What are the drivers of enterprise software growth? According to IDC the answer is Big Data/analytics, content applications and system software, as the global H1 2013 software market grows by 5.5% Y-o-Y to $179 billion.
Such growth is higher (if slightly) than the 5.1% Y-o-Y experienced during H1 2012, and can be seen as a sign of recovery following the uncertainty caused by Eurozone turmoil, even if the W. European market remains slow with 5.1% Y-o-Y growth.
"Enterprises are seeing new opportunities to drive new and improved products and services by leveraging information," IDC says. "Therefore, it stands to reason that software to manage, access, and share information (structured and unstructured) continues to be a priority for competing in today's economy and a driver of software market growth,"
The three segments making the software market as IDC sees it-- applications, application development & deployment (AD&D) and systems infrastructure software-- see H1 2013 growth of 5-6% Y-o-Y.Read more...