International Data Corporation (IDC) in its latest results from the Worldwide Software Market Forecaster. The research monitors over 1000 software vendors (global and local) across a total of 49 countries globally, a total of 35 vendors achieved revenues of more than $1 billion in 2011, representing a combined market share of 62%. The remaining market is shared among 1129 vendors and others.
Of the vendors that achieved more than $1 billion in software revenue, only three achieved a high double-digit growth rate (over 20%) – VMware, Salesforce.com, and Cadence Design Systems. Microsoft remained the number 1 software vendor globally, holding 17.8% market share based on revenues. IBM holds the number 2 position and continued its streak of steady positive growth in 2011. Oracle and SAP were next in line with both vendors achieving double-digit growth rates.
Chart: Worldwide Software Market, Five Year YoY Growth in Revenues (%)Description: Worldwide Software Market ForecasterIDC’s Worldwide Software Market Forecaster covers both historical (3 years annual) and forecast (5 years annual) data for IDC’s entire SW taxonomy. Packaged software vendor revenue is presented for 79 markets and three geographic regions (Americas, EMEA, Asia/Pacific). Data on over 650 private and over 350 public companies is presented. Historical annual data is provided once a year and forecasts are updated twice a year.For more information, or to subscribe to the research, please contact Kathy Nagamine at 1-650-350-6423 or email@example.com.Further detail about this product can be found at:http://www.idc.com/tracker/showproductinfo.jsp?prod_id=151Tags: IDC, tracker, software, vendor, revenue, IBM, HP, Oracle, Microsoft, C …Author: IDCcharts powered by iCharts