International Data Corporation (IDC) has released the latest forecast from the Worldwide Semiannual Software Tracker. For 2014, the worldwide software market is forecast to grow 5.9% year over year in current US dollars (USD). In constant USD the growth rate has been revised to 5.7%, down from the 6.2% year-over-year growth forecast in November 2013. IDC believes that the compound annual growth rate (CAGR) for the 2013-2018 forecast period will remain close to 6%.
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