Software Consulting Market Size Exceed US$ 639.18 Bn by 2030

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The global software consulting market size is expected to be worth around US$ 639.18 billion by 2030, according to a new report by Vision Research Reports.

The global software consulting market size was valued at US$ 318.60 billion in 2020 and is anticipated to grow at a CAGR of 13.0% during forecast period 2021 to 2030.

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Report Coverage

Report Scope Details
Market Size US$ 639.18 Bn by 2030
Growth Rate CAGR of 13.0% From 2021 to 2030
Base Year 2021
Forecast Period 2021 to 2030
Segments Covered Application, enterprise size, end-use
Regional Scope North America, Europe, Asia Pacific, Latin America, Middle East & Africa
Companies Mentioned Accenture PLC; Atos SE; Capgemini; CGI Group, Inc.; Clearfind; Cognizant; Deloitte Touche Tohmatsu Ltd.; Ernst & Young LLP; International Business Machines Corp.; Oracle Corp.; PricewaterhouseCoopers B.V.; Rapport IT; SAP SE

Growth Factors

 This growth is attributed to the myriad of benefits these solutions and services offer, such as optimizing business operations, minimizing wastage, and augmenting organizational revenues. These services also help organizations in identifying business growth opportunities and determining areas for cost efficiencies. The Covid-19 pandemic has affected market players as well as consultants.

The growing adoption and deployment of cloud technology can be attributed mainly to the growing interest of organizations in operational flexibility, business applications, and workload optimization hosted on a cloud computing environment. The high level of scalability &flexibility along with cost advantages offered by cloud computing is also influencing the migration to cloud platforms, thereby driving the market growth.

By Application Analysis

The software security services segment is anticipated to register the highest growth rate over the forecast period. The growth of this segment can be attributed to the increasing use of cloud servers to store information and an increasing number of cyberattacks to gain access to information.The enterprise solutions segment accounted for the largest market share of over 21% in 2020 and is projected to remain dominant throughout the forecast period.

Software applications have become an integral part of enterprises regardless of the main business operations of the company. The security of these software applications has been a critical concern for companies as they are continuously accessible to the network and susceptible to a wide range of security threats.

By Enterprise Size Analysis

The large enterprise segment accounted for the largest market share of more than 61.5% in 2020. Large enterprises have vast data that needs to be effectively managed in local offices as well as overseas.

The Software-as-a-Service (SaaS) model has also been experiencing high demand in the B2B sector, wherein the use of technologies, such as Artificial Intelligence (AI) and Machine Learning (ML), is likely to improve automation and data-based decision-making across operations.

The small & medium enterprises segment is expected to register the fastest CAGR over the forecast period. Increasing initiatives by various governments through digital SME campaigns are anticipated to drive the growth of the segment.

By End-use Analysis

The BFSI segment accounted for the largest market share of over 19% in 2020. Financial service firms are widely adopting consulting services to focus on their resources, integrate software across critical processes, and drive business growth.

The growing adoption of cloud-based solutions and services for the storage of critical information of the customers and the growing number of cyberattacks are driving the demand for software security consulting services in the BFSI segment.

The healthcare segment is anticipated to register the highest CAGR over the forecast period. Increasing technological developments, such as Internet of Things (IoT) & wearables, cloud services, product engineering services, integration services, and data science and business intelligence solutions, in the healthcare sector are expected to boost the segment growth.

By Regional Analysis

North America dominated the global market with a revenue share of over 31% in 2020 and will expand further at a steady growth rate from 2021 to 2030. The region is witnessing a high inflow of investments in technological R&D across various industries.

 The market in Asia Pacific is expected to register the fastest CAGR from 2021 to 2030. Various governments in the region are encouraging software companies to design and develop Free and Open-Source Software (FOSS) for SaaS, mobile applications, and Service-Oriented Architecture (SOA).

