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Home > Posts > Enterprise Software Market Grows Slowly in First Quarter 2013
June 20

Enterprise Software Market Grows Slowly in First Quarter 2013

Keywords: Enterprise Software, Quarterly Supplier Revenues, Asia-Pacific, Europe, Middle East & Africa, Latin America, North America.

The year-over-year growth of the worldwide enterprise software market decelerated in the first quarter of 2013. Strong maintenance and support revenues and growth from acquisitions were the major contributors to overall growth. Meanwhile, weakness in new software licenses inhibited growth. The value of the euro remained stable relative to the dollar, neutralizing exchange rate effects.

The suppliers included in this report recorded combined quarterly revenue of $19.9 billion, representing a 3.4 percent year-over-year growth rate. The individual year-over-year change in supplier revenues ranged from a reduction of 3.1 percent to growth of 13.7 percent. Combined software and product revenues grew at about 1 percent, suggesting that service revenues will remain flat over the near future. However, half of the suppliers in the sample reported year-over-year decreases in software revenues, which does not bode well for future service revenues.

Supplier Revenues
This ARC Advisory Group report discusses the most recent quarterly revenue results of the most prominent publicly traded enterprise software companies. We translate financial results reported in foreign currencies to US dollars using an average exchange rate for the given reporting period. The suppliers' reporting period for this analysis is the quarter ending in March, unless stated otherwise.

ARC Advisory Group clients can view the complete report at this Link.

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