IDC: SAP and Oracle winners as software growth slows

April 22, 2013

A growing interest in big data, analytics, and cloud computing helped propel a weak software enterprise market last year, according to research from IDC. SAP and Oracle fared the best among the large software vendors.The worldwide software market grew 3.6 percent year-on-year and totalled US$342.6 billion, which is less than half the growth rates seen in 2010 and 2011, according to IDC's latest Worldwide Semiannual Software Tracker.IDC sees 2012 as the beginning of a period with slower growth for the enterprise software market as a whole. However, there are faster growing segments, such as data access, analysis and delivery; collaborative applications; CRM applications, security software; and system and network management software, according to IDC.On a regional basis, the overall software market was undermined by sluggish sales in Western Europe, which represented 26.5 percent of the worldwide market and was the only region to experience a drop in revenue in 2012. The U.S. market -- which represented more than 45 percent of the overall market -- grew by 6 percent year-on-year, according to IDC. The countries with the greatest growth in 2012 were Saudi Arabia, Peru, Colombia, China, and Turkey, it said.To read this article in full or to leave a comment, please click here

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