Close
  • Latest News
  • Cybersecurity
  • Big Data and Analytics
  • Cloud
  • Mobile
  • Networking
  • Storage
  • Applications
  • IT Management
  • Small Business
  • Development
  • Database
  • Servers
  • Android
  • Apple
  • Innovation
  • Blogs
  • PC Hardware
  • Reviews
  • Search Engines
  • Virtualization
Read Down
Sign in
Close
Welcome!Log into your account
Forgot your password?
Read Down
Password recovery
Recover your password
Close
Search
Menu
Search
  • Latest News
  • Cybersecurity
  • Big Data and Analytics
  • Cloud
  • Mobile
  • Networking
  • Storage
  • Applications
  • IT Management
  • Small Business
  • Development
  • Database
  • Servers
  • Android
  • Apple
  • Innovation
  • Blogs
  • PC Hardware
  • Reviews
  • Search Engines
  • Virtualization
More
    Home Applications
    • Applications

    Virtualization, CRM Apps Lead Software Market Growth: IDC

    By
    Nathan Eddy
    -
    November 7, 2012
    Share
    Facebook
    Twitter
    Linkedin

      For the first half of 2012, the worldwide software market grew 4.7 percent year-over-year, reaching a total market size of $167 million, led by growth in CRM applications, virtualization software and system infrastructure software, according to IDC’s latest Worldwide Semiannual Software Tracker report.

      The applications segment, one of the three primary segments of commercial software in IDC’s software taxonomy, which holds almost 49 percent of overall market share, was the fastest-growing market group, with 5.1 percent year-over-year growth.

      Both virtualization markets—virtual machine and cloud system software, and virtual client computing—were among the fastest-growing software markets. Among the enterprise applications markets, the CRM applications market stood out as three out of four CRM market segments performed at a double-digit rate in the first half. The only CRM segment that experienced single-digit growth was the contact center market. The other three markets, customer service, marketing and sales, had a combined growth rate of more than 12 percent, according to the report.

      “Increasingly, companies are thinking of social solutions as decision support and ad hoc work facilitators and are looking for richer features that integrate data and content with people and systems,” Vanessa Thompson, IDC research manager for enterprise social networks and collaborative technologies, said in a statement. “In the new collaborative enterprise, companies are extending asynchronous data and content-sharing capabilities to enable collaboration with a broader range of external constituents, including customers, partners and suppliers.”

      In the collaborative applications segment, team collaborative applications and enterprise social software posted strong growth rates over the last two years. The enterprise social software moved from 3 percent market share within the collaborative applications secondary market in 2008 to more than 11 percent in the first half of 2012, while the team collaborative applications market grew almost 15 percent during the first half of 2012, IDC reported.

      The report noted the virtual machine and cloud system software market experienced lower growth of 17.8 percent in the first half, while the virtual client computing market maintained the low double-digit growth rate it has experienced over the past three years. Other virtualization-related technologies, such as the workload scheduling and automation market, followed the same high-growth patterns as the core technology segments, as the industry matures its solutions and customers begin to transform their desktops and work spaces.

      “Virtual machine software unit shipments still remain healthy and growing, but have seen some slowdown in mature markets that have high virtualization rates. Business models are shifting as well, with the hypervisor drawing less direct revenue and increasingly becoming an embedded feature of operating systems and cloud system software,” Gary Chen, IDC research manager for cloud and virtualization system software, said in a statement. “Competition in the market is fiercer than ever, with vendors like Microsoft and Red Hat challenging market leader VMware with increasingly capable and cheaper solutions. Cloud system software, which includes platforms such as vCloud, OpenStack and CloudStack, remains a nascent market, but holds a lot of promise as customers evolve from virtualized infrastructure to cloud infrastructure.”

      Avatar
      Nathan Eddy
      A graduate of Northwestern University's Medill School of Journalism, Nathan was perviously the editor of gaming industry newsletter FierceGameBiz and has written for various consumer and tech publications including Popular Mechanics, Popular Science, CRN, and The Times of London. Currently based in Berlin, he released his first documentary film, The Absent Column, in 2013.

      MOST POPULAR ARTICLES

      Android

      Samsung Galaxy XCover Pro: Durability for Tough...

      Chris Preimesberger - December 5, 2020 0
      Have you ever dropped your phone, winced and felt the pain as it hit the sidewalk? Either the screen splintered like a windshield being...
      Read more
      Cloud

      Why Data Security Will Face Even Harsher...

      Chris Preimesberger - December 1, 2020 0
      Who would know more about details of the hacking process than an actual former career hacker? And who wants to understand all they can...
      Read more
      Cybersecurity

      How Veritas Is Shining a Light Into...

      eWEEK EDITORS - September 25, 2020 0
      Protecting data has always been one of the most important tasks in all of IT, yet as more companies become data companies at the...
      Read more
      Big Data and Analytics

      How NVIDIA A100 Station Brings Data Center...

      Zeus Kerravala - November 18, 2020 0
      There’s little debate that graphics processor unit manufacturer NVIDIA is the de facto standard when it comes to providing silicon to power machine learning...
      Read more
      Apple

      Why iPhone 12 Pro Makes Sense for...

      Wayne Rash - November 26, 2020 0
      If you’ve been watching the Apple commercials for the past three weeks, you already know what the company thinks will happen if you buy...
      Read more
      eWeek


      Contact Us | About | Sitemap

      Facebook
      Linkedin
      RSS
      Twitter
      Youtube

      Property of TechnologyAdvice.
      Terms of Service | Privacy Notice | Advertise | California - Do Not Sell My Information

      © 2021 TechnologyAdvice. All Rights Reserved

      Advertiser Disclosure: Some of the products that appear on this site are from companies from which TechnologyAdvice receives compensation. This compensation may impact how and where products appear on this site including, for example, the order in which they appear. TechnologyAdvice does not include all companies or all types of products available in the marketplace.

      ×