Key Players

  • Accenture PLC
  • Atos SE
  • Capgemini
  • CGI Group, Inc.
  • Clearfind
  • Cognizant
  • Deloitte Touche Tohmatsu Ltd.
  • Ernst & Young LLP
  • International Business Machines Corp.
  • Oracle Corp.
  • PricewaterhouseCoopers B.V.
  • Rapport IT
  • SAP SE

Market Segmentation

  • By Application
    • Enterprise Solutions
    • Application Development
    • Migration & Maintenance Services
    • Design Services
    • Application Testing Services
    • Software Security Services
    • Others
  • By Enterprise Size
    • Large Enterprise
    • Small & Medium Enterprises (SMEs)
  • By End-use
    • Automotive
    • BFSI
    • Education
    • Government
    • Healthcare
    • IT & Telecom
    • Manufacturing
    • Retail
    • Others
  • Regional
    • North America
      • U.S.
      • Canada
    • Europe
      • Germany
      • U.K.
    • Asia Pacific
      • China
      • India
      • Japan
    • Latin America
      • Brazil
    • Middle East & Africa (MEA)

Table of Contents

Chapter 1.  Introduction

1.1.  Research Objective

1.2.  Scope of the Study

1.3.  Definition

Chapter 2.  Research Methodology

2.1.  Research Approach

2.2.  Data Sources

2.3.  Assumptions & Limitations

Chapter 3.  Executive Summary

3.1.  Market Snapshot

Chapter 4.  Market Variables and Scope

4.1.  Introduction

4.2.  Market Classification and Scope

4.3.  Industry Value Chain Analysis

4.3.1.    Raw Material Procurement Analysis

4.3.2.    Sales and Distribution Channel Analysis

4.3.3.    Downstream Buyer Analysis

Chapter 5.  Market Dynamics Analysis and Trends

5.1.  Market Dynamics

5.1.1.    Market Drivers

5.1.2.    Market Restraints

5.1.3.    Market Opportunities

5.2.  Porter’s Five Forces Analysis

5.2.1.    Bargaining power of suppliers

5.2.2.    Bargaining power of buyers

5.2.3.    Threat of substitute

5.2.4.    Threat of new entrants

5.2.5.    Degree of competition

Chapter 6.  Competitive Landscape

6.1.1.    Company Market Share/Positioning Analysis

6.1.2.    Key Strategies Adopted by Players

6.1.3.    Vendor Landscape

6.1.3.1.        List of Suppliers

6.1.3.2.        List of Buyers

Chapter 7.  Global Software Consulting Market, By Application

7.1.  Software Consulting Market, by Application, 2021-2030

7.1.1.    Enterprise Solutions

7.1.1.1.        Market Revenue and Forecast (2017-2030)

7.1.2.    Enterprise Size Development

7.1.2.1.        Market Revenue and Forecast (2017-2030)

7.1.3.    Migration & Maintenance Services

7.1.3.1.        Market Revenue and Forecast (2017-2030)

7.1.4.    Design Services

7.1.4.1.        Market Revenue and Forecast (2017-2030)

7.1.5.    Enterprise Size Testing Services

7.1.5.1.        Market Revenue and Forecast (2017-2030)

7.1.6.    Software Security Services

7.1.6.1.        Market Revenue and Forecast (2017-2030)

7.1.7.    Others

7.1.7.1.        Market Revenue and Forecast (2017-2030)

Chapter 8.  Global Software Consulting Market, By Enterprise Size

8.1.  Software Consulting Market, by Enterprise Size, 2021-2030

8.1.1.    Large Enterprise

8.1.1.1.        Market Revenue and Forecast (2017-2030)

8.1.2.    Small & Medium Enterprises (SMEs)

8.1.2.1.        Market Revenue and Forecast (2017-2030)

Chapter 9.  Global Software Consulting Market, By End User

9.1.  Software Consulting Market, by End User, 2021-2030

9.1.1.    Automotive

9.1.1.1.        Market Revenue and Forecast (2017-2030)

9.1.2.    BFSI

9.1.2.1.        Market Revenue and Forecast (2017-2030)

9.1.3.    Education

9.1.3.1.        Market Revenue and Forecast (2017-2030)

9.1.4.    Government

9.1.4.1.        Market Revenue and Forecast (2017-2030)

9.1.5.    Healthcare

9.1.5.1.        Market Revenue and Forecast (2017-2030)

9.1.6.    IT & Telecom

9.1.6.1.        Market Revenue and Forecast (2017-2030)

9.1.7.    Manufacturing

9.1.7.1.        Market Revenue and Forecast (2017-2030)

9.1.8.    Retail

9.1.8.1.        Market Revenue and Forecast (2017-2030)

Chapter 10.      Global Software Consulting Market, Regional Estimates and Trend Forecast

