The global vertical market software market is expected to see rapid growth in the next few years, reaching $268.89 billion in 2028 at a compound annual growth rate (CAGR) of 15.2%. Major trends in the market include AI and machine learning integration, IoT-driven solutions, blockchain applications, edge computing solutions, cybersecurity integration, augmented reality (AR) and virtual reality (VR), and personalization and customization. Top companies in the market include McKesson Corporation, Microsoft Corporation, Siemens AG, and Accenture plc. The rise in digitization is expected to accelerate the growth of the vertical market software sector.
