Artificial Intelligence
Global Cloud Based Office Productivity Software Market to Reach $50.7 Billion by 2026
New York, May 30, 2022 (GLOBE NEWSWIRE) — Reportlinker.com announces the release of the report “Global Cloud Based Office Productivity Software Industry” – https://www.reportlinker.com/p05961448/?utm_source=GNW
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Global Cloud Based Office Productivity Software Market to Reach $50.7 Billion by 2026
Cloud-based office productivity software tools allow users to lease user access through a web service rather than purchasing and installing the software onto their computers. These software solutions provide remote storage, computing, access and use, thus eliminating the need for users to download the same onto their client desktops. In recent years, there has been a significant increase in the adoption and subscription of cloud-based office productivity software, which is driving growth in the market. The cloud based office productivity software is growing in prominence due to the large number of applications that can be used by end-users including word processors, graphics software, spreadsheets and database management systems. In addition, progressions in information investigation and business knowledge have been fueling the market growth. COVID-19 has accelerated demand for cloud-based offerings due to the drastic and sudden shift to remote working. Cloud computing infrastructure and software helped to keep businesses online, communicating and functioning with very little disruption. Even after the pandemic, the migration to cloud office suites is expected to continue, with growing realization among organizations that the flexibility and resilience offered by cloud collaboration platforms are greater than the advantage of control provided by on-premise software implementations.
Amid the COVID-19 crisis, the global market for Cloud Based Office Productivity Software estimated at US$12.6 Billion in the year 2020, is projected to reach a revised size of US$50.7 Billion by 2026, growing at a CAGR of 25.5% over the analysis period. BFSI, one of the segments analyzed in the report, is projected to record a 27.4% CAGR and reach US$16.9 Billion by the end of the analysis period. After a thorough analysis of the business implications of the pandemic and its induced economic crisis, growth in the IT & Telecom segment is readjusted to a revised 28.2% CAGR for the next 7-year period.
The U.S. Market is Estimated at $4.8 Billion in 2021, While China is Forecast to Reach $10.9 Billion by 2026
The Cloud Based Office Productivity Software market in the U.S. is estimated at US$4.8 Billion in the year 2021. China, the world`s second largest economy, is forecast to reach a projected market size of US$10.9 Billion by the year 2026 trailing a CAGR of 31.3% over the analysis period. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 20.2% and 23.2% respectively over the analysis period. Within Europe, Germany is forecast to grow at approximately 22.1% CAGR. The high adoption of cloud services and cloud based subscriptions in US and Europe is fueling growth in the market. Fast paced economic growth of large economies like China and India, rapid industrialization, increasing shift of manufacturing and corporate activity from developed markets to the region and subsequent boom in the region`s enterprise segment continue to drive demand for cloud based office productivity software tools in Asia-Pacific region.
Retail Segment to Reach $7.5 Billion by 2026
In the global Retail segment, USA, Canada, Japan, China and Europe will drive the 24.3% CAGR estimated for this segment. These regional markets accounting for a combined market size of US$1.5 Billion in the year 2020 will reach a projected size of US$6.8 Billion by the close of the analysis period. China will remain among the fastest growing in this cluster of regional markets. Led by countries such as Australia, India, and South Korea, the market in Asia-Pacific is forecast to reach US$1.2 Billion by the year 2026, while Latin America will expand at a 27.5% CAGR through the analysis period.
Select Competitors (Total 46 Featured) –
- Adobe Systems Incorporated
- Amazon.com, Inc.
- Apple, Inc.
- Google Inc.
- Hancom, Inc.
- HP Development Company
- HyperOffice
- IBM Corporation
- Infraware
- Microsoft Corporation
- VMware Inc.
- Zoho Corporation Pvt. Ltd.
Read the full report: https://www.reportlinker.com/p05961448/?utm_source=GNW
I. METHODOLOGY
II. EXECUTIVE SUMMARY
1. MARKET OVERVIEW
Influencer Market Insights
Impact of COVID-19 Pandemic and a Looming Global Recession
COVID-19 Accelerates Demand for Cloud-based Technologies and
Offerings
Global Cloud Technologies Market Reset & Trajectory: Growth
Outlook (In %) For Years 2019 Through 2025
Enterprise Mobility Initiatives Gather Momentum Amidst the
Pandemic
WFM (Work from Home) Employees as a % of the Total Workforce
Cloud Based Office Productivity Software – Global Key
Competitors Percentage Market Share in 2022 (E)
An Introduction to Cloud-Based Office Productivity Software
Key Components of Cloud Office Productivity Software
Global Market Prospects & Outlook
Developed Regions Lead, Developing Economies to Drive Future
Growth
Office Suites Become Critical for Efficient Organizational
Functioning
Competition
Global Office Productivity Software Market: Percentage
Breakdown by Leading Software Tools for 2020E
Office Productivity Software Market in the US and Japan:
Percentage Breakdown by Leading Software for 2020E
A Glance at Few Leading Cloud Based Productivity Software
Microsoft Office 365: The Leading Cloud-based Office
Productivity Tool
Google’s G Suite: The Key Competitor to Microsoft Office 365
Recent Market Activity
Competitive Market Presence – Strong/Active/Niche/Trivial for
Players Worldwide in 2022 (E)
2. FOCUS ON SELECT PLAYERS
3. MARKET TRENDS & DRIVERS
Myriad Benefits of Cloud-based Office Productivity Software to
Propel Adoption
How Are Cloud-Based Productivity Tools Transforming the Digital
Workspace?
