Software Industry Market Size & Growth: Revenues & Earnings

The table below lists the total revenues and earnings of the Software Industry. The total market size of the industry, measured by revenue, is $382,225.0 million (fiscal 2019). During the previous year, the total revenue was $363,589.4 million. Year-over-year earnings growth (Q4 2019) was 11.67%. The figures has been calculated using all public U.S. companies.* (*Read more from here)

Note: This industry is heavily dominated by Microsoft Corp whose revenues made up 42% of the total revenue of the industry for the fiscal 2019. Alphabet Inc (Google) and Facebook Inc are not classified under the Software industry but these companies belong to the GICS Media industry.

Software Industry: Total Revenue, Earnings & Growth (USD, Million)

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How the figures have been calculated?

The data has been calculated using the current & past Russell 3000 companies. Russell 3000 index represents around 98% of the U.S. equity market. Net income is used as the earnings figure. The year-over-year growth is calculated by dividing the revenue/earnings of a quarter with the figures of the same quarter from the previous year. For any questions about our calculations, please don’t hesitate to contact us.

GICS Software Industry

The Software industry is part of the GICS Information Technology Sector This sector includes also IT Services, Communications Equipment, Technology Hardware, Storage & Peripherals, Electronic Equipment, Instruments & Components and Semiconductors & Semiconductor Equipment.

The largest U.S. companies part of this industry are Microsoft Corp, Oracle Corp, Adobe Systems Inc, Inc and VMware Inc Class A.