The collection of computer programs and related data that command the computer what to do and how to do is called Software or Computer software.
Software Industry involves business where software-producing organizations sell computer programming activity to corporate or individual software consumers.
Businesses for development, maintenance and publication of software that are used by any business model, as well as software services like training, documentation, and consulting are comprise the software industry.
The software industry constitutes of three main traded sectors such as programming services, enterprise software products, and shrink-wrapped software products.
The software industry involves various types of businesses such as operating systems, middleware, and databases that are made by companies and organizations such as Linux, Google, Microsoft, IBM, Sybase, EMC, Oracle and VMWare.
It is the software that automates business processes in finance, production, logistics, sales and marketing and made by Oracle, SAP AG, Sage and Infor, while Security software are developed by the likes of Symantec, Trend Micro and Kaspersky.
A high degree of consolidation has been seen in the software industry during the past couple of decades.
Leading Country in Software Industry:
As per the reports, United States has been the world leader in the software industry throughout its history, and currently accounts for half of global revenues overall.
Top 10 software companies:
Microsoft; IBM; Oracle; SAP; Ericsson; Nintendo; HP; Symantec; Nokia Siemens Networks; Activision Blizzard.
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