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Research and Markets: Global Software & Services: The Global Software and Services Industry Had Total Revenues Of $2,482.8 Billion In 2011

2012-06-30

DUBLIN ---- Research and Markets has announced the addition of the "Global Software & Services" report to their offering.

Global Software & Services industry profile provides top-line qualitative and quantitative summary information including: market share, market size (value 2007-11, and forecast to 2016). 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 and segmentation data, textual and graphical analysis of market growth trends, leading companies and macroeconomic information.

Highlights

-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 global software and services industry had total revenues of $2,482.8 billion in 2011, representing a compound annual growth rate (CAGR) of 6.3% for the period spanning 2007-2011.

-The IT services segment was the industry's most lucrative in 2011, with total revenues of $1,183.3 billion, equivalent to 47.7% of the industry's overall value.

-The performance of the industry is forecast to accelerate, with an anticipated CAGR of 6.6% for the five-year period 2011 - 2016, which is expected to drive the industry to a value of $3,422.8 billion by the end of 2016.

Companies Mentioned:

Google Inc.

Hewlett-Packard Company

IBM Global Services

Microsoft Corporation

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