Independent Software Vendors (ISVs) Market- Global Industry Analysis and Forecast (2022-2027) Trends, Statistics, Dynamics, Segmentation by Software Deployment, End-user, Application, and Region

Independent Software Vendors (ISVs) Market was valued at US$ 0.24 Bn. in 2021. Global Independent Software Vendors (ISVs) Market size is expected to grow at a CAGR of 9.18% through the forecast period.

Independent Software Vendors (ISVs) Market Overview:

An Independent Software Vendor (ISV) is a business where the software is built, developed, & sold to the consumer or enterprise. The software will remain the property of the software vendor even after selling to the end-user and a license will be given to the end-user. ISV-built software is compatible with Windows, Linux, and Apple. ISVs have their presence in all from basic to advanced business requirements. The market is expected to register rapid growth during the forecasted period due to the rising adoption & recent advances in cloud-based solutions. Significant growth is expected due to support from original equipment manufacturers (OEMs) and demand for value-added services by end-users users. Independent Software Vendors (ISVs) Market To know about the Research Methodology :- Request Free Sample Report 2021 is considered as a base year to forecast the market from 2022 to 2027. 2020’s market size is estimated on real numbers and outputs of the key players and major players across the globe. The past five years' trends are considered while forecasting the market through 2027. 2020 is a year of exception and analysis, especially with the impact of lockdown by region.

Independent Software Vendors (ISVs) Market Dynamics:

Drivers: 1) Rising Demand for Multi-cloud & Hybrid Cloud: Increasing demand for implementing the multi-cloud & hybrid cloud is resulting in an excellent growth opportunity for ISVs. Due to the various benefits, the companies are demanding multi-cloud and hybrid cloud systems. 2) Increasing Adoption of SaaS: Software as a Service (SaaS) is one of the leading cloud computing models that are expected to gain more pull than traditional on-premises software licensing models soon. Strong market growth is due to an increasing number of companies looking for flexible, cost-effective, and robust cloud computing solutions, creating new opportunities for independent software vendors (ISVs). Increasing outsourcing of enterprise software and services is expected to drive SaaS growth, as modern consumer trends increase the need to adopt new IT solutions. 3) Increased Demand for Value Added Services: Customers are demanding value-added services for fulfilling their experience which is expected to drive the demand for ISVs. The covid pandemic has major impact due to which development has been done in the services and become act less. ISVs meet the demands of IT and industry buyers for increased speed, agility, & scalability with cloud-enabled and cloud-native solutions. 4) OEM support for ISVs: The support of OEMs to the ISVs is one of the driving factors for the Independent Software Vendors market. The Support of OEM keeps the efficiency high while reducing the ownership cost & capital cost. Key Challenges: One of the challenges faced by the ISVs is data theft. There are high concerns about data theft & privacy around the world. This is because the number of data thefts & information leaks has increased in recent years. Organizations are adopting more & more cloud platforms and are looking for better ways to control user access rights within each service. Data theft and privacy concerns are high on cloud platforms. The dynamic technology outlook & its constant change in customer needs can be a challenge for the market. The time it takes to develop a particular flow and digitize data can discourage the global independent software vendor market.

Independent Software Vendors (ISVs) Market Segment Analysis:

Based on Software Deployment, the Independent Software Vendors (ISVs) Market is segmented by; on-premises & Cloud-based. Cloud-based software deployment is more preferred than on-premises to the benefits of the cloud; cloud technology is expected to dominate the global market. In addition, segment demand in the market can increase as companies need to expand their services without being bound by restrictions or hurdles. Expert cloud solutions not only provide ISVs with serverless application capabilities to their customers but also support new customers with comprehensive onboarding with low barriers to entry into the easy-to-deploy market. This approach not only speeds time to value, but also overcomes critical bottlenecks along the way and drives software vendors towards greater business efficiency, advanced innovation, and cost-efficiencyIndependent Software Vendors (ISVs) MarketBased on the Application, the market is segmented into Finance, Healthcare, Public Sector & Utilities, Retail sector, E-commerce, Telecom, IT solutions, Education, & Others. The retail segment is showing excellent growth in the ISVs. E-commerce applications may benefit most from independent software vendors as online shopping is increasing. It is growing with around a CAGR of 12.5%. Changing customer habits & the convenience of the delivery can increase the demand for ISVs that provide mobile app users with storage options & a seamless customer experience. In India, the Retail sector is having around 31% market share. After the pandemic, the finance sector has evolved with new advances. Independent Software Vendors (ISVs) now need to develop a wide range of software that enables enterprises to do more at less cost. Given the ever-evolving economy and the introduction of new payment solutions, ISV payment solutions have become crucial in the new financial environment. It is having CAGR of around 7.8%. The idea of integrated payments, as an ISV, means incorporating a payment processing system into a software application that is provided to the customer. This integrated payment solution allows customers and end-users to make payments within the ISV platform rather than being redirected to an external platform or third-party processor. ISVs are used in the healthcare industry for the EHR system. In a rapidly changing medical environment, almost every clinic needs to find ways to improve medical delivery while improving billing, patient records, & HIPAA compliance. ISV plays a major role in solving the complexities & making the medical billing and Payments simple.

