Industry Analysis 2017 IBM Software Innovation Market - Global Market Size, Market Share, Growth, Trends, and Forecast 2022 by Acute Market Reports
Software is able to support innovation in enterprise markets because software is so much easier to change than physical devices.
The worldwide enterprise software market at $295 billion showed broad growth in 2012. Growth was achieved as companies positioned to garner a presence in real time computing, adapt to the Internet as a channel, and embrace mobile devices as adjuncts to business process. Worldwide software revenue increased 8.9 percent in 2012. Software for innovation was a $73.4 billion sub-segment of the overall software market.