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Software spending is expected to increase by 12.6%, reflecting its importance in digital transformation.
Generative AI (GenAI) is a major factor in this growth, with data computing needs.
Despite challenges, businesses are prioritizing AI and advanced technologies to remain competitive.
CRM software helps businesses manage customer relationships by analyzing interactions, improving customer service, and enhancing profitability.
AI adoption and digital transformation are fueling market growth.
It makes up 1.47% of operating expenses.
However, cloud-based ERP solutions are expected to see the fastest growth.
The market is anticipated to expand at a CAGR of 15.7% from 2024 to 2030.
The U.S. is expected to lead with US$7,888.00m in revenue in 2025.
The USA leads the market with $22.7 billion spent across nearly 1.97 million companies.
Business Intelligence Software Spend by Country
9.
In the United States, remote hiring trends vary significantly based on company size.
For hybrid hiring, large companies recorded a significant 9.9% YoY increase, reaching 24.9% of hires.
On the other hand, small businesses showed positive growth, with a 2.3% increase in remote roles.
However, large companies in Germany faced a 5% decline in remote hires.
The software market is segmented by throw in, deployment, enterprise size, and industry vertical.
Cloud-based solutions are anticipated to experience significant growth due to their cost-effectiveness and ability to support remote work.
