Connect with us

Technology

Independent Software Vendors (ISVs) Market to grow by USD 1.56 Billion (2025-2029), Rising Enterprise Data Drives Growth, Report Highlights AI-Driven Transformation – Technavio

Published

on

NEW YORK, Jan. 27, 2025 /PRNewswire/ — Report with the AI impact on market trends – The global independent software vendors (ISVs) market size is estimated to grow by USD 1.56 billion from 2025-2029, according to Technavio. The market is estimated to grow at a CAGR of  11.9%  during the forecast period. Rise in volume of enterprise data is driving market growth, with a trend towards increasing adoption of cloud computing by end-users. However, high costs of licensing and support  poses a challenge. Key market players include Adobe Inc., Alphabet Inc., Autodesk Inc., Avgi Solutions Inc., Cisco Systems Inc., Dell Technologies Inc., HP Inc., International Business Machines Corp., Intuit Inc., Magic Software Enterprises Ltd., Microsoft Corp, Mocana Corp., Nutanix Inc., Open Text Corp., Oracle Corp, Salesforce Inc., SAP SE, ServiceNow Inc., Virtusa Corp., and VMware Inc..

Key insights into market evolution with AI-powered analysis. Explore trends, segmentation, and growth drivers- View Free Sample PDF

Independent Software Vendors (ISVS) Market Scope

Report Coverage

Details

Base year

2024

Historic period

2019 – 2023

Forecast period

2025-2029

Growth momentum & CAGR

Accelerate at a CAGR of 11.9%

Market growth 2025-2029

USD 1559.1 million

Market structure

Fragmented

YoY growth 2022-2023 (%)

10.6

Regional analysis

North America, Europe, APAC, South America, and Middle East and Africa

Performing market contribution

APAC at 32%

Key countries

US, UK, China, Germany, and Japan

Key companies profiled

Adobe Inc., Alphabet Inc., Autodesk Inc., Avgi Solutions Inc., Cisco Systems Inc., Dell Technologies Inc., HP Inc., International Business Machines Corp., Intuit Inc., Magic Software Enterprises Ltd., Microsoft Corp, Mocana Corp., Nutanix Inc., Open Text Corp., Oracle Corp, Salesforce Inc., SAP SE, ServiceNow Inc., Virtusa Corp., and VMware Inc.

Market Driver

Independent Software Vendors (ISVs) are companies that develop and sell software solutions to businesses. Current market trends show a growing demand for software in various industries, including hardware manufacturers, enterprise applications, industry-specific software, productivity tools, and more. Startups and multinational corporations alike turn to ISVs for innovative software solutions. Cloud computing, AI, data analytics, and UX are key technologies driving the market. Healthcare, finance, education, retail & e-commerce, IT & telecom, automotive, and other sectors are adopting software-as-a-service (SaaS) and web-based services to address specific business problems. IaaS, PaaS, and E-Commerce platforms are popular choices. ISVs focus on integration and interoperability, ensuring their solutions work seamlessly with the latest technologies and platforms. Mobile applications and IoT applications are also gaining traction. AI integration, data security, and privacy concerns are essential considerations. Salesforce Industries and Cloud Technologies lead the market, with SaaS, IaaS, and PaaS being major offerings. Programming languages, platforms, technical support, and training are crucial for ISVs. Businesses seek on-premises software and large technology companies offer partnerships and acquisitions. The cloud computing market continues to expand, with mobile apps, e-commerce, logistics, and IT services being significant areas of growth. 

Cloud-based software solutions are increasingly being adopted by businesses and governments for various applications, including authentication processes, video management, biometric information storage, and big data computing. The flexibility and scalability of these solutions enable organizations to meet their evolving needs. The proliferation of IoT-connected devices worldwide has led to an enormous data generation. Industries such as manufacturing, utilities, retail, automotive, and social media utilize IoT for enhanced data transfer. Cloud-based software effectively addresses the storage and processing requirements of this massive data influx. 

Request Sample of our comprehensive report now to stay ahead in the AI-driven market evolution!

