SaaS and data-driven smart applications are core growth drivers in the software market

What is the size of the market in your area? The Forrester report shows the 2013 forecast for the global software market, primarily the enterprise market, and concluded that business intelligence, analytics, and collaboration type applications will grow the fastest.

Forrester pointed out in the study that SaaS, along with those data-driven smart applications, has begun to be a core growth driver for the global software market. The market value of SaaS software is expected to grow by 25% in FY13 to reach 59 billion U.S. dollars. By 2014, it is estimated that this figure will reach an astonishing 750 billion U.S. dollars.

Forrester uses the term "smart computing" to define applications that provide intuitive decision-making through data access, data analysis, and business intelligence. The market for "smart computing" software is forecast to reach $ 41 billion in 2013 and to $ 48 billion in 2014. Of course, smart processing applications and SaaS applications will have some overlap.

At the same time, Forrester also points out what software will be "delayed" this year. It noted that Google Apps (Google's enterprise-oriented software services) put pressure on desktop applications, so desktop apps will only see a 4% increase this year. The type of enterprise content management applications will be reduced by 26%.