Enterprise software set to hit $288bn globally in 2012

Summary:Worldwide enterprise software revenue will grow 9.5 percent this year, according to a new report by Gartner

Worldwide enterprise software revenue will grow 9.5 percent this year, according to a report on Wednesday by Gartner.

Revenue for 2011 will exceed $267bn (£167bn), up from $244bn in 2010, the report said. The market is expected to see continual growth through the next five years, hitting $288bn in 2012. Latin America and the Asia-Pacific region, excluding Japan, are projected to clock the fastest growth rates by the end of 2011.

Worldwide, enterprise infrastructure software is on pace to reach $153.3bn this year, registering a nine-percent increase from 2010's revenue of $140.6bn. Within this category, operating systems see the largest spending with a projected revenue of $32.6bn in 2011, followed by database management systems revenue at $25.5bn.

For more on this ZDNet UK-selected story, see Enterprise software revenue to hit $267B this year on ZDNet Asia.


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Topics: Tech Industry

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Elly grew up on the adrenaline of crime fiction and it spurred her interest in cybercrime, privacy and the terror on the dark side of IT. At ZDNet Asia, she has made it her mission to warn readers of upcoming security threats, while also covering other tech issues.

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