Enterprise Software Spending to Rise 4.5 Percent This Year
September 27, 2010 Timothy Prickett Morgan
The global enterprise software market is on the rebound this year after taking it on the chin thanks to the Great Recession last year. According to the analysts at Gartner, worldwide software sales across all categories will come to $232 billion in 2010, up 4.5 percent from last year’s spending levels. Gartner is projecting that software spending will rise even faster in 2011, up 6.3 percent to $246.6 billion, and is projecting for sales to hit $297 billion by 2014. This represents a compound annual growth rate of 6 percent over the six years running from 2009 through 2014. |