Cloud Based Productivity Software for Increased Workplace
Efficiency
Moving Beyond Personal Productivity to Team Productivity: True
Benefit of Cloud-Based Office Productivity Software Driving
Adoption Rates
Connected Enterprises Remain the Cornerstone for Growth in the
Market
Global Connected Enterprise Market (In US$ Billion) for the
Years 2020, 2022 and 2024
Changing Demands of Modern Mobile Workforce Provides a Fertile
Environment for the Growth of Cloud Based Office Productivity
Solutions
Global Workforce Population: Percentage Share Breakdown of
Employees by Nature of Work for 2009, 2017 & 2024
Key Benefits Encouraging Mobility Trend among Enterprises
Ranked by Importance Attached by Enterprises
Global BYOD & Enterprise Mobility Market (in US$ Million) by
Region for the Years 2020 and 2027
Cloud-Based Office Productivity Software Enables Enterprise
Mobility
With Enterprises Moving to the Cloud Amid the Pandemic, Cloud-
Based Office Productivity Software Market Poised to Benefit:
Global Public Cloud Services Market (In US$ Billion) for the
Years 2019, 2020 & 2021
With COVID-19 Accelerating WFM Trend, Demand Rises for Cloud-
based Office Productivity Tools
Adoption of Cloud-Based Office Productivity Software Among SMBs
Emerges as a Powerful Driver of Growth
Adoption of Cloud-Based Office Productivity Software Gathers
Steam in Large Enterprises
Rising Internet, Smartphone Penetration and Expanding Bandwidth
Provide Foundation for Market Growth
Global Smartphone Shipments in Million Units: 2016-2021
5G Smartphone Sales in Million Units for 2019 through 2022
Rise of BYOD Strengthens the Business Case for Cloud Based
Office Productivity Software
Key Factors Encouraging BYOD/COPE/COBO Trend among Enterprises
Ranked by Importance Attached by Enterprises
Virtual Desktops: A Powerful Productivity Enhancing Business
Application for BYOD Employees
Artificial Intelligence Finds Growing Role in Office Suites
Microsoft Introduces AI into Office Suite
Zoho Offers AI-Based Office Suite
Pandemic Drives Focus onto Optimization of Cloud Productivity
Software Licensing
Hybrid Strategies Turbocharge Adoption Among a Wider Base of
Enterprises
Cloud-Based Email: A Widely Used Office Productivity App
Email Client Usage Shifts in Favor of Cloud and Mobile
Environments: Global Percentage Breakdown of Email Clients in
Use by Type for the Year 2019
Popular Email Clients Worldwide: Breakdown by Usage for the
Year 2019
Customization of Cloud Productivity Apps to Boost Growth
Cloud Productivity Applications Bring to Light the Need for
Enhanced Data Protection
Key Challenges Facing Cloud-Based Office Productivity Software
Market
4. GLOBAL MARKET PERSPECTIVE
Table 1: World Recent Past, Current & Future Analysis for Cloud
Based Office Productivity Software by Geographic Region – USA,
Canada, Japan, China, Europe, Asia-Pacific, Latin America,
Middle East and Africa Markets – Independent Analysis of Annual
Sales in US$ Thousand for Years 2020 through 2027 and % CAGR
Table 2: World Historic Review for Cloud Based Office
Productivity Software by Geographic Region – USA, Canada,
Japan, China, Europe, Asia-Pacific, Latin America, Middle East
and Africa Markets – Independent Analysis of Annual Sales in
US$ Thousand for Years 2015 through 2019 and % CAGR
Table 3: World 12-Year Perspective for Cloud Based Office
Productivity Software by Geographic Region – Percentage
Breakdown of Value Sales for USA, Canada, Japan, China, Europe,
Asia-Pacific, Latin America, Middle East and Africa Markets for
Years 2015, 2021 & 2027
Table 4: World Recent Past, Current & Future Analysis for BFSI
by Geographic Region – USA, Canada, Japan, China, Europe,
Asia-Pacific, Latin America, Middle East and Africa Markets –
Independent Analysis of Annual Sales in US$ Thousand for Years
2020 through 2027 and % CAGR
Table 5: World Historic Review for BFSI by Geographic Region –
USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America,
Middle East and Africa Markets – Independent Analysis of Annual
Sales in US$ Thousand for Years 2015 through 2019 and % CAGR
Table 6: World 12-Year Perspective for BFSI by Geographic
Region – Percentage Breakdown of Value Sales for USA, Canada,
Japan, China, Europe, Asia-Pacific, Latin America, Middle East
and Africa for Years 2015, 2021 & 2027
Table 7: World Recent Past, Current & Future Analysis for IT &
Telecom by Geographic Region – USA, Canada, Japan, China,
Europe, Asia-Pacific, Latin America, Middle East and Africa
Markets – Independent Analysis of Annual Sales in US$ Thousand
for Years 2020 through 2027 and % CAGR
Table 8: World Historic Review for IT & Telecom by Geographic
Region – USA, Canada, Japan, China, Europe, Asia-Pacific, Latin
America, Middle East and Africa Markets – Independent Analysis
of Annual Sales in US$ Thousand for Years 2015 through 2019 and
% CAGR
Table 9: World 12-Year Perspective for IT & Telecom by
Geographic Region – Percentage Breakdown of Value Sales for
USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America,
Middle East and Africa for Years 2015, 2021 & 2027
Table 10: World Recent Past, Current & Future Analysis for
Retail by Geographic Region – USA, Canada, Japan, China,
Europe, Asia-Pacific, Latin America, Middle East and Africa
Markets – Independent Analysis of Annual Sales in US$ Thousand
for Years 2020 through 2027 and % CAGR
Table 11: World Historic Review for Retail by Geographic Region –
USA, Canada, Japan, China, Europe, Asia-Pacific, Latin
America, Middle East and Africa Markets – Independent Analysis
of Annual Sales in US$ Thousand for Years 2015 through 2019 and
% CAGR
Table 12: World 12-Year Perspective for Retail by Geographic
Region – Percentage Breakdown of Value Sales for USA, Canada,
Japan, China, Europe, Asia-Pacific, Latin America, Middle East
and Africa for Years 2015, 2021 & 2027
Table 13: World Recent Past, Current & Future Analysis for
Manufacturing by Geographic Region – USA, Canada, Japan, China,
Europe, Asia-Pacific, Latin America, Middle East and Africa
Markets – Independent Analysis of Annual Sales in US$ Thousand
for Years 2020 through 2027 and % CAGR
Table 14: World Historic Review for Manufacturing by Geographic
Region – USA, Canada, Japan, China, Europe, Asia-Pacific, Latin
