In 2024, the global Life Sciences software market grew to $20.6 billion, marking an 8.9% year-over-year increase. The top 10 vendors accounted for 56.5% of the total market. IQVIAÂ led the pack with a 16.3% market share, followed by Microsoft, Veeva Systems, and Salesforce.
Through our forecast period, the Life Sciences applications market size is expected to reach $27.5 billion by 2029, compared with $20.6 billion in 2024 at a CAGR of 5.9%.
Life Sciences (Pharmaceuticals, medical devices and life technologies) – Clinical trial management, Enterprise Risk, Compliance and Quality Management, Incentive compensation, sales performance management, Financials, HR, Procurement
Compliance, risk management and PLM apps will continue to play a key role in life sciences vertical with CROs assuming more functions previously held by big pharmaceuticals companies, which are wrestling with revenue model changes as drug prices could fluctuate widely with the advent of smart medications in small dosages.
Top 10 Life Sciences Software Vendors in 2024 and their Market Shares
Source: Apps Run The World, July 2025
Other Life Sciences software providers included in the report are: Adobe, Atlassian, ArisGlobal, ADP, Ansys Inc., Aurea, Autodesk, AVEVA Group, Axway, Box Inc., Cegedim, Cisco Systems, Constellation Software Inc., Citrix, Concentra Analytics Ltd, Cornerstone OnDemand, Dropbox, DocuSign, Inc., Edgeverve, Fiserv, Flex Databases, Genesys Telecommunications Laboratories, Google, IBM, IDBS, Infor, Intuit Inc., Jaggaer, Koerber Group, LabWare, McKesson, Model N, Nakisa, NeoGrid, ON24, Open Text Corporation, Optalert Limited, Optymyze, PerkinElmer, PTC, QAD Inc., Qlik, Randstad Sourceright, Rockwell Automation, Roper Technologies, SAS Institute, SCC Soft Computer, Synopsys, Schrodinger, ServiceNow, Siemens Digital Industries Software, Softworks.com, StayinFront, TELUS Health, UKG, Visma, Workday, Xactly, Zoom Video Communications, and others.
Vendor Snapshot: Life Sciences Market Leaders
ARTW Technographics Platform: Life Sciences customer wins
Since 2010, our research team has been studying the patterns of Life Sciences software purchases, analyzing customer behavior and vendor performance through continuous win/loss analysis. Updated quarterly, the ARTW Technographics Platform provides deep insights into thousands of Life Sciences customer wins and losses, helping users monitor competitive shifts, evaluate vendor momentum, and make informed go-to-market decisions.
List of Life Sciences customers Â
Source: ARTW Buyer Insights Technographic Database
Custom data cuts related to the Life Sciences Applications market are available:
- Top 950+ Life Sciences Applications Vendors and Market Forecast 2024-2029
- 2024 Life Sciences Applications Market By Functional Market (16 Markets)
- 2024 Life Sciences Applications Market By Country (USA + 45 countries)
- 2024 Life Sciences Applications Market By Region (Americas, EMEA, APAC)
- 2024 Life Sciences Applications Market By Revenue Type (License, Services, Hardware, Support and Maintenance, Cloud)
- 2024 Life Sciences Applications Market By Customer Size (revenue, employee count, asset)
- 2024 Life Sciences Applications Market By Channel (Direct vs Direct)
- 2024 Life Sciences Applications Market By Product
Worldwide Enterprise Applications by Vertical Market
Exhibit 3 provides a forecast of the worldwide enterprise applications by vertical market from 2024 to 2029, highlighting market sizes, year-over-year growth, and compound annual growth rates across different industry sectors from Aerospace and Defense to Utilities.
Exhibit 3: Worldwide Enterprise Applications by Vertical Market Forecast 2024-2029 by Functional Market ($M)
Source: Apps Run The World, July 2025
Exhibit 4 shows our projections for the enterprise applications market by vertical segment, based on the buying preferences and the customer propensity to invest in new software within those industries as they continue to upgrade and replace many legacy industry-specific applications that have been identified and tracked in our Buyer Insight Database.
More Enterprise Applications Research Findings
Based on the latest annual survey of 10,000+ enterprise software vendors, Apps Run The World is releasing a number of dedicated reports, which profile the world’s 1,500 largest Enterprise Applications Vendors ranked by their 2024 product revenues. Their 2024 results are being broken down, sorted and ranked across 16 functional areas (from Analytics and BI to Treasury and Risk Management) and by 21 vertical industries (from Aerospace to Utility), as shown in our Taxonomy. Further breakdowns by subvertical, country, company size, etc. are available as custom data cuts per special request.
Research Methodology
Each year our global team of researchers conduct an annual survey of thousands of enterprise software vendors by contacting them directly on their latest quarterly and annual revenues by country, functional area, and vertical market.
We supplement their written responses with our own primary research to determine quarterly and yearly growth rates, In addition to customer wins to ascertain whether these are net new purchases or expansions of existing implementations.
Another dimension of our proactive research process is through continuous improvement of our customer database, which stores more than one million records on the enterprise software landscape of over 2 million organizations around the world.
The database provides customer insight and contextual information on what types of enterprise software systems and other relevant technologies are they running and their propensity to invest further with their current or new suppliers as part of their overall IT transformation projects to stay competitive, fend off threats from disruptive forces, or comply with internal mandates to improve overall enterprise efficiency.
The result is a combination of supply-side data and demand-generation customer insight that allows our clients to better position themselves in anticipation of the next wave that will reshape the enterprise software marketplace for years to come.
- IQVIA, a United States based Life Sciences organization with 89000 Employees
- Internet Archive, a United States based Non Profit company with 169 Employees
- AGC Partners, a United States based Professional Services organization with 140 Employees
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