 Market Challenges

Independent Software Vendors (ISVs) face various challenges in today’s dynamic business landscape. Hardware manufacturers pose competition, pushing ISVs to innovate and integrate their software solutions with the latest technologies and platforms. Enterprise applications, industry-specific software, productivity tools, and startups require customized software to solve specific business problems. Multinational corporations seek industry-standard software for their unique needs, while cloud computing, AI, data analytics, and IoT applications demand integration and interoperability. Healthcare, retail & e-commerce, IT & telecom, automotive, finance, education, and various industries require software products that cater to their distinct requirements. ISVs must address data security and privacy concerns, ensuring their software adheres to industry standards. Salesforce Industries and Cloud Technologies dominate the market, offering IaaS, PaaS, and SaaS solutions. E-Commerce, logistics, and programming languages are essential for businesses in the digital age. ISVs must provide technical support, training, and user experience (UX) enhancements to remain competitive. On-premises software faces competition from cloud-based solutions, and large technology companies continue to expand their offerings. ISVs must stay updated on the latest technologies and trends to succeed in this competitive market.Independent Software Vendors (ISVs) have evolved from service providers to a hybrid of product and service industries. Traditional licensing models, such as single-user and concurrent-user, have given way to usage-based licensing and perpetual licensing in the corporate application sector. While perpetual licensing remains popular, usage-based licensing is on the rise. This shift brings both opportunities and challenges. While usage-based licensing offers flexibility, it also results in higher license and maintenance costs, which may negatively impact the global ISV market during the forecast period.

Discover how AI is revolutionizing market trends- Get your access now!

Segment Overview 

This independent software vendors (isvs) market report extensively covers market segmentation by  

Deployment 1.1 On-premises1.2 Cloud basedComponent 2.1 Software2.2 ServicesGeography 3.1 North America3.2 Europe3.3 APAC3.4 South America3.5 Middle East and Africa

1.1 On-premises-  Independent Software Vendors (ISVs) often choose to deploy their software through the on-premises model. On-premises software is locally hosted within an organization’s premises, utilizing their computer systems. ISVs charge a one-time license fee for this solution. On-premises software provides data security and local ownership, with the added benefit of customizable integrations. Organizations retain control over their data, enhancing security. Although high hardware costs and maintenance requirements are drawbacks, the need for data security continues to drive the growth of the on-premises segment in the global ISVs market. Many large organizations, particularly those handling sensitive data, opt for on-premises software due to its security advantages. Despite the challenges, the on-premises model’s security features are expected to fuel its adoption and expansion in the market.

Download a Sample of our comprehensive report today to discover how AI-driven innovations are reshaping competitive dynamics

Research Analysis

The Independent Software Vendors (ISV) market refers to the industry of companies that develop and sell software solutions to businesses and organizations. These software offerings can range from enterprise applications and industry-specific software to productivity tools and web-based services. ISVs cater to various sectors such as retail & e-commerce, IT & telecom, automotive, finance, education, and more, addressing specific business problems. ISVs leverage the latest technologies and platforms like cloud computing, IaaS, PaaS, AI, and machine learning to create innovative software solutions. They cater to both startups and multinational corporations, offering customized software to meet unique business needs. Productivity tools, programming languages, and platforms are essential components of the ISV market. Technical support, training, and ongoing business relationship management are also crucial aspects of the ISV value proposition. ISVs provide software solutions for hardware manufacturers, helping them offer enhanced functionality and value to their customers. The ISV market is diverse and dynamic, with continuous innovation and evolution driven by the needs of businesses and the emergence of new technologies.

Market Research Overview

The Independent Software Vendors (ISV) market encompasses a vast array of businesses that develop and sell software solutions to address specific business problems across various industries. These solutions range from enterprise applications and industry-specific software to productivity tools and standalone applications. ISVs cater to both startups and multinational corporations, leveraging the latest technologies and platforms such as cloud computing, artificial intelligence (AI), data analytics, and user experience (UX). ISVs serve diverse sectors including healthcare, finance, education, retail & e-commerce, IT & telecom, automotive, and more. They offer software products in various forms like web-based services, mobile applications, IoT applications, and AI integration. ISVs prioritize integration and interoperability to ensure seamless data flow between their solutions and other systems. Data security and privacy concerns are crucial for ISVs, as they handle sensitive business information. Salesforce Industries, Cloud Technologies, IaaS, PaaS, and SaaS are popular choices for ISVs due to their scalability and flexibility. E-commerce, logistics, and software-as-a-service (SaaS) are thriving sectors within the ISV market. ISVs provide technical support, training, and consulting services to their clients. Programming languages and platforms are essential tools for ISVs to build and deliver high-quality software. Businesses increasingly rely on ISVs to help them overcome unique challenges and stay competitive in their respective industries.

Table of Contents:

Executive SummaryMarket LandscapeMarket SizingHistoric Market SizeFive Forces AnalysisMarket SegmentationDeploymentOn-premisesCloud BasedComponentSoftwareServicesGeographyNorth AmericaEuropeAPACSouth AmericaMiddle East And AfricaCustomer LandscapeGeographic LandscapeDrivers, Challenges, and TrendsCompany LandscapeCompany AnalysisAppendix

About Technavio

Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions.

