Independent Software Vendors (ISVs) Market- Industry Analysis

Independent Software Vendors (ISVs) Market was valued at US$ 0.283 Bn. in 2023. Global Independent Software Vendors (ISVs) Market size is expected to grow at a CAGR of 9.18% through the forecast period. Independent Software Vendors (ISVs) Market Overview: An Independent Software Vendor (ISV) is a business where the software is built, developed, & sold to the consumer or enterprise. The software will remain the property of the software vendor even after selling to the end-user and a license will be given to the end-user. ISV-built software is compatible with Windows, Linux, and Apple. ISVs have their presence in all from basic to advanced business requirements. The market is expected to register rapid growth during the forecasted period due to the rising adoption & recent advances in cloud-based solutions. Significant growth is expected due to support from original equipment manufacturers (OEMs) and demand for value-added services by end-users users.