT investments in both small and large organizations

Software Market Trends

Software Market is witnessing major growth with trends such as the rising popularity of SaaS models and cloud-native applications that enhance scalability and flexibility.Low-code and no-code platforms are making it possible to develop and deploy software more quickly. Companies are focusing on cybersecurity software to protect their data from breaches and make their systems more resilient. Furthermore, using AI-powered analytics tools is making operations run smoothly.

The rise of subscription-based licensing and remote collaboration tools has accelerated up the growth of the market even more. Moreover, increasing digital transformation initiatives across industries and government support for IT infrastructure development are further driving the expansion of the market.

Emerging Developments in the Software Market

Software Market is evolving through continuous innovation in AI-driven development tools, automation platforms, and industry-specific software solutions. There is an increasing focus on hybrid cloud environments to support diverse business needs. The companies are investing in R&D to develop interoperable and secure software ecosystems. Technology providers and enterprise clients are working together to make customized software solutions possible. Additionally, improvements in DevOps and containerization are making it easier to deploy software and manage its lifecycle.