Report : North America G Suite Business Software Market Forecast to 2028 - COVID-19 Impact and Regional Analysis By Type (Administration Software, ERP Software, Finance Software, HR Software, and Others) and End-user (Individual and Enterprise)
ERP Software Segment to Dominate North America G Suite Business Software Market during 2021–2028
According to a new market research study on “North America G Suite Business Software Market to 2028 – COVID-19 Impact and Regional Analysis and Forecast by Type and End-user” is expected to reach US$ 1,717.64 million by 2028 from US$ 1,010.04 million in 2021. The market is estimated to grow at a CAGR of 7.9% from 2021 to 2028. The report provides trends prevailing in the North America G suite business software market along with the drivers and restraints pertaining to the market growth. Application of third-party services in G-suite business software is the major factor driving the growth of the North America G suite business software market. However, issues associated with the availability of economical alternatives hinder the growth of North America G suite business software market.
The North America G suite business software market is segmented into type, end-user and country. Based on type, the North America North G suite business software market is segmented into administration software, ERP software, finance software, HR software, and others. The ERP software segment dominated the market in 2020 and finance software segment is expected to be the fastest growing during the forecast period. Based on end-user, the North America G suite business software market is segmented into individual and enterprise. The enterprise segment dominated the market in 2020 and is expected to be the fastest growing during the forecast period. Based on country, North America G suite business software market is classified into US, Canada, and Mexico.
North America is one of the most critical regions for the uptake and development of new technologies due to favorable government policies, robust industrial base, and high purchasing power, especially in developed countries, such as the US and Canada. In the US, Google cloud collaborates with the White House and other partners to create new text and data mining approaches for examining the COVID-19 Open Research Dataset (CORD-19), the largest machine-readable coronavirus literature collection to date. It is also collaborating with state organizations, such as the Oklahoma State Department of Health, on ways for medical personnel to engage with at-risk persons who may have been exposed to the COVID-19 remotely. The agency launched an app that allowed medical personnel to contact those who had reported symptoms and lead them to testing locations. The software was developed in collaboration with its partner MTX Group. Governments are currently using it in Florida, New York, and other states to understand the virulence of COVID-19. Many people are looking forward to improving their skills and gaining knowledge from home as they shift to remote employment and learning environment in response to the COVID-19 pandemic. To assist, the Google Cloud learning tools, such as a vast catalog of training courses, hands-on labs on Qwiklabs, and interactive Cloud OnAir webinars, are available for free. Anyone can obtain cloud experience through hands-on labs and learn how to prototype an app, construct prediction models, and more remotely. Teams can also improve their skills by taking Pluralsight and Coursera on-demand courses. Although the COVID-19 pandemic has had a negative impact on educational institutions, particularly, it has positively driven the market for G Suite business software, which plays a major role in supporting distance-learning projects that allow instructors to continue educating students from home. For example, G Suite launched Google Classroom to over 1.3 million children in New York City, allowing them to continue their school year virtually at home.
Calendly; Expensify, Inc.; Freshworks Inc.; GROOVE; MAILTRACK.IO; Mixmax; NetHunt Inc.; Rewardly, Inc.; Salesforce.com, Inc.; and Zendesk are among the leading companies in the North America G suite business software market. The companies are focused on adopting organic growth strategies such as product launches and expansions to sustain their position in the dynamic market. The companies are focused on adopting organic growth strategies such as product launches and expansions to sustain their position in the dynamic market. For instance, in 2021, NetHunter CRM has added new features to assist businesses speed their growth. The new features are aimed at streamlining sales, marketing, and business processes. NetHunter users can now leverage automated processes directly from their Gmail inbox to better manage their customer connections, increase engagement, and close more deals.
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