Dublin, April 05, 2022 (GLOBE NEWSWIRE) — G Suite Enterprise Software Market Forecast to 2028 – Impact of COVID-19 and Global Analysis by Type (Administrative Software, ERP Software, Financial Software, HR and others) and end The “User (individual and company)” report has been added to from ResearchAndMarkets.com offer.
The global G suite enterprise software market is expected to grow from US$2,224.76 million in 2021 to US$3,903.72 million by 2028; it is estimated to grow at a CAGR of 8.4% over the period 2021-2028.
G suite provides professional services with productivity tools to stay connected and organized to meet customer needs. G suite enterprise software helps service professionals protect sensitive customer information using Google Drive, Google+ and Google sites while sharing data, and data security on mobile devices can be ensured through the management and encryption of mobile devices. Additionally, Google Docs and Google Slides allow professionals to collaborate remotely with partners and clients.
Adding professional third-party G suite software and tools allows the team to work quickly, avoiding the hassle of version control or locking changes. For example, Calendly enterprise software provides custom integration with Google Calendar. The integration provides additional functionality to suite and assists appointment-based and scheduling processes in professional services businesses. Businesses can easily collect ideas and opinions from employees and customers using Google Forms online.
For example, Hypatia Create by Hypatia Systems Inc. provides an easy way to create math equations in Google Docs, Slides, and Forms. Likewise, Autoprocter’s Timer + Proctor tool is a handy tool for various modes of e-learning and online classrooms. Thus, the implementation of the G suite business software by many professional service providers is boosting its demand.
Impact of the COVID-19 Pandemic on the G Suite Enterprise Software Market
The COVID-19 pandemic has affected many businesses around the world. The continued growth in the number of patients infected with the virus has forced governments to ban the transport of people and goods by announcing travel bans, mass closures and business closures. The imposition of lockdown has led to a decline in the production of raw materials, goods and services. Manufacturing, automotive, semiconductors and electronics, oil and gas, mining, aviation and other sectors saw a decline in business due to the temporary cessation of activities.
The COVID-19 pandemic has created uncertainty, stress and emotional disruption around the world. Businesses and organizations have struggled to provide their stakeholders with the appropriate resources to weather the crisis. Therefore, in an emergency, effective communication is essential. Unprecedented growth has been seen in the use of Google Meet, a video conferencing product, as businesses have relied on connecting a home-based workforce to maintain productivity. Meet’s daily growth exceeded 60% in March 2021, and its daily usage is now more than 25 times what it was in January 2020. Despite this growth, demand has remained well below network capabilities. Google LLC has made the advanced features of Google Meet free to all G Suite users worldwide because they realize how important keeping co-workers connected and engaged is for business continuity.
Many people are looking forward to improving their skills and gaining knowledge from home as they transition to a remote employment and learning environment in response to the COVID-19 pandemic. To help you, Google Cloud learning tools, such as an extensive catalog of training courses, Qwiklabs hands-on labs, and interactive Cloud OnAir webinars, are available for free. Anyone can gain cloud experience through hands-on labs and learn how to prototype an app, build prediction models, and more remotely. Teams can also improve their skills by taking Pluralsight and Coursera on-demand courses.
Based on type, the G Suite enterprise software market is segmented into administration software, ERP software, financial software, HR software and others. In 2020, the ERP software segment led the G Suite enterprise software market, accounting for the largest G Suite enterprise software market share. Based on the end user, the G Suite enterprise software market is divided into individuals and enterprises. In 2020, enterprise segment accounted for larger share of G Suite enterprise software market. Geographically, the G Suite enterprise software market is broadly segmented into North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA), and South America (SAM). In 2020, North America accounted for the largest share of the global G Suite enterprise software market.
Major companies operating in the G suite enterprise software market include GROOVE; MAILTRACK.IO; Calendment; NetHunt Inc.; Mixmax; Salesforce.com, inc. ; Reward, Inc; Zendesk; Expensify, Inc.; and Freshworks Inc.
Reasons to buy
- Save time and effort conducting entry-level research by identifying the growth, size, leading players and segments in the global G Suite Enterprise Software Market.
- Highlights key business priorities to help companies realign their business strategies
- The key findings and recommendations highlight crucial progressive industry trends in the Global G Suite Enterprise Software Market, thereby allowing players across the value chain to develop effective long term strategies.
