The market is segmented based on Segmentation, By Type (Cloud and On-Premise), Application (Financial Services, Healthcare, Industrial and Manufacturing, Public Sector and Utilities, Retail, Service Providers, Telecom, E-Commerce, Media and Entertainment, Education, and Others), Enterprise Type (SMEs and Large Enterprises), Products (Security Software, Business Intelligence & Analytics, Business Applications, Consumer-facing applications, and Others) – Industry Trends and Forecast to 2032
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The Global Independent Software Vendors Market size was valued at USD 1.52 USD Billion in 2024.
The Global Independent Software Vendors Market is projected to grow at a CAGR of 11.9% during the forecast period of 2025 to 2032.
The major players operating in the market include IBM, Google, VMwareInc., Cisco SystemsInc., Microsoft, Salesforce, ASG Africa, Allscripts Healthcare SolutionsInc., Oracle, Hewlett Packard Enterprise Development LP, Phoenix Software InternationalInc., ServiceNowInc., Virtusa corp., Red HatInc., Numerical Algorithms Group Ltd., Magic Software Enterprises, KELLTON TECH, Barnard SoftwareInc., Wipro Limited and Accenture .
The market report covers data from the U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
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