According to Cognitive Market Research, the global Office Software Market size was USD 25142.5 million in 2024. It will expand at a compound annual growth rate (CAGR) of 7.20% from 2024 to 2031.
North America held the major market share for more than 40% of the global revenue with a market size of USD 10057.00 million in 2024 and will grow at a compound annual growth rate (CAGR) of 5.4% from 2024 to 2031.
Europe accounted for a market share of over 30% of the global revenue with a market size of USD 7542.75 million.
Asia Pacific held a market share of around 23% of the global revenue with a market size of USD 5782.78 million in 2024 and will grow at a compound annual growth rate (CAGR) of 9.2% from 2024 to 2031.
Latin America had a market share of more than 5% of the global revenue with a market size of USD 1257.13million in 2024 and will grow at a compound annual growth rate (CAGR) of 6.6% from 2024 to 2031.
Middle East and Africa had a market share of around 2% of the global revenue and was estimated at a market size of USD 502.85 million in 2024 and will grow at a compound annual growth rate (CAGR) of 6.9% from 2024 to 2031.
The Collaboration Software category is the fastest growing segment of the Office Software industry
