IDC’s latest forecast from its Worldwide Semiannual Software Tracker shows that the compound annual growth rate for the software market in the 2012-2017 forecast period will remain close to 6 percent.

Collaborative applications along with structured data management software and data access, analysis and delivery products are expected to show the strongest growth over the five-year forecast period, with over 8 percent CAGR from 2012-2017.

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