Trends Report

The Future Of The Enterprise Software Industry

Prepare For A Buyers' Market In Enterprise Software, 2020 To 2030

September 5th, 2019
CM
Christopher Mines
With contributors:
Stephen Powers , Andrew Bartels , John Rymer , Abigail Livingston , Kara Hartig

Summary

Business spending on software has soared from $172 billion to $920 billion over the past 25 years, a healthy 7% annual growth rate. Software has become the dominant medium for engaging with customers, documenting transactions, and managing employees and assets. What's next? Software will spread to every corner of enterprise operations, but the growth of software spending will slow to 4% from 2020 to 2030. Application development and delivery (AD&D) pros, read this report to learn why software's continuing spread will paradoxically lead to slower growth.

Want to read the full report?

Contact us to become a client

This report is available for individual purchase ($1495).

Forrester helps business and technology leaders use customer obsession to accelerate growth. That means empowering you to put the customer at the center of everything you do: your leadership strategy, and operations. Becoming a customer-obsessed organization requires change — it requires being bold. We give business and technology leaders the confidence to put bold into action, shaping and guiding how to navigate today's unprecedented change in order to succeed.