The software industry is really only a small part of the overall computer programming activity that takes place, as it relates to software traded between software producers and software consumers. Many software programs created in-house for very specific uses are never sold outside of the company.What is the size of the software market?
In less than a century the software market has grown from non-existent, into a multi-billion dollar industry. According to Statista's IT Market Model Survey, revenue of the global software market amounted to 456 billion U.S. dollars in 2018.What are the different types of business software?
The software industry can be separated into four main categories: programming services, system services, open source and SaaS. The following describes the categories of business software used in the industry.What can I do to increase my software sales?
For example, moving to or adding services revenue or subscription licensing can drive increased software sales. Check out our article on software business model planning.