America, Middle East and Africa Markets – Independent Analysis
of Annual Sales in US$ Thousand for Years 2015 through 2019 and
% CAGR
Table 15: World 12-Year Perspective for Manufacturing by
Geographic Region – Percentage Breakdown of Value Sales for
USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America,
Middle East and Africa for Years 2015, 2021 & 2027
Table 16: World Recent Past, Current & Future Analysis for
Transportation by Geographic Region – USA, Canada, Japan,
China, Europe, Asia-Pacific, Latin America, Middle East and
Africa Markets – Independent Analysis of Annual Sales in US$
Thousand for Years 2020 through 2027 and % CAGR
Table 17: World Historic Review for Transportation by
Geographic Region – USA, Canada, Japan, China, Europe,
Asia-Pacific, Latin America, Middle East and Africa Markets –
Independent Analysis of Annual Sales in US$ Thousand for Years
2015 through 2019 and % CAGR
Table 18: World 12-Year Perspective for Transportation by
Geographic Region – Percentage Breakdown of Value Sales for
USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America,
Middle East and Africa for Years 2015, 2021 & 2027
Table 19: World Recent Past, Current & Future Analysis for
Media & Entertainment by Geographic Region – USA, Canada,
Japan, China, Europe, Asia-Pacific, Latin America, Middle East
and Africa Markets – Independent Analysis of Annual Sales in
US$ Thousand for Years 2020 through 2027 and % CAGR
Table 20: World Historic Review for Media & Entertainment by
Geographic Region – USA, Canada, Japan, China, Europe,
Asia-Pacific, Latin America, Middle East and Africa Markets –
Independent Analysis of Annual Sales in US$ Thousand for Years
2015 through 2019 and % CAGR
Table 21: World 12-Year Perspective for Media & Entertainment
by Geographic Region – Percentage Breakdown of Value Sales for
USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America,
Middle East and Africa for Years 2015, 2021 & 2027
Table 22: World Recent Past, Current & Future Analysis for
Other Applications by Geographic Region – USA, Canada, Japan,
China, Europe, Asia-Pacific, Latin America, Middle East and
Africa Markets – Independent Analysis of Annual Sales in US$
Thousand for Years 2020 through 2027 and % CAGR
Table 23: World Historic Review for Other Applications by
Geographic Region – USA, Canada, Japan, China, Europe,
Asia-Pacific, Latin America, Middle East and Africa Markets –
Independent Analysis of Annual Sales in US$ Thousand for Years
2015 through 2019 and % CAGR
Table 24: World 12-Year Perspective for Other Applications by
Geographic Region – Percentage Breakdown of Value Sales for
USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America,
Middle East and Africa for Years 2015, 2021 & 2027
III. MARKET ANALYSIS
UNITED STATES
Cloud Based Office Productivity Software Market Presence –
Strong/Active/Niche/Trivial – Key Competitors in the United
States for 2022 (E)
Table 25: USA Recent Past, Current & Future Analysis for Cloud
Based Office Productivity Software by Application – BFSI, IT &
Telecom, Retail, Manufacturing, Transportation, Media &
Entertainment and Other Applications – Independent Analysis of
Annual Sales in US$ Thousand for the Years 2020 through 2027
and % CAGR
Table 26: USA Historic Review for Cloud Based Office
Productivity Software by Application – BFSI, IT & Telecom,
Retail, Manufacturing, Transportation, Media & Entertainment
and Other Applications Markets – Independent Analysis of Annual
Sales in US$ Thousand for Years 2015 through 2019 and % CAGR
Table 27: USA 12-Year Perspective for Cloud Based Office
Productivity Software by Application – Percentage Breakdown of
Value Sales for BFSI, IT & Telecom, Retail, Manufacturing,
Transportation, Media & Entertainment and Other Applications
for the Years 2015, 2021 & 2027
CANADA
Table 28: Canada Recent Past, Current & Future Analysis for
Cloud Based Office Productivity Software by Application – BFSI,
IT & Telecom, Retail, Manufacturing, Transportation, Media &
Entertainment and Other Applications – Independent Analysis of
Annual Sales in US$ Thousand for the Years 2020 through 2027
and % CAGR
Table 29: Canada Historic Review for Cloud Based Office
Productivity Software by Application – BFSI, IT & Telecom,
Retail, Manufacturing, Transportation, Media & Entertainment
and Other Applications Markets – Independent Analysis of Annual
Sales in US$ Thousand for Years 2015 through 2019 and % CAGR
Table 30: Canada 12-Year Perspective for Cloud Based Office
Productivity Software by Application – Percentage Breakdown of
Value Sales for BFSI, IT & Telecom, Retail, Manufacturing,
Transportation, Media & Entertainment and Other Applications
for the Years 2015, 2021 & 2027
JAPAN
Cloud Based Office Productivity Software Market Presence –
Strong/Active/Niche/Trivial – Key Competitors in Japan for
2022 (E)
Table 31: Japan Recent Past, Current & Future Analysis for
Cloud Based Office Productivity Software by Application – BFSI,
IT & Telecom, Retail, Manufacturing, Transportation, Media &
Entertainment and Other Applications – Independent Analysis of
Annual Sales in US$ Thousand for the Years 2020 through 2027
and % CAGR
Table 32: Japan Historic Review for Cloud Based Office
Productivity Software by Application – BFSI, IT & Telecom,
Retail, Manufacturing, Transportation, Media & Entertainment
and Other Applications Markets – Independent Analysis of Annual
Sales in US$ Thousand for Years 2015 through 2019 and % CAGR
Table 33: Japan 12-Year Perspective for Cloud Based Office
Productivity Software by Application – Percentage Breakdown of
Value Sales for BFSI, IT & Telecom, Retail, Manufacturing,
Transportation, Media & Entertainment and Other Applications
for the Years 2015, 2021 & 2027
CHINA
Cloud Based Office Productivity Software Market Presence –
Strong/Active/Niche/Trivial – Key Competitors in China for
2022 (E)
Table 34: China Recent Past, Current & Future Analysis for
Cloud Based Office Productivity Software by Application – BFSI,
IT & Telecom, Retail, Manufacturing, Transportation, Media &
Entertainment and Other Applications – Independent Analysis of
Annual Sales in US$ Thousand for the Years 2020 through 2027
and % CAGR
Table 35: China Historic Review for Cloud Based Office
Productivity Software by Application – BFSI, IT & Telecom,