10.1.        North America

10.1.1.  Market Revenue and Forecast, by Application (2017-2030)

10.1.2.  Market Revenue and Forecast, by Enterprise Size (2017-2030)

10.1.3.  Market Revenue and Forecast, by End User (2017-2030)

10.1.4.  U.S.

10.1.4.1.      Market Revenue and Forecast, by Application (2017-2030)

10.1.4.2.      Market Revenue and Forecast, by Enterprise Size (2017-2030)

10.1.4.3.      Market Revenue and Forecast, by End User (2017-2030)

10.1.5.  Rest of North America

10.1.5.1.      Market Revenue and Forecast, by Application (2017-2030)

10.1.5.2.      Market Revenue and Forecast, by Enterprise Size (2017-2030)

10.1.5.3.      Market Revenue and Forecast, by End User (2017-2030)

10.2.        Europe

10.2.1.  Market Revenue and Forecast, by Application (2017-2030)

10.2.2.  Market Revenue and Forecast, by Enterprise Size (2017-2030)

10.2.3.  Market Revenue and Forecast, by End User (2017-2030)

10.2.4.  UK

10.2.4.1.      Market Revenue and Forecast, by Application (2017-2030)

10.2.4.2.      Market Revenue and Forecast, by Enterprise Size (2017-2030)

10.2.4.3.      Market Revenue and Forecast, by End User (2017-2030)

10.2.5.  Germany

10.2.5.1.      Market Revenue and Forecast, by Application (2017-2030)

10.2.5.2.      Market Revenue and Forecast, by Enterprise Size (2017-2030)

10.2.5.3.      Market Revenue and Forecast, by End User (2017-2030)

10.2.6.  France

10.2.6.1.      Market Revenue and Forecast, by Application (2017-2030)

10.2.6.2.      Market Revenue and Forecast, by Enterprise Size (2017-2030)

10.2.6.3.      Market Revenue and Forecast, by End User (2017-2030)

10.2.7.  Rest of Europe

10.2.7.1.      Market Revenue and Forecast, by Application (2017-2030)

10.2.7.2.      Market Revenue and Forecast, by Enterprise Size (2017-2030)

10.2.7.3.      Market Revenue and Forecast, by End User (2017-2030)

10.3.        APAC

10.3.1.  Market Revenue and Forecast, by Application (2017-2030)

10.3.2.  Market Revenue and Forecast, by Enterprise Size (2017-2030)

10.3.3.  Market Revenue and Forecast, by End User (2017-2030)

10.3.4.  India

10.3.4.1.      Market Revenue and Forecast, by Application (2017-2030)

10.3.4.2.      Market Revenue and Forecast, by Enterprise Size (2017-2030)

10.3.4.3.      Market Revenue and Forecast, by End User (2017-2030)

10.3.5.  China

10.3.5.1.      Market Revenue and Forecast, by Application (2017-2030)

10.3.5.2.      Market Revenue and Forecast, by Enterprise Size (2017-2030)

10.3.5.3.      Market Revenue and Forecast, by End User (2017-2030)

10.3.6.  Japan

10.3.6.1.      Market Revenue and Forecast, by Application (2017-2030)

10.3.6.2.      Market Revenue and Forecast, by Enterprise Size (2017-2030)

10.3.6.3.      Market Revenue and Forecast, by End User (2017-2030)

10.3.7.  Rest of APAC

10.3.7.1.      Market Revenue and Forecast, by Application (2017-2030)

10.3.7.2.      Market Revenue and Forecast, by Enterprise Size (2017-2030)

10.3.7.3.      Market Revenue and Forecast, by End User (2017-2030)

10.4.        MEA

10.4.1.  Market Revenue and Forecast, by Application (2017-2030)

10.4.2.  Market Revenue and Forecast, by Enterprise Size (2017-2030)

10.4.3.  Market Revenue and Forecast, by End User (2017-2030)

10.4.4.  GCC

10.4.4.1.      Market Revenue and Forecast, by Application (2017-2030)

10.4.4.2.      Market Revenue and Forecast, by Enterprise Size (2017-2030)