With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

Contacts

Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: media@technavio.com
Website: www.technavio.com/

 

View original content to download multimedia:https://www.prnewswire.com/news-releases/independent-software-vendors-isvs-market-to-grow-by-usd-1-56-billion-2025-2029-rising-enterprise-data-drives-growth-report-highlights-ai-driven-transformation—technavio-302360270.html

SOURCE Technavio

Continue Reading

Technology

NAVER D2SF Invests in On-Device AI Startup TraceWeave

Published

on

By

TraceWeave develops its own post-Transformer AI architecture that enables AI agents to run on memory-constrained devicesCompletes paid pilot in mobility; pursues commercialization across robots, drones, smart glasses, and moreNAVER D2SF continues to invest in on-device AI and next-generation device technologies

SEOUL, South Korea, Oct. 20, 2026 /PRNewswire/ — NAVER D2SF has made a new investment in TraceWeave, an on-device AI startup led by co-founder and CEO Jaeyoung Park. TraceWeave is the team behind Phase-TITAN, a post-Transformer architecture that understands long contexts and carries out multi-step tasks while keeping memory usage constant. NAVER D2SF recognized the company’s core technology for enabling AI agents on resource-constrained devices.

As AI expands to robots, vehicles, smart glasses, and drones, its applications are advancing beyond simple chatbots toward complex reasoning and decision-making. In Transformer-based models, the key-value cache (KV-Cache) grows with context length, requiring more memory. On-device constraints in memory, battery life, and heat have made it difficult to implement AI agents that understand long contexts and perform complex tasks.

TraceWeave’s Phase-TITAN is a new AI architecture designed to resolve this memory bottleneck by replacing the conventional Transformer architecture altogether. TraceWeave develops its own AI models rather than relying on existing open-source models. Memory usage remains constant as context grows. According to TraceWeave, at a 1M-token context without quantization, a comparable Transformer’s KV-Cache holds tens of gigabytes or more, while its 1B Phase-TITAN model holds 0.04 GB. This enables agents to call tools, interpret results, and decide on their next actions entirely on the device, without cloud calls. TraceWeave’s internal benchmarks on RULER and BFCL indicate that Phase-TITAN maintains performance on par with Transformer models of the same size and larger.

TraceWeave has demonstrated a multi-step agent running on a smartphone using only its CPU, without cloud calls. In mobility, it completed a paid pilot with the autonomous driving affiliate of a global automotive group, identifying driving-data frames that improve the partner’s autonomous driving model without human annotation. It is also validating in-vehicle agent performance with a global automotive electronics software company and exploring opportunities in robots, drones, smart glasses, and wearables. TraceWeave was a Top 20 finalist in NVIDIA’s 2026 Inception Grand Challenge.

TraceWeave was co-founded in October 2025 by researchers with backgrounds at ETH Zurich, Google, and KAIST. The team combines engineering expertise grounded in computational neuroscience and physics with business development capabilities, designing its own architecture and validating it in device environments that reflect real-world customer needs. In this seed round led by Mirae Asset Capital, TraceWeave raised approximately KRW 3 billion at a pre-money valuation of approximately KRW 30 billion. Based at NAVER D2SF @Gangnam, the company plans to use the funding to expand its research and engineering team for next-generation architecture development and grow its business.

“Taking the KV cache out was never the hard part. Staying capable without it was,” said Jaeyoung Park, co-founder and CEO of TraceWeave. “The best part is no part. Phase-TITAN already delivers Transformer-class capability without the Transformer’s memory tax, and the next one goes well beyond its class, with the memory still fixed.”

“On-device AI is a core technology for implementing complex, advanced AI across diverse device environments beyond PCs, and it also offers advantages in reducing cloud call costs and protecting privacy,” said Sanghwan Yang, Head of NAVER D2SF. “TraceWeave is a team that is innovating AI architecture to overcome the limitations of existing AI models and bring AI to on-device environments.”

View original content:https://www.prnewswire.com/news-releases/naver-d2sf-invests-in-on-device-ai-startup-traceweave-302913752.html

SOURCE NAVER D2SF

Continue Reading

Technology

Gear Up for Year-End Wellness: iHerb Spotlights 4 Everyday Health Essentials and Kicks Off 11.11 Early Access Sale with Up to 40% Off Sitewide

Published

on

By

HONG KONG, Oct. 21, 2026 /PRNewswire/ — As October gets underway, many individuals are proactively preparing their daily health and self-care routines ahead of the busy year-end season. Global health and wellness e-commerce platform iHerb has curated a premier lineup of four top-selling daily nutritional supplements from its flagship house brand, California Gold Nutrition, and consumer-favorite brand, Doctor’s Best. Encompassing marine collagen, Omega-3 fatty acids, CoQ10, and chelated magnesium, this selection addresses distinct nutritional priorities, providing consumers with comprehensive, high-quality choices for daily maintenance and holistic vitality.

