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Worldwide software market grew 4.8 percent in 2013: Gartner

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Bangalore: Worldwide software revenue totalled $407.3 billion in 2013, a 4.8% increase from 2012 revenue of $388.5 billion, according to Gartner, Inc. The developed geographies were the primary growth drivers offsetting the relative sluggishness in emerging markets. The software industry is in the middle of a multiyear cyclical transition as organizations are focusing investment on …

[via Kerala IT News]

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