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%.
Ashiish K Sinha
