Top Companies in Business Software and Services Market | Top Key Players Comprehensive Research Report by Vantage Market Research | Statistics, Growth rate, Market Outlook

Business software is software that is specifically intended for analyzing business data in order to determine an organization's strengths and limitations.

Top Companies in Business Software and Services Market | Top Key Players Comprehensive Research Report by Vantage Market Research | Statistics, Growth rate, Market Outlook
business software and services market


The Global Business Software and Services Market is valued at USD 425.6 Billion in the year 2021 and is forecasted to reach a value of USD 813.4 Billion by the year 2028. The Global Market is anticipated to grow to exhibit a Compound Annual Growth Rate (CAGR) of 11.4% over the forecast period. The worldwide Business Software Program and Services market is segmented primarily based on software programs, offerings, deployment models, sizes, and end-user. Based on the software program, the market is segmented into finance, human resource, income and marketing, and delivery chain. Based on service, the market is segmented into consultancy service, maintenance & operation service, and controlled service. Based on the deployment model, the market is segmented into on-premise and cloud. Based on the deployment model, cloud-primarily based on Business Software Program and Services solutions are predicted to maintain a good-sized percentage for the duration of the forecast period. The developing adoption of cloud-primarily based solutions is due to the key factor driving the growth of the cloud deployment model.

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Some of the key players operating in the Business Software and Services Market are listed below:

Company Name

Revenue in the US

  • Epicore Software

$836 Million

  • Infor

$3 Billion

  • Oracle Corporation

$41 Billion

  • Microsoft

$184 Billion

  • Acumatica

$94 Million

  • UNIT4

$721 Million

  • IBM Corporation

$57 Billion

  • NetSuite

$1 Billion

  • Totvs

$664 Million


$24 Million


  1. Epicor Software Corporation

Epicor Software Corporation is a developer of enterprise software products intended to promote business growth. The company's service-oriented architecture engages in managing internal business processes including enterprise resource planning, sales management, supply chain management, and human resource management, enabling clients to concentrate on critical aspects of their business by increasing efficiency, enhancing performance, and creating a competitive advantage. It was founded in 1972 and its headquarter is in Austin, United States.

  1. Infor Inc.

The company's software automates and integrates business processes leveraging data science, enabling companies in the healthcare, fashion, retail, distribution, and the public sector to easily manage inventory and logistics to manage their suppliers, partners, customers, and employees, helping them overcome market disruptions and achieve business-wide digital transformation. It was founded in 2002 and its headquarter is in Pennsylvania, United States. 

  1. Oracle Corporation

Oracle Corporation provides products and services that address enterprise information technology environments worldwide. Its Oracle cloud software as a service offering includes various cloud software applications, including Oracle Fusion cloud enterprise resource planning (ERP), Oracle Fusion cloud enterprise performance management, Oracle Fusion cloud supply chain and manufacturing management, Oracle Fusion cloud human capital management, Oracle Fusion cloud advertising, and customer experience, and NetSuite applications suite. The company also offers cloud-based industry solutions for various industries; Oracle Corporation was founded in 1977 and is headquartered in Austin, Texas.

  1. Microsoft Corporation

Microsoft Corporation develops, licenses, and supports software, services, devices, and solutions worldwide. Its Productivity and Business Processes segment offers Office, Exchange, SharePoint, Microsoft Teams, Office 365 Security and Compliance, and Skype for Business, as well as related Client Access Licenses (CAL); Skype,, One Drive, and LinkedIn; and Dynamics 365, a set of cloud-based and on-premises business solutions for organizations and enterprise divisions. Its Intelligent Cloud segment licenses SQL, Windows Servers, Visual Studio, System Center, and related CALs; Git Hub provides a collaboration platform and code hosting service for developers; and Azure, a cloud platform. It also offers support services and Microsoft consulting services to assist customers in developing, deploying, and managing Microsoft server and desktop solutions; and training and certification on Microsoft products. Microsoft Corporation was founded in 1975 and is based in Redmond, Washington.

  1. Acumatica Inc.

Acumatica Inc. provides the best business management solution for transforming your company to thrive in the new digital economy.  Through leading-edge technology, best-in-class business functionality, and customer-friendly business practices, Acumatica delivers unparalleled value to small and midmarket organizations. Integrated workflows span the full suite of business management applications, from Financials, Project Accounting, and Inventory Management to CRM. It was founded in 2008 and is based in Bethesda, Maryland, United States.

  1. Unit4

UNIT4 is a software company, based in Sliedrecht in the Netherlands, which provides enterprise software applications and related professional services, in order to support businesses and organizations of all sizes, globally. Formed in 1980, UNIT4 acquired Agresso in 2000, completed the merger of Agresso companies into the UNIT4 brand by 2005, and in 2008 acquired Coda Financial. Companies using the UNIT4 range of ERP software products include Destiny Resources, a Canadian drilling and mapping company, global furniture retailer Ikea and Illinois-based specialist haulage company Superior Bulk Logistics.

  1. International Business Machines Corporation

International Business Machines Corporation provides integrated solutions and services worldwide. The company operates through four business segments: Software, Consulting, Infrastructure, and Financing. The Software segment offers hybrid cloud platforms and software solutions, such as Red Hat, an enterprise open-source solution; software for business automation, AIOps and management, integration, and application servers; data and artificial intelligence solutions; and security software and services for threat, data, and identity. This segment also provides transaction processing software that supports clients' mission-critical and on-premise workloads in banking, airlines, and retail industries. International Business Machines Corporation was incorporated in 1911 and is headquartered in Armonk, New York.

  1. NetSuite Inc.

NetSuite's cloud-based business management software automates operations and streamlines processes in accounting, customer relationship management (CRM), e-commerce, enterprise resource planning (ERP), human capital management, analytics, and business intelligence. It also offers One World and NetSuite CRM+ designed for use by most types of businesses, while its Open Air supports entire services organization with real-time visibility. It was founded in 1998 and is based in California, United States.  

  1. Totvs SA

Totvs originated from a service bureau created in 1969 with the purpose of providing general services in the information technology area, and today, Totvs is one of the main groups that develop software applications. One of Totvs current partners - SIGA - developed a system that allowed centralized enterprise management, in which the main objective was the automation of administrative processes. The headquarters is in Casa Verde, Brazil.


SYSPRO is an enterprise resource planning (ERP) solution that is industry-built and provides last-mile capabilities for manufacturing and distribution businesses. SYSPRO provides the solutions, processes, and tools to assist in managing data for key business insights and informed decision-making. The solution is scalable and can be deployed in the cloud, on-premise, or hybrid, and accessed via the web or windows applications to provide customers with choice and flexibility. It was founded in 1978 and is based in Johannesburg, South Africa.

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