Alpha software: Rising consumer spending has boosted industry demand

The Software Publishing industry in Canada has exhibited strong growth over the five years to 2019 amid the introduction of new products, chiefly within the enterprise services and data analytics domains. Rising consumer spending has boosted demand from both businesses and consumers, although declines in corporate profit early in the period hindered growth slightly. Over the past five years, large software publishers eagerly bought smaller publishers and external competitors with specialties in growing software niches. Over the five years to 2024, anticipated growth in corporate profit and consumer spending will benefit demand and cause industry revenue to rise...read more.

Industry Statistics & Market Size
Revenue
$11bn
Annual Growth 14-19
7.7%
Forecast Growth 19-24
Profit
Employment
59,695
Businesses
2,318

Industry Threats & Opportunities

  • Technological advancements have boosted industry demand
  • Demand has been rising in all major markets, driving industry growth
  • Businesses and consumers will continue to embrace software offered via the cloud
  • Industry Report - Industry SWOT Analysis Chapter

    The Software Publishing industry in Canada is well into the growth phase of its life cycle, characterized by rapid revenue increases, a litany of strong enterprise formation and consistent technological advancements that create new products. Over the 10 years to 2024, industry value added (IVA), which measures an industry's overall contribution to the economy, is expected to increase at an annualized rate of 4.6%. Comparatively, GDP is forecast to grow an annualized 1.7% during the same period. The disparity between GDP and IVA forecasts suggests that the industry is in the growth phase of its life cycle, contributing an increasing portion of total GDP.Consumers have thoroughly embraced computers and the enhancements in entertainment and communications they bring. Mor...purchase to read more.

    Additional Insights for the Software Publishing Industry

    IBISWorld identifies 250 Key Success Factors for a business.The most important for the Software Publishing Industry are

  • Undertaking technical research and development
  • Protection of patents
  • Access to highly skilled workforce
  • IBISWorld analysts also discuss how external factors such as Private investment in computers and software and Corporate profit in the Software Publishing industry impact industry performance..

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    What's in this report

    What is the Software Publishing Industry?

    Software publishers disseminate licences to customers for the right to execute software on their own computers. Publishers market and distribute software products but may also design the software, produce support materials and provide support services.

    Industry Products
  • Operating systems and productivity software
  • Business analytics and enterprise software
  • Database, storage and backup software
  • Design, editing and rendering software
  • Video game software
  • Industry Activities
  • Developing and publishing operating systems and productivity software
  • Developing and publishing database, storage and backup software
  • Developing and publishing business analytics and enterprise software
  • Developing and publishing design, editing and rendering software
  • Developing and publishing video game software
  • Developing and publishing security software
  • Table of Contents

    Industry Definition
    Main Activities
    Similar Industries
    Additional Resources
    Industry Statistics Snapshot
    Industry Structure
    Executive Summary
    Executive Summary
    Key External Drivers
  • Private investment in computers and software
  • Corporate profit
  • Consumer spending
  • Demand from professional, scientific and technical services
  • Number of fixed broadband connections

  • Current Performance
  • Strong demand boosts revenue and profit
  • New markets, new challenges
  • Consolidation
  • Chart: Revenue Growth

  • Industry Outlook
  • Continued shifts in software trends
  • Subscription based business models
  • Converging competition
  • Industry landscape
  • Table: Software Publishing Industry Revenue Outlook

  • Industry Life Cycle
  • Life cycle reasons
  • Chart: Benchmarking - Software Publishing Industry Lifecycle vs The Economy

  • Supply Chains
    Key Buying Industries
  • Manufacturing In Canada
  • Retail Trade In Canada
  • Consumer Electronics Stores in Canada
  • Information In Canada
  • Finance and Insurance In Canada
  • Professional, Scientific and Technical Services In Canada
  • Healthcare and Social Assistance In Canada
  • Public Administration in Canada

  • Key Selling Industries
  • Computer Manufacturing in Canada
  • Computer Peripheral Manufacturing in Canada
  • Data Processing & Hosting Services in Canada

