Software Market in the United States
In value terms, software production expanded modestly to $ in . In general, production, however, recorded a abrupt decline. The pace of growth appeared the most rapid in 2019 when the production volume increased by % against the previous year. Software production peaked at $ in 2013; however, from 2014 to , production failed to regain momentum.
The size of the software market in the United States stood at $ in , with an increase of % against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Overall, consumption showed a relatively flat trend pattern. As a result, consumption reached the peak level of $. From 2016 to , the growth of the market failed to regain momentum.