The enterprise software's recovery is on pace, according to Gartner-- with the WW market forecast to reach over $267Bn in 2011, with 9.5% Y-o-Y growth.
The analyst also projects it will reach totals of $288Bn in 2012.
Gartner says the the enterprise software market is recovering following 2009-- even if it points out Europe as an area of concern when it comes to economic recovery. Q2 2011 could be seeing a slowdown in demand, with some recover later in the year.
In fact, Gartner's forecasts for W. Europe total $78.3Bn-- with growth to possibly reaching the USA's through 2015. Growth however is going through a slowdown, due to recent currency appreciation, fiscal tightening, higher commodity prices and debt concerns in countries including Greece, Ireland, Portugal and Spain.
Countries that should go strong through the 2011-2015 period include Denmark, Finland, Germany, Norway and Sweden.
The WW enterprise infrastructure software market will total $153.3Bn in 2011, a 9% Y-o-Y increase. Leading this market is the OS segment (will total $32.6Bn in 2011), and DBMSs (totalling $25.5Bn).
Gartner forecasts WW enterprise application software spending will reach $114.4Bn in 2011, with 10.2% Y-o-Y growth. Its largest segment is enterprise resource planning (ERP), with revenues to reach $23.3Bn. Office suites follow, with $15.7Bn.