The iHerb Singles’ Day Early Access campaign officially launches today and runs through October 28. During the promotional period, shoppers can apply promo code “HD11BUY” at checkout to receive up to 40% off sitewide. Additionally, new customers worldwide can use promo code “WELCOME7” to enjoy 30% off their first purchase—offering consumers the ideal opportunity to proactively map out their year-end wellness and nutrition regimens.

Daily Wellness from Within: Collagen and Omega-3 as Nutritional Building Blocks

Founded in the United States and powered by 30 years of global health curation, iHerb offers an extensive catalogue spanning vitamins, dietary supplements, beauty, sports nutrition, and everyday lifestyle essentials. The platform empowers consumers to explore premier wellness goods from around the world all in one convenient place.

Among the featured highlights is California Gold Nutrition’s Hydrolyzed Marine Collagen Peptides + Hyaluronic Acid and Vitamin C. This synergistic formula pairs bioavailable hydrolyzed marine collagen peptides with hyaluronic acid and antioxidant vitamin C. Formulated as an unflavored, easily dissolvable powder, it blends effortlessly into morning coffee, smoothies, or water according to usage guidelines, offering a hassle-free addition to daily beauty and mobility regimens.

For essential fatty acid support, California Gold Nutrition’s Omega-3 Premium Fish Oil provides concentrated Omega-3 fatty acids, specifically EPA and DHA. Delivered in fish gelatin softgels, it offers an accessible, high-purity option for consumers seeking to incorporate vital fatty acids into their daily dietary routine to maintain overall cardiovascular, cognitive, and cellular wellness.

Targeted Cellular Vitality and Essential Minerals: Advanced Science from Doctor’s Best

Complementing collagen and fish oil, trusted wellness brand Doctor’s Best delivers science-backed formulations for more specialized nutritional support. The brand’s High Absorption CoQ10 utilizes naturally fermented Coenzyme Q10 paired with patented BioPerine® black pepper extract to enhance nutrient absorption and bioavailability. It provides an exceptional daily option for adults focused on supporting cardiovascular function, cellular energy generation, and antioxidant defenses.

Another standout favorite is Doctor’s Best High Absorption Magnesium Lysinate Glycinate, which features Albion® TRAACS® chelated magnesium in convenient tablet form. This fully chelated delivery ensures high bioavailability and superior digestive tolerance, allowing consumers to easily select the right daily supplement tailored to their dietary habits, physical activity, and relaxation needs.

Special Promotion: 11.11 Early Access

Sitewide Early Bird Offer: Use promo code HD11BUY to take up to 40% off sitewide.

New Customer Welcome: First-time shoppers globally can apply promo code WELCOME7 for 30% off their order.Promotion Window: Active immediately through October 28, 2026.Details & WhatsApp: Subject to terms and product eligibility on the official iHerb website. Subscribe to the official iHerb Hong Kong WhatsApp channel for real-time campaign updates.

About iHerb (https://hk.iherb.com/)

iHerb is a world-leading e-commerce destination dedicated to health, wellness, and self-care. Founded in California in 1996, iHerb now serves millions of customers across more than 180 countries. With a selection of over 40,000 authentic, high-quality products across vitamins, supplements, sports nutrition, personal care, and grocery items, iHerb delivers value and convenience directly to doorsteps worldwide, supported by state-of-the-art GMP-registered, climate-controlled distribution centers.

View original content to download multimedia:https://www.prnewswire.com/apac/news-releases/gear-up-for-year-end-wellness-iherb-spotlights-4-everyday-health-essentials-and-kicks-off-11-11-early-access-sale-with-up-to-40-off-sitewide-302914770.html

SOURCE iHerb

Continue Reading

Technology

EPG Showcases Full-Stack AIDC Capabilities and Global Delivery Network at DCWA 2026 in Singapore

Published

on

By

SINGAPORE, Oct. 21, 2026 /PRNewswire/ — EPG, a global provider for prefabricated modular data center infrastructure, showcased its latest AI data center solutions at Data Centre World Asia (DCWA) 2026, held in Singapore on September 29–30. Demonstrating its commitment to Asia-Pacific and the markets beyond, EPG presented its AI Core prefabricated modular data center solution and Edge POD prefabricated edge data center solution, alongside the global launch of AeroLev 1850, an air-cooled, magnetic-bearing chiller platform jointly introduced with MagPro. Together, these offerings demonstrate EPG’s end-to-end capabilities across modular infrastructure and high-efficiency cooling for AI data centers (AIDCs).

