Support system: Growth will likely slow as mobile internet connections reach saturation

The Software Publishing industry in New Jersey comprises companies that design, develop and publish software products. Over the five years to 2018, the industry has performed well, with revenue increasing at an annualized rate of 4.7% to $4.9 billion, including a 6.0% increase in 2018. Positive macroeconomic events in the country and state, including increased consumer spending and corporate investment in computers and software, have spurred increased spending on industry products and services over the past five years. While perhaps not known for its software innovation, New Jersey has nevertheless kept pace with the national industry, as well as state titans California and New York. However, even as revenue has kept pace, the same cannot be said for enterprises or employment...purchase to read more.

Industry Statistics & Market Size
Revenue
$5bn
Annual Growth 13-18
4.7%
Forecast Growth 18-23
Profit
Employment
8,074
Businesses
267

Industry Threats & Opportunities

  • Even as revenue has kept pace, the same cannot be said for enterprises or employment
  • Industry Report - Industry Locations Chapter

    The Software Publishing industry in New Jersey is most concentrated in three counties, Bergen, Morris and Middlesex. Together, these three counties account for 46.1% of industry establishments, while only representing 25.1% of the population. Other noteworthy counties include Monmouth County (8.6% of establishments) and Hudson County (8.2% of establishments). Essex County and Burlington County are the only two other counties that make up more than 5.0% of establishments.Within New Jersey, the Software Publishing industry is extremely prevalent and overrepresented in the New York-Newark-Jersey City metropolitan statistical area (MSA). This MSA covers 25 counties in New York, New Jersey and Pennsylvania; 12 of these counties are located in New Jersey. In ...purchase to read more.

    Additional Insights for the Software Publishing in New Jersey Industry

    IBISWorld identifies 250 Key Success Factors for a business.The most important for the Software Publishing in New Jersey 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 New Jersey industry impact industry performance..

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    What's in this report

    What is the Software Publishing in New Jersey 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
  • System software publishing
  • Application software publishing
  • Support, consulting and training
  • Merchandise re-sale
  • Customer application publishing
  • Industry Activities
  • Developing software
  • Publishing software
  • Development video games
  • Publishing video games
  • Publishing cellular phone software
  • Publishing computer software
  • Developing firmware software
  • Development 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
  • Consumer spending in New Jersey
  • Investor uncertainty

  • Current Performance
    Industry Outlook
    Industry Life Cycle
  • Life cycle reasons
  • Chart: Benchmarking - Software Publishing in New Jersey 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
  • System software publishing
  • Application software publishing
  • Other
  • Support, consulting and training
  • Customer application publishing
  • Merchandise re-sale
  • Chart: Software Publishing in New Jersey Industry Products and Services Segmentation

  • Major Markets
  • Business sector
  • Consumer segment
  • Public sector
  • Chart: Major Market Segmentation for the Software Publishing in New Jersey 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 New Jersey

  • Basis of Competition
    Barriers to Entry
    AvePoint Inc., Ericom Software Inc., iCIMS Inc., InetSoft Technology Corp.,
  • Table: AvePoint Inc. - financial performance
  • Table: Ericom Software Inc. - financial performance
  • Table: iCIMS Inc. - financial performance
  • Table: InetSoft Technology Corp. - financial performance

  • Capital Intensity
  • Chart: Level of Capital Intensity for the Software Publishing in New Jersey 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 New Jersey 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 and 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 New Jersey 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:
    • Find out about key industry trends
    • Identify threats and opportunities
    • Inform your decisions for marketing, strategy and planning
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    This report on Software Publishing in New Jersey:
    • 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 New Jersey 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 New Jersey, you can expect thoroughly researched, reliable and current information that will help you to make faster, better business decisions.

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