Retail, Manufacturing, Transportation, Media & Entertainment
and Other Applications Markets – Independent Analysis of Annual
Sales in US$ Thousand for Years 2015 through 2019 and % CAGR
Table 36: China 12-Year Perspective for Cloud Based Office
Productivity Software by Application – Percentage Breakdown of
Value Sales for BFSI, IT & Telecom, Retail, Manufacturing,
Transportation, Media & Entertainment and Other Applications
for the Years 2015, 2021 & 2027
EUROPE
Cloud Based Office Productivity Software Market Presence –
Strong/Active/Niche/Trivial – Key Competitors in Europe for
2022 (E)
Table 37: Europe Recent Past, Current & Future Analysis for
Cloud Based Office Productivity Software by Geographic Region –
France, Germany, Italy, UK, Spain, Russia and Rest of Europe
Markets – Independent Analysis of Annual Sales in US$ Thousand
for Years 2020 through 2027 and % CAGR
Table 38: Europe Historic Review for Cloud Based Office
Productivity Software by Geographic Region – France, Germany,
Italy, UK, Spain, Russia and Rest of Europe Markets –
Independent Analysis of Annual Sales in US$ Thousand for Years
2015 through 2019 and % CAGR
Table 39: Europe 12-Year Perspective for Cloud Based Office
Productivity Software by Geographic Region – Percentage
Breakdown of Value Sales for France, Germany, Italy, UK, Spain,
Russia and Rest of Europe Markets for Years 2015, 2021 & 2027
Table 40: Europe Recent Past, Current & Future Analysis for
Cloud Based Office Productivity Software by Application – BFSI,
IT & Telecom, Retail, Manufacturing, Transportation, Media &
Entertainment and Other Applications – Independent Analysis of
Annual Sales in US$ Thousand for the Years 2020 through 2027
and % CAGR
Table 41: Europe Historic Review for Cloud Based Office
Productivity Software by Application – BFSI, IT & Telecom,
Retail, Manufacturing, Transportation, Media & Entertainment
and Other Applications Markets – Independent Analysis of Annual
Sales in US$ Thousand for Years 2015 through 2019 and % CAGR
Table 42: Europe 12-Year Perspective for Cloud Based Office
Productivity Software by Application – Percentage Breakdown of
Value Sales for BFSI, IT & Telecom, Retail, Manufacturing,
Transportation, Media & Entertainment and Other Applications
for the Years 2015, 2021 & 2027
FRANCE
Cloud Based Office Productivity Software Market Presence –
Strong/Active/Niche/Trivial – Key Competitors in France for
2022 (E)
Table 43: France Recent Past, Current & Future Analysis for
Cloud Based Office Productivity Software by Application – BFSI,
IT & Telecom, Retail, Manufacturing, Transportation, Media &
Entertainment and Other Applications – Independent Analysis of
Annual Sales in US$ Thousand for the Years 2020 through 2027
and % CAGR
Table 44: France Historic Review for Cloud Based Office
Productivity Software by Application – BFSI, IT & Telecom,
Retail, Manufacturing, Transportation, Media & Entertainment
and Other Applications Markets – Independent Analysis of Annual
Sales in US$ Thousand for Years 2015 through 2019 and % CAGR
Table 45: France 12-Year Perspective for Cloud Based Office
Productivity Software by Application – Percentage Breakdown of
Value Sales for BFSI, IT & Telecom, Retail, Manufacturing,
Transportation, Media & Entertainment and Other Applications
for the Years 2015, 2021 & 2027
GERMANY
Cloud Based Office Productivity Software Market Presence –
Strong/Active/Niche/Trivial – Key Competitors in Germany for
2022 (E)
Table 46: Germany Recent Past, Current & Future Analysis for
Cloud Based Office Productivity Software by Application – BFSI,
IT & Telecom, Retail, Manufacturing, Transportation, Media &
Entertainment and Other Applications – Independent Analysis of
Annual Sales in US$ Thousand for the Years 2020 through 2027
and % CAGR
Table 47: Germany Historic Review for Cloud Based Office
Productivity Software by Application – BFSI, IT & Telecom,
Retail, Manufacturing, Transportation, Media & Entertainment
and Other Applications Markets – Independent Analysis of Annual
Sales in US$ Thousand for Years 2015 through 2019 and % CAGR
Table 48: Germany 12-Year Perspective for Cloud Based Office
Productivity Software by Application – Percentage Breakdown of
Value Sales for BFSI, IT & Telecom, Retail, Manufacturing,
Transportation, Media & Entertainment and Other Applications
for the Years 2015, 2021 & 2027
ITALY
Table 49: Italy Recent Past, Current & Future Analysis for
Cloud Based Office Productivity Software by Application – BFSI,
IT & Telecom, Retail, Manufacturing, Transportation, Media &
Entertainment and Other Applications – Independent Analysis of
Annual Sales in US$ Thousand for the Years 2020 through 2027
and % CAGR
Table 50: Italy Historic Review for Cloud Based Office
Productivity Software by Application – BFSI, IT & Telecom,
Retail, Manufacturing, Transportation, Media & Entertainment
and Other Applications Markets – Independent Analysis of Annual
Sales in US$ Thousand for Years 2015 through 2019 and % CAGR
Table 51: Italy 12-Year Perspective for Cloud Based Office
Productivity Software by Application – Percentage Breakdown of
Value Sales for BFSI, IT & Telecom, Retail, Manufacturing,
Transportation, Media & Entertainment and Other Applications
for the Years 2015, 2021 & 2027
UNITED KINGDOM
Cloud Based Office Productivity Software Market Presence –
Strong/Active/Niche/Trivial – Key Competitors in the United
Kingdom for 2022 (E)
Table 52: UK Recent Past, Current & Future Analysis for Cloud
Based Office Productivity Software by Application – BFSI, IT &
Telecom, Retail, Manufacturing, Transportation, Media &
Entertainment and Other Applications – Independent Analysis of
Annual Sales in US$ Thousand for the Years 2020 through 2027
and % CAGR
Table 53: UK Historic Review for Cloud Based Office
Productivity Software by Application – BFSI, IT & Telecom,
Retail, Manufacturing, Transportation, Media & Entertainment
and Other Applications Markets – Independent Analysis of Annual
Sales in US$ Thousand for Years 2015 through 2019 and % CAGR
Table 54: UK 12-Year Perspective for Cloud Based Office
Productivity Software by Application – Percentage Breakdown of
Value Sales for BFSI, IT & Telecom, Retail, Manufacturing,
Transportation, Media & Entertainment and Other Applications