At the opening address for the Critical Infrastructure Theatre, EPG Chief Operating Officer Johnny Zhang highlighted the growing demands AI is placing on data center infrastructure, from higher power density and faster deployment to more efficient cooling. As AI continues to evolve, infrastructure must keep pace to support the next generation of AI computing.

Building on these themes, Johnny Zhang moderated a panel discussion on the future of data centers, resilience and digital infrastructure, bringing together industry experts from data center design, cloud and AI infrastructure, and cooling technology to explore emerging requirements for energy efficiency, high-density cooling and scalability. EPG Chief Technology Officer Enso Li also presented AI Core at the Energy Security & Efficiency Theatre, demonstrating how standardized modules and factory prefabrication can accelerate data center deployment.

Alongside these industry discussions, EPG continued to strengthen its global partnerships. The company signed cooperation agreements with international industry partners across AI data center planning, construction and delivery. These collaborations will support the development of next-generation data center infrastructure, broaden EPG’s ecosystem across the Asia-Pacific and expand its presence in global markets.

Complementing these industry engagements, EPG showcased its AI Core and Edge POD solutions across its exhibition space, welcoming visitors to explore its modular infrastructure offerings. AI Core takes a prefabricated, modular approach to AI infrastructure, integrating standardized power, cooling and other critical infrastructure modules to simplify deployment and enable flexible expansion as compute requirements grow. Built on this modular approach, EPG’s E Series offers configurable solutions tailored to different project requirements. One of its offerings, Edge POD, is an all-in-one solution for distributed computing environments where power availability and deployment speed are critical. Designed for 1–10 MW applications, Edge POD supports rapid deployment, low-latency computing and distributed redundancy.

EPG’s joint venture, MagPro, also introduced its new magnetic levitation chiller platform, AeroLev 1850. The 1.85 MW-class, air-cooled, magnetic-bearing chiller platform is designed for next-generation AI data centers in water-scarce, high-ambient environments, with chilled-water outlet temperatures of up to 45°C. Its cooling-tower-free architecture combines oil-free magnetic-levitation technology with intelligent controls to deliver efficient, reliable cooling while reducing water consumption.

The launch of AeroLev 1850 marks a strategic milestone in EPG’s global cooling technology roadmap. Established in May 2026, MagPro brings together EPG’s data center engineering and global delivery expertise with CIGU’s magnetic-levitation technology and R&D capabilities. The partnership expands EPG’s portfolio into advanced cooling to address the demands of high-density AI computing while reducing reliance on water-intensive cooling systems.

“AI computing is reshaping the infrastructure requirements of data centers,” said Alick Wan, Founder and Chairman of EPG. “Our focus extends beyond individual technological breakthroughs. By combining modular and standardized solutions with global delivery capabilities, we aim to help customers deploy and scale computing infrastructure efficiently across markets. We will continue working with global partners to build more efficient and resilient infrastructure for the next generation of digital growth.”

Looking ahead, EPG will continue to evolve its solutions and strengthen its capabilities to meet the changing demands of the data center industry.

Learn more: https://www.epg-module.com/

CONTACT: communications@epg-module.com

About EPG

EPG is a prefabricated modular data center infrastructure provider, powered by R&D centers in Singapore, Malaysia, and Shanghai, as well as six advanced manufacturing hubs in Malaysia and China. With over 20 years of engineering expertise, it has a workforce of more than 1,600 employees, including nearly 300 researchers and experienced engineers in its R&D and technical team. Through continuous technological innovation and a scalable delivery system, EPG delivers  integrated and efficient data center solutions for hyperscale, cloud, and enterprise deployments across APAC, EMEA, and other global markets.

About MagPro (Nanjing CIPU Technology Co., Ltd.)

MagPro is a joint venture between CIGU Technology Corp. Ltd. and EPG Data Technology (Shanghai) Co., Ltd., specializing in the research, development, and production of reliable, energy-efficient cooling and air-conditioning systems for AI data centers, cloud, and hyperscales. MagPro operates a more than 6,000-square-meter production base and two air-cooled laboratories, supporting testing of air-cooled units up to 2,000 kW.

View original content to download multimedia:https://www.prnewswire.com/apac/news-releases/epg-showcases-full-stack-aidc-capabilities-and-global-delivery-network-at-dcwa-2026-in-singapore-302913737.html

SOURCE EPG Global Technology (Shanghai) Co., Ltd.

Continue Reading

Trending