- Develop/modify business expansion plans using substantial growth offering in both developed and emerging markets
- Dive deep into the global market trends and outlook associated with the factors driving the market, as well as those hindering it
- Improve the decision-making process by understanding the strategies that drive business interest with respect to customer products, segmentation, pricing and distribution
Main topics covered:
2. Main Takeaways
3. Research methodology
4. G Suite Enterprise Software Market Landscape
4.1 Market Overview
4.2 PEST analysis
4.2.1 Pest Analysis in North America
4.2.2 Europe – PEST analysis
4.2.3 Asia Pacific PEST Analysis
4.2.4 PEST Analysis in Middle East and Africa
4.2.5 South America PEST Analysis
4.3 Ecosystem analysis
4.4 Expert advice
5. G Suite Enterprise Software Market – Key Market Dynamics
5.1 Market Drivers
5.1.1 Application of Third-Party Services in G-Suite Enterprise Software
5.1.2 Implemented by many professional service providers
5.2 Market Constraints
5.2.1 Availability of economic alternatives
5.3 Market Opportunities
5.3.1 Remote Work Adoption in Tech Companies
5.3.2 Growing Number of Tech Startups Worldwide
5.4 Future trends
5.4.1 Immersive experience for users and addition of features
5.5 Impact analysis of drivers and constraints
6. G Suite Enterprise Software Market – Global Market Analysis
6.1 Global G Suite Enterprise Software Market Overview
6.2 Global G Suite Enterprise Software Market Forecast and Analysis
6.3 Market Positioning – Top Five Players
7. G Suite Enterprise Software Market Analysis – By Type
7.2 G Suite Enterprise Software, by Type (2020 and 2028)
7.3 Management software
7.3.2 Administration Software: G Suite Enterprise Software Market – Revenue and Forecast to 2028 (USD Million)
7.4 ERP software
7.4.2 ERP Software: G Suite Enterprise Software Market – Revenue and Forecast to 2028 (USD Million)
7.5 Financial software
7.5.2 Financial Software: G Suite Enterprise Software Market – Revenue and Forecast to 2028 (USD Million)
7.6 HR Software
7.6.2 HR Software: G Suite Enterprise Software Market – Revenue and Forecast to 2028 (USD Million)
7.7.2 Other: G Suite Enterprise Software Market – Revenue and Forecast to 2028 (USD Million)
8. G Suite Enterprise Software Market – By End User
8.2 G Suite Business Software, by End User (2020 & 2028)
8.3.2 Individual: G Suite Enterprise Software Market – Revenue and Forecast to 2028 (Million US$)
8.4.2 Business: G Suite Enterprise Software Market – Revenue and Forecast to 2028 (Million US$)
9. G Suite Enterprise Software Market – Geographical Analysis
10. G Suite Enterprise Software Market – COVID-19 Impact Analysis
10.1 North America
10.3 Asia Pacific (APAC)
10.4 Middle East and Africa (MEA)
10.5 South America (SAM)
11. Industry Landscape
11.2 Market initiative
12. Company Profiles
12.1.1 Key Facts
12.1.2 Description of the activity
12.1.3 Products and services
12.1.4 Financial overview
12.1.5 SWOT Analysis
12.1.6 Key Developments
12.2.1 Key Facts
12.2.2 Description of the activity
12.2.3 Products and services
12.2.4 Financial overview
12.2.5 SWOT Analysis
12.2.6 Main developments
12.3.1 Key Facts
12.3.2 Description of the activity
12.3.3 Products and services
12.3.4 Financial overview
12.3.5 SWOT Analysis
12.3.6 Key Developments
12.4 NetHunt Inc.
12.4.1 Key Facts
12.4.2 Description of activity
12.4.3 Products and services
12.4.4 Financial Overview
12.4.5 SWOT Analysis
12.4.6 Key Developments
12.5.1 Key Facts
12.5.2 Description of activity
12.5.3 Products and services
12.5.4 Financial overview
12.5.5 SWOT Analysis
12.5.6 Key Developments
12.6 Salesforce.com, Inc.
12.6.1 Key Facts
12.6.2 Description of activity
12.6.3 Products and services
12.6.4 Financial overview
12.6.5 SWOT Analysis
12.6.6 Key Developments
12.7 Reward, Inc.
12.7.1 Key Facts
12.7.2 Description of activity
12.7.3 Products and services
12.7.4 Financial Overview
12.7.5 SWOT Analysis
12.7.6 Key Developments
12.8.1 Key Facts
12.8.2 Description of activity
12.8.3 Products and services
12.8.4 Financial overview
12.8.5 SWOT Analysis
12.8.6 Key Developments
12.9 Expensify, Inc.
12.9.1 Key Facts
12.9.2 Description of activity
12.9.3 Products and services
12.9.4 Financial Overview
12.9.5 SWOT Analysis
12.9.6 Major Developments
12.10 Freshworks Inc.
12.10.1 Key Facts
12.10.2 Description of activity
12.10.3 Products and services
12.10.4 Financial overview
12.10.5 SWOT Analysis
12.10.6 Key Developments
For more information on this report, visit https://www.researchandmarkets.com/r/l6ms97
Global G Suite Enterprise Software Market