Independent Software Vendors (ISVs) Market Regional Insights:

The North American region dominated the market with a 43 % share in 2021. The North American region is leading in this market and is expected to witness significant growth at a CAGR of 14% through the forecast period. Major market players are present in the North American region. Market in North America is mainly driven by the increase in the use of various enterprise solutions such as human capital management (HCM), expense management, financials, office suites, and web conferencing technology due to a highly distributed workforce. The Asia Pacific is showing positive signs for the global independent software vendors market during the forecast period. The rising adoption of cloud-based solutions by different sectors such as finance and healthcare are benefiting the independent software vendors. Rapid signs of progress in India and China are responsible for the expected growth of the market in the forecasted period. ISV market in India is growing with an 11.47% CAGR. India is the most engaging market in the Asia Pacific because the government's goal of launching digital payments and connecting all remote areas via high-speed Internet is driving the need for independent software vendors. The European countries are focusing on the advances and adopting the upgraded technology which is resulting in the rise in demand for the ISVs across Europe in coming years. The growth in the Embedded Analytics Software market is expected from Latin America. The objective of the report is to present a comprehensive analysis of the global Independent Software Market to the stakeholders in the industry. The past and status of the industry with the forecasted market size and trends are presented in the report with the analysis of complicated data in simple language. The report covers all the aspects of the industry with a dedicated study of key players that include market leaders, followers, and new entrants. PORTER, PESTEL analysis with the potential impact of micro-economic factors of the market have been presented in the report. External as well as internal factors that are supposed to affect the business positively or negatively have been analyzed, which will give a clear futuristic view of the industry to the decision-makers. The reports also help in understanding the Independent Software Vendors (ISVs) Market dynamic, structure by analyzing the market segments and projecting the Independent Software Vendors (ISVs) Market size. Clear representation of competitive analysis of key players by Vehicle type, price, financial position, product portfolio, growth strategies, and regional presence in the Independent Software Vendors (ISVs) Market make the report investor’s guide.

Independent Software Vendors (ISVs) Market Scope: Inquiry Before Buying

Independent Software Vendors (ISVs) Market
Report Coverage Details
Base Year: 2021 Forecast Period: 2022-2027
Historical Data: 2017 to 2021 Market Size in 2021: US$ 0.24 Bn.
Forecast Period 2022 to 2027 CAGR: 9.18% Market Size in 2027: US$ 0.40 Bn.
Segments Covered: by Software Deployment • Software • Services o Professional services • Consulting services • Maintenance services
by Application • Healthcare • Finance • E-commerce • IT operations • Retail Sector • Education • Telecom
by End-User • Independent Software Vendors • Managed Service Providers • Cloud Service Providers • Data Service Providers • Device Solution and Application providers

Independent Software Vendors (ISVs) Market by Region

• North America • Europe • The Asia Pacific • South America • The Middle East and Africa