for the Years 2015, 2021 & 2027
SPAIN
Table 55: Spain Recent Past, Current & Future Analysis for
Cloud Based Office Productivity Software by Application – BFSI,
IT & Telecom, Retail, Manufacturing, Transportation, Media &
Entertainment and Other Applications – Independent Analysis of
Annual Sales in US$ Thousand for the Years 2020 through 2027
and % CAGR
Table 56: Spain Historic Review for Cloud Based Office
Productivity Software by Application – BFSI, IT & Telecom,
Retail, Manufacturing, Transportation, Media & Entertainment
and Other Applications Markets – Independent Analysis of Annual
Sales in US$ Thousand for Years 2015 through 2019 and % CAGR
Table 57: Spain 12-Year Perspective for Cloud Based Office
Productivity Software by Application – Percentage Breakdown of
Value Sales for BFSI, IT & Telecom, Retail, Manufacturing,
Transportation, Media & Entertainment and Other Applications
for the Years 2015, 2021 & 2027
RUSSIA
Table 58: Russia Recent Past, Current & Future Analysis for
Cloud Based Office Productivity Software by Application – BFSI,
IT & Telecom, Retail, Manufacturing, Transportation, Media &
Entertainment and Other Applications – Independent Analysis of
Annual Sales in US$ Thousand for the Years 2020 through 2027
and % CAGR
Table 59: Russia Historic Review for Cloud Based Office
Productivity Software by Application – BFSI, IT & Telecom,
Retail, Manufacturing, Transportation, Media & Entertainment
and Other Applications Markets – Independent Analysis of Annual
Sales in US$ Thousand for Years 2015 through 2019 and % CAGR
Table 60: Russia 12-Year Perspective for Cloud Based Office
Productivity Software by Application – Percentage Breakdown of
Value Sales for BFSI, IT & Telecom, Retail, Manufacturing,
Transportation, Media & Entertainment and Other Applications
for the Years 2015, 2021 & 2027
REST OF EUROPE
Table 61: Rest of Europe Recent Past, Current & Future Analysis
for Cloud Based Office Productivity Software by Application –
BFSI, IT & Telecom, Retail, Manufacturing, Transportation,
Media & Entertainment and Other Applications – Independent
Analysis of Annual Sales in US$ Thousand for the Years 2020
through 2027 and % CAGR
Table 62: Rest of Europe Historic Review for Cloud Based Office
Productivity Software by Application – BFSI, IT & Telecom,
Retail, Manufacturing, Transportation, Media & Entertainment
and Other Applications Markets – Independent Analysis of Annual
Sales in US$ Thousand for Years 2015 through 2019 and % CAGR
Table 63: Rest of Europe 12-Year Perspective for Cloud Based
Office Productivity Software by Application – Percentage
Breakdown of Value Sales for BFSI, IT & Telecom, Retail,
Manufacturing, Transportation, Media & Entertainment and Other
Applications for the Years 2015, 2021 & 2027
ASIA-PACIFIC
Cloud Based Office Productivity Software Market Presence –
Strong/Active/Niche/Trivial – Key Competitors in Asia-Pacific
for 2022 (E)
Table 64: Asia-Pacific Recent Past, Current & Future Analysis
for Cloud Based Office Productivity Software by Geographic
Region – Australia, India, South Korea and Rest of Asia-Pacific
Markets – Independent Analysis of Annual Sales in US$ Thousand
for Years 2020 through 2027 and % CAGR
Table 65: Asia-Pacific Historic Review for Cloud Based Office
Productivity Software by Geographic Region – Australia, India,
South Korea and Rest of Asia-Pacific Markets – Independent
Analysis of Annual Sales in US$ Thousand for Years 2015 through
2019 and % CAGR
Table 66: Asia-Pacific 12-Year Perspective for Cloud Based
Office Productivity Software by Geographic Region – Percentage
Breakdown of Value Sales for Australia, India, South Korea and
Rest of Asia-Pacific Markets for Years 2015, 2021 & 2027
Table 67: Asia-Pacific Recent Past, Current & Future Analysis
for Cloud Based Office Productivity Software by Application –
BFSI, IT & Telecom, Retail, Manufacturing, Transportation,
Media & Entertainment and Other Applications – Independent
Analysis of Annual Sales in US$ Thousand for the Years 2020
through 2027 and % CAGR
Table 68: Asia-Pacific Historic Review for Cloud Based Office
Productivity Software by Application – BFSI, IT & Telecom,
Retail, Manufacturing, Transportation, Media & Entertainment
and Other Applications Markets – Independent Analysis of Annual
Sales in US$ Thousand for Years 2015 through 2019 and % CAGR
Table 69: Asia-Pacific 12-Year Perspective for Cloud Based
Office Productivity Software by Application – Percentage
Breakdown of Value Sales for BFSI, IT & Telecom, Retail,
Manufacturing, Transportation, Media & Entertainment and Other
Applications for the Years 2015, 2021 & 2027
AUSTRALIA
Cloud Based Office Productivity Software Market Presence –
Strong/Active/Niche/Trivial – Key Competitors in Australia for
2022 (E)
Table 70: Australia Recent Past, Current & Future Analysis for
Cloud Based Office Productivity Software by Application – BFSI,
IT & Telecom, Retail, Manufacturing, Transportation, Media &
Entertainment and Other Applications – Independent Analysis of
Annual Sales in US$ Thousand for the Years 2020 through 2027
and % CAGR
Table 71: Australia Historic Review for Cloud Based Office
Productivity Software by Application – BFSI, IT & Telecom,
Retail, Manufacturing, Transportation, Media & Entertainment
and Other Applications Markets – Independent Analysis of Annual
Sales in US$ Thousand for Years 2015 through 2019 and % CAGR
Table 72: Australia 12-Year Perspective for Cloud Based Office
Productivity Software by Application – Percentage Breakdown of
Value Sales for BFSI, IT & Telecom, Retail, Manufacturing,
Transportation, Media & Entertainment and Other Applications
for the Years 2015, 2021 & 2027
INDIA
Cloud Based Office Productivity Software Market Presence –
Strong/Active/Niche/Trivial – Key Competitors in India for
2022 (E)
Table 73: India Recent Past, Current & Future Analysis for
Cloud Based Office Productivity Software by Application – BFSI,
IT & Telecom, Retail, Manufacturing, Transportation, Media &
Entertainment and Other Applications – Independent Analysis of
Annual Sales in US$ Thousand for the Years 2020 through 2027
and % CAGR
Table 74: India Historic Review for Cloud Based Office
Productivity Software by Application – BFSI, IT & Telecom,
