Enterprise software market revenue grows 8.5 pc

In 2009, worldwide revenue declined 2.5 per cent to USD 226 billion.

PTI | May 6, 2011



The worldwide enterprise software market showed broad growth and a recovery in 2010, with total software revenue increasing 8.5 per cent annually to a worldwide market size of USD 245 billion, according to IT research and advisory firm Gartner, Inc.

In 2009, worldwide revenue declined 2.5 per cent to USD 226 billion.

Microsoft maintained the No. 1 position as it increased its worldwide enterprise software revenue market share to 22.4 per cent in 2010.

IBM maintained its number two ranking in 2010 as it had in 2009 and it would be the No. 1 enterprise software vendor if Gartner did not count consumer sales of Microsoft's office and operating systems. IBM sells only to enterprises and partners.

Oracle increased its revenue 19.4 per cent. Growth was achieved across all software markets, with faster growth emerging from its business intelligence, security, IT operations and data integration and quality tools offerings.
 

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