  • Products & Services
  • Operating systems and productivity software
  • Business analytics and enterprise software
  • Database, storage and backup software
  • Other
  • Video game software
  • Design, editing and rendering software
  • Chart: Software Publishing Industry Products and Services Segmentation

  • Demand Determinants
  • Business demand
  • Consumer demand

  • Major Markets
  • Manufacturing sector
  • Consumer industries
  • Services sector
  • Energy and natural resources
  • Public Sector
  • Households
  • Chart: Major Market Segmentation for the Software Publishing Industry

  • International Trade
    Business Locations
    Chart: Business Locations by State
    Market Share Concentration
    Key Success Factors
    Cost Structure Benchmarks
    ProfitWagesPurchasesOther costs
  • Chart: Cost Structure Benchmarking – Sector vs Software Publishing

  • Basis of Competition
  • Retail software
  • Enterprise software
  • Cloud technology
  • Data analytics

  • Barriers to Entry
  • Table: Barrier to Entry Checklist for the Software Publishing Industry

  • Industry Globalization
    Microsoft Corporation, IBM Canada Limited, SAP Canada Inc.,
  • Table: Microsoft Corporation - financial performance
  • Table: IBM Canada Limited - financial performance
  • Table: SAP Canada Inc. - financial performance

  • Capital Intensity
  • Chart: Level of Capital Intensity for the Software Publishing Industry
  • Chart: Tools of the Trade: Growth Strategies for Success

  • Technology & Systems
    Revenue Volatility
  • Chart: Volatility vs Industry Growth

  • Regulation & Policy
    Industry Assistance
    Table: Industry Data for the Software Publishing Industry
    Includes:
  • Industry Revenue (2010-2024)
  • Industry Gross Product (2010-2024)
  • Establishments (2010-2024)
  • Businesses (2010-2024)
  • Employment (2010-2024)
  • Wages (2010-2024)
  • Number of fixed broadband connections (2010-2024)

  • Table: Annual Percentage Change for Key Industry Data
    Table: Key Ratios for Industry Key Data
    Cloud Computing
  • Computing model in which storage and computing tasks are handled by networked machines rather than at the point of consumption.
  • Enterprise Software
  • A type of software, also known as enterprise application software (EAS), which is intended to solve an enterprise problem rather than a departmental problem.
  • Open-Source Software (Oss)
  • Computer software that is distributed under a licensing arrangement and permits the computer code to be shared, viewed and modified by other users and organizations.
  • Operating System (Os)
  • A software package that controls the management of a computer's hardware and core system operations such as file management.
  • Software As A Service (Saas)
  • A model of software deployment where a provider licenses an application to customers for use as a service on demand.
  • What Our Customers Say

    Why buy this report?

    IBISWorld’s Software Publishing market research report is a comprehensive guide to market size and growth prospects. Our industry reports offer strategic industry analysis of the factors influencing companies, including new product developments, economic, lifestyle and demographic influences, distribution and supply chain factors and pricing issues. Full analysis accompanies our data forecasts to illustrate how the market responds to emerging industry trends.

    IBISWorld industry market research reports enable you to:
    • Find out about key industry trends
    • Identify threats and opportunities
    • Inform your decisions for marketing, strategy and planning
    • Quickly build competitive intelligence
    This report on Software Publishing:
    • Provides Market Size information to assist with planning and strategic decisions.
    • Includes the necessary information to perform SWOT, PEST and STEER analysis.
    • Helps you understand market dynamics to give you a deeper understanding of industry competition and the supply chain.
    • Analyses key performance and operational metrics so that you can benchmark against your own business, that of your customers’ businesses, or your competitors’ businesses.
    The Software Publishing market research report includes:
    • Historical data and analysis for the key drivers of this industry
    • A five-year forecast of the market and noted trends
    • Detailed research and segmentation for the main products and markets
    • An assessment of the competitive landscape and market shares for major companies
    • And of course, much more

    IBISWorld reports on thousands of industries around the world. Our clients rely on our information and data to stay up-to-date on industry trends across all industries. With this IBISWorld Industry Research Report on Software Publishing, you can expect thoroughly researched, reliable and current information that will help you to make faster, better business decisions.

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