Retail, Manufacturing, Transportation, Media & Entertainment
and Other Applications Markets – Independent Analysis of Annual
Sales in US$ Thousand for Years 2015 through 2019 and % CAGR
Table 75: India 12-Year Perspective for Cloud Based Office
Productivity Software by Application – Percentage Breakdown of
Value Sales for BFSI, IT & Telecom, Retail, Manufacturing,
Transportation, Media & Entertainment and Other Applications
for the Years 2015, 2021 & 2027
SOUTH KOREA
Table 76: South Korea Recent Past, Current & Future Analysis
for Cloud Based Office Productivity Software by Application –
BFSI, IT & Telecom, Retail, Manufacturing, Transportation,
Media & Entertainment and Other Applications – Independent
Analysis of Annual Sales in US$ Thousand for the Years 2020
through 2027 and % CAGR
Table 77: South Korea Historic Review for Cloud Based Office
Productivity Software by Application – BFSI, IT & Telecom,
Retail, Manufacturing, Transportation, Media & Entertainment
and Other Applications Markets – Independent Analysis of Annual
Sales in US$ Thousand for Years 2015 through 2019 and % CAGR
Table 78: South Korea 12-Year Perspective for Cloud Based
Office Productivity Software by Application – Percentage
Breakdown of Value Sales for BFSI, IT & Telecom, Retail,
Manufacturing, Transportation, Media & Entertainment and Other
Applications for the Years 2015, 2021 & 2027
REST OF ASIA-PACIFIC
Table 79: Rest of Asia-Pacific Recent Past, Current & Future
Analysis for Cloud Based Office Productivity Software by
Application – BFSI, IT & Telecom, Retail, Manufacturing,
Transportation, Media & Entertainment and Other Applications –
Independent Analysis of Annual Sales in US$ Thousand for the
Years 2020 through 2027 and % CAGR
Table 80: Rest of Asia-Pacific Historic Review for Cloud Based
Office Productivity Software by Application – BFSI, IT &
Telecom, Retail, Manufacturing, Transportation, Media &
Entertainment and Other Applications Markets – Independent
Analysis of Annual Sales in US$ Thousand for Years 2015 through
2019 and % CAGR
Table 81: Rest of Asia-Pacific 12-Year Perspective for Cloud
Based Office Productivity Software by Application – Percentage
Breakdown of Value Sales for BFSI, IT & Telecom, Retail,
Manufacturing, Transportation, Media & Entertainment and Other
Applications for the Years 2015, 2021 & 2027
LATIN AMERICA
Cloud Based Office Productivity Software Market Presence –
Strong/Active/Niche/Trivial – Key Competitors in Latin America
for 2022 (E)
Table 82: Latin America Recent Past, Current & Future Analysis
for Cloud Based Office Productivity Software by Geographic
Region – Brazil, Mexico and Rest of Latin America Markets –
Independent Analysis of Annual Sales in US$ Thousand for Years
2020 through 2027 and % CAGR
Table 83: Latin America Historic Review for Cloud Based Office
Productivity Software by Geographic Region – Brazil, Mexico and
Rest of Latin America Markets – Independent Analysis of Annual
Sales in US$ Thousand for Years 2015 through 2019 and % CAGR
Table 84: Latin America 12-Year Perspective for Cloud Based
Office Productivity Software by Geographic Region – Percentage
Breakdown of Value Sales for Brazil, Mexico and Rest of Latin
America Markets for Years 2015, 2021 & 2027
Table 85: Latin America Recent Past, Current & Future Analysis
for Cloud Based Office Productivity Software by Application –
BFSI, IT & Telecom, Retail, Manufacturing, Transportation,
Media & Entertainment and Other Applications – Independent
Analysis of Annual Sales in US$ Thousand for the Years 2020
through 2027 and % CAGR
Table 86: Latin America Historic Review for Cloud Based Office
Productivity Software by Application – BFSI, IT & Telecom,
Retail, Manufacturing, Transportation, Media & Entertainment
and Other Applications Markets – Independent Analysis of Annual
Sales in US$ Thousand for Years 2015 through 2019 and % CAGR
Table 87: Latin America 12-Year Perspective for Cloud Based
Office Productivity Software by Application – Percentage
Breakdown of Value Sales for BFSI, IT & Telecom, Retail,
Manufacturing, Transportation, Media & Entertainment and Other
Applications for the Years 2015, 2021 & 2027
BRAZIL
Table 88: Brazil Recent Past, Current & Future Analysis for
Cloud Based Office Productivity Software by Application – BFSI,
IT & Telecom, Retail, Manufacturing, Transportation, Media &
Entertainment and Other Applications – Independent Analysis of
Annual Sales in US$ Thousand for the Years 2020 through 2027
and % CAGR
Table 89: Brazil Historic Review for Cloud Based Office
Productivity Software by Application – BFSI, IT & Telecom,
Retail, Manufacturing, Transportation, Media & Entertainment
and Other Applications Markets – Independent Analysis of Annual
Sales in US$ Thousand for Years 2015 through 2019 and % CAGR
Table 90: Brazil 12-Year Perspective for Cloud Based Office
Productivity Software by Application – Percentage Breakdown of
Value Sales for BFSI, IT & Telecom, Retail, Manufacturing,
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Artificial Intelligence
SEMI Consortium to Develop Cybersecurity Strategy and Roadmap for the Semiconductor Industry in NIST Framework
MILPITAS, Calif., Sept. 30, 2024 /PRNewswire/ — Seeking to strengthen the semiconductor industry’s resilience to cybersecurity threats, the global association SEMI today announced the creation of a strategic roadmap for cybersecurity implementation throughout the industry. The SEMI Semiconductor Manufacturing Cybersecurity Consortium (SMCC) has partnered with the National Institute of Standards and Technology (NIST) to develop a semiconductor manufacturing industry profile for NIST Cybersecurity Framework 2.0 (CSF 2.0) that will serve as the foundation for the aforementioned roadmap. NIST plans to publish the profile in mid-2025.
According to research by the Identity Theft Resource Center, cyberattacks rose by 72 percentage points in 2023 over the previous all-time high in 2021. As semiconductor factories become increasingly connected and autonomous, the industry must respond to the growing security vulnerabilities associated with this next level of digital reliance and align with broader government efforts to secure the building blocks of technologies vital to society.
