Big data, analytics and enterprise applications will continue to drive software spending growth into 2017, according to a new report from IT research firm International Data Corp. IDC’s latest forecast from its Worldwide Semiannual Software Tracker shows that the compound annual growth rate for the software market in the 2012-2017 forecast period will remain close to 6 percent.
Collaborative applications along with structured data management software and data access, analysis and delivery products are expected to show the strongest growth over the five-year forecast period, with over 8 percent CAGR from 2012-2017.
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