Independent Software Vendors (ISVs) Market Key Players

Cisco Systems • Microsoft Corporation • Novell • Oracle • Apple • SAP • IBM Corporation • Compuware • Mocana • Odyssey Software • Double-Take Software • Yahoo • Nutanix • Salesforce • RSA Frequently Asked Questions: 1] What segments are covered in the Global Independent Software Vendors (ISVs) Market report? Ans. The segments covered in the Independent Software Vendors (ISVs) Market report are based on Software Deployment, Software Deployment, End-user, and Application. 2] Which region is expected to hold the highest share in the Global Independent Software Vendors (ISVs) Market? Ans. The North American region is expected to hold the highest share in the independent Software Market. 3] What is the market size of the Global Independent Software Vendors (ISVs) Market by 2027? Ans. The market size of the Independent Software Vendors (ISVs) Market by 2027 is expected to reach US$ 0.40 Bn. 4] What is the forecast period for the Global Independent Software Vendors (ISVs) Market? Ans. The forecast period for the Independent Software Vendors (ISVs) Market is 2022-2027. 5] What was the market size of the Global Independent Software Vendors (ISVs) Market in 2022? Ans. The market size of the Independent Software Vendors (ISVs) Market in 2022 was valued at US$ 0.24 Bn.
1. Global Independent Software Vendors Market Size: Research Methodology 2. Global Independent Software Vendors Market Size: Executive Summary 2.1. Market Overview and Definitions 2.1.1. Introduction to Global Independent Software Vendors Market Size 2.2. Summary 2.2.1. Key Findings 2.2.2. Recommendations for Investors 2.2.3. Recommendations for Market Leaders 2.2.4. Recommendations for New Market Entry 3. Global Independent Software Vendors Market Size: Competitive Analysis 3.1. MMR Competition Matrix 3.1.1. Market Structure by region 3.1.2. Competitive Benchmarking of Key Players 3.2. Consolidation in the Market 3.2.1 M&A by region 3.3. Key Developments by Companies 3.4. Market Drivers 3.5. Market Restraints 3.6. Market Opportunities 3.7. Market Challenges 3.8. Market Dynamics 3.9. PORTERS Five Forces Analysis 3.10. PESTLE 3.11. Regulatory Landscape by region • North America • Europe • Asia Pacific • Middle East and Africa • South America 3.12. COVID-19 Impact 4. Global Independent Software Vendors Market Size Segmentation 4.1. Global Independent Software Vendors Market Size, by Software Deployment (2021-2027) • Software • Services 4.2. Global Independent Software Vendors Market Size, by End-User(2021-2027) • Independent Software Vendors • Managed Service Providers • Cloud Service Providers • Data Service Providers 4.3. Global Independent Software Vendors Market Size, by Application (2021-2027) • Healthcare • Finance • E-commerce • IT operations • Retail Sector • Education • Telecom 5. North America Independent Software Vendors Market (2021-2027) 5.1. North America Independent Software Vendors Market Size, by Software Deployment (2021-2027) • Software • Services 5.2. North America Independent Software Vendors Market Size, by End-User(2021-2027) • Independent Software Vendors • Managed Service Providers • Cloud Service Providers • Data Service Providers 5.3. North America Independent Software Vendors Market Size, by Application (2021-2027) • Healthcare • Finance • E-commerce • IT operations • Retail Sector • Education • Telecom 5.4. North America Independent Software Vendors Market, by Country (2021-2027) • United States • Canada • Mexico 6. European Independent Software Vendors Market (2021-2027) 6.1. European Independent Software Vendors Market, by Software Deployment (2021-2027) 6.2. European Independent Software Vendors Market, by End-User(2021-2027) 6.3. European Independent Software Vendors Market, by Application (2021-2027) 6.4. European Independent Software Vendors Market, by Country (2021-2027) • UK • France • Germany • Italy • Spain • Sweden • Austria • Rest Of Europe 7. Asia Pacific Independent Software Vendors Market (2021-2027) 7.1. Asia Pacific Independent Software Vendors Market, by Software Deployment (2021-2027) 7.2. Asia Pacific Independent Software Vendors Market, by End-User(2021-2027) 7.3. Asia Pacific Independent Software Vendors Market, by Application (2021-2027) 7.4. Asia Pacific Independent Software Vendors Market, by Country (2021-2027) • China • India • Japan • South Korea • Australia • ASEAN • Rest Of APAC 8. Middle East and Africa Independent Software Vendors Market (2021-2027) 8.1. Middle East and Africa Independent Software Vendors Market, by Software Deployment (2021-2027) 8.2. Middle East and Africa Independent Software Vendors Market, by End-User(2021-2027) 8.3. Middle East and Africa Independent Software Vendors Market, by Application (2021-2027) 8.4. Middle East and Africa Independent Software Vendors Market, by Country (2021-2027) • South Africa • GCC • Egypt • Nigeria • Rest Of ME&A 9. South America Independent Software Vendors Market (2021-2027) 9.1. South America Independent Software Vendors Market, by Software Deployment (2021-2027) 9.2. South America Independent Software Vendors Market, by End-User(2021-2027) 9.3. South America Independent Software Vendors Market, by Application (2021-2027) 9.4. South America Independent Software Vendors Market, by Country (2021-2027) • Brazil • Argentina • Rest Of South America 10. Company Profile: Key players 10.1. Cisco Systems 10.1.1. Company Overview 10.1.2. Financial Overview 10.1.3. Global Presence 10.1.4. Capacity Portfolio 10.1.5. Business Strategy 10.1.6. Recent Developments 10.2. Microsoft Corporation 10.3. Novell 10.4. Oracle 10.5. Apple 10.6. SAP 10.7. IBM Corporation 10.8. Compuware 10.9. Mocana 10.10. Odyssey Software 10.11. Double-Take Software 10.12. Yahoo 10.13. Nutanix 10.14. Salesforce 10.15. RSA.

About This Report

Report ID 147006
Category Information Technology & Telecommunication
Published Date May 2022
Updated Date
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