“Semiconductors are integral to both national security and the global economy – we need to do everything in our power to protect the industry,” said Cherilyn Pascoe, Director of the National Cybersecurity Center of Excellence (NCCoE) at NIST. “NIST is pleased to partner with SEMI SMCC for the development and adoption of a NIST Cybersecurity Framework 2.0 Profile for Semiconductor Manufacturing. This collaboration is important to identify and reduce cybersecurity challenges in semiconductor manufacturing.”
“It’s important to recognize and address the unique cybersecurity challenges facing the semiconductor industry,” said Jennifer Lynn, SMCC Working Group Chair and Semiconductor Cybersecurity Lead at IBM Research. “This community profile could allow us to better identify and execute a path forward.”
In support of the 2023 National Cybersecurity Strategy’s strategic objective to secure global supply chains for information, communications and operational technology products and services, the White House Office of the National Cyber Director (ONCD) included a Cybersecurity Framework Profile as part of initiative 5.5.5 in the National Cybersecurity Strategy Implementation Plan Version 2. SMCC recognized the need for a cybersecurity community profile specific to semiconductor manufacturing and worked with the federal government to develop one.
“Unlike air, space, land, and sea, cyberspace is the only battle domain created entirely by human hands,” said Anjana Rajan, Assistant National Cyber Director for Technology Security at ONCD, during the Global Executive Cybersecurity Forum at SEMICON West 2024. “This means we have both the power and the responsibility to shape it. The future of cyberspace where defenders have an inherent advantage over attackers starts with preparation, and that preparation must begin with securing the building blocks.”
Prior to completion, the community profile will open for public review and commentary in accordance with NIST’s official process. The review period has yet to be announced. The community profile is part of a broader NIST strategy to further standardize cybersecurity protocols for the semiconductor sector, in line with profiles for other industries.
“With the committed resources and support from NIST to support SMCC working groups, we’ll be able to accelerate the development of this semiconductor manufacturing industry community profile creation,” said Brian Korn, Director for SMCC and Staff Technologist focused on Cybersecurity and Automation at Intel Foundry.
SMCC will provide cybersecurity recommendations for semiconductor manufacturing equipment, information on implementation, and updates on the development of the community profile. For more information, visit the project webpage or contact [email protected].
SMCC working groups are engaged with the SEMI Standards program to create a standards-based approach supporting the semiconductor ecosystem by leveraging the program’s 50-year history of industry alignment. SMCC is currently working on developments to two cybersecurity standards:
E187: Specification for Cybersecurity of Fab EquipmentE188: Specification for Malware-Free Equipment IntegrationAbout SMCC
The Semiconductor Manufacturing Cybersecurity Consortium (SMCC) is a SEMI technology community founded in 2024 to develop and promote a standard based, semiconductor industry wide approach to improve cybersecurity and accelerate implementation of actionable solutions. The vision of SMCC is to strengthen cyber resilience and protection of the global semiconductor supply chain against evolving threats. SMCC’s reach extends all over the world and enables our members to connect and collaborate on specific cybersecurity issues and challenges affecting different regions. It focuses on important key topics and seeks to find solutions that will benefit the entire industry.
About SEMI
SEMI® is the global industry association connecting over 3,000 member companies and 1.5 million professionals worldwide across the semiconductor and electronics design and manufacturing supply chain. We accelerate member collaboration on solutions to top industry challenges through Advocacy, Workforce Development, Sustainability, Supply Chain Management and other programs. Our SEMICON® expositions and events, technology communities, standards and market intelligence help advance our members’ business growth and innovations in design, devices, equipment, materials, services and software, enabling smarter, faster, more secure electronics. Visit www.semi.org, contact a regional office, and connect with SEMI on LinkedIn and X to learn more.
About NIST
The National Institute of Standards and Technology (NIST) was founded in 1901 and is now part of the U.S. Department of Commerce. NIST is one of the nation’s oldest physical science laboratories. Congress established the agency to remove a major challenge to U.S. industrial competitiveness at the time — a second-rate measurement infrastructure that lagged behind the capabilities of the United Kingdom, Germany and other economic rivals.
The National Cybersecurity Center of Excellence (NCCoE) under NIST is a collaborative hub where industry organizations, government agencies, and academic institutions work together to address businesses’ most pressing cybersecurity challenges. This public-private partnership enables the creation of practical cybersecurity solutions for specific industries or broad, cross-sector technology challenges. Working with technology partners—from Fortune 50 market leaders to smaller companies specializing in IT security— the NCCoE develops modular, easily adaptable example cybersecurity solutions demonstrating how to apply standards and best practices using commercially available technology.
About ONCD
The Office of the National Cyber Director (ONCD) advises the President of the United States on cybersecurity policy and strategy. Established by Congress in 2021, ONCD is a component of the Executive Office of the President at the White House. The Office spearheaded the development of the President’s National Cybersecurity Strategy, which President Biden issued on March 2, 2023. ONCD coordinates a whole-of-government approach to implement the National Cybersecurity Strategy.
ONCD’s mission is to advance national security, economic prosperity, and technological innovation through cybersecurity policy leadership. In carrying out its directive, ONCD works closely with White House and interagency partners, as well as with all levels of government, America’s international allies and partners, non-profits, academia, and the private sector, to shape and coordinate federal cybersecurity policy. Guided by the President’s vision, as articulated in the National Cybersecurity Strategy, ONCD is working to create a more equitable, safe, and resilient interconnected world in which every American can thrive and prosper.
Association Contact Samer Bahou / SEMIPhone: 1.408.943.7870Email: [email protected]
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Unlimited access to training materials empowers enterprise customers to accelerate time-to-market for AI and data-driven applications
REDWOOD CITY, Calif., Sept. 30, 2024 /PRNewswire/ — MinIO, the leader in high-performance object storage for AI, today announced the MinIO Learning Subscription, featuring unlimited access to MinIO’s full portfolio of training content. Through the subscription, training is delivered through a combination of videos, practical exercises and hands-on labs, designed to help customers accelerate onboarding for new staff and shorten time-to-market.
The MinIO Learning Subscription learners will soon have more than 250 videos organized into courses for MinIO administrators, developers, and Kubernetes operators. The content is indexed and searchable, allowing for targeted, just-in-time performance support. Additionally, students can also choose to learn on the go using the mobile app.
