Search, Content Analytics, Structured Data Management Have Hand In Growth Of WorldWide Software Market
IDC this week released the latest results from its Worldwide Semiannual Software Tracker, which provides total market size and vendor share for all software technology areas. In 2013, the tracker reports, the worldwide software market grew 5.5 percent year over year to a total market size of $369 billion.
None of the three primary segments that comprise the total software market in IDC’s software taxonomy – Applications; Application Development & Deployment (AD&D); and Systems Infrastructure software – had a standout performance, it says.
But function-specific types of software in these primary segments did. Among these headline acts, the Content Applications subset of the Applications primary market segment had year-over-year growth rates above 10 percent. That market, IDC says, is driven by Search and Content Analytics applications, which grew at 13.2 percent year over year. The Big Data and analytics adoption trend was largely responsible for this market growth, it says.