10.4.4.3.      Market Revenue and Forecast, by End User (2017-2030)

10.4.5.  North Africa

10.4.5.1.      Market Revenue and Forecast, by Application (2017-2030)

10.4.5.2.      Market Revenue and Forecast, by Enterprise Size (2017-2030)

10.4.5.3.      Market Revenue and Forecast, by End User (2017-2030)

10.4.6.  South Africa

10.4.6.1.      Market Revenue and Forecast, by Application (2017-2030)

10.4.6.2.      Market Revenue and Forecast, by Enterprise Size (2017-2030)

10.4.6.3.      Market Revenue and Forecast, by End User (2017-2030)

10.4.7.  Rest of MEA

10.4.7.1.      Market Revenue and Forecast, by Application (2017-2030)

10.4.7.2.      Market Revenue and Forecast, by Enterprise Size (2017-2030)

10.4.7.3.      Market Revenue and Forecast, by End User (2017-2030)

10.5.        Latin America

10.5.1.  Market Revenue and Forecast, by Application (2017-2030)

10.5.2.  Market Revenue and Forecast, by Enterprise Size (2017-2030)

10.5.3.  Market Revenue and Forecast, by End User (2017-2030)

10.5.4.  Brazil

10.5.4.1.      Market Revenue and Forecast, by Application (2017-2030)

10.5.4.2.      Market Revenue and Forecast, by Enterprise Size (2017-2030)

10.5.4.3.      Market Revenue and Forecast, by End User (2017-2030)

10.5.5.  Rest of LATAM

10.5.5.1.      Market Revenue and Forecast, by Application (2017-2030)

10.5.5.2.      Market Revenue and Forecast, by Enterprise Size (2017-2030)

10.5.5.3.      Market Revenue and Forecast, by End User (2017-2030)

Chapter 11.  Company Profiles

11.1.              Accenture PLC

11.1.1.  Company Overview

11.1.2.  Product Offerings

11.1.3.  Financial Performance

11.1.4.  Recent Initiatives

11.2.              Atos SE

11.2.1.  Company Overview

11.2.2.  Product Offerings

11.2.3.  Financial Performance

11.2.4.  Recent Initiatives

11.3.              Capgemini

11.3.1.  Company Overview

11.3.2.  Product Offerings

11.3.3.  Financial Performance

11.3.4.  Recent Initiatives

11.4.              CGI Group, Inc.

11.4.1.  Company Overview

11.4.2.  Product Offerings

11.4.3.  Financial Performance

11.4.4.  Recent Initiatives

11.5.              Clearfind

11.5.1.  Company Overview

11.5.2.  Product Offerings

11.5.3.  Financial Performance

11.5.4.  Recent Initiatives

11.6.              Cognizant

11.6.1.  Company Overview

11.6.2.  Product Offerings

11.6.3.  Financial Performance

11.6.4.  Recent Initiatives

11.7.              Deloitte Touche Tohmatsu Ltd.

11.7.1.  Company Overview

11.7.2.  Product Offerings

11.7.3.  Financial Performance

11.7.4.  Recent Initiatives

11.8.              Ernst & Young LLP

11.8.1.  Company Overview

11.8.2.  Product Offerings

11.8.3.  Financial Performance

11.8.4.  Recent Initiatives

11.9.              International Business Machines Corp.

11.9.1.  Company Overview

11.9.2.  Product Offerings

11.9.3.  Financial Performance

11.9.4.  Recent Initiatives

11.10.           Oracle Corp.

11.10.1.               Company Overview

11.10.2.               Product Offerings

11.10.3.               Financial Performance

11.10.4.               Recent Initiatives

Chapter 12.  Research Methodology

12.1.              Primary Research

12.2.              Secondary Research

12.3.              Assumptions

Chapter 13.  Appendix

13.1.              About Us

13.2.              Glossary of Terms

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