Recently published research from MarketLine, "Global Software & Services", is now available at Fast Market Research
Boston, MA -- (SBWIRE) -- 01/21/2014 -- Global Software & Services industry profile provides top-line qualitative and quantitative summary information including: market size (value 2008-12, and forecast to 2017). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market. Essential resource for top-line data and analysis covering the Global software & services market. Includes market size data, textual and graphical analysis of market growth trends, leading companies and macroeconomic information.
- The global Software & Services industry group is composed of the Software industry, the IT Services industry, and the Internet Software & Services market. The global software industry consists of the global application software, systems software, and home entertainment software markets. The global IT Services industry is composed of the global Data Processing and Outsourcing market, and the global IT Consulting and Other Services market. The Data Processing & Outsourcing market measures providers of commercial electronic data processing and/or business process outsourcing services. The IT Consulting and Services market covers providers of information technology and systems integration services. It also includes information technology consulting and information management services. The market values are calculated as revenue generated from such services. The global Internet Software and Services market consists of companies developing and marketing Internet software and/or providing Internet services including online databases and interactive services, web address registration services, database construction and Internet design services. Market values reflect receipts from Internet service providers and web search portals. Any currency conversions used in the creation of this report have been calculated using constant 2012 average exchange rates.
- The global software & services industry group had total revenues of $2,596bn in 2012, representing a compound annual growth rate (CAGR) of 4.8% between 2008 and 2012.
- The information technology (IT) services segment was the industry group's most lucrative in 2012, with total revenues of $1,254.3bn, equivalent to 48.3% of the industry group's overall value.
- The performance of the industry group is forecast to decelerate, with an anticipated CAGR of 4.4% for the five-year period 2012 - 2017, which is expected to drive the industry group to a value of $3,223.4bn by the end of 2017.
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