Microsoft has announced that its next installment of Office is coming later this year.
Microsoft Office 2021 is coming to Windows (32-bit and 64-bit) and macOS devices and is the pay-once-and-have-for-life office suite, not the subscription-based Office 365, where Microsoft invests most of its time and energy.
While Microsoft didn't detail all the changes to Office 2021 just yet, it did mention that Dark Mode will be supported and it will add Dynamic Arrays and XLOOKUP to Excel.
Both Office 2021 and Office LTSC (long-term servicing channel) for businesses will be supported just 5 years, instead of the up-until-now 7 years. Prices for Office Professional Plus and Standard, as well as individual apps, will go up by 10% for commercial users and remain the same for the rest.