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PUBLISHER: IDC | PRODUCT CODE: 1341315
PUBLISHER: IDC | PRODUCT CODE: 1341315
Worldwide Software Business Model (Subscription and License) Forecast, 2023-2027
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PAGES: 14 Pages
DELIVERY TIME: 1-2 business days
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This IDC study provides IDC's forecast for worldwide software business model revenue through 2027."The trend for software companies to adopt the subscription business model continues to grow quickly at an 18.2% 2022-2027 CAGR and is forecast to represent 92.2% of total software revenue by 2027," said Mark Thomason, research director for Digital Business Models and Monetization with IDC.
IDC Market Forecast Figure
Executive Summary
Advice for Technology Suppliers
Market Forecast
Market Context
- Drivers and Inhibitors
- Drivers
- Aggressive Adoption of the Cloud Service Model
- Digital Transformation Continues to Be a Strong Business Driver for Cloud Adoption
- The Quest for Predictable Recurring Revenue by Technology Vendors and Their Investors
- Inhibitors
- Changing Business Models Is Challenging for Existing Software Companies
- Buyer Behavior
- Drivers
- Significant Market Developments
- Changes from Prior Forecast
Market Definition
Methodology
Related Research
Product Code: US50123823
IDC Market Forecast Figure
Executive Summary
Advice for Technology Suppliers
Market Forecast
Market Context
- Drivers and Inhibitors
- Drivers
- Aggressive Adoption of the Cloud Service Model
- Digital Transformation Continues to Be a Strong Business Driver for Cloud Adoption
- The Quest for Predictable Recurring Revenue by Technology Vendors and Their Investors
- Inhibitors
- Changing Business Models Is Challenging for Existing Software Companies
- Buyer Behavior
- Drivers
- Significant Market Developments
- Changes from Prior Forecast
Market Definition
Methodology
Related Research
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