“Enterprises seeking to leverage artificial intelligence and machine learning to transform their business need infrastructure at a level of scale and performance previously unthinkable,” said Pete Hnath, Head of Training and Certification at MinIO. “The MinIO Object Store is integral to reach petabyte and even exabyte scale while delivering the performance AI/ML requires. The MinIO Learning Subscription offers an accelerated on ramp to prepare teams to deploy and manage object storage at scale.”
Validation of skill transfer and job role readiness is critical for project leaders. The MinIO Learning Subscription includes a voucher for each named learner to attempt the MinIO Certified Administrator – Practitioner exam.
The MinIO Learning Subscription enables users to learn by doing with comprehensive, hands-on labs. Learners progress through lab-focused video demos, followed by hands-on guided exercises, and then outcome focused end-of-module labs to build the applied skills needed to take full advantage of MinIO’s powerful capabilities in production environments. Lab exercises can be completed on the student’s local system using basic Docker compose scripts. Subscribers also receive exclusive access to a trial license of MinIO Enterprise Object Store to learn about features including caching, catalog, firewall, observability, and Key Management Server (KMS) that are unique to the enterprise offering.
Similarly, interacting with others is integral to the learning experience. The MinIO Learning Subscription includes an engaging peer-to-peer learning model where students can ask questions, get answers, and see others’ contributions inline with the course content. The MinIO curriculum engineers are also directly accessible to students. This provides a fluid and integrated model for collaborative learning missing from many other online learning experiences.
Technical enablement is critical to customer success. At $700 per learner (with volume discounts available starting at just 10 learners), the MinIO Learning Subscription is priced to encourage customers to invest in their team in preparation for project success. To learn more, visit the MinIO training at https://min.io/training.
About MinIOMinIO is pioneering high-performance object storage for AI/ML and modern data lake workloads. The software-defined, Amazon S3-compatible object storage system is used by more than half of the Fortune 500. With 1.7B+ Docker downloads, MinIO is the fastest-growing cloud object storage company and is consistently ranked by industry analysts as a leader in object storage. Founded in November 2014, the company is backed by Intel Capital, Softbank Vision Fund 2, Dell Technologies Capital, Nexus Venture Partners, General Catalyst and key angel investors.
Media Contact: Tucker Hallowell, [email protected]
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SHANGHAI, Sept. 30, 2024 /PRNewswire/ — Fourier, the Shanghai-based robotics company, announces the launch of GR-2, the latest addition to its GRx humanoid robot series. With remarkable upgrades across hardware, design, and software, GR-2 marks a new milestone in the field of humanoid robotics.
Next-Level Hardware Design
GR-2 builds upon the success of its predecessor, GR-1 — the world’s first mass-produced humanoid robot. Standing at 175 cm and weighing 63 kg, GR-2 offers 53 degrees of freedom and a single-arm load capacity of 3 kg, enabling it to tackle more complex tasks.
The new robot features a detachable battery with the capacity doubled, extending runtime by an hour. This upgrade boosts GR-2’s adaptability, making it capable of handling a broader range of challenges, such as long-distance walking.
Engineering Breakthroughs for Developers
GR-2 features integrated cabling design for power and communication transmission, allowing concealed wires and more compact packaging. The efficient layout optimizes space for easier modularization and greater adaptiveness for application-oriented customization.
To simplify the control system and reduce maintenance, Fourier re-designed GR-2’s joint configuration, shifting from a parallel to a serial structure. It improves debugging, lowers manufacturing costs, and enhances the robot’s ability to rapidly learn and transition from AI simulation to real-world applications.
12-Degrees-of-Freedom Dexterous Hands: Precision in Motion
GR-2 introduces 12-DoF dexterous hands—double the dexterity of previous models. Designed to mirror the flexibility of human physiology, these hands adapt seamlessly to complex tasks with greater precision.
Equipped with six array-type tactile sensors, GR-2 can sense force, identify object shapes and materials, and adjust its grip in real time for optimal manipulation in dynamic settings.
Supporting multiple upper-limb teaching modes—VR remote control, lead-through programming, and direct command—GR-2 can record a comprehensive set of operational data, from motion paths to tactile responses. The robust data collection expects to bridge the gap between virtual models and real-world applications, pushing the boundaries of robot training and deployment further.
FSA 2.0: Powering Dynamic Mobility
Fourier breaks new ground in humanoid robotics by incorporating human-like motion into GR-2’s design. To optimize its movement, the company developed seven distinct FSA actuators for GR-2, each tailored to meet the specific torque demands of every joint.
With peak torques exceeding 380 N.m, FSA 2.0 boosts GR-2’s agility and dynamic capabilities. The dual-encoder system doubles control accuracy, ensuring precise movements even in high-pressure environments. Designed for both speed and precision, FSA 2.0 empowers GR-2 to navigate complex tasks with greater flexibility.
Optimized Tools for Innovative Development
Fourier prioritizes the developer’s experience. The company optimized GR-2’s development platform by introducing a new software development kit compatible with mainstream programming languages such as ROS. Developers can have easy access to a robust suite of pre-optimized modules for machine vision, path planning, and force feedback control through intuitive APIs.
Supporting frameworks such as NVIDIA Isaac Lab and Mujoco, the new platform empowers developers to focus on innovation, streamlining their workflow and elevating the robotics development experience.
“GR-2 is a big step into the future of humanoid robotics,” said Alex Gu, CEO of Fourier. “We’re passionate about building the most intuitive embodied agent for AI, allowing it to engage with the physical world in ways like never before. Fourier is excited to have developers, researchers, and enterprises join us on this incredible journey.”
Fourier GRx series sets new standards in humanoid robotics with its emphasis on AI integration. In view of the future evolution of humanoid robot entities, the company outlines six key areas for development—locomotion, manipulation, cognition, bionic design, user experience, and commercial viability. The launch of GR-2 marks a new step toward future breakthroughs in human-robot collaboration.
About Fourier
Founded in 2015, Fourier is a leading general-purpose robotics company. At Fourier, our mission is to leverage full-stack robotics technology to enrich people’s lives. We’re headquartered in Shanghai, China with a team of over 500 employees globally. For more information about Fourier, please visit: www.fftai.com.
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