Worldwide Software Market Grew 5.5% to $369 Bn in 2013 as US and Eurozone Pick Up Pace

Worldwide software market grew by 5.5% year over year in 2013 reaching a total market size of $369 billion, according to a new report.
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Worldwide software market grew by 5.5% year over year in 2013 reaching a total market size of $369 billion, according to a new report.

In 2012, the industry grew 4.3%, said the International Data Corporation report which attributed the higher growth to the Eurozone recovery and above-average growth in the United States.

The 3 segments in IDC’s software taxonomy: Application, Application Development and Deployment,Systems Infrastructure Software, grew between 5.4% and 5.6% in 2013. Among the 3, the AD and D segment had the highest growth rate of 5.6% year over year.

Vendor

2013 Revenue

2013 Market Share

2012 Revenue

2012 Market Share

Year-Over-Year Growth

Microsoft

$65,559

17.8%

$58,454

16.7%

12.2%

IBM

$29,444

8.0%

$29,109

8.3%

1.2%

Oracle

$29,013

7.9%

$28,301

8.1%

2.5%

SAP

$18,143

4.9%

$17,060

4.9%

6.4%

Symantec

$6,365

1.7%

$6,423

1.8%

-0.9%

Others

$220,368

59.7%

$210,258

60.1%

4.8%

Total

$368,892

100.0%

$349,604

100.0%

5.5%

Data and analytics help companies build better products and services. Microsoft leads the list with a 12.2% year over year growth followed by SAP at 6.4%, Oracle at 2.5% and IBM at 1.2%.

North America saw the highest growth at 7.7% in 2013 followed by Western Europe at 6.6% growth. Japan saw a decline of 11.6% year on year due to the effects of devaluation of the Yen.
IDC
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