North American business software and services market is anticipated to grow at a CAGR of nearly 12.0% during the forecast period (2021-2027). The market is set to display tremendous growth with emerging factors such as integration of IoT services, smart technologies for security investments, and the adoption of technologies such as machine learning, artificial intelligence (AI), blockchain technology, data science, and robotics.

COVID-19 pandemic has highlighted the importance of value-added services for reducing risk levels. The work-from-home model has increased the demand for cloud-based services and software in enterprises. Moreover, the increase in the number of cases of COVID-19, with the emerging third wave in these countries is creating opportunities for the software companies to focus on customer-service-driven strategies such as proactive assistance in the customer digital journey.

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The market study of the North American business software and services market is incorporated by extensive primary and secondary research conducted by the research team at OMR. Secondary research has been conducted to refine the available data to break down the market into various segments, derive total market size, market forecast, and growth rate. Different approaches have been worked on to derive the market value and market growth rate. Our team collects facts and data related to the market from different geography to provide a better regional outlook. In the report, the country-level analysis is provided by analyzing various regional players, regional tax laws and policies, consumer behavior, and macro-economic factors. Numbers extracted from secondary research have been authenticated by conducting proper primary research. It includes tracking down key people from the industry and interviewing them to validate the data. This enables our analyst to derive the closest possible figures without any major deviations in the actual number. Our analysts try to contact as many executives, managers, key opinion leaders, and industry experts. Primary research brings authenticity to our reports.

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Key players in the market include Salesforce.com, Inc., Microsoft Corp, and IBM Corp., and among others. These market players adopt various strategies such as product launches, partnerships, collaborations, mergers, and acquisitions to retain a strong position in the market.

North American Business Software and Services Market – Segmentation
by Software
Finance
Human Resource
Sales and Marketing
Supply Chain
by Services
Consulting
Support and Maintenance
Managed Services
by Deployment
Cloud
On-Premises
by Size
Small and Medium Enterprises
Large Enterprises.
by End-User Industry
Aerospace and Defense
BFSI
Government
Healthcare
IT and Telecom
Manufacturing
Retail
Others

North American Business Software and Services Market – Segmentation by Region 
North America 
United States
Canada

Company Profiles
Google Inc.
Infor Inc.
NetSuit Inc.
Oracle Corp.
SAP SE
Symantec Corp.
VMware

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