Market Snapshot:
Spreadsheet Software is an application of Organization, analysis and store of data in tabular form. The application can provide digital simulation of paper accounting worksheets. Each cell may contain either numeric or text data, or the results of formulas that automatically calculate and display a value based on the contents of other cells. The term spreadsheet may also refer to one such electronic document. Originally developed as an aid for accounting and bookkeeping tasks, spreadsheets are now widely used in other contexts where tabular lists can be used, modified and collaborated.
Highlights from Spreadsheet Software Market Study
Attributes | Details |
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Study Period | 2017-2027 |
Base Year | 2021 |
Unit | Value (USD Million) |
The key Players profiled in the report are Microsoft Excel (United States), Apple Numbers (United States), Google Sheets (United States), Quip (United States), EtherCalc (France), Zoho Sheets (India), LibreOffice (Germany), Apache OpenOffice Calc (United States), Smartsheet (United States), Airtable (United States), Stackby (United States) and SeaTable (Germany). Additionally, other players that are part of this comprehensive study are Minitab Statistical Software (United States), OfficeSuite (United States), WPS Spreadsheets (Malaysia) and Sheetgo (Spain.
Geographic Breakdown and Segment Analysis
The Global Spreadsheet Software market presents a comprehensive analysis of the Spreadsheet Software market by product type (Cloud based and On premise), by end-user/application (SMEs and Large Enterprises), and by geography (North America, South America, Europe, Asia-Pacific and MEA) along with country level break-up. This section of our report presents a realistic picture of the Global Spreadsheet Software industry. Investors and Players can easily understand the inherent opportunities and challenges for their products in the geographical region of interest.
For instance, while the holds majority of market share of the Spreadsheet Software market
Analyst at AMA have segmented the market study of Global Spreadsheet Software market by Type, Application and Region.
Spreadsheet Software Market Dynamics:
Attributes | Details |
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Growth Drivers | - Demand in the Use of Application among Various Departments across the Industries is Fueling the Growth
- Increasing Rise of Business Intelligence software
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Influencing Trends | - Increasing need to relate, fuse and analyze multiple datasets concurrently
- Introduction to New Mobility Techniques
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Restraints | - Hugely complex with a lack of standardization and traceability for Global Companies
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Gaps & Opportunities | - Growing Number of Small and Medium-sized Enterprises Across the Globe
- Increasing Opportunities and Insight within large Datasets are Becoming Increasingly Valuable even for Small Companies
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Market Developments Activities:
On 13th August 2021, Airtable announced their first acquisition. The company has agreed a deal to acquire Bayes, an early-stage visualization startup. The purpose of the acquisition is to enhance the data visualizations on the Airtable platform. The two companies have a shared vision about simplifying activities that once required engineering talent to pull off.
On 23rd Feb 2020, Five New Excel Features to Boost Productivity in 2020. Microsoft added many new features with the release of Excel 2019. Further, the tech giant continues to update the venerable spreadsheet application through updates to Office 365. Automate Data Analysis with Excel’s Ideas Feature. Simpler Conditional Formulas with IFS, MAXIFS, and MINIFS
The rising number of players expected to enter the global market is predicted to enhance the competition level as well as encourage the growth of the overall market in the near future. Players are anticipated to focus on the development of new compounds, which is likely to encourage the growth of the global market throughout the forecast period.
Key Target Audience
Spreadsheet Software Developer, Spreadsheet Software Supplier, Spreadsheet Software Customer, Research and Development Institutes and Others