1. MARKET AN ALYSIS
Worldwide Software 2008–2012 Forecast Summary
Richard V. Heiman
IDC OPINION
The worldwide software market underwent very strong revenue growth from $231.1
billion in 2006 to $262.7 billion in 2007, an annual increase of 13.7%. However, from
2007 to 2012, the projected compound annual growth rate (CAGR) is a more modest
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7.7%. IDC believes that:
! The 2007 growth was in part due to the weakness of the U.S. dollar against other
major currencies.
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! The software industry is maturing and consolidating. This phenomenon continued
in 2007 and will do so in the future.
! Emerging market drivers such as Eureka 2.0, software appliances, service-
oriented architecture (SOA), and virtualization will provide growth opportunities
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even in the face of macroeconomic uncertainties and volatility.
! Successful software vendors will be those that can best adapt their technologies
and business models to the continually changing dynamics of the marketplace.
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Filing Information: July 2008, IDC #213259, Volume: 1
Software Overview: Market Analysis