Enterprise software revenue growth suggests recovery under way, IDC says

Social networking applications drive applications revenue growth

The global enterprise software market expanded by 5.5 percent year over year during the first half of 2013 to US$179 billion, a result that suggests a tentative rebound from economic turmoil in Europe, according to analyst firm IDC.

Global software revenue ticked up 5.1 percent during the same period in 2012, IDC said Wednesday. For the full year 2013, IDC expects a 5.7 percent growth rate.

"Enterprises are seeing new opportunities to drive new and improved products and services by leveraging information," IDC senior vice president Henry Morris said in a statement. "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."

The analyst firm breaks the software market into three main segments: applications; application development and deployment; and systems infrastructure.

Applications experienced a 5.8 percent sales increase in the first half of this year, driven by 28.3 percent growth in enterprise social networking product sales.

Application development and deployment product revenue lagged those results slightly, with a 5.1 percent first-half growth rate. Systems infrastructure software sales also increased 5.1 percent overall, but the system software subcategory jumped more than 8 percent due to factors such as the Windows 8 launch, according to IDC.

By region, Latin America was the fastest-growing area with an 8.6 percent uptick, followed by the U.S. with 7.9 percent. Growth was 5.1 percent in Western Europe.

Asia-Pacific saw a 6.6 percent rise in software revenue but only when Japan is excluded. A devalued yen resulted in a 9.2 percent drop in software revenue there when calculated in U.S. dollars, IDC said.

Chris Kanaracus covers enterprise software and general technology breaking news for The IDG News Service. Chris' email address is Chris_Kanaracus@idg.com

Join the Good Gear Guide newsletter!

Error: Please check your email address.

Tags applicationsIDCit strategyCIO rolemiddlewaresoftwareIT managementbusiness managementconsumerization of IT

Our Back to Business guide highlights the best products for you to boost your productivity at home, on the road, at the office, or in the classroom.

Keep up with the latest tech news, reviews and previews by subscribing to the Good Gear Guide newsletter.

Chris Kanaracus

IDG News Service
Show Comments

Essentials

Lexar® JumpDrive® S57 USB 3.0 flash drive

Learn more >

Microsoft L5V-00027 Sculpt Ergonomic Keyboard Desktop

Learn more >

Mobile

Lexar® JumpDrive® S45 USB 3.0 flash drive 

Learn more >

Exec

HD Pan/Tilt Wi-Fi Camera with Night Vision NC450

Learn more >

Lexar® JumpDrive® C20c USB Type-C flash drive 

Learn more >

Lexar® Professional 1800x microSDHC™/microSDXC™ UHS-II cards 

Learn more >

Audio-Technica ATH-ANC70 Noise Cancelling Headphones

Learn more >

Budget

Back To Business Guide

Click for more ›

Most Popular Reviews

Latest News Articles

Resources

PCW Evaluation Team

Azadeh Williams

HP OfficeJet Pro 8730

A smarter way to print for busy small business owners, combining speedy printing with scanning and copying, making it easier to produce high quality documents and images at a touch of a button.

Andrew Grant

HP OfficeJet Pro 8730

I've had a multifunction printer in the office going on 10 years now. It was a neat bit of kit back in the day -- print, copy, scan, fax -- when printing over WiFi felt a bit like magic. It’s seen better days though and an upgrade’s well overdue. This HP OfficeJet Pro 8730 looks like it ticks all the same boxes: print, copy, scan, and fax. (Really? Does anyone fax anything any more? I guess it's good to know the facility’s there, just in case.) Printing over WiFi is more-or- less standard these days.

Ed Dawson

HP OfficeJet Pro 8730

As a freelance writer who is always on the go, I like my technology to be both efficient and effective so I can do my job well. The HP OfficeJet Pro 8730 Inkjet Printer ticks all the boxes in terms of form factor, performance and user interface.

Michael Hargreaves

Windows 10 for Business / Dell XPS 13

I’d happily recommend this touchscreen laptop and Windows 10 as a great way to get serious work done at a desk or on the road.

Aysha Strobbe

Windows 10 / HP Spectre x360

Ultimately, I think the Windows 10 environment is excellent for me as it caters for so many different uses. The inclusion of the Xbox app is also great for when you need some downtime too!

Mark Escubio

Windows 10 / Lenovo Yoga 910

For me, the Xbox Play Anywhere is a great new feature as it allows you to play your current Xbox games with higher resolutions and better graphics without forking out extra cash for another copy. Although available titles are still scarce, but I’m sure it will grow in time.

Featured Content

Latest Jobs

Don’t have an account? Sign up here

Don't have an account? Sign up now

Forgot password?