Core systems: Strong educational and government support for tech have boosted the industry

The Software Publishing industry in Massachusetts, which comprises companies that develop and distribute software products, grew over the five years to 2018 as investment in computers and software and the use of software and internet products have both surged. Corporate profit, generally a good indication of corporate investment and spending, increased during the period, leading to increased spending on software and computer products from the business sector. Additionally, consumer spending has risen during the period, leading to increased spending on industry products in the consumer market. Over the five years to 2023, the industry is expected to grow, aided by the continued shift to the internet and accelerating corporate profit.

Industry Statistics & Market Size
Revenue
$26bn
Annual Growth 13-18
7.9%
Forecast Growth 18-23
Profit
Employment
35,109
Businesses
509

Industry Threats & Opportunities

  • Corporate profit increased during the period, leading to increased spending on software and computer products from the business sector

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    Additional Insights for the Software Publishing in Massachusetts Industry

    IBISWorld identifies 250 Key Success Factors for a business.The most important for the Software Publishing in Massachusetts Industry are

  • Undertaking technical research and development
  • Protection of patents
  • Access to highly skilled workforce
  • IBISWorld analysts also discuss how external factors such as Private investment in computers and software and Corporate profit in the Software Publishing in Massachusetts industry impact industry performance..

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    What's in this report

    What is the Software Publishing in Massachusetts Industry?

    Software publishers disseminate licenses to customers for the right to execute software on their own computers. Operators in this industry market and distribute software products and may also design the software, produce support materials and provide support services.

    Industry Products
  • Systems software publishing
  • Application software publishing
  • Custom application design and development
  • Technology consulting and training
  • Resale of computer hardware and software
  • Industry Activities
  • Developing software
  • Publishing software
  • Developing video games
  • Publishing video games
  • Publishing cellular phone software
  • Publishing computer software
  • Developing firmware software
  • Developing middleware software
  • Table of Contents

    Industry Definition
    Main Activities
    Similar Industries
    Additional Resources
    Industry Statistics Snapshot
    Industry Structure
    Executive Summary
    Executive Summary
    Key External Drivers
  • Private investment in computers and software
  • Corporate profit
  • Number of mobile internet connections
  • Investor uncertainty
  • Per capita disposable income

  • Current Performance
    Industry Outlook
    Industry Life Cycle
  • Life cycle reasons
  • Chart: Benchmarking - Software Publishing in Massachusetts Industry Lifecycle vs The Economy

  • Supply Chains
    Key Buying Industries
  • Manufacturing
  • Computer Stores
  • Information
  • Finance and Insurance
  • Healthcare and Social Assistance
  • Public Administration

  • Key Selling Industries
  • Computer and Peripheral Equipment Manufacturing
  • Data Processing & Hosting Services
  • Intellectual Property Licensing
  • Operating Systems & Productivity Software Publishing

  • Products & Services
  • Application software publishing
  • Systems software publishing
  • Other
  • Technology consulting and training
  • Resale of computer hardware and software
  • Custom application design and development
  • Chart: Software Publishing in Massachusetts Industry Products and Services Segmentation

  • Major Markets
  • Business
  • Households
  • Government
  • Chart: Major Market Segmentation for the Software Publishing in Massachusetts Industry

  • Business Locations
    Chart: Business Locations by State
    Market Share Concentration
    Key Success Factors
    Cost Structure Benchmarks
  • Chart: Cost Structure Benchmarking – Sector vs Software Publishing in Massachusetts

  • Basis of Competition
    Barriers to Entry
    Athenahealth Inc., Kronos Incorporated, The MathWorks Inc., PTC Inc., Salesforce.com Inc.,
  • Table: Athenahealth Inc. - financial performance
  • Table: Kronos Incorporated - financial performance
  • Table: The MathWorks Inc. - financial performance
  • Table: PTC Inc. - financial performance
  • Table: Salesforce.com Inc. - financial performance

  • Capital Intensity
  • Chart: Level of Capital Intensity for the Software Publishing in Massachusetts Industry
  • Chart: Tools of the Trade: Growth Strategies for Success

  • Technology & Systems
    Revenue Volatility
  • Chart: Volatility vs Industry Growth

  • Regulation & Policy
    Industry Assistance
    Table: Industry Data for the Software Publishing in Massachusetts Industry
    Includes:
  • Industry Revenue (2009-2023)
  • Establishments (2009-2023)
  • Businesses (2009-2023)
  • Employment (2009-2023)
  • Wages (2009-2023)
  • Number of mobile internet connections (2009-2023)

  • Table: Annual Percentage Change for Key Industry Data
    Table: Key Ratios for Industry Key Data
    Application Software
  • A computer program that functions with the purpose of supporting or improving the software user's work.
  • Cloud Computing
  • A computing model in which storage and computing tasks are handled by networked machines (often servers in a data center owned by the service provider) rather than at the point of consumption.
  • Enterprise Software
  • A type of software, also known as enterprise application software (EAS), that is intended to solve an enterprise problem, rather than a departmental problem.
  • Open-Source Software (Oss)
  • Computer software distributed under a licensing arrangement that allows computer codes to be shared, viewed and modified by other users and by organizations.
  • Software As A Service (Saas)
  • A model of software deployment where a provider licenses an application to customers for use as a service on demand.
  • What Our Customers Say

    Why buy this report?

    IBISWorld’s industry research report on Software Publishing in Massachusetts can be used to help you understand the industry’s market size, growth potential and major companies. Five-year forecasts provide insight into the industry’s prospects, so you can make decisions with confidence. This information is perfectly suited to informing your business plans, pitch books, benchmarking and SWOT analysis.

    IBISWorld industry market research reports enable you to:
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    • Identify threats and opportunities
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    This report on Software Publishing in Massachusetts:
    • Provides Market Size information to assist with planning and strategic decisions.
    • Includes the necessary information to perform SWOT, PEST and STEER analysis.
    • Helps you understand market dynamics to give you a deeper understanding of industry competition and the supply chain.
    • Analyses key performance and operational metrics so that you can benchmark against your own business, that of your customers’ businesses, or your competitors’ businesses.
    The Software Publishing in Massachusetts market research report includes:
    • Historical data and analysis for the key drivers of this industry
    • A five-year forecast of the market and noted trends
    • Detailed research and segmentation for the main products and markets
    • An assessment of the competitive landscape and market shares for major companies
    • And of course, much more

    IBISWorld reports on thousands of industries around the world. Our clients rely on our information and data to stay up-to-date on industry trends across all industries. With this IBISWorld Industry Research Report on Software Publishing in Massachusetts, you can expect thoroughly researched, reliable and current information that will help